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India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say
India has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns due to Middle East tensions. A Russian LNG tanker bound for India remains in limbo. India prioritizes avoiding sanctioned cargoes due to compliance risks. Russia seeks new markets for its LNG exports.

140 Bps Cut: HSBC Sharply Slashes India GDP Forecast Citing Energy Shock, Deficit Rainfall Forecast
The brokerage said it has accounted for up to Rs 7 hike per litre on petro.

Sunil Bharti Mittal says now is the time to ‘double down’ on investing in India: 'Cut obsession with gold imports'
Amid soaring global crude oil prices and an energy crisis fuelled by the ongoing US-Iran conflict, Sunil Bharti Mittal, also advocated the use of renewable energy.

Stocks to Watch for May 12: JSW Energy, Ather Energy, Indian Hotels, Groww and more
From JSW Energy reporting record EBITDA in the March quarter to Indian Hotels reporting a strong Q4 performance and announcing a dividend of ₹3.25 per share, these are some stocks to watch ahead of Tuesday's trading session.
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: Centre
India is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy security and ample reserves. This collective effort aims to ease the nation's financial burden from high international crude prices. Prime Minister Modi urges public participation to reduce consumption and protect foreign exchange reserves.
JSW Energy Q4 PAT jumps 38% YoY to Rs 574 cr
JSW Energy reported an 38.36% jump in consolidated net profit to Rs 573.53 crore in Q4 FY26, compared with Rs 414.51 crore in Q4 FY25.
Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy
India's Petroleum Ministry confirms stable fuel supplies despite global energy challenges. Crude oil inventories are secure, refineries operate at peak capacity, and no fuel shortages are reported nationwide. The government urges citizens to conserve fuel by using public transport, carpooling, and opting for electric vehicles. These measures aim to ease the nation's economic burden and reduce import dependence.

Fervo Energy files for upsized 70M share IPO at $25-$26/sh - Investing.com India
Fervo Energy files for upsized 70M share IPO at $25-$26/shInvesting.com India

Fervo Energy now targets up to $7.37 billion valuation in upsized IPO - Investing.com India
Fervo Energy now targets up to $7.37 billion valuation in upsized IPOInvesting.com India

JSW Energy Q4 Results: Profit Slides Even As Revenue Jumps 40%; Dividend Declared
JSW Energy's net profit was at Rs 372 crore.
JSW Energy consolidated net profit declines 8.94% in the March 2026 quarter
Sales rise 41.05% to Rs 4498.58 crore
Govt mulls incentives to boost floating solar panel installation
India plans incentives for floating solar panels to spread renewable energy across the country. This aims to avoid concentration in a few states. The nation envisions significant renewable energy capacity and battery storage by 2050. Efforts are underway to boost domestic manufacturing of solar components. Addressing renewable energy curtailment and strengthening grid infrastructure are top priorities.