Hardeep Singh Puri says India has over 60 days of crude, gas stocks; rules out any energy supply crunch

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Saturday said there is no shortage of energy in the country, asserting that supplies of crude oil, LPG and natural gas remain comfortable despite concerns arising from the Iran conflict.Speaking to reporters in Ludhiana, Puri said India has sufficient reserves to meet energy requirements and…

Read More

BRICS adopts Indore Declaration; India to lead seed rights, digital agriculture initiatives

BRICS nations on Saturday adopted the “Indore Declaration”, committing to deeper cooperation in agriculture and launching a series of new initiatives, including a global forum on farmers’ seed rights, a digital agriculture network and a platform for agroecology and regenerative farming, PTI reported.The decisions were taken at the end of a five-day meeting of agriculture…

Read More

No fertiliser shortage for kharif, rabi crops; govt prepared for El Nino, says Shivraj Singh Chouhan

Farmers will continue to receive urea and di-ammonium phosphate (DAP) at subsidised rates despite concerns over global supplies amid the Middle East crisis, Union Agriculture minister Shivraj Singh Chouhan said on Saturday, asserting that the government has adequate fertiliser stocks and is prepared to deal with any impact of El Nino.Addressing reporters after the conclusion…

Read More

US-China friction returns: Beijing protests Pentagon’s military-company label for BYD, Alibaba and Baidu

China on Saturday opposed the United States for adding several leading Chinese companies, including BYD, Alibaba and Baidu, to a Pentagon list of firms alleged to have links with the Chinese military, arguing that the move undermines understandings reached during last month’s summit between US President Donald Trump and Chinese President Xi Jinping.This comes despite…

Read More

AI chip boom yet to lift South Korea’s wider economy, Nomura economist sees limited spillover into demand

South Korea’s artificial intelligence-led semiconductor boom has yet to generate a meaningful spillover into the broader economy, even as concerns over the won and financial stability are increasing the likelihood of a Bank of Korea (BOK) rate hike next month, Nomura’s senior economist said.Speaking at Nomura’s Korea Equities & Economy Media Briefing in Seoul, Park…

Read More