Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
15 Jun, 2026, 08.11 AM IST
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
11 Jun, 2026, 03.16 PM IST
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
11 Jun, 2026, 10.45 AM IST
Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...
09 Jun, 2026, 01.23 PM IST
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
09 Jun, 2026, 11.48 AM IST
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...
08 Jun, 2026, 08.50 PM IST
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
08 Jun, 2026, 03.29 PM IST
OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...
08 Jun, 2026, 01.48 PM IST
Reassure homes, not just economy: Why India’s growth feels weaker at household levelThe ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...
08 Jun, 2026, 12.45 AM IST
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
07 Jun, 2026, 10.36 AM IST
India sets standard pack sizes for cooking oils to help shoppers compare pricesIndia has ordered cooking oil makers and importers to use only nine standard pack sizes. This move aims to help shoppers easily compare pri...
06 Jun, 2026, 06.21 PM IST
PM Modi chairs key meet with Economic Advisory Council to asses impact of West Asia warPrime Minister Narendra Modi convened with the PM-Economic Advisory Council. Discussions focused on the West Asia conflict's impact on Indi...
06 Jun, 2026, 02.31 PM IST
Electric mobility key to long-term fight against air pollution: UNEP chiefA top UN official stresses electric mobility and mandatory vehicle emissions testing for long-term air pollution solutions. India's plan to...
05 Jun, 2026, 03.54 PM IST
Livestock industry demands 1.5 million tonnes soymeal imports amid price surgeIndia's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have su...
05 Jun, 2026, 02.40 PM IST
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
03 Jun, 2026, 11.49 AM IST
Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...
02 Jun, 2026, 04.18 PM IST
Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...
26 May, 2026, 09.22 PM IST