Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.
Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements.
State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.
A Lancet report reveals a significant increase in deaths attributable to PM2.5 pollution in India, with fossil fuels being a major contributing factor. The report highlights the economic and health consequences of air pollution and the urgent need for a transition to cleaner energy sources.
India and Russia have solidified a five-year plan to enhance their economic and trade partnership, while also addressing the ongoing conflict in Ukraine and the threat of terrorism.
The Federation of Indian Pilots (FIP) has urged the government to order a judicial probe into the Air India Dreamliner crash that killed 260 people, alleging that the ongoing investigation is "compromised" and should be halted.
Ukraine's capital Kyiv came under a large-scale missile and drone attack overnight on December 27, with multiple explosions reported across the city and surrounding regions, one day ahead of a meeting between US President Donald Trump and his Ukrainian counterpart, Volodymyr Zelenskyy, as diplomatic efforts continue to end the four-year-long war.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
Sri Lanka is facing a severe crisis after Cyclone Ditwah caused widespread flooding and landslides, resulting in numerous deaths and displacement. India has launched 'Operation Sagar Bandhu' to provide relief. The situation is expected to remain critical with rising river levels and continued rainfall.
India and Russia are expected to unveil a major nuclear energy partnership during Vladimir Putin's visit, potentially involving Russian small modular reactors and expanded cooperation as India pushes toward its 100-GW nuclear goal by 2047.
Airline Pilots' Association of India demands a fair and fact-based probe into the Air India plane crash, rejecting any bias towards pilot error in the investigation.
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
'The first time India has seen two consecutive blockbuster IPO years.'
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent.
Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned 724 million euros (about Rs 6,850 crore) from exporting fuel made from Russian crude oil to the US in one year, an European think tank said in a report. "From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude.
Aviation expert Captain Mohan Ranganathan claims human error led to the Air India plane crash and calls for more transparency in the AAIB's preliminary report.
For decades, the Siliguri Corridor was treated as a geographical vulnerability to be quietly managed. Today, it has emerged as a focal point of eastern geopolitics.
Two days after Russian President Vladimir Putin concluded his visit to India, during which he assured that Moscow would remain a reliable energy supplier, the Kremlin on Monday said that India, as a sovereign nation, is free to buy oil from sources it deems beneficial. It expressed confidence that New Delhi will continue to prioritise its economic interests.
Of these, as many as seven are Level-1 violations, which are considered critical safety risks and require immediate corrective action by the air operator, they said.
The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.
Air India CEO Campbell Wilson addresses the preliminary report on the Ahmedabad plane crash, stating no mechanical or maintenance issues were found with the aircraft. He urges against premature conclusions as the investigation continues.
An aviation expert suggests investigators should focus on a possible fault in the stabiliser of the crashed Air India flight.
Police on Saturday claimed to have busted a Pakistan-linked narcotics racket with the arrest of two peddlers here with three kilograms of heroin, valued at around Rs 15 crore.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
Air India's CEO defends the fitness of pilots and aircraft after a preliminary report into the crash of flight AI171 raised questions. He urged against premature conclusions as the investigation continues.
'It is most pertinent to note that in over 25 years of flying, Captain Sabharwal had not had a single incident or accident-causing fatalities or otherwise'
After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.
Drivers of commercial vehicles, including trucks and tankers, stopped work in several states on Monday and blocked roads at some places to protest against the provision in the new penal law regarding hit-and-run accident cases involving motorists.
Like we strive to keep our heart young or our lungs young, we should make sure our brain is youthful. You can give your brain a better future by keeping your mind active and alert by including brain-nourishing foods in your daily meals, states WebMD.
India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.
India's crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country's total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow's war effort in Ukraine. India's crude imports in September were around 4.7 million barrels per day, up 220,000 bpd month-on-month and flat year-on-year.
'The E20 usage accrues the huge benefit to the nation, to the society, to the farmer, to the environment, to the exchequer and all of us'
The Indian Commercial Pilots' Association (ICPA) defends the crew of the crashed AI 171 flight, rejecting insinuations of pilot suicide and calling for a fair investigation.
Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. WPI-based inflation was 0.52 per cent in August and 1.91 per cent in September last year.
Saudi Arabia's steep cut in LPG benchmark prices has pushed India's household LPG underrecoveries to their lowest level in over two years, slashing oil companies' losses from Rs 200-250 per cylinder last year to about Rs 20-40 now.
High energy costs, long a drag on India's manufacturing competitiveness, are finally easing. Power and fuel expenses accounted for 1.98 per cent of net sales in 2024-25, the lowest level in data compiled by the Centre for Monitoring Indian Economy (CMIE) over the past two decades.
Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.
The government has no say in where the country's refiners source oil from because these are commercial transactions.
'Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.'
