Amid concerns over global oil supply disruptions due to tensions in MIddle East, government sources on Saturday said India’s energy stock position is improving, adding that the situation has strengthened confidence about fuel supply stability in the country.According to government sources, the improvement in energy availability has reinforced the Centre’s position that petrol and diesel…
In a move aimed at improving upkeep in its residential complexes and boosting demand for its housing inventory, the Delhi Development Authority (DDA) has decided to take over day-to-day maintenance of its flats, including those constructed before 2021. The new system will come into force from April 1, 2026, according to a notification reviewed by…
Pensioners covered under the Employees’ Pension Scheme 1995 (EPS-95) will hold a three-day protest at Jantar Mantar in New Delhi from March 9, pressing for an increase in the minimum monthly pension to Rs 7,500 from the current Rs 1,000, PTI reported.The protest has been called by the EPS 95 National Agitation Committee, led by…
NEW DELHI: As geopolitical tensions escalate in the Middle East, India is exploring alternative energy sources to strengthen its energy security, with countries such as Australia and Canada offering additional gas supplies, according to official sources cited by PTI on Saturday.With ships and oil tankers avoiding the Strait of Hormuz in the Persian Gulf amid…
Global oil prices surged sharply this week as the war involving Iran intensified raising fears of prolonged disruptions to energy supplies from the Middle East.The spike in prices comes a week after the United States and Israel launched major attacks on Iran, escalating tensions into a wider regional conflict. The ongoing hostilities have disrupted key…
MUMBAI: Reserve Bank of India has proposed a ceiling of Rs 50,000 for digital frauds to be eligible for compensation of up to Rs 25,000. According to the draft, customers who lose more than Rs 50,000 in a cyber fraud incident will not qualify for this compensation mechanism.Banks must credit the compensation to the victim…
BENGALURU: The IT sector’s biggest dealmakers have historically emerged from a predominantly male cohort. Even as women account for a significant share of the workforce across large IT services firms, far fewer have traditionally occupied roles that drive multi-million and billion-dollar deals, underscoring a long-standing gap between corporate representation and influence. Though still a small…
NEW DELHI: A shipping lobby group and a state-run oil company on Friday sought security escort for vessels moving in and out of the Strait of Hormuz, the channel for oil and gas supply from West Asia, while also suggesting access through other ports, such as Yanbu in Saudi Arabia, to ensure uninterrupted flow of…
NEW DELHI: With West Asia-bound cargo ships stranded in India due to conflict in the region, shipping ministry on Friday directed all 12 major ports to consider requests for reduction, waiver or remission of charges, including for storage rent, reefer plugging and change of vessel.The ministry said ports may permit storage of cargo destined for…
NEW DELHI: India has sufficient foreign exchange reserves, low current account deficit and inflation rates, which collectively allow it to effectively mitigate the impacts of rising global crude oil prices and ensure domestic energy security despite the country’s high dependency on imported crude oil, a finance ministry report said on Friday.But it cautioned that if…
