Latest News

Rupee Posts Tenth Monthly Decline On Weak Asian Peers, Oil Price Worries
The Indian rupee chalked up its tenth straight monthly fall after slipping versus the dollar, on concerns over oil prices and in line with losses in most other Asian currencies.

Indian Minister Urges OPEC+ To Consider Impact On Consumers At Dec Meeting
Nov 6, 2022 11:30 PM
India's oil minister urged the OPEC+ alliance of oil producers to bear in mind the impact of their upcoming decision.

India State Retailers To Marginally Cut Petrol, Diesel Prices From Tuesday
Nov 6, 2022 11:18 PM
India's top fuel retailer Indian Oil Corp will marginally cut petrol and diesel prices from Tuesday.

Oil Falls On U.S. Output Gains, Chinese Demand Doubts
Nov 6, 2022 09:11 PM
Oil prices fell on expectations that U.S. production could rise and as weaker economic data out of China and the country's widening COVID-19 curbs weighed on demand.

Delhi's Air Branded 'Hazardous', Spurs Calls To Close Schools
Nov 6, 2022 09:08 PM
Delhi's 20 million residents were effectively breathing smoke as the air quality index (AQI) breached the "severe" and "hazardous" categories in nearly all monitoring stations of the Indian capital, spurring calls to close schools.

Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports
Nov 6, 2022 09:05 PM
Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.

VW's SEAT Says Spain's Subsidy For Battery Plant, EV Production 'Not Sufficient'
Nov 6, 2022 06:47 PM
The chief of Volkswagen's Spanish unit SEAT said the subsidies offered by Spanish authorities for a battery factory construction and electric vehicle production "is not sufficient", but voiced optimism about finding a solution.

Stellantis To Refocus China Strategy With Jeep, Maserati Brands
Nov 6, 2022 06:36 PM
Stellantis sees its future as a niche player in China through its premium brand Jeep and luxury brand Maserati, its chief financial officer said.

Delhi Stops Construction As Pollution Set To Worsen
Nov 6, 2022 06:34 PM
Delhi has suspended most construction and demolition activities as air quality in the Indian capital is set to worsen.
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