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US-Iran peace deal eases oil risk premium, supply risks persist

New Delhi, June 15 -- New Delhi: Oil markets fell sharply on Monday as traders unwound geopolitical risk premiums tied to the West Asia conflict, after reports of a US-Iran peace deal prompted expecta... Read More


India ramps up J&K hydropower projects amid Indus Water Treaty pause

New Delhi, June 15 -- India has started work on three hydropower projects in Jammu and Kashmir, entailing a combined investment of around $3 billion, as the government looks to use excess water domest... Read More


AM Green, V.O.C Port Authority to develop 200ktpa green ammonia bunkering hub

New Delhi, June 12 -- Greenko-founders-backed AM Green on Friday announced a partnership with V.O. Chidambaranar Port Authority (VOCPA), under the ports ministry, to jointly develop a 200 kilotonne pe... Read More


Oil prices fall after Trump cancels 'planned strikes' on Iran, says deal to be signed 'shortly'

New Delhi, June 12 -- Global oil prices fell below $90 per barrel on Friday after US President Donald Trump announced that he had cancelled the "planned strikes" on Iran and said a deal with Tehran ha... Read More


India protests second attack on vessel with Indian crew as West Asia conflict deepens

New Delhi, June 11 -- US forces on Thursday struck MT Jalveer, a Guinea-Bissau-flagged vessel carrying 20 Indian crew members, days after a similar attack on another ship with Indian sailors on board,... Read More


Centre pushes LPG users to switch to piped natural gas amid supply strain

New Delhi, June 10 -- The Union ministry of petroleum and natural gas has asked states to accelerate the migration of liquefied petroleum gas (LPG) consumers to piped natural gas (PNG), wherever infra... Read More


Cabinet approves Ahmedabad Metro expansion, Amaravati projects worth Rs.4,703 crore

NEW DELHI, June 10 -- The Union cabinet on Wednesday approved infrastructure projects worth about Rs.4,703 crore, Phase 2(A) of the Ahmedabad metro rail project and new government office and residenti... Read More


Oil prices ease after Israel, Iran halt attacks; markets eye ceasefire

New Delhi, June 9 -- International crude oil prices eased marginally on Tuesday morning after Israel and Iran signalled a pause in hostilities, easing immediate concerns over supply disruptions in Wes... Read More


Solar sector feels the heat as cost spike threatens project economics

New Delhi, June 9 -- The West Asia conflict is starting to raise the cost of India's clean-energy transition. Industry executives said higher prices of copper, aluminium and a supply crunch in key pet... Read More


Adani Group to acquire NIIF-EESL smart-metering joint venture IntelliSmart for Rs.3,050 crore

New Delhi, June 9 -- Power transmission and distribution company Adani Energy Solutions Ltd is poised to acquire IntelliSmart Infrastructure Pvt. Ltd, the smart-metering joint venture between the Nati... Read More