The Indian government has once again raised the windfall tax on petroleum crude oil, this time to Rs 3,300 (USD 39.76) per metric ton, effective from 16 February 2024. This marks the second increase in two weeks, following a previous hike from Rs 1,700 to Rs 3,200 on 3 February 2024. Additionally, the government reintroduced […]
India and the UAE on Tuesday finalised seven agreements, including a Bilateral Investment Treaty (BIT), an Intergovernmental Framework Agreement for the India-Middle East-Europe Economic Corridor and Memoranda of Understanding (MoUs) connecting payment systems. These agreements were reached following discussions between Prime Minister Narendra Modi and President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. […]
Minister of Petroleum and Natural Gas Hardeep Singh Puri met the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday and addressed the OPEC crude production cuts and their impact on the global energy sector. “Minister of Petroleum and Natural Gas Hardeep Singh Puri urged OPEC to recognize the gravity of the […]
Green hydrogen can be a potential solution to attain energy security and help the domestic export industry comply with the environmental protection regulation of the European Union (EU), said experts in an event organised by WTC Mumbai and All India Association of India, jointly with Engineering Export Promotion Council (EEPC) and Indian Business Chamber of […]
