8Indian refineries have emerged as a major hub for getting Russian oil to the market as refined products and are using ship-to-ship transfers to hide the origin to skirt US import curbs, a report said on Wednesday.

8HDFC NSE -1.22 % Securities has buy call on NSE 0.57 % with a target price of Rs 220.

8Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?

8Fertilizer Additives Market Analysis and Review by Type (Anti-caking Agents, Dust Suppressors, Drying Agents, Granulation Agents and Others), Application (N(Nitrogen), P2O5, K2O, Others) & Region - Forecast 2022 - 2028 NEWARK, Del., June 1, 2022 /PRNewswire/ -- Demand for fertilizer additives is forecast to increase at a moderate 4.4% annually to US$ 1,445.8 Mn in 2028.

8Fertilisers shares closed lower in the Wednesday's session. ZUARIAGRO(up 7.55%), NSE 6.65 % & Fertilizers(up 6.65%), NSE 4.70 % & Petrochemicals(up 4.70%), Southern Petrochemicals Industries(up 4.11%), Madras Fertlizers(up 3.65%), Fertilizers & Chemicals Tranvancore(up 3.01%), G S F C(up 2.31%), NSE 2.04 % Fertilizers (up 2.04%), Coromandel International(up 1.83%) and Aries Agro(up 1.05%) stood among the top gainers.

8Jindal Steel plans to kickstart its coal blocks in the next 12-15 months
8So RFQs for equipment and services are still expected going ahead

8What makes PTC standard apart from other companies?
8Here is a full analysis

8The Jindals are aggrieved by the refusal by SRLDC to revise downwards the approved Short-Term Open Access (STOA) schedule in accordance with notified declared availability
8But then the group was trying to sell power elsewhere at higher costs
8Clearly, this was in breach of contract

8In stroke fixed charges have been settled for as many as 33 different transmission assets

8Distributed grids would require a lot of state government support

8Nabha Power Ltd depends on the sheer strength of its mother company
8But otherwise it is on a weak footing

8India’s aim to achieve 500GW renewable energy by 2030 faces several obstacles with global challenges, such as the Russia-Ukraine war, adding to the worries, says Satheesh Kumar, chairman of Enzen Global Solutions Pvt Ltd, an energy and water management solution provider.

8India has the world’s fourth-largest coal reserve. It is the second-biggest producer of fossil fuel behind China and is home to the world’s biggest coal miner, Coal India, which accounts for 80% of the country’s domestic output.

8Record green energy output reduced Indian dependence on coal in May, despite 23.5 per cent growth in power demand, contributing to a rise in utilities' coal inventories, a Reuters analysis of government data showed.

8Construction of Nuclear Power Corp of India Ltd’s (NPCIL) Kakrapar plant’s fourth unit, scheduled to start commercial generation this year, has not been completed and is running more than a year late, a government memo showed.

8The All India Power Engineers Federation (AIPF) wrote to Union Power Minister RK Singh on Tuesday seeking scrapping of the amended rules for selection of Bhakra Beas Management Board (BBMB) members and the process for appointment of member (Irrigation) and member (Power) be expedited.

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8Deepak Fertilisers And Petrochemicals Corporation Ltd’s top line for the year grew by 32% and crossed a milestone of USD 1 billion

8This is the 45th such vocational training centre of CIPET across the country, aimed at providing quality training and creating a competent workforce for the Chemicals and Petrochemicals Industry

8Arun Plus is soon expected to partner up with GPSC to establish a joint venture to support the battery business value chain

8What is said to be the world’s first urban bike made of recycled plastic is being introduced by a German-based manufacturer of motion plastics

8Wash plants for polyolefins that can produce high-quality, food-grade recyclates can be custom configured by this American company, which draws from a vast assortment of proven plastics recycling equipment

The following topics will be covered in a series of 3-webinars:
8Understanding Letter of Credit
8Understanding FEMA and Regulatory guidelines for Exports
8Export Finance Guidelines and Facilities

8A webinar is being organised on the Bluesign system for chemical suppliers in association with Bluesign Technologies on 13th June at 2 PM

8He is selling 28.2 lakh equity shares aggregating to Rs 181 crores