ED can restart Bhushan Power and Steel probe, attach assets: legal experts
The recent Supreme Court order on the Bhushan Power and Steel (BPSL) has made it legally tenable for the Enforcement Directorate (ED) to re-attach the company’s assets and continue its probe, legal experts told FE. 

Steel Ministry likely to crackdown on substandard imports; 15-day relaxation granted to clear old stock
Increased scrutiny by the Steel Ministry uncovered how several smaller importers falsified paperwork while applying for “new grades” to evade import restrictions and mandatory quality checks.

Titan, Kalyan Jewellers report strong Q1 sales growth
The country’s top two organised jewellery retail firms — Titan and Kalyan Jewellers — reported double-digit sales growth in the June quarter (Q1FY26), their latest business updates said. While Titan reported a 20% year-on-year growth in its consumer business in Q1, Kalyan Jewellers reported a 31% year-on-year increase in consolidated revenue for the quarter.

Gold prices soar over Rs 1,100 this week amid US tariff deal uncertainties
New Delhi:- Gold prices surged Rs 1,135 and silver prices soared over Rs 2,000 this week amid uncertainties around the US tariff deal deadline (July 9) and a decline in the US dollar index.

OMCs likely to report strong Q1 on improved marketing margins
State-owned oil marketing companies (OMCs) are expected to report a strong beginning to the financial year 2025-26 driven by robust marketing margins in the first quarter of FY26, as per analysts.

Castrol India appoints Mrinalini Srinivasan as CFO
Castrol India has announced the appointment of Mrinalini Srinivasan as its new Chief Financial Officer, effective 28 July 2025. She succeeds Deepesh Baxi, who moved on from the role in March 2025 to pursue other opportunities.

Gas, EVs to get fresh support from govt

PNGRB has reduced the number of pipeline tariff zones from three to two. The rationale behind the move is to make natural gas more accessible and affordable for areas which are far from the gas sources.

Delhi Government hopes Centre’s panel will discuss on no fuel to overage vehicles
 

Analysts decode impact of PNGRB tariff regulation changes on IGL, MGL
 

Fueling Change: How CNG is transforming India's passenger car landscape
Amid uncertainty over the ban on diesel vehicles older than 10 years and petrol cars older than 15 years in Delhi, compressed natural gas (CNG) is quietly transforming the country’s automotive sector. After surpassing diesel cars for the first time in 2024–25 (FY25), CNG continues to gain ground in the passenger vehicle segment in 2025–26 as well. In June 2025, the share of gas in new passenger car sales stood at 21 per cent, up from 18.2 per cent in June 2024.

Oil prices drop over 1% after OPEC+ surprises markets with bigger-than-expected August output hike
Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, raising concerns about oversupply. Brent crude futures fell 80 cents, or 1.2%, to $67.50 a barrel by 0010 GMT, while US West Texas Intermediate crude was at $65.68, down $1.32, or 2%.

Post-mining landscapes offer diverse opportunities for ecological, social and economic revitalisation
 

CM Rekha announces rollout of rooftop solar installation scheme

The move, aligned with the Ministry of New and Renewable Energy’s guidelines and facilitated by the Delhi Electricity Regulatory Commission (DERC), aims to reduce electricity bills of residents while accelerating the city’s shift towards renewable energy.

Gautam Solar expands US market presence
 

Siemens Energy India posts Rs 246 crore net profit in Q2 FY26
 

Borosil Renewables gains 4.3% after German subsidiary files for insolvency
 

IndianOil preparing new strategy for N-power, not interested in Nayara stake: Chairman Sahney
Indian Oil Corp. Ltd is preparing a new strategy to build small modular reactors (SMR) and large nuclear power plants in the country, chairman Arvinder Singh Sahney said.