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Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov
Russian Foreign Minister Sergey Lavrov has assured India that energy supply agreements will be completed. He stated that relations between Russia and India are based on deep friendship. Lavrov praised Prime Minister Narendra Modi as an energetic leader. He pledged that unfair competition will not harm their energy deals.
Top Gainers & Losers on May 13: SAIL, Dixon Tech, Vodafone Idea, HPCL, Berger Paints, Ather Energy among top gainers - Mint
Top Gainers & Losers on May 13: SAIL, Dixon Tech, Vodafone Idea, HPCL, Berger Paints, Ather Energy among top gainersMint
Infra stock jumps after securing ₹375 Cr order for Dual Battery Energy Storage By Trade Brains - Investing.com India
Infra stock jumps after securing ₹375 Cr order for Dual Battery Energy Storage By Trade BrainsInvesting.com India
GK Energy consolidated net profit rises 32.17% in the March 2026 quarter
Sales rise 35.24% to Rs 476.76 crore
Rupee slips to its lowest-ever intraday level of 95.80 against the US dollar
The Indian rupee hit a record low of 95.71 against the US dollar due to high energy prices and overseas debt repayments. Despite tariff hikes on precious metals, economists warn of sustained pressure on the currency amid rising inflation and geopolitical tensions.
Adani Group is jumping into Europe's deep waters. What can happen
Adani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Through a new partnership with Oceaneering International and its Astro Offshore arm, the company aims to become a global maritime infrastructure and offshore-services platform, focusing on deepwater engineering and underwater infrastructure for energy projects.
Work-From-Home Revival Can Dent Urban Tyre Demand, Restructure Rubber Industry: Airia Chief
Energy uncertainty also feeds into rawmaterial strategy. Natural rubber prices remain elevated amid global supply disruptions, while synthetic rubber stays exposed to crude price volatility.
Global oil supply to plunge below demand this year on Iran war, IEA says
Global oil supply is set to fall short of demand this year, with the Iran war severely impacting Middle East production. The International Energy Agency reports significant supply losses and a projected deficit of 1.78 million barrels per day by 2026. Demand is also expected to decline due to price spikes and economic slowdown caused by the conflict.
Tata Power Company Ltd down for fifth straight session
Tata Power Company Ltd is quoting at Rs 410.5, down 1.89% on the day as on 13:19 IST on the NSE. The stock jumped 3.41% in last one year as compared to a 4.71% slide in NIFTY and a 13.91% spurt in the Nifty Energy index.
Oil India Ltd up for five straight sessions
Oil India Ltd is quoting at Rs 506.7, up 3.21% on the day as on 12:44 IST on the NSE. The stock is up 20.97% in last one year as compared to a 4.92% fall in NIFTY and a 13.47% fall in the Nifty Energy.
Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra
India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil companies are struggling to maintain current prices.
Schaeffler India opens computational research infrastructure at FSID, IISC
Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India's purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High- Performance Computing) large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems, and sustainable mobility. Additionally, these improvements will foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.