Prime Minister Narendra Modi on Sunday inaugurated two new metro corridors, making Delhi home to India’s first fully operational Ring Metro. Alongside these, the PM also other unveiled major infrastructure projects, marking a significant boost to the city’s public transport and housing networks. The total investment across these projects is around Rs 33,500 crore, including…
As the Middle East conflict continues to escalate, India is rerouting its crude supply chains to secure uninterrupted fuel imports. Indian refiners are securing additional crude oil from the United States, Russia, and West Africa to maintain adequate supplies if the Middle East conflict stretches on for long, industry officials and analysts said. Refineries that…
As tensions in the Middle East enter their second week, concerns are rising over whether India’s energy supplies are sufficient. According to a recent government report, the country has more than 250 million barrels of crude oil and petroleum products in reserve, enough to meet demand for nearly two months. The combined reserves, estimated at…
Dalal Street ended last week in red with eight of India’s ten most valuable companies together losing Rs 2,81,581.53 crore in market value. State Bank of India emerged as the biggest laggard during the period. The broader market also saw heavy selling pressure. The BSE benchmark index dropped 2,368.29 points, or 2.91%, over the week….
Prime Minister Narendra Modi is set to inaugurate and lay the foundation stone for major infrastructure projects in Delhi on Sunday, with a total investment of around Rs 33,500 crore. The projects include two new corridors of the Delhi Metro Rail Corporation, worth over Rs 18,300 crore, aimed at strengthening public transport across the national…
Union petroleum minister Hardeep Singh Puri has assured that oil imports to India are continuing smoothly through alternative routes as the Middle East conflict enters its second week and concerns are growing over the country’s energy supplies. The minister, on social media platform X, confirmed that inflows are “full flow from all non-Hormuz routes” and…
The Middle East conflict is entering another week, and its ripple effects are already being felt across the global economy. As tensions intensify, trade flows, energy supplies and food production are coming under strain at a time when markets already spent the last year grappling with tariffs and other disruptions.Although the latest escalation began just…
NEW DELHI: As geopolitical tensions escalate in the Middle East, India is exploring alternative energy sources to strengthen its energy security, with countries such as Australia and Canada offering additional gas supplies, according to official sources cited by PTI on Saturday.With ships and oil tankers avoiding the Strait of Hormuz in the Persian Gulf amid…
AI image NEW DELHI: India never stopped sourcing crude from Russia, government sources said on Saturday, despite US President Donald Trump’s linking the withdrawal of a 25% penalty tariff in the proposed trade deal framework to New Delhi’s purported pledge to halt such purchases. Sources said India has never depended on permission from any country…
File photo: Union commerce & industry minister Piyush Goyal NEW DELHI: The US is expected to work out trade deals with partners, including India, in the next three-four months, once it finalises its strategy to deal with the legal issues related to tariffs, a senior govt official said on Saturday.The official said that New Delhi…