energy crisis

New Delhi, April 9 The World Bank said on Thursday that India is well-positioned to weather the current global energy shock, with ample buffers, including high foreign exchange reserves, fiscal space, and low inflation, which will support growth despite global headwinds.Addressing a conference...

New Delhi, April 8 Gold prices surged by Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trading on Wednesday due to increased buying driven by a weak US dollar and a sense of relief after Washington and Tehran agreed to a two-week ceasefire.On the Multi Commodity Exchange, the yellow metal...

Antananarivo, April 8 – The Malagasy government has declared a state of energy emergency across the entire territory for a period of 15 days to address a major energy supply crisis currently affecting the country.According to a presidential communique, this situation is primarily due to the...

Islamabad, April 8 Pakistan Prime Minister Shehbaz Sharif has urged US President Donald Trump to extend the deadline set for Iran amid the ongoing West Asia conflict, as it called for a two-week ceasefire to allow diplomatic efforts to progress.In a social media post on Tuesday, Sharif also...

New Delhi, April 7 The country's aluminium extrusion sector has significantly reduced its production capacities due to the escalating crisis in West Asia, according to the Aluminium Extrusion Manufacturers Association of India (ALEMAI).The disruption in global supply chains, triggered by...

April 06, New Delhi: Amid escalating tensions with Iran, sirens wailed across Tel Aviv on Monday as missiles were seen in the sky. A missile was also spotted over Hebron in the occupied West Bank.Earlier, U.S. President Donald Trump and Israel intensified pressure on Iran to reopen the...

Cairo, April 5 – Egypt's Ministry of Electricity and Renewable Energy announced price increases for commercial and residential electricity consumption, effective this April, citing the global energy crisis triggered by the US-Israeli conflict with Iran.In a statement issued late Saturday...

Bratislava, April 5 – Slovak Prime Minister Robert Fico has called on the European Union (EU) to resume dialogue with Russia and lift sanctions on Russian energy raw materials, following a phone call with Hungarian Prime Minister Viktor Orban, local media STVR reported."The EU, and especially...

New Delhi, April 3: Pakistan's LNG supplies are expected to fall to near zero next month, removing a source that contributes more than one-fifth of total power generation, while coal availability is also under pressure, jointly affecting close to 30 per cent of the supply, according to an...

Hyderabad, April 3 Officers from the Telangana Civil Supplies Department have seized approximately 3,700 illegally stored domestic LPG cylinders since March 12 as part of a crackdown on misuse, officials said on Friday.They also seized 70 small cylinders worth Rs 1.10 crore during the...

New Delhi, April 2 Senior Congress leader Anand Sharma hailed India's handling of the West Asia crisis as "mature and skillful" on Thursday, saying it has helped the country avoid "potential pitfalls."He also urged India to take the lead in mobilizing countries in the Global South and...

Thiruvananthapuram, April 2 Defence Minister Rajnath Singh stated on Thursday that the country has "no shortage of fuel or gas" and that India is prepared to handle any energy crisis arising from the ongoing West Asia conflict.Speaking at a Sainik Samman Sammelan in poll-bound Kerala, Singh...

New Delhi, April 2 – Senior Congress leader Anand Sharma publicly supported the Modi government's foreign policy and strategic maneuvering on Thursday, amid a full-blown war in West Asia involving Israel, the United States, and the Islamic Republic of Iran.Anand Sharma, who previously served...

New Delhi, April 2 Amid the escalating conflict in West Asia, senior Congress leader Anand Sharma urged India on Thursday to take the lead in mobilizing the Global South and strategic partner countries to collectively work towards the restoration of peace and order in the region.In a...

Thiruvananthapuram, April 2 Defence Minister Rajnath Singh said on Thursday that there was "no shortage of fuel or gas in the country" and that India was prepared to deal with any energy crisis resulting from the ongoing conflict in West Asia.Speaking at a Sainik Samman Sammelan in poll-bound...

Thiruvananthapuram, April 2 Defence Minister Rajnath Singh said on Thursday that "there is no shortage of fuel or gas in the country," and that India was prepared to deal with any energy crisis resulting from the conflict in West Asia.Speaking at a Sainik Samman Sammelan in poll-bound Kerala...

Bhopal, March 31 India has emerged as the world's fastest-growing major economy, and it is creating a new history by effectively overcoming challenges, said Rajya Sabha Deputy Chairman Harivansh on Tuesday.A large part of the world is facing a kind of energy crisis, but India is progressing...

Thiruvananthapuram, March 31 Congress leader Manish Tewari accused the Centre and the Left Front in Kerala on Tuesday of remaining silent on the "volatile" situation in West Asia and the "aggressive actions" of the US against various sovereign nations around the world.Speaking at a press...

Islamabad, March 30 Pakistani President Asif Ali Zardari on Monday directed that all possible measures be taken to ease the burden of rising prices on ordinary citizens amid the energy crisis caused by the ongoing conflict in West Asia.The President made the remarks while chairing an expanded...

March 30, New Delhi – A Russian oil tanker, subject to US sanctions, is expected to arrive in Cuba by Tuesday, despite an effective American blockade of fuel supplies to the energy-deprived island.The Anatoly Kolodkin, carrying 730,000 barrels of crude oil, was located off the eastern coast of...