Tag: Middle East

Investment firm IHC to become promoter of NBFC Sammaan Capital

IHC, the most valuable listed holding company in the Middle East, through its affiliate, Avenir Investment RSC LTD will buy the stake via a...

IndiGo to levy fuel charge on domestic, international routes

This measure is taken due to the significant surge in fuel prices following the ongoing geopolitical issues in the Middle East. IATA's Jet Fuel...

CGD industry may face dip in sales

Liquidity buffers, support from strong sponsors and moderate leverage are likely to support the credit profiles of CGD players. However, prolonged uncertainty in the...

Air India announces fuel surcharge, amid rise in fuel prices

Since early March 2026, aviation turbine fuel (ATF), which accounts for nearly 40 per cent of an airline’s operating costs, has seen significant price...

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...

Raw material prices may be impacted: Fertiliser body

While global developments, including geopolitical tensions in West Asia, have raised concerns about potential disruptions to fertiliser trade and logistics, current inventory levels and...

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...

EMS provider PG Electroplast says gas supply affected

The said communication is due to the constraints faced by certain vessels arising from maritime navigation restrictions in the light of the ongoing war...

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