Intentar ORO - Gratis
Spot LNG prices rise sharply
Financial Express Delhi
|March 19, 2026
Govt makes ad hoc provision of ₹600 crore for fertiliser plants
SPOT PRICES OF LNG, a key feedstock for urea production, rose sharply to $19 per metric million Btu (MMBtu) in the latest purchase by the state-owned GAIL from an average of $11-12 MMBtu in April-February this financial year, sources said.
The spot purchase of LNG was initiated on Tuesday after the virtual blockade of the Strait of Hormuz, a key import route from the Gulf countries, led to concerns about gas supplies.
Sources said the government has made a provision of over ₹600 crore for augmenting LNG supplies to fertiliser plants from the spot market for the time being.
Esta historia es de la edición March 19, 2026 de Financial Express Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Delhi
Financial Express Delhi
M&M offers buyback to early BE 6 limited edition buyers
MAHINDRA & MAHINDRA (M&M) has offered a buyback option to early customers of its BE 6 Batman Edition electric SUV, following backlash over the reintroduction of what was marketed as a limited-edition model.
1 min
March 19, 2026
Financial Express Delhi
Consumer courts facing shortage of staff, leaders
NEW NATIONWIDEASSESSMENT BY THE INDIA JUSTICE REPORT
2 mins
March 19, 2026
Financial Express Delhi
Nazara to buy 2 Spanish gaming firms for $100 mn
DIVERSIFIED GAMING AND sports media firm Nazara Technologies on Wednesday said its UK-based subsidiary willacquire a 50% controlling stake in Spanish social gaming platforms Bluetile Games and BestPlay Systems for $100.3 million (about %918 crore).
1 min
March 19, 2026
Financial Express Delhi
Iran's huge gas field struck in big escalation in W Asia
IRAN’S HUGE PARS gas field was hit on Wednesday in the first reported strikes on Iranian energy infrastructure in the Gulf during the US-Israeli war, a major escalation that prompted Tehran to warn its neighbours that their energy installations would be targeted “in the coming hours”, reports Reuters.
2 mins
March 19, 2026
Financial Express Delhi
Rupee drifts to new lows amid tensions
THE RUPEE DEPRECIATED to a fresh low against the dollar on Wednesday as crude oil prices remained above the $100 /barrel mark fuelled by the war in West Asia.
1 min
March 19, 2026
Financial Express Delhi
Microsoft mulls legal action over Amazon-OpenAI deal
MICROSOFT IS CONSIDERING legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday.
1 mins
March 19, 2026
Financial Express Delhi
Relief rally lifts IT stocks as Al jitters subside
INDIAN IT STOCKS sawarecoveryonWednesday,with the Nifty IT index rebounding after the previous session’s underperformance, as investor sentiment steadied following brokerage commentarythat tempered concerns around AI-led disruption.
1 mins
March 19, 2026
Financial Express Delhi
Social feeds power micro-drama boom: Report
MICRO DRAMAS ARE rapidly emerging as a new content category in India, with social media feeds driving discovery for a vast majority of viewers, according to a joint report by Meta and Ormax Media.
1 min
March 19, 2026
Financial Express Delhi
Firms pivoting from China shedding to maxxing
SOME OF CHINA'S most successful global companies have spent years masking their origins to sidestep Western scrutiny.
2 mins
March 19, 2026
Financial Express Delhi
Spot LNG prices rise sharply
Govt makes ad hoc provision of ₹600 crore for fertiliser plants
2 mins
March 19, 2026
Listen
Translate
Change font size