India set to save Rs 1.8 lakh crore on oil imports after global price dip
Wednesday, 7 May 2025 () India is set to save significantly on its crude oil and LNG import bill, potentially reaching Rs 1.8 lakh crore, due to declining global energy prices. While upstream oil companies may see reduced profits, OMCs are expected to maintain healthy margins. Lower LPG under-recovery and government compensation are expected to support the profitability of downstream companies.
Russian President Vladimir Putin has called for a global effort to combat Nazism, Russophobia, and Anti-Semitism, stressing that Russia, having paid an enormous price in the fight against Nazi Germany,..
In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25...
Amid intensifying trade tensions with the U.S., China has cut its crude oil imports from Washington by 90%, turning instead to Canada as a key supplier. Bloomberg reports record shipments from Canada's..
Wednesday, 7 May 2025 ()
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