energy imports

New Delhi, April 9 Oil Minister Hardeep Singh Puri will undertake a two-day visit to Qatar, India's largest supplier of liquefied natural gas (LNG) and cooking gas LPG, which had halted supplies following the outbreak of the conflict in the Middle East.The visit, scheduled for April 9-10...

Ahmedabad, April 5 An Indian LPG carrier has safely crossed the Strait of Hormuz, Gujarat Deputy Chief Minister Harsh Sanghavi has stated, describing the development as a "victory of Indian diplomacy"."Another ship. Another victory for Indian diplomacy. The LPG carrier Green Sanvi has crossed...

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...

April 03, New Delhi: Bangladesh has introduced new measures to reduce energy consumption in the face of rising power supply challenges, triggered by the conflict in West Asia that is disrupting global fuel markets.Under the new rules, government offices will operate from 9 a.m. to 4 p.m...

New Delhi, April 3 Top government officials, including the Secretary of the Department for Promotion of Industry and Internal Trade, the Power Secretary, and the Director General of Foreign Trade (DGFT), held a meeting on Friday to discuss ways to increase domestic production of induction...

New Delhi, April 2 State-owned CIL has reported its first sales growth in six months for March, reflecting a build-up of coal stocks before peak summer demand amid gas shortages due to the West Asia conflict.Coal India (CIL) accounts for over 80 per cent of domestic coal production.The coal...

Dhaka, April 1 On Wednesday, Iran said that its Security Council has approved safe passage for six Bangladeshi fuel-carrying ships waiting to cross the Strait of Hormuz amid continued war in West Asia.As Bangladesh continues to rely heavily on imported fuel due to dwindling petroleum reserves...

New Delhi, March 29 The government may announce more relief packages for vulnerable segments of the economy, including the MSME sector, to help them sustain and keep inflation under control in the domestic market if the West Asia crisis continues, sources said.The government has announced a...

New Delhi, March 28 The near-term outlook remains uncertain, with external shocks, particularly the West Asia crisis, posing downside risks to growth through elevated input costs and potential supply disruptions, the Finance Ministry said in a report on Saturday.However, the report said...

Prime Minister Narendra Modi will interact with the Chief Ministers of all the states via video conferencing this evening to discuss the West Asia conflict, focusing on reviewing state preparedness and plans. The source said that the meeting will emphasize coordinated efforts in the spirit of...

Kuala Lumpur, March 24. Economists have revised their forecast for the ASEAN-6's gross domestic product (GDP) growth to 4.5 per cent in 2026, down from 4.8 per cent, and to 4.7 per cent in 2027, also down from 4.8 per cent, due to the impact of the conflict in West Asia.The ASEAN-6 countries...

New Delhi, March 23 India's strategic oil reserves, designed to provide cover for about 9.5 days of supplies during disruptions or price shocks, are currently at only two-thirds capacity, the Rajya Sabha was informed on Monday.India, the world's third-largest energy consumer and heavily...

New Delhi, March 23 – Prime Minister Narendra Modi stated on Monday that the government possesses a strategic petroleum reserve and is in the process of building more reserves. He also noted that over the past decade, the sources of energy imports have been hugely diversified."We have a...

Washington, March 22: India’s economic momentum is facing a fresh challenge as the ongoing US-Israeli conflict with Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a report in The New York Times.Just weeks ago, India...

March 20, New Delhi — Governments around the world are implementing measures to protect consumers from the rising cost of energy, which has been driven by the ongoing conflict in the Middle East. These measures range from tax cuts and subsidies to adjustments in supply.Germany is exploring...

New Delhi, March 20 – The government said on Friday that there has been no price increase for regular petrol for consumers, and the increase is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Joint Secretary...

March 18, New Delhi — South Korea has secured a commitment from the United Arab Emirates to supply 24 million barrels of crude oil, as authorities implement measures to mitigate the economic impact of the Middle East conflict.Iran's effective closure of the Strait of Hormuz has forced the UAE...

Bhuj, March 18 – The Indian-flagged crude oil tanker, 'Jag Laadki', has safely arrived at Adani Ports’ Mundra terminal in Gujarat, carrying approximately 80,886 metric tonnes of crude oil sourced from the United Arab Emirates.The vessel was loaded at Fujairah Port and berthed here on...

New Delhi, March 17 With the war in West Asia disrupting the supply of liquefied petroleum gas (LPG) to India, experts have suggested a gradual expansion of electric cooking, especially in urban areas, as a key way to limit the country's high reliance on imported cooking gas.An analysis by the...

Seoul, March 17 – South Korean President Lee Jae Myung said on Tuesday that the government should prepare measures to mitigate the potential economic fallout under the worst-case scenario where the Middle East crisis becomes prolonged.Lee made the call as the Strait of Hormuz, a critical...