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Through the Strait of Hormuz, 20 per cent of the world’s oil supplies (20 million barrels per day (mbd)) moved before the conflict began in February 2026. Once the war started, the strait was effectively blocked by Iran. Even when transit was permitted for specific vessels, the actual volume of oil moved was negligible. Given [...]

GE Shipping has expanded its fleet to 41 vessels with the addition of the Kamsarmax dry bulk carrier Jag Abhishek, reinforcing the company’s presence in the global shipping market and strengthening its bulk cargo carrying capacity. The induction of Jag Abhishek marks another step in the company’s ongoing fleet modernization and capacity enhancement strategy. Kamsarmax [...] The post GE Shipping Fleet Hits 41 Vessels as Kamsarmax ‘Jag Abhishek’ Joins the Ranks appeared first on India Seatrade News .

India's policy response to rising oil prices and geopolitical risks remains cautious, prioritising macroeconomic stability over stimulus as inflation pressures and second-order effects begin to emerge

Coal India Ltd (CIL) has received a Letter of Award from GRIDCO LIMITED, Odisha, for setting up a 320 MWh (80 MW for 4 hours) Battery Energy Storage System (BESS) Plant. The project, estimated to cost ₹400 crore, will be developed in two clusters: Cluster-1 at Padampur and Bolangir, and Cluster-2 at Bhatli and Basta, with specific monthly tariffs. The domestic contract is to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement (BESPA).

Are you preparing for UPSC CSE Prelims 2026? Check your progress and revise your topics through this quiz on Economy.

Axis Energy plans to invest ₹30,000 crore in underground coal gasification technology to enhance energy production and sustainability.

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Q4 Results Highlights Today, 30th April 2026: Find all the latest Q4 results 2026 updates of 5paisa Capital, ACC, Acutaas Chemicals, Adani Ports and Special Economic Zone, Aster DM Healthcare, Bajaj Finserv, Bhagyanagar India, Central Bank of India, Capri Global Capital, Cholamandalam Investment and Finance Company, Cryogenic Ogs, Dhruva Capital Services, Edelweiss Financial Services, EKI Energy Services, Equitas Small Finance Bank, ESAF Small Finance Bank, Eveready Industries India, GHCL Textiles, Gujarat Lease Financing, Go Fashion (India), Godrej Agrovet, Grovy India, HFCL, Hindustan Unilever, IDBI Bank, Ideaforge Technology, IndiaMART InterMESH, Indus Towers, Invigorated Business Consulting, Jyoti Structures, Kajaria Ceramics, Kasturi Metal Composite, KSB, Ksolves India, Dr. Lal PathLabs, Laurus Labs, Mazagon Dock Shipbuilders, Naperol Investments, Narendra Properties, National Aluminium Company, Natural Biocon (India), Newgen Software Technologies, Nakoda Group of Industries, National Peroxide, National Securities Depository, Pankaj Polymers, PCBL Chemical, PSP Projects, Quint Digital, RailTel Corporation of India, R R Kabel, Shreenath Investment Company, Silver Touch Technologies, SIS, Smartworks Coworking Spaces, Sona BLW Precision Forgings, Sarda Proteins, Sudarshan Pharma Industries, Sundram Fasteners, Sungold Capital, Tarini International, Ujaas Energy, Usha Martin, Veronica Production, and Welspun Specialty Solutions. Vedanta, Bajaj Finance, Bansal Wire Industries, Capital SFB, Fino Payments Bank, Force Motors, Granules India, HEG, Indiabulls, IIFL Finance, Indegene, Indian Bank, Indian Overseas Bank, Jana Small Finance Bank, KFin Technologies, Mphasis, Sterlite Technologies and Waaree Energies in focus Stay tuned for more updates from businessline

New Delhi, April 30 (IANS) India and Russia on Thursday held high-level talks to strengthen the long-standing bilateral partnership and identify new opportunities for collaboration in the steel sector, according to an official statement. The round table conference was convened at the Ministry of Steel, co-chaired by the Secretary of the Ministry of Steel and Pavel Sorokin, First Deputy Minister of Energy of the Russian Federation. The meeting was attended by a high-level Russian delegation, including representatives from industry and key supply chain partners, as well as leading Indian steel companies. This is the second India-Russia round table held this month, coming close on the heels of the earlier meeting on April 16, co-chaired by the Secretary, Ministry of Steel, Government of India, and Mikhail Iurin, Deputy Minister of Industry and Trade of the Russian Federation. The two sides see these meetings as a platform for constructive engagement and exchange of views on matters of mutual interest in the steel sector, including raw material sourcing, technological collaboration, equipment manufacturing, and research opportunities. Both sides discussed various aspects of bilateral cooperation and reviewed the existing engagement between the two countries. Discussions were held on broad areas concerning the steel sector and related industries, with a view to further strengthening cooperation. The interaction also enabled both sides to better understand each other’s perspectives and explore opportunities for continued engagement in the sector. The importance of sustained dialogue and cooperation was emphasised during the meeting. The discussions reflect the longstanding partnership between India and the Russian Federation. Both sides expressed their intent to continue engagement and further strengthen cooperation in the steel sector. Both nations are exploring sharing advanced steelmaking technologies, specifically for high-grade and speciality steels used in the automotive and defence sectors. India is also keen to ensure a stable supply of coking coal from Russia to feed its growing steel production capacity. Joint research efforts are exploring low-emission technologies and sustainable, green steel production. --IANS sps/dan

New Delhi: India and Russia on Thursday held high-level talks to strengthen the long-standing bilateral partnership and identify new opportunities for collaboration in the steel sector, according to...