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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): Amid global challenges, India's self-reliance in the production of Rare Earth Elements (REE) is vital for national security and realising the vision of a developed nation, President Droupadi Murmu said during the National Geoscience Awards 2024 at Rashtrapati Bhavan. "Rare Earth Elements are the backbone of modern technology. They power everything from smartphones and electric vehicles to defence systems and clean energy solutions. Given the current geopol ...Read More >
New Delhi [India], September 26 (ANI): Amid global challenges, India self-reliance in the production of Rare Earth Elements (REE) is vital for national security and realising the vision of a developed nation, President Droupadi Murmu said during the National Geoscience Awards 2024 at Rashtrapati Bhavan. Rare Earth Elements are the backbone of modern technology. They power everything from smartphones and electric vehicles to defence systems and clean energy solutions. Given the current geopoliti ...Read More >
Gandhinagar (Gujarat) [India], September 16 (ANI): As Prime Minister Narendra Modi turns 75 on Wednesday, the nation reflects on his transformative impact on India's development. One of his most significant legacies is the Vibrant Gujarat Global Summit, a visionary initiative that was launched in 2003 during his tenure as Chief Minister of Gujarat. According to the release, this summit has been instrumental in attracting investments and fostering economic growth, ultimately enhancing Gujarat's ...Read More >
NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August. India and the United States will "fast-track" trade talks, Rajesh Agarwal, India's chief negotiator and a special secretary in its commerce ministry, told reporters at an event for the release of trade data, but gave no details. U.S. trade repr ...Read More >
India 'Cashes In' On Russia's Oil 'Crisis': How Ukraine's Drone Strikes Are 'Helping' India Tuesday, September 16, 2025 by Indian Defence News India has leveraged the disruption caused by Ukraine's intensified drone attacks on Russian oil refineries, which have significantly reduced Russia's processing capacity and created bottlenecks in global supply. With Russia forced to offload crude at even steeper discounts, India has sharply increased its intake, ensuring both cost savings for its refin ...Read More >
NEW DELHI, Sept 15 (Reuters) - Russian-backed Indian refiner Nayara Energy is seeking Indian government help to source equipment and materials needed for maintenance as European Union sanctions make it difficult to secure key items, three people familiar with the matter said. The private refiner has approached the Centre for High Technology, an advisory body under India's oil ministry, seeking assistance in sourcing specialised equipment, catalysts, and other raw materials, the sources said. N ...Read More >
The Noble Walker, a sanctioned vessel carrying Russian oil, has rerouted to India's Vadinar port after Adani Group banned blacklisted ships from Mundra port. Carrying about a million barrels of Russian crude for HMEL, the vessel was previously headed to Mundra. India has been tightening surveillance on Russian oil vessels after becoming a major buyer. Sanctioned ship Noble Walker carrying Russian oil has changed course to India's Vadinar port after the country's Adani Group banned entry of blac ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
(RTTNews) - Indian shares look set to open on a flat note on Tuesday despite mostly positive cues from global markets. Tariff worries may keep investors on edge after Peter Navarro, Donald Trump's trade adviser, on Monday stepped up his attack on India for its trade policies and oil purchases from Russia. Benchmark indexes Sensex and Nifty ended down around 0.2 percent each on Monday due to profit taking after recent gains. While the Sensex snapped a five-day winning streak, the Nifty index s ...Read More >
SINGAPORE/NEW DELHI: Sanctioned tanker Spartan has discharged Russian crude oil at India's Mundra port despite a ban by the Adani Group on entry of blacklisted ships at the terminal, ship tracking data from LSEG and Kpler showed on Tuesday. The Suezmax tanker discharged 1 million barrels of Urals crude at Indian refiner HPCL-Mittal Energy Ltd's (HMEL) Mundra terminal, Kpler data showed. Spartan, formerly known as SCF Samatlor, has been blacklisted by the European Union and Britain for breachin ...Read More >
MUMBAI: India's palm oil imports jumped in August to their highest level in more than a year, as competitive pricing relative to soyoil prompted refiners to step up purchases ahead of the festive season, a leading trade body says. Higher palm oil imports by India, the world's largest buyer of vegetable oils, are expected to help top producers Indonesia and Malaysia reduce inventories and support benchmark Malaysian palm oil futures. India's palm oil imports in August rose 15.76% to 990,528 ton ...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 >
New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. Also Read | Is Huma Qureshi Engaged to Rumoured Boyfriend Rachit Singh? Engagement Buzz Heats Up After TIFF Debut - Here's Every ...Read More >
New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and opportunities ...Read More >
NewsVoir New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and o ...Read More >
Imphal: Prime minister Narendra Modi said that expert assessments suggest that India's seas may hold substantial reserves of oil and gas. The Prime Minister also mentioned the launch of the National Deepwater Exploration Mission. The Prime Minister inaugurated the Assam Bioethanol Plant and laid foundation stone for the polypropylene plant at Numaligarh Refinery Limited (NRL) at Golaghat in Assam. He announced that projects worth approximately Rs 18,000 crore have been allocated to Assam. He n ...Read More >
GUWAHATI: PM Narendra Modi blamed Congress on Sunday for Assam's ongoing demographic challenges, branding the party "defenders of infiltrators and anti-national forces" and daring it to compare its tenure with BJP's decade-long effort to push back illegal Bangladeshi settlers."Any change to demography is a danger to national security. BJP's objective is to protect the country from infiltrators and restore its integrity," Modi, on the second leg of his northeast trip after visiting Mizoram and Ma ...Read More >
New Delhi, Sep 14 (SocialNews.XYZ) Prime Minister Narendra Modi will inaugurate and lay the foundation stone of major infrastructure and industrial development projects worth over Rs 18,530 crore in Assam on Sunday. As part of his Assam itinerary, PM Modi will arrive in Darrang, where he will address a public gathering and lay the foundation stone for multiple major projects. These include the Darrang Medical College & Hospital, a GNM School and B.Sc. Nursing College, and the ambitious Guwahati ...Read More >
Itanagar, Sep 14 (SocialNews.XYZ) In an outstanding display of operational prowess, the elite troops of the Indian Army's Spear Corps successfully conducted a high-intensity exercise titled 'Dibang Shakti' deep in the challenging terrain of Arunachal Pradesh's Dibang Valley, officials said on Saturday. Defence spokesman Lt Col Mahendra Rawat said that the 'Dibang Shakti' exercise was meticulously designed to test and validate the troops' asymmetric warfare capabilities under extremely demanding ...Read More >
Silchar: Prime Minister Narendra Modi, while attending the 100th birth anniversary celebrations of legendary singer and Bharat Ratna Dr. Bhupen Hazarika in Guwahati on Saturday, said the late maestro played a pivotal role in uniting the people of the Northeast during a turbulent phase of militancy and neglect by the Centre. "There was a time when this part of the country was struggling with militancy and remained isolated. During that period, Bhupen Da (elder brother) wrote songs that bridged t ...Read More >
Bhubaneswar: Vedanta Aluminium, India's largest aluminium producer, has developed a dedicated fitness-cum-amusement park for 700 students of Ramakrishna Mission Ashrama School in Hatamuniguda, Rayagada. The park, equipped with a variety of play and fitness facilities, is designed to promote physical activity, recreation and holistic growth of students. The facility was inaugurated by Mr. Prateek Kumar, Vice President & Head, Vedanta Sijimali Bauxite Mines, in the presence of school authorities. ...Read More >
India's pivotal shift in consolidating a Russia-India-China (RIC) axis, though tactically alluring, risks rendering it more vulnerable and increasingly isolated as a purported leader of the democratic Global South. The Shanghai Cooperation Organisation (SCO) summit in Tianjin, where Prime Minister Narendra Modi walked hand-in-hand with Xi Jinping and Vladimir Putin, crystallised a new phase of India's strategic signalling at a time when our economy is more interlinked with China and Russia than ...Read More >
Prime Minister Narendra Modi is scheduled to embark on a three-day visit from September 13 to Mizoram, Manipur, Assam, West Bengal and Bihar to launch multi-crore infrastructure projects, participate in the birth centenary celebrations of Bharat Ratna Bhupen Hazarika and attend the Combined Commanders' Conference. The PM's tour will begin at Aizawl in Mizoram, where he will lay foundation stones and inaugurate development projects worth over Rs 9,000 crore catering to a host of sectors, includi ...Read More >
NEW DELHI, Sept 11 (Reuters) - India's Adani group has stopped accepting vessels that are sanctioned by the European Union, U.S. and Britain at all of its ports, sources said and orders issued by Adani Ports and Logistics show. No immediate comment was available from Adani. Adani, which operates 14 ports, has issued multiple orders with similar contents. "To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted," it said in the ...Read More >
New Delhi [India], September 12 (ANI): Vivek Vikram Singh, Managing Director and Group CEO of Sona Comstar, has urged the government to hold discussions with China to address the supply constraints around rare earth metals that are vital for the auto component industry. 'We need solutions. The government should talk to the Chinese side and get rid of these rare earth export controls. The interim solution (using rare-earth-free magnets) is not the best solution. This affects us and our customers ...Read More >
Guwahati: Prime Minister Narendra Modi, who will arrive here on a two-day tour to the state on Saturday evening, will pay a special tribute to music maestro and Bharat Ratna Bhupen Hazarika on Saturday. The event will include an 18-minute musical tribute by 1,200 artistes, who will render 14 evergreen songs of Hazarika in a medley.The PM will release a commemorative coin of Rs 100 to honour the legendary singer and a biography of the maestro titled 'Bharat Ratna Bhupen Hazarika.'Modi will arrive ...Read More >
AFC Furniture Solutions, a leader in ergonomic office furniture, unveils its refreshed brand identity. The rebranding emphasizes flexibility, human-centric design, and sustainability, reflecting AFC's evolution and global ambitions. The updated identity maintains the company's core values while positioning it to meet future workspace needs with modern, sustainable solutions. In a significant move, AFC Furniture Solutions has unveiled its refreshed brand identity, signaling an evolution in its a ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
LAGOS/ABUJA/NEW DELHI -- Nigeria has scored a major diplomatic and economic win as Indian Oil Corporation (IOC), Asia's largest state-owned refiner, bypassed U.S. crude in its latest tender and turned instead to 2 million barrels of Nigerian crude grades Agbami and Usan, alongside 1 million barrels of Abu Dhabi's Das crude. The development, though framed as a commercial decision, signals a new chapter in Nigeria's oil diplomacy, positioning Africa's largest producer as a pivotal supplier in the ...Read More >
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