Sri Lanka on Thursday signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the island nation's eastern port district of Trincomalee, in a new milestone in bilateral economic and energy partnership.
India's fuel sales surged past pre-pandemic levels in March on twin impact of the economy rebounding from the lifting of pandemic-related restrictions and anticipation of price increases leading to stocking. In the first two weeks of March, dealers, as well as the public, topped up their tanks in anticipation of an increase in prices that had been on hold in the run-up to the elections in states like Uttar Pradesh. While daily price revisions restarted on March 22, the increases were calibrated.
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.
India's fuel sales fell in the first half of April as a record rise in prices in a short 16-day period dented demand, preliminary industry data showed on Saturday. Petrol sales fell almost 10 per cent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6 per cent. Even cooking gas LPG, which had consistently shown growth even during the pandemic period, saw a 1.7 per cent month-on-month fall in consumption during April 1-15.
The apex body of petroleum workers in Assam on Thursday said it has stopped transportation of fuel to Meghalaya, following reports of attacks on vehicles from Assam in the backdrop of violence along the inter-state border that left six people dead.
A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.
Williams has been kept up to date on the developments since the February 26 hail storm and is taking the uncertainty over her return to Earth in stride.
'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
'The Fire and Fury Corps is the only formation of the Indian Army and also in the world to have actually deployed mechanised forces in such harsh terrain. The maintenance of the tanks, infantry combat vehicles and heavy guns is a challenge in this terrain. To ensure crew and equipment readiness, adequate arrangements are in place for both man and machine'
As of Feb. 28, the second-largest US automaker received six reports of tanks with a fuel odour or leak due to the defect.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
Vladimir Putin wants to destroy Ukraine's power plants before the onset of winter in the hope that Ukrainians, unable to cope with the bitter cold, end their determined resistance to the Russian invasion, which will enter its eighth month on Monday, October 24, 2022.
Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday. While Air India has zeroed in on Airbus's A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied plane like Airbus A350 has a bigger fuel tank that allows it to travel longer distances such as the India-US routes.
The Directorate General of Civil Aviation (DGCA) on Tuesday suspended Air India's Boeing simulator facility in Mumbai after finding certain alleged lapses during a spot check, a DGCA official said. The pilots, who were scheduled to undergo refresher courses at the Mumbai facility, will now not be able to do so.
The Royal Enfield Thunderbird 500X is sporty and macho. However, several bothersome issues need to be addressed, says P Tharyan.
While details are yet to be confirmed there are chances that Bajaj will launch the KTM RC 390 as quietly as they launched the KTM Duke 390
Perform these simple checks to resolve the problem on your own
The Freedom 125 has sold 8,310 units in October to date. This is its highest since it was launched in July and may touch close to 9,000 by the end of the month.
Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.
What could be more uncertain than Virat Kohli's agonising wait for a century for over two years? Perhaps it's what you will pay tomorrow morning to fill your vehicle's tank. Pump prices have joined cricket scores as the country's favourite discussion topic. Steep increases invite widespread protests, while moderate additions make the government anti-reformist. The ongoing fuel price conundrum is no different.
Things to know before you consider the latest bike in the premium commuter segment.
'In the name of God I ask you: Stop this massacre!' Pope Francis told thousands of worshippers at St Peter's Square on Sunday, alluding to Vladimir Putin's brutal invasion of Ukraine.
The incident occurred around 5:10 am when the Hyderabad-bound bus from Bangalore hit against a culvert, breaking its diesel tank. Within few minutes the bus was reduced to cinders, police said.
A United States federal jury has convicted an Imam of conspiring to carry out terror attacks at New York's John F Kennedy International Airport by exploding fuel tanks and fuel pipeline located under the airport. Kareem Ibrahim, 65, was convicted in New York after a four-week jury trial on charges of conspiracy to attack a public transportation system, attack aircraft and aircraft materials and conspiracy to destroy international airport facilities.
The Tata Group-owned Air India has decided to procure its maiden batch of wide-bodied A350 aircraft of Airbus and the first plane is likely to be delivered to the airline by March 2023, sources have said.
At Rs 52,610 (on-road, Mumbai), the attractive pricing, refined engine and good manoeuvrability makes the Platina 100 ES emerge as a value for money package and a worthy competitor to the offerings from Hero MotoCorp and Honda.
An all new bike maker has arrived in India introducing its cruiser bike, the UM Renegade Commando. Team MotorOctane shares the details.
'The Russians think it will help them, but these actions look like desperation'
The logic of deregulation was that the consumer was protected no matter what the price of crude. But now the reverse has happened. The government is protected no matter what the price of crude, observes Aakar Patel.
This is possibly the first time Hasina's daughter will be by her mother's side during an official visit to close neighbour and ally India, and analysts believe this to be significant in many ways.
In a tragic incident, 45 passengers were burnt alive early Wednesday morning after the luxury bus they were travelling in met with an accident near Palem village in Kothakota Mandla of Mehbubnagar district.
Amid Israel's retaliation against the Hamas' surprise attack on October 7, hospitals in the Gaza Strip are nearing collapse without electricity and basic supplies and doctors have to decide on which patients get ventilators, who gets any medical treatment at all or who gets resuscitated, The New York Times reported.
About 2,000 petrol pumps, mostly in western and northern India, have run out of fuel stocks as the strike by some truckers' associations entered the second day on Tuesday.
Austerity, and not necessity, appears to be the mother of invention these days with the economic slowdown forcing companies to explore new ways of doing businesses.
Fuel accounts for around 40 per cent of costs for domestic airlines.
The explosions came in the wake of the attack on the Kerch bridge on Saturday.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
Ford has priced the petrol version of its new compact car Figo between Rs 3,60,000-4,50,000 and the diesel version between Rs 4,50,000-5,45,000 (ex-showroom, Delhi).
The ethanol blended with petrol needs to be of 99.99 per cent purity.
