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    Bank Credit to Industry Grows at 13.5% in Latest Fortnight

    Bank Credit to Industry Grows at 13.5% in Latest Fortnight Mumbai, March 30 – Bank credit to the Indian industry witnessed a significant acceleration, growing at a rate of 13.5 per cent during the fortnight ending February 28, 2026, according to data released by the Reserve Bank of India (RBI)...
    • Himanshu
    • Thread
    • bank credit chemicals coal products commercial real estate engineering gold jewellery housing infrastructure medium industries micro industries non-banking financial companies nuclear fuels personal loans petroleum rbi data sectoral deployment services sector small industries textiles vehicle loans
    • Replies: 0
    • Forum: Business
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    Government Allows Temporary Kerosene Use in States

    India Temporarily Reopens PDS Kerosene Supply in 21 States Amid Energy Crisis New Delhi, March 30 – The central government has authorized the temporary allocation of public distribution system (PDS) kerosene in 21 states and Union Territories, including regions previously designated as...
    • Himanshu
    • Thread
    • chandigarh cooking gas delhi distribution energy supply haryana india kerosene lpg oil marketing companies petroleum petroleum act petroleum rules public distribution system punjab rajasthan safety regulations storage uttar pradesh west asia conflict
    • Replies: 0
    • Forum: Business
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    India's Fuel Reserves: 60 Days of Stock Cover Confirmed

    New Delhi, March 26 India has approximately 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG, as it dismissed reports of shortages as a "deliberate misinformation campaign" aimed at triggering panic buying.The Ministry of...
    • Himanshu
    • Thread
    • crude oil diesel domestic production fuel stock government statement import requirements india inventory levels lpg middle east crisis petrol petroleum refining strategic reserves supply chain
    • Replies: 0
    • Forum: Business
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    Global Oil Prices Surge Above $100 as Iran Signals No Direct US Talks

    Brent Crude and WTI Prices Rise Mumbai, March 26 – Global oil prices jumped to above $100 per barrel on Thursday following a statement from Iran indicating it was not in direct negotiations with the United States to end the conflict in the Middle East.Brent crude futures rose by 1.21 percent...
    • Himanshu
    • Thread
    • brent crude crude oil prices crude oil supply global economy india inflation international relations iran middle east oil market petroleum strait of hormuz west texas intermediate (wti) crude
    • Replies: 0
    • Forum: Business
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    India's Fuel Supply: Addressing Panic Buying Concerns

    New Delhi, March 24 The government said on Tuesday that India has adequate stocks of petrol, diesel, and LPG, and that all refineries are operating at full capacity despite disruptions linked to the Strait of Hormuz situation.In an update on fuel availability, Sujata Sharma, Joint Secretary in...
    • Himanshu
    • Thread
    • city gas diesel domestic consumption energy sector essential commodities fuel availability government policy hoarding india lpg lpg production natural gas petrol petroleum supply chain
    • Replies: 0
    • Forum: Business
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    Oil Prices Rise Amid Iran Conflict – India's Potential Re-Entry

    New Delhi, March 23 India will consider resuming the purchase of Iranian oil based on techno-commercial feasibility, a senior government official said after Washington temporarily lifted sanctions to ease pressure on prices following the US-Israeli war on Iran.Historically, India was a major...
    • Himanshu
    • Thread
    • commercial feasibility european sanctions geopolitics india iran iranian crude middle east natural gas oil imports petroleum refining sanctions swift trade us sanctions
    • Replies: 0
    • Forum: Business
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    Petrol & Diesel Prices: Premium Grade Increases, Normal Rates Remain Stable

    New Delhi, March 20 The price of premium or higher-grade petrol increased by Rs 2 per litre on Friday, while the rate of bulk diesel sold to industrial users was hiked by about Rs 22 per litre, reflecting the spike in global oil prices amid the conflict in the Middle East.However, the price of...
    • Himanshu
    • Thread
    • bharat petroleum corporation ltd crude oil diesel price energy fuel prices global oil prices hindustan petroleum corporation ltd india indian oil corporation middle east conflict ministry of petroleum and natural gas petrol price petroleum pricing deregulation strait of hormuz
    • Replies: 0
    • Forum: Business
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