IOC Purchases Russian Crude Oil From Non-Sanctioned Entities

Indian Oil Corp, the country’s top refiner, has bought five cargoes of Russian oil for December arrival from non-sanctioned entities, traders said.The refiner has bought about 3.5 million barrels of ESPO at about parity to Dubai quotes for delivery at an eastern Indian port in De Read More

Anil Ambani’s Reliance Group Denies Cobrapost Allegations Of Fraud; Calls It ‘Deliberate Campaign Of Calumny, Disinformation’

Mumbai: Anil Ambani-led Reliance Group has issued a clarification strongly denying allegations of financial fraud levelled by Cobrapost, calling it a coordinated campaign to damage its reputation and attempt to manipulate stock prices.In a detailed statement issued on the stock e Read More

Kandla Port to Become Green Fuel Hub with ₹1.8 Lakh Crore MoUs for Methanol, Hydrogen, Ammonia Production and Shipbuilding Support

Deendayal Port Authority Chairman Sushil Kumar Singh on Thursday said that MoUs have been signed targeting setting up facilities at Kandla for the production of “green methanol, green hydrogen, and green ammonia.”He also said that a bunkering facility will be set up, which can su Read More

“Inland Waterways Can Unlock Export Opportunities for Small Farmers, Says Former DG Shipping Amitabh Kumar

Former Director General of Shipping Amitabh Kumar has said that the rapid development of inland waterways in India can be a “boon” for the agriculture sector, creating new export avenues for small and marginal farmers in riverine regions.”Inland waterways can provide small vessel Read More

India Maritime Week 2025: 23 MoUs Worth Over ₹1.50 Lakh Crore Signed to Boost Port Modernisation, Green Initiatives, and Shipbuilding

Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Thursday announced the signing of 23 Memorandums of Understanding (MoUs) worth over Rs 1.50 lakh crore at the India Maritime Week (IMW) 2025. Sharing the update on X, Sonowal said the agreements reflect global Read More

India Sets Ambitious Goal to Boost Rice Exports from 40% to 60% at Bharat International Rice Conference 2025

Indian Rice Exporters Federation (IREF) National President Prem Garg on Thursday said that India will look to increase its rice export share from 40 per cent to 60 per cent through the Bharat International Rice Conference (BIRC), which is being organised in the national capital. Read More

DP World Pledges USD 5 Billion Investment to Boost India’s Maritime Infrastructure and Supply Chain Network

Global ports and logistics major DP World has pledged to invest an additional USD 5 billion in India to strengthen its integrated supply chain network, which supports both exports and domestic trade, as per a company statement.This is in addition to the USD 3 billion that DP Worl Read More

Hyundai Motor India Banks on GST Reforms, Export Growth and New Launches to Fuel FY26 Momentum

Hyundai Motor India is riding a wave of renewed optimism as policy reforms, rising rural demand, and strong export momentum position the automaker for its next phase of growth. Even as domestic sales softened in the September quarter, the company says it is on course to surpass i Read More

NHAI Simplifies FASTag ‘Know Your Vehicle’ Process, Cuts Toll Collection Costs by Over Rs 2,000 Crore

In a move aimed at improving user convenience and streamlining digital tolling, the National Highways Authority of India (NHAI) has simplified the Know Your Vehicle (KYV) process for FASTag users. The revised guidelines, issued by the Indian Highways Management Company Limited (I Read More

Hyundai India Q2 FY26 Profit Rises 14% YoY to ₹1,572 Crore; Exports and SUVs Drive Growth

Hyundai Motor India Ltd (HMIL) on Thursday reported a 14.3% year-on-year (YoY) increase in consolidated net profit at Rs 1,572.3 crore for the quarter ended September 30, 2025 (Q2 FY26), driven by strong export momentum, higher SUV sales, and effective cost optimization measures. Read More