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New Delhi, April 4 (SocialNews.XYZ) State-run oil marketing company (OMC) Indian Oil Corporation Ltd (IOCL) on Saturday assured that supplies of petrol, diesel and LPG remain adequate across the country, even as the Centre steps up efforts to minimise any disruption to fuel supply chains amid global uncertainties. The PSU firm said it is closely monitoring its nationwide distribution network and taking necessary steps to prevent hoarding and black marketing of LPG cylinders. In a public adviso ...Read More >
New Delhi [India], April 4 (ANI): The Centre continues to take necessary steps to ensure preparedness and smooth functioning across key sectors in view of the West Asia crisis, with 3700 raids conducted across the country to wipe out LPG black marketing, the Ministry of Petroleum and Natural Gas said in a release on Saturday. It said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and LPG across the country, in the context of the ongoing c ...Read More >
New Delhi: Commerce secretary Rajesh Agrawal Saturday asked the pharmaceutical industry to reduce its dependence on critical imported raw materials by meeting atleast 80-90% of domestic pharmaceutical requirements through indigenous production. Addressing an event in Hyderabad, he said while India exports to around 200 countries, there remains significant scope for expansion and resilience-building through a stronger market presence. Emphasising the need to navigate an increasingly uncertain a ...Read More >
New Delhi [India], April 4 (ANI): The Centre continues to take necessary steps to ensure preparedness and smooth functioning across key sectors in view of the West Asia crisis, with 3700 raids conducted across the country to wipe out LPG black marketing, the Ministry of Petroleum and Natural Gas said in a release on Saturday. It said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and LPG across the country, in the context of the ongoing c ...Read More >
New Delhi, April 4: State-run oil marketing company (OMC) Indian Oil Corporation Ltd (IOCL) on Saturday assured that supplies of petrol, diesel and LPG remain adequate across the country, even as the Centre steps up efforts to minimise any disruption to fuel supply chains amid global uncertainties. The PSU firm said it is closely monitoring its nationwide distribution network and taking necessary steps to prevent hoarding and black marketing of LPG cylinders. In a public advisory shared on X, t ...Read More >
Striking a cautiously optimistic note, a senior official in the Commerce Ministry and representatives of the Pharmaceuticals Export Promotion Council of India on Saturday said FY26 pharma exports are expected to remain in the positive zone notwithstanding the West Asia war's impact on the March performance. For the 11 months upto February, the exports were nearly $28.29 billion as against the $26.79 billion in the corresponding period of previous fiscal. "We have already achieved 5.6% growth up ...Read More >
New Delhi, Apr 4 (PTI) Commerce Secretary Rajesh Agrawal on Saturday asked the pharmaceutical industry to reduce its dependence on critical imported raw materials and diversify export supply chains to better navigate global uncertainties. Addressing an event in Hyderabad on the sector, he said while India exports to around 200 countries, there remains significant scope for expansion and resilience-building through a stronger market presence. Emphasising the need to navigate an increasingly unc ...Read More >
India denies reports an Iranian crude shipment was diverted to China over payment issues, says refiners freely choose suppliers and face no payment hurdles for Iranian oil The Indian government on Saturday dismissed reports claiming that an Iranian crude shipment was diverted from Gujarat to China due to payment-related issues, calling such assertions "factually incorrect." In a statement posted on X, the Ministry of Petroleum and Natural Gas clarified that India sources crude oil from more th ...Read More >
Guwahati, April 4: The Central government, on Saturday, sought to allay public concerns over fuel availability, urging citizens to avoid panic buying of petrol, diesel, and LPG, while asserting that supplies remain adequate despite disruptions triggered by escalating tensions in West Asia and the temporary closure of the Strait of Hormuz. In a detailed statement, the Ministry of Petroleum and Natural Gas said the government is taking proactive measures to ensure uninterrupted availability of es ...Read More >
NEW DELHI: The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, assuring that fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. In a statement, the Ministry of Petroleum and Natural Gas said it is taking proactive steps to ensure uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised domest ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Europe's fragile economic outlook amid geopolitical tensions could have ripple effects on India's trade and sectoral competitiveness with the latter to gain from FTA, a new report has said. The report from EY noted that India could gain from new opportunities with deeper trade engagement with Europe and rising competitiveness in sectors such as textiles. Tariff and trade policy changes by the United States as well as West Asian conflict will act as headwinds ...Read More >
April 4 (Reuters) - Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday. The world's third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019, following U.S. pressure not to buy Iranian crude, but supply disruptions from the U.S.-Israel war have hit the South Asian nation hard. "Amid Middle East supply disruptions, Indian refiners have secu ...Read More >
New Delhi, Apr 4 (PTI) The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. The Ministry of Petroleum and Natural Gas said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised d ...Read More >
New Delhi [India], April 4 (ANI): The Ministry of Petroleum and Natural Gas on Friday said the government is making all efforts to ensure availability of Petrol, Diesel and LPG, and citizens are advised to avoid panic purchase of Petrol and Diesel as well as unnecessary booking of LPG. The Ministry said necessary measures are being undertaken to ensure the uninterrupted availability of petroleum products and LPG across the country, in view of the ongoing closure of the Strait of Hormuz. Accord ...Read More >
Nicosia, April 4 (SocialNews.XYZ) Indian High Commissioner to Cyprus Manish on Saturday called on Cypriot President Nikos Christodoulides at the Presidential Palace in Nicosia, reviewing the preparations for the President's visit to India in May, 2026, at the invitation of Prime Minister Narendra Modi. According to the Indian Embassy in Cyprus, the two sides discussed the key deliverables under the India-Cyprus Joint Action Plan, with a focus on deepening cooperation across various sectors, inc ...Read More >
Nicosia: Indian High Commissioner to Cyprus Manish on Saturday called on Cypriot President Nikos Christodoulides at the Presidential Palace in Nicosia, reviewing the preparations for the President's visit to India in May, 2026, at the invitation of Prime Minister Narendra Modi. According to the Indian Embassy in Cyprus, the two sides discussed the key deliverables under the India-Cyprus Joint Action Plan, with a focus on deepening cooperation across various sectors, including trade, investment, ...Read More >
New Delhi [India], April 4 (ANI): Europe's economic outlook remains fragile amid global trade tensions and geopolitical risks, which could have ripple effects on India's trade and sectoral competitiveness, according to a new report by EY The EY European Economic Outlook (March 2026) notes that trade policy changes, tariffs, and geopolitical uncertainties continue to shape economic prospects in Europe, potentially affecting global trade flows and competition with countries like India. The repor ...Read More >
Ambikapur (Chhattisgarh) [India], April 4 (ANI): The saying 'talent needs no introduction' found a fitting example at the Khelo India Tribal Games 2026, where wrestlers from Karnataka's Siddi community have made a powerful statement on the mat. Their success is no longer just about medals--it reflects the emergence of an entire community as a force in wrestling. Of African descent, there are about 50,000 Siddis in India, of which one-third live in Karnataka. Out of the nine wrestlers represent ...Read More >
New Delhi [India], April 4 (ANI): In view of ongoing global geopolitical developments disrupting energy supply chains, Chairperson, PNGRB has undertaken a comprehensive review of the development and expansion of City Gas Distribution (CGD) networks across the country on 31st March 2026, covering the progress of the National PNG Drive, compliance by CGD entities with regard to various directives/advisories issued by MoPNG, PNGRB and various other Government bodies, and new measures to facilitate ...Read More >
New Delhi [India], April 4 (ANI): In view of ongoing global geopolitical developments disrupting energy supply chains, Chairperson, PNGRB has undertaken a comprehensive review of the development and expansion of City Gas Distribution (CGD) networks across the country on 31st March 2026, covering the progress of the National PNG Drive, compliance by CGD entities with regard to various directives/advisories issued by MoPNG, PNGRB and various other Government bodies, and new measures to facilitate ...Read More >
New Delhi: Torrent Gas has increased the price of compressed natural gas (CNG) by ₹2.50 per kg in Jaipur, according to reports, adding to the growing cost burden on consumers. The hike comes amid a broader upward revision in fuel prices, with commercial LPG cylinders and aviation turbine fuel (ATF) also witnessing increases from April 1. Alongside the CNG hike, oil marketing companies have raised the prices of commercial LPG cylinders across major cities. In Delhi, the price of a 19-kg commer ...Read More >
Gold Price in India: Prices of 24 karat, 22 karat, and 18 karat gold staged a sharp rebound this week, driven by heightened geopolitical tensions from the Iran-US conflict and pressure on the Indian Rupee against a strengthening US dollar. However, gold rate in India remained largely steady on Saturday, April 4, while silver price today edged slightly lower. The precious metal saw a massive decline in mid-March as the Strait of Hormuz blockade fuelled a crude oil price rally. The surge in the c ...Read More >
New Delhi [India], April 4 (ANI): India's rollout of 20% ethanol blending in petrol (E20) is driven by long-term energy self-reliance goals rather than geopolitical disruptions like ongoing Middle East conflict, with scope to raise blending levels further given surplus capacity and feedstock supply, said CK Jain, President, Grains Ethanol Manufacturers Association (GEMA). "E20 is not based on the war; it has only one concept, self-reliance in energy, and that is most important. Why should we de ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Another India-flagged liquefied petroleum gas (LPG) tanker, Green Sanvi, transited east of the Strait of Hormuz, according to ship tracking data, making it the seventh Indian vessel to clear the maritime chokepoint safely amid the West Asia conflict. The vessel used a designated corridor through Iran's territorial waters to navigate the strategically sensitive waterway. The tanker is estimated to be carrying around 44,000 tonnes of LPG, roughly equivalent to ...Read More >
Srinagar- The Centre has directed states and Union Territories to step up action against hoarding and black marketing of petroleum products and LPG, amid emerging supply concerns linked to the closure of the Strait of Hormuz. Invoking provisions under the Essential Commodities Act and the Liquefied Petroleum Gas (Regulation of Supply and Distribution) Order, the Ministry of Petroleum and Natural Gas (MoPNG) has asked state authorities to intensify enforcement, conduct daily raids and inspection ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak. Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion. The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams. This places gold prices in India around Rs 31,000 lower than their a ...Read More >
Guwahati, April 4: Oil marketing companies have conducted over 2,000 inspections following reports of malpractices which have added to the LPG crisis, and showcause notices have been slapped on 18 distributors. "Till date, more than 700 inspections at LPG distributorships were carried out in Assam by IOCL jointly with government officials and more than 1500 by all the OMCs. Action has been initiated against around 18 LPG distributors," an IOC spokesman said. Reports of malpractices by certain ...Read More >
New Delhi, April 4: Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak. Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion. The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams. This places gold prices in India around Rs 31,000 lower than their all-time high of Rs ...Read More >
Chennai, April 4: DMK MP Kalanidhi Veeraswamy questioned TVK chief Vijay's understanding of geopolitics following his recent remarks on the reported LPG shortage in Tamil Nadu, highlighting that the state government has already engaged the Central government on the issue. Speaking to ANI on Friday, Veeraswamy said, "The CM wrote to PM Modi bringing to his notice about the shortage of LPG cylinders in Tamil Nadu, and we had an all-party meeting, when the Parliament was in session," emphasising th ...Read More >
New Delhi, April 4 (UNI) As India prepares to chair the BRICS foreign ministers' meeting in May, the escalating conflict in West Asia is set to pose a tough diplomatic challenge, with divisions among member states and complicating consensus-building within the bloc. Diplomat and West Asia expert Anil Trigunayat said the current geopolitical situation makes it difficult to expect smooth outcomes, particularly given the widening trust deficit between Iran and key Gulf nations such as Saudi Arabia ...Read More >
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