EXPLAINED: 2 - The Real Truth

Petrol pumps to not accept UPI payment: Punjab dealers warn of Rs 2,000 limit if MDR is imposed

Petrol pump dealers in Punjab have warned of stopping UPI payments above Rs 2,000 if merchant discount rate or digital transaction charges are imposed. The state dealers’ association has sought an exemption from the Centre, citing thin margins and rising operational costs. Representatives from Mohali have backed the proposed payment…

The Economic Times · Sep 21

India needs multi-route energy strategy as West Asia tensions threaten supplies: Experts

Growing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas suppliers. Expanding storage and port infrastructure is also crucial for national energy security. Alternative routes and logistical options are needed to maintain supplies during crises. India must build resilience through reserves…

The Economic Times · Sep 19

Pakistan ministers warn of energy crisis; Shehbaz government struggles as fuel prices break records

Pakistan is facing a widening energy crunch as disruptions around key Gulf shipping routes push up global oil prices, fuel costs surge and the government weighs measures to curb petroleum consumption.

The Times of India · Sep 16

Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers

Phillips 66, Valero, and Marathon Petroleum posted strong earnings beats as widening crack spreads from higher oil prices lifted refiner stocks past current analyst price targets.

MarketBeat · Sep 12

Counting Rs 4 lakh crore loss in RIL? Dangote refinery listing in Nigeria could trigger a 30% rally

Reliance Industries could see a re-rating of its oil-to-chemicals business as the planned Dangote Petroleum Refinery listing provides a global valuation benchmark, says YES Securities. The brokerage sees up to Rs 1 lakh crore of potential O2C valuation uplift and retains a Buy rating on Reliance with a Rs 1,660…

The Economic Times · Sep 11

Shipping traffic through Strait of Hormuz falls to single digits, data shows

Vessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sailing in ballast. Five vessels entered the strait, including cargo and petroleum product carriers. Iran-aligned Houthis seized control of Yemen's port city of Mocha. Commodity vessel traffic in the Bab…

The Economic Times · Sep 11

Ceramides in Your Moisturiser: How to Read a Skincare Label and Know If the Hydration Claims Are Real

What ceramides actually areCeramides are lipids, fats, that make up roughly 50% of the skin's outermost layer, the stratum corneum. Think of your skin barrier as a brick wall: the skin cells are the bricks, and ceramides are the mortar. Without enough mortar, the wall lets water out and irritants…

Times Life · Sep 11

Paralysed in a car crash, this US Army veteran rebuilt his life and graduated seven years later earning petroleum engineering degree

Army veteran Rocky Fernandez earned his petroleum engineering degree seven years after a car crash. He overcame paralysis, hospital stays, and medical setbacks to return to education. Support from the Houston VA and vocational services aided his academic journey. Fernandez adjusted to life with paralysis while managing health challenges and…

The Economic Times · Sep 10

Why is the Bab el-Mandeb Strait so important?

Iran-backed Houthis aim to control Yemen's Red Sea coast and Bab el-Mandeb strait. This strategic waterway connects Asia to Europe via the Suez Canal. Major shipping firms have rerouted vessels, increasing freight costs and journey times. Houthi control could grant Iran leverage in its conflict with the United States. Petroleum…

The Economic Times · Sep 10

Dilip Buildcon shares rally 12% on bagging Rs 1,800 crore LPG pipeline project

Dilip Buildcon shares rallied after the company received an LOI from PNGRB to develop an LPG pipeline from Paradip to Raipur. The project gives the company an exclusive licence to develop, finance, construct and operate the pipeline, as well as levy and collect transportation tariffs up to the designated delivery…

The Economic Times · Sep 10