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New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
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, Apr 9: Silver prices declined by Rs 7,800 to Rs 2.43 lakh per kilogram in the national capital on Thursday, while gold fell to Rs 1.54 lakh per 10 grams as investors booked profits amid concerns over the durability of the fragile ceasefire in West Asia. Sharp decline in domestic bullion prices According to the All India Sarafa Association, the white metal depreciated by Rs 7,800, or 3.10 per cent, to Rs 2,43,200 per kg (inclusive of all taxes) from Wednesday's closing level of Rs 2, ...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 >
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 >
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 >
New Delhi, Apr 9 (PTI) Silver prices declined by Rs 7,800 to Rs 2.43 lakh per kilogram in the national capital on Thursday while gold fell to Rs 1.54 lakh per 10 grams as investors booked profits amid concerns over the durability of the fragile ceasefire in West Asia. According to the All India Sarafa Association, the white metal depreciated by Rs 7,800, or 3.10 per cent, to Rs 2,43,200 per kg (inclusive of all taxes) from Wednesday's closing level of Rs 2,51,000 per kg. Gold of 99.9 per cent ...Read More >
New Delhi [India], April 9 (ANI): The Centre on Thursday said it has intensified monitoring of LPG supply across the country, conducting over 1.16 lakh raids so far and suspending around 53 LPG distributors for violations, even as it maintained that there is no shortage of domestic LPG. Speaking during the daily Inter-Ministerial Briefing on developments in West Asia, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said strict enforcement measures are being undertaken to ...Read More >
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 >
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], 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 >
Mumbai, April 9: The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensions impacting investor sentimen ...Read More >
According to the Indian Embassy, the discussions were wide-ranging and built on ongoing dialogue between the two sides. India's Foreign Secretary Vikram Misri met senior officials from the United States Department of Defense and the United States Department of Commerce during a three-day visit, holding discussions aimed at strengthening defence and trade relations while reviewing key global developments. During the visit, Misri held meetings with Under Secretaries Michael Duffey and Elbridge C ...Read More >
New Delhi [India], April 9 (ANI): The Centre on Thursday said it has intensified monitoring of LPG supply across the country, conducting over 1.16 lakh raids so far and suspending around 53 LPG distributors for violations, even as it maintained that there is no shortage of domestic LPG. Speaking during the daily Inter-Ministerial Briefing on developments in West Asia, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said strict enforcement measures are being undertaken to ...Read More >
New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Also Read | Max Verstappen's F1 Retirement Speculation Intensifies Amidst Ongoing Red Bull Engineer Exit Rumo ...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, Apr 9 (PTI) Silver prices retreated by Rs 2,895 to Rs 2.37 lakh per kilogram in futures trade on Thursday, tracking weak global trends and profit booking after recent gains. On the Multi Commodity Exchange, the white metal for May delivery declined by Rs 2,895, or 1.21 per cent, to Rs 2,37,023 per kilogram in a business turnover of 5,793 lots. Analysts said silver witnessed selling pressure following a sharp rally triggered by easing geopolitical tensions in West Asia. Silver saw a ...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 >
Ludhiana, Apr 9 (PTI) The country's merchandise exports are expected to register a fall of 2-3 per cent in 2025-26 due to global economic uncertainties, aggravated by the West Asia crisis, according to FIEO. Federation of Indian Export Organisations (FIEO) President S C Ralhan said that the crisis may have led to a decline in shipments by 7-8 per cent in March. The joint attack launched by the US and Israel on Iran on February 28 severely disrupted the country's exports to West Asia, pushed up ...Read More >
New Delhi, Apr 9 (PTI) Gold prices pared early losses to trade higher at Rs 1.51 lakh per 10 grams in futures trade on Thursday, supported by cautious buying amid a fragile ceasefire between the US and Iran. On the Multi-Commodity Exchange, the yellow metal contract for June delivery opened lower, but later reversed losses to trade in the green territory. The most traded June contract for gold rose Rs 211, or 0.14 per cent, to Rs 1,51,987 per 10 grams in a business turnover of 7,421 lots. Ana ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensio ...Read More >
Srinagar, April 9: Jammu and Kashmir Chief Minister Omar Abdullah said on Thursday that the US President Donald Trump cannot be trusted and perhaps he himself doesn't know what he intends to do. Talking to the media here, Omar Abdullah said, "Perhaps he (Donald Trump) doesn't himself know what he is doing. He says one thing in the morning, another in the afternoon and something else in the evening." CM Abdullah said he had also said in the past that Donald Trump cannot be trusted. He said Trump ...Read More >
This assembly election - Kerala votes today - is an existential battle for the Congress and the United Democratic Front it heads. On the one hand, it faces a formidable challenge from the CPI(M)-led Left Democratic Front that seeks a Congress-mukt (free) Kerala; on the other hand, it must fend off a rising Bharatiya Janata Party that eyes the party's Hindu voters in its pursuit of building a pan-Indian Hindu electorate and a Congress-mukt Bharat. An embattled Congress has sought to survive this ...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 >
Visakhapatnam: Two Iranian sisters studying in Visakhapatnam, Andhra Pradesh, are urgently seeking help as they face financial hardship and uncertainty after losing contact with their families amid the West Asia crisis. Jinab Mohammadi and Solmaz Mohammadi had come to India for education and a better future. Residing in PM Palem, the duo is currently pursuing B.Pharma while raising their young children. Jinab has a son and a daughter, while Solmaz is a mother to a young boy. As their course ne ...Read More >
New Delhi [India], April 9 (ANI): An India-flagged LPG vessel 'Green Asha' carrying 15,400 tonnes of LPG has successfully crossed the Strait of Hormuz and reached Jawaharlal Nehru Port Authority (JNPA), marking a key milestone amid ongoing geopolitical tensions in West Asia. According to a government statement shared on social media, the vessel has moored at JNPA's liquid berth operated by BPCL-IOCL on Thursday. Also Read | David Miller in Tears: DC Batter Spotted Crying in Dressing Room After ...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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