Connect with us
Saturday,21-March-2026
Breaking News

National News

Cannot be regional superpower while depending on defence imports: Ram Nath Kovind

Published

on

New Delhi: President Ram Nath Kovind presents the National Service Scheme (NSS) Awards for 2018-2019 via video conferencing, in New Delhi on Sep 24, 2020. (Photo: IANS)

President of India Ram Nath Kovind said on Monday that no country can aspire to become an economic or regional powerhouse while being dependent on defence imports.

Speaking at a function organised here on the occasion of presentation of the President Colour to Indian Naval Aviation, Kovind also said that the prompt and effective deployment of the Indian Navy in the time of crisis, has underscored India’s vision of being the ‘Preferred Security Partner’ and ‘First Responder’ in our region.

“As we move towards becoming a five trillion dollar economy, we must remember that no country can aspire to become an economic or regional powerhouse, while being dependent on imports to defend itself,” Kovind said.

“The Indian Navy has been at the forefront of indigenisation and this is well reflected in the Navy’s current and future acquisition plans, which are powered by indigenisation. In pursuance of the Government of India’s vision of ‘Atma Nirbhar Bharat’, Indian Naval Aviation has also made steady progress in consonance with the ‘Make in India’ drive,” he added.

The President of India also said that it was a matter of pride that India’s newest aircraft carrier, the new Vikrant had started sea trials.

“It is a matter of great pride for the Indian Navy, that the indigenously built aircraft carrier, the new Vikrant has started sea trials. This gives a unique distinction to the Indian Navy, of being the only Navy in the region and one of the three navies of the world, that has maintained continuous carrier operations over the last six and a half decades,” he said.

He also said India had made significant efforts in meeting all regional commitments and furthering our diplomatic engagements with friends and partners in the Indo-Pacific.

“While the natural tendency during Covid-19 pandemic was to look inwards, India and the Indian Navy have looked outwards. The Navy was a key instrument of India’s Covid outreach, delivering assistance and support to our maritime neighbours and partners in the Indian Ocean Region. I have no doubt that, the prompt and effective deployment of the Indian Navy in the time of crisis, has underscored India’s vision of being the ‘Preferred Security Partner’ and ‘First Responder’ in our region,” Kovind also said.

International News

‘Saw People Facing Shortage, Felt Deeply Concerned’, Says Consulate General of Iran In Mumbai Amid LPG Crisis; Calls India ‘Friend & Partner’

Published

on

Mumbai: Consulate General of Iran, Saeid Reza Mosayeb Motlagh, on Friday said that Tehran is deeply concerned about India’s LPG crisis. Calling India a “friend and partner,” he added that despite risks in a conflict-like situation, Tehran ensured safe passage for gas carriers to India.

While speaking to media, he said, “The Islamic Republic of Iran has, from the very beginning, shown that it is a friend and partner of India. Personally, as the Consul General of the Islamic Republic of Iran in Mumbai, when I saw people facing a shortage of gas, I felt deeply concerned.”

“As you know, the situation is effectively a war zone, and gas carriers face their own risks; even the smallest impact can lead to serious consequences. However, by the grace of God, Iran was able to provide a safe passage so that these vessels could cross securely. This demonstrates our friendship with India,” he added as quoted by media.

Meanwhile, the Indian-flagged crude oil tanker, Jag Laadki, carrying approximately 80,886 metric tonnes (MT) of crude oil, arrived in Gujarat. Before that, LPG tanker Shivalik, which crossed the war-hit Strait of Hormuz, arrived at Gujarat’s Mundra Port. It roughly carried 40,000 metric tonnes of cooking gas from Qatar. These critical deliveries come at a time when the West Asia conflict caused LPG shortages across India.

India, the world’s third-largest crude importer, sources 88 per cent of its oil needs from abroad. It consumes 5.8 million barrels per day, of which 2.5-2.7 million barrels come from West Asian countries like Saudi Arabia, Iraq, and the UAE via the Strait of Hormuz. The choke point also carries 55 per cent of India’s cooking gas (LPG) and 30 per cent of liquefied natural gas (LNG), used for power, fertilisers, CNG, and household cooking.

Continue Reading

Business

LPG Crisis: How A Simple Digital DAC OTP System Is Plugging A Massive Black-Market Loophole

Published

on

India’s cooking gas distribution network has long been plagued by a quiet crisis – subsidised LPG cylinders meant for households routinely ended up in the black market, diverted by unscrupulous delivery personnel and agents. With the LPG crisis now deepening due to the US-Iran war, the government’s answer to this is deceptively simple – an OTP.

The Delivery Authentication Code (DAC) is a one-time-use code used to verify the legitimacy of home LPG cylinder delivery, ensuring the cylinder reaches the rightful customer. When a booking is made, the customer receives the code on their registered mobile number, which must be shown to the delivery person before the cylinder changes hands.

Ever since the crisis began, the government has significantly scaled up this system, with DAC coverage now reaching nearly 72 percent of deliveries, up from 53 percent earlier. The Ministry of Petroleum and Natural Gas has directed oil companies to ensure the DAC system is used in at least 80 percent of LPG deliveries, making OTP verification mandatory for the majority of cylinders.

Oil Marketing Companies (OMCs) have introduced the DAC system – sent via SMS and shared with delivery personnel – to ensure verified delivery, with IVRS/SMS refill booking also implemented nationwide, providing alerts at key stages including booking, cash memo generation, and delivery.

If distributors fail to meet the DAC requirement, the system flags cylinders as still in the agency’s inventory even though they have been delivered -creating a digital paper trail that exposes irregularities and improves transparency across the supply chain.

Consumers can ensure they receive DAC codes by taking these steps:

– Link your mobile number to your LPG consumer ID via your distributor or the Indane/HP/Bharat Gas app.

– Book via IVRS by calling your provider’s helpline – the DAC is sent automatically via SMS upon booking.

– Update details online at iocl.com or your respective oil company’s portal.

– Visit your distributor with photo ID and consumer ID if SMS is not being received.

– If the OTP does not arrive, customers can show their Aadhaar card as an alternate identity verification to receive the cylinder.

With the government pushing toward an 80 percent DAC compliance target, the system represents a low-cost, high-impact fix to a problem that has cost the exchequer significantly. For millions of households, it also means the subsidised cylinder they paid for will actually reach their doorstep.

Continue Reading

Business

India’s power plants well stocked with coal as PSUs step up production

Published

on

New Delhi, March 19: India’s thermal power plants have adequate coal stocks of around 53.41 million tonnes which are adequate for nearly 23 days at the present rate of consumption, and further stocks are also being built up at the pitheads of coal mining companies as a proactive measure to meet any exigency amid the disruption in oil and gas supplies due to the Iran war, the Ministry of Coal said on Thursday.

The pithead coal stock at the mines of Coal India Limited (CIL), which was 106.78 million tonnes (MT) as on April 1, 2025, has grown to about 125.54 MT as on March, 18, 2026. Further, there is around 5.75 MT of coal at the mines of Singareni Collieries Company Limited (SCCL) and another 15.75 MT coal at the mines of captive/commercial mines and about 12 MT in transit and about 5.49 MT in ports and good-shed sidings, according to a statement issued by the ministry.

Coal is continuing to ensure reliable baseload power to support core industries such as steel and cement that underpin the economic growth of the country. The coal production in the country continues at a pace matching the prevailing demands of the consumer and building adequate stocks at the mine-end for maintaining adequate supplies to the consumers as per their requirements, with the continued support of Railways, the statement said.

Coal India Limited is taking adequate measures to ensure the supply of coal to all consumers, including small, medium, and other consumers. As a proactive step, CIL has planned 29 e-auctions in the month of March, offering about 23.56 MT of coal. Out of these 29 auctions, 5 auctions have already been conducted since March 12, wherein 73.1 lakh ton of coal was offered, and 31.96 lakh ton of coal has been booked, indicating adequacy of coal offered in the e-auctions, the statement said.

In addition to this, CIL has also taken necessary action to ensure coal availability to the small, medium and other consumers through the State Nominated Agencies (SNAs) route and requested the state governments to provide the additional coal requirement, which can be met in full to avoid any energy shortages. The coal offtake of the states through the SNAs is being constantly monitored by CIL to ensure that uninterrupted supplies are ensured, the statement said.

The Ministry of Coal is ensuring a performance-driven ecosystem through sustained policy facilitation, robust monitoring mechanisms, and proactive stakeholder engagement. These concerted efforts are aimed at providing reliable coal availability, enabling uninterrupted operations across critical sectors, and effectively meeting the nation’s growing energy demands, the statement added.

Continue Reading
Advertisement
Advertisement

Trending