Latest News, Updates & Breaking Headlines
India is planning to make it mandatory for all liquefied natural gas (LNG) import terminals to build an additional 10% storage capacity that the government can access during supply or price disruptions. According to a draft proposal by the oil ministry, this change will amend the registration rules for LNG terminals under the Petroleum and…
The United States and Japan have signed a new deal aimed at securing supplies of critical minerals and rare earths, as President Donald Trump hailed a “golden age” in relations with Tokyo. The agreement, signed during Trump’s visit to Japan on Tuesday, reflects a growing effort by Washington to reduce its dependence on China for…
Representative image (AI-generated) Indian fertiliser companies are preparing to set up a urea manufacturing facility in Russia, a move that is likely to be announced during Russian President Vladimir Putin’s visit to India in December. This would be India’s first fertiliser venture in Russia.The plant will use Russia’s abundant ammonia and natural gas reserves, ensuring…
After India, Taliban-ruled Afghanistan is now taking aim at Pakistan’s water supply. The Taliban government has ordered the rapid construction of a dam on the Kunar River, Russian news outlet RT reported.This move comes amid escalating military tensions between the two neighbours along the Durand Line, the 2,640km (1,600-mile) international border separating Afghanistan and Pakistan.According…
File photo: Union minister Piyush Goyal (Picture credit: ANI) India has adopted the path of “Atmanirbharta” or self-reliance to address vulnerabilities revealed in global supply chains, placing greater importance on resilience and trust over mere cost efficiency, union minister for commerce and industry Piush Goyal said. Speaking at the UNCTAD ministerial roundtable on ‘Towards Resilient,…
File photo (Picture credit: AP) The 40 per cent trans-shipment tariff recently announced by the United States is expected to create significant compliance challenges for companies in India and the ASEAN region, particularly in sectors such as machinery, electrical equipment and semiconductors, Moody’s Ratings said on Tuesday.In July, US President Donald Trump imposed the tariff…
US President Donald Trump met Ukrainian President Volodymyr Zelenskyy at the White House on Friday, a day after he spoke with Russian President Vladimir Putin. The meeting came amid renewed efforts to end the ongoing war between Russia and Ukraine. “It’s an honour to be with a very strong leader, a man who has been…
JPMorgan Chase on Monday unveiled a $1.5 trillion plan to bolster key US industries, including rare minerals, shipbuilding, and nuclear energy, in a move it described as critical for national security and economic resilience.The US banking giant, which manages assets of about $3.8 trillion, said it would deploy direct equity and venture capital investments of…
BHOPAL: The MP SIT probing the Coldrif tragedy that claimed the lives of 20 kids from Chhindwara and three from other districts is examining the entire supply chain of the cough syrup — from procurement of raw materials to distribution of the contaminated drug — aiming to fix accountability at every stage. Investigators confirmed that…
India and South Korea have agreed to explore joint initiatives in the fields of electronics, electric vehicle (EV) components and trusted digital supply chains, the commerce ministry said on Friday.The discussions took place between Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo on the sidelines of the G20…
