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How much oil does India have? PM Modi explains nation’s preparedness amid global fuel crisis

PM Narendra Modi (ANI image) NEW DELHI: Prime Minister Narendra Modi on Tuesday addressed the impact of the ongoing West Asia war on India’s fuel supplies, assuring the country of sufficient crude oil storage and uninterrupted supply arrangements.Speaking in the Rajya Sabha, PM Modi said the conflict has created a serious fuel crunch globally and…

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UAE drops corporate tax for sports bodies under new law: Here’s who qualifies

UAE Corporate Tax Exemption for Non-Commercial Sports Entities Announced In a significant fiscal and policy shift this week, the United Arab Emirates Ministry of Finance announced a new corporate tax exemption for non-commercial sports entities under Cabinet Decision No. (1) of 2026, marking a major development in how the UAE supports and positions its sporting…

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‘Terror may strike our cities, but will never shake our souls’: Netanyahu shares message after Delhi blast; gives condolences | India News

Israeli Prime Minister Benjamin Netanyahu offered his condolences to Prime Minister Narendra Modi and all Indians on Wednesday, after deadly blast near Delhi’s iconic Red Fort on Monday evening.“To our dear friend Narendra Modi and to the brave people of India: Sara and I, and the people of Israel, send our deepest condolences to the…

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India rules out releasing strategic oil reserves after IEA calls to cool prices

India will not participate in the International Energy Agency’s (IEA) proposal to release strategic petroleum reserves to stabilise global oil markets, government sources said on Monday, even as crude prices surge amid the escalating Middle East conflict, reported PTI.The decision comes as G7 nations consider coordinated releases of emergency oil reserves to calm markets after…

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