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INDIA OIL IMPORT DEPENDENCE
India needs energy innovation to reduce 88% oil import dependence: ONGC chiefTo ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the si...- Government should adopt flexible approach to ethanol-blended petrol programme: ICRIER paperA research paper recommends flexibility in India's ethanol blending program targets. It suggests maintaining E20 as a long-term goal while ...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
- India's national interest guides its energy purchases, MEA says on Russian oil importsIndia's energy purchases are guided by national interest and the needs of its people. External Affairs Minister S Jaishankar stated the Rus...
- India’s farm policy needs a reset amid concerns over ethanol push, subsidies: Agri expert Devinder SharmaSharma warns that ethanol-led changes in cropping patterns may create an environmental problem over the longer term.
- India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
- Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
- ONGC Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...
- India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun GargHyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond ma...
- India's soyoil imports hit record high in August and palm six-month peak, dealers sayIndian refiners sharply increased edible oil imports in August to build stocks ahead of the festive season. Palm oil imports rose 7% to 780...
- India's construction equipment sector needs to cut its ₹45,000 cr import bill: KumaraswamyIndia's construction equipment sector aims to reduce import reliance. A new government scheme will boost domestic manufacturing of critical...
- India bonds inch lower, joining global debt selloffThe Indian bond market saw a downturn, reflecting a broader global selloff in debt markets. Escalating geopolitical conflicts and soaring o...
- Deeptech firm Minimac Systems raises Rs 30 crore led by Zerodha's RainmatterMinimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the company said. The company operates acro...
- The Americas' oil bonanza will outlast the Iran conflictThe Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share fr...
- Refinery to the world: Energy expert Anas Alhajji on India's surprising fuel advantageFollowing a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...
- Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry ReportIndia's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major...
- Centre aims to cut foreign reliance in key power systems by 2029India is drawing up a roadmap to develop indigenous software and hardware for Supervisory Control and Data Acquisition (SCADA) systems used...
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