Rs 75,000 cr OMC loss: Oil ministry working on plan to offset losses. Companies seek financial support; Finance Ministry nod needed before proposal goes to CabinetOil Ministry is working on a proposal to compensate state-run oil marketing companies for losses incurred from selling fuel below market ra...
22 Jul, 2026, 06.47 AM IST
Russian envoy summoned over killing of four Indians"Today, the Russian Charge d'Affaires, Mr Vladimir Ladanov, was summoned to the Ministry of External Affairs. The Ministry conveyed India's...
22 Jul, 2026, 01.12 AM IST
Automobile industry urges formal mechanism for petrol pump fuel quality checks amid E20 concernsAutomakers want a formal system to detect fuel contamination at petrol pumps. Drivers report worsening vehicle performance after increased ...
22 Jul, 2026, 12.52 AM IST
Kazakhstan condemns attack on vessels carrying hydrocarbons in Black SeaKazakhstan condemned UAV attacks on vessels transporting oil via the Caspian Pipeline Consortium infrastructure. These attacks are viewed a...
21 Jul, 2026, 09.41 AM IST
Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
21 Jul, 2026, 07.55 AM IST
Ukraine fires 400 drones toward Moscow as Zelenskyy grapples with protestsUkraine launched over 400 drones toward Moscow in a significant retaliatory strike. Russia responded with ballistic missile bombardments on...
20 Jul, 2026, 08.39 PM IST
India bonds steady after swinging with oilOn Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiation...
20 Jul, 2026, 05.47 PM IST
Iran says fighting 'full-scale war' with USIran's president declared a full-scale war against the United States on Monday. Washington expanded its strikes across Iran, hitting cities...
20 Jul, 2026, 05.35 PM IST
Rupee hits two-month low, oil prices remain focal pointThe Indian rupee hit a two-month low on Monday as oil prices hovered around ninety dollars per barrel. In an effort to stabilize the curren...
20 Jul, 2026, 04.46 PM IST
Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...
20 Jul, 2026, 08.52 AM IST
Russian attacks kill 6 in Kyiv, other cities; expose gaps in Ukraine's air defencesMoscow has in recent weeks stepped up its use of ballistic missiles as it seeks to choke off Ukrainian strikes on oil facilities deep insid...
19 Jul, 2026, 09.15 PM IST
Iraq, US sign 48 agreements during Prime Minister Ali al-Zaidi's visitIraq signed 48 agreements and partnerships with American companies, many in the oil sector, during a visit to the US by Prime Minister Ali ...
18 Jul, 2026, 12.44 PM IST
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
18 Jul, 2026, 10.29 AM IST
'Closely following': India on US bill seeking 100% tariffs on India, othersIndia on Friday said it is closely monitoring a proposed US bill that seeks to impose 100% tariffs on countries, including India, buying Ru...
17 Jul, 2026, 11.44 PM IST
Govt adds iron ore to core sector index taking total components to 9Iron ore has been added to the core sector infrastructure industries list. This inclusion increases the total number of key sectors from ei...
17 Jul, 2026, 08.32 PM IST
Iraqi oil loadings briefly suspended after drone hits tanker at Basra, sources sayIraq briefly suspended oil loadings after a drone struck an oil tanker. The drone did not cause damage or start a fire at the terminal. Loa...
16 Jul, 2026, 05.46 PM IST
E20 causes no engine damage, no major mileage loss: IIT KanpurIIT Kanpur researchers report no significant fuel efficiency drop with E20 petrol. Their studies found no evidence of engine damage from th...
14 Jul, 2026, 04.18 PM IST