Energy security push! India plans 10% mandatory LNG extra reserve; aims cost-effective buffer for price, supply shocks

India is planning to make it mandatory for all liquefied natural gas (LNG) import terminals to build an additional 10% storage capacity that the government can access during supply or price disruptions. According to a draft proposal by the oil ministry, this change will amend the registration rules for LNG terminals under the Petroleum and…

Read More

8th Pay Commission: Good news for central government employees! Terms of reference approved by PM Modi-led Cabinet; check details

8th Pay Commission news: In a big cheer for central government employees, PM Narendra Modi-led Union Cabinet on Tuesday approved the Terms of Reference for the 8th Central Pay Commission.In January 2025, the Government announced the formation of the 8th Central Pay Commission to review and propose revisions to the salaries and benefits of Central…

Read More

MCX trading halted! Exchange sees extended tech glitch; trading in gold and silver futures delayed

The exchange did not specify a definite schedule for resuming operations. (AI image) MCX trading glitch: The Multi Commodity Exchange (MCX) has been hit by a serious technical disruption on Tuesday, which has resulted in an extended four-hour suspension of trading activities. This interruption has impacted futures contracts trading across essential commodities, particularly gold and…

Read More

Trump sanctions impact on India’s Russian oil trade: Refiners stop placing new orders, await clarity; US crude imports at highest since 2022

According to the International Energy Agency, India purchased 1.9 million barrels per day during the first nine months of 2025. (AI image) Donald Trump sanctions impact: With the US and EU imposing fresh sanctions on Russian oil, Indian oil refiners have stopped any fresh orders of Russian crude. According to a Reuters report, the refiners…

Read More

Tata Trusts tussle: Majority vote for removal of Mehli Mistry – once seen as Ratan Tata’s closest confidants, says report

Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his term,…

Read More

‘Restrictive measures’: Hit by US sanctions, Russia’s Lukoil to sell overseas assets; why was it targeted?

Russian petroleum giant Lukoil announced on Monday evening that it will divest its international operations following US sanctions imposed in connection with Moscow’s actions in Ukraine.“Owing to the introduction of restrictive measures against the company and its subsidiaries by some states, the company announces its intention to sell its international assets,” Lukoil said in a…

Read More

Asian stocks today: Markets record moderate movement; Nikkei slips 0.2%, Hang Seng up 0.28%

Asian shares held steady on Tuesday after recent strong gains, as optimism over easing global trade tensions kept investor sentiment positive. Tech stocks continued their rally ahead of key earnings from major companies this week.Expectations of potential interest rate cuts in the United States and Canada supported bond markets, while the dollar remained flat as…

Read More