Business
‘A global hub for export’: India eyes 10% share of global green hydrogen demand by 2030; 862,000 tonnes of production allocated across 19 firms – Times of India
India intends to secure approximately 10% share of worldwide green hydrogen demand, projected to surpass 100 million metric tonnes by 2030, according to Shripad Naik, minister of state for power and new and renewable energy, speaking on Tuesday. Under the National Green Hydrogen Mission, Substantial progress has been achieved towards production goals, with 19 companies receiving allocations totalling 862,000 tonnes annually of production capacity, Naik announced at the FICCI Green Hydrogen Summit 2025, as reported by Economic Times.The administration has allocated 3,000 MW of electrolyser manufacturing capacity amongst 15 companies. “We want to make India not only a major producer but also a global hub for green hydrogen export,” Naik said, describing the nation’s approach to establish itself as a dependable exporter.The international green and clean hydrogen sector is advancing, driven by decreasing costs, according to industry leaders. “In one of the global tenders, green has come out cheaper than blue,” said Vipul Tuli, chair of FICCI’s Renewable Energy CEOs Committee and Sembcorp India. “Please understand the implications of that – it’s a very significant development,” he added. The EU showed robust backing for bilateral partnership in this field. Dr Ewa Suwara, Charge d’affaires of the EU delegation to India, revealed plans for strengthened collaboration following the second India-EU Green Hydrogen Forum in Rotterdam in May 2025.
Business
No fuel shortage: Govt assures 100% domestic LPG, PNG, CNG supply amid Hormuz energy crunch – The Times of India
Amid ongoing geopolitical tensions straining global oil supplies, the government has said that it is ensuring uninterrupted fuel availability across the country and is closely monitoring maritime safety in the Middle East.Reassuring citizens, the ministry of petroleum and natural gas said there has been no disruption in household LPG supply. “Domestic LPG cylinder deliveries remain normal against bookings with more than 53.5 lakh domestic LPG cylinders delivered yesterday,” it said.The ministry further urged people not to rush to fuel stations or stock up on supplies. It said, “Citizens are advised to avoid panic purchase of petrol, diesel and LPG as the Govt is making all efforts to ensure availability of petrol, diesel and LPG.”It further assured that essential services remain fully supported, stating, “100% supply is being made to Domestic LPG, Domestic PNG and CNG (Transport),” while supply management measures are being taken as needed.At the same time, the government pointed to changes in consumer behaviour in the energy sector. It said, “more than 39,000 PNG consumers surrendered their LPG connections via MYPNGD.in,” suggesting a gradual shift towards piped natural gas. It also noted a rise in auto fuel demand, adding that “avg. Auto LPG sale by PSU OMCs in the month of April-26 (till 17.04.26) is around 305 MT/day against the avg. of 177 MT/day during Feb-26.“On the maritime front, authorities confirmed that Indian shipping continues to move safely through the region despite risks. The Ministry of Ports, Shipping and Waterways said, “Indian-flagged crude oil tanker Desh Garima safely crossed the Strait of Hormuz on 18 April 2026,” adding that the vessel, carrying 31 Indian seafarers, is “expected to arrive at Mumbai on 22 April 2026.”However, it also acknowledged recent security incidents, noting that “two Indian vessels… reported a firing incident while transiting the Strait of Hormuz,” though “there has been no injury to any crew reported.”The shipping ministry said the situation is being closely tracked, adding, “All Indian seafarers are safe. The situation continues to be closely monitored.”On fuel availability, the petroleum ministry said refineries are running at strong capacity and “sufficient stocks of petrol and diesel are being maintained,” with retail fuel stations operating normally across the country.To cushion consumers from global price shocks, the government highlighted recent fiscal steps, saying, “The Middle East crisis has led to an abnormal increase in crude prices; however, to protect consumers, the Government of India has reduced excise duty on petrol and diesel by Rs 10 per litre.”It also intensified action against malpractice in the supply chain, stating that “more than 2400 raids were conducted across the country” on April 18 to check hoarding and black marketing of LPG.Officials said that coordinated efforts with states, industry stakeholders and agencies are ongoing to ensure energy security and uninterrupted supplies despite global uncertainty.
Business
India-US trade deal: Three-day talks to begin from April 20; what to expect – The Times of India
India and the United States are set to resume trade negotiations this week, with a delegation of about a dozen officials travelling from New Delhi to Washington for discussions on the first phase of the proposed bilateral trade agreement (BTA). The talks, scheduled from April 20 to 22, will be led by India’s chief negotiator Darpan Jain, additional secretary in the department of commerce, and will include officials from the customs department and the ministry of external affairs.“The meeting will happen from April 20-22 in Washington DC. India’s chief negotiator Darpan Jain (additional secretary in the department of commerce) is leading the team. Officers from customs and external affairs ministry are also part of the Indian team,” an official told PTI. This round of talks comes after major changes in the US tariff system, which have led both sides to reconsider the structure of the trade agreement finalised earlier this year and released on February 7.A key shift came after the US Supreme Court struck down reciprocal tariffs imposed under the 1977 International Emergency Economic Powers Act, prompting the US administration to introduce a temporary flat 10% tariff on all countries for 150 days from February 24. These developments resulted in postponing of a planned February meeting between the chief negotiators, with the rescheduled talks in Washington now set to take place under this updated tariff framework.With Washington now applying a uniform 10% tariff on all trading partners, the relative advantage India had under the earlier arrangement has diminished, leading to calls for revisiting the agreement. “So the agreement will have to be recalibrated, redrafted,” a government source has said, adding, “that amount of change will take place from their side”.“In our case, since the agreement has not been signed, we have got the option where we can right now change whatever needs to be changed,” the source has said.In addition to tariff issues, the discussions are expected to address two investigations initiated by the US Trade Representative under Section 301 of its trade law. India has contested the allegations in these probes and has asked for them to be withdrawn, arguing that the initiation notices do not provide adequate justification. The talks are taking place at a time when countries are reassessing their positions under the revised tariff system amid changes in global trade with the US.At the same time, trade patterns for India have also seen changes. China has become India’s largest trading partner in 2025-26, replacing the US, which had held that position for four consecutive years until 2024-25.Latest figures show India’s exports to the US rose slightly by 0.92% to $87.3 billion in the last financial year, while imports grew by 15.95% to $52.9 billion. This resulted in a narrowing of the trade surplus to $34.4 billion in 2025-26, compared with $40.89 billion in the previous year.
Business
Newcastle teacher: ‘My school cannot afford free breakfast club’
Barbara Middleton says she cannot afford to staff the government’s free breakfast clubs.
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