India plans 30-day LPG storage buffer after Iran war exposes Hormuz supply risk

Bharat Petroleum Corporation Ltd (BPCL) is preparing to invest about Rs 5,000 crore to almost double its LPG storage capacity to 340 thousand metric tonnes (TMT) from around 200 TMT, according to three OMC executives. Similar expansion plans by Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL) are still being worked out. State-run…

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‘Long queues at petrol stations’: How Ukraine’s drone strikes are hitting Russia’s fuel supply

Signs reading in Russian “We are sorry, the equipment is temporarily out of service” are seen on gas pump nozzles at a Gazprom Neft gas station in Moscow (AP photo) Russia is facing an unprecedented fuel shortage after months of Ukrainian drone strikes damaged oil refineries and disrupted supplies, leading to fuel rationing, long queues…

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ITR filing: How to claim HRA exemption when filing income tax return – top points to keep in mind

Taxpayers should retain rent receipts, lease agreements, proof of rent payments, and other supporting documents. (AI image) ITR filing FY 2025-26: If you opt for the old income tax regime while filing your tax return, chances are that you avail the benefit of House Rent Allowance (HRA). This is a popular exemption available for taxpayers,…

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RBI’s net short forward position hits record $106.6 billion amid rupee pressure

The rupee had slipped to a record low of 96.96 against the US dollar on May 20. According to market participants, repeated RBI intervention prevented the currency from breaching the psychologically important 97-per-dollar mark. After sustained intervention by the Reserve Bank of India’s (RBI) to support the rupee during a period of heightened volatility triggered…

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Nayara Petrol Price: Nayara Energy cuts petrol price by Rs 5 per litre, diesel rates slashed by Rs 3; first fuel price reduction in over 2 years

Nayara Energy cuts fuel and diesel prices NEW DELHI: Nayara Energy, India’s largest private fuel retailer, on Wednesday announced a reduction in petrol and diesel prices. Petrol prices have been cut by Rs 5 per litre and diesel by Rs 3 per litre across its nationwide retail network, becoming the first fuel retailer in more…

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Nutritionist says your “healthy” snacks might be part of the problem

According to the World Health Organisation (WHO), obesity rates have nearly tripled worldwide since 1975. At the same time, the increasing consumption of ultra-processed foods and frequent unhealthy snacking are increasingly contributing to obesity, diabetes and other metabolic disorders. Research published in The American Journal of Clinical Nutrition also indicates that snacks high in protein…

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