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How much oil does India have? PM Modi explains nation’s preparedness amid global fuel crisis

PM Narendra Modi (ANI image) NEW DELHI: Prime Minister Narendra Modi on Tuesday addressed the impact of the ongoing West Asia war on India’s fuel supplies, assuring the country of sufficient crude oil storage and uninterrupted supply arrangements.Speaking in the Rajya Sabha, PM Modi said the conflict has created a serious fuel crunch globally and…

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How long can India survive a crude shortage? Minister responds amid Middle East crisis

State Petroleum and Natural Gas minister Suresh Gopi on Monday said that India’s strategic oil reserves are designed to provide cover for about 9.5 days of supplies during disruptions or price shocks.The announcement comes as global crude oil prices continue to rise amid the ongoing conflict in the Middle East, raising concerns over supply disruptions…

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indian railways refund and cancellation rules

New train ticket refund rules: Indian Railways makes changes in cancellation rules; what passengers should know

Indian Railways refund and cancellation rules New refund rules 2026: Indian Railways has announced a new set of refund rules for confirmed train tickets. As per the new rules, if a passenger chooses to cancel a confirmed train ticket within 24 to 72 hours of the scheduled departure, there will be 25% deduction in the…

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Asian stocks today: Markets rebound on US-Iran talk signals; Nikkei, Hang Seng lead gains amid volatility

Asian stock markets rose on Tuesday, tracking gains on Wall Street, after US president Donald Trump said Washington had talks with Iran on a possible end to the ongoing conflict in the Middle East. Investor sentiment improved cautiously following Trump’s remarks about “productive talks” over the past two days aimed at “a complete and total…

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Companies Act seeks to allow new exec compensation tools

NEW DELHI: Finance and corporate affairs minister Nirmala Sitharaman on Monday introduced fresh amendments to the Companies Act, which seeks to decriminalise several procedural defaults, provide flexibility in buyback of shares and recognise new instruments for executive compensation.The bill, which has been referred to a joint Parliamentary committee for examination, provides for allowing restricted stock…

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