False Respite
Every oil crisis reminds India of a reality it prefers to forget. For all the rhetoric about strategic autonomy and economic resilience, the country's growth remains hostage to developments far beyond its borders.
Every oil crisis reminds India of a reality it prefers to forget. For all the rhetoric about strategic autonomy and economic resilience, the country's growth remains hostage to developments far beyond its borders.
Government cuts fuel duty and reassures steady supply as global oil prices spike, while firmly rejecting speculation about lockdown and urging people to avoid panic.
India reduces fuel taxes and imposes export levy on diesel as global oil supply tightens. Govt assures steady supply, says refineries running at full capacity nationwide.
Beginning on Saturday, the United States and Israel launched coordinated strikes across Iran, hitting nuclear-linked facilities, military infrastructure, naval assets, and senior leadership targets.
Nuclear power needs a helping hand from governments across the world to stay viable.