Modi govt asking people to not panic as if it’s citizens’ fault: Sagarika Ghose on LPG crisis Accusing the government of not acknowledging the “severe LPG shortage”, TMC Rajya Sabha deputy leader Sagarika Ghose said on Thursday (March 26, 2026) that the Centre was disconnected from reality and not making any attempts to calm the … Read more
Oil prices fell more than 5%, and Asian shares gained on Wednesday (March 25) over the prospect of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo’s Nikkei 225 was up 2.8% to 53,721.30 in early trading. South Korea’s Kospi gained 3.1% to 5,728.22. Hong Kong’s Hang Seng rose … Read more
India does not expect the ongoing Middle East conflict to significantly disrupt its ability to meet peak summer electricity demand, with the government banking on coal, renewables and battery storage to offset any stress from gas supply disruptions.Speaking on the sidelines of the Bharat Electricity Summit 2026, power secretary Pankaj Agarwal said the country’s electricity … Read more
S&P Global Ratings on Wednesday said profit margins of oil marketing companies like IOC, BPCL and HPCL, could suffer as they are likely to keep retail prices of petrol and diesel unchanged to curb inflationary pressures. Oil prices have risen since the start of the U.S.-Iran war with crude rising to over $100 per barrel … Read more