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Thursday, August 14, 2025
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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.