India Secures Crude Oil, Prioritizes LPG Amid Middle East Tensions
The Indian government reassures citizens about secure crude oil supplies and fair LPG distribution, with officials noting increased production and alternative sourcing routes.
The Indian government reassures citizens about secure crude oil supplies and fair LPG distribution, with officials noting increased production and alternative sourcing routes.
Air India announces phased fuel surcharges on domestic and international flights due to rising aviation turbine fuel prices linked to geopolitical tensions in the Gulf region, with increases starting March 2026.
India relies on a mix of domestic production and imports for its LPG supply, with key sources including the Middle East and the US. The distribution network involves state-owned and private players.
The Iran war is severely disrupting global supply routes, causing panic buying of LPG cylinders and forcing multiple Indian industries to shut down or make major operational adjustments.
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RecommendedPrime Minister Narendra Modi will release the 22nd installment of the PM-KISAN scheme, providing Rs 2000 to farmers' accounts, from Guwahati on March 11, 2026, as part of ongoing agricultural support.
Union Minister Piyush Goyal inaugurated Aahar 2026 at Bharat Mandapam, emphasizing stronger collaboration to position India as a global leader in agricultural and processed food exports.
VNT is advancing energy-efficient solutions for India's telecom networks, focusing on reducing power consumption and operational costs while supporting sustainability goals in the rapidly growing sector.
Mrs. Bector's Food Specialties Ltd. has revolutionized its logistics operations through a partnership with Traqo, enhancing efficiency and reducing costs in its supply chain.
The National Fertilizers Limited (NFL) plant in Bathinda, Punjab, has resumed full-scale operations after a temporary shutdown. The technical director confirmed the restart, citing improved supply chain and maintenance.
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RecommendedA metal stock ended the trading session in the green, bucking the broader market trend where Sensex and Nifty tumbled nearly 2%. Details on the stock's performance and market conditions.
Indian stock markets fell sharply as crude oil prices surged due to escalating tensions in West Asia, with foreign fund outflows and banking stock sell-offs adding to the decline.
A section of hotels in Tamil Nadu has declared a holiday citing a severe shortage of commercial LPG cylinders, with stocks expected to last only one or two days, threatening business sustainability.
Japan has announced the release of its strategic petroleum reserves in response to the escalating conflict involving the US, Israel, and Iran, marking the first G7 nation to take such action to stabilize global oil markets.
A non-banking financial company (NBFC) has approved raising Rs 100 crore through non-convertible debentures (NCDs). The move aims to bolster capital for business expansion and meet regulatory requirements.
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RecommendedThe BSE Sensex dropped 1,342 points and Nifty fell 395 points as crude oil prices surged due to escalating geopolitical tensions in West Asia, impacting investor sentiment.
Renault has revealed the rugged Bridger Concept SUV, featuring a Defender-inspired design and multiple powertrain options. The production model, expected in 2027, will compete with Brezza, Venue, Nexon, and Sonet.
The Indian rupee depreciated by 16 paise to settle at 92.01 against the US dollar, influenced by global market trends and domestic economic factors.
Cashfree Payments has introduced a new marketing initiative, 'One of Your Kind,' focusing on the individuality of each business. The campaign highlights how tailored payment solutions can drive growth and innovation in the digital economy.
The Indian government will decide within 60 days on foreign investments in rare earth permanent magnets from land-bordering countries, aiming to boost domestic production and reduce import reliance.
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RecommendedIndian stock markets witnessed a sharp decline with Sensex and Nifty falling nearly 2% as crude oil prices surged due to escalating geopolitical tensions in West Asia, impacting investor sentiment.
Matrix Partners India announces K-Pop group KATSEYE as its first global brand ambassador, aiming to boost brand visibility and connect with younger audiences worldwide.
The Media Expo Mumbai 2026 will showcase 140 exhibitors, emphasizing digital signage and retail branding solutions, reflecting industry trends toward digital transformation and innovative marketing.
Bharat Forge and Liebherr-Aerospace have inaugurated a state-of-the-art landing gear machining facility in Pune, positioning Bharat Forge as a pioneer in India for OEM-approved aerospace component manufacturing at scale.
Global shipping giant Maersk announces a worldwide emergency bunker surcharge effective March 25, including India, due to the West Asia crisis, pending regulatory approvals.
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RecommendedMoody's reports that Indian fuel retailers are facing significant margin and cash-flow pressures, with India's reliance on West Asian crude and 74-day reserves highlighting economic vulnerabilities.
KPMG introduces 'AI Spark Innovation' awards, offering substantial cash prizes to US advisory employees who develop scalable AI solutions, aiming to foster grassroots innovation.
Delhi CM Arvind Kejriwal warns that the ongoing LPG shortage could lead to nearly 1 crore people losing employment, urging immediate government action to address the crisis.
Gold prices in India displayed a mixed bias on Wednesday with futures contracts slipping on MCX while retail bullion rates edged higher in major cities. Market caution and profit-taking at elevated levels contributed to the subdued momentum in futures tra
Bisleri International has announced a six-year strategic partnership with Procam International to become the hydration partner for India's leading marathons, including Tata Mumbai Marathon and Delhi Half Marathon.
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RecommendedGold prices in India witnessed a sharp decline of Rs 853, settling at Rs 1.62 lakh per 10 grams, driven by a bearish global sentiment and subdued demand in domestic markets.