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China-like grid planning needed to meet renewable energy goal: MNRE secretary
India aims for 1,800 gigawatts of renewable energy by 2050. Achieving this requires a super grid, similar to China's. The government plans to spend $574 billion by 2030 on high-voltage lines. Enhanced grid infrastructure will address power evacuation challenges. Policymakers are working with states to ensure necessary equipment and storage systems are in place for better renewable energy integration.
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs
Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.
Market Trading Guide: Buy Tata Consumer and Welspun Corp on Tuesday for gains up to 14%
Nifty extended losses for a third straight session amid heavy selling in banking, auto and energy stocks. Analysts warned of a bearish trend after technical breakdowns below key moving averages, while recommending Tata Consumer and Welspun Corp as bullish positional trading opportunities
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: Centre
India is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy security and ample reserves. This collective effort aims to ease the nation's financial burden from high international crude prices. Prime Minister Modi urges public participation to reduce consumption and protect foreign exchange reserves.
Shyam Metalics Q4 PAT jumps 46% YoY to Rs 319 cr
Shyam Metalics and Energy reported a 45.87% year-on-year (YoY) increase in consolidated net profit to Rs 319.09 crore in Q4 FY26, compared with Rs 218.75 crore in Q4 FY25.
Shyam Metalics & Energy consolidated net profit rises 45.87% in the March 2026 quarter
Sales rise 26.60% to Rs 5240.36 crore
Board of Shyam Metalics & Energy approves capex of Rs 2,700 cr
At meeting held on 11 May 2026
Shyam Metalics Q4 Results: Profit rises 46%; board clears ₹2,700 crore capex
Shyam Metalics and Energy reported strong Q4 earnings growth with higher margins and announced a ₹2,700 crore expansion plan aimed at boosting speciality steel and stainless steel capacities.
CIL's April coal auction quantity drops 6% vs March to 30.5 MT
Coal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are high due to West Asia tensions. Power plants are increasing coal use for energy security. Coal India is also allowing buyers from Bangladesh, Bhutan, and Nepal to participate directly in auctions from January 1, 2026.
Q4 Results Live Updates: UPL Announces Dividend; Shyam Metalics Profit Up 61%
UPL, JSW Energy and Canara Bank among companies to report Q4 earnings today.
China’s factory inflation surges to a near 4-year high; domestic demand remains tepid
China factory prices rise 2.8% in April, fastest since July 2022, ending deflation as Iran war disrupts energy, but weak demand and labour market limit firms pricing power
NTPC to submit first nuclear project feasibility study
Power giant NTPC is set to submit its first nuclear project feasibility study to the Department of Atomic Energy. This move aims to secure approval for standalone nuclear projects. NTPC plans to achieve 2 GW of nuclear capacity by 2032. The company is also exploring sites in Bihar and other states for its ambitious nuclear expansion plans.