The Chairman of the Board of Uzbekneftegaz, Abdulgani Sanginov, held a meeting to analyze the performance results of the company's oil depots for the first half of 2026. Following this meeting, a decision was made to dismiss the director of the oil depot in Gulistan.
According to the company's press service, over the first six months of the current year, the oil depots sold 98,800 tons of petroleum products, which is 29% higher than the figures for the same period last year. Furthermore, eleven out of fourteen of the company's oil depots reported a total net profit of 12.3 billion sums during this period.
During the meeting, the company's management critically assessed the activities of several divisions, pointing to shortcomings in petroleum product sales, inefficiency of gas stations, and management practices. The company stated that the director of the oil depot in Gulistan was dismissed due to declining sales volumes, unprofitable enterprise activity, underutilization of its gas station potential, and failure to fulfill previously set tasks.
Managers of oil depots in Kuchlik and Turakurgan were instructed to provide written explanations regarding the identified deficiencies. The director of the oil depot in Andijan received a warning about the consequences.
Data OLX Autos and Fenauto (Federation of Used Vehicle Dealers) released the results of the Used Vehicles Index (IVU) for June 2026 in July 2026, covering the entire national territory. This survey aimed to map both the demand and the actual sales volume in the semi-new and used vehicle market, classifying models by body type and age range.
In the hatchback category, leadership positions were maintained in the youngest age brackets, with few changes observed in the intermediate segments.
For vehicles aged 0 to 3 years, the Chevrolet Onix led, followed by the Volkswagen Polo and the BYD Dolphin. In the 4 to 8 year group, the Chevrolet Onix remained in first place, while the Hyundai HB20 was second and the Fiat Argo was third. The Ford Ka rose to fifth place, surpassing the Volkswagen Gol. Among models aged 9 to 12 years, the previous podium was maintained with Hyundai HB20 (1st), Chevrolet Onix (2nd), and Fiat Palio (3rd). Volkswagen Gol and Renault Sandero occupied fourth and fifth places, respectively. For cars aged 13 years or more, the leadership was taken by Volkswagen Gol, Fiat Palio, and Fiat Uno.
The Toyota Corolla demonstrated consistency, maintaining leadership in most age brackets up to 12 years old. In the 0 to 3 year bracket, after the Corolla, the Hyundai HB20S was second and the Volkswagen Virtus was third. BYD introduced two models to this list: the King in 8th place and the Seal in 9th. Among sedans aged 4 to 8 years, the Volkswagen Virtus assumed the runner-up position, with Honda Civic in third and Volkswagen Voyage in fourth, while the Hyundai HB20S dropped to sixth place. For models aged 9 to 12 years, the podium remained unchanged, consisting of Toyota Corolla, Honda Civic, and Chevrolet Prisma. In cars aged 13 years or more, the Honda Civic led, followed by the Fiat Siena in second and Toyota Corolla in third.
The sport utility vehicle segment also showed repetition of podiums in the main age brackets. In the 0 to 3 year group, the Volkswagen T-Cross was first, followed by the Volkswagen Nivus (2nd) and Hyundai Creta (3rd). For vehicles aged 4 to 8 years, the Jeep Compass led, with Jeep Renegade in second and Nissan Kicks in third. The Honda HR-V maintained its lead in the 9 to 12 year bracket. Finally, in the 13 years or older segment, the Ford EcoSport occupied the first position.
The Used Vehicles Index (IVU) is determined by the average calculated between the demand indicator provided by the OLX platform and the sales indicator from Fenauto. This calculation considers variables such as body type, brand, model, and age range. A performance above the group average signals a higher correlation between demand and actual sales.
India's space sector is showing significant growth due to recent reforms. Private investments in this area have surpassed $618.5 million, and 105 permits have been issued to private entities. Simultaneously, the regulatory framework for protecting strategic and national interests is strengthening while stimulating broader private sector participation.
The Minister of Science, Technology and Space, Jitendra Singh, informed the Rajya Sabha on Thursday. Responding to an unstarred question in the Rajya Sabha, Singh noted that cumulative private funding has increased nearly sixfold in recent years. It grew from $100.5 million in 2021-22 to $348.5 million in 2023-24, and is projected to reach $618.5 million by March 31, 2026. This growth reflects increasing confidence from both domestic and global investors in India's rapidly evolving space ecosystem.
Singh told the Rajya Sabha that IN-SPACe has currently authorized 17 space startups to conduct space activities. This indicates the emergence of a dynamic startup ecosystem that is increasingly contributing to achieving India's space goals. The number of active space startups has grown from one company in 2014 to over 400 today, with private investments exceeding $600 million.
Indian private companies have successfully demonstrated launch and orbital deployment capabilities, placing over 30 satellites into orbit and sending approximately 45 payloads via platforms such as POEM (PSLV Orbital Experimental Module). This points to the growing technological depth and commercial maturity of the country's private space sector. Furthermore, public-private partnership in Earth observation has brought together leading Indian companies to develop the country's first private constellation of Earth observation satellites, accompanied by private investments of around 1200 crore rupees.
Emphasizing the government's unwavering commitment to ensuring that rapid commercial growth aligns with robust national security measures, the minister informed the House that every application for private space activity is evaluated according to IN-SPACe norms, guidelines, and procedures. Special attention is given to strategic, defense, and national interests before issuing a permit. He also added that IN-SPACe is preparing specific safety and security guidelines for space activities in India in consultation with stakeholders to further strengthen the country's regulatory structure as private participation expands.
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