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Articles of Carandbike Team
Financial, Auto Stocks Drive Indian Shares Lower As Investors Weigh Higher Oil Prices
A rally in information technology stocks and Reliance Industries had helped both indexes gain more than 1% in the previous session, with the early momentum helping them open higher on Wednesday only to give up the gains and settle lower by mid-day.
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India To Raise Petrol, Diesel Retail Prices After 4-Month Hiatus - Dealers
India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp - dominate fuel retailing in India and tend to move their prices together.
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India's Ola Electric Says Investigating Scooter Fire Incident
Investigation underway following Twitter user posting a video of his Ola scooter bursting into flames
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Toyota, Aurora Test-Drive Autonomous Ride-Hailing Fleet In Texas
Toyota's Sienna minivans, retrofitted with Aurora's self-driving system, will be tested on highways and suburban streets in the Dallas-Fort-Worth area, with the operation including trips enroute to an airport.
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India Leans Toward Continued Import Of Russian Coking Coal - Report
India set to receive atleast 1.06 million tonnes of coal from Russia this month
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Analysis-When It Comes To Oil, The Global Economy Is Still Hooked
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving that can still disrupt economies, confound policymakers and spark political strife.
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Crude Settles Up More Than 7 Per Cent As EU Mulls Russian Oil Ban
Brent futures settled at $115.62 per barrel, up to $7.69 or 7.12 per cent, while U.S. West Texas Intermediate (WTI) crude futures settled at $112.12 per barrel, up to $7.42 or 7.09per cent.
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Daimler Truck Sees Electric Trucks Costs Staying High - report
Daimler Trucks chief executive said governments need to offer subsidies to offset the higher costs of electric trucks
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EU Split On Russia Oil Sanctions, Mulls Other Steps
The EU and allies have already imposed hefty measures against Russia, including freezing its central bank's assets.
Read More →India Says No Plans For Now To Buy Russian Oil In Rupees
Junior oil minister says that there is no proposal under consideration for purchase of Russian oil in Indian rupees
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Operations Are Normal At Chipmaker SMIC's Shanghai Plants - Report
Chinese chipmaker Semiconductor Manufacturing International Corporation said operations remain normal at its Shanghai factories, state media outlet China Securities Journal reported on Monday.
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IEA Says Market May Lose 3 Million Bpd Of Russian Oil Next Month
Paris-based watchdog says buyer reluctance and sanctions on Russian crude could drive up inflation and undercut economic recovery
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Evergrande Electric Vehicle Arm To Start Taking Car Orders 'Imminently'
China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, "imminently" and open sales centres in 15 major cities across the country. Liu
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Vitesco Receives 2 Billion Euro Order For Electric Car Components - CEO
Vitesco has received an order worth around 2 billion euros ($2.20 billion) to produce a component for electric vehicles (EVs), Chief Executive Andreas Wolf said on Friday, without naming the client.
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Tesla To Ask Shareholders To Vote On Authorising More Shares
Tesla's shares rose nearly 4% to $1,049.05 in trading before the bell. The stock split, if approved, would be the company's latest after a five-for-one split in August 2020 to make owning the stock easier for its employees and investors.
Read More →India's Gasoil, Gasoline Sales Top Pre-COVID Level On Price Hike Fears
Demand for fuel in first half of March grew 24 percent over March 2019
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Evergrande Electric Vehicle Arm To Start Taking Car Orders 'Imminently'
The EV firm's Wechat post said the sales centres will be located in cities including Tianjin, Shanghai, and Guangzhou.
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Morocco Announces $180 Million In Automotive Wiring Systems Investments
Under the deals, Japan's Yazaki will set up a new wiring plant worth $38 million in Tangiers and expand its existing factories in Kenitra and Tangier for $40 million.
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India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
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Oil Jumps 5 Per Cent As Caspian Pipeline Disruption Adds To Supply Fears
The situation adds to market worries about the ripple effect of heavy sanctions on Russia, the world's second-largest crude exporter, after its invasion of Ukraine.
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