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Friday, April 10, 2026
TopicBharat Petroleum Corp.

Topic: Bharat Petroleum Corp.

Plan to privatise Bharat Petroleum delayed as bidders struggle to find partners

The sale of state-run refiner-cum-fuel retailer BPCL would have fetched about $13 billion for the exchequer and other shareholders.

Mukesh Ambani invested in an AI company in 2014. It’s now monitoring fuel pipelines amid Covid

Mukesh Ambani’s Reliance Industries made a rare $100,000 investment in Detect Technologies. Detect now has Exxon Mobil, Adani Transmission & Power Grid Corp as its clients.

How drones & mist cannons are helping India’s oil, gas and coal PSUs fight coronavirus

Energy PSUs are using drones to monitor social distancing at refineries, and mist cannons to spray disinfectants near workers’ quarters to ensure Covid doesn’t hit operations.

India cancels LPG shipment orders after over-estimating retail buying tempo

India’s 3 biggest state-owned refiners have negotiated cancellation of at least five cargoes of LPG due to arrive in May and June.

Modi govt plans to further ease FDI rules for insurance, aviation

Finance Ministry has suggested increasing limit on FDI in insurance companies to 74% from 49% and allowing foreign airlines to own Indian carriers.

Rupee has become hostage to oil price as India’s crude import bill surges

India's crude import bill has jumped 76% in July, pushing up dollar demand & forcing analysts to revise their Rupee forecasts.

On Camera

A stronger Iran has emerged from the rubble. US learned the lesson 40 days late

The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

Theaterisation proposal to be shared with defence ministry in a week or so—CDS Gen Anil Chauhan

Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.