India and Singapore sign semiconductors and digital cooperation pacts

Indian Oil, Air India Sign MoU For Sustainable Aviation Fuel

Indian Oil Corporation (IOC) has signed a Memorandum of Understanding (MoU) with Air India for the supply of sustainable aviation fuel (SAF), just days after becoming the first Indian company to secure ISCC CORSIA certification for SAF production at its Panipat refinery.The MoU underscores a shared commitment to low-carbon fuel adoption, supporting global decarbonisation targets and accelerating India’s transition towards sustainable aviation.“With our ISCC CORSIA-certified SAF from Panipat, Indian Oil is ready to provide a sustainable fuel solution that will help decarbonise air travel. P..

India’s Gas Import Bill Falls 9.4 per cent To $4.8 Billion In FY26

India’s natural gas import bill fell 9.4 per cent to $4.8 billion in the first four months of FY26, compared with $5.3 billion in the same period of FY25, according to data from the Petroleum Planning and Analysis Cell (PPAC).During April–July FY26, the country imported 11,534 million standard cubic metres (mmscm) of LNG, a 12.4 per cent decline year-on-year. In July alone, the bill dropped 20 per cent to $1.2 billion, while import volumes also slipped 20 per cent to 2,946 mmscm.India’s natural gas consumption fell 7.8 per cent to 23,134 mmscm, while domestic production declined 3 per ce..

Delhi To Phase Out 2,743 CNG Buses By 2031

The Delhi Transport Corporation (DTC) and cluster bus system will phase out 2,743 CNG buses by August 2031, with only electric buses being procured going forward, the Rajya Sabha was informed on Monday.Union Minister of State for Housing and Urban Affairs Tokhan Sahu, in a written reply, stated that Delhi currently operates 5,691 buses, including electric ones, against a target of 11,000 buses to be equally provided by DTC and private operators.Of the total, 2,743 are CNG buses — comprising 993 under DTC and 1,750 under private clusters. These will be gradually retired, with the older DTC CN..