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Centre announces extra 20% LPG allocation to states amid global energy crisis — what it means

As ongoing Middle East conflict continues to weigh energy supplies across the globe, the Centre has approached states to step up commercial LPG allocation, inceasing the distribution to 70%. In a letter to chief secretaries of all states and Union territories, secretary of the ministry of petroleum and natural gas, Dr Neeraj Mittal, outlined a…

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ISRO’s Bharatiya Antriksh Station first module set to launch in 2028: Advanced technologies, global space presence, and costing details |

India’s aspirations in space exploration are taking a major leap forward as it develops the Bharatiya Antriksh Station. The project, which seems to be heavily connected to the Gaganyaan mission, is now going beyond the conceptual phase. According to PIB reports, the space station will have five modules, of which the first module, called BAS-01,…

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Energy shock from Middle East war may lift US inflation to 4.2% this year; OECD warns of weaker global growth

The escalation of the Middle East conflict could push US inflation to 4.2% this year–the highest among G7 economies– while also slowing global growth, the Organisation for Economic Cooperation and Development (OECD) has said, underlining the widening economic costs of the US-Israel war with Iran, the Financial Times reported.In its interim economic outlook, the Paris-based…

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PM Modi to attend G7 summit in France from June 15-17, focus on global economy and Hormuz security | India News

NEW DELHI: Prime Minister Narendra Modi will attend the upcoming G7 summit in France from June 15 to 17, with his participation confirmed during high-level diplomatic engagements on the sidelines of the G7 Foreign Ministers’ Meeting.External affairs minister S Jaishankar held talks with French minister for Europe and foreign affairs Jean-Noël Barrot at the Abbaye…

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How Iran’s hit on Qatar LNG will impact global supply to buyers like India, Pakistan; China largely secure

Around 80% of Qatar’s LNG exports are directed to Asia, but higher prices are forcing India to look for alternative supplies. (AI image) The US-Iran war has had far reaching implications beyond the immediate rise in global oil and gas prices. The Middle East conflict has led to hits on key energy infrastructure in Gulf…

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Global boost: IITs make mark in QS top 50 rankings by subject | India News

MUMBAI/NEW DELHI: The Indian Institutes of Technology continue to anchor the country’s global reputation in engineering, placing multiple disciplines firmly within the world’s top 50 QS rankings by subjects. Close behind, management education is carving out its own space, with institutions such as IIM Ahmedabad pushing into elite global ranks and signalling India’s growing influence…

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60 million barrels of Russian crude booked by Indian refiners amid global supply strain

Indian refiners have stepped up purchases of Russian crude as they lock in supplies for the coming month, with around 60 million barrels secured, according to people aware of the developments. The move comes as disruptions linked to the ongoing Middle East conflict continue to affect global oil flows.The cargoes have reportedly been contracted at…

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Sonal Chauhan is deeply upset by global events; labels the world ‘very cruel’ | Hindi Movie News

Sonal Chauhan shared her pain over global tragedies like child rape, torture, and elder abandonment, calling the world “very cruel.” Recently stranded in Dubai amid war, she was rescued by India. She debuted in Bollywood’s Jannat (2008) opposite Emraan Hashmi, earning praise before films like ‘Rainbow’. Sonal Chauhan shared her distress over the heartwrenching incident…

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Rupee sinks 23 paise to all-time low of 93.76 vs US dollar as global risks mount

The rupee weakened by 23 paise to settle at an all-time low of 93.76 against the US dollar on Tuesday, pressured by a strengthening greenback and elevated global crude oil prices that dampened investor sentiment.Forex traders said continued foreign fund outflows amid uncertainties linked to the Middle East crisis also weighed on the domestic currency,…

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How much oil does India have? PM Modi explains nation’s preparedness amid global fuel crisis

PM Narendra Modi (ANI image) NEW DELHI: Prime Minister Narendra Modi on Tuesday addressed the impact of the ongoing West Asia war on India’s fuel supplies, assuring the country of sufficient crude oil storage and uninterrupted supply arrangements.Speaking in the Rajya Sabha, PM Modi said the conflict has created a serious fuel crunch globally and…

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