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Govt Mandates Standard Packaging Sizes For Edible Oils To Help Consumers Compare Prices
The decision follows extensive consultations with major edible oil industry associations representing nearly 90% of the country's edible oil sector.
Oman Suspends Oil Loading At Mina al Fahal Terminal After Explosion: Report
Iran's state media on Thursday claimed the country's navy had targeted a US military vessel in the Sea of Oman, an allegation which was denied by US Central Command.
Maruti unveils India's first flex-fuel car: What is a flex fuel vehicle? How does it work? Will it cut your fuel bill? Here's all
Maruti Suzuki has introduced India's first flex-fuel passenger car. This technology allows vehicles to run on petrol or petrol-ethanol blends. It is seen as a significant step towards reducing crude oil imports. The move also aims to lower carbon emissions and enhance India's energy security. This innovation could unlock substantial benefits for the country.
Maruti Suzuki to fuel India's ethanol shift with first flex-fuel car that's coming soon
India's auto sector is set for a revolution with Maruti Suzuki launching the country's first mass-market flex-fuel passenger vehicle. This move supports green mobility and reduces oil imports. The vehicle can run on petrol and ethanol blends up to 100 percent. This initiative boosts the rural economy and promotes cleaner transport. The government is also expanding E100 fuel infrastructure nationwide.
Relentless Selloff: FIIs pull out 10 years' worth of India equity inflows
Foreign investors' cumulative net equity investments in India have fallen to their lowest level since 2016 after sustained selling, underscoring weakening appeal for the country's $4.9 trillion stock market. Net FPI investments stood at Rs 7.3 lakh crore as of June 1. Rising oil prices, concerns over economic growth, and a global shift toward AI-linked markets have weighed on sentiment.
US Stock Market Today: S&P 500, Nasdaq Edge Higher As Oil Retreats; Micron Rockets Another 6%
Iran has reportedly committed to restore the number of ship transits through the Strait of Hormuz to pre-war levels within one month if the United States removes their naval blockade and withdraws military forces from the country's vicinity.
Centre Examining Introduction Of Standard Packaging Of Cooking Oils
This follows suggestions from major industry associations representing around 90% of the country's edible oil sector.
Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firms
Bangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and lessen dependence on costly LNG imports. New production sharing contracts offer more attractive terms to international companies. This initiative targets 26 offshore blocks in the Bay of Bengal.
Efforts being made to ensure adequate fuel supply at petrol pumps, says govt official
State-run fuel stations are seeing increased demand. This is happening because private companies have raised prices significantly. Bulk consumers are also buying fuel at retail outlets. This shift is causing shortages at some stations. The government is working to ensure adequate supplies. Crude oil and fuel supplies remain sufficient in the country.
India Must Treat Fuel, Fertiliser And Food As One Challenge To Navigate West Asia Shock: CII
The country is highly reliant on imports, bringing in 88% of crude oil, 90% of phosphates and 25% of urea. A considerable portion of imports also passes through the Strait of Hormuz.
Venezuela Circulates Draft of Oil Law Regulations for Companies
The Venezuelan government is circulating a draft of regulations as part of its newly enacted oil law, highly anticipated by companies planning to invest in the country’s increased oil production.
Asian shares pressured by inflation worries as oil prices extend rally
Japan's Nikkei also dropped 1.2 per cent as data showed the country's wholesale inflation accelerated to 4.9 per cent in April, the fastest pace in three years