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BPCL has appointed Sanjay Khanna as its Chairman & Managing Director, effective April 9, 2026, until his superannuation on May 31, 2029. Khanna, a Chemical Engineering graduate with over three decades of experience, previously served as Director (Refineries) and held additional charge as CMD. He has been instrumental in commissioning key projects and BPCL's significant investment plans. Bharat Petroleum Corporation Limited on Thursday said the Appointments Committee of the Cabinet (ACC) has app ...Read More >
Bhubaneswar: To improve last-mile delivery of cooking fuel and resolve recent distribution challenges, the Odisha government has announced that 5-kg LPG cylinders under the Centre's Free Trade LPG (FTL) scheme will soon be widely available at petrol pumps, authorised LPG agencies, and special distribution camps across the state. State Food Supplies and Consumer Welfare Minister Krushna Chandra Patra made the announcement, addressing confusion over the availability of smaller cylinders following ...Read More >
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 >
Gurugram, Haryana, India (NewsVoir) In Vietnam, EVs have quietly moved from fringe to mainstream. At the center is VinFast, building not just vehicles but the full system that makes electric mobility practical, affordable, and increasingly hard to ignore. There was a point in time when electric vehicles weren't just a relative novelty, but were actually a preferred choice, at least in the U.S., where they first gained traction. Even back in the 1990s, people were already aware of the benefits o ...Read More >
India's petroleum sector remains well supplied with LPG and crude inventories even amid the current geopolitical uncertainties, said Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas. Addressing a press conference on Thursday, Sharma said, "As you are aware, LPG supply has been affected due to the present geopolitical situation, and nearly 60% of the country's LPG requirement is met through imports. In view of this, domestic consumers have been prioritised, and 100% su ...Read More >
New Delhi: India's petroleum sector remains resilient despite ongoing geopolitical tensions impacting global energy supply chains, with the government asserting that domestic LPG and fuel availability remains stable and well-managed. Addressing a press briefing on Thursday, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said that while international disruptions have affected imports, the government has taken proactive steps to shield domestic consumers. "Nearly 60 ...Read More >
MUMBAI: Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to close with deep cuts on Thursday after investors pared exposure to financial, banking, and IT stocks as renewed tensions in West Asia faded the ceasefire-led optimism. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic market. Snapping its five-session winning run, the 30-share BSE Sensex dropped 931.25 ...Read More >
Kolkata, Apr 9 (PTI) Air-conditioning and commercial refrigeration major Blue Star Limited expects around 20 per cent growth in volumes and about 25 per cent revenue growth this year, its managing director B Thiagarajan said on Thursday. He said the air-conditioning industry is currently facing a total cost impact of around 13 per cent, comprising 5 per cent from revised energy labelling norms and about 8 per cent due to higher raw material prices. "Out of this, the industry has already passed ...Read More >
New Delhi, Apr 9 (PTI) Oil Minister Hardeep Singh Puri will undertake a two-day visit to Qatar, India's largest supplier of liquefied natural gas and cooking gas LPG, which had halted supplies following the outbreak of the conflict in the Middle East. The visit on April 9-10 follows a tentative US-Iran ceasefire that has rekindled hopes of resumption of energy supplies from the region. "Union Minister for Petroleum & Natural Gas, Shri Hardeep S Puri, will be on an official visit to the State o ...Read More >
NEW DELHI, April 9 (Reuters) - India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among econo ...Read More >
Khatima (Uttarakhand) [India], April 9 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated the CSD Canteen and Soldiers' Welfare Centre in Khatima, Udham Singh Nagar District, on Thursday. "In Khatima, Udham Singh Nagar, on the death anniversary of the revered father Late Shri Sher Singh Dhami Ji, the families of those brave warriors who sacrificed everything in service to Mother India, along with 60 valiant women and 80 brave soldiers, were honored at the 'Soldiers' Salute Ceremo ...Read More >
Mumbai, Apr 9 (PTI) Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to close with deep cuts on Thursday after investors pared exposure to financial, banking, and IT stocks as renewed tensions in West Asia faded the ceasefire-led optimism. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic market. Snapping its five-session winning run, the 30-share BSE Sensex dro ...Read More >
NEW DELHI: India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among economies most exposed to ...Read More >
A 31-year-old man died during treatment on Wednesday, a day after he was injured when security forces allegedly opened fire at people protesting the killing of two Meitei siblings on Tuesday, taking the death toll to three. Wanghengbam Bobby, from Bishnupur district, was undergoing treatment at the Regional Institute of Medical Sciences (RIMS), Imphal. He sustained a bullet injury to his torso, an officer said. A suspected rocket strike killed a five-year-old boy and his six-month-old sister i ...Read More >
US President Donald Trump's $100,000 fees hike for specific H-1B visa hires has sparked debate among various industry representatives, with many expressing their views on its effects on the US economy. Xavier Fernandes, the founder of the immigration agency Y-Axis, stated that the policy might be more detrimental to the US than beneficial. In an interview with CBS News programme on India's IT sector and H-1B visas, Fernandes said, "It's definitely America's loss. Many CEOs are from Hyderabad. ...Read More >
MUMBAI: Equity benchmark indices ended lower on Thursday, with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed the Strait of Hormuz again in response to Israeli attacks on Lebanon. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic ma ...Read More >
NEW DELHI: Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07 percent, at $96.71 a barrel at 06:25 a.m. Saudi time, while US West Texas Intermediate crude rose $2.60, or 2.75 percent, to $97.01 a barrel. However, analysts said market participants are hesitant to fully unwind pricing for geopolitical risk, and there is no clar ...Read More >
India shifts stranded LPG cargoes amid West Asia disruptions Green Asha, an India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) that had successfully crossed the Strait of Hormuz earlier this week, arrived at Mumbai's Jawaharlal Nehru Port Authority (JNPA) on April 9, the port said in a statement. The arrival of the tanker is expected to boost India's efforts to secure adequate energy supplies. The port described the development as significant, coming amid the ongoing ...Read More >
New Delhi, Apr 6 (PTI) Silver prices jumped Rs 2,273 to Rs 2.34 lakh per kilogram in futures trade on Monday, tracking firm global trends amid geopolitical tensions in West Asia. On the Multi Commodity Exchange, the white metal for May delivery appreciated by Rs 2,273, or 1 per cent, to Rs 2,34,768 per kg. Analysts said the gains in silver prices came as investors tracked developments in West Asia following fresh warnings from US President Donald Trump over the Strait of Hormuz. Gaurav Garg, ...Read More >
Mumbai, Apr 9 (PTI) Equity benchmark indices ended lower on Thursday, with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed the Strait of Hormuz again in response to Israeli attacks on Lebanon. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the ...Read More >
Middle East War Impact: The World Bank on Thursday said India is well placed to weather the current global energy shock with ample buffers, including high foreign exchange reserves, fiscal space and low inflation, which will support growth despite global headwinds. Addressing a conference a day after raising India's GDP growth projections for the current fiscal to 6.6 per cent, the World Bank said India had dealt well with the trade turbulence last fiscal and the Indian economy entered the curr ...Read More >
Indian equity benchmarks - Nifty 50 and the BSE Sensex ended lower today, reversing a sharp rally seen in the previous session. The decline was triggered by renewed geopolitical tensions in the Middle East, rising crude oil prices, and persistent foreign investor outflows. Markets had surged on April 8 following news of a temporary two-week ceasefire agreement between the U.S. and Iran, raising hopes of de-escalation. However, sentiment quickly turned negative after reports claimed a breach in ...Read More >
New Delhi: The ripple effects of the ongoing conflict in the Persian Gulf are now being felt far beyond global shipping routes and oil markets, reaching deep into Indian households and kitchens. A sharp spike in cooking gas prices and an emerging shortage of LPG cylinders have forced families, small businesses, and eateries to revert to traditional fuels such as firewood, cow dung, and coal, triggering both economic strain and environmental alarm. Across several parts of the country, the risin ...Read More >
New Delhi, Apr 9 (PTI) The World Bank on Thursday said India is well placed to weather the current global energy shock with ample buffers, including high foreign exchange reserves, fiscal space and low inflation, which will support growth despite global headwinds. Addressing a conference a day after raising India's GDP growth projections for the current fiscal to 6.6 per cent, the World Bank said India had dealt well the trade turbulence last fiscal and the Indian economy entered the current Mi ...Read More >
NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...Read More >
Rahman, a veteran UN diplomat who served as NSA in the interim government led by Muhammad Yunus, will be the first minister to visit India since the Bangladesh Nationalist Party (BNP) swept the general election in February. His delegation includes Humayun Kabir, foreign affairs adviser to the PM and one of the most influential members of Prime Minister Tarique Rahman's inner circle. Doval has played a key behind-the-scenes role in ties with Bangladesh in recent years, and his meeting with Rahma ...Read More >
Addressing a 'Dhanyawad Evam Vikas Rally' in Meham on Sunday, CM Saini pointedly addressed concerns of the farmers about crop procurement. Saini said that the opposition is spreading misinformation about gate passes. "The government has made arrangements to ensure that no farmer faces any difficulties. Duties for crop procurement have been clearly assigned. The interests of farmers are central to our policies," he said. The CM said that the BJP government has given jobs to 1.80 lakh youths afte ...Read More >
New Delhi: India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, reviewed by Reuters. ...Read More >
NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...Read More >
New Delhi [India], April 9 (ANI): Anil Kumar Jain, Chairperson of the Petroleum and Natural Gas Regulatory Board (PNGRB), on Thursday said there has been a significant shift in consumer preference towards piped natural gas (PNG), with adoption rising rapidly across the country. In an exclusive conversation with ANI, Jain said that while compressed natural gas (CNG) continues to expand steadily across cities, PNG has witnessed a sharp increase in demand in recent months. Also Read | Ai+ Nova 2 ...Read More >
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