'No fuel shortage': OMCs assure uninterrupted petrol, diesel and LPG supplies amid Middle East tensions

‘No fuel shortage’: OMCs assure uninterrupted petrol, diesel and LPG supplies amid Middle East tensions

State-run oil marketing companies (OMCs), including Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL), on Thursday said fuel and LPG supplies across the country remain uninterrupted amid the ongoing Middle East crisis, assuring consumers that there is adequate stock and no shortage in the system, ANI reported.The…

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Middle East crisis: 58,500 LPG connections surrendered for PNG, 96% deliveries now authenticated

Middle East crisis: 58,500 LPG connections surrendered for PNG, 96% deliveries now authenticated

The Centre on Thursday assured the people on the situation in the country amid the evolving situation in Middle East. In an inter ministerial briefing, it said LPG deliveries across the country remain stable amid the, with Delivery Authentication Code (DAC)-based deliveries rising to nearly 96 per cent to curb diversion and black marketing.Officials from…

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US big quantum technology bet: Trump administration backs firms with $2 billion funding tied with equity stake

US big quantum technology bet: Trump administration backs firms with $2 billion funding tied with equity stake

The Trump administration is awarding grants to a group of quantum computing companies, including IBM, in exchange for equity stakes in some of them, deepening Washington’s push to support sectors viewed as critical to domestic supply chains and technological competitiveness, Reuters reported.The move expands the administration’s strategy of taking ownership positions in companies considered strategically…

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Sebi, NISM and IICA sign MoU to strengthen capital markets, focus shifts to governance and ESG

Sebi, NISM and IICA sign MoU to strengthen capital markets, focus shifts to governance and ESG

The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (Sebi), and the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs have signed a Memorandum of Understanding (MoU) to strengthen corporate governance, ESG frameworks and capital markets in India.According to the Ministry of Corporate Affairs,…

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China's new supply chain rules may hit India's electronics manufacturing push: Industry

China’s new supply chain rules may hit India’s electronics manufacturing push: Industry

China’s new supply chain control regime is emerging as a potential challenge to India’s ambitions of positioning itself as an alternative global electronics manufacturing hub, with industry players reaching out to the Centre seeking support, ET reported.According to people aware of the matter, Beijing introduced the curbs in April as part of efforts to strengthen…

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Rupee, CAD under watch, US trade talks on track: Goyal says India will 'come out winner'

Rupee, CAD under watch, US trade talks on track: Goyal says India will ‘come out winner’

Union commerce and industry minister Piyush Goyal on Thursday addressed concerns around the rupee’s decline, the widening current account deficit (CAD), and shared updates on the progress of the proposed US-India trade deal.Goyal said the Centre was actively considering several measures to contain further pressure on the CAD, while stressing that different arms of the…

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PM Modi’s five-nation tour secures nearly $40 billion investment pipeline for India

Pm Modi Five-Nation Tour: PM Modi’s five-nation tour secures nearly $40 billion investment pipeline for India

Prime Minister Narendra Modi’s recent five-nation visit has helped India secure an investment pipeline worth nearly $40 billion, with several multinational firms committing fresh investments and expansion plans across key sectors.PM Modi held meetings with chief executives and senior representatives of over 50 global companies during the tour, covering sectors such as semiconductors, logistics, infrastructure,…

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