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Reuters
Feb 23, 2023, 2:05 PM
"Discounted crude oil from Russia will help refiners boost runs," said Ehsan Ul Haq, an analyst from Refinitiv.
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Reuters | Feb 23, 2023Indian Refiner MRPL Swings To Q3 Loss Due To Windfall TaxThe crude oil refiner reported a net loss of 1.88 billion rupees ($23.1 million) for the quarter ended Dec. 311 min read
Reuters | Feb 23, 2023India's Bharat Petroleum Posts Lower Q3 Profit On Stagnant Retail PricesThe company's standalone net profit dropped to 19.60 billion rupees ($240.6 million) in the third quarter ended Dec. 31, from 28.28 billion rupees a year earlier.1 min read
Reuters | Feb 23, 2023India Earmarks $3.7 Billion For State Oil Companies' Energy Transition"This Budget builds on our focus on green growth," finance minister Nirmala Sitharaman said in her budget speech.1 min read
Reuters | Feb 23, 2023Exclusive-Indian Refiners Pay Traders In Dirhams For Russian OilIndia's top bank, the State Bank of India (SBI), is now clearing these dirham payments1 min read
Reuters | Feb 23, 2023India Says Its Proposed Biofuels Alliance Draws Interest Of Russia, Brazil Among OthersThe focus on biofuels is also aimed at helping India's transition to alternative fuels and cutting its import bill1 min read
Seshan Vijayraghvan | Feb 23, 2023Vida Expands Charging Network To Bengaluru, Delhi And Jaipur; Adds Nearly 300 Charging PointsThe company has set up nearly 300 charging points at 50 locations across the three cities for public use. Vida says that the charging network is spread across key locations, and each charging station will have DC and AC charging sockets.1 min read
Reuters | Feb 23, 2023Russia's Sechin Says Europe No Longer Sets Urals PriceAsia has emerged as the largest buyer of Russian oil since the West placed it under sanctions.1 min read
Reuters | Feb 23, 2023Oil Surges More Than 3% As Fed's Powell Eases Rate Hike ConcernsBrent crude futures were up $2.70, or 3.3%, to $83.69 a barrel, while U.S. West Texas Intermediate crude futures rose $3.03, or 4.1%, to $77.14 per barrel.1 min read
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Car News
car&bike Team | Aug 2, 20231978 Land Cruiser 'Mudcrab' Driven 7 km UnderwaterThe audacious stunt shattered two world records, setting new benchmarks for the longest and deepest underwater drive at a depth of 30 meters.1 min read
Shams Raza Naqvi | Aug 1, 2023Maruti Suzuki Brezza Or Maruti Suzuki Fronx: Friendly FightTwo similarly priced offerings from the house of same carmaker in the same segment come together in this friendly contest. Which one suits you more? Let’s find out.8 mins read
Jafar Rizvi | Aug 1, 2023Auto Sales July 2023: Mahindra Registers Highest-Ever Monthly SalesThe SUV maker sold a total of 66,124 vehicles, including exports1 min read
Jafar Rizvi | Aug 1, 2023Auto Sales July 2023: Tata Motors Records Mixed Sales Performance In July 2023The company managed to sell a total of 80,633 units in domestic and international markets combined1 min read
Sidharth Nambiar | Aug 1, 2023Auto Sales July 2023: Hyundai Motor India Sells 66,701 Units In July 2023Hyundai registered an increase of 4.46 per cent in sales over the same corresponding month last year2 mins read
Electric Mobility
Sahil Gupta | Jan 26, 2021BlackBerry And Baidu Cement Autonomous Car Tech PartnershipBlackBerry takes care of the safety stack, network security and reliability while Baidu integrates its AI platform and deep learning algorithms.1 min read
Sahil Gupta | Jan 26, 2021Tesla Partners With Samsung For 5nm Self Driving Chips: ReportElon Musk has already said that his team is working on the next two generations of the full self-driving chip which are expected to be 3 times better1 min read
Shubham Parashar | Jan 26, 2021Tesla: Global Product PortfolioTesla has few models lined-up for our domestic market and it is safe to say that they will hold a status equivalent to that of Porsches and Lamborghinis when it comes to market positioning and volumes. Let's have a look at Tesla India's expected product portfolio.1 min read
car&bike Team | Jan 26, 2021Nissan Flips The Switch On Electric Reboot In ChinaNissan Motor is accelerating the rollout of electric vehicles in China under its main brand and its local, no-frills Venucia marque as it overhauls its strategy in the world's biggest auto market, four sources told Reuters.1 min read
Sahil Gupta | Jan 25, 2021Waymo CEO Believes Tesla's AutoPilot Is Not Self Driving RivalKrafcik in fact revealed that Waymo's original plan was the same as Tesla's but the strategy was rejected years ago.1 min read
Auto Industry
Seshan Vijayraghvan | Sep 20, 2021Mercedes-Benz India Helps Set Up Oxygen Plant At Pune's Seth Tarachand HospitalMercedes-Benz India, in collaboration with the Bharat Vikas Parishad (BVP) to set up an oxygen plant at the Seth Tarachand Hospital, in Pune, Maharashtra. The new oxygen plant will come with a capacity of 280 litres/minute and is expected to support at least 200 beds at the hospital.1 min read
car&bike Team | Sep 20, 2021U.S. Opens Probe Into 30 Million Vehicles Over Takata Airbag InflatorsU.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata airbag inflators, a government document seen by Reuters on Sunday showed.1 min read
car&bike Team | Sep 20, 2021General Motors, American Airlines, Microsoft Join Gates-Backed Programme To Boost Clean EnergySeveral U.S. companies, including American Airlines Group Inc, General Motors and Microsoft Corp, on Monday build on their commitment to clean energy by joining billionaire and Microsoft co-founder Bill Gates' Breakthrough Energy programme.1 min read
car&bike Team | Sep 20, 2021Honda Targets Annual Sales Of 70,000 Prologue Electric Vehicles In U.S. From 2024Honda Motor Co's U.S. unit said on Monday it is targeting initial annual sales of 70,000 for its planned electric Prologue sport utility vehicle when it goes to market in 2024.1 min read
Charanpreet Singh | Sep 19, 2021Renault Rolls Out Discounts Of Up To Rs. 80,000 In September 2021Renault India is offering benefits up to Rs. 80,000 on its entire model line-up this month. These benefits include cash discounts, exchange bonuses and corporate discounts.1 min read
Reuters | Sep 19, 2021Stellantis To Push Into Challenging Indian Market With CitroenThe company said it plans to produce a new version of the Citroen C3, positioned as a city car in Europe, in India and Latin America for launch in the second half of 2022.1 min read
Reuters | Sep 19, 2021Iveco Charts Future After CNH With Nikola Electric Truck DealIn a sign of Iveco's ambitions, the truckmaker on Wednesday signed a memorandum of understanding under which it and partner Nikola will test and deliver up to 25 vehicles to the port of Hamburg, one of Europe's largest.1 min read
Reuters | Sep 19, 2021Oil Falls As Storm-Hit U.S. Supply Trickles Back Into MarketFor the week, Brent was up 3.3% and U.S. crude was up 3.2%, supported by tight supplies due to the hurricane outages.1 min read
Charanpreet Singh | Sep 20, 2021Union Minister Nitin Gadkari's Kia Carnival Clocks 170 Kmph During Delhi-Mumbai Expressway Speed Test RunDuring a two-day visit, Union Minister Nitin Gadkari personally reviewed the progress of work carried out on the upcoming Delhi-Mumbai Expressway (DME). The transport minister also carried out a speed test run on the expressway in the Kia Carnival.1 min read