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Thursday, January 29, 2026
TopicIndian Oil Corp.

Topic: Indian Oil Corp.

UAE’s ADNOC Gas and Indian Oil sign $7-9 billion 14-year deal for LNG supply

The deal was signed during PM Modi's visit to the UAE last week, said IOC adding that India's trade treaty with the UAE enables it to import LNG without paying a 2.5% import tax.

India’s diesel sales fall 7% in November after reaching pre-Covid levels in October

The drop in sales is a reminder that the recovery path for India’s economy, which technically entered a recession last week, will likely be a bumpy one as Covid rages unabated.

Indian Oil plans for a clean future with 50 hydrogen-CNG buses in Delhi

Indian Oil will deploy 50 buses around the capital powered by a blend of hydrogen and CNG & the fleet could start rolling as soon as this year.

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 cabinet to consider cutting govt stake in Indian Oil to below 51%

India can sell as much as 26.4% of its holding in Indian Oil — valued at about Rs 330 billion — and still retain indirect control. The govt is looking to raise a record Rs 1.05 trillion given sluggish revenue collection.

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.

Gautam Adani among 400 bidders for India’s latest city-gas licenses auction

Evaluation of bids in ninth round of auctions will run from 12 to 18 July, licenses expected to be awarded by October.

On Camera

How Djokovic & his luck outplayed opponents in major tournaments—walkovers to retirements

By the 2024 US Open, ESPN noted that Djokovic had advanced via opponent retirements or walkovers 16 times at Majors, the most of any male player in the Open Era.

Flagging growing obesity & heart disease risk, Economic Survey recommends hiking taxes on junk food

The Economic Survey linked ultra-processed foods (UPFs) with worsening diet quality and higher risks of obesity, diabetes, heart disease and mental health conditions.

Indian Army ties up with US drone company that made its name in the Ukraine conflict

Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.