October 13, 2026
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India’s state-run fuel retailers are approaching their borrowing limits as they continue selling petrol, diesel, and LPG below market prices, according to Oil Secretary Neeraj Mittal. The companies have been absorbing significant losses despite rising global crude oil prices. Mittal said revenue losses for state fuel retailers reached nearly ₹1 trillion in the first Continue Reading
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Gujarat has approved a revised power supply agreement with Tata Power, paving the way for the resumption of long-term electricity generation from its 4-gigawatt Mundra plant, according to a government document reviewed by Reuters. The imported coal-based facility had remained idle for the past six months after the withdrawal of an emergency compensation clause that […]Continue Reading
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India has sufficient coal reserves to meet an expected surge in electricity demand during the upcoming summermonths, the Ministry of Coal announced on Wednesday. The reassurance comes amid disruptions in global gas supplies caused by the ongoing U.S.-Israeli conflict with Iran. According to the ministry, the country currently holds about 210 million metric tons of […]Continue Reading
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Reliance Industries Ltd has announced that it has halted the processing of Russian crude oil at its Special Economic Zone (SEZ) refinery in Jamnagar, Gujarat, in order to comply with new European Union sanctions. The SEZ unit, which exports fuels like petrol, diesel and aviation turbine fuel to markets including Europe and the United States, […]Continue Reading

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