Indian fuel retailers face margin pressure amid rising energy prices: Rating agencies
NEW DELHI, Mar 11 (PTI): India’s state-owned oil marketing companies – Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited – are under pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and dependence on imported energy, global rating agencies said. India imports 88 per cent of […]
Snow, rainfall continue to lash Kashmir for second day: Officials
Srinagar, Mar 11 (PTI) The snowfall in Kashmir’s upper reaches and moderate rain in the Valley plains continued for the second day on Wednesday, officials said here. Keran, Macchil (Kupwara district), Gurez in Bandipora district, and the Sonamarg-Zojila axis in central Kashmir’s Ganderbal district were among the higher reaches that received snowfall, the officials said, […]
Indian students begin leaving Iran; first batch to head towards Armenia border
New Delhi, Mar 11: Indian students studying in Iran have begun making arrangements to leave the country amid growing safety concerns, with the first batch expected to depart for the Armenia border on Thursday as evacuation plans gradually take shape. According to information shared with students, those enrolled at Tehran University of Medical Sciences (TUMS), […]
Terrorist killed along LoC in Rajouri identified as LeT launching operative
JAMMU, Mar 11 (PTI): The terrorist who was killed along the Line of Control (LoC) in Rajouri district during a failed infiltration attempt has been identified as a launching operative of Pakistan-based Lashkar-e-Taiba (LeT) outfit, officials said on Wednesday. According to the army, the terrorist was killed in the general area of Jhangar in the […]
UN warns of higher food prices, cost-of-living if Strait of Hormuz shuts
United Nations, Mar 11 (PTI) The United Nations has warned of significant risks to global trade and development, including higher food prices and cost-of-living, if the Strait of Hormuz is closed amid the West Asia conflict. The UN Conference on Trade and Development (UNCTAD) said in a report Tuesday that the ongoing military escalation in […]
Centre proposes changes in Drug Rules to align blood product testing with global standards
New Delhi, Mar 11 (PTI) The Union Health Ministry has proposed to amend the Drugs Rules, 1945, to align regulatory requirements for testing blood products with internationally accepted pharmacopoeial standards and remove testing requirements not warranted under global best practices. It has issued a draft gazette notification, inviting public comments on a proposal to amend […]
US says it destroyed 16 mine-laying vessels as Iran threatens to block Gulf oil exports
Dubai, Mar 11 (AP) The US military said it took out multiple Iranian vessels on Tuesday as the Islamic Republic vowed to block the region’s oil exports and concerns grew about the country’s threats to stop tankers from using a waterway through which 20 per cent of the world’s oil is shipped. The US destroyed […]
Cattle smuggling bid foiled; 20 cattle crammed inside water tanker, truck rescued
Jammu, March 11 (PTI) Police on Tuesday rescued 20 bovine animals which were allegedly being trafficked in a cruel manner inside a water tanker and a truck in two separate operations in Kathua district, and arrested two suspects over involvement in cattle smuggling, officials said. In the first operation, a police team intercepted a tractor […]
Air India, its subsidiary to operate 58 flights to and from West Asia
Mumbai, Mar 11 (PTI) Full-service carrier Air India and its low-cost subsidiary Air India Express have said they will together operate a total of 58 scheduled and non-scheduled flights to and from West Asia on Wednesday. Amid the escalating conflict in the region involving the US, Israel and Iran, airlines are operating services in a […]
Govt rejigs gas allocation; LPG, CNG, piped cooking gas get top priority
NEW DELHI, Mar 10 (PTI): Domestically produced natural gas will now be supplied on a priority basis to units that use it to produce LPG, a government notification said amid disruptions of imports due to the West Asia conflict. Until now, compressed natural gas (CNG) and piped cooking gas were the two priority sectors to […]