Energy

GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...

Oil refiners say steps taken to enhance LPG production

At a time when global energy markets are experiencing volatility, ensuring uninterrupted access to essential fuels for Indian households remains a national priority, the...

Govt invokes Essential Commodities Act, to prioritise natural gas allocation

The Essential Commodities Act, 1955, confers power to the central government to regulate the supply, distribution and trade of petroleum and petroleum products for...

Petroleum Ministry directs oil refineries to increase LPG production

The ministry has prioritised domestic LPG supply to households and introduced 25 day inter- booking period to avoid hoarding/black marketing, it said. Non domestic supplies...

Hindustan Organic Chemicals to shut plant operations, amid LPG disruptions

HOCL, Kochi unit in the state of Kerala (Phenol Complex) is the only manufacturing unit of the company which is engaged in manufacturing of...

US grants 30-day waiver to India to purchase Russian oil

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

Somany Ceramics says supplier restricts gas supply amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has issued a Force Majeure notice on 3 March  under its Gas Sale and Purchase Agreement. The notice...

Gujarat Gas issues Force Majeure notices to industrial customers

The company said it has issued Force Majeure Notices to its Industrial Customers in terms of the provisions of the Gas Supply Agreements restricting...

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GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday...

Rising inflation leaves little option for RBI

With central banks across the globe hiking the interest...