The United States is set to release 172 million barrels of oil from strategic reserve, the energy department said on Thursday. This came after US President Donald Trump said that he would tap into strategic reserves to reduce prices amid Iran war.“Right now we’ll reduce it a little bit and that brings the prices down,”…
MUMBAI: Reliance Industries (RIL) will bankroll the first new oil refinery project in the US in 50 years, marking one of its biggest overseas bets and a return to the American energy market after four years.America First Refining (AFR), the startup developing the refinery at the Brownsville port in Texas, said it received a “nine-figure…
Main course dishes at the lawyers’ canteen at Delhi high court were taken off the menu for a while on Wednesday; roti became the first casualty at Hyderabad hostels and PGs; and employees at Infosys campuses in Pune, Chennai and Bengaluru were notified that they may have to forgo dosa cravings, as the LPG scarcity…
NEW DELHI: The Centre has directed messaging platform Telegram to disable access to several channels accused of distributing pirated films and web series, asking the intermediary to comply within three hours of the notice being received.In a notification issued on Wednesday, the ministry of information & broadcasting invoked provisions of Information Technology Act, 2000, and…
NEW DELHI: The Centre has warned pharmaceutical companies against promoting prescription weight-loss GLP-1 drugs – popularly sold under brand names Ozempic, Wegovy and Mounjaro – through advertisements or “disease awareness” campaigns that indirectly encourage their use among the public.In an advisory, Central Drugs Standard Control Organisation said it had come to its notice that some…
Crypto Twitter Explodes After Influencer Claims Dubai Demanded Permit to Post A viral tweet by crypto trader ElonTrades, founder of Signal Labs, has sparked fresh debate about the rapidly evolving rules governing social media content in the United Arab Emirates. The trader, who describes himself on X (formerly Twitter) as “Crypto since 2017” and known…
Concerns over cooking gas availability amid the ongoing conflict in West Asia are prompting households to turn to electric kitchen appliances, triggering a sharp rise in demand for induction cooktops and electric kettles, industry executives said.Tata Group’s Croma has seen a strong spike in consumer interest in induction cooktops over the past few days, while…
The government’s move to relax foreign direct investment rules for China and other nations sharing land borders with India has drawn support from experts, who say the step attempts to strike a balance between attracting capital and protecting strategic interests. They also noted that the proposal for a 60-day fast-track approval window for investments in…
India’s purchases of Russian crude have surged about 50% in March as refiners move to secure alternative supplies amid disruptions to shipments from the Middle East due to the widening military conflict. Ship-tracking data showed imports rising to around 1.5 million barrels per day this month from 1.04 million bpd in February. India–the world’s third-largest…
A coordinated global effort to stabilise volatile energy markets gathered pace on Wednesday after the International Energy Agency (IEA) agreed to release the largest volume of emergency oil reserves in its history amid escalating tensions in the Middle East.According to an AP report, the Paris-based agency will make 400 million barrels available from members’ strategic…