Shalini Sharma

PFC's board has formally reserved the proposal to merge REC into itself and authorised its CMD to approach the President of India for approval of the consolidation

India's crude sourcing decisions are driven by commercial viability and energy security, a senior official said Published on

India's peak power demand hit a record 260.45 GW on May 19, topping May 18 high, as heatwaves drove cooling loads to fresh heights Published on

PSU oil majors deny rationing as dry-outs hit pumps from Punjab to Odisha, blame harvest demand and shift from private fuel retailers Published on

BPCL finance chief warns fuel price hikes are unavoidable as West Asia crisis drags on, with the burden to be shared with all stakeholders

India has directed state-run OMCs to maintain LPG reserves equivalent to at least 30 days of supply as part of precautionary measures Published on

HCL board has approved awarding contract to Lohum Materials Pvt Ltd for restarting operations of Gujarat Copper Plant Published on

Coal India's e-auction premium fell sharply from 51% in April to 36% in May despite a drop in offered volumes, signalling softening demand in the market

Domestic ATF rates stayed frozen for a second month while international carrier rates were cut 27%; commercial LPG prices rose to record Rs 3,113.50

The Cabinet has approved Rs 10,000 cr fuel price stabilisation support to OMCs to stabilise ATF prices for Indian airlines amid West Asia crisis