Auto Industry
Jaiveer Mehra
Aug 30, 2022, 6:30 PM
Mahindra says it plans to deliver all units of the Z8-L variant from the first 25,000 bookings by end-November.
2 Min
Reuters | Aug 30, 2022U.S. Says Had Constructive Talks With India On Russian Oil Price Cap PlanThe United States had constructive talks with Indian officials on a proposal to cap prices of Russian oil, U.S. Deputy Treasury Secretary Wally Adeyemo said on Friday, as it seeks global support for a proposal to cut Russian revenue.2 mins read
Reuters | Aug 30, 2022Indian Rupee Eases For Three Straight Weeks As Oil Resurgence WeighsThe Indian rupee eased for the third week running, as pressures from firmer oil prices and the dollar blunted some of the optimism from a report about adding the Asian nation to a coveted emerging-market bond index.1 min read
Reuters | Aug 30, 2022India's GAIL Sets 2040 Goal For Net Zero Carbon EmissionsIndia's GAIL (India) Ltd has set a 2040 target to achieve net zero carbon emissions from its operations, Chairman Manoj Jain told the gas distributor's annual shareholders' meeting.1 min read
Reuters | Aug 30, 2022Yemen's HSA Pledges $1.2 Million To U.N. Drive To Avert Tanker Oil SpillYemen's HSA Group became the first private entity to pledge funds for a United Nations operation to avoid an oil spill from a tanker stranded off the coast of Yemen, as the U.N. urgently tries to secure an initial requirement of $80 million.2 mins read
Reuters | Aug 30, 2022Exclusive-Major Traders, Banks Cut Business Ties With Russia-Backed Indian Refiner -SourcesMany global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as they are worried about Western sanctions over Russia's invasion of Ukraine, two people with knowledge of the matter told Reuters.2 mins read
Reuters | Aug 30, 2022India Bond Yields End Up, High Oil Prices Stir Inflation WoesIndian government bond yields ended higher for a fifth consecutive session, as crude at $100 raised fears inflation may stay elevated.1 min read
Reuters | Aug 30, 2022India's Chennai Petroleum Corp Forms Joint Venture For $4 Billion RefineryChennai Petroleum Corp Ltd said it has formed a joint venture with its parent company Indian Oil Corp and others to build a 9 MMTPA refinery at a cost of 315.80 billion rupees ($3.95 billion) in southern Tamil Nadu state.1 min read
Reuters | Aug 30, 2022Indonesia To Shift $1.6 Billion Portion Of Fuel Subsidy Budget To Welfare ProgrammesIndonesia will reallocate 24.17 trillion rupiah ($1.62 billion), or nearly 5%, of its fuel subsidy budget to social spending, including cash handouts to 20.65 million households, its finance minister said.1 min read
