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New Delhi: Reliance Industries Ltd, India's largest buyer of discounted Russian oil, plans to scale back imports following fresh US sanctions on Moscow-linked firms, dealing a significant blow to billionaire Mukesh Ambani's conglomerate. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 million ...Read More >
NEW DELHI: Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctions on two top Russian producers, industry sources said on Thursday, potentially removing a major hurdle to a trade deal with the United States. The change comes as India faces punishing 50% tariffs on its exports to the U.S. - with half of those duties in retaliation for Russian oil purchases - and negotiates a potential trade deal that could bring those tariffs in line with Asian peer ...Read More >
New Delhi, Oct 23 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd, India's biggest buyer of discounted Russian oil, plans to scale back imports of Russian crude oil following fresh US sanctions on Moscow-linked firms, sources said. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 mil ...Read More >
New Delhi, Oct 23 (PTI) US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now. Industry sources said public-sector units are assessing compliance risks but are unlikely to halt Russian crude flows immediately as they buy almost all of their needs from traders, mostly European (who are out of the sanctions net). Billionaire Mukesh Amban ...Read More >
Bengaluru: Riding on the success of the electric two- and three-wheeler revolution, Karnataka is now accelerating efforts to electrify heavy vehicles, particularly buses and trucks. The govt is preparing to submit a detailed proposal under the Centre's PM E-Drive scheme to establish 1,500 high-capacity EV charging stations across the state, each supporting fast charging in the 60kW to 240kW range -- sufficient to power heavy vehicles for long-distance operations.The move marks the next phase in ...Read More >
BPCL Unveils 'Zero Ka Dum' Certification Drive, Setting New Benchmarks in Operational Excellence Sanjay Khanna, C & MD and Director (Refineries), BPCL 5 min read Last Updated : Oct 18 2025 | 7:20 PM IST NewsVoir Mumbai (Maharashtra) [India], October 18: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and one of India's leading integrated energy enterprises, has achieved a significant milestone in its LPG business with the nationwide expansion of the 'Zero Ka Dum' (Z ...Read More >
NEW YORK (Reuters) -Oil prices were stable on Thursday as traders prepared for a potential halt to India's Russian oil imports, which could reshape flows and boost demand for supplies from elsewhere. Brent crude futures were down 28 cents, or 0.45%, to $61.63 a barrel at 12:40 p.m. EDT (1640 GMT). U.S. West Texas Intermediate futures were down 19 cents, or 0.33%, to $58.08. U.S. President Donald Trump said Prime Minister Narendra Modi had pledged on Wednesday that India would stop buying from ...Read More >
Vijayawada: Calling Prime Minister Narendra Modi "the leader of the 21st Century," Chief Minister N. Chandrababu Naidu said the "double-engine" NDA government at the Centre and in AP has brought double benefits to the state. Speaking at the Super GST-Super Savings, Bachhat Utsav public meeting in Kurnool on Thursday, the CM hailed the Centre's cooperation for bringing record-level investments to the state and said, "Modi's victory is India's victory -- and that is our victory too." Lauding the ...Read More >
Cochin Shipyard and Mazagon Dock signed MoUs with Tamil Nadu agencies to set up major shipbuilding complexes. Image: Pixabay | representational With the government announcing investments to the tune of Rs 69,725 crore for shipbuilding and maritime reform in India this year, the sector is entering a promising phase of growth. Shipbuilding, often termed the "mother of heavy engineering", plays a central role by generating employment, attracting investment, and strengthening national security and ...Read More >
New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. Also Read | OnePlus 15, OnePlus Ace 6 Launch Expected in China on Octobe ...Read More >
PNN New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. A Sea of Opportunity Despite having one of the world's longest coa ...Read More >
New Delhi: The Oil Ministry has invited applications for the post of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), over six months after a search-cum-selection committee was constituted to identify a suitable candidate for the top job. The ministry in a post on its website invited applications for the top job at India's second-largest state-owned refinery by October 21. "Selection shall be through a search-cum-selection committee," it said. Board-level appointments ...Read More >
Speaking at the curtain raiser event for the 30th CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu said Google will be building its biggest data centre after the US in Vishakhapatnam. Through "atmanirbharta", India is building supply chains to navigate through weaponisation of trade, Union Minister of Commerce and Industry Piyush Goyal said on September 30. Delivering the address at the curtain raiser event for the 30th CII Partnership Summit in New Delhi, Goyal said g ...Read More >
New Delhi: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
India's industrial gas demand is falling. Factories now prefer cheaper LPG and wood briquettes. Crude oil prices make natural gas expensive. LPG prices are lower than natural gas. Biofuels also reduce gas sales. Overall gas consumption dropped this fiscal. Power and refinery sectors cut gas use. City gas and petrochemicals show growth. India's industrial demand for natural gas is weakening as factories increasingly turn to cheaper alternatives such as LPG and wood briquettes. With crude steady ...Read More >
"These MoUs are a testament to India's maritime resurgence. By fostering collaboration between states, industries and global partners, we are unlocking a new era of shipbuilding and port-led growth. This is not only about infrastructure, it is about creating jobs, empowering communities and establishing India as a leading maritime nation in the world," added Sonowal. A MoU Exchange Ceremony took place on the eve of the "Samudra Se Samriddhi - Transforming India's Maritime Sector" programme on S ...Read More >
The bridges are being built under the 'Operation Pravah' project, which aims to protect the areas surrounding the airport from flood threats Chief Minister Pinarayi Vijayan on Saturday (September 27, 2025) promised to complete the works on three bridges to be built by Cochin International Airport Limited (CIAL) in the neighbouring panchayats in 18 months. He was inaugurating the construction of bridges that would come up at Puliyampilly, Madathimoola, and Chovvara at a total cost of ₹40 crore. ...Read More >
Bhavnagar (Gujarat) [India], September 28 (ANI): A MoU Exchange Ceremony took place on the eve of the "Samudra Se Samriddhi - Transforming India's Maritime Sector" programme on September 19 at Bhavnagar, Gujarat. According to the Ministry of Ports, Shipping and Waterways' release, this event was addressed by Prime Minister Narendra Modi, in which a number of projects pertaining to the maritime sector were launched. Also Read | Karur Tragedy: Madras High Court Cancels Urgent Hearing on Stampede ...Read More >
Bhavnagar (Gujarat) [India], September 28 (ANI): A MoU Exchange Ceremony took place on the eve of the Samudra Se Samriddhi - Transforming India Maritime Sector programme on September 19 at Bhavnagar, Gujarat. According to the Ministry of Ports, Shipping and Waterways release, this event was addressed by Prime Minister Narendra Modi, in which a number of projects pertaining to the maritime sector were launched. The MOUs were signed on September 18th in the presence of Union Minister of Ports, S ...Read More >
Union Minister Hardeep Singh Puri expressed disappointment over low investor valuations of state-owned oil companies, despite their Rs 2.5 lakh crore profit over six years. While partial stake sales may be considered, full divestment is not planned, and BPCL is off the block. Puri highlighted autonomy, consistent dividends, and clarified concerns on refining margins, LPG under-recoveries, and ethanol blending. Citing the low valuation given to state-owned oil marketers, Union Minister for Petro ...Read More >
New Delhi [India], September 26 (ANI): Nitin Gadkari, Minister of Road Transport and Highways, Government of India, today announced the launch of India's first hydrogen highways during Day 2 of the inaugural World Hydrogen India, organized by S&P Global Commodity Insights. Virtually addressing a gathering of global industry leaders, policymakers, and energy experts, Gadkari outlined India's vision to achieve self-reliance in fuel and transform agriculture into an energy powerhouse. Highlighting ...Read More >
New Delhi [India], September 26 (ANI): Nitin Gadkari, Minister of Road Transport and Highways, Government of India, today announced the launch of India's first hydrogen highways during Day 2 of the inaugural World Hydrogen India, organized by S&P Global Commodity Insights. Virtually addressing a gathering of global industry leaders, policymakers, and energy experts, Gadkari outlined India's vision to achieve self-reliance in fuel and transform agriculture into an energy powerhouse. Highlighting ...Read More >
Mumbai: Nayara Energy may have to offer a $1-2 per barrel discount to India's state-run oil marketing companies (OMCs) to sell petrol and diesel that the Russian-owned refiner cannot export due to European sanctions, people close to the development said. The Rosneft-backed company, which operates a 20-million-tonne refinery in Gujarat, has been in talks with Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation to place its refined fuel with them. These state- ...Read More >
Mumbai (Maharashtra) [India], May 16 : Domestic indices opened flat on Tuesday morning as losses in financial and construction stocks dragged the key indices. Investors are keeping a wait-and-watch mode for the various earning announcements of companies such Bharti Airtel, Bank of Baroda, Indian Oil and V-Mart Retail lined for the day. BSE Sensex opened 91 points lower to 62,254.21 while NSE Nifty dropped 16.70 points to 18,382.15 at 10.50 am on Tuesday morning. The top gainers on Nifty 50 we ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many cl ...Read More >
Mumbai, August 14: Leading cryptocurrency Bitcoin hit a record high of $124,210 on Thursday over increasing expectations for more lenient monetary policy from the US Federal Reserve. The development, coupled with supportive financial reforms, particularly under the pro-crypto stance of the US President Donald Trump's administration, boosted investor sentiment. The world's largest crypto asset by market capitalisation climbed over 0.9 per cent to $124,210, surpassing its previous peak in July. B ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
Shimla, Aug 14 (SocialNews.XYZ) Braving darkness, fast currents and unstable terrain, the Indian Army on Thursday said its swift response averted a potential tragedy when a sudden flash flood struck Hojis Lungpa Nala in Himachal Pradesh's mountainous Kinnaur district. The incident happened at around 7 p.m. on Wednesday. Triggered by a cloudburst in the higher reaches of the Rishi Dogri Valley, the deluge engulfed the bridge across the Sutlej River and injured one individual. The site was an ac ...Read More >
Tirunelveli (Tamil Nadu) [India], August 14 (ANI): A PhD graduate from Manonmaniam Sundaranar University refused to receive her degree from Tamil Nadu Governor RN Ravi during the convocation program. The event, held at the V.O.C. Auditorium on the university campus, saw TN Governor R N Ravi, who is also the university chancellor, conferring degrees on students. Of the 37,376 students from 104 affiliated colleges and the university, 759 were present to receive their degrees directly from the Gov ...Read More >
Jhujhunu (Rajasthan) [India], August 14 (ANI): Air Chief Marshal AP Singh paid a visit to the family of late Sergeant Surendra Kumar, who laid down his life during Operation Sindoor, in Mehradasi village in Rajasthan's Jhunjhunu. Accompanied by his wife, Sarita Singh, the Indian Air Force (IAF) chief on Wednesday met Sgt Kumar's mother, wife and children. Also Read | Delhi-NCR Rains: Delhiites Wakes Up to Light Showers, IMD Issues 'Red Alert' (Watch Videos). Sharing an X post, the Indian Air ...Read More >
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