Facing global energy disruptions, the Centre has launched a 60-day emergency plan, distributing extra kerosene to states for cooking and lighting. This move aims to support families experiencing LPG shortages, with authorities also intensifying raids against hoarding and black marketing to ensure supply chain integrity. Meanwhile, some consumers are switching to piped natural gas.
Stock market crash today: Nifty50 and BSE Sensex continued their slide on Monday, dropping sharply on negative global cues. While Nifty50 went below 22,350, BSE Sensex closed below 72,000.
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Asian markets opened lower as surging oil prices and escalating US-Iran tensions impacted investor sentiment. Oil prices extended their rally amid Iran’s retaliatory strikes and fears for the global economy. Diplomatic efforts are underway, with Pakistan preparing to host talks, while the US considers seizing Kharg Island.
Oil prices surged as the Middle East conflict reached its one-month mark, with Brent crude exceeding $110 and WTI surpassing $100. The involvement of Iran-aligned Houthis and increased US military presence in the region are fueling market uncertainty and disrupting crucial oil supply routes.
For over 25 years, members of the WTO have upheld a rule — no customs duties on electronic transmissions. While India has used it as a bargaining chip at every ministerial meeting. For India, the big win is managing to keep investment facilitation for development out of the WTO framework despite standing alone at the
People aware of the developments said since major car and two-wheeler manufacturers have their prototype FFV models ready, now govt needs to create the ecosystem for adoption of these vehicles. Govt has maintained that 20% ethanol blending in petrol has helped India save imports of around 4.5 crore barrels (700 crore litres) of crude annually.
