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Friday, April 3, 2026
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Economy

Tanker with 600,000 barrels of Iranian crude shifts course from India to China midway

The shipment earlier bound for Gujarat’s Vadinar has changed course amid payment concerns; could still reach India if issues are resolved, according to Kpler.

1973 OPEC oil embargo to US-Israel & Iran war: 6 geopolitical conflicts that shaped India’s energy strategy

Hormuz crisis is only the latest in a line of geopolitical flashpoints that shaped India’s energy strategy over the years, starting from OPEC oil embargo that followed the Yom Kippur war.

RBI allows exchange of INR at forex counters in international airport departure areas

Mumbai, Apr 2 (PTI) The Reserve Bank on Thursday allowed residents as well as non-residents to exchange Indian rupee notes at foreign exchange...

Autodesk, Pinnacle Infotech sign MoU to boost digital transformation

Kolkata, Apr 2 (PTI) Software major Autodesk and Durgapur-based Pinnacle Infotech Solutions on Thursday signed an MoU to jointly accelerate digital transformation across...

Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

New Delhi, Apr 2 (PTI) The government has directed oil refineries to divert a portion of the feedstock normally used for producing cooking...

India’s mfg sector growth slips to 4-year low in Mar amid cost pressures, Middle East crisis: PMI

New Delhi, Apr 2 (PTI) India's manufacturing sector growth eased to a four-year low in March as cost pressures, fierce competition, heightened market...

Ceigall inks 15 power purchase pacts with MP Power Management Company for 130-MW solar capacity

New Delhi, Apr 2 (PTI) Ceigall India on Thursday said that its arm Ceigall Green Energy MP Ltd has signed 15 power purchase...

West Asia crisis: Govt exempts import duty on key petrochemical products till June

New Delhi, Apr 2 (PTI) The government on Thursday exempted import of critical petrochemical products from customs duty for three months till June...

RBI trading ban rocks $149 billion-a-day offshore rupee market

The central bank has rolled out some of its toughest measures in more than a decade to curb speculation & support the currency, which has been setting successive record lows this year.

Govt exempts critical petrochemical products from customs duty amid West Asia crisis

New Delhi, Apr 2 (PTI) The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and...

On Camera

This is how Strait of Hormuz shock is forcing a global trade reset

The current Iran war has laid bare a fundamental reality: 20 per cent of global energy trade cannot afford to rely on a single artery, no matter how resilient and cost-effective.

SEBI proposes return of open market share buybacks to support stocks

Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.

South Korea’s Cheongung-II missile system makes its mark in West Asia war. Here’s why

UAE has been using this defence system, which is similar to America's Patriots, against Iranian missiles and unmanned aerial vehicles.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.