energy transition

The West Asia conflict is prompting the Indian government to accelerate its renewable energy transition, including potentially increasing ethanol blending in petrol. This strategic shift aims to bolster domestic resilience and reduce reliance on volatile global energy supplies, alongside expanding refining capacity and strategic petroleum reserves.

Iran's IRGC has warned of a "heavy assault" on US military assets and ships if Iranian oil tankers or commercial vessels are attacked in the Strait of Hormuz. This follows US forces disabling two Iranian oil tankers in the Gulf of Oman and an earlier exchange of fire near the strait.

Project Freedom, initiated by US President Trump, aims to free ships trapped in the Persian Gulf after Iran's closure of the Strait of Hormuz. US forces are actively escorting merchant vessels and have engaged Iranian boats. Meanwhile, missile attacks from Iran have struck the Emirati port of Fujairah, wounding three Indians, an act India deems unacceptable.

India’s macro exposure to the Middle East continues to be transmitted primarily through energy and critical input prices, reflecting structurally high dependence on imported crude and natural gas.

India has successfully navigated the Middle East crisis, ensuring stable fuel supplies and uninterrupted maritime operations. Despite global price surges, consumers are shielded through excise duty cuts and increased domestic production. State-run oil companies are absorbing significant daily losses to maintain current prices, while Indian seafarers in the Gulf remain safe and maritime operations at Indian ports are normal.

SRM University-AP marked its 10th Research Day, bringing together scholars, faculty and students to present interdisciplinary work. Chief guest SSV Ramakumar discussed India’s energy transition using the Princeton Wedge Approach and outlined 2025 trends such as rising gas demand and growth in renewables. Leaders highlighted industry collaboration, AI, quantum and green hydrogen initiatives, and a proposed ATRII centre. With 574 abstracts submitted, the event concluded with awards, medals, and seed grants for outstanding research notably.

India's state-run oil companies are absorbing nearly Rs 30,000 crore in monthly losses to maintain stable petrol, diesel, and LPG prices amidst soaring global energy costs. This financial burden arises from crude oil price surges and supply disruptions in West Asia, with the government prioritizing consumer protection.

Tamil Nadu's business landscape remains optimistic despite political shifts, with leaders banking on the state's strong institutions and manufacturing prowess. The new chief minister's assurance of continuity and a corruption-free administration has calmed investor nerves, fostering hope for sustained industrial growth and job creation.

Vedic astrology's Sade Sathi, a seven-and-a-half-year transit of Saturn, brings challenges but also profound lessons. Astrologers emphasize discipline, patience, and karmic responsibility. Daily rituals like early rising, lamp lighting, charity, feeding animals, meditation, and shedding bad habits are recommended to navigate this transformative period with resilience and emerge stronger.

Odisha secured investment intents worth Rs 48,330 crore and projected 67,838 jobs during a Gujarat roadshow. Chief Minister Mohan Charan Majhi highlighted the state's potential for industrial growth, emphasizing its mineral reserves, coastline, and proactive support for investors. The outreach saw significant interest across various sectors, positioning Odisha as a key player in Eastern India's development.

A fire aboard a wooden dhow near the Strait of Hormuz resulted in the death of one Indian sailor and injuries to four others. Seventeen Indian crew members were rescued by a passing vessel. The incident occurred amidst heightened regional tensions, with recent exchanges between Iran and the United States in the vital shipping lane.

Escalating Middle East conflict has choked the world's busiest oil passage, pushing crude prices past $100 per barrel with warnings of a surge to $167 or higher. A prolonged closure of the Strait of Hormuz threatens a severe energy and trade shock, potentially reducing global trade growth significantly and deepening economic uncertainty worldwide.

The Times Internet Ecopreneur Awards 2026 celebrates changemakers blending purpose with environmental responsibility across various sectors. A distinguished jury of thought leaders, policymakers, and industry experts will evaluate nominations based on sustainability impact, innovation, and scalability. This initiative aims to accelerate India's transition towards a sustainable future by spotlighting impactful solutions.