Fuel Price Hike: ‘Fuel price hike inevitable’: State-run oil firms lose over Rs 1 lakh crore in 10 weeks amid Middle East crisis

State-owned oil marketing companies (OMCs) have incurred losses of more than Rs 1 lakh crore over the past 10 weeks as they continued to shield Indian consumers from soaring global fuel prices triggered by the ongoing Middle East conflictThe three state-run fuel retailers, Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited,…

Read More

Cabinet nod to railway projects worth Rs 25k crore

NEW DELHI: The Union cabinet Saturday approved two railway multi-tracking projects worth Rs 24,815 crore. Covering 15 districts across Uttar Pradesh and Andhra Pradesh, these projects will increase Indian Railways’ network by about 601 km. The projects are the 403- km Ghaziabad-Sitapur 3rd and 4th lines in Uttar Pradesh and the 198- km Rajahmundry-Visakhapatnam 3rd…

Read More

Fda Chocolate Recall: Spring & Mulberry recalls their massive lineup up of chocolates; here’s why

The North Carolina-based chocolate brand Spring & Mulberry has expanded its previous recall drive to cover its entire 12-line product catalog. The voluntary action comes amid fears of potential Salmonella contamination linked to an ingredient used in production.This announcement marks the second major expansion of the recall for the company, which is widely known for…

Read More

India Energy Data National Security: Gulf crisis: Government classifies energy data as national security matter; seeks real-time updates across oil, gas sector

The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the government moves to tighten oversight of supplies disrupted by the ongoing Middle East war.The oil ministry has issued the Petroleum and Natural Gas (Furnishing…

Read More