Energy

[ad_1] The Indian side has yet to confirm whether domestic refiners would completely halt Russian imports. New Delhi: India has agreed to stop buying Russian oil and significantly increase purchases from the US and potentially Venezuela, US President Donald Trump said on Monday, while announcing a trade deal with India on social media. The Indian […]

[ad_1] State-run refiner BPCL is significantly boosting its capital expenditure by 35% to ₹25,000 crore for the upcoming fiscal year, driven by a substantial push into petrochemicals. New Delhi: State-run refiner Bharat Petroleum (BPCL) has raised its capital expenditure plan for the coming fiscal year by 35 per cent to ₹25,000 crore, driven by an

[ad_1] The Delhi High Court will hear the Centre’s appeal against an order dismissing its plea to recover ₹3.8 billion from Reliance Industries and another company. The Delhi High Court on Monday said it will examine an appeal by the Centre against an order dismissing its plea to recover $3.8 billion from Reliance Industries and

[ad_1] President Donald Trump President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed funding, aiming to shield US manufacturers from supply shocks as Washington seeks to reduce reliance on China for rare earths and other key metals. The initiative — dubbed Project Vault — would combine $1.67 billion

[ad_1] PM Narendra Modi with US President Trump . The United States will reduce the reciprocal tariff it charges on imports from India from 25 per cent to 18 per cent, President Donald Trump announced on Monday after a phone conversation with PM Modi. He added that India would likewise move to cut its own

[ad_1] The company secured seven Tariff-Based Competitive Bidding contracts in FY26, including a significant transmission project for Uttar Pradesh’s Pumped Storage Projects. Power Grid Corporation of India has raised its capital expenditure forecast for the present financial year to ₹32,000 crores, from the earlier estimated ₹28,000 crores, reflecting strong execution visibility. In FY26, the company

[ad_1] India’s power consumption surged by 3.8% to 142.74 billion units in January, driven by increased use of heating appliances during intense cold in North India. Power consumption in the country rose 3.8 per cent to 142.74 billion units in January from 132.5 BUs a year ago, amid increased usage of heating appliances during the

[ad_1] Saurabh Markandeya and Kajal Shah, Founders. Energy-tech startup Dreamfly Innovations has raised ₹3 crore in non-dilutive venture debt from the Small Industries Development Bank of India (SIDBI). The funds will be used to support working capital requirements and expand in-house manufacturing capacity, the company said in a statement on Monday. The Bengaluru-based startup plans

[ad_1] The government has successfully auctioned 136 coal blocks since 2020, generating significant revenue and employment. The government on Monday said 136 coal blocks have been successfully auctioned since 2020 following the Niti Aayog’s recommendations, and future allocations will also be done through a participative bidding process. Replying to supplementaries during the Question Hour in

[ad_1] A planned trading joint venture between Indian Oil Corp and global trader Vitol faces delays. A deal between Indian Oil Corp and ‍global trader Vitol to form an equal trading joint venture has been delayed ⁠due to differences over some clauses in the contract, two sources familiar with the matter said. These include the