petrochemicals

New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty for three months until June 30, providing relief to sectors such as pharmaceuticals, chemicals, and textiles, and ensuring supply stability amid the ongoing West Asia crisis...

April 02, New Delhi: During an inter-ministerial briefing on Thursday regarding the West Asia crisis, officials stated that the government is taking coordinated measures to ensure energy security, trade stability, and the safety of Indian nationals abroad.Sanjay Mangal, Member (CBIC)...

The government announced today that full customs duty exemptions will be provided on critical petrochemical products until June 30th this year, amid the ongoing crisis in the Middle East. Addressing the media at an Interministerial Briefing on Recent Developments in the Middle East, Sanjay...

New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty for three months, until June 30, to ensure supply stability and provide relief to consumers of finished products amid the crisis in West Asia.Sectors that rely on...

New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia.The duty exemption, which is valid until June 30, will benefit...

Surat, April 1 – A regional initiative to attract targeted industrial investment will underpin the Vibrant Gujarat Regional Conference (VGRC), scheduled to be held in Surat on May 1 and 2, coinciding with Gujarat Foundation Day and aligned with the ‘Viksit Bharat @2047’ vision.According to...

Kolkata, April 1 The escalating conflict in West Asia is beginning to put pressure on India's real estate sector, with material prices rising, and industry leaders warning of a potential 5 per cent increase in construction costs if the hostilities continue through April.Construction schedules...

Seoul, March 24 – South Korean President Lee Jae Myung called on the government on Tuesday to implement an emergency response system proactively to address concerns about the supply of oil and gas, as the US-Israeli war with Iran has continued and disruptions in global energy markets have...

New Delhi, March 23 Coal and Mines Minister G Kishan Reddy informed the Rajya Sabha on Monday that seven coal gasification projects, with an investment of Rs 64,000 crore, will be set up in Maharashtra, Odisha, and West Bengal, and this will help in reducing the import of energy products.In...

New Delhi, March 19 The government has classified energy data as a matter of national security, mandating all entities across the oil and gas value chain to provide detailed operational information.The Oil Ministry's Petroleum and Natural Gas (Furnishing of Information) Order, 2026 requires...

Washington, March 14 – The United States has expanded authorizations for Venezuela's energy and petrochemical sectors, a move that could help stabilize global fertilizer and oil supplies – developments closely watched by major importers such as India.The US Treasury Department said the changes...

Gandhinagar, March 13 – The Gujarat government announced on Friday that restaurants, hotels, educational institutions, and social-religious organizations located in areas with existing city gas pipeline networks will now be able to obtain new PNG (piped natural gas) connections immediately upon...

New Delhi, March 12 The shortage of liquefied petroleum gas (LPG) in the country could disrupt operations of quick-service restaurant chains and drive up input costs for consumer-facing companies, as supply constraints ripple across sectors ranging from restaurants to glass and plastics...

New Delhi, March 12 – The US Trade Representative (USTR) announced on March 11 that it has launched a new round of Section 301 trade investigations targeting the policies and industrial practices of 16 economies, including India and China.Following a decision by the US Supreme Court...

Kochi, March 11 – Prime Minister Narendra Modi on Wednesday dedicated several development projects worth around Rs 10,800 crore to the nation, inaugurating and laying the foundation stone for them in Kochi, marking a major push for infrastructure, energy, and industrial growth in Kerala...

New Delhi, March 10 Fertilizer stocks were in the spotlight on Tuesday, with Rashtriya Chemicals and Fertilizers surging over 16 per cent, following the government's prioritization of gas allocation to the sector.Shares of Rashtriya Chemicals and Fertilizers rose by 16.18 per cent, National...

New Delhi, March 10 The production of LPG, CNG, and piped cooking gas will take precedence over all other sectors using natural gas, as the government has restructured allocations to ensure uninterrupted supply for households and transport sectors.Following the widening conflict in the Middle...

New Delhi, March 10 Natural gas produced domestically will now be supplied on a priority basis to units that use it to produce LPG, a government notification said amid disruptions of imports due to the West Asia conflict.Until now, compressed natural gas (CNG) and piped cooking gas were the...

New Delhi, March 10 – The government has revised the priority for allocating domestically produced natural gas, giving the cooking gas and transport sectors first priority to meet their full requirements before supplies are made to other sectors to ensure uninterrupted supply.With the widening...

New Delhi, March 10 Amid disruptions to imported gas supplies caused by the widening West Asia conflict, the government has revised the priority order for allocating domestically produced natural gas, placing LPG production alongside CNG and piped cooking gas at the top.Under the revised...