Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlighted that the government’s long-term energy planning is translating into tangible benefits for citizens, stating that the real test of policy lies in how seamlessly it supports daily life rather than in announcements alone.In a post on the social media platform X, the minister noted…
If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters.In an interview, Bessent said he doubted the court would…
As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
CHENNAI: India’s renewable energy sector wrapped up 2025 with a record-breaking surge in capacity additions, underscoring the pace of the country’s clean energy transition. About 48 GW of new renewable capacity was added during the year, including large hydro projects, while around 45 GW was added excluding the large hydro segment, compared with 28 GW…
US President Donald Trump held talks with senior oil executives on Friday (local time), pushing them to consider investments in Venezuela’s oil sector following the capture of President Nicolas Maduro. While Trump presented the country as newly secure and open for business, industry leaders responded cautiously, with one major executive saying Venezuela remains “uninvestable” without…
FILE – The 2024 Chevrolet Silverado EV sits on display at the Chicago Auto Show, Thursday, Feb. 9, 2023, in Chicago. (AP Photo/Charles Rex Arbogast, File) FILE – The 2024 Chevrolet Silverado EV sits on display at the Chicago Auto Show, Thursday, Feb. 9, 2023, in Chicago. (AP Photo/Charles Rex Arbogast, File) General Motors will…
NEW DELHI: India and the European Union (EU) on Friday held talks in Brussels on the proposed Free Trade Agreement (FTA) and reaffirmed their commitment to a rulesbased trading framework and a modern economic partnership that safeguards the interests of farmers and MSMEs. Commerce and industry minister Piyush Goyal is on a two-day official visit…
India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…
Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…
Investors are anticipating that the decision could either trigger a sharp surge in the Sensex and Nifty or exacerbate the turbulence. (AI image) Will the world continue to face US President Donald Trump tariffs or will the Supreme Court in America deem them illegal? It’s an important factor in the minds of investors world over,…