Headlines

Nitin Gadkari says India is sending Rs 22 lakh crore out of country to import petrol, diesel, and gas; pushes sugar mills to make compressed bio gas, bio-manure, and sustainable aviation fuel

According to Gadkari, making better use of sugarcane by-products could also improve returns for farmers. (Image for representative purpose only) India imports most of the fuel it consumes – be it crude oil, LPG, or even LNG. Union Minister for Road Transport and Highways Nitin Gadkari has said that India’s agriculture sector can help drive…

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Petrol Margins Q2Fy27: Petrol, diesel margins may jump in Q2FY27, but LPG losses to cap OMC gains: Report

Petrol, diesel margins for OMCs seen recovering sharply in Q2FY27 (representative image) India’s oil marketing companies (OMCs) could see a sharp recovery in petrol and diesel margins in the second quarter of FY27, although continued losses on LPG sales are likely to limit the overall benefit, according to a report by JM Financial Institutional Securities.The…

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Africa’s richest man picks Indian PSU for $450 million refinery contract in Kenya

Aliko Dangote, Africa’s richest person, has hired an Indian firm to oversee the construction of his next big project, a $16 billion refinery in Kenya.Engineers India Ltd (EIL), with a majority stake owned by the state, has signed a $450 million deal with Dangote to oversee the construction of the 700,000-barrels-per-day greenfield refinery and petrochemical…

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India’s GDP growth forecast: After Moody, S&P, Fitch and OECD raise FY27 projections

Moody’s Ratings last week raised its FY27 real GDP growth forecast to 7% from 6%. NEW DELHI: India’s growth outlook has received a broad upgrade from major global institutions, with the OECD, S&P Global Ratings, Fitch Ratings and Asian Development Bank (ADB) raising their GDP forecasts for the current financial year.The upgrades follow stronger-than-expected economic…

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In 2014, only 5,036 track km of railways could take 130 kmph train speeds. 12 years later that has increased 5 times to 24,173 track km, but punctuality remains at 77%

The expansion of higher-speed track infrastructure has been significant. Indian Railways is looking to up the average speed of trains and the length of railway tracks that are now capable of speeds of 130 kmph and above has nearly jumped five-fold since 2014. Yet, the overall punctuality remains at 77% in 2025-26, with only 3…

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Russian oligarch’s wedding gift to Trump Jr puts family dealings under scrutiny

Russian oligarch’s wedding gift for Trump Jr puts family dealings under scrutiny A Russian oligarch’s role in Donald Trump Jr’s wedding celebrations has now sparked a call for a Senate investigation from the GOP. Republican senator John Curtis of Utah has asked the Judiciary Committee to examine whether US president Donald Trump’s son benefited financially…

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