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New Delhi, April 1 (SocialNews.XYZ) Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review measures taken by various Ministries/Departments and also discussed further initiatives to be taken in the context of the ongoing West Asia conflict. Prime Minister directed all concerned departments to take all possible measures to ameliorate the problems of citizens and sectors affected by the ongoing global situation. PM Modi assessed t ...Read More >
New DelhI [India], April 1 (ANI): Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review measures taken by various ministries and departments and also discussed further initiatives to be taken in the context of the ongoing West Asia conflict. Cabinet Secretary briefed about the action taken to ensure supply of petroleum products, particularly LNG/LPG, and sufficient power availability, an official release said. Sources are being ...Read More >
NEW DELHI, April 1 (Xinhua) -- The price of commercial cooking gas, or Liquefied Petroleum Gas (LPG), was hiked by 195.50 Indian Rupees (around 2.09 U.S. dollars) per cylinder of 19 kg in India with effect from Wednesday, owing to rising global oil prices amid the Middle East conflicts. The commercial LPG was used for cooking purposes in hotels and restaurants. The price of a domestic LPG cylinder of 14.2 kg, however, remained unchanged at 913 Indian Rupees (around 9.77 U.S. dollars). After th ...Read More >
New Delhi (IANS): PSU oil marketing giant Indian Oil Corporation (IOC) has raised the prices of its premium fuels in the national capital, though prices for standard auto fuels remain unchanged. IOC now prices XP100 petrol at Rs 160 per litre, up from Rs 149. Luxury vehicle owners and high-performance motorcyclists typically use this high-octane fuel to boost engine efficiency. Similarly, the company increased the price of Xtra Green diesel (premium diesel) to Rs 92.99 per litre in Delhi, up fr ...Read More >
New Delhi, April 1: PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital. XP100 petrol is now priced at Rs 160 per litre, up from Rs 149 earlier. The high-octane fuel is primarily used in luxury vehicles and high-performance motorcycles to enhance engine efficiency. Similarly, the company has raised the price of Xtra Green diesel (premium diesel), which now costs Rs 92.99 per litre in Delhi, compared to Rs 91.49 previously. H ...Read More >
New Delhi, April 1 (SocialNews.XYZ) PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital. XP100 petrol is now priced at Rs 160 per litre, up from Rs 149 earlier. The high-octane fuel is primarily used in luxury vehicles and high-performance motorcycles to enhance engine efficiency. Similarly, the company has raised the price of Xtra Green diesel (premium diesel), which now costs Rs 92.99 per litre in Delhi, compared to Rs 91 ...Read More >
New Delhi, March 31 (SocialNews.XYZ) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday. More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, ...Read More >
New Delhi: The India-Oman Free Trade Agreement (FTA) opens significant opportunities across sectors including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components, commerce and industry minister Piyush Goyal said on Wednesday while addressing the India-Oman Business Forum in Muscat. The pact will be signed in the presence of Prime Minister Narendra Modi on Thursday in Oman. "The sky is the limit in terms of potential, particularly with ...Read More >
India's exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in India's total outbound shipments in November and 2.62% in April-November. New Delhi: Led by engineering goods, chemicals and farm products, India's merchandise exports to the US rose 11.38% on-year in April-November FY26 at $59.04 billion, reflecting strong momentum in India-US trade ties, data release ...Read More >
New Delhi, Dec 16 (PTI) Petroleum products, and electronic goods are helping India increase its exports to China, with which it has a huge trade deficit of about USD 100 billion, according to the commerce ministry data. India's exports to China rose from USD 9.20 billion in April-November 2024 to USD 12.22 billion in April-November 2025, an increase of 32.83 per cent year-on-year. Petroleum products emerged as the largest contributor in the exports to China. It was followed by electronic goods ...Read More >
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 >
BPCL Unveils 'Zero Ka Dum' Certification Drive, Setting New Benchmarks in Operational Excellence Sanjay Khanna, C & MD and Director (Refineries), BPCL 5 min read Last Updated : Oct 18 2025 | 7:20 PM IST NewsVoir Mumbai (Maharashtra) [India], October 18: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and one of India's leading integrated energy enterprises, has achieved a significant milestone in its LPG business with the nationwide expansion of the 'Zero Ka Dum' (Z ...Read More >
New Delhi: India's exports to the US fell nearly 12% to $5.5 billion in Sept, the first full month since 50% tariffs were imposed by US President Donald Trump on all shipments from Aug 27.But overall exports held steady, rising 6.7% to $36.4 billion in Sept, while imports jumped 16.7% to a record $68.53 billion -- a shade higher than Aug 2024 level of $68.51 billion. As a result, trade deficit ballooned to $32.1 billion, a 13-month high.Imports rose as fertilizer shipments surged three times to ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. Also Read | TCS Layoffs: ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. "The index is compiled w ...Read More >
New Delhi [India], September 29 (ANI): India industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. The index is compiled with ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, as measured by the Index of Industrial Production (IIP), rose to a seven-month high of four per cent in August 2025, driven largely by strong growth in the mining and electricity sectors, according to a press release by the PHD Chamber of Commerce and Industry (PHDCCI). The mining sector registered a robust growth of 6 per cent in August, rebounding from a negative 7.2 per cent year-on-year growth in July 2025, while electricity ...Read More >
India's goods exports increased 6.7 per cent (year-on-year) in August 2025 to $35.10 billion fuelled by sectors such as gem & jewellery, engineering, electronics and petroleum products. Shipments to Washington continued to be front-loaded by exporters to avoid the brunt of US tariffs but there was a slowdown compared to the previous months, per data released by the Commerce & Industry Ministry on Monday. Trade deficit narrowed significantly to $26.49 billion in August 2025, from $35.64 billion ...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 >
Amidst US criticism over Russian oil imports, India's Oil Minister Hardeep Puri defended the country's energy strategy, arguing that it stabilises global markets and prevents price surges. Puri refuted claims of undermining sanctions, highlighting adherence to international rules and legal transactions. Amid continuing criticism of India by Trump and his officials over oil purchases from Russia, Oil minister Hardeep Puri on September 1 came up with a strong rebuttal, countering US rhetoric with ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped insi ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shipp ...Read More >
New Delhi, Jul 6 (PTI) With India setting its red lines on key issues in sectors such as agriculture and dairy for the proposed interim trade agreement with the US, the ball is now in Washington's court to finalise the deal, sources said. They said if issues are settled, an interim trade pact could be announced before July 9, which marks the end of the 90-day suspension period of the Trump tariffs announced on April 2 on dozens of countries, including India. Also Read | PM Modi in Brazil for B ...Read More >
New Delhi: Starting July 2025, goods and services tax or GST compliance will undergo a shift with two key changes -- locking of GSTR-3B forms and a three-year deadline for filing returns. These changes, introduced by the GST Council, aim to improve accuracy and transparency in return filing, while reducing mismatches and fraudulent claims. The move is aimed at ensuring consistency between GSTR-1 (which records outward supplies) and GSTR-3B (used to pay tax), reducing revenue leakages due to mism ...Read More >
New Delhi: With 15 million registered taxpayers and robust growth in the revenue receipts, the Goods and Services Tax (GST) ecosystem is continuing to evolve with a focus on ease of doing business, better compliance and wider economic participation, the finance ministry said on Monday as the indirect tax system completed eight years. Annual revenue from GST, introduced on 1 July 2017, has doubled to ₹22.08 trillion in FY25 from five years ago and micro, small and medium enterprises are finding ...Read More >
New Delhi, Jun 30 (PTI) The GST Council, comprising finance ministers from the Centre and states, should simplify compliance, reduce tax slabs to three, and broaden the base by bringing petroleum products under GST, a PwC India report said on Monday. Goods and Services Tax (GST), launched on July 1, 2017, completes eight years on Monday. GST subsumed about 17 local taxes and 13 cesses into a five-tier structure, simplifying the tax regime. Over the last 8 years, the average monthly GST collect ...Read More >
New Delhi [India], June 4 (ANI): According to a joint report by Moody's Ratings & ICRA, highlights that India will require a huge investment in order to meet ambitious 2070 net-zero emissions norms particularly in the power sector. The report projects that over the next decade, these investments are projected to constitute 2 per cent of country's real GDP for the electricity value chain, encompassing power generation, storage, transmission and distribution.The report also suggests that the coun ...Read More >
New Delhi, Dec. 17: India's exports in November contracted by 4.85 per cent year-on-year to USD 32.11 billion, and trade deficit widened to an all-time high of USD 37.84 billion due to record surge in gold points. This development follows after India recorded double-digit growth in exports in October. According to the commerce ministry data, imports rose by 27 per cent year-on-year to a record USD 69.95 billion in November due to high inbound shipments of vegetable oil, fertiliser, and silver. ...Read More >
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