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The Red Sea shipping route is used for 30% of India s imports and 50% of exports. Oil imports from Russia usually take this route. The Red Sea situation affects the global trade including that of India but the effects haven t risen to a level that they become a cause of worry, Puri said. ....
The marathon, flagged off from Chhatrapati Shivaji Maharaj Terminus by chief minister Eknath Shinde, along with deputy CM Devendra Fadnavis, saw participation from Tata Sons chairman N Chandrasekaran, TCS CEO K Krithivasan, Indiabulls Housing Finance managing director Gagan Banga and Bollywood actress Kalki Koechlin, among others. ....
Hindustan Petroleum is also expanding its 8.33 million tonne per annum (MTPA) refinery and building a new one at Barmer in Rajasthan which will help to reduce the gap while producing and selling the fuel, , hindustan petroleum, crude oil ....
Get latest articles and stories on Business at LatestLY. India, the world s third-biggest oil importer buys over 85 per cent of its oil needs from overseas. Indian refiners are investing billions of dollars to upgrade their plants to meet rising fuel demand in Asia s third-largest economy. Business News | HPCL to Double Vizag Refinery s Operating Capacity by June-end. ....