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Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis
Ukrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This unprecedented crisis, impacting ordinary citizens and businesses, has led to rationing in many regions. President Putin acknowledged the issues, calling them temporary, but motorists report a stark contrast between official statements and reality. The attacks are disrupting Russia's energy production and impacting its economy.
Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone
Adani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development. This significant feat, accomplished within a decade, generates enough clean electricity annually to power nearly 3% of India's needs. The company's expanding portfolio, including solar, wind, and battery storage, underscores its pivotal role in accelerating the nation's clean energy transition and bolstering energy security.
Adani Green commissions 150 MW renewable energy project and 185 MWh BESS project
Adani Green Energy through its various stepdown subsidiaries, has commercially operationalized:
BlackRock sees India gaining as global investors rotate from Korea and Taiwan
Ben Powell, Chief APAC & Middle East Investment Strategist at BlackRock Investment Institute, said lower energy prices and improving geopolitical conditions have strengthened India's investment outlook. While BlackRock remains overweight on AI, it has turned neutral on emerging markets and plans to become more selective on valuations, with India positioned to attract fresh foreign inflows.
Adani Green Energy Crosses 20 GW Operational Capacity, First Renewable Firm in India to Hit Milestone
Company says the capacity generates over 52 billion units of electricity annually and accounts for nearly 3% of India's electricity consumption.
Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil prices
Nayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. This move follows easing West Asian tensions and stabilizing global oil prices. While Nayara reverses its March price hike, state-owned retailers like IOC, BPCL, and HPCL have kept their prices unchanged. This development signals potential relief for consumers as international markets stabilize.
ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia project
A significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 billion in Japanese government price support. This funding is earmarked for two key clean energy initiatives, including one of India's largest green ammonia projects in Odisha. This development marks a crucial step towards decarbonising vital industrial sectors.
ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia project
A significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 billion in Japanese government price support. This funding is earmarked for two key clean energy initiatives, including one of India's largest green ammonia projects in Odisha. This development marks a crucial step towards decarbonising vital industrial sectors.
OMCs eye expanding LPG buffer to 30 days from national average of 18
India is boosting its LPG reserves to a 30-day supply, a strategic move prompted by the Iran war highlighting supply route vulnerabilities. Bharat Petroleum plans a significant investment to nearly double its storage capacity. This initiative aims to enhance energy security by diversifying import sources and exploring various storage solutions, including onshore, underground, and floating options.
Buy, Sell Or Hold: IDFC First Bank, JSW Energy, Wockhardt, Paras Defence And Titagarh Rail — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Market Trading Guide: Ather Energy among 4 stocks to buy on Wednesday - The Economic Times
Market Trading Guide: Ather Energy among 4 stocks to buy on WednesdayThe Economic Times
Market Trading Guide: Ather Energy among 4 stocks to buy on Wednesday
Nifty ended 80 points lower on monthly expiry, forming a bearish candle, but analysts maintained a positive outlook above the 21-DMA. They recommended ITC Hotels, Aptus Value Housing, Ather Energy and Solar Industries, citing bullish technical setups and breakout patterns.