Fuel Price Hike: ‘Fuel price hike inevitable’: State-run oil firms lose over Rs 1 lakh crore in 10 weeks amid Middle East crisis

State-owned oil marketing companies (OMCs) have incurred losses of more than Rs 1 lakh crore over the past 10 weeks as they continued to shield Indian consumers from soaring global fuel prices triggered by the ongoing Middle East conflictThe three state-run fuel retailers, Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited,…

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Ladakh LG announces tourism reforms for ‘ease of doing business’ | India News

SRINAGAR: Initiating major reforms in the Union territory, the government of Ladakh on Thursday announced to deregulate the hospitality sector, freeing it from old regulations and bureaucratic interference. Lieutenant governor VK Saxena said, “I have approved major reforms related to ease of doing business aimed at deregulating the hospitality sector, reducing compliance burden on stakeholders…

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IN-SPACe leads space-tech delegation to Italy, firms announce deals

BENGALURU: India’s space regulator-cum-promoter the Indian National Space Promotion and Authorisation Centre (IN-SPACe) led a delegation of space-tech companies to the Space Meetings Veneto 2026 held in Venice, Italy, where several Indian firms announced partnerships with European companies.The event, organised by Advanced Business Events and supported by the Italian Trade Agency and Agenzia Spaziale Italiana,…

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Unhappy with Mark Zuckerberg’s Meta buying AI startup Manus, Chinese government to startups: Reject funding from American origin companies, unless …

Mark Zuckerberg, CEO, Meta The US-China trade war is back, and in full steam. There have been two parallel moves in the recent weeks, marking a significant escalation of the US-China AI war. In the latest move, China’s industry regulator has asked Facebook-parent Meta to withdraw a $2 billion acquisition transaction of Singapore-based AI company…

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