India’s government has firmly stated that retail prices for petrol and diesel will not be adjusted. This means public sector oil marketing companies (OMCs) must absorb substantial daily losses. These under-recoveries are reportedly ₹20 per litre for petrol and ₹100 per litre for diesel. The combined daily hit for OMCs is approximately ₹2,400 crore as...Read More

By TRN Online, Kathmandu, April 23: The study panel on strategy for increasing energy consumption and export today submitted its report recommending for the strategy to increase export of hydropower to 15,000MW within a decade and increase per capita energy consumption to 1,500 kw per hour from existing 150kw per hour. The study committee formed...Read More

China”s top drug regulator on Wednesday announced the immediate suspension of the import, sale and use of colchicine — an anti-inflammatory active pharmaceutical ingredient commonly used to treat gout — produced by two Indian companies, citing violations of Chinese pharmaceutical regulations. During on-site inspections of the manufacturing facilities of the two companies — Alkaloids Bioactives...Read More

The image used in this article is a stock image for referential purposes only. According to customs data, China’s prebaked anode exports in March 2026 were 197,900 tonnes, up 2.75 per cent Y-o-Y and up 46.92 per cent M-o-M. The roughly calculated average export price of prebaked anodes in March was approximately USD 841.66 per...Read More

India has secured a record 2.5 million tonnes of urea at nearly double recent prices, as supply disruptions linked to tensions in West Asia tighten global fertiliser markets and raise subsidy concerns India is set to purchase a record 2.5 million tonnes of urea through a single tender, paying nearly double the rates seen just...Read More

China exported a record amount of solar components and photovoltaic panels last month, signalling that manufacturers are benefiting from stronger demand for clean energy technologies as the Iran war has caused oil and gas prices to soar and threatens supply shortages.  The world’s second largest economy exported solar panels, cells and wafers capable of generating...Read More

NEW DELHI: Govt-authorised fertiliser importing agency India Potash Ltd (IPL) is set to import 25 lakh tonnes of urea in the $935-$959 per tonne range — almost double the rate two months ago — in what is being seen as an impact of the ongoing West Asia crisis on the prices of the key soil...Read More