Asian stocks were in retreat on Wednesday with investor mood low in the wake of lacklustre earnings from US tech behemoths Tesla and Alphabet. China’s continuing economic struggles and the absence of a clear escape plan from Beijing, along with the looming...
The market for rough diamonds for jewellery is suffering one of its worst downturns as consumers switch to factory-made stones because of the plunge in prices. But now, the direction of the $83.5bn market may be set to turn with...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.How to traverse the energy transition is the multibillion-dollar question that all of Europe’s oil majors have been grappling with for years....
The government in the Budget presented on Tuesday retained nearly 14 per cent rise in capital investment of Rs 67,286.01 crore proposed in the interim document by eight state-owned power companies for this fiscal. The government had provided for Rs...
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented on Tuesday....
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Woodside Energy, the Australian company looking to transform itself into a global liquefied natural gas powerhouse, aims to build a “dream team”...
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HousePresident Joe Biden’s decision not to seek re-election moved oil prices and the US dollar on Monday. For some...
Coal is expected to continue to be the backbone of the Indian energy system for the next two decades and the phase-down of the dry fuel will be heavily dependent on the import of critical minerals required for clean energy...
Founded in Dresden in the early 1990s, Germany’s Solarwatt quickly became an emblem of Europe’s renewable energy ambitions and bold plan to build a solar power industry. Its opening of a new solar panel plant in Dresden in late 2021...
New Delhi: Indian Oil Corp aims to boost natural gas sales threefold and renewable energy capacity to 31 GW by 2030, besides building 5 GWh of lithium-ion battery-making capacity by 2031 as it diversifies its energy offerings.Indian Oil, the country's...
