Auto Industry

Reuters

Dec 31, 2022, 5:45 PM

Rupee Down As Oil Prices Gain Further, Forward Premiums Fall

The Indian rupee eased slightly as oil prices rose and investors assessed China's move to ease COVID curbs while cases continued to rise in the country.

1 Min

• 
  Reuters | Dec 31, 2022

  Russia's Angarsk Oil Refinery Says Fire Extinguished, Fuel Production Continues

  A fire that killed two people at Russia's Angarsk refinery has been extinguished.

  1 min read
• 
  Reuters | Dec 31, 2022

  Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'

  Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.

  2 mins read
• 
  Reuters | Dec 31, 2022

  India's Fuel Demand Hits Eight-Month Peak In November

  India's fuel demand climbed to an eight-month high in November.

  1 min read
• 
  Reuters | Dec 31, 2022

  India Orders Rickshaws Around Delhi To Run On Cleaner Fuel

  India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.

  1 min read
• 
  Reuters | Dec 31, 2022

  Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report

  The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.

  1 min read
• 
  Reuters | Dec 31, 2022

  India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Oil Secretary

  Indian refiners have been gorging on Russian oil sold at a discount as some Western entities shun purchases from Moscow following its invasion of Ukraine in late February.

  1 min read
• 
  Reuters | Jan 2, 2023

  India's e-Bus Ambition Hits Financing Speed Bump

  India wants to deploy 50,000 e-buses in tranches over the next four to five years at an estimated cost of one trillion rupees ($12 billion).

  3 mins read
• 
  Reuters | Dec 31, 2022

  Diesel Sales Of Indian State Retailers Up On Industrial Recovery

  Indian state refiners' daily diesel sales rose 21% in November from the previous month.

  2 mins read