BHP’s iron ore production misses estimates on hit from maintenance works

The groups total copper production for the quarter gained 4 per cent to 493.6 kilo tons and the company kept its 2026 output estimates unchanged. BHP Group‘s first-quarter iron ore output came in a little lower than estimates on Tuesday, as planned maintenance, including rebuilding of a piece of equipment at Port Hedland, weighed on… Continue reading BHP’s iron ore production misses estimates on hit from maintenance works

Desco Infratech, KPI Green Hydrogen and Ammonia join hands for hydrogen-natural gas blending

KPI Green Hydrogen and Ammonia will produce green hydrogen and Desco Infratech will provide the expertise in engineering and technology to blend hydrogen with natural gas KP Group company KPI Green Hydrogen and Ammonia, Desco Infratech Ltd, and Naveriya Gas have joined hands to spearhead hydrogen-natural gas blending projects, a statement said on Saturday. Under… Continue reading Desco Infratech, KPI Green Hydrogen and Ammonia join hands for hydrogen-natural gas blending

Crude oil futures ease amid weak spot demand

Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market. Crude oil futures on Monday declined by ₹27 to ₹5,026 per barrel as participants trimmed their positions amid weak demand in the spot market. On the Multi-Commodity Exchange, crude oil for November delivery fell ₹27, or 0.53 per… Continue reading Crude oil futures ease amid weak spot demand

Move over FMCG, auto to take advertising crown

AI-generated representative image Cars and bikes are stealing the spotlight from snacks and shampoos this festive season, with India’s automobile sector set to race past FMCG as the largest advertising category for the first time this quarter, according to ad bookings and data so far. Advertising executives attributed the shift to GST-led discounts, festive demand,… Continue reading Move over FMCG, auto to take advertising crown

GST cut drives up vehicle registration by 100% in Hyd

“Over 90% of the tax revenue collected this festive season has come from car registrations. The revenue this year is up by Rs 92 crore compared to the same period last year,” said C Ramesh, joint transport commissioner (Hyderabad). It’s the city’s automobile dealers who are laughing their way to the bank this festival season.… Continue reading GST cut drives up vehicle registration by 100% in Hyd

Statiq launches paid EV charging membership to boost user engagement

The platform allows users to discover, book, and pay for charging sessions through its app. EV charging platform Statiq has introduced Statiq Miles, a paid membership programme that offers users a flat 10 per cent discount on charging sessions for a monthly subscription fee of ₹149. The pass, available through the Statiq app, is valid… Continue reading Statiq launches paid EV charging membership to boost user engagement

NCLT set aside insolvency plea against ZTE filed by TVS Supply Chain

The NCLT has dismissed an insolvency plea against the Indian unit of telecom gear manufacturer ZTE filed by TVS Supply Chain Solutions after observing a pre-existing dispute between the parties. A Chandigarh-based bench of the National Company Law Tribunal (NCLT), the debt claimed by TVS Supply Chain Solutions was disputed and under reconciliation dating back… Continue reading NCLT set aside insolvency plea against ZTE filed by TVS Supply Chain

Automobile exports rise 26% in Q2 as passenger vehicles, two-wheeler shipments spur

Overall automobile exports saw an increase of 26 per cent to 16,85,761 units in the second quarter as against 13,35,343 units in the year-ago period. Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data… Continue reading Automobile exports rise 26% in Q2 as passenger vehicles, two-wheeler shipments spur

Vehicle registrations soar by 10% in Pune ahead of Dhanteras and Diwali celebrations

RTO vehicle registrations rise nearly 10% ahead of Dhanteras and Diwali compared to last year. Vehicle registrations under the Regional Transport Office (RTO) here during the period leading to Dhanteras and Diwali registered an increase of close to 10 per cent this year, compared to the corresponding pre-festival time last year. In 2024, Dhanteras was… Continue reading Vehicle registrations soar by 10% in Pune ahead of Dhanteras and Diwali celebrations

Canada and China discuss disputes over canola and EVs, says Ottawa

Canadian and Chinese senior officials met in Beijing to discuss bilateral trade disputes, including canola and electric vehicles. Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough. Canadian Foreign Minister Anita Anand met Chinese counterpart Wang Yi in… Continue reading Canada and China discuss disputes over canola and EVs, says Ottawa