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Hyderabad (Telangana) [India], October 28 (ANI): India's petroleum and energy sector is undergoing a transformative expansion, poised to play a defining role in shaping the global energy future, said Hardeep Singh Puri, Minister of Petroleum and Natural Gas, on Tuesday. Addressing the inaugural session of the Energy Technology Meet in Hyderabad today, he stated that India's energy journey reflects remarkable progress, driven by visionary policy frameworks, rapid innovation, and sustained invest ...Read More >
Hyderabad: Asserting that trade is not governed by any established set of rules, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said there is adequate crude oil supply in the international market and if one supply stream is disrupted there are alternative sources available. Speaking at an interactive session here, Puri said India ranks fourth globally in refining capacity, exporting refined products worth over USD 45 billion during last fiscal to 50-plus countries, a ...Read More >
Hyderabad: In a new twist to the horrific bus fire on National Highway 44 (NH-44) near Andhra Pradesh's Kurnool town that claimed 19 lives in the early hours of Friday, investigations by the police revealed that the bus did not ram into a moving motorcycle, but ran over a bike lying on the highway after a road accident, police officials said. Kurnool district superintendent of police Vikrant Patil said on Saturday that Panchala Shiva Shankar (20) and his friend Erriswamy, both residents of Laks ...Read More >
In return, India may reduce imports of Russian oil and open its market to non-genetically modified American corn and soymeal products. The U.S. and India are close to a possible trade deal that would reduce tariffs on Indian exports to about 15% to 16% from the current 50%, according to the Mint. In return, India may reduce imports of Russian oil and open its market to non-genetically modified American corn and soymeal products. The bilateral trade agreement could be announced when President D ...Read More >
After contaminated cough syrups made headlines linked to child deaths in Madhya Pradesh and Rajasthan, India's drug regulator has launched a digital monitoring system so that officials can oversee production, movement and quality of high-risk ingredients used in making these formulations. The move comes after several reports of diethylene glycol (DEG) contamination in cough syrups, which raised serious safety concerns and prompted nationwide scrutiny of pharmaceutical manufacturing practices. ...Read More >
Over 350 distilleries face an uncertain future due to inadequate procurement orders in the latest ethanol tender. Industry bodies criticize the allocation methodology, alleging it favors new entrants over existing units and ignores surplus capacity in neighboring states, potentially jeopardizing the sustainability of India's ethanol ecosystem. New Delhi, More than 350 operational distilleries across the country are facing an uncertain future due to inadequate procurement orders under the latest ...Read More >
New Delhi: More than 350 operational distilleries across the country are facing an uncertain future due to inadequate procurement orders under the latest ethanol tender, with industry bodies flagging concerns over the allocation methodology that favours new entrants over existing units. The Ethanol Supply Year (ESY) 2025-26 tender issued by Oil Marketing Companies (OMCs) has come under fire from stakeholders who allege that the allocation criteria is creating artificial imbalances, while sideli ...Read More >
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday extended his greetings to the nation on the occasion of the Govardhan Puja and said that celebrating this festival is a symbol of India's agrarian economy. Adityanath, who was in Gorakhpur on this occasion, also said that Govardhan Puja symbolises the importance of cows and their progeny in an agricultural country like India. "I am fortunate to have the opportunity to worship cows and serve them here this morning," Adityanath told news a ...Read More >
Gorakhpur: Chief Minister and Gorakshpeethadhishwar Yogi Adityanath performed Govardhan Puja at Gorakhnath Temple's cowshed on Wednesday morning. He performed the rituals, adorned the cows with garlands, applied tilak, and sought Gomata's blessings for the prosperity of the state. He then fed the cows jaggery and bananas.After the puja, the CM greeted citizens, farmers, and cattle rearers and said that under PMNarendra Modi's guidance, the state government is running several innovative schemes f ...Read More >
Gorakhpur (UP), Oct 22 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday held a 'Janata Darshan' and performed Govardhan Puja at the Gorakhnath temple here, officials said. During the 'Janata Darshan' programme, Adityanath interacted with around 300 people and listened patiently to their grievances. He directed officials to respond promptly and sensitively to these grievances, ensuring fair and satisfactory resolutions, an official statement said. The chief minister personally re ...Read More >
New Delhi: India and the United States are reportedly on the verge of finalising a long-awaited trade deal that promises to reshape their economic ties. As per a Mint report, the agreement could slash US tariffs on Indian goods from the current 50 per cent to around 15-16 per cent, offering a major boost to Indian exporters. The proposed pact primarily focuses on the energy and agriculture sectors, with discussions also centred on India's gradual reduction of crude oil imports from Russia -- a ...Read More >
India and the US are nearing a trade agreement. Tariffs on Indian exports could drop from 50% to 15-16%. This deal may involve India gradually reducing Russian oil imports. In return, the US is expected to offer concessions on energy trade. Both nations are also discussing increased imports of American corn and soymeal into India. India and the US are in extensive and advanced stage of talks on a trade deal that could see tariffs on Indian exports drop to 15% to 16% from the current 50%, mint r ...Read More >
New Delhi: India and the US are closing in on a long-pending trade deal that could slash the current tariffs for Indian exports to 15-16% from a punishing 50%, according to three people aware of the matter. With energy and agriculture emerging as key cards at the negotiating table, India may agree to gradually reduce its imports of Russian oil, the people cited above said on condition of anonymity. The purchases had prompted a punitive levy of 25% on Indian exports, which is over and above the ...Read More >
Two of the emerging-market giants hardest hit by President Donald Trump's trade wars are deepening their ties in response, betting that a united front will help them endure the US broadsides and find new markets to skirt tariffs. Most Read from Bloomberg Government officials and business executives from Brazil and India are converging this week in New Delhi, seeking to forge new relationships and triple the countries' $12 billion trade partnership as economists warn that Trump's policies could ...Read More >
Union Minister Nitin Gadkari announced India's logistics costs will drop to single digits by December, thanks to expressway expansion. He also revealed plans to make India the world's top automobile producer within five years and highlighted the economic and environmental benefits of promoting biofuels and utilizing waste in road construction. Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Mini ...Read More >
Union Home Minister Amit Shah assured Maharashtra farmers of central aid. He spoke in Ahilyanagar regarding recent heavy rain damage. Over 60 lakh hectares of farmland were affected. The Centre released previous assistance funds. The state government also provided relief to farmers. Loan recovery was suspended. This support aims to ease farmer distress. Union Home Minister Amit Shah on Sunday said the Centre, under Prime Minister Narendra Modi's leadership, will extend all possible assistance t ...Read More >
New Delhi, Oct 3 (PTI) Shares of biofuels producer TruAlt Bioenergy Ltd on Friday ended with a premium of 7 per cent against the issue price of Rs 496. On the BSE, the stock listed at Rs 550, a jump of 10.88 per cent from the issue price. It later ended at Rs 530.85, up 7.02 per cent. Shares of the company started trading at Rs 545.40, a premium of 9.95 per cent on the NSE. The stock ended at Rs 530.95, a jump of 7.04 per cent. The company's market valuation stood at Rs 4,552.18 crore. In tr ...Read More >
The Cabinet approved widening the Kaliabor-Numaligarh section of NH-715 in Assam. This project costs Rs 6,957 crore and covers 85.675 km. It includes wildlife-friendly measures for Kaziranga National Park. The existing highway passes through the park. Heavy traffic causes frequent animal accidents. This development will improve connectivity and safety. The Cabinet on Wednesday approved widening of Kaliabor-Numaligarh section of NH-715 in Assam at a total capital cost of Rs 6,957 crore. Accordi ...Read More >
Guwahati: The Centre has endorsed the four-laning of the Kaliabor-Numaligarh section of National Highway (NH) 715 to avoid man-animal conflict and deaths, Railways Minister Ashwini Vaishnaw said on Wednesday. Vaishnaw said on the four-laning of the highway, which crosses through Kaziranga National Park, stating that it features a 34-kilometre elevated viaduct. "The fifth big decision taken by the Union Cabinet today is the four-laning of the Kaliabor-Numaligarh section of NH-715 (86 km, Rs 6,9 ...Read More >
Bengaluru : GPS Renewables, one of the leading global full-stack, renewable oil & gas companies offering technology and project solutions for climate-positive biofuel projects, has partnered with Council of Scientific and Industrial Research - National Chemical Laboratory (CSIR-NCL) to develop a first-of-a-kind commercial-scale production of Sustainable Aviation Fuel (SAF) from ethanol. The same technology can be used to produce SAF from methanol as well. As part of the partnership, GPS Renewab ...Read More >
The National Consultation on the Sustainable Sugarcane Economy, organised by the Indian Institute of Sugarcane Research (IISR) and the Indian Council of Agricultural Research (ICAR), held at AP Shinde Hall, National Agricultural Science Complex, New Delhi, brought out a sharp contrast between scientific priorities and farmers' immediate concerns. While researchers and industry leaders emphasised varietal seed development, crop diversification and mechanisation, farmers from major sugarcane prod ...Read More >
Thiruvananthapuram: Union Minister Suresh Gopi stirred controversy on Tuesday by claiming that those elected by "corpses" are now serving the state. Speaking at a neighbourhood meet called "Kalungu" in Idukki district, he alleged that cadavers from 25 years ago had cast votes in Kerala elections. Media reports have previously highlighted incidents of deceased voters being listed as active in Kerala's voter list, he said, while indirectly referring to the accusations of "scientific rigging " aga ...Read More >
New Delhi, Sep 30 (SocialNews.XYZ) Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said that a dedicated team will be set up within the Indian Council of Agricultural Research (ICAR) for sugarcane research in the country. This team will also work on the sugarcane policy. The Minister made this announcement while addressing a national discussion on the sugarcane economy, organised by Rural Voice and the National Federation of Cooperative Sugar Factories in collaboration with ICAR. C ...Read More >
Union Minister Nitin Gadkari dismissed allegations regarding ethanol blending, attributing them to a powerful import lobby upset by his policy decisions. He defended his focus on making farmers energy producers and reducing pollution. This comes amidst controversy over his son's company, CIAN Agro Industries, which saw a dramatic surge in profits and revenue linked to the ethanol blending mandate. Union Minister for Road Transport and Highways Nitin Gadkari on Monday refused to be pulled into a ...Read More >
New Delhi, Sep 29 (PTI) The initial share sale of biofuels producer TruAlt Bioenergy Ltd garnered 71.92 times subscription on the last day of offering on Monday. The company's Rs 839.28 crore IPO received bids for 88,85,66,820 shares against 1,23,55,424 shares on offer, according to details available with the NSE. The quota for Qualified Institutional Buyers (QIBs) attracted 159.22 times subscription. The category for non-institutional investors garnered 98.56 times subscription and Retail Ind ...Read More >
Nagpur: Union Minister for Road Transport and Highways Nitin Gadkari on Monday refused to be pulled into a controversy over allegations against him with regard to ethanol blending, saying it is work of a powerful import lobby upset by his decisions. Speaking at a programme here, the minister likened himself to a "tree that bears fruit," and said, "I don't respond to such criticisms because then it becomes news. The tree that bears fruit is the one people throw stones at. It is better that we av ...Read More >
India and the US are negotiating a trade deal. India offers to buy corn for ethanol production and more energy. New Delhi seeks removal of penal tariffs on Russian oil. Washington pushes for American soybean and corn purchases. India resists due to GM concerns. Talks continue to meet a fall deadline for a bilateral trade agreement. India could buy corn from the US to produce ethanol, besides making higher purchases of energy, as part of fresh offers to arrive at a trade deal. New Delhi has pres ...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 >
The longer-term implications are complex. India is achieving its fuel-blending targets, but at the cost of crop diversity. India's farmlands are in the middle of a quiet-but-dramatic shift. New government data show that crops linked to the ethanol economy -- sugarcane and maize -- are steadily expanding, while oilseeds like soybean, a critical crop for the country's edible oil security, are losing ground. This pattern is visible across states, being reinforced by policy incentives guaranteeing ...Read More >
India's export regulations have been amended by the Directorate General of Foreign Trade, now permitting the export of Second Generation (2G) ethanol. This eco-friendly ethanol, derived from non-food sources like agricultural residues, aligns with sustainability goals due to its low CO₂ emissions. Exports necessitate valid authorization and feedstock certification, impacting ethanol under ITC(HS) Code 22072000. The Directorate General of Foreign Trade (DGFT) on Wednesday updated India's export ...Read More >
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