'India needs to augment its strategic crude oil reserves': EY warns as import dependence crosses 90% in FY26
India's dependency on imported crude oil has exceeded 90%, creating a significant risk according to EY's findings. The consultancy emphasizes the urgent need for enhancing strategic oil reserves, which presently last just five days compared to China's extensive reserves. This is essential as domestic production wanes and fuel consumption rises, making India vulnerable to global supply disruptions and geopolitical tensions. A thorough reserve strategy is strongly advised.
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'From seas to skies, India becoming self-reliant': PM Modi hails C-295 aircraft in 'Mann Ki Baat' 135th episode - top quotes
In his recent Mann Ki Baat, Prime Minister Modi applauded India's significant progress in achieving self-reliance, especially in the domains of defence and aviation which showcased indigenous missile tests and aircraft production. He expressed gratitude towards the public for their cooperation during the West Asia crisis, noting a decline in gold purchases and noteworthy fuel conservation.
TMC feud escalates: Mamata faction MP Dola Sen files forgery, impersonation complaints against rebel faction
A power struggle has erupted within the Trinamool Congress as MP Dola Sen filed police complaints against a rebel faction led by Ritabrata Banerjee, accusing them of forgery and impersonation. The dissidents, who claim to be the 'real TMC', held a meeting with former councillors, using the party's symbol and name.
Ram Temple donation theft row: Homes of 8 accused raided ahead of custody hearing
Ayodhya Police intensified their probe into alleged Ram Temple donation embezzlement with simultaneous raids at the homes of eight arrested individuals. Investigators have recovered over Rs 79 lakh. The controversy also saw resignations from key Trust officials, Champat Rai and Anil Mishra. The Trust assures devotees that all offerings are secure and a fair investigation is underway.
'Farmers' leaders under house arrest': CJP's Abhijeet Dipke levels fresh charge amid Jantar Mantar stir
Cockroach Janta Party founder Abhijeet Dipke claims farmers' leaders are under house arrest to prevent them from joining the Jantar Mantar protest. The party is demanding Union education minister Dharmendra Pradhan's resignation over the NEET-UG and Maharashtra TET paper leaks. Dipke criticized the government's handling of competitive exams, alleging a pattern of failures. Educationist Sonam Wangchuk will join the protest and begin an indefinite fast.