India’s wholesale price-based inflation rose in September after two months of easing, driven by an increase in cost of fuel. Wholesale inflation in September, measured by the Wholesale Price Index, rose 5.13 percent compared with the same month last year
It was buried in plain sight, in footnote No. 8 on page 28 of an IPO prospectus. But nobody in September 2009 was paying attention to that particular disclosure. And certainly not with any misgivings: Six months later, IL&FS Transportation Networks Ltd
Jindal Steel & Power Ltd. said it will again hike steel prices by Rs 2,000 a tonne in the coming few weeks to offset rising input costs. “The steel plants have been doing okay, but not so well that they can absorb prices
OPEC again sought to reassure markets after one of its biggest customers complained about the pain of high prices.
BP Plc boss Bob Dudley, among the first to say oil will stay lower for longer, is becoming more confident.
The world’s electrical utilities need to reduce coal consumption by at least 60 percent over the two decades through 2030 to avoid the worst effects of climate change that could occur with more than 1.5 degrees Celsius
If oil prices head above $100 a barrel, it could shave 0.2 percentage points from global economic growth next year — but this hinges crucially on the dollar, according to Bank of America Merrill Lynch.
Rising oil prices may hurt demand in some of the world’s fastest-growing nations unless producers take steps to boost supplies, according to the International Energy Agency.
Coal India Ltd.’s offtake in September grew at the slowest pace in nearly two years due to a high base and monsoon season.
Dispatches of the world’s largest miner of the fossil fuel rose less than a percent last month to 43.9
India is endowed with tremendous potential to produce solar energy. Given the rising energy needs, as a nation responsible towards climate change concerns, India has set a target to achieve 100 GW power capacity through grid-