PM Modi announces launch of National Deepwater Exploration Mission

 14 Sep 2025 07:53 PM

Prime Minister Narendra Modi inaugurated the Assam Bioethanol Plant and laid the foundation for a polypropylene plant, allocating ₹18,000 crore to Assam for development projects. He emphasized India's commitment to energy independence through domestic oil and gas exploration, green energy initiatives, and alternative fuels like ethanol from bamboo, benefiting local farmers and tribal communities.

Warren Buffett’s cautionary tale: Why investors still chase ‘oil in hell’

 14 Sep 2025 05:18 PM

Warren Buffett often recalls Benjamin Graham’s parable of “oil discovered in hell” to illustrate herd-driven investing. The tale highlights how fear of missing out and crowd psychology can overpower rational analysis, reminding investors to resist speculation and focus on intrinsic value.

India taking steps to reduce crude oil, gas imports; focus on exploration, green energy: PM Modi

 14 Sep 2025 04:46 PM

Narendra Modi said the government focuses on reducing crude oil and gas imports. The government is exploring fossil fuels and green energy. The Numaligarh bioethanol refinery will benefit farmers and tribals. The polypropylene plant will boost the local economy. Modi said energy and semiconductors are key for 'Atmanirbhar Bharat'. He accused Congress of neglecting Assam's heritage and supporting infiltrators.

Sanctions hit Nayara's access to non-Russian oil

 14 Sep 2025 12:20 PM

Nayara Energy, part-owned by Rosneft and blacklisted by the EU, is struggling to secure non-Russian crude as Western shippers and insurers refuse support. Its Vadinar refinery remains reliant on Russian oil, receiving over 3,00,000 bpd since August. Analysts say sanctions have strained compliance and shipping, but operations may stabilise. India continues balancing discounted Russian supplies with Middle Eastern imports.

Market Outlook: Fed meet, FII action among 8 factors to impact Sensex, Nifty this week

 14 Sep 2025 09:31 AM

Indian benchmark indices closed higher, fueled by auto, bank, and pharma stocks, while investors await the Fed's policy decision amid expectations of a rate cut. Corporate actions, including dividends and stock splits, are lined up, and several IPOs are set to hit the market. FII/DII activity, technical factors, rupee movement, and crude oil prices will also influence market direction.

Commodity Radar: Crude oil in bearish trend. Expert suggests sell on rise for this target

 23 Jul 2025 03:32 PM

Crude oil futures remained range-bound on Wednesday amid weak global cues, trade tensions, and soft demand outlook. Analysts expect a bearish trend to persist despite temporary spikes, with MCX prices likely to stay within the ₹5,500–₹5,800 band

Ambani’s Reliance in focus as EU warns refiners using Russia oil

 23 Jul 2025 02:55 PM

Reliance Industries is under scrutiny after the EU’s new diesel sanctions targeting Russian crude. The company recently bought Abu Dhabi’s Murban crude in a rare move and is reportedly exploring alternatives to Russian oil, which accounts for nearly half its imports. With Europe buying a fifth of Reliance’s fuel exports, the shift may impact sourcing and costs.

Reliance Industries:' Oil Buying Habits Face Investigation Following New EU Rules on Diesel From Russian Crude. 🛢️🔍

 23 Jul 2025 02:30 PM

Reliance Industries:' Oil Buying Habits Face Investigation Following New EU Rules on Diesel From Russian Crude. 🛢️🔍

European, Japan stocks surge after US-Japan trade deal

 23 Jul 2025 01:34 PM

European shares saw a rise on Wednesday. This was due to optimism about a possible trade deal between the European Union and the United States. Japan and the U.S. have already agreed to lower tariffs on autos. UK shares reached a record high. U.S. and Chinese officials will meet to discuss trade negotiations. Oil prices also saw a slight increase.

Oil shippers, traders avoid EU-sanctioned Nayara Energy

 23 Jul 2025 11:23 AM

Following EU sanctions, shipowners and oil traders are increasingly avoiding Russia-backed Nayara Energy, leading to logistical disruptions. Several tankers, including the Talara and Chang Hang Xing Yun, have altered their courses, canceling planned cargo pickups from Vadinar port. This hesitation raises concerns about broader impacts on trading and financing for the Indian refiner, in which Rosneft holds a significant stake.