LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRAOMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while dome...
23 Sep, 2026, 06.54 PM IST
Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
23 Sep, 2026, 03.39 PM IST
Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...
23 Sep, 2026, 01.34 PM IST
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
22 Sep, 2026, 06.58 PM IST
India studying details of US tariffs on Russian oil buyers: Piyush GoyalIndia is examining details of potential US tariffs on Russian oil buyers, Piyush Goyal says. Washington is increasing pressure on nations s...
21 Sep, 2026, 06.51 PM IST
Potential US tariffs threaten India's textile, apparel exports after Russia sanctions law: CITI reportPotential US tariffs could significantly harm India's textile and apparel exports. The industry body CITI is urging the government to engag...
19 Sep, 2026, 08.48 PM IST
Aadhaar authentication mandatory for subsidised LPG refills from October 1; 27.43 crore consumers already coveredDomestic LPG consumers must complete Biometric Aadhaar Authentication for subsidised cylinder refills. This authentication process is manda...
19 Sep, 2026, 08.35 PM IST
US tariffs on India: A timeline of duties, deals and reversalsIndia and United States trade saw tariff changes since April 2025. Tariffs were imposed and later rescinded due to geopolitical events. A t...
19 Sep, 2026, 02.50 PM IST
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
19 Sep, 2026, 01.31 PM IST
New US sanctions bill on Russia puts Modi in a bindIndia faces a difficult energy policy choice regarding Russian oil imports. Potential US tariffs threaten Indian exports and bilateral trad...
18 Sep, 2026, 07.56 PM IST
India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
18 Sep, 2026, 04.40 PM IST
India must not let energy security become a US trade ‘weapon’, warns GTRIAccording to a warning from a US think tank, Indian goods could face tariffs as high as 100%. This move may compel India to significantly l...
17 Sep, 2026, 07.51 PM IST
India vows to protect energy security as US Russia bill opens door to 100% tariffsIndia is closely watching a US bill that could allow tariffs of up to 100% on countries buying Russian energy. With Russia accounting for 3...
17 Sep, 2026, 10.15 AM IST
Customs duty hike impact: Gold imports contract to USD 2.3 billion in AugustIndia’s gold imports declined significantly in August following an increase in customs duty, while silver imports rose sharply during the m...
15 Sep, 2026, 10.09 PM IST
India’s exports surge to key markets: US shipments rise 21.83%, China 52.35% & Singapore 161% in August; check the latest trade dataTrade data: August saw a notable rise in India’s merchandise exports to both the US and China, with shipments recording strong year-on-year...
15 Sep, 2026, 10.00 PM IST
Natural gas imports rise despite price surgeIndia's natural gas imports are increasing despite higher prices this fiscal year. Demand is boosted by subsidized fertilizer and growing C...
15 Sep, 2026, 12.58 AM IST
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
11 Sep, 2026, 05.30 AM IST