Korea Exports Surge 36.7% on AI Semiconductor Boom, Hitting All-Time Record High
South Korea posted stellar trade figures for the first ten days of April, with exports jumping a massive 36.7 per cent year-on-year. The surge, which reached US$25.2 billion, established a new export record for the...
artificial intelligence cycle
crude oil imports
exports to china
exports to united states
petroleumproducts
semiconductor industry
south korea exports
trade surplus
New Delhi, April 11 – The Centre on Saturday increased excise duties on petroleum products, including high-speed diesel, with immediate effect, according to a notification issued by the Ministry of Finance.The Union government has hiked the export duty or windfall tax on diesel by Rs 34 per...
Mumbai, April 10 The conflict in West Asia may impact India's remittance flow, as one-third of the inflows from the diaspora come from Gulf Cooperation Council countries, according to Crisil Ratings on Friday.The current account deficit can be adversely affected due to a reduction in the...
basmati rice
bovine meat
ceramic products
crude oil prices
current account deficit
diaspora
export growth
gcc countries
gems and jewellery
gulf cooperation council
india
india economy
petroleumproducts
remittances
trade deficit
west asia conflict
New Delhi, April 4 The government on Saturday urged citizens to avoid panic buying of petrol, diesel, and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz.The Ministry of Petroleum and Natural Gas said the government is taking...
black marketing
diesel
domestic consumption
energy conservation
fuel supplies
government policy
hoarding
india
lpg
natural gas
petrol
petroleumproducts
price controls
refinery operations
supply chain management
New Delhi, April 2 The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries Ltd's SEZ refinery due to court rulings, a senior official said on Thursday.Effective from March 26, the government revised fuel levies, reintroducing export...
aviation turbine fuel (atf)
citi research
crude oil
department of revenue
diesel
energy sector
excise duty
export taxes
india
jefferies research
middle east conflict
petroleumproducts
reliance industries ltd
special economic zone (sez)
tax research unit (tru-1)
South Korea Inflation Rises to 2.2% in March Amid Surge in Global Oil Prices
Seoul, April 2: South Korea’s consumer price inflation accelerated to 2.2 percent year-on-year in March, exceeding the government’s 2 percent target, as rising global oil prices driven by prolonged Middle East tensions...
New Mangalore Port Berth 9 Redevelopment Approved for Public-Private Partnership
New Delhi, March 30 – The government has approved the New Mangalore Port Authority’s (NMPA) proposal for the redevelopment of Berth No. 9 for handling liquid bulk cargo on a Public-Private Partnership (PPP) basis...
berth no. 9
cargo handling capacity
crude oil
dbfot model
india maritime logistics
infrastructure modernization
liquid bulk cargo
lpg
marine infrastructure
new mangalore port authority
petroleumproducts
port redevelopment
public-private partnership
very large gas carriers
vessels
India Monitors Strait of Hormuz Tensions as Oil Tankers Transit Key Route
Indian Ships Continue Transit Amid Geopolitical Uncertainty
New Delhi, March 28 – Two more merchant vessels carrying petroleum products for India are likely transiting the Strait of Hormuz, even as rising geopolitical...
energy trade
geopolitical tensions
india
indian navy
iran
maritime transit
merchant vessels
petroleumproducts
port operations
shipping movement
strait of hormuz
Colombo, March 26 Sri Lanka and Russia began talks here on Thursday aimed at purchasing Russian oil to strengthen bilateral energy cooperation, officials said.The talks were led by visiting Russian Deputy Energy Minister Roman Marshavin, the Russian Embassy said.Officials of the state oil...
ceylon petroleum corporation
colombo
deputy energy minister
energy cooperation
energy crisis
energy security
foreign affairs
fuel supply
oil procurement
petroleumproducts
russia
russian oil
russian ruble
sri lanka
us sanctions
India Addresses Fuel Supply Concerns, Expands PNG Network
New Delhi – The Indian government is taking proactive steps to address concerns regarding petrol and diesel supply while simultaneously accelerating the rollout of piped natural gas (PNG) infrastructure across the country. According to...
cng
commercial lpg
crude oil
energy sector
essential commodities act
government policy
india
infrastructure development
ivfrt scheme
natural gas
natural gas distribution
petroleumproducts
pipeline expansion
png connections
retail outlets
supply chain
Moscow, March 25 Russia is set to redirect its hydrocarbon supplies to Asia amid growing demand, the Russian Energy Minister said on Wednesday, without naming any country, amid the ongoing West Asia crisis and the blockage of the Strait of Hormuz.India and China have been the main importers of...
asia
blue stream pipeline
crude oil
energy market
energy resources
energy security
hydrocarbon supplies
iran
lng
lpg
petroleumproducts
philippines
russia
russia-china
russia-india
sri lanka
strait of hormuz
supply chain disruptions
thailand
ukraine
Panaji, March 25 Goa Chief Minister Pramod Sawant said on Wednesday that there is no shortage of domestic LPG cylinders or petroleum products in the state, urging people not to resort to panic buying.Long queues have been seen outside petrol pumps across the coastal state since last night...
chief minister
commercial cylinders
domestic supply
goa
lpg cylinders
oil companies
panic buying
petrol pumps
petroleumproducts
png connections
rumors
state government
stock levels
supply chain
west asia
Global Oil Disruption: Jet Fuel and Diesel Prices Surge Faster Than Crude Amid Middle East Conflict
Refined Products Face Greater Impact Than Crude Oil
New Delhi, March 17: The ongoing conflict involving Iran across the Middle East is reshaping global energy markets, with refined petroleum...
china
crude oil market
diesel
energy markets
fuel exports
global economy
iran war
jet fuel
middle east conflict
naphtha
oil supply disruption
persian gulf
petroleumproducts
refining
south korea
strait of hormuz
thailand
South Korea Exports Surge 30% in February on AI-Driven Semiconductor Boom
February Exports Hit Record High Despite Fewer Working Days
Seoul, March 1: South Korea’s exports surged nearly 30 percent year on year in February, reaching the highest level ever recorded for the month, as strong global...
artificial intelligence
chip exports
computer exports
february exports
lunar new year
petrochemicals
petroleumproducts
semiconductors
shipments
south korea exports
steel exports
trade data
trade surplus
united states exports
wireless communication devices
Shipments Hit Record $43.5 Billion in First 20 Days
Seoul, February 23: South Korea’s exports climbed 23.5 percent year on year in the first 20 days of February, powered by robust semiconductor demand, according to data released by the Korea Customs Service.Outbound shipments reached $43.5...
ai demand
automobile exports
china exports
export growth
february trade
international trade
korea customs service
petroleumproducts
semiconductors
south korea exports
trade data
trade surplus
united states exports
vessels
yonhap news agency