Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."
India is well-stocked with inventories of crude oil and key petroleum products, including petrol, diesel, and aviation turbine fuel (ATF), to deal with short-term disruptions as the war intensifies in West Asia, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday.
Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.
India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.
Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.
DLF will officially launch its Mumbai housing project in the next quarter as the company has received the RERA approval a day before, while the real estate major sold out all 1,164 units in its luxury residential project Privana North securing Rs 11,000 crore revenue, DLF Homes joint managing director and chief business officer Aakash Ohri said.
State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.
India is the 4th largest oil consumer after the US, China and Japan.
Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
But half the land lies unused due to legal hurdles, lack of investor interest.
The most significant development over the last 10 years is that such organisations have accepted the need to operate on the basis of the principle of FPIC, namely Free, Prior and Informed Consent, by the local people whom a mining project affects.
A stoppage-time winner from Arjen Robben ended Netherlands' three-match run without a win as they beat England 3-2 in a largely low-key friendly with a dramatic twist in the tail at Wembley Stadium on Wednesday.
ED attaches properties worth Rs 53 crore in quid-pro-quo investments case.
Chief Minister Mayawati conducted an aerial survey of the flood-affected areas after which western Uttar Pradesh was declared a disaster-hit zone. The chief minister also sought a flood relief package of Rs 2000 crore from the Centre.
With Mother's Day coming up on May 9, we invited readers to share special stories of sacrifices their mothers have made for them. Here are a few more responses.
GEECL is looking to bid for the fourth round of Coal Bed Methane block auction. It plans to dilute 10 percent of its equity holding through an IPO in India. It plans to raise Rs 400 crore from the market by this year. It plans to develop 100 wells in two years with an estimated investment of Rs 825 crore and aim to invest another Rs 2,000 crore in 5 to 8 years in West Bengal.
Two students from Punjab and Madhya Pradesh have become the latest victims of attacks on Indians in Australia when they were assaulted by a group of men separately, even as Canberra assured New Delhi of the safety and security of Indians.
On the eve of the second Test against India, Shoaib Akhtar and Mohammad Sami are still nursing a chest infection, while captain Shoaib Malik is limping with a sprained ankle and pacer Umar Gul is heading back to Pakistan.
Kaziranga National Park is the world famous abode of the one-horned Asiatic Rhinoceros and a United Nations Educational, Scientific and Cultural Organization World Heritage Site in Assam.
Opener Tanmay Srivastav scored 105 as Uttar Pradesh posted 292 for 7 on Day 1 of the Ranji Trophy final against Delhi.
With Sunday's encounter, the number of left-wing extremists killed in 98 exchanges of fire with the police in the state during the year has risen to 137.
Naxalites attacked a police station and adjoining Orissa State Armed Police camp at R Udayagiri in Gajapati district of the state in the wee hours Friday.
As per the reply, an amount of Rs 1207,35,54,334.23 is lying idle with banks spread across India. This unclaimed amount belongs to 1,74,38,100 account holders. According to the reply given by the RBI, quantum of unclaimed deposit is highest in the rural regional banks category. It comes to an amount of Rs 1156,98,70,277.68.
The world number one became the first player to successfully defend the Qatar Open crown since Swede Stefan Edberg in 1995 when he beat French teenager Gael Monfils.
Quarantine, lockdown, pandemic, covidiot... Sabyasachi Dutta unravels how different nations arrived at their Word Of The Year 2020.
Estimated to cost $44 billion, the project was expected to be commissioned by 2025.
Oil prices have declined by more than 60 per cent since January with benchmark crude falling well below $30 per barrel, driven by an acute oil demand decline caused by the coronavirus and a lack of production cuts by OPEC and other oil producing countries.
OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.
Saudis are interested in expanding their relationship with India, given it is becoming the main driver of crude demand growth in Asia
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