Daily Republic News
- Business
- March 6, 2026
MRPL Operating Normally; India Comfortable on Oil, LPG Supplies Despite Hormuz Disruption: Govt Sources
India remains in a “comfortable position” on crude oil, petroleum products and LPG supplies despite the closure of the Strait of Hormuz, government sources said on Friday, dismissing reports of operational disruptions at refineries.-This is a developing story. More details are aw Read More
- Business
- March 6, 2026
Amitabh Kant Backs Clean-Tech Push Amid Rising Israel-Iran-US Conflict
As tensions escalate in the ongoing Israel-US conflict with Iran, ex-Niti Aayog Chief Amitabh Kant called for strategic push to scale clean-tech manufacturing, rather than relying on imported fossil fuels, costing nearly $180 billion.While describing solar as ‘Indian’, he called Read More
- Business
- March 6, 2026
Govt Orders Refiners to Maximise LPG Output; Curbs Petrochemical Diversion as Hormuz War Rages
India has invoked emergency powers and directed refiners to maximise production of liquefied petroleum gas (LPG) to prevent a shortage of the cooking fuel after supply disruptions caused by the Middle East crisis, a government order showed.The world’s second-biggest importer of L Read More
- Business
- March 6, 2026
FAO Index Hits 125.3 in Feb; Rising Cereal & Oil Costs End 5-Month Decline in Global Food Prices
World food prices rose in February after falling for five straight months with higher cereal, meat and most vegetable oil prices outweighing declines in cheese and sugar, the United Nations’ Food and Agriculture Organization said on Friday.The FAO Food Price Index, which tracks m Read More
- Business
- March 6, 2026
Oil Set for Steepest Weekly Jump Since 2022 Despite Friday’s 1.1% Dip
Oil prices fell on Friday for the first time in six days as the U.S. government is weighing potentially intervening in the futures market to blunt rising prices and issued waivers for Russian oil purchases to ease supply constraints from the Middle East war.Brent crude futures we Read More
- Business
- March 6, 2026
Oil Shock, War Fears Send Asian Markets To Their Worst Week Since 2020
Most Asian assets sank toward their heaviest weekly loss since the pandemic on Friday, as Middle East conflict-driven oil shocks forced investors to unwind one of this year’s strongest emerging-market trades. MSCI’s EM index is 6.5% lower this week and an MSCI index of EM currenc Read More
- Business
- March 6, 2026
TCS In ‘Advanced’ Talks for More AI Data Centers in India
After inking having inked a pact with Open AI to build AI data centres in India, IT Services mammoth TCS is eyeing at jointly creating several more artificial intelligence data centre in the South Asian nation with other tech firms.”We are in advanced discussions with multiple hy Read More
- Business
- March 6, 2026
Saudi Aramco Reroutes Crude Cargoes To Yanbu To Ensure Safety And Supply Stability Amid Strait Of Hormuz Tensions Due To Iran War | EXCLUSIVE
United States and Israel’s war with Iran has spilled over into the Strait of Hormuz, one of the world’s most critical energy chokepoints, prompting a surge in oil prices.Shipping through the strait, which carries one-fifth of the oil consumed globally as well as large quantities Read More
- Business
- March 6, 2026
Explained: How the US Russian Oil Waiver Could Impact India’s Inflation, Rupee and Import Bill
The United States has issued a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil already in transit, offering short-term relief to India’s energy supply and import costs amid escalating geopolitical tensions in West Asia.The exemption, which was annou Read More
- Business
- March 6, 2026
Reliance Industries Shares Rise Nearly 2% After US Grants 30-Day Waiver for Russian Crude Shipments
Shares of Reliance Industries climbed nearly 2% in early trade on Friday, bucking a broader market decline after the United States granted a temporary 30-day waiver allowing Indian refiners to process Russian crude shipments already in transit.The stock rose 1.85% to ₹1,414.20, o Read More
