Indian Metal & Energy Industry News & Updates

ONGC to boost India’s oil buffer as energy security gains fresh focus
Oil and Natural Gas Corporation (ONGC) has approved an expansion of India’s strategic oil reserves, highlighting the Modi government’s renewed push to strengthen energy resilience following the shock of the Iran war.

13 July 2026
India’s Russian crude imports hit record in June, up 34% despite revenue dip
India's Russian crude imports hit record in Jun even as Moscow's oil revenues slip
New Indian Express

13 July 2026
Centre rules out separate supply of pure petrol, E10 and E20, says nationwide rollout is logistically unviable
Consumers are unlikely to get a choice between pure petrol, E10 and E20 at fuel stations anytime soon, with the Ministry of Petroleum and Natural Gas saying such a system would be too complex and expensive to operate across India’s fuel distribution network.

13 July 2026
El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD
The global macroeconomic environment remained challenging as the lingering impact of the West Asia conflict could weigh on global growth & inflation and the turn towards monetary tightening by major central banks remained a risk for global liquidity and growth, said India’s biggest private sector bank HDFC Bank’s MD & CEO Sashidhar Jagdishan in his message for shareholders in the bank’s latest annual report which was released on Saturday (July 11, 2026).

13 July 2026
How this fuel tech has failed to flex tts muscles
New Delhi: Only four flex-fuel vehicles have been sold in Delhi since the technology entered the Indian passenger vehicle market last month.
 

13 July 2026
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