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Saudi Arabia effects deepest crude price cut in 26 years

Representational image In a sign of intense competition among oil producers, Saudi Arabia on Monday slashed crude prices by $11 a barrel for Aug, the sharpest fall in 26 years.The discount on Arab Light Crude follows a $6/barrel cut for July after the Strait of Hormuz opened, resulting in oil prices crashing to pre-Feb 28...

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CNG, EV make up record 40% car sales in June

Representational image NEW DELHI: Indian car buyers are increasingly moving away from conventional petrol and diesel vehicles, with compressed natural gas (CNG), hybrid and electric models accounting for more than 40% of passenger vehicle retail sales for the first time in June, signalling a structural shift in consumer preference towards lower running costs and fuel-efficient...

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‘Integral part of India’: Diplomat protests wrong depiction of J&K at Dhaka seminar

The seminar was organised by Bangladesh Institute of International and Strategic Studies (Courtesy: Bangladesh Post) DHAKA: India Monday lodged a protest at a foreign affairs seminar in Dhaka after a presentation by a former Bangladesh diplomat displayed a map depicting Kashmir as a part of Pakistan. The objection was raised immediately by second secretary (political...

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E20 fuel may damage rubber parts in E10 cars, said unpublished report

Representational image NEW DELHI: A report by Automotive Research Association of India (ARAI), which recommended rollout of E20, had concluded that using the fuel in E10-compliant vehicles showed deterioration in rubber parts of fuel-system components, such as hoses, gaskets, seals and O-rings.The study, not yet made public, has been a reference point for govt and...

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NIA charges LeT chief Hafiz Saeed with plotting Pahalgam terror strike

Hafiz Saeed (File photo) NEW DELHI: National Investigation Agency (NIA) Monday chargesheeted Lashkar-e-Taiba founder and chief Hafiz Mohammad Saeed for plotting and masterminding the April 2025 Pahalgam attack, in which 25 tourists were killed by three Pakistani terrorists in front of their families. One J&K resident was also shot dead.NIA said the second chargesheet has...

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