Fuel prices in India may witness an increase as oil companies are considering a hike following the continuing conflict in West Asia. According to reports, petrol and diesel prices could rise by up to Rs 5 per litre. Oil companies have cited disruptions in fuel supply through the Strait of Hormuz and rising global tensions Read More…
Prime Minister Narendra Modi on Sunday urged citizens to cooperate with possible restrictions and adopt energy-saving measures amid the continuing crisis in West Asia. Speaking at an event in Hyderabad, Modi called on people to avoid unnecessary foreign travel in order to help protect the country’s foreign exchange reserves. He also appealed to citizens to Read More…
India’s state-run oil companies are reportedly suffering losses of ₹700 crore to ₹1,000 crore per day as petrol, diesel and LPG prices remain unchanged despite a sharp rise in global energy prices amid the West Asia conflict. According to estimates, the losses have touched nearly ₹30,000 crore a month as public sector oil firms continue Read More…
Foreign Secretary Vikram Misri visited the United Arab Emirates on Thursday and held discussions with UAE Minister of State Reem Al Hashimy on the evolving situation in West Asia. According to the Ministry of External Affairs, the two sides also reviewed bilateral cooperation in areas including trade, investment, energy, defence, connectivity, fintech, healthcare, education and Read More…
The Bihar government has constituted a crisis management group to ensure uninterrupted supply of essential goods and services in view of the ongoing West Asia conflict. According to the state’s Disaster Management Department, the group will be headed by Chief Secretary Pratyaya Amrit. The panel includes senior officials such as the development commissioner, the additional Read More…