Shares of Reliance Industries Limited (RIL) rose in early trade on Wednesday after reports that the company could be involved in a major oil refinery project in the United States…
Category: Testing
Air India raises fuel surcharge as Iran war pushes up jet fuel prices; travel to get costlier
Air travel is set to become costlier, with Air India announcing a phased fuel surcharge on domestic and international routes amid a sharp rise in jet fuel prices linked to…
G7 stops short of releasing oil reserves, asks IEA to assess market options
Energy ministers from the G7 group of countries stopped short of deciding on the release of strategic oil reserves in a call on Tuesday and instead asked the International Energy…
India eases FDI rules for China, allows up to 10% stake without government approval
India has eased foreign direct investment (FDI) rules for companies linked to China and other neighbouring countries that share land borders with it, allowing limited investments without prior government approval.…
Main Hoon Naa: IndiGo interim head’s message to employees amid leadership change
Following the resignation of CEO Pieter Elbers, In his first internal communication to employees, Bhatia addressed the airline’s recent operational crisis and outlined his priorities for the company moving forward.…
IndiGo CEO Pieter Elbers steps down; Rahul Bhatia takes interim charge
IndiGo said on Tuesday that its CEO Pieter Elbers has stepped down with effect from March 10, 2026. The resignation comes after the airline faced its worst-ever operational crisis in…
Airlines raise fares as Iran conflict sends jet fuel prices soaring
Airlines in different parts of the world have started increasing ticket prices after fuel costs surged following the conflict involving Iran. Several carriers say the sudden jump in jet fuel…
Government says LPG production up 10%, dismisses shortage concerns
The government on Tuesday said there is no shortage of LPG in the country and that supplies have stabilised after concerns were raised about a possible shortage of commercial cylinders.…
Middle East countries cut daily oil output amid Hormuz disruption: Bloomberg News
Oil production cuts across major Middle Eastern producers are deepening as shipping through the Strait of Hormuz remains severely disrupted, trimming roughly 6% from global oil supply, according to a…
Essential Commodities Act invoked by India amid LPG shortage. What does it mean?
The government has invoked the Essential Commodities Act to safeguard cooking gas supplies as reports of LPG shortages are beginning to affect businesses in several cities amid global energy uncertainty…