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LANKA FUEL SHORTAGE
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
Jingle bell blues: Christmas orders from US, Europe drop 10-15% as West Asia crisis bitesChristmas goods orders from key markets like the US and Europe have seen a 10-15% dip this year. Global economic uncertainties, rising raw ...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
India hands over 21,000 tonnes of fertilizer to Sri Lanka"Adding to the fragrance of friendship and cooperation. High Commissioner formally handed over 21,000 tonnes of fertilizer supplied under I...
India to again send fuel supplies to crisis-hit Sri LankaThe decision to supply fuel comes after recent discussions held between Sri Lankan high commissioner to India Milinda Moragoda and minister...
Lanka IOC provides fuel as government pumps go dry in island nationThe Sri Lankan government is now exploring options to purchase discounted oil from Russia, as the island nation desperately looks to replen...
Crisis-hit Sri Lanka shuts schools, urges people to work from home to save fuelIt was not immediately clear how far the government could stretch its fuel reserves. The stockpiles stand at about 9,000 tonnes of diesel a...
Sri Lanka PM Ranil Wickremesinghe says economy 'has collapsed,' unable to buy oil“We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy has completely co...
Sri Lanka port switches to pedal power after fuel shortagesThe bicycle initiative was aimed at conserving petrol in the Colombo deep-sea container port, Sri Lanka Ports Authority chairman Prasantha ...
Sri Lanka hikes fuel prices; petrol at all-time high of Rs 420, diesel Rs 400 per litreThe decision to raise the Octane 92 petrol price by 24.3 per cent or 82 rupees and diesel by 38.4 per cent or 111 rupees per litre was take...
Sri Lanka seeks USD 500-million loan from India for fuel purchases amid forex crisisSri Lanka has been mulling different options to facilitate measures to prevent fuel pumps from going dry, as the country faces a severe for...
India sends 40,000 MT of petrol to crisis-hit Sri LankaThe Sri Lankan government has asked its non-essential staff to stay at home due to the petrol and diesel shortage. Lawmakers have asked the...
Sri Lanka closes schools, limits work amid fuel shortageThe Sri-Lankan government has been struggling to find funds for the importation of fuel, gas and other essentials in recent months as the n...
No money to buy petrol, says Lankan govt as it urges citizens not to queue up for fuelCrisis-hit Sri Lanka on Wednesday revealed that it does not have foreign exchange to pay for a vessel of petrol anchored in its waters for ...
India sends one more consignment of 40,000 MT of diesel to Sri LankaIndia recently announced to extend a USD 1 billion line of credit to Sri Lanka as part of its financial assistance to the country to deal w...
India delivers 40,000 metric tonnes of fuel to Sri Lanka to help ease energy crisis“India a committed partner and a true friend of Sri Lanka. The High Commissioner (Gopal Baglay) handed over 40,000 MT fuel consignment by I...
Sri Lanka to buy fuel from Indian Oil to tide over energy crisisAccording to the Cabinet statement, the Ministry of Energy has discussed with the IOC to procure 40,000 metric tonnes of diesel and 40,000 ...