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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 >
New Delhi [India], April 9: CASE Group, a leading developer of indigenous coal gasification technologies, is strengthening India's industrial energy security through domestically designed gasifier systems. The company's solutions enable industries to replace imported fuels such as furnace oil, LPG, and natural gas with locally available coal. Also Read | Oracle Layoffs: Over 700 Workers Across Redwood City, Santa Clara and Pleasanton in California To Lose Jobs by June 1. The industrial sector ...Read More >
VMPL New Delhi [India], April 9: CASE Group, a leading developer of indigenous coal gasification technologies, is strengthening India's industrial energy security through domestically designed gasifier systems. The company's solutions enable industries to replace imported fuels such as furnace oil, LPG, and natural gas with locally available coal. The industrial sector of India is growing rapidly as the demand for energy in the manufacturing sector increases. Industries are also being impacted ...Read More >
Amid concerns of a possible increase in fertilizer prices on account of the situation in West Asia, the Union Cabinet here on Monday approved an increase of about 12% in nutrient-based subsidy for Phosphatic and Potassic (P&K) fertilizers for the ongoing kharif crop season. Effective April 1 and up to September 30 this year, the tentative budgetary requirement for the subsidy will be ₹ 41,533.81 crore. "This is approximately ₹4,317 crore more than the budgetary requirement for kharif 2025 sea ...Read More >
New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >
New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >
NEW DELHI: As the war in West Asia rages on, External Affairs Minister S Jaishankar on Saturday said the world is increasingly confronted with the task of securing itself in a volatile and unpredictable environment. "The turbulence in the world currently is also structural in many ways. The global order is changing before our very eyes, with visible shifts in the relative power and influence of countries. The politics of some societies find it difficult to come to terms with these changes," Jai ...Read More >
Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >
NEW DELHI: Govt has announced to increase gas supply to urea plants to approximately 90% of their average consumption from Monday, a move that will push productivity to ensure enough availability of the most-used soil nutrient during the upcoming Kharif, and subsequent, Rabi crop season.Currently, the supply of LNG to urea plants is around 70-75% of their last six-month's average consumption. Govt on Saturday said supply will be increased "considering the available inventory and scheduled LNG ca ...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 [India], April 3 (ANI): India's condom market, valued at USD 861 million (approximately Rs 7,100 crore), is facing rising production costs and supply chain uncertainties amid the global war crisis, with industry stakeholders warning of potential shortages and price hikes in key raw materials. Also Read | Delhi Shocker: 18-Year-Old Arrested for Stabbing Man to Death in Shalimar Bagh and Posting Confession on Instagram. According to the sources, "The ongoing global shipping container s ...Read More >
New Delhi [India], April 3 (ANI): Vandana Bharti, AVP and Head of Commodity Research at SMC Global Securities, highlighted that the West Asian war is causing a significant disruption in global crude oil supplies, with 10 million barrels of oil missing from the market daily. Speaking with ANI on Thursday, she also shed light on the volatile shift in the global energy market. After a brief period of optimism earlier this week, the outlook for a ceasefire in the West Asian conflict has dimmed, rep ...Read More >
In Q1 2025, inflows stood at $0.81 billion, followed by a sharp rebound to $1.80 billion in Q2 2025, marking a 122% increase. This was followed by a marginal dip to $1.76 billion in Q3 2025. Investments then surged to $3.73 billion in Q4 2025, before dropping steeply to $1.41 billion in Q1 2026, Vestian said. Despite the sequential decline, Q1 2026 marked the strongest first-quarter performance since 2022. "This highlights strong investor confidence in India's real estate sector, even as global ...Read More >
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 >
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 >
SHILLONG, April 1: Even as officials of the Food, Civil Supplies and Consumer Affairs Department continue to insist there is no shortage of domestic LPG cylinders, Chief Minister Conrad K. Sangma on Wednesday admitted that the state is indeed facing a mild shortage for household use. Speaking to media persons here, the Chief Minister said the state government is actively managing the situation. "There is some shortage but not so much," Sangma remarked, adding that the government is closely mon ...Read More >
The manufacture of condoms relies heavily on two critical inputs: silicone oil (used as a lubricant) and ammonia (essential for stabilising latex). The ripple effects of the ongoing US-Israel-Iran war in the Gulf region are now impacting an unlikely sector - India's Rs 8,000 crore worth condom manufacturing industry. According to a report by The Indian Express, disruptions in petrochemical supply chains have triggered shortages of key raw materials, affecting the country's condom manufacturing ...Read More >
New Delhi [India], April 1 (ANI): India's crude oil inventories remain adequate, with the government securing sufficient supplies for the next two months, said Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, on Wednesday during an inter-ministerial briefing amid the ongoing West Asia crisis. Assuring stability in fuel supply, Sharma said, "Our refineries are operating at the highest levels. There have been no reports of any dry-out at retail outlets." Also Read | Hapur S ...Read More >
New Delhi [India], April 1 (ANI): India's crude oil inventories remain adequate, with the government securing sufficient supplies for the next two months, said Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, on Wednesday during an inter-ministerial briefing amid the ongoing West Asia crisis. Assuring stability in fuel supply, Sharma said, "Our refineries are operating at the highest levels. There have been no reports of any dry-out at retail outlets." Highlighting global ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The Indian real estate sector recorded the highest first-quarter inflow of institutional investments since 2022, valued at $1.4 billion in January-March 2026, a report showed on Wednesday. Despite registering a quarterly decline of 62 per cent due to an exceptionally high base in the preceding quarter, investments surged by 74 per cent over the same period a year earlier, according to a report by Vestian. This highlights strong investor confidence in India's ...Read More >
India raised aviation turbine fuel (ATF) prices for domestic scheduled carriers across metros from April 1. The government said ATF prices were expected to surge over 100% due to global disruptions, but OMCs passed on only a 25% staggered hike to domestic airlines to limit the impact on fares, while non-scheduled operators and charters bear the full increase.The price of aviation turbine fuel (ATF) for domestic scheduled airlines has been increased across metro cities effective April 1, though t ...Read More >
Chennai, April 1 (SocialNews.XYZ) A sharp increase in commercial LPG cylinder prices has come into effect in Chennai from April 1, raising concerns among traders and consumers about a likely surge in food prices across the city. As part of the monthly price revision carried out by oil marketing companies, the cost of a 19-kg commercial LPG cylinder has been increased by Rs 203. The price has risen from Rs 2,043.50 to Rs 2,246.50, marking a significant jump that directly impacts businesses depen ...Read More >
New Delhi: The Department of Fertilisers exchanging Green Ammonia agreements for 11 projects under the National Green Hydrogen Mission will reduce carbon emissions and ensure long-term energy security and self-reliance, said Union Minister of Chemicals and Fertilisers, JP Nadda on Tuesday. He called the exchange of Green Ammonia Agreements a historic step in India's journey towards sustainable fertilizer production, adding that the initiative reflects the government's unwavering commitment to b ...Read More >
New Delhi, Mar 31 (PTI) Domestic green ammonia supply to Indian fertiliser companies under landmark contracts signed this week will not be available before 2028, as producers need to first construct new manufacturing plants, industry executives said on Tuesday. Five fertiliser companies -- IFFCO, Coromandel International, Paradeep Phosphates (PPL), Ostwal and Indorama India -- on Monday signed 10-year agreements to procure 6.7 lakh tonnes of green ammonia annually from five domestic producers u ...Read More >
The longer-term implications are complex. India is achieving its fuel-blending targets, but at the cost of crop diversity. India's farmlands are in the middle of a quiet-but-dramatic shift. New government data show that crops linked to the ethanol economy -- sugarcane and maize -- are steadily expanding, while oilseeds like soybean, a critical crop for the country's edible oil security, are losing ground. This pattern is visible across states, being reinforced by policy incentives guaranteeing ...Read More >
New Delhi, Dec 3 (VOICE) The government has provided special additional packages to farmers over and above Nutrient-Based Subsidy (NBS) to further reduce the price of fertilisers in both the kharif and rabi seasons of 2024, the Parliament was informed on Tuesday.The government has ensured the smooth availability of fertilisers at affordable prices despite recent geo-political situations due to the Russia-Ukraine war by providing special packages over and above the NBS subsidy rates on a need bas ...Read More >
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