The Tirupati Laddu row intensified on Friday with the Tirumala Tirupati Devasthanams (TTD), which is managing the super-rich temple, backing Chief Minister N Chandra Babu Naidu's claim that the famous 'prasadam' had animal fat and Yuvajana Sramika Rythu Congress Party president Y S Jagan Mohan Reddy dubbing the accusations as 'atrocious'.
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.
Singh said India has intensified patrolling of the seas after the recent attacks on merchant navy ships.
Restrictions under Section 144 of the Code of Criminal Procedure (CrPC) continued to be imposed in the clash site and surrounding areas, they said.
The nationwide indefinite strike by truckers, demanding stable fuel prices and fewer levies, entered the ninth day on Tuesday amidst reports of oil tankers joining the strike in few states.
Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
The Indian Navy, which regards itself as the 'net security provider' in the Indian Ocean Region, has also stepped up to the plate, with a warship stationed at all times off the Gulf of Aden for counter-piracy tasks. 91 Indian warships have been deployed in the region since 2008, patrolling high risk areas where piracy was rampant.
The pipeline will enable Moscow to enter markets in Asia- Pacific region and reduce dependency on European customers.
A Dornier aircraft of the Coast Guard, which flew over the area on Wednesday morning, found a 'thin oil sheen only 300 metres wide.
'Indians are basically liked because they are educated, they are intelligent.'
Minister of State for Shipping Pon Radhakrishnan said the vessel had more than 32,000 tonne of oil and has been emptied.
Tehran plans to lift exports by 500,000 barrels per day
The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).
Top losers in the Sensex pack included IndusInd Bank, Bharti Airtel, Tata Motors, Axis Bank, Kotak Bank, Bajaj Auto, Yes Bank, HCL Tech, HUL and Hero MotoCorp, falling up to 4.36 per cent.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
India is building its oil reserves in underground rock caverns and tanks
RIL is keen on buying Cairn India's Rajasthan crude oil but said it cannot take the oil unless the pipeline from fields to Gujarat coast is built.
Prices are sustainable and not just driven by speculative gains
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
Truck drivers protesting against a provision in the new penal law on hit-and-run road accidents, called off their strike in Nashik district of Maharashtra on Tuesday after the local authorities assured to look into their demands.
The Tatas, L&T and Bharat Forge expressed interest in building pressure swing adsorption oxygen plants at hospital sites, while IOC and RIL are pitching in with both oxygen and cryogenic tankers needed for its transportation.
"We will be guided by our national interest," he said.
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.
Italy has criticised India's handling of the case of two of its marines accused of killing two Indian fisherman as "contradictory" and "disconcerting" ahead of a hearing of the case in India's Supreme Court.
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
India is the world's fourth-largest importer of natural gas, accounting for six per cent of the global market.
The high court directed the central government counsel to file a statement in response to the plea and listed the matter for hearing after two weeks.
The Italian government will see if one of the two marines accused of killing two Indian fishermen in 2012 is fit enough to return to India, Foreign Minister Paolo Gentiloni has said.
Italian Premier Matteo Renzi on Monday spoke to his Indian counterpart Narendra Modi and sought a "rapid and positive solution" in the case of the two Italian marines being held in India for allegedly shooting to death two Indian fishermen in 2012.
India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013.
Chief Minister Shivraj Singh Chouhan apprised Prime Minister Narendra Modi, Defence Minister Rajnath Singh and Home Minister Amit Shah about the fire and sought assistance for dousing it, an official said.
India plans to further cut imports from Iran by 13 per cent next fiscal even though easing of US and western sanctions has made buying crude oil from the Persian Gulf nation easier.
'China's economy continues to slow and the US Fed may still hike rates before the end of the year.'
Benchmark Brent oil futures prices more than halved between June 2014 and January 2015.
"Italy is willing to try the marines at home, but in the meantime we ask for their freedom," said Interior Minister Angelino Alfano was quoted as saying by ANSA news agency.
Italian President Giorgio Napolitano has said the trial of two marines in India over the killing of two Indian fishermen has run into new "difficulty" because of upcoming general elections in that country.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
