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Bengaluru Fuel Costs Stay High Amid Global Oil Risks

Bengaluru Fuel Costs Stay High Amid Global Oil Risks

Bengaluru's high fuel costs, stable in late May, continue to strain household budgets and the economy. Global oil risks and taxation keep rates elevated, impacting transport, businesses, and inflation, urging diversified urban mobility solutions.
Why electricity prices on India’s power exchanges are crashing by day and spiking at night

Why electricity prices on India’s power exchanges are crashing by day and spiking at night

India's electricity spot prices crash to near-zero by day due to 154.23 GW solar surge, then spike to Rs 10/unit at night amid high demand and storage deficit, causing up to 5.4 GW shortfalls.
Andhra Pradesh to add 3,000 electric buses with new EV charging station in Gajuwaka

Andhra Pradesh to add 3,000 electric buses with new EV charging station in Gajuwaka

Andhra Pradesh inaugurated an EV charging station in Gajuwaka, announcing plans to add 3,000 buses to APSRTC in 1.5 years. This includes 750 PM-eBus, 500 CNG, 300 Tirumala, and 1,450 EV buses, aiming for clean transport and profitability.
Tata, Mahindra, Watch Out For 10 Chinese Electrified Cars That Will Be Launched Soon

Tata, Mahindra, Watch Out For 10 Chinese Electrified Cars That Will Be Launched Soon

Ten new Chinese electrified cars, including EVs and PHEVs, are set to launch in India soon, challenging local players. Prices range from Rs 11 lakh to Rs 60 lakh, offering diverse options with ranges up to 1,100 km.
Adani Power ramps up to meet record power demand

Adani Power ramps up to meet record power demand

Adani Power ramped up operations, achieving 77% PLF and 96% availability, contributing 17 GW to India's 272 GW peak demand. The company is investing $22 billion to expand capacity to 42 GW by 2031-32, ensuring grid stability during heatwaves.
Zelio E-Mobility net profit rises 75.4% in FY26

Zelio E-Mobility net profit rises 75.4% in FY26

Zelio E-Mobility's FY26 net profit surged 75.4% to ?28.39 crore, with revenue up 81.8% to ?313.68 crore, driven by expanding demand and network. The company plans further expansion, targeting 550+ dealerships by FY27.
Sri Lanka revises retail fuel prices amid West Asia conflict

Sri Lanka revises retail fuel prices amid West Asia conflict

Sri Lanka hiked fuel prices for the fifth time due to West Asia conflict. Petrol rose 5.85% to LKR 434/litre, diesel 3.83% to LKR 407/litre, and kerosene LKR 20 to LKR 285/litre. LKR also depreciated over 5% this year.
How West Asia crisis rattles India’s auto industry as freight costs surge and EV demand shifts

How West Asia crisis rattles India’s auto industry as freight costs surge and EV demand shifts

West Asia crisis impacts India's auto industry: freight costs surge 20-50%, causing 3.5-4% inflation and export disruptions. Despite challenges, demand remains resilient, with EV bookings jumping 25-30% at Tata Motors.
Sri Lanka raise fuel prices after IMF loan instalment

Sri Lanka raise fuel prices after IMF loan instalment

Sri Lanka raised fuel prices by up to 6% (petrol to 434, diesel to 407 rupees) after a $695M IMF loan instalment. This aligns with IMF plans to phase out subsidies and stabilize the economy, which saw prices rise 48% since February.
Electric Cars Account For 7% In Total Passenger Vehicle Sales In May 2026

Electric Cars Account For 7% In Total Passenger Vehicle Sales In May 2026

Electric car sales in India reached 7% of total passenger vehicles in May 2026 (21,953 units out of 317,354), driven by rising fuel prices and better infrastructure. Electric two-wheelers also hit 8.9% share.

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