Filling stations being operated by OMCs transforming into ‘experience stations’: Hardeep Singh Puri

Hardeep Singh Puri said a petrol pump is not just a dispensing station, it is not just a retail outlet, but it has become a hub for economic activity. Chandigarh: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday said from merely being ‘petrol pumps’, the filling stations being operated by the country’s… Continue reading Filling stations being operated by OMCs transforming into ‘experience stations’: Hardeep Singh Puri

Rupee trade arrangement to help cut transaction cost: Piyush Goyal

Piyush Goyal, Commerce and Industry Minister. International trade in the domestic currency will help reduce transaction costs for the industry and several countries are in discussion with the RBI on this, Commerce and Industry Minister Piyush Goyal said on Thursday. Last year, the RBI and finance ministry asked the top management of banks and representatives… Continue reading Rupee trade arrangement to help cut transaction cost: Piyush Goyal

Su-Kam Power Systems to set up Sustainable Energy Storage Park in Himachal Pradesh

Su-Kam aims to provide employment to more than 1000 people and support the government’s mission of zero carbon emissions in Himachal Pradesh. New Delhi: Su-Kam Power Systems Limited, a leading power solutions provider, has signed a memorandum of understanding (MoU) with the Himachal Pradesh Government to establish a Sustainable Energy Storage Park in the state.… Continue reading Su-Kam Power Systems to set up Sustainable Energy Storage Park in Himachal Pradesh

Stellantis retains strong pricing power in North America – CEO

The group has said its compensation policy needed to be competitive in the global market for talent. Stellantis is retaining strong pricing power in its North American profit powerhouse, chief executive Carlos Tavares said on Thursday, as investors in the Franco-Italian automaker approved his salary for last year. A gradual resolution in supply chain disruptions… Continue reading Stellantis retains strong pricing power in North America – CEO

Renault India appoints Nabeel A Khan as Director and Head of Public Affairs, Communication, CSR

Updated On Apr 13, 2023 at 05:58 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Renault India has appointed Nabeel A Khan as the Director and Head of Public Affairs, Communication, and CSR. New Delhi: Renault India has appointed Nabeel A Khan as the Director and Head of Public Affairs, Communication,… Continue reading Renault India appoints Nabeel A Khan as Director and Head of Public Affairs, Communication, CSR

Japan’s Mitsubishi Corp looks to invest in nickel, lithium projects

Mitsubishi is also looking into a number of lithium projects. Japanese trading house Mitsubishi Corp is looking to invest in nickel and lithium projects to meet growing demand for electric vehicle (EV) batteries, while boosting its copper output, the head of its metal operations said on Thursday. The move comes as global push by automakers… Continue reading Japan’s Mitsubishi Corp looks to invest in nickel, lithium projects

Netherlands looking to phase out all imports of Russian LNG

Dutch Energy Minister Rob Jetten said there was the practical difficulty that some countries cannot diversify their supplies quickly enough to cope with an immediate halt. The Netherlands is aiming to phase out all existing contracts for the import of liquefied natural gas (LNG) from Russia after it banned Russian LNG from new contracts last… Continue reading Netherlands looking to phase out all imports of Russian LNG

Russia boosts Q1 gasoline exports, finds buyers in Africa to replace Europeans

Russia stepped up shipments of the motor fuel to African countries such as Nigeria, Tunisia and Libya after the European Union banned Russian products on Feb. 5. Russia boosted gasoline exports by nearly 50% year-on-year in the first quarter, shipping cargoes directly to Africa as it carved out new trade routes after the European Union… Continue reading Russia boosts Q1 gasoline exports, finds buyers in Africa to replace Europeans

MoD scraps vehicle entry tax in cantonments, PCB to lose INR 13 cr

There are 13 VET collection centres in the PCB limits. Five cantonments out of 19 in the Southern Command limit were collecting VET from commercial vehicles. Pune: The Ministry of Defence (MoD) has issued a notification to abolish the Vehicle Entry Tax (VET) in certain cantonments, including Pune, Ahmednagar, and Aurangabad. The notification was issued… Continue reading MoD scraps vehicle entry tax in cantonments, PCB to lose INR 13 cr

Fossil fuel pledges divide G7 in ‘critical decade’ for climate

But they differ on how to respond to the energy squeeze caused by Russia’s war in Ukraine, with host Japan among those arguing for more leeway on fossil fuels to protect energy security. G7 allies meet this week for climate talks that are likely to urge more action in a “critical decade”, but could also… Continue reading Fossil fuel pledges divide G7 in ‘critical decade’ for climate