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India imports 50 per cent of its LNG stocks from the international market. New Delhi: Union Petroleum and Natural Gas Minister Hardeep Singh Puri is on a two-day visit to Qatar today and tomorrow amid concerns over energy supplies triggered by the Iran war. Why his visit matters India imports 50 per cent of its LNG stocks from the international market, oil economist Kirit Parikh said. Out of this, 40 per cent stocks are sourced from Qatar. However, much of India's imports have been severely ...Read More >
New Delhi, April 9 (SocialNews.XYZ) Union Petroleum and Natural Gas Minister Hardeep Singh Puri is set to visit Qatar between April 9 and April 10 to discuss liquefied natural gas (LNG) supplies amid disruptions triggered by the ongoing Iran conflict, the ministry said on Thursday. In a post on X, the Ministry said, "Union Minister for Petroleum & Natural Gas, Hardeep S. Puri, will be on an official visit to the State of Qatar on April 9-10, 2026." India has been ensuring adequate gas availabi ...Read More >
Benchmark Brent crude cost about $109 a barrel on Tuesday, and has remained above or around $100 for more than three weeks, up over 50% from about $70 just before the conflict began on February 28. Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. "As this shock gets bigger and bigger, the risks of recession are rising significantly...There are likely some thresho ...Read More >
SAN FRANCISCO/AHMEDABAD, India - Kevin Kelly is in a tough spot. What he says are unprecedented price increases in the weeks since the United States waged war on Iran mean the Californian, who makes plastic bags for groceries, may have to break contracts he cannot afford to honor with his customers. Thousands of miles away in India, gas shortages have closed dozens of plants that export aluminum products around the world. And in Britain, some farmers are eking out their fertilizer stocks as pri ...Read More >
NEW DELHI, April 2: India joined over 35 nations in a UK-convened summit on Thursday to discuss political and diplomatic measures to reopen the Strait of Hormuz, which has been effectively closed since late February following US-Israel strikes on Iran. Represented by Foreign Secretary Vikram Misri, India participated in the virtual talks focused on restoring freedom of navigation, ensuring the safety of trapped ships and seafarers, and resuming the flow of vital commodities. The UK emphasized d ...Read More >
India's import of liquefied natural gas (LNG) from its largest supplier -- Qatar -- declined to its lowest on record in March 2026 as the West Asia conflict led to the closure of the Strait of Hormuz (SoH). Besides, Iran's attack on QatarEnergy's LNG facilities, in retaliation for attacks by the US and Israel, led to declaration of force majeure and production shutdowns early last month, further exacerbating India's natural gas imports, which account for roughly half of its consumption. India' ...Read More >
The shockwaves of a war being fought nearly 3,000km away are now reaching India's kitchens. As the US-Israeli strikes on Iran disrupt energy shipments through the Strait of Hormuz, supplies of liquefied petroleum gas (LPG) are tightening across India, forcing restaurants to cut menus, shorten hours and in some cases shut down altogether. Social media is awash with video clips showing queues outside cooking-gas dealers across Indian cities and towns as worries over fuel supplies spread. Commerc ...Read More >
New Delhi [India], March 12 (ANI): The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, informed the Lok Sabha on Thursday that the country is successfully navigating the major disruption in global energy supplies following the West Asia conflict. "India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Oppos ...Read More >
Kolkata: On a day that Khalid Jamil was announced the head coach of India men's national team, the uncertainty surrounding the Indian football's top-flight league hit hard with Odisha FC suspending all player and staff contracts from August 5.As speculation grew over the club's overall future, the India Super League (ISL) side's owner Rohan Sharma clarified things through his social media account later in the evening. "We haven't shut down the club despite the headlines. Key staff members are re ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illega ...Read More >
Mumbai: The Comptroller and Auditor General (CAG) has flagged an irregular Rs 71.07 crore waiver granted by the Maharashtra govt to IRB MP Expressway Pvt Ltd, operator of the Mumbai-Pune Expressway, for Covid-19 lockdown losses. The CAG noted that the sub-concession agreement with Mumbai Pune Expressway Ltd (MPEL) made IRB responsible for insuring against "force majeure" events like pandemics, with no liability on either side for such losses. "IRB requested (on March 24, 2020) MPEL to bear the l ...Read More >
Mumbai, July 18 (SocialNews.XYZ) The Comptroller and Auditor General of India (CAG) on compliance audit has made a scathing observation over the "irregular" revenue waiver by the Maharashtra government of Rs 71.07 crore to the toll operator on the Mumbai-Pune Expressway for a period during the lockdown as a result of Covid-19 pandemic, officials said on Friday. The auditor report was tabled by Deputy Chief Minister Ajit Pawar in the Assembly on Friday. The audit report said that Mumbai-Pune Ex ...Read More >
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