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Rs 10.9 lakh crore burden: Iran shock can take a load off India's back
Rising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast-tracking plans for ethanol adoption and commercial vehicle electrification to reduce dependence on imported crude and support the rupee. With crude imports estimated to cost Rs 10.9 lakh crore in FY26, policymakers are treating energy transition as an economic and strategic priority rather than only an environmental goal.
GAIL (India) Ltd down for fifth straight session
GAIL (India) Ltd is quoting at Rs 154.84, down 0.82% on the day as on 13:19 IST on the NSE. The stock tumbled 18.78% in last one year as compared to a 4.95% slide in NIFTY and a 12.19% spurt in the Nifty Energy index.
JSW Energy Ltd up for fifth session
JSW Energy Ltd is quoting at Rs 534.85, up 0.32% on the day as on 12:44 IST on the NSE. The stock is up 5.95% in last one year as compared to a 4.88% drop in NIFTY and a 12.23% drop in the Nifty Energy.
Aegis Logistics Ltd soars 1.82%, up for fifth straight session
Aegis Logistics Ltd is quoting at Rs 713.25, up 1.82% on the day as on 12:44 IST on the NSE. The stock is down 20% in last one year as compared to a 4.88% spurt in NIFTY and a 12.23% spurt in the Nifty Energy.
Hitachi Energy India Ltd spurts 6%, up for five straight sessions
Hitachi Energy India Ltd is quoting at Rs 35360, up 6% on the day as on 12:44 IST on the NSE. The stock is up 113% in last one year as compared to a 4.88% fall in NIFTY and a 12.23% fall in the Nifty Energy.
'Kashi In Rome': PM Modi Receives Painting, Holds Talks With Italian PM Meloni
PM Modi received a warm welcome in Rome from Italian PM Giorgia Meloni as both leaders discussed trade, defence, energy cooperation, and strengthening of India-Italy ties under the IMEC framework.
EUR/USD tests six-week low as markets focus on energy shock confronting Europe
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Union Minister Piyush Goyal calls for industry and govt collaboration
Union Commerce and Industry Minister Piyush Goyal called for deeper collaboration between industry and government to advance ease of doing business, enhance Indias competitiveness and accelerate the countrys journey towards Viksit Bharat. The Minister was speaking at the India Business Reform Summit 2026 in New Delhi. Mr Goyal said that the present global situation and geopolitical uncertainties should be viewed as an opportunity for India to strengthen business processes, undertake faster reforms, build greater resilience and strengthen supply chains. Calling businesses to remain alert and avoid panicking, the Minister said that India had successfully overcome unpredictable challenges such as COVID-19. He emphasised the need for smarter and more efficient business practices, including reducing waste, improving productivity and adopting energy efficiency measures. Mr Goyal informed that around one thousand eight hundred Global Capability Centres (GCCs) are operating in the country. ..
Ruchit Jain of Motilal Oswal suggests Siemens Energy, Ipca Lab shares to buy for the short term - Mint
Ruchit Jain of Motilal Oswal suggests Siemens Energy, Ipca Lab shares to buy for the short termMint
India prepares to send oil tankers through Hormuz for new supply
India is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for the first time since the Iran conflict began. State-run Shipping Corporation of India is ready to restart operations in the Persian Gulf once it receives approval from the Indian Navy and cargo orders from refiners.
Rising bond yields put equities at risk, Adrian Mowat says hold dollar cash
Adrian Mowat, Investor at Hong Kong SAR warned that tighter monetary policy and higher discount rates could pressure earnings and valuations, while emerging markets like India face added stress from currency weakness, higher energy costs and pressure on consumers.
Avalon Technologies Gets Bullish Initiation From Nomura — Check Target Price
Nomura expects trends such as nearshoring, clean energy and battery energy storage systems to create meaningful opportunities for outsourced industrial EMS companies.