Billionaire entrepreneur Tesla Chief Elon Musk is likely to visit India next week to meet Prime Minister Narendra Modi. “Looking forward to meeting with Prime Minister Narendra Modi in India”, Musk posted on X. Musk will meet Modi in the week of April 22 in New Delhi, and will separately announce his investment plans in India. Musk is likely to announce[Read More…]

The Organization of Petroleum Exporting Countries (OPEC’s) crude oil production remained steady, even as some of their members stalled on delivering agreed cutbacks. OPECs delivered 26.86 million barrels of crude a day in March, which is hardly any change from the previous month, according to the survey conducted by Bloomberg.  OPEC has entered into the new accord which is aimed[Read More…]

India’s Gross Goods and Services Tax (GST) revenue for March 2024 witnessed the second-highest collection ever at Rs 1.78 lakh crore. With an 11.5 per cent year-on-year growth. This surge is driven by a significant rise in GST collection from domestic transactions at 17.6 per cent. GST revenue net of refunds for March 2024 is Rs 1.65 lakh crore which[Read More…]

Price-sensitive liquefied natural gas buyers from China, India, and parts of Southeast Asia are snapping up more spot shipments of the fuel to power industries and generate electricity after prices have fallen to the lowest level in nearly three years. The price-led demand revival could push LNG imports by the world’s top buyer China beyond its record volume of 78.8[Read More…]