Economy

India's chief negotiator Darpan Jain, additional secretary in the department of commerce is leading the team.

LPG cylinder sold to domestic households fell 8.1% in March to 2.219 million tonne while those sold to non-domestic users was down almost 48%.

Moreover, vessels that do not pay the fees will have their passage postponed, as per reports.

Since the conflict began in late February, more than 500 million barrels of crude and condensate have been knocked out of the market, according to Kpler data.

Asia's emerging economies have borne the brunt of the global energy crisis as a seven-week war in the Persian Gulf cuts off vital flows of oil and gas.

The survey also noted that 93% of respondents supported mandatory hallmarking of silver items.

The meeting chaired by PM Narendra Modi sanctioned an additional allocation of Rs 3,000 crore for the scheme, aimed at improving rural road connectivity across the country.

The fund will be utilise for cost-effective insurance cover for Indian-flagged vessels. The move follows recent concerns over the safety of vessels amid the ongoing US-Iran conflict and the movement of ships across the Strait of Hormuz.

This week was about three very different things — a humble gavar in Rajasthan, a fancy luxury store in Mumbai, and a (boring-looking) policy document from the World Bank.

Iran on Fridayhad said it had fully reopened the Strait of Hormuz to commercial vessels, but questions remained on Saturday over how freely ships could transit the waterway, as Tehran maintained control over passage

The temporary authorisation, which applies to Russian crude that would otherwise be sanctioned, comes after a previous waiver expired April 11.

The surge in energy costs, disruption of key supplies, and the resulting inflationary surge have created a shaky economic environment in the United States.

Industrial policy is only as effective as the state that designs and implements it. That said, neither industrial nor free market policies are a silver bullet.

Information will be collected from nearly 4.5 lakh households across the country, selected through a scientifically designed sampling methodology.

The waiver was only for oil that was on the water prior to March 11, the US Treasury Secretary said.

The government has also advised the industry to switch to cleaner fuels like electric furnaces and PNG where available.

While the aviation industry braces for a Rs 18,000-crore hit, the food services sector will by impacted by a massive Rs 79,000 crore, according to PHDCCI.

Fatih Birol says flight disruptions could begin soon if Middle East oil flows are not restored, as Europe's fuel reserves come under mounting pressure.

S&P said energy supply disruptions that lead to fuel rationing or shortages of related products, such as fertilisers, would be a risk.

The free trade pact between India and New Zealand aims to provide tariff-free access to the island nation's market for domestic exporters' goods and will bring in $20 billion in investment over the next 15 years.