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The government has proposed rules to allow higher ethanol-blended fuels like E85 (85% ethanol) and E100 (nearly pure ethanol) in India. This move aims to cut oil imports and boost clean energy use. However, it will require flex-fuel vehicles and new infrastructure, as most current engines are not compatible with high ethanol blends.
The UAE’s exit from OPEC and OPEC+ is expected to reshape global oil trade amid Iran-related tensions and disruptions in the Strait of Hormuz. India may benefit as the UAE can raise output and supply more crude through the Fujairah port and Habshan pipeline, bypassing Hormuz and strengthening energy security and import flexibility.
Sensex rose 609 points and Nifty closed above 24,100, led by FMCG, auto, and realty stocks. ITC, Tech Mahindra, and Maruti were top gainers. Brent crude surged 3.11% to $114.72 per barrel amid US-Iran tensions and UAE’s OPEC exit. MidCap fell 0.13%, while SmallCap gained 0.71%, with Q4 earnings in focus.
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, April 17, 2026. The Sensex started trading today at 77245.83, up at 358.92 points or 0.47%, and the Nifty was at 24096.90, up at 101.20 points or 0.42%. Meanwhile, the Indian rupee was trading today at 94.77 against the dollar.
With global crude oil touching $120 per barrel and elections nearing completion, concerns over fuel price hikes in India are rising. However, the government has repeatedly stated there is no immediate plan to increase petrol or diesel prices. Experts suggest hikes may occur after elections, depending on global trends and economic pressures.
From May 1, LPG rules will tighten with mandatory OTP-based delivery to prevent misuse. Booking intervals increase to 25 days in cities and up to 45 in rural areas. Consumers must link mobile numbers and track eligibility. Prices may rise due to supply issues, and stricter monitoring aims to ensure fair distribution.
Crude oil has climbed close to $110 per barrel as West Asia tensions and stalled US-Iran talks tighten global supply. The surge raises concerns for India, a major importer, as it could push inflation, increase fuel import bills, and pressure the rupee. Experts warn prolonged high prices may affect growth, transport costs, and household budgets […]
Hyderabad is witnessing fuel queues again, but officials say there is no real shortage. The situation is driven mainly by panic buying triggered by rumours of global oil disruptions linked to US–Iran tensions. Some petrol pumps also face credit and delivery issues. Authorities insist supply remains stable and adequate across Telangana.
India and Russia are fast-tracking a ₹20,000-crore joint venture urea plant in Togliatti, Russia, with a capacity of 2 million tonnes annually. The project, involving Indian firms and Uralchem, is expected to be completed in two years. It aims to secure fertiliser supply as the Middle East conflict disrupts global markets.
Indian markets ended lower on Monday as rising Brent crude, driven by US-Iran peace uncertainty, weighed on sentiment. Sensex fell 417 points and Nifty slipped below 24,000. Broader markets gained, while banking stocks lagged. Oil & gas and metals outperformed. Investors also awaited multiple Q4 earnings from major companies across sectors.
Six major fossil fuel companies are projected to earn about $2,967 every second, according to an Oxfam report. Their combined profits may reach $94 billion while households face rising energy bills. The study highlights growing inequality, as geopolitical tensions deepen the cost-of-living crisis.
The RBI will auction ₹14,500 crore worth of State Government Securities today, April 28. States like Assam, Bihar, Kerala, and UP will offer securities with 3-23 year tenors. Conducted via E-Kuber, bidding runs from 10:30 to 11:30 AM. Retail investors can participate via RBI Retail Direct. Results will be announced the same day, with settlement […]
Indian stock markets opened on a marginally positive note in early trade, with Sensex rising 27 points to 77,331.21 and Nifty 50 gaining over 37 points to 24,131.44. However, the rupee weakened to 94.04 against the US dollar, signaling currency pressure. In global commodities, Brent crude oil futures traded at 109.50 per barrel, indicating mixed […]
The BSE Sensex and NSE Nifty 50 are trading higher today. The Sensex gained 372 points to reach 77,036, while the Nifty rose 122 points to 24,020 in early trade. Meanwhile, the Indian Rupee stood at 94.25 against the US dollar. Positive market sentiment and consistent buying in key stocks supported this steady upward movement […]
A 24-year-old entrepreneur claims he built a ₹1 crore startup in just four months after quitting his job. He says the idea came from solving a gap in the creator economy using an automation platform. The startup has grown quickly, and his next goal is to scale it to ₹10 crore in revenue.