Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
Iran's state broadcaster IRIB reported that the Qatari oil tanker "Al-Raqayat" was targeted in the Strait of Hormuz after allegedly ignoring Iranian warnings and attempting to transit with US Navy support. This incident follows the expiry of a US-Iran agreement to halt strikes and comes amidst escalating tit-for-tat attacks in the vital waterway, raising concerns about maritime security.
The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire.
Oil processing facilities form the foundation of the worldwide energy sector, converting crude petroleum into essential fuels such as petrol, diesel, aviation fuel and various petrochemical products.
The flood situation in Assam is showing signs of improvement with receding water levels, though over 6.5 lakh people across six districts remain affected and the death toll has risen to 66. Relief operations are being intensified, with central and state leaders reviewing measures and a central team assessing damages.
Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.
Applying random products on your skin, just because they are trending, may damage or weaken your skin barrier, warns Dr Rupika Singh, dermatologist and founder of Akiya Aesthetics.
'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'
Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.
Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.
'I don't see fear becoming a dominant factor for retail investors.'
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Police in Warangal, India, have arrested four members of an interstate gang and seized 20 kg of hash oil worth Rs 2.5 crore. The gang, hailing from Odisha and Andhra Pradesh, was apprehended near the Warangal bus stand while allegedly preparing to leave for Mumbai with the contraband.
Go once. You will know, even before you board the flight home, that you will return.
The Delhi High Court has dismissed a lawsuit by news agency ANI against OpenAI, ruling that ChatGPT's use of copyrighted material for training large language models (LLMs) constitutes fair dealing under the Copyrights Act. The court emphasised that restraining AI development would be detrimental to India's growth in the field and public interest.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by softer-than-expected US inflation data which has reinforced expectations of a less aggressive monetary policy stance from the Federal Reserve, providing relief to global risk assets.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.
India's outward foreign direct investment (FDI) plummeted by 47.9 per cent year-on-year to $3 billion in June 2026, according to the Reserve Bank of India (RBI), with declines across equity, debt, and guarantee commitments.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.
Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.
Dharmendra Pradhan's political career faced an unexpected jolt as he resigned as Education Minister following nationwide protests over the NEET paper leak, marking a significant departure from the government's initial dismissive response to the agitation.
Indian benchmark indices Sensex and Nifty rallied in early trade, primarily driven by strong buying in IT stocks after Tech Mahindra reported a significant 28.4 per cent rise in its consolidated net profit for the June quarter.
Bangkok is a fast, 24-hour megapolis, full of joie de vivre and buoyance that you will be instantly smitten, like I was.
'The real shock is going to be from a deficient monsoon.'
Argentina has advanced to the World Cup final after defeating long-time rivals England with two late goals, sparking widespread celebrations across the country, particularly in Cutral Co, Patagonia, home to a new 85-foot statue of Lionel Messi.
The United States has extended a waiver from sanctions to allow countries to buy petroleum products from Russia by a month, days after it ruled out renewal of the special measure.
Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.
Colourful and bursting with yumminess are these Mediterranean flatbreads which bring together the best of fresh produce.
US President Donald Trump announced the 'reinstatement' of an 'Iranian Blockade' in the Strait of Hormuz, stating the US would charge a 20 per cent levy on transiting cargo for providing security, while Iran warned against any US interference, reaffirming its authority over the critical waterway.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
From intense gangster epics to tender slice-of-life dramas, these 10 films showcase why Dhanush remains one of Indian cinema's most versatile leading men.
The Indian government has allocated an additional 2 million tonnes of surplus broken rice from FCI stocks for its ethanol blending programme, while simultaneously issuing a detailed rebuttal to widespread misinformation regarding the E20 fuel, addressing concerns from water consumption to engine damage and environmental impact.
Following a Memorandum of Understanding between the US and Iran to resolve the West Asia conflict, eleven India-bound vessels have successfully transited the Strait of Hormuz. This development signals a positive shift for maritime trade, with more Indian-flagged ships expected to pass through the crucial waterway soon.
