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Crude Oil

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business

India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank exec

India's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is well-positioned to handle higher oil prices. Domestic demand remains robust, with positive indicators in car sales and mall footfalls. India's refining capabilities offer a buffer, mitigating the impact of crude price increases. Growth is projected to remain strong, near 7.5-8%.

The Economic Times6/7/2026, 6:54:00 AM
power

Global Turmoil: Highlights from Current World Events

In a global roundup of news, a fire erupted in Brussels, Israeli forces killed a Palestinian baby in the West Bank, and Cuba's Raul Castro made a public appearance. Amid geopolitical tensions, Zelenskiy offered peace talks to Putin, while the U.S. reinforced Ebola efforts in the DRC. Various global incidents, from local protests in Korea to international military sales, continue to shape the international stage.

Devdiscourse6/6/2026, 12:58:38 PM
power

India's 7.7 pc GDP growth in FY26 shows foundation of economy is strong, says PM Modi

India's economy shows a strong foundation with 7.7 percent GDP growth for fiscal 2025-26. Prime Minister Narendra Modi stated India is the world's fastest-growing major economy. He emphasized collective citizen efforts in managing global turmoil. Development projects worth Rs 2,970 crore were launched in Daman. Modi assured continued fast-paced progress on the path of reform, performance, and transformation.

The Economic Times6/5/2026, 5:00:00 PM
culture

Quote of the day by Alexander the Great: 'Toil and risk are the price of glory, but it is a lovely thing to live with courage and die leaving...'

Quote of the day by Alexander the Great: Alexander the Great, a legendary military leader, built one of history's largest empires before age 33. Educated by Aristotle, he united Greek city-states and conquered vast territories, spreading Hellenistic culture. His life, though short, left an indelible mark on the ancient world through ambition and leadership.

The Economic Times6/4/2026, 6:56:00 AM
power

Maruti Suzuki Flex Fuel Car Launch Live: India's First E100 Car - Price, Mileage, Engine And More

Maruti Suzuki Flex Fuel Car Launch Live: Maruti Suzuki is set to take a major step in India's alternative-fuel journey with the unveiling of the country's first mass-market E100-compatible flex-fuel passenger vehicle today. The unveil, scheduled ahead of World Environment Day, will showcase a production-ready model capable of running on petrol as well as ethanol blends up to E100. The event at Taj Palace, New Delhi, will be attended by Union Minister for Road Transport and Highways Nitin Gadkari and Union Minister for Petroleum and Natural Gas Hardeep Singh Puri, both of whom have been strong advocates of ethanol-based mobility in India.Maruti Fronx Or Wagon R?While Maruti Suzuki has not officially revealed the model name, industry reports suggest the vehicle could be based on either the Wagon R Flex Fuel prototype previously showcased in India or the Fronx Flex Fuel concept displayed globally. Both vehicles have already demonstrated compatibility with high-ethanol fuel blends, making them strong contenders for today's unveiling.DesignFrom a design standpoint, major styling changes are not expected. Instead, the focus is likely to remain on the flex-fuel technology itself, with subtle exterior graphics or badging differentiating the model from its conventional petrol counterpart. Inside, buyers can expect the familiar Maruti Suzuki cabin layout along with features already offered on the donor vehicle, including a touchscreen infotainment system, smartphone connectivity, automatic climate control and multiple safety features depending on the variant.Flex Fuel EngineThe biggest talking point will be the powertrain. The flex-fuel engine is expected to operate on fuel blends ranging from standard petrol to 100 per cent ethanol, supporting the government's push to reduce crude oil imports and increase ethanol adoption. While ethanol fuel is generally cheaper than petrol, vehicles running on higher ethanol blends typically record lower fuel efficiency than equivalent petrol-powered versions.PricePricing remains under wraps, but industry estimates suggest a modest premium over the standard petrol model due to additional fuel-system modifications required for E100 compatibility. Stay tuned as we bring you live updates on the official launch, price announcement, specifications, mileage claims and everything else revealed from the event floor., Car News News, Times Now

Times Now6/4/2026, 2:51:56 AM
power

Collapse is near: Trump's window to resolve Iran crisis closing fast

Middle East tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and economic growth worldwide, particularly in Europe and Asia. The world economy faces growing risks as diplomatic efforts falter.

The Economic Times6/3/2026, 4:15:00 PM
power

US-Iran War Live: Iran says US talks still alive, rules out any deal that ignores Lebanon

US-Israel-Iran War Live Updates: Gulf tensions escalated sharply on Wednesday as Iran launched missile and drone attacks on Kuwait, damaging facilities at Kuwait International Airport, killing one person and injuring more than 60 others, while the United States carried out military strikes near the Strait of Hormuz. The latest violence has put further strain on a fragile ceasefire reached earlier this year and raised fresh concerns about the stability of one of the world's most important energy corridors. Bahrain said it intercepted several missiles and drones after Iran claimed to have targeted US military assets in the region. The US military reported that some Iranian missiles failed to reach their targets and said it had struck positions near Hormuz after attempted attacks on American forces and commercial shipping. Oil prices climbed more than 2% as uncertainty grew over the future of the strait, which previously handled about 20% of global oil and liquefied natural gas shipments. Diplomatic efforts to end the conflict remain stalled despite repeated claims by US President Donald Trump that a deal is close. Iran continues to seek sanctions relief, access to oil revenues and guarantees over regional issues, while Washington insists Tehran must abandon any path to nuclear weapons. The conflict has also spilled deeper into Lebanon, where Israeli drone strikes killed several people and targeted areas near southern region. With Iran, the US, Israel and Hezbollah still locked in confrontation, fears are growing that renewed fighting could further disrupt global energy supplies, increase pressure on oil markets and complicate already fragile negotiations aimed at ending months of war across the Middle East. Stay tuned to IndiaToday.in for the latest updates.

India Today6/3/2026, 12:23:35 PM