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E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt
Ethanol blending shields Indian consumers from volatile global oil prices. This program reduces dependence on imported crude oil significantly. It also strengthens the country's long-term energy security and foreign exchange reserves. The initiative has already saved over one lakh ninety-seven thousand crore rupees. Continued blending promises greater fuel price stability and farmer income.
AWL Agri Business to expand regenerative mustard farming after yields jump 30%
AWL Agri Business will expand its regenerative mustard farming programme after demonstration farms delivered yield improvements of up to 30%, reinforcing its focus on sustainable agriculture while supporting India's long-term edible oil self-reliance ambitions.
NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in Odisha
National Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive thermal power plant in Odisha. The plant will supply electricity for NALCO's aluminium smelter expansion project. Partners will also explore renewable energy sourcing and long-term coal supply. Both government-owned companies will hold equal stakes in the proposed joint venture.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Vinay Rajani of HDFC Sec suggests Gail, Adani Ports shares to buy in near-term - livemint.com
Vinay Rajani of HDFC Sec suggests Gail, Adani Ports shares to buy in near-termlivemint.com
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?
Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Vedanta Aluminium Metal outperformed and gained 2%, drawing bullish calls from brokers including Emkay and Citi, which see strong upside potential driven by global aluminium demand, cost efficiencies, and improving leverage, making it the preferred long-term pick.
Influencer boom masks growing ad fatigue as brands chase clicks over brand-building: Kantar
Indian marketers might be overestimating influencer impact, as a Kantar report reveals Gen Z fatigue with sponsored and AI ads. While creator content's reach is up, its brand connection is weak. Consumers are increasingly wary of AI-generated ads, finding them misleading and irritating. Experts warn that focusing solely on short-term metrics and over-reliance on AI risks alienating audiences and damaging long-term brand equity.
Sensex jumps over 500 points, Nifty tops 24,150 as oil slips below $70/bbl on US-Iran peace talks
Indian stock markets saw a second day of gains, with Sensex and Nifty inching up as oil prices plummeted to $70 a barrel amid US-Iran peace talks. Tech stocks like Infosys led the charge, while broader markets also traded higher. Analysts point to falling crude, strong auto sales, and tapering FII selling as positive near-term drivers, though monsoon progress remains a watch point.
Welspun Corp stock zooms 111% from February low; here's why
The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.
Persistent's Nagarro deal could be a near-term pain for long-term gain
Persistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategically beneficial long-term, the deal, funded by debt, faces short-term pressure due to Nagarro's decelerating growth and a high acquisition price. Persistent must now focus on boosting combined revenue without sacrificing profitability, a key challenge ahead.
Rajesh Palviya of Axis Sec suggests JSW Infrastructure, Ind-Swift Laboratories, Welspun Living shares to buy next week
The Indian stock market will remain closed on June 26 for the Muharram holiday. Benchmark indices extended their winning streak ahead of the holiday, with Nifty 50 closing at 24,056 and Sensex at 77,100.47, boosted by easing crude oil prices and supportive measures for the rupee.
Govt targets solar, hydrogen components to cut import dependence
India is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas include solar inverters, electrodes, catalysts, bipolar plates, and polysilicon. This strategic move aims to strengthen the supply chain for critical components, addressing current import dependencies and fostering long-term cost competitiveness for India's burgeoning renewable energy industry.