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19.04.26 - 09:42
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India′s LPG consumption drops 13% in March amid Middle East supply disruptions (Times of India)
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India's cooking gas use plunged 13% in March, hit by Middle East conflict-induced supply snags. While household needs were prioritized, commercial LPG consumption saw a drastic drop. Domestic production was boosted to compensate for import disruptions, though overall fiscal year LPG demand still grew. Jet fuel demand remained flat, but petrol and diesel consumption showed strength....
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19.04.26 - 09:12
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Pilot training gets dearer on costlier jet fuel, weaker rupee (Times of India)
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Aspiring pilots face a steeper climb as jet fuel prices surge and the rupee weakens, pushing Commercial Pilot Licence (CPL) costs in India to Rs 60-70 lakh. Training abroad now incurs 15-16% higher expenses. This financial strain, coupled with long waits for flying hours and jobs, makes the dream of flying increasingly challenging for many....
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19.04.26 - 05:00
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Will AI job fears hurt China′s housing market as they have in the US and India? (SCMP)
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Growing public anxiety over artificial intelligence-driven job loss, especially in technology and other white-collar sectors, has weighed on housing sentiment in the US and India.
Yet data remains insufficient to quantify the direct impact of AI-related job fears on China's sluggish home-buying sentiment, though analysts expect such concerns to make households more cautious about long-term housing purchase decisions.
China's rapid AI adoption to boost automation and productivity had implications......
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18.04.26 - 21:06
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Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador (ZeroHedge)
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Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador
India has summoned the Iranian ambassador in New Delhi in a rare moment of inter-BRICS discord after its tanker was attacked earlier Saturday while trying to traverse the Strait of Hormuz, which has been closed once again.
"During the meeting, the Foreign Secretary conveyed India's deep concern at the shooting incident earlier today involving two Indian-flagged ships in the Strait of Hormuz," the statement from India said. The full statement, which is still somewhat tame in its rhetoric in light of the fact that what the Indian vessel thought was an "approved" transit came under direct attack:
The UK Maritime Trade Operations (UKMTO) reports that a tanker was "approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon."
The official Indian government statement continues: "He noted the importance that India attached to the safety of mer...
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18.04.26 - 07:42
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US extends sanction waiver on Russian oil again — How will it impact India? (Times of India)
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The US has extended a sanctions waiver on Russian oil purchases, offering temporary relief for countries importing crude. This move allows for continued procurement of Russian oil, particularly beneficial for India which relies heavily on imports and has increased its intake amid Middle East supply pressures. The waiver provides a crucial window for India to secure energy needs....
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