Prime Minister Narendra Modi on Thursday hit out at those trying to create panic on the LPG situation in India, and said they are not only exposing themselves before the people but also hurting the co

Global crude oil prices have surged again, briefly crossing $120 a barrel before easing. For India, which imports nearly 85% of its oil, this is more than just an energy story. It affects inflation, t

The White House has issued a strong warning to Iran over any attempt to disrupt oil shipments through the Strait of Hormuz — one of the world’s most critical energy routes.

The Donald Trump administration has launched fresh trade investigations into 16 major economies, including India and China, under Section 301 of the US Trade Act of 1974. Could new tariffs

Dubai’s skyline.
A low-cost drone.
A new era of warfare.

The Shahed-136 is Iran’s “kamikaze” drone reshaping modern air combat. With a range of up to 2,000 km and designed for mass deployment, it for

Missile attack reportedly damaged US aerial refuelling tankers parked at Prince Sultan Air Base in Saudi Arabia, raising concerns over potential disruption to American air operations in West Asia

KC-135

Business Standard

Iran's foreign minister mocked Washington's policy reversal after the US granted a short-term waiver allowing Indian refiners to resume imports of Russian crude amid energy market disruption

Abbas Araghchi, Mojtaba Amani

Trump said American forces executed one of the most powerful bombing raids in the History of the West Asia, including destroying military targets on Kharg Island

Kharg Island, israel iran conflict

Bloomberg

India's purchase of Russian crude oil has surged 50 per cent in March as New Delhi tapped alternate sources to make up for the shortfall arising from disruption in the Middle East amid a widening military conflict.
India bought about 1.5 million barrels of Russian oil this month, up from 1.04 million bpd in February, ship tracking data showed.
India, the world's third-largest crude importer, sources 88 per cent of its oil needs from abroad. It consumes 5.8 million barrels per day, of which 2.5-2.7 million barrels came from Middle East countries like Saudi Arabia, Iraq, and the UAE via the Strait of Hormuz.
The chokepoint also carried 55 per cent of India's cooking gas (LPG) and 30 per cent of liquefied natural gas (LNG), used for power, fertilizers, CNG, and household cooking.
The ongoing conflict has largely halted shipments through the strait, forcing India to seek alternative crude sources from Russia.
"India was expected to import around 2.6 million barrels per day of crude vi

Russian Oil

Press Trust of India

India will soon receive two cargoes each of crude oil and LNG via routes bypassing the Strait of Hormuz as refiners boost LPG production to ease supply pressures

Russian oil, India, crude oil

Fair trade regulator CCI on Wednesday dismissed a complaint alleging abuse of market dominance by InterGlobe Aviation and Air India.
The complainant alleged that the domestic carriers were maintaining unconscionable and illegal rates of cancellation charges and imposing arbitrary conditions and prices for the sale of services.
According to the complainant, InterGlobe Aviation, which operates IndiGo, held more than 65 per cent share in the domestic aviation sector, while Air India accounted for around 27 per cent.
Together, both these players control about 90 per cent of the market share, raising concerns of dominance and possible anti-competitive practices, as per the complaint.
After examining the information, the Commission said the allegations did not establish any prima facie violation of competition law provisions.
CCI noted that the allegation of abuse of dominance does not warrant further examination as OPs (InterGlobe Aviation and Air India) have in place a system for refu

Indigo

The TMC on Saturday accused Prime Minister Narendra Modi of building a "false narrative" about employment and the overall situation in West Bengal during his Brigade Parade Ground rally, alleging that he was acting as a BJP campaigner rather than the PM.
TMC MP Saayoni Ghosh told a press conference that while Modi claimed to have sanctioned thousands of crores for the state's development, the Centre had actually withheld around Rs 2 lakh crore of dues to the state.
"Modiji has claimed he has sanctioned Rs 18,000 crore to Bengal as a 'lollipop'. But in reality, he has blocked Rs 2 lakh-crore dues to the state for various projects, from the 100 days' work scheme to housing for the poor and drinking water supply," she alleged.
"While Modi has failed to attend Parliament and address MPs for days, he is attending BJP meetings and coming regularly to the state before elections. He is behaving more as a BJP campaigner than the PM of the country," she claimed.
Ghosh also rejected Modi's ..

Mamata Banerjee, Mamata

Commercial LPG cylinder distribution has begun in 29 states and Union Territories, while authorities have stepped up raids and surprise inspections across the country to curb hoarding and black-marketing amid heightened pressure on cooking gas supplies, a senior oil ministry official said on Saturday.
Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said panic booking continues to rise despite the fact that there are enough stocks available to meet domestic household requirements of cooking gas LPG.
India, she said, has adequate crude oil inventories, and domestic refineries are operating at full capacity, ensuring sufficient availability of petrol and diesel across the country.
"There are no dry-out reports from any retail outlets. Our refineries are operating at full capacity, and sufficient petrol and diesel are available. Based on our requirements, we produce adequate petrol and diesel domestically and do not need to import," she said.
Sharma said ..

LPG, LPG cylinders, cylinder, cylinders

An integrated green steel plant and a coal gasification project will come up in Bhadravati in Maharashtra's Chandrapur district with an estimated investment of Rs 17,000 crore, providing jobs to more than 10,000 persons and giving a boost to the economy of Vidarbha, Union Minister G Kishan Reddy said on Saturday.
Addressing a gathering in the MIDC area of Telwasa in Bhadravati where he laid the foundation stones of the two mega projects, the Union Minister of Coal and Mines said the initiative will result in generation of high value items like ammonia nitrate, green steel and hydrogen, which need to be imported in large quantities at present.
"It is part of efforts to make India atmanirbhar, which is the vision of Prime Minister Narendra Modi. Coal plays a key role in the industrial development of the nation. Out of seven such projects nationwide, four are being established in this specific region," he said while lauding Chief Minister Devendra Fadnavis' leadership for keeping ...

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Modi building false narrative about Bengal, acting as BJP campaigner: TMC

Commercial LPG sales start in 29 states, UTs; raids target black-marketing

Projects worth ₹17,000 crore announced in Vidarbha to boost economy

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