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GREATER NOIDA:Multiple domestic cylinders and equipment used for unauthorised gas transfer were seized in Greater Noida late Monday as a joint team of the supply department and police busted an illegal liquefied petroleum gas (LPG) refilling operation in Dadri, said officials on Tuesday, adding that one person has been arrested in the case. The raid was conducted at a house in Tulsi Vihar colony near Natthu Chowk, they said. "The accused was found engaged in unauthorised transfer of LPG from d ...Read More >

New Delhi: In a significant development, Iran's Ambassador to Pakistan, Reza Amiri Moghadam, has deleted a post in which he had earlier claimed that Tehran's negotiating team would arrive in Islamabad on Thursday night. The post, shared on X, did not specify the members of the delegation and was removed shortly after being published, without any official explanation. The now-deleted post had earlier indicated that an Iranian delegation would travel to Islamabad for discussions linked to a prop ...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. "In March, we connected ...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. It stated, "Green Asha --an India-flagged LPG vessel that has successfully crossed ...Read More >

New Delhi [India], April 9 (ANI): Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, on Thursday said that the LPG supply situation in the country remains normal, with vessels continuing to arrive via the Strait of Hormuz despite recent geopolitical tensions. Speaking with the media, Mittal said there is no shortage of LPG in the country, and domestic supplies are fully stable. Also Read | Ai+ PulseTab Price in India, Specifications and Features. "I don't see any problem anywher ...Read More >

New Delhi, Apr 9 (PTI) India's diversification of energy sources and enhancing access to critical minerals are crucial for the country's economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday. Addressing the AIMA Leadership Conclave, Narendran termed India's energy and critical minerals diversification move as a "layered vulnerability". "The challenge is obvious while we are diversifying our sources of energy and critical mine ...Read More >

New Delhi [India], April 9 (ANI): Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, on Thursday said that the LPG supply situation in the country remains normal, with vessels continuing to arrive via the Strait of Hormuz despite recent geopolitical tensions. Speaking with the media, Mittal said there is no shortage of LPG in the country, and domestic supplies are fully stable. "I don't see any problem anywhere. All domestic supplies are at 100 per cent," he said, adding that aro ...Read More >

A large share of LPG-run autorickshaws has been forced off the roads as drivers struggle to access fuel. In contrast, CNG-operated autos have continued to function, becoming the primary option for many passengers during the disruption. The shortage intensified late last week when one of the few functioning LPG outlets in central Bengaluru ran out of stock, with officials indicating that replenishment would not be immediate. Drivers described a system driven by uncertainty, where information abo ...Read More >

DEFENCE MINISTER Rajnath Singh on Wednesday chaired the third meeting of the Informal Group of Ministers (IGoM), which was briefed about the easing of energy prices in the backdrop of the ceasefire that was agreed upon by Iran and the US on Wednesday after weeks of tensions in West Asia. In a statement issued late Wednesday, the Ministry of Defence said the Ministers in the IGoM - formed to take stock of India's readiness in view of the recent developments in West Asia - were informed that key ...Read More >

Mumbai: Even as a fragile peace holds on between the US and Iran despite the mayhem orchestrated by Israel in Lebanon through relentless bombings on April 8, the events that led to the temporary ceasefire have put peacebroker Pakistan in the scanner regarding its exact role. What raised eyebrows was when a tweet in 'draft' mode went out from the official X handle of Pakistan Prime Minister Shehbaz Sharif announcing the ceasefire. On deeper examination, it is obvious that Sharif's tweet included ...Read More >

Mumbai, Apr 9 (PTI) Equity benchmark indices Sensex and Nifty slumped on Thursday afternoon trade after an impressive rally in the previous session as fresh tensions in West Asia threatened the ceasefire reached between the US and Iran. Weak trends in Asian markets and unabated foreign fund outflows also drove the markets lower. The 30-share BSE Sensex dropped 938.55 points or 1.21 per cent to hit an intra-day low of 76,624.35. The 50-share NSE Nifty declined 237.9 points or 0.99 per cent to 2 ...Read More >
New Delhi: The MEA released a statement in reaction to the recent ceasefire announced between the United States and Iran welcoming the ceasefire and hoping that it would lead to lasting peace in West Asia. "The conflict has already caused immense suffering to people and disrupted global energy supply and trade networks. We expect that unimpeded freedom of navigation and global flow of commerce would prevail through the Strait of Hormuz," the statement said. It added "India has always been in fa ...Read More >
MUMBAI: In a significant boost to India's energy security amid escalating tensions in West Asia, the India-flagged LPG carrier Green Asha docked safely at Jawaharlal Nehru Port Authority (JNPA) on Tuesday, becoming the first such vessel to reach the port since the outbreak of the ongoing conflict involving Iran, the United States and Israel.Carrying 15,400 tonnes of LPG, the vessel navigated the strategically critical Strait of Hormuz -- a chokepoint for global energy supplies -- before berthing ...Read More >
PUNE: A few hours before the deadline for withdrawal of nominations for the bypolls, NCP (SP) chief Sharad Pawar 'advised' the Congress party to withdraw its candidate from the Baramati seat and support NCP chief Sunetra Pawar. Earlier, Sharad Pawar had said there was nothing wrong with the Congress contesting the Baramati seat. However, on the last day for withdrawal, he appealed to his alliance partner at both the Centre and state levels to step aside. "Maharashtra lost a talented politician l ...Read More >

New Delhi, April 9 (SocialNews.XYZ) Global crude oil prices surged sharply on Thursday amid fears that supply from West Asia may not fully resume, as doubts persist over whether the two-week ceasefire between the US and Iran will hold, with the crucial Strait of Hormuz reportedly remaining restricted. Brent crude futures jumped as much as 3.31 per cent to $97.89 per barrel at 9:06 am. The US West Texas Intermediate (WTI) crude traded at $98.38, up 4.2 per cent from the previous close. Crude oi ...Read More >

Mumbai, Apr 9 (PTI) The rupee depreciated 17 paise to 92.71 against US dollar in early trade on Thursday as the fragile ceasefire and Iran's threat to step out of the talks if Israel kept bombing Lebanon kept investors wary. Forex traders said markets are in a wait-and-watch mode rather than strong directional positioning as the situation in West Asia remains fragile. Geo-Political uncertainty was still high amid Iran's threat to step out of the talks if Israel kept bombing Lebanon, keeping in ...Read More >

Mumbai: In a major development for India's energy supply chain, Jawaharlal Nehru Port Authority (JNPA) near Mumbai on Thursday received 'Green Asha,' an India-flagged LPG vessel that successfully navigated the strategically sensitive Strait of Hormuz. The vessel has docked at the liquid berth operated by BPCL-IOCL. The vessel carried approximately 15,400 tonnes of liquefied petroleum gas (LPG), a crucial fuel widely used for domestic and commercial purposes across India. Officials confirmed tha ...Read More >

Thane, Apr 9 (PTI) Jawaharlal Nehru Port Authority on Thursday said it received an India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) that successfully crossed the Strait of Hormuz amid the West Asia conflict. JNPA described the development as notable in the backdrop of the war involving Iran, the United States and Israel. "Today, JNPA proudly welcomed Green Asha -- an India-flagged LPG vessel that has successfully crossed the Strait of Hormuz, and has moored at JNPA' ...Read More >

Mumbai: Equity indices in Asia were under pressure on Thursday after Iran said the US violated the recently announced two-week ceasefire. Iran closed the Strait of Hormuz less than 24 hours after agreeing to a ceasefire with the US. Following this, the June contract of Brent Crude oil futures rose by 2% to nearly $97 per barrel. South Korea's benchmark index Kospi declined the most among its peer indices, after gaining for the previous four straight sessions. Japan's benchmark index Nikkei 225, ...Read More >

New Delhi: India on Wednesday welcomed the temporary ceasefire between the United States and Iran announced by both sides and expressed hope in unimpeded freedom of navigation through the Strait of Hormuz. "We welcome the ceasefire reached and hope that it will lead to a lasting peace in West Asia. As we have continuously advocated earlier, deescalation, dialogue and diplomacy are essential to bring an early end to the ongoing conflict," the Ministry of External Affairs said in a statement. ...Read More >

Kolkata: On Wednesday, the World Bank has raised India's GDP growth rate projection for FY27 to 6.6%. This constitutes an upward revision that comes amid the West Asia crisis. In January, in its Global Economic Prospects report, the World Bank projected that India's GDP will grow by 6.5% in FY27. The rate of GDP growth in India has been pegged at 6% by Moody's and 6.1% by OECD (Organisation for Economic Co-operation and Development). The common factor for each of these organisations was the impa ...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 >
India's energy outlook improves as a ceasefire between Iran and the US brings down crude oil prices. The critical Strait of Hormuz is reopening, easing concerns over energy imports. India had faced supply disruptions for LPG and natural gas. Efforts are underway to free stranded Indian vessels. New Delhi, India's energy outlook brightened on Wednesday after a fragile ceasefire between Iran and the US triggered a sharp drop in crude prices and reopened hopes of supply normalization through the w ...Read More >

Kolkata, Apr 8 (PTI) Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected to stabilise at the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. Dev said the currency had faced pressure due to global uncertainties, including the recent conflict between the United States ...Read More >

External affairs minister S Jaishankar will visit Mauritius and the United Arab Emirates (UAE) this week to bolster bilateral relations. Jaishankar will travel to Mauritius on April 9-10 to participate in the Indian Ocean Conference and deliver the keynote address, the external affairs ministry said on Wednesday. Jaishankar will meet the leadership of Mauritius and review the entire spectrum of bilateral ties. He is also expected to hold discussions with counterparts from other participating n ...Read More >

Kalyan Jewellers posts 64% Q4 revenue growth driven by strong wedding and festive demand, with robust same-store sales and rising traction in its digital platform. Kalyan Jewellers on Tuesday said that it saw a consolidated revenue growth of 64% in the March quarter (Q4FY26), as wedding and festive demand remained strong. The disclosure was made in its latest business update for the period. The strong buying sentiment comes at a time when gold prices have remained volatile. Kalyan Jewellers is ...Read More >

Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. Moody' ...Read More >

New Delhi [India], April 9 (ANI): Former Diplomat Ashok Sajjanhar said that "whenever there's a tentative agreement", all parties claim victory, which he said has happened in the US-Iran temporary ceasefire, while seeing no clear winner of the war. Speaking with ANI, Ashok Sajjanhar said, "Whenever there is a tentative agreement, all the parties claim that they have won. Iran will claim that it has won. The United States has to claim that it has won, and Israel will claim it has won." "All the ...Read More >
Mumbai: India's equity indices shot up 4% - marking the highest single-day gain by the Sensex in five years and the strongest rally by the Nifty in 11 months - swept up in the wave of relief that propelled financial markets across the world on Wednesday after the US-Iran ceasefire was announced. The rupee strengthened and government bond yields eased. Gold and silver rose. The two-week pause in West Asia hostilities, which paves the way for the reopening of the Strait of Hormuz, sent oil prices ...Read More >

New Delhi [India], April 9 (ANI): The Informal Group of Ministers (IGoM), headed by Defence Minister Rajnath Singh, took stock of India's readiness in view of the recent developments in West Asia during its third meeting at Kartavya Bhawan-2, New Delhi, on April 8, the government said in a release. Minister of Finance & Corporate Affairs Nirmala Sitharaman; Minister of External Affairs S Jaishankar; Minister for Agriculture & Farmers' Welfare and Rural Development Shivraj Singh Chouhan; Ministe ...Read More >
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