New Delhi, April 10 – The Government of India is continuing its proactive and coordinated response to the evolving situation in West Asia. The Ministries of Commerce and Shipping have convened high-level stakeholder consultations to address emerging challenges related to logistics, packaging...
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india
logistics
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ports
raw materials
shipping
supply chain
New Delhi, March 30 The government has extended the state trade enterprise (STE) status of Indian Potash Ltd until March 31, 2027, for the import of urea, according to a notification.India produced 306.67 lakh tonnes of urea in 2024-25 and imported 56.47 lakh tonnes of the nutrient to meet...
agricultural production
dgft
domestic demand
fertilizer
fertilizer trade
government notification
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indian potash ltd
state trade enterprise
urea
west asia crisis
Karnal (Haryana), March 26 Union Minister Manohar Lal said on Thursday that while global conflicts and geopolitical tensions pose a potential risk to the supply of petroleum products and gas, India is well-prepared to tackle such challenges and there is "no need to panic" at present.Speaking...
New Delhi, March 23 – The current stock of crude oil held as part of India's strategic reserves is approximately 3.372 million metric tonnes (MMT), which represents 64 per cent of the total storage capacity of these reserves, the Parliament was informed on Monday.Through a Special Purpose...
Mumbai, March 19 The Reserve Bank of India (RBI) is working on providing more avenues for the use of Indian rupees (INR) accumulated by Russian trade partners, a senior official said on Thursday.The central bank is exploring options to either settle Indian rupees held by Russian trade partners...
Beijing, March 13 China on Friday condemned the US trade investigation targeting 16 economies, describing it as a typical unilateralist move that severely disrupts the international economic and trade order.In a statement, the Chinese Ministry of Commerce said that a World Trade Organisation...
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import
international trade
jamieson greer
overcapacity
section 301
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united states
ustr
world trade organization
Bharat Petroleum Corporation Limited (BPCL) has assured citizens that the government is making every possible effort to ensure the smooth and free import of LPG. In a social media post, BPCL stated that due to the current geopolitical situation and the blockade affecting LPG imports, available...
New Delhi, March 11 – Two shipments of liquefied natural gas (LNG) are arriving in India to bolster supplies for domestic consumers, as public sector oil and gas companies have increased imports from outside the Middle East amid the Iran conflict, a senior official from the central government...
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india
liquefied natural gas
lpg
middle east conflict
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qatar
refineries
New Delhi, March 10 The government said on Tuesday that fertilizer plants have been placed under 'Priority Sector-2' for natural gas supply, thus guaranteeing them at least 70 per cent of their average natural gas consumption to ensure domestic production of key soil nutrients remains insulated...
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department of fertilizers
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kharif sowing season
middle east conflict
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natural gas
npk
supply chain disruption
urea
New Delhi, March 9 India's fertilizer stockpiles are sufficient to meet the demands of the upcoming Kharif season, but a 40 per cent reduction in gas supply and ongoing geopolitical tensions in West Asia have raised concerns about domestic urea production and the cost of imports, the Fertilizer...
Hyderabad, March 3 Union Coal and Mines Minister G Kishan Reddy said on Tuesday that citizens do not need to worry about the availability of petroleum products in the country due to the ongoing armed conflict in West Asia.In a statement here, he said that the country is prepared to face the...
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g kishan reddy
import
india
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iran
israel
narendra modi
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strategic petroleum reserves
supply chain
west asia
New Delhi, February 26 The revenue department will roll out a 30-day duty deferral facility for eligible manufacturer-importers starting next month, which will help such importers better manage their liquidity, a senior official said on Thursday.Finance Minister Nirmala Sitharaman had proposed...
New Delhi, February 24 India and Israel have begun the first round of negotiations for a free trade agreement (FTA) here, with the aim of further boosting commercial ties and promoting investment, an official said.The four-day talks will conclude on February 26, the official said.In November...