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The government has asked oil refineries to divert part of the feedstock used for cooking gas (LPG) towards petrochemical units, as industries grapple with acute raw material shortages triggered by supply disruptions amid the West Asia conflict, according to PTI.The Ministry of Petroleum and Natural Gas on April 1 directed refiners to allocate a portion…
As global energy supplies come under strain due to the ongoing Middle East conflict, the Centre has introduced a temporary measure to ease pressure on cooking fuel availability in the country. Under the 60-day emergency plan, announced on Monday, states and Union Territories will receive additional kerosene for essential household use, including cooking and lighting.The…
Virat Kohli celebrates his half century during an Indian Premier League (IPL) 2026 T20 cricket match between Royal Challengers Bengaluru and Sunrisers Hyderabad, at the M Chinnaswamy Stadium, in Bengaluru, Karnataka. (PTI Photo) NEW DELHI: Royal Challengers Bengaluru (RCB) began their IPL 2026 campaign with a six-wicket win over Sunrisers Hyderabad (SRH) on Saturday at…
US President Donald Trump has extended a pause on strikes targeting Iran’s energy infrastructure until early April, as Washington signals that diplomacy remains its preferred path forward in the escalating conflict. The temporary halt, announced as a 10-day window, comes amid claims from Trump that negotiations with Tehran are progressing, though the situation on the…
Spot gold, which had declined for nine consecutive sessions, is now stabilising at around USD 4,420 per ounce in international markets, supported by cautious optimism surrounding the Iran conflict, said Praveen Singh, Head of Commodities at Mirae Asset ShareKhan. He noted that US President Donald Trump had announced a five-day pause on strikes targeting energy…
Stock market today (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex rallied in opening trade on Tuesday after a day of massive selloff. Hopes of an early halt to the US-Iran war led to the stock market rebounding. While Nifty50 went above 22,800, BSE Sensex was up over 1,100 points. At…
The government has stepped up efforts to streamline gas distribution and ease supply pressures, directing faster processing of city gas projects while increasing allocations of commercial LPG to key sectors amid a challenging geopolitical environment.The Petroleum and Explosives Safety Organisation (PESO) has instructed its offices to dispose of City Gas Distribution (CGD) applications within 10…
Global crude prices edged lower on Friday after a continued surge, as statements from US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu helped ease market concerns over further escalation in energy infrastructure attacks.Brent crude slipped toward $107 a barrel after its highest close since July 2022, while West Texas Intermediate (WTI) for May…
Amid soaring crude oil prices worldwide due to the ongoing US-Israel war with Iran, the International Energy Agency (IEA) has proposed the largest disbursement of oil reserves to help bring down prices.The release could exceed the 182 million barrels of oil that IEA member countries put on the market in two separate releases in 2022,…
The plan will soon be applied between CMT junction (past Jalahalli Circle), Outer Ring Road and Mysuru Road (Nayandahalli junction) BENGALURU: Police plan to shift from regular left-side driving to American-style right-side driving on a few Bengaluru roads close to junctions, infamous for traffic congestion, in their latest plan to fight the city’s everlasting traffic…
