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2 Indian LPG tankers reach ports, 2 more en route from Strait of Hormuz| India News

New Delhi/Mumbai: Two India-flagged tankers hauling liquefied petroleum gas (LPG) arrived in the country after being cleared by Iran to transit the strategic Strait of Hormuz, even as two additional carriers, the BW Tyr and BW Elm, began their journey through the waterway on Saturday, officials aware of the matter said. MT Jag Vasant arrives…

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‘Petrol, diesel crisis developing worldwide’: PM Modi cautions during 132nd Mann ki Baat | India News

NEW DELHI: Prime Minister Narendra Modi on Sunday cautioned that a petrol and diesel crisis was developing worldwide as ongoing conflicts continued to affect key energy regions.Speaking during the 132nd episode of Mann Ki Baat, he said, “This month of March has been extremely eventful on a global level. We all remember that, in the…

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India’s Vedanta to split into five companies next month, FT reports

March 28 (Reuters) – India’s Vedanta will break up into five listed companies early next ‌month under a years-long restructuring programme ‌aimed at reducing debt, the Financial Times reported on Saturday, ​citing an interview with Chairman Anil Agarwal. A tribunal approved the oil-to-metals conglomerate’s plan to split into five listed entities in December. After the…

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