Latest news with #SubhayanChakraborty
&w=3840&q=100)
Business Standard
11-07-2025
- Business
- Business Standard
Crude connection: Refiners eye Canadian shores amid supply disruptions
Heavy grade crude from Alberta can be a stable alternative to Russian Urals Subhayan Chakraborty New Delhi Listen to This Article With most heavy crude grades suffering supply disruptions, Western Canadian Select (WCS) is being explored as a key alternative for Indian importers, refiners and Petroleum Ministry officials said on Friday. Other heavy grades from Russia, Venezuela, and Iraq are currently suffering supply disruptions. Given the large number of complex refineries in India that can process these grades, the decision by the US to impose tariffs on Canadian crude has given India a window of opportunity to establish term contracts, officials said. "Canada can be a stable source of large volumes of crude for India, at a time when we are
&w=3840&q=100)
Business Standard
07-07-2025
- Business
- Business Standard
Time to monetise 5G through differentiated services is now: Ericsson
Telecom operators should build businesses around 5G through XR devices and smart glasses, says Ericsson's APAC CTO Magnus Ewerbring, who predicts 5G will dominate for over a decade Subhayan Chakraborty New Delhi Listen to This Article Mobile operators, businesses and institutions globally have begun deploying differentiated 5G solutions in a pivotal step towards monetising the technology. The time for operators to build their businesses around it is now, said Magnus Ewerbring, Chief Technology Officer (CTO) for Asia Pacific (APAC) at Ericsson. This is because, despite ongoing research into 6G, 5G will remain the dominant mobile technology globally for over a decade, Ewerbring told Business Standard. Since its launch in October 2022, 5G services have been rolled out across all states in India, with mobile subscriber numbers surpassing 250 million. However, telecom operators Reliance Jio and Bharti
&w=3840&q=100)
Business Standard
02-07-2025
- Business
- Business Standard
Repurpose LNG infra to make ports GH2 export hubs, say ports body
Report calls for establishing common user infrastructure for quickly setting up green hydrogen facilities Dhruvaksh Saha Subhayan Chakraborty New Delhi Listen to This Article Indian ports would need to take up extensive reforms like repurposing existing Liquefied Natural Gas (LNG) terminals for green hydrogen (GH2) derivatives such as green ammonia, and setting up common user infrastructure frameworks to become export hub for GH2, a report by the Indian Ports Association (IPA) has suggested. IPA is a body of major ports in India under the control of the Ministry of Ports, Shipping and Waterways. While developing hydrogen pipelines is essential, high costs — 70-80 per cent from materials, labour, and construction — and challenges like securing rights of way make repurposing underutilised pipelines appealing, the
&w=3840&q=100)
Business Standard
22-06-2025
- Business
- Business Standard
Threat of supply disruptions rising but India has enough stock: Officials
India has enough crude reserves and is boosting imports from other sources even as the Strait of Hormuz faces risk of disruption due to the escalating Iran-Israel conflict Subhayan Chakraborty New Delhi Listen to This Article The US strikes on Iranian nuclear sites amid the ongoing Israel-Iran war has given rise to apprehensions of a wider conflict and supply disruptions from the Persian Gulf, but officials in the petroleum ministry said that India has adequate supplies of crude oil, and purchases from other sources are also expected to rise. 'The situation is highly fluid. The impact of war on energy infrastructure, and logistics is not immediately clear. But while crude flows may continue through the Strait for now, oil prices are now realistically expected to stay elevated for a much longer period. We are monitoring the
&w=3840&q=100)
Business Standard
19-06-2025
- Business
- Business Standard
Petroleum product export earnings fell 13.4% to $3.3 bn in May: PPAC
Lower global crude prices reduced May petroleum export earnings to $3.3 billion even as outbound and import volumes rose and crude processing remained steady Subhayan Chakraborty New Delhi Listen to This Article Despite a rise in outbound trade volumes, lower global crude oil prices pulled down earnings from the export of refined petroleum products in May, latest data released by the Petroleum Planning and Analysis Cell (PPAC) showed. Receipts from petroleum exports fell 13.15 per cent to $3.3 billion in May, down from $3.8 billion in May 2024. In May, Brent crude prices hovered between $60 and $62 per barrel, compared to $80 per barrel a year earlier. As a result, there was a fall in the export of aviation turbine fuel and high speed diesel. In contrast, earnings had risen by
