Fuel prices were hiked for the second day in a row on Saturday, taking a heavy toll on many across the country. While petrol got costlier by 27 paise per litre in the national capital, diesel rates went up by 23 paise per litre, according to price notification by the oil retailers. After the latest […]
Category: Live Mint
Live Mint
EY and FICCI identify 600 low carbon project investment shelf
NEW DELHI : In what may help towards India’ clean energy efforts, consulting firm EY and lobby group lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) have identified low carbon investment opportunities requiring an equity investment of around Rs2 trillion. “EY – FICCI identifies over 600 ‘shovel-ready’ low carbon investment opportunities,” EY […]
Adani shares fall on report NSDL froze foreign funds’ accounts
BENGALURU : Shares of Adani group companies fell between 5% and 18% on Monday, after the Economic Times reported the National Securities Depository Ltd (NSDL) had frozen the accounts of three foreign funds, which have a total investment of 435 billion rupees in Adani group companies. Adani Enterprises and Nifty 50-listed Adani Ports and Special […]
GAIL, BHEL to Power Grid — Experts recommend ‘buy’ on these 5 PSU shares
Stocks to buy: Amid slowed down market momentum, there is no indication of any profit-booking or reversal emerging from the highs. According to stock market experts, Indian indices are at record high but some quality stocks are still available at discounted price and these stocks may showcase sharp rally after a single trigger. They said […]
EESL to play a bigger role as govt modifies Fame scheme
The Union government has modified its ambitious scheme to promote electric mobility by allotting the electric three-wheelers and buses component of the marquee Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (Fame) scheme to state-run Energy Efficiency Services Ltd (EESL). As reported by Mint on Friday, the scheme has failed to take off, with […]
Electricity bill won’t be waived off in Maharashtra: Minister
There will be no waiver on electricity bills for people in Maharashtra, clarified State Energy Minister Nitin Raut on Friday, asserting that the bills have to be paid. Speaking to reporters here Raut said, “Electricity bill will not be waived off in Maharashtra, it will have to be paid. It is the work of Central […]
Flipkart to pilot drone delivery of vaccines in Telangana
BENGALURU : E-commerce firm Flipkart on Friday said it has partnered with the Telangana government to lead a consortium tasked with the development and execution of drone deliveries of medical supplies to remote areas under the ‘Medicines from the Sky’ project. Flipkart said it will utilize learnings from its tech-enabled supply chain to deploy drones […]
‘Medicines from the Sky’: Flipkart to start drone delivery pilot for vaccines, drugs
New Delhi: E-commerce major Flipkart on Friday said it has partnered with Telangana government to lead a consortium tasked with the development and execution of the drone deliveries of medical supplies to remote areas under the ‘Medicines from the Sky’ project. As part of the consortium, Walmart-owned Flipkart will deploy drones and enable deliveries of […]
Coal India may announce 20-25% additional dividend on 14 June
World’s largest miner Coal India Ltd is expected to reward its shareholders with an additional final dividend of 20-25 per cent in its board meeting on June 14 that will declare fourth-quarter financial results, sources said. The miner though failed to achieve targeted production and offtake targets for FY21 but it has surpassed the revised […]
Oil holds near $71 as traders assess rising demand, Iran talks
Oil traded near $71 a barrel as the roll-out of coronavirus vaccines underpins an improved demand outlook in the U.S. and Europe. West Texas Intermediate was little changed in early Asian trading after adding 1.9% last week to hit the highest level since October 2018. Americans are becoming increasingly comfortable meeting friends, going to workplaces, […]
Petrol, diesel prices today touch new highs. Check latest rates in Delhi, Mumbai, other cities
Petrol and diesel prices were hiked again on Monday by up to 29 to 31 paise, according to price notification by the oil retailers, taking fuel prices to fresh record high levels. After the latest increase, a litre of petrol in Delhi is retailing at ₹96.4, whereas diesel costs ₹87.28. In Mumbai, petrol is being […]
Diesel crosses ₹100 per litre price mark after petrol
NEW DELHI: In a first, diesel prices have followed petrol prices in breaching the ₹100 mark. Diesel was retailing at ₹100.05 a litre in Ganganagar in Rajasthan, after the state-run oil marketing companies (OMCs) raised the transportation fuel prices on Saturday. In comparison, petrol was selling at ₹107.22 per litre at Ganganagar. With state run […]