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Govt assures 78 days of oil amid MPs' concerns

New Delhi: Concerns over fuel availability, shipping disruptions and fertilizer supplies dominated a Parliamentary panel meeting on Monday, with MPs questioning officials over reports of long queues and rationing at petrol pumps. Officials maintained that India has adequate reserves, with crude stocks sufficient for 78 days.Officials informed the Parliamentary Standing Committee on Transport, Tourism and Culture that 37 Indian ships remain stranded in West Asia due to the closure of the Strait of Hormuz.Also Read: Petrol, Diesel price hike: Fuel rates increased for fourth time in less than two weeks Only around five vessels have secured cover under the Bharat Maritime Insurance Pool.According to sources, while the government reiterated there was no shortage petrol, diesel and LPG, opposition MPs described the responses as unsatisfactory, citing the absence of granular data.On shortage of bitumen, MPs said officials failed to provide clear answers. Officials linked the supply stress to ...

Delhi Capitals beat KKR by 40 runs

from Economic Times https://ift.tt/lJ6gQeP

India heatwaves may rise 400% by century-end

India’s average temperature has risen by just 0.7 degrees Celsius over the last century — but it tells a much bigger story. Scientific projections suggest that the frequency of summer heatwaves across India could rise by a staggering 300 to 400% by the end of the century. More troubling still is the rise in warm nights, projected to outpace the increase in warm days.Without adequate protection, heat-related illnesses — from rashes and cramps to life-threatening heatstrokes — are likely to become increasingly common.The economic cost is equally alarming. According to a 2024 study published in The Lancet, the annual labour hours lost in India due to heat exposure are now 124% higher than during 1990 to 1999, with agriculture accounting for nearly 66% of the losses.Reduced labour capacity during heatwaves leads to an annual income loss of nearly $194 billion. Clearly, the heat is on.131284958131284962131284970131284979131284984131284989131285009 from Economic Times https://ift.tt/SZCyle...

IPL 2026: PBKS beat LSG by 7 wickets

from Economic Times https://ift.tt/bAOZL67

Rubio Quad talks focus on critical minerals supply

from Economic Times https://ift.tt/d0hNVZa

Tesla to establish sales & service centre in Hyderabad

from Economic Times https://ift.tt/FVl4ZBu

India’s peak power demand hits 271 GW

New Delhi: India's 'peak power demand met' on Thursday was within touching distance of the projected level of 271 GW for May, a jump of nearly 5 GW in a single day, as citizens run their fans and air conditioners in the day and at nights to beat the searing heat.The peak power demand in solar hours reached 270.82 GW and was successfully met, the power ministry posted on X.This is the fourth consecutive day of peak demand breaking records.Also Read: Why future of India's energy security depends on building smarter gridsThe maximum peak demand of 283 GW is estimated for June.The ministry will look at the trend of Thursday's non-solar hour peak demand and Friday's peak demand to see if there is a need to recalibrate the estimates, a government official told ET.Thursday's peak demand was met by thermal power contributing 62.8%, solar 22%, wind 5%, hydro 5.8%, and the rest from other sources.The availability of coal at the thermal power plants is adequate and the...