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28.03.26 - 01:30
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Steel, auto, chemicals to gain from more LPG flow (Times of India)
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Pankaj Chadha, chairman of engineering exports body EEPC India, said the measure will help steel mills, particularly smaller units, maintain production. “Steel is a key segment of the engineering goods sector, and its shortage could severely impact the production chain. The additional LPG allocation should minimise supply bottlenecks and ensure steady output,” he added....
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27.03.26 - 14:06
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Pain at the pump fuels EV rush in China, driving a timely boost for carmakers (SCMP)
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Rising fuel costs triggered by the Middle East crisis are emerging as an unexpected tailwind for China's electric vehicle (EV) makers, as consumers increasingly pivot towards battery-powered cars to avoid surging petrol bills.
With Brent crude climbing past the psychologically significant US$100-a-barrel mark – and now trading above US$110 – mainland buyers are turning away from petrol vehicles, according to dealers and analysts.
“It's a no-brainer for me now,” said Wang Wenbo, a 25-year-old......
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