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'Fuel scarcity' hits livelihood in Odisha, govt assures people of situation normalisation by Monday
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ET Markets - Industry 55d ago

'Fuel scarcity' hits livelihood in Odisha, govt assures people of situation normalisation by Monday

Odisha faces fuel scarcity, impacting daily wage earners and transport operators. The state government attributes the situation to panic buying and supply chain disruptions. Officials assure normalcy within 48 hours, with oil companies working to restore distribution. Citizens are urged not to panic as sufficient stock is available.

BMETRICSOILTCITVSSCSOil Gas & Consumable FuelsServices
No Vaccine, Cross-Border Spread: WHO Declares Ebola Outbreak In Uganda, Congo A Global Health Emergency
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NDTV Profit 55d ago

No Vaccine, Cross-Border Spread: WHO Declares Ebola Outbreak In Uganda, Congo A Global Health Emergency

The WHO urged countries bordering the DRC to activate emergency-response mechanisms, strengthen surveillance and conduct screening at border crossings and major internal transport routes.

GLOBALMEDANTATCIConsumer ServicesHealthcare
Bike Taxi Crackdown: Maharashtra Asks Apple And Google To Remove Uber, Ola, Rapido Apps
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NDTV Profit 56d ago

Bike Taxi Crackdown: Maharashtra Asks Apple And Google To Remove Uber, Ola, Rapido Apps

Maharashtra Transport Minister has asked the Cyber Department to act against bike taxi platforms operating in the state.

TCIServices
Ola, Uber, Rapido Services Shut In Maharashtra? Government Reacts To Viral Social Media Claims
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NDTV Profit 56d ago

Ola, Uber, Rapido Services Shut In Maharashtra? Government Reacts To Viral Social Media Claims

The Transport Commissioner has also sent a letter to the Cyber Crime department.

CMRSLCYBERMEDIAHTMEDIATCIMedia Entertainment & PublicationServices
File FIRs Against Ola, Uber And Rapido Founders: Maharashtra To Cyber Crime Dept Over Bike Taxi Operations
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NDTV Profit 56d ago

File FIRs Against Ola, Uber And Rapido Founders: Maharashtra To Cyber Crime Dept Over Bike Taxi Operations

he Transport Commissioner asked the deparment to file FIRs against respective company owners

TCIServices
Fuel price hike may push up freight costs by 3%: Transport operators
positive
ET Markets - Industry 57d ago

Fuel price hike may push up freight costs by 3%: Transport operators

Fuel prices have surged in West Bengal, impacting transport costs. Operators anticipate a three percent rise in freight charges. They are urging the government to monitor product prices and prevent traders from increasing them unfairly. State governments are also being asked to consider reducing local taxes to ease the burden on truckers.

TCIServices
These three EV stocks with high returns on capital are worth watching
positive
LiveMint - Markets 57d ago

These three EV stocks with high returns on capital are worth watching

Over the next decade, India could see a rapid electrification of public transport, logistics, and affordable mobility. Rising renewable-energy capacity also improves the long-term economics of EV charging.

AFFORDABLEAKCAPITARE&MCPCAPENERGYGKENERGYIREDAKPELLTGILTBEESSJLOGISTICSWSOLARTCIAutomobile and Auto ComponentsCapital Goods
Petrol Diesel Price Hike: Fuel prices raised by up to Rs 3/litre
neutral
ET Markets - Industry 57d ago

Petrol Diesel Price Hike: Fuel prices raised by up to Rs 3/litre

Petrol Diesel Price Increase: Fuel prices have risen nationwide. Petrol and diesel rates saw an increase of up to Rs 3 per litre. In Delhi, petrol now costs Rs 97.77 and diesel Rs 90.67. This adjustment by oil marketing companies reflects global crude oil market volatility. The hike will affect household budgets and transport costs, particularly in major cities.

GLOBALOILTCIConsumer ServicesOil Gas & Consumable Fuels
War clouds over wallets: Iran conflict hits demand, FMCG growth seen at 3%
negative
ET Markets - Industry 58d ago

War clouds over wallets: Iran conflict hits demand, FMCG growth seen at 3%

India's fast-moving consumer goods sector faces a growth downgrade. The Gulf conflict is increasing costs for packaging and transport. This could force companies to raise prices, impacting consumer spending, especially in villages. Rural demand may slow down again. Companies are already increasing prices or reducing pack sizes. This situation threatens recent recovery in the sector.

CONSUMERTCIFinancial ServicesServices
Work From Home, Reduce Travel, Use Public Transport: RPG Group To Employees Amid PM Modi's Appeal
positive
NDTV Profit 58d ago

Work From Home, Reduce Travel, Use Public Transport: RPG Group To Employees Amid PM Modi's Appeal

Goenka added that it was important for RPG Group to "demonstrate leadership" by wholeheartedly embracing measures that support the national agenda and set the right example for employees.

TCIServices
Auto Sector Hits Top Gear: PV Sales Surge 25% on Utility Vehicles Boom, Exports Race Ahead
positive
NDTV Profit 58d ago

Auto Sector Hits Top Gear: PV Sales Surge 25% on Utility Vehicles Boom, Exports Race Ahead

Three-wheelers also recorded their highest-ever April sales, rising 32.8% to 65,668 units, aided by a sharp increase in goods carriers and passenger transport vehicles.

AMBAAUTORACETCITMPVAutomobile and Auto ComponentsServices
'Nobody will fly': India's plane versus train battle gets a twist
neutral
ET Markets - Industry 60d ago

'Nobody will fly': India's plane versus train battle gets a twist

India's Railway Minister warns airlines that upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring global trends. This strategic shift prioritises high-speed rail for premium intercity travel, potentially reshaping India's transport landscape and economic integration by compressing travel times and fostering regional growth.

GLOBALPREMIUMTCIAutomobile and Auto ComponentsConsumer Services