Two months after writing to the government seeking support for Vodafone Idea, Kumar Mangalam Birla has resigned from his post...

Jindal Steel and Power Ltd (JSPL) on Thursday said its steel output rose by 8 percent to 6.5 lakh tonne (LT) during July 2021. The company had produced 6.03 LT steel in same month of 2020, JSPL said in a statement. During the said month, the company's sales also registered a growth of 5 percent to 6.7 LT as compared to 6.4 LT sales in July last year. Exports accounted for more than 40 percent of the total sales volumes due to high spot demand from international markets, the company said.

Indian Energy Exchange (IEX) has recorded power trade growth of 37 percent at 7,322 million units (MU) in July compared same month year ago. The electricity market at the Indian Energy Exchange traded 7,322 MU volume and achieved 37 percent YoY (year-on-year) growth in July 2021, an IEX statement said.

Petrol prices have not changed for 19 days in a row now. MK Surana threw some light on the issue at hand. “There has been too many up down in the last few days and the average of 15 days rolling prices -- the crude price is one part of it but the product cracks also has gotten impacted by the exchange rate also, so that domestic prices gets guided by the international product prices and not only from crude prices,” he said.