The Indian government is actively developing a policy for flex-fuel vehicle adoption and aiming for 100 per cent ethanol blending in petrol to enhance energy self-reliance, particularly in light of supply disruptions from the West Asia conflict.
A man was arrested in Kannur, Kerala, for allegedly stealing a police vehicle parked inside a police station compound. The accused, identified as Hamsath, allegedly trespassed into the cyber police station compound, stole an SUV, and was later apprehended after arousing suspicion at a local eatery.
'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
A local businessman, Narottam Singh, was found murdered in an under-construction house in Aligarh. Police have launched an investigation and arrested two suspects for questioning.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
'At the first sign of real trouble, that money will move. There will be a run.'
Pakistani security forces killed a suspected militant driving an explosive-laden vehicle towards a check post in Khyber Pakhtunkhwa province, resulting in an explosion that injured seven civilians.
India's fertiliser subsidy bill for the current financial year (FY27) is projected to increase by approximately 20% due to surging global prices, primarily driven by the West Asia crisis, a senior official confirmed. Despite this, retail prices for urea and di-ammonium phosphate (DAP) will remain unchanged, ensuring adequate supply for the kharif season.
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.
A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.
A 46-year-old man in Bengaluru allegedly killed a woman lecturer by setting her car on fire before dying by suicide. Police investigations are underway to determine the motive and circumstances surrounding the tragic incident.
Described by Mahindra as a vehicle with "no excess" and "no ornamentation," this machine is a stark departure from the polished SUVs found on Indian roads. Instead, it is a high-capability tool engineered for the most punishing environments on Earth.
Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.
India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.
Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.
A rape survivor in Gurugram allegedly attempted suicide outside the Police Commissioner's office, citing months of police inaction in her case. She was stopped by police personnel before she could set herself on fire.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
The Morena administration in Madhya Pradesh has banned sand mining and transportation from the Chambal River, along with restricting fuel sales to unregistered vehicles, following criticism from the Supreme Court regarding illegal mining activities.
A 40-year-old tempo driver in Delhi was allegedly set on fire by an acquaintance after refusing to host a party and provide more liquor. The victim sustained severe burn injuries and is receiving treatment.
Police in Thiruvananthapuram raided an unlicensed two-wheeler rental service operating in violation of norms, seizing over 100 vehicles and uncovering illegal practices.
The petroleum ministry on Friday reaffirmed the government's commitment to maintaining stable petrol and diesel prices, despite India's high dependence on imports.
The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.
The Indian government has increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel (ATF) to Rs 42 a litre, effective immediately, to boost domestic availability and prevent exporters from exploiting global price differences.
A businessman in Aligarh was allegedly murdered by his neighbour after he refused to lend him money, according to police. The accused and three associates have been arrested in connection with the crime.
Tata Motors emerged as the biggest gainer in the passenger vehicles (PV) market in the second half of FY25, following a GST rate cut in September, achieving the highest growth among major OEMs and overtaking Mahindra & Mahindra in volumes.
Volkswagen has unveiled a significant facelift for its Taigun compact SUV, introducing a new 8-speed automatic gearbox for the 1.0 TSI engine, a panoramic sunroof, and a host of design and interior enhancements to sharpen its competitive edge in the bustling SUV market. But is it enough?
Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.
'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'
India's wholesale price inflation surged to 3.88 per cent in March, marking the fifth consecutive monthly increase, primarily driven by a sharp rise in crude petroleum, natural gas, and manufactured items amidst the West Asia crisis.
The Indian government has reassured citizens that the country has sufficient reserves of petrol, diesel, and LPG, and that refineries are operating at high capacity despite global supply chain disruptions. They have urged citizens to avoid panic buying and hoarding.
State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.
India is sending a shipment of diesel and petrol to Sri Lanka to help alleviate the country's energy crisis amidst regional instability.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
A major fire near the main unit of the newly built Rajasthan refinery of HPCL has postponed the inauguration by Prime Minister Narendra Modi. The fire, which broke out near the crude distillation unit, was doused in about two hours with no reported casualties.
Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.
A 24-year-old taxi driver in Gurugram died after allegedly setting himself on fire following a dispute with his live-in partner. Police are investigating the circumstances surrounding the tragic incident.
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