NO FUEL PRICE HIKE AS INDIA HAS ADEQUATE STOCKS: MINISTER
NEW DELHI,12 MAY2026 : Minister of Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said India has not increased fuel prices in the last four years and has sufficient stocks of crude oil, LNG and LPG despite the ongoing disruptions around the Strait of Hormuz. Speaking on the sidelines of the CII Annual Business […]
IRAN FORMALISES HORMUZ TOLL PROCESS
NEW DELHI,11 May 2026 : Amid the US and Iranian blockade of the Strait of Hormuz over the standoff to end the war in the Middle East, Tehran has introduced new rules for vessels seeking to transit the strategic waterway and collect a toll from them, according to a shipping journal. Tehran’s move to formalise […]
Beyond the Gavel: Why India’s Mining Revenue Still Falls Short of its Potential
Bhubaneswar, 2MAY2026 , India has apparently lost about three lakh crore in mining revenue in the last 10 years due to the invisible leakages in the ongoing e-auction of mines across the country. Earlier to that between 2005 and 2015, estimates suggest a notional loss of ₹5 Lakh Crore to ₹10 Lakh Crore on current prices […]
A NEW AMERICAN BILL MAY UPEND INDIAN TECHIES’ CAREERS
NEW DELHI,1 May 2026 : For years, Indian students going to America have followed a set path: F-1 student visa, then OPT, and later an H-1B visa. That may soon be off the table, thanks to 35 American lawmakers. For thousands of Indian students and families in Bengaluru and Gurugram who have pledged assets for […]
HAJ AIRFARES HIKED BY RS 10,000 OVER JET FUEL COSTS
NEW DELHI ,1 May 2026 : A political row has broken out over the Haj Committee’s decision to raise airfares by Rs 10,000 per pilgrim this year because of complaints from airlines over increased jet fuel costs. The government has defended the hike by pointing to fighting in the Middle East – the US and […]
GADKARI’S VISION OF 100% ETHANOL BLENDING
NEW DELHI ,22 April 2026: Nitin Gadkari, the Minister of Road Transport and Highways in India, has urged for a strong initiative towards achieving 100 per cent ethanol fuel usage in the country in the near future. His statement was made during the Indian Federation of Green Energy’s Green Transport Conclave. This call for increased […]
FIRE AT RAJASTHAN REFINERY DAY BEFORE ITS INAUGURATION BY PM MODI
NEW DELHI ,20 April 2026 : Twenty four hours before Prime Minister Narendra Modi was scheduled to inaugurate a refinery in Rajasthan, a massive fire broke out at the facility, sending huge black clouds of smoke in the air. The refinery, India’s first greenfield integrated Refinery-cum-Petrochemical Complex at Pachpadra in Balotra district, is a joint […]
INDIAN REFINERS SETTLE IRAN OIL DEALS IN CHINESE YUAN
NEW DELHI,18 April 2026 : Indian refiners are making payments using Chinese yuan for the limited cargoes of Iranian oil they are buying under the temporary US sanctions waver. The transactions are being routed through ICICI Bank, a report added. Reacting to this, the government has said that such transactions are entirely within the rules. […]
SANCTIONED TANKER TURNS BACK TO HORMUZ AFTER FAILING IN US BLOCKADE
NEW DELHI,15 April 2026: The US-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a US blockade on vessels calling at Iranian ports. US President Donald Trump announced the blockade on Sunday after weekend peace […]
ANANT SWARUP IS NEW SECRETARY GENERAL OF FICCI
NEW DELHI,15 April 2026 : The Federation of Indian Chambers of Commerce and Industry (FICCI) has appointed Mr Anant Swarup as its Secretary General, effective 14th April 2026, reinforcing the organisation’s senior leadership at a pivotal moment for Indian industry. Mr Swarup brings to the role over three decades of distinguished experience in public policy, […]
