ONGC cancels jack-up rig tender citing pricing concerns

IANS | April 22, 2026 12:14 PM

New Delhi, April 22 (IANS) State-run Oil and Natural Gas Corporation (ONGC) on Wednesday clarified that its decision to cancel a recent tender for hiring jack-up rigs was based on concerns over pricing anomalies and potential collusive bidding.

India’s textile exports rise 2.1 pc to over Rs 3.16 lakh crore in FY26

IANS | April 22, 2026 11:44 AM

New Delhi, April 22 (IANS) India’s textile sector remained resilient in global markets, with textile exports, including handicrafts, rising 2.1 per cent to Rs 3,16,334.9 crore in FY26 from earlier fiscal (FY25) when it stood at Rs 3,09,859.3 crore, an official statement said on Wednesday.

Crude oil prices near $100 again as Strait of Hormuz remains constrained

IANS | April 22, 2026 10:53 AM

Mumbai, April 22 (IANS) Global crude oil prices edged higher to nearly $100 a barrel on Wednesday as traders and investors analysed the outlook for US-Iran peace talks following US President Donald Trump’s announcement to extend a fragile ceasefire, even as the Strait of Hormuz remained constrained.