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Petroleum Lobby Resisting Green Energy Push in India, Says Minister Nitin Gadkari

Pune, India: India’s Union Minister for Road Transport and Highways, Nitin Gadkari, said on Friday that powerful petroleum interests are resisting efforts to promote alternative and green fuels in the country because of the massive financial stakes tied to fossil fuel imports. Speaking at a conference organized by the Indian Federation of Green Energy (IFGE) … Read more

PESB to Hold Interviews for CONCOR CMD Post on March 16

New Delhi, March 6, 2026 — The Public Enterprises Selection Board (PESB) will conduct interviews on March 16, 2026, to select the next Chairman and Managing Director (CMD) of Container Corporation of India Limited (CONCOR), one of India’s leading logistics and containerized freight companies. CONCOR, a Maharatna public sector enterprise operating under the Ministry of … Read more

NMDC Revises Iron Ore Prices Effective March 6, 2026

New Delhi, India: State-run mining company NMDC Limited has announced revised prices for its iron ore products, effective March 6, 2026, according to a regulatory filing submitted to stock exchanges. The company informed both BSE Limited and National Stock Exchange of India about the updated pricing under Regulation 30 of the Securities and Exchange Board … Read more

U.S. Deputy Secretary Says America Can Be India’s Most Reliable Energy Partner

New Delhi, India — A senior U.S. official has said the United States could become one of India’s most reliable alternative energy partners, highlighting growing strategic cooperation between the two countries. Speaking at the 2026 edition of the Raisina Dialogue in New Delhi, Christopher Landau, Deputy Secretary of State of the United States, emphasized that … Read more

Adani Total Gas Triples Industrial Gas Prices Amid Global LNG Supply Disruptions

New Delhi, India — Adani Total Gas Limited (ATGL), a joint venture between Gautam Adani’s Adani Group and France-based TotalEnergies, has sharply increased gas prices for its large industrial customers, citing global supply disruptions and rising procurement costs. According to company sources, the price of industrial gas has been raised from ₹40 per standard cubic … Read more

QatarEnergy Declares Force Majeure; Petronet LNG Alerts GAIL, IOC and BPCL Over Potential Gas Supply Disruptions

New Delhi : India’s largest liquefied natural gas importer, Petronet LNG Limited, has received a Force Majeure notice from its long-term supplier QatarEnergy, raising concerns about possible disruptions in LNG supplies to India. In response, Petronet LNG has issued corresponding Force Majeure notices to its key gas off-takers under existing Gas Sale and Purchase Agreements. … Read more

Middle East Tensions Could Drive Up Fuel, Cooking Gas and Food Prices in India: Trade Report Warns

New Delhi — Escalating tensions in the Middle East are raising serious concerns about global supply chains, with experts warning that the crisis could soon trigger a major economic shock for India. A new report by the Global Trade Research Initiative (GTRI) says disruptions in the region could push up prices of not only petrol … Read more

India Denies Claims That U.S. Navy Is Using Indian Ports for Operations Against Iran

New Delhi: India’s Ministry of External Affairs has strongly rejected reports claiming that the U.S. Navy is using Indian ports as operational bases for attacks against Iran, calling the allegations “false and fabricated.” The clarification came amid rising geopolitical tensions in the Middle East. India’s official fact-check handle issued a statement on social media dismissing … Read more

The escalating conflict in the Middle East has triggered a sharp sell-off in Indian equities, wiping out billions of dollars in investor wealth and rattling markets across Asia.

Sensex Plunges 1,773 Points Amid Global Shockwaves Mumbai — India’s stock market tumbled sharply Wednesday morning as intensifying tensions involving Israel, Iran, and the United States sent shockwaves through global financial markets. The benchmark Bombay Stock Exchange Sensex fell 1,773 points, or 2.21%, to 78,465 in early trading. Meanwhile, the National Stock Exchange Nifty 50 … Read more

India Signals Increased Interest in Russian Crude Amid Gulf Supply Crisis

Moscow/New Delhi: As geopolitical tensions escalate in the Middle East and concerns grow over disruptions in the Strait of Hormuz, India is signaling renewed interest in boosting imports of Russian crude oil to safeguard its energy security. The crisis intensified following U.S. and Israeli strikes on Iran, raising fears that Tehran could block or restrict … Read more

Oil and Natural Gas Corporation Posts Strong Q3 FY26 Growth Despite Lower Crude Prices

NEW DELHI — Oil and Natural Gas Corporation (ONGC) reported a resilient set of third-quarter results for fiscal year 2025–26, delivering higher profits and increased shareholder payouts despite a sharp decline in global crude oil prices. The state-run energy major posted a 22.6% year-over-year jump in consolidated net profit to ₹11,946 crore, compared with ₹9,747 … Read more

India Signs 5,083 Crore Defense Deals for Naval Missiles, Coast Guard Helicopters

NEW DELHI  — India’s Ministry of Defence has signed contracts worth ₹5,083 crore (approximately $610 million) to procure six Advanced Light Helicopters (ALH) Mk-III for the Indian Coast Guard and Vertical Launch Shtil (VL-Shtil) surface-to-air missiles for the Indian Navy, significantly strengthening the country’s maritime security framework. The agreements were signed at South Block in … Read more

Railway Board Appoints Rajesh Naik as Director (Projects) at IRCON International Limited

NEW DELHI  — The Railway Board has announced the appointment of Rajesh Naik as Director (Projects) at IRCON International Limited, following the approval of the President of India. Tenure and Performance Review Naik’s appointment took effect on February 13, 2026 (forenoon) and will continue until May 31, 2030 — the date of his superannuation — … Read more

Public Enterprises Selection Board Invites Applications for Director (Projects) at GAIL (India) Limited

NEW DELHI — The Public Enterprises Selection Board (PESB) has invited applications for the position of Director (Projects) at GAIL (India) Limited, a Maharatna public sector enterprise under the Ministry of Petroleum and Natural Gas. The vacancy notice was issued on March 3, 2026, and eligible candidates may apply online through the PESB website until … Read more

Mahanagar Telephone Nigam Limited Extends Additional Charge of Director (Finance) to Rajiv Kumar for One Year

NEW DELHI  — State-owned telecom operator Mahanagar Telephone Nigam Limited (MTNL) has announced the extension of the additional charge of Director (Finance) to Rajiv Kumar, who currently serves as Director (Finance) at Bharat Sanchar Nigam Limited (BSNL). The disclosure was made to stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and … Read more

Mangalore Refinery and Petrochemicals Limited Declares 40% Interim Dividend for FY26, Appoints New Secretarial Auditor

BENGALURU  — The Board of Directors of Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited (ONGC), has approved a 40% interim dividend for the financial year 2025–26 and recommended the appointment of a new Secretarial Auditor for a five-year term. Interim Dividend Announced The Board declared an interim … Read more

India Issues Nationwide Alert Amid Escalating West Asia Tensions After Killing of Iran’s Supreme Leader

New Delhi: India’s Ministry of Home Affairs (MHA) has directed all states and Union Territories to remain on high alert following the reported killing of Iran’s Supreme Leader, Ali Khamenei, in a joint U.S.-Israeli military strike. The development has sparked protests in several parts of India and raised concerns over potential domestic unrest. According to … Read more

HUDCO Hosts First Cultural Day ‘Taana Baana’ to Celebrate India’s Unity in Diversity

New Delhi: Housing and Urban Development Corporation Limited (HUDCO) organized its first-ever Cultural Day, titled ‘Taana Baana’, marking a vibrant celebration of India’s rich cultural heritage and the enduring spirit of unity in diversity. The event brought together HUDCO employees and their families for a colorful showcase of traditions, art, music, dance, and regional cuisine … Read more

PM Narendra Modi Launches Development Projects Worth ₹2,700 Crore in Puducherry

Puducherry : Indian Prime Minister Narendra Modi on Sunday inaugurated, dedicated to the nation, and laid the foundation stone for a series of development projects valued at more than ₹2,700 crore in Puducherry, aimed at boosting infrastructure, improving ease of living, and accelerating economic growth in the Union Territory. According to an official statement issued … Read more

Government Appoints Praveen M. Khanooja as Interim CMD of Engineers India Limited

New Delhi: The Government of India has appointed Praveen M. Khanooja as the Interim Chairman and Managing Director (CMD) of Engineers India Limited (EIL), according to an official disclosure made under applicable stock exchange regulations. The appointment has been made in line with regulatory requirements prescribed by the Securities and Exchange Board of India (SEBI). … Read more

Harbrinder Singh Bajwa Takes Additional Charge as Director (Domestic) at CONCOR

New Delhi: Container Corporation of India Ltd. (CONCOR) has announced that Harbrinder Singh Bajwa has assumed additional charge as Director (Domestic Division) on the company’s Board, effective March 1, 2026 (forenoon). The appointment follows an order issued by the Ministry of Railways on February 20, 2026. According to the official communication, Bajwa has been entrusted … Read more

Ashok Kumar Mali Promoted as Executive Director of NLC India Limited

Chennai : NLC India Limited, a Navratna public sector enterprise under the Government of India, has announced the promotion of Shri Ashok Kumar Mali as Executive Director (Senior Management Personnel), effective March 1, 2026. The promotion is part of the company’s internal succession planning process and is aimed at further strengthening its leadership and financial … Read more

Northern Coalfields Limited Felicitates 59 Employees Retiring in February

New Delhi : Northern Coalfields Limited (NCL) bid a warm farewell to 59 employees who retired at the end of February, recognizing their long and dedicated service to the organization. The retirees included 11 officers and 48 staff members from various projects, units, and departments of the company. Felicitation ceremonies were organized at the company’s … Read more

NTPC Pays ₹2,666.58 Crore Second Interim Dividend for FY26, Extends 33-Year Dividend Track Record

New Delhi : NTPC Ltd., India’s largest power generation company, has paid its second interim dividend of ₹2,666.58 crore for the financial year 2025–26, underscoring its strong financial performance and long-standing commitment to shareholder returns. The dividend, which represents 27.50 percent of the company’s paid-up equity share capital, was credited to eligible shareholders on February … Read more