[ad_1] US President Donald Trump on Tuesday announced that the United States will build its first new oil refinery in 50 years, backed by investment from India’s Reliance Industries.The refinery is planned at the Port of Brownsville in Texas, a move the administration says will boost domestic energy production and create thousands of jobs.Trump made…
[ad_1] MUMBAI: The rupee rebounded Tuesday, closing at 91.81 against the dollar, up 54 paise from Monday as oil cooled and equities rebounded amid President Trump’s assurances of West Asia risk being short-lived. Brent crude plunged to below $90.8 a barrel after briefly nearing $120 a day earlier, easing pressure on India’s import bill and…
[ad_1] MUMBAI: Sales of induction cooktops have surged on e-commerce platforms as consumers are rushing to keep back-up options ready amid fears over disruption in supply of cooking gas.For Walmart-controlled Flipkart, sales volumes have tripled over the last four-five days as compared to the preceding three-four weeks, while Amazon has seen demand spike by as…
[ad_1] Revised Cost Estimate Under Sanction: Govt NEW DELHI: Now it’s official that railways will run B28, the bullet train being manufactured in India, on the first stretch of Ahmedabad-Mumbai bullet train project that is scheduled to be operational in Aug 2027. The railway ministry informed a parliamentary panel that the national transporter has decided…
[ad_1] NEW DELHI: India is supplying diesel to Bangladesh on a commercial basis as part of its existing trade agreement, officials said on Tuesday, amid reports that India had begun supplying 5,000 tonnes of fuel to the neighbouring country due to the energy crisis created by the conflict in West Asia.Officials said New Delhi had…
[ad_1] NEW DELHI: Govt on Tuesday said fertiliser plants had been placed under ‘priority sector-2’ for natural gas supply, thereby guaranteeing the industry at least 70% of its average natural gas consumption, reports Dipak Dash.In a notification, the ministry of petroleum and natural gas said the average would be calculated on the basis of the…
[ad_1] NEW DELHI: Facing a severe LNG (liquefied natural gas) crunch, govt on Monday invoked the Essential Commodities Act, 1955, to reallocate gas supply and slashed allocation for fertiliser and other industries, while seeking to ensure full availability for priority sectors such as domestic piped natural gas (PNG) for kitchens, compressed natural gas (CNG) for…
[ad_1] PC: National Academies of Sciences, Engineering, and Medicine (NASEM) Scientists are working tirelessly to read and know about other planets. They are looking for chances to find life on all other planets. One of the studies suggests that three autonomous Robots were sent to a volcanic lava tunnel in Lanzarote. This was accelerated to…
[ad_1] The Reserve Bank of India has capped the maximum dividend payout by banks at 75% of profit after tax (PAT), with the new prudential norms set to take effect from the financial year 2026-27.The central bank on Tuesday issued the Reserve Bank of India (Commercial Banks – Prudential Norms on Declaration of Dividend and…
[ad_1] US appeals court orders end to SAVE student loan repayment plan affecting millions of borrowers nationwide. (Getty Images) A federal appeals court in the US has ordered the end of the Saving on a Valuable Education (SAVE) plan, a repayment programme introduced during the Biden administration that was used by millions of student loan…
