India's plan to produce ethanol from 2G sources delayed

India’s plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday......

ONGC, IOC, others to spend Rs 1.11 lakh cr capex in FY23

State-owned oil firms such as ONGC and IOC will invest over Rs 1.11 lakh crore in the next fiscal year starting April as they supplement the government's massive spending programme to spur economic......

India Inc's profits fall off record high in April-June quarter

Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Illustration: Dominic Xavier/Rediff.com Overall corporate earnings in the quarter were......

RBI directs oil cos to buy dollars from a PSU bank

With rupee depreciating sharply against the US dollar, the Reserve Bank on Tuesday ordered state-owned oil companies to purchase their dollar requirement from a single public sector bank so as to......