Two Indian-Flagged Tankers Carrying 92,700 MT LPG Heading to Domestic Ports: Govt

New Delhi: Two Indian-flagged LPG tankers — Shivalik and Nanda Devi — have safely crossed the crucial Strait of Hormuz and are now on their way to India carrying around 92,700 metric tonnes of liquefied petroleum gas (LPG), the government…

Govt Relaxes Public Shareholding Rules to Ease IPOs for Large Companies

New Delhi: The government has revised rules on minimum public shareholding to make it easier for large companies to launch initial public offerings (IPOs), introducing a tiered structure that allows them to offer a smaller stake to the public at the…

Mercedes-Benz India to Increase Car Prices by About 2% From April 1

New Delhi — Luxury carmaker Mercedes-Benz on Friday announced that it will raise prices of its vehicles in India by around 2 per cent starting April 1, 2026, citing rising costs and currency fluctuations.

According to Brendon Sissing,…

Oil Prices Ease Slightly After US Temporarily Allows Countries to Buy Russian Crude

New Delhi — Global crude oil prices edged lower on Friday after the United States announced a temporary 30-day waiver permitting countries to purchase Russian oil that is already in transit.

Benchmark Brent crude was trading at $99.99…

LPG Output Rises 28% in Five Days, Delivery Time Still 2.5 Days: Hardeep Singh Puri

New Delhi: The government has ramped up domestic LPG production by 28 per cent over the past five days, while maintaining normal delivery timelines, Union Petroleum and Natural Gas Minister Hardeep Singh Puri informed Parliament on Thursday.

Speaking…

Govt to provide Rs 30,000 crore LPG subsidy to oil PSUs in FY26

New Delhi: The Government of India has approved Rs 30,000 crore in compensation for FY 2025–26 to public sector oil companies for supplying LPG at subsidised rates, Parliament was informed on Thursday.

The subsidy will be provided to…

Audi India to raise car prices by up to 2% from April 1

New Delhi: Audi India on Thursday announced that it will increase the prices of its cars by up to 2 per cent from April 1, 2026.

The German luxury carmaker said the price revision will apply across its entire model range sold in the country.

India Secures Two More LNG Shipments as Energy Imports Shift Beyond Gulf

New Delhi — India is strengthening its energy supply lines with two additional liquefied natural gas (LNG) cargoes currently headed to the country, as public sector oil and gas companies increase imports from regions outside the Middle East…

India Secures LPG, LNG Supplies via Alternate Routes as Domestic Production Rises

New Delhi — India has arranged additional supplies of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) through alternative routes amid concerns over possible disruptions linked to the ongoing West Asia crisis.

Government…

India’s Deal Activity Jumps 34% in February, Records 278 Transactions Worth $5.4 Billion

New Delhi — India’s deal activity remained strong in February, with 278 transactions valued at $5.4 billion, marking a 34 per cent sequential increase in volumes, according to a report by Grant Thornton Bharat released on Tuesday.