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FUEL CRISIS
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...- Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- Mann Ki Baat: PM Modi thanks citizens for supporting calls to curb gold purchases, adopt fuel-saving habits amid West Asia crisisPrime Minister Narendra Modi expressed gratitude to citizens for actively embracing his appeals during West Asia's crisis. He highlighted w...
- UP targets 20,000 MW renewable energy capacity in next 2-3 years: Yogi AdityanathUttar Pradesh is aggressively boosting its renewable energy capacity, aiming for 20,000 MW in two to three years from the current 6,000 MW....
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
- China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
- Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
- UN chief ups climate pitch, targets fossil fuels and AIAcknowledging that temperature increases will breach the 1.5C guardrail, Guterres focused on the need to take measures to ensure that the r...
- Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
- Slowing rural incomes could weigh on consumer demand: Dhananjay SinhaHeadline rural wage growth in India is misleading, with underlying increases significantly lower than reported. Rising inflation, reverse m...
- Moscow reopens airports, shoots down nearly 60 dronesMoscow thwarted a massive drone assault overnight, with nearly 60 unmanned aerial vehicles intercepted en route to the capital, leading to ...
- Ukraine attack kills five as Crimea halts public fuel salesA Ukrainian drone assault on Crimea has claimed four lives and injured 28, according to Russian-installed officials. Another strike in Kras...
- Pakistan: Workers protest inflation, warn government of nationwide agitationProtesters in Lahore, including labour groups and transport workers, voiced anger over soaring inflation and utility costs, accusing the go...
- Bolivia's Paz declares state of emergency over blockade crisisBolivia's President Paz has declared a state of emergency, aiming to resolve the ongoing blockade crisis that's crippling the nation. This ...
- Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
- Non-fossil power capacity set to cross 300 GW by Sept, says energy minister Pralhad JoshiIndia's non-fossil fuel power capacity will surpass 300 GW by September. This expansion is crucial for green hydrogen production under the ...
- Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...
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