Market News
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Russia's diesel export ban deepens global supply crunch
Russia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove prices higher worldwide. European gasoil futures reached record highs against Brent crude oil. The United States also saw diesel futures jump substantially on Wednesday. These events highlight the interconnectedness of global oil supply chains.
IREDA declares Gensol Engineering, Gensol EV Lease accounts as fraud; reports to RBI
Shares of Indian Renewable Energy Development Agency Ltd ended at ₹126.40, up by ₹4.65, or 3.82%, on the BSE.
Adani Green's Q1 energy sales surge 30% on higher renewable capacity
Adani Green Energy's operational renewable capacity rose 27% year-on-year to 20,142 MW, while electricity generation climbed 30%, driven by new projects and the continued expansion of its Khavda renewable energy park.
Exide's Bengaluru lithium-ion cell plant to generate revenue from Q3: CEO
Exide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested significantly and will invest more to complete the first phase of this project. Initially, the plant will supply domestically manufactured battery cells for electric vehicles and energy storage. Commercial supplies for stationary lithium battery applications are also targeted from the third quarter.
Benchmark indices snap weekly winning streak as oil jitters weigh on mkts
Sensex and Nifty ended the week with marginal losses, snapping a four-week winning streak despite Friday's sharp rebound led by Reliance Industries and IT stocks
Powerica wins 50 MW wind power project from Gujarat Urja Vikas at ₹3.51/unit tariff
Shares of Powerica Ltd ended at ₹565.80, down by ₹3.45, or 0.61%, on the BSE.
JSW Energy bags ₹444 crore battery storage order from Bondada Renewable
The order from Bondada Renewable covers 200 MW/400 MWh of battery energy storage systems and power conversion solutions, strengthening JSW Energy's push into the fast-growing energy storage market.
Pace Digitek arm inks BESS supply agreement
Pace Digitek announced that its material subsidiary, Lineage Power, has entered into a memorandum of understanding (MoU) with Bondada Renewable Energy for the supply of Battery Energy Storage Systems (BESS).
Reliance Industries, Jio Financial announce Q1 earnings dates. Check details
Reliance Industries and Jio Financial Services will report their June-quarter earnings next week. Reliance Industries' board meets Friday, July 17, 2026, for financial results. Jio Financial Services will announce its first-quarter results on Thursday, July 16, 2026. Investors will monitor updates on key businesses and financial services plans. These announcements come as the broader market enters the results season.
India's non-fossil fuel-based energy capacity rises 22% to 297.36 GW in June
India's non-fossil fuel energy capacity reached 297.36 GW in June. This represents a significant year-on-year increase of over twenty-two percent. Solar energy capacity grew substantially to 162.15 GW from 116.25 GW. Wind energy also saw an increase, contributing to the overall clean energy expansion. The nation continues its accelerated progress towards ambitious clean energy goals.
Reliance Infra arm cuts debt by ₹1,100 crore as NARCL settles Mumbai Metro dues
Reliance Infrastructure's Mumbai Metro arm has signed a debt restructuring deal with NARCL, reducing its debt by over ₹1,100 crore and ending insolvency proceedings.
Advait Energy Transitions Share Price Rises On Order Win
Advait Energy Transitions share price