Centre keeping close watch on global oil market: Suresh Gopi

IANS | June 14, 2026 2:37 PM

New Delhi, June 14 (IANS) Union Minister of State for Petroleum and Natural Gas Suresh Gopi said on Sunday that any decision on revising the prices of petrol, diesel and LPG in the domestic market would depend on the availability and stability of crude oil supplies in the global market.

El Nino likely to impact food prices, inflation projected to settle in 5.2–5.5 pc range in FY27

IANS | June 14, 2026 10:43 AM

New Delhi, June 14 (IANS) There is 80 per cent likelihood of an El Nino event during the June–August period and probabilities for this, to continue until at least November, are near or above 90 per cent, according to a new report. However, the reservoir level is more than normal storage (till June 11) in the country and the arrivals statistics of vegetables are also satisfactory.