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October 31, 2023 3:41 PM

Gold demand loses lustre in peak festive season as prices rally

Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold Council (WGC) said on Tuesday. India is the world's second-largest gold consumer, and a drop in purchases could limit a rally in g...

October 27, 2023 12:23 PM

IndianOil’s launch of reference fuels: A step towards energy independence

In a notable stride towards achieving energy self-sufficiency, Indian Oil's Paradip and Panipat Refineries have successfully launched "Reference Gasoline and Diesel Fuels." This landmark achievement was celebrated in the presence of Hardeep Singh Puri, Minister of Petroleum & Natural Gas an...

October 27, 2023 8:45 AM

CCI Approves Renault and Nissan cross-shareholding rebalancing

The Competition Commission of India (CCI) has granted approval for a proposed combination involving the re-balancing of cross-shareholdings between two automotive giants, Renault and Nissan. This move has far-reaching implications for their joint ventures in India, marking a crucial step in their st...

October 26, 2023 4:29 PM

India Mobile Congress 2023 to showcase technological advancements

The highly anticipated India Mobile Congress 2023, the country's largest telecom industry event, is set to commence on October 27 in Delhi.  Prime Minister Narendra Modi will inaugurate this three-day program, as announced by the Department of Telecommunications. The India Mobile Congress 2...

October 18, 2023 3:42 PM

India extends sugar export restrictions until further orders

India has announced an extension of the export restrictions on sugar, effective beyond October 31, 2023, and until further notice, as per a notification issued by the Directorate General of Foreign Trade on Wednesday. The export limitations pertain to various sugar categories, including raw sugar, w...