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NewsDrum - Business - News Image
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BusinessApr 09, 2026 06:53 PM

Govt ramps up feedstock supplies to pharma sector amid West Asia disruptions

New Delhi, Apr 9 (PTI) The government has stepped up supplies of critical petrochemical feedstock to the pharmaceutical industry to ensure uninterrupted production of essential medicines, as global supply chains remain strained due to the crisis in West Asia. Prior to the West Asia conflict, the pharmaceutical industry imported a bulk of its petrochemical feedstock, mostly in Kandla, Gujarat, from where the logistics chain took them to factories. The war, however, has disrupted those imports, w ...Read More >

Economic Times - Business - News Image
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BusinessApr 09, 2026 05:58 PM

Centre in talks with Assam Petrochemicals, others to secure methanol supply for pharma amid West Asi...

New Delhi: The government is holding discussions with Assam Petrochemicals and Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) to ensure an adequate supply of methanol for the pharmaceutical industry, which has been impacted due to disruptions in global supply chains arising from the ongoing West Asia crisis. Speaking during the Inter-Ministerial Briefing on Recent Developments in West Asia on Thursday, Satyaprakash TL, Joint Secretary, Department of Pharmaceuticals, Ministry of C ...Read More >

LatestLY - Business - News Image
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BusinessApr 09, 2026 05:41 PM

Business News | Centre in Talks with Assam Petrochemicals, Others to Secure Methanol Supply for Phar...

New Delhi [India], April 9 (ANI): The government is holding discussions with Assam Petrochemicals and Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) to ensure an adequate supply of methanol for the pharmaceutical industry, which has been impacted due to disruptions in global supply chains arising from the ongoing West Asia crisis. Speaking during the Inter-Ministerial Briefing on Recent Developments in West Asia on Thursday, Satyaprakash TL, Joint Secretary, Department of Pharmac ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 10:33 AM

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >

NewsDrum - Politics - News Image
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PoliticsApr 06, 2026 12:16 PM

Three arrested after 3 men die from consuming 'poisonous' liquor in UP's Meerut

Meerut (UP), Apr 6 (PTI) Police have arrested three people, including a woman, after three men drank alcohol from the same bottle and died, officials said on Sunday, adding that they suspected foul play. Police arrested three people, including a woman, after three men drank alcohol from the same bottle and died, officials have said, adding that they suspected foul play. According to police on Sunday, the three victims -- Baburam (60), a grocery shop owner, Jitendra (35), who worked at his shop ...Read More >

The New Indian Express - Health - News Image
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HealthApr 06, 2026 12:14 PM

Three arrested after 3 men die from consuming 'poisonous' liquor in UP's Bahraich

MEERUT: Police have arrested three people, including a woman, after three men drank alcohol from the same bottle and died, officials said on Sunday, adding that they suspected foul play. Police arrested three people, including a woman, after three men drank alcohol from the same bottle and died, officials have said, adding that they suspected foul play. According to police on Sunday, the three victims -- Baburam (60), a grocery shop owner, Jitendra (35), who worked at his shop and Ankit alias ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 06, 2026 09:22 AM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Boosting Self-Reliance

New Delhi: Jindal Steel is positioning itself at the forefront of India's energy transition in steelmaking by scaling coal gasification technologies across its operations. The company has achieved a global first by setting up India's first coal gasification-based Direct Reduced Iron plant, using syngas derived from domestic coal for iron-making. This move represents a shift away from conventional fuel sources and underscores a strategic push toward self-reliance. By tapping into indigenous coal ...Read More >

Abtak.com - Business - News Image
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BusinessApr 06, 2026 07:23 AM

Over 915 million tonnes cargo handled by major Indian ports in FY2025-26

Major ports under the Union Ministry of Ports, Shipping and Waterways handled 915.17 million tonnes (MT) of cargo during the financial year 2025-26, surpassing the annual target of 904 MT, and registering a strong year-on-year growth of 7.06%. The achievement highlights improved operational efficiency, robust trade recovery, and sustained momentum in the maritime sector, according to the Ministry. It also reflects "the impact of ongoing reforms and strategic investments aimed at modernising por ...Read More >

LatestLY - Business - News Image
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BusinessApr 05, 2026 09:50 PM

India News | In FY 2025-26, Kandla Port Handled Highest Volume of Cargo: Chairman DPA Sushil Kumar ...

Kandla (Gujarat) [India], April 5 (ANI): Chairman of Deendayal Port Authority Sushil Kumar Singh, on National Maritime Day, said that Kandla port has handled the highest volume of cargo, asserting that India's first port, where we have conducted a trial of methanol bunkering. "In the past financial year, 2025-26, Deendayal Port Authority, Kandla port, has handled the highest volume of cargo of 160.11 million metric tons, which is the highest in the history of any major port. Kandla port has ach ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 05, 2026 09:42 PM

In FY 2025-26, Kandla port handled highest volume of cargo: Chairman DPA Sushil Kumar Singh

Kandla (Gujarat) [India], April 5 (ANI): Chairman of Deendayal Port Authority Sushil Kumar Singh, on National Maritime Day, said that Kandla port has handled the highest volume of cargo, asserting that India's first port, where we have conducted a trial of methanol bunkering. "In the past financial year, 2025-26, Deendayal Port Authority, Kandla port, has handled the highest volume of cargo of 160.11 million metric tons, which is the highest in the history of any major port. Kandla port has ach ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 05, 2026 03:27 PM

Kandla Port logs record cargo handling in FY26, advances green push with methanol bunkering

New Delhi [India], April 5 (ANI): On the occasion of 63rd National Maritime Day, Deendayal Port Authority said it has achieved a historic milestone of handling 160.11 million metric tonnes (MMT) of cargo in FY 2025-26, the highest-ever cargo volume handled by any major port in India. The announcement was made during a press meet chaired by Sushil Kumar Singh, who highlighted the port's key achievements and strategic initiatives aimed at strengthening India's maritime sector. "It is a matter of ...Read More >

ETV Bharat News - Politics - News Image
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PoliticsApr 04, 2026 10:12 PM

Bihar Hooch Tragedy | Toll Mounts To 7, Several Critical In Motihari; Illegal Methanol Network Buste...

Motihari: Two more fatalities have been reported on Saturday in Motihari in the spurious liquor case, taking the toll to seven in the past three days. District Magistrate Saurabh Jorwal confirmed the deaths. The deceased have been identified as Chandu Kumar, Pramod Yadav, Parikshan Manjhi, Hiralal Bhagat, Lalkishor Rai, Sampat Sah, and Laddu Sah. On Thursday in Balganga village under Raghunathpur police station limits, two people died. Three more deaths were reported on Friday, followed by two ...Read More >

LatestLY - Business - News Image
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BusinessApr 04, 2026 06:25 AM

India News | 'Pharmaceuticals Affected, but Medicine Prices Won't Rise Without Govt Permission:' Jat...

Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. Also Read | WWE SmackDown Free Live Streaming Online, April 3: Get Wrestling Weekly E ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 04, 2026 02:27 AM

'Pharmaceuticals affected, but medicine prices won't rise without govt permission:' Jatish Sheth

Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. "Pharmaceuticals are affected. Raw materials which are used for manufacturing formula ...Read More >

LatestLY - Politics - News Image
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PoliticsApr 03, 2026 01:47 PM

Bihar Hooch Tragedy: 4 Dead, Dozens Ill After Consuming Liquor Allegedly Mixed With Industrial Spiri...

Patna, April 3: In a suspected hooch tragedy in East Champaran district of Bihar, at least four people have died while more than a dozen others fell ill after allegedly consuming toxic liquor. The incident has triggered panic in the affected villages. According to sources, several persons consumed suspected spurious liquor in Balganga village under the Turkauliya police station area on Wednesday evening. The deceased have been identified as Pramod Yadav, Chandu Kumar, Parishan Manjhi and one oth ...Read More >

Social News XYZ - Politics - News Image
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PoliticsApr 03, 2026 01:12 PM

Four dead, over a dozen fall ill in suspected hooch tragedy in Bihar's Motihari

Patna, April 3 (SocialNews.XYZ) In a suspected hooch tragedy in East Champaran district of Bihar, at least four people have died while more than a dozen others fell ill after allegedly consuming toxic liquor. The incident has triggered panic in the affected villages. According to sources, several persons consumed suspected spurious liquor in Balganga village under the Turkauliya police station area on Wednesday evening. The deceased have been identified as Pramod Yadav, Chandu Kumar, Parishan M ...Read More >

The Hans India - Business - News Image
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BusinessApr 03, 2026 10:26 AM

Duty exemption on petrochemical imports

New Delhi: The government on Thursday exempted customs duty on select critical petrochemical products for three months till June 30, aiming to cushion domestic industries from supply disruptions triggered by the ongoing West Asia conflict. Describing the move as a "temporary and targeted relief", the Finance Ministry said it will help ensure availability of key inputs, reduce cost pressures and maintain supply chain stability. The measure is expected to cost the exchequer about Rs1,800 crore. ...Read More >

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BusinessApr 03, 2026 04:24 AM

Govt exempts import duty on petrochemical products till June

New Delhi, April 2: The government on Thursday exempted import of critical petrochemical products from customs duty for three months till June 30, giving relief to sectors like pharmaceuticals, chemicals and textiles, and ensuring supply stability amid the ongoing West Asia crisis. The "temporary and targeted relief" will cost the exchequer about Rs 1,800 crore, but help ensure price stability, continuity in production and supply chain, CBIC Member (Tax Policy), Sanjay Mangal told reporters at ...Read More >

NewsDrum - Business - News Image
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BusinessApr 02, 2026 09:34 PM

Import duty relief to bring down cost pressure, benefit downstream sectors: India Inc

New Delhi, Apr 2 (PTI) India Inc on Thursday said the government's move to exempt import of critical petrochemical products from customs duty for three months till June 30 is a timely response to supply chain disruptions arising from the West Asia conflict which will provide relief to sectors such as textiles, packaging and pharmaceuticals. Chandrajit Banerjee, Director General, CII, said, "The Government of India's decision to grant full customs duty exemption on 40 critical petrochemical prod ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 02, 2026 07:20 PM

Critical Petrochemical Products Exempted From Import Duty

New Delhi: The Centre on Thursday exempted import of critical petrochemical products from customs duty for three months till June 30. The government, however, aims to give a huge relief to sectors such as pharmaceuticals, chemicals and textiles, among others, and ensure supply stability amid the ongoing West Asia crisis. Crucial chemicals like ammonium nitrate, methanol, and PVC for three months have been waived from import duty, starting April 2. As part of the emergency measure of the governm ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 02, 2026 02:19 PM

"Band-aid approach": Congress MP Manish Tewari slams Centre over handling of West Asia war impact on...

New Delhi [India], April 2 (ANI): Congress Member of Parliament Manish Tewari on Thursday questioned the long-term effectiveness of the Government's decision to slash excise and customs duties, calling it a 'band-aid approach' for a much larger global energy crisis. Tewari, while speaking to the reporters, said, "... One can only manage a contingency by reducing excise and customs duty. The main point is up to what extent this band-aid approach would work, if we do not get sufficient crude oil ...Read More >

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BusinessApr 02, 2026 01:43 PM

India waives customs duty on key petrochemicals amid Mideast crisis

NEW DELHI, April 2 (Xinhua) -- The Indian government on Thursday announced full customs duty exemption on a range of critical petrochemical products to ensure supply stability and shield the domestic industry and consumers from the impact of disruptions caused by the ongoing conflict in the Middle East. The exemption, which covers 40 key products, including anhydrous ammonia, methanol, toluene, styrene, vinyl chloride monomer and polybutadiene, will remain in force until June 30. According to ...Read More >

Abtak.com - Business - News Image
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BusinessApr 02, 2026 12:33 PM

Government exempts critical petrochemical products from customs duty amid West Asia crisis

The government on Thursday (April 2, 2026) exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. On global tensions and India's ...Read More >

The New Indian Express - Business - News Image
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BusinessApr 02, 2026 11:08 AM

India exempts critical petrochemical products from customs duty amid West Asia crisis

NEW DELHI: The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the finance ministry ...Read More >

ETV Bharat News - Business - News Image
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BusinessApr 02, 2026 10:42 AM

Centre Waives Customs Duty On Key Petrochemicals Till June 30 Amid West Asia Crisis

New Delhi: In light of the ongoing conflict in West Asia and the consequent disruptions in global supply chains, the Government of India has decided to provide full Customs Duty exemption on critical petrochemical products till 30th June, 2026, the Finance Ministry said on Thursday. This measure, according to the ministry, has been taken as temporary and targeted relief to ensure the continued availability of critical petrochemical inputs for the domestic industry, reduce cost pressures on down ...Read More >

NewsDrum - Business - News Image
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BusinessApr 02, 2026 09:50 AM

Govt exempts critical petrochemical products from customs duty amid West Asia crisis

New Delhi, Apr 2 (PTI) The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the fina ...Read More >

The Hans India - Business - News Image
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BusinessMar 31, 2026 10:32 AM

Kishan Reddy affirms energy security amid global conflicts

Hyderabad/New Delhi: Union Coal Minister Kishan Reddy assured the Rajya Sabha that India's coal sector remains resilient despite global geopolitical tensions. Responding to unstarred questions, he emphasised that domestic production has crossed one billion tonnes for the second consecutive year, ensuring energy security and minimising dependence on imports. With 165 million tonnes of coal stock at mines and 54 million tonnes at thermal power plants, an uninterrupted supply to power and industria ...Read More >

NewsDrum - Business - News Image
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BusinessDec 01, 2025 06:19 PM

Son alleges negligence by hospital after missing man's body found in Kochi, HC seeks report

Kochi, Dec 1 (PTI) The son of a Bengaluru native, whose suspected body was found in a forested area near the HMT premises here, alleged on Monday that his father's death was due to the negligence of Ernakulam Government Medical College authorities. The Kerala High Court sought a report from the police. Santon told reporters that Suraj Lama (59), who suffered from memory loss, would not have died had they not discharged him. Lama, who ran a restaurant in Kuwait, reportedly developed memory imp ...Read More >

Splash247 - Business - News Image
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BusinessNov 11, 2025 12:08 AM

India's revived yard lands $220m Norwegian chemical tanker deal

Swan Defence and Heavy Industries (SDHI) has secured its first major shipbuilding deal since taking over and reviving the Pipavav shipyard, signing a letter of intent (LoI) with Norway's Rederiet Stenersen for the construction of six 18,000 dwt chemical tankers worth about $220m. The agreement includes an option for six additional vessels of the same class. The IMO Type II ships will be built at SDHI's Pipavav facility in Gujarat, India's largest shipyard by dry dock capacity, which restarted o ...Read More >

Abtak.com - Business - News Image
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BusinessNov 07, 2025 10:46 PM

India transitioning to fuel-exporting nation: Nitin Gadkari

India is moving towards becoming a fuel exporter. This shift is powered by increased production and use of ethanol, methanol, and green hydrogen. Union Minister Nitin Gadkari highlighted this during an event. He also emphasized the government's focus on road safety and modern infrastructure development. This strategy aims to create jobs and boost India's economy. Union minister Nitin Gadkari on Friday said India is transitioning from a fuel-importing to a fuel-exporting nation, driven by the gr ...Read More >

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