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Consumer loans hit a record in Q1 amid steep rise in electronic goods prices

Consumer loans hit a record in Q1 amid steep rise in electronic goods prices

Consumer loans hit a record ₹1.19 lakh crore in Q1, fueled by 12-40% electronic price hikes. NBFCs' loans surged 42%, now financing 40% of smartphone sales, with extended tenures to manage costs.
Aluminum Rises Further

Aluminum Rises Further

UK aluminum futures climbed to $3,120 per tonne, extending a rebound from a four-month low. This surge is driven by declining inventories and positive market expectations.
'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt

'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt

The smartphone PLI scheme exceeded targets, doubling production to $71 billion and boosting exports tenfold to $29.4 billion. Domestic value addition quadrupled to 18-19%, making India the second-largest mobile manufacturer and exporter, demonstrating significant industrial policy success.
Near-zero E100 demand puts brakes on OMCs' E85 rollout

Near-zero E100 demand puts brakes on OMCs' E85 rollout

OMCs hesitate on E85 rollout after E100's near-zero demand at 400 pilot outlets. They await flex-fuel vehicle sales, citing thin price difference (E85 ₹82.12 vs petrol ₹102.12) and higher real cost, despite government push.
City gas companies say government's 100k PNG connections-a-day target unviable

City gas companies say government's 100k PNG connections-a-day target unviable

City gas companies deem government's 100k PNG connections-a-day target unviable, citing limited infrastructure, capital reluctance, and weak demand. Current pace is 9k daily; 17M connections exist, but only 11M are active.
European Gas rallies as slower storage refills amplify supply anxieties

European Gas rallies as slower storage refills amplify supply anxieties

European natural gas prices surged due to slower storage refills, amplifying supply anxieties. A looming heatwave is expected to increase power demand, compounded by unexpected infrastructure maintenance in Norway.
Can Vasilikos LNG import project still achieve its original objective?

Can Vasilikos LNG import project still achieve its original objective?

Cyprus's 2019 Vasilikos LNG project aimed to cut electricity prices, lower emissions, boost energy security, and diversify fuel. The article questions if these original objectives can still be met.
Ahmedabad Regional Recipes Find Modern Retail Shelf

Ahmedabad Regional Recipes Find Modern Retail Shelf

Ahmedabad and Jamnagar's traditional recipes, like methi para and chiwda, are now on modern retail shelves. This reflects a trend of regional food innovation, meeting consumer demand for authentic snacks, and creating economic opportunities.
Ahmedabad Rooftop Solar Faces Terrace Ownership Hurdles

Ahmedabad Rooftop Solar Faces Terrace Ownership Hurdles

Ahmedabad's rooftop solar expansion faces significant hurdles due to unresolved terrace ownership issues in housing societies. Legal ambiguities and developer rights are stalling clean energy adoption, impacting thousands of residents and the city's renewable targets.
Ahmedabad Monsoon Exposes Urban Infrastructure Gaps

Ahmedabad Monsoon Exposes Urban Infrastructure Gaps

Ahmedabad's monsoon showers exposed urban infrastructure gaps: road cave-ins, waterlogging, and potholes across the city. This renewed concerns about resilience, prompting calls for sustained investment in climate-resilient infrastructure and improved drainage ahead of peak season.

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