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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
US Ambassador meets Oil Minister Puri over expanding ener...
2026-04-16 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Union Minister Hardeep Singh Puri meets US Ambassador to India Sergio Gor, in New Delhi on Wednesday.

Union Minister Hardeep Singh Puri meets US Ambassador to India Sergio Gor, in New Delhi on Wednesday. | Photo Credit: ANI

US Ambassador Sergio Gor met Oil Minister Hardeep Singh Puri on Wednesday to discuss on expanding access to American energy and ensuring energy security.

“Great meeting with Minister @HardeepSPuri to advance the US-India energy partnership. We discussed strengthening energy security and unlocking new opportunities for accelerating growth. Expanding access to reliable American energy will further deepen our economic ties and support long-term energy security and diversity for both nations,” Gor said on X.

India has been upping its energy purchases from the US since President Donald Trump assumed office last year.

Rising US share carries both strategic value and diversification strategies. Higher energy imports from Washington will help narrow India’s trade deficit with the latter and fit into New Delhi’s broader strategy of diversifying energy supply chains. The increase in crude trade also reinforces energy cooperation between New Delhi and Washington.

Analysts said that India’s higher energy purchases is largely driven by strategic trade considerations and geopolitical dynamics.

Puri in a tweet on X said, “Happy to receive @USAmbIndia H.E. Amb Sergio Gor in my office today. We held productive discussions on the bilateral energy cooperation between our countries and discussed ways to further strengthen our comprehensive energy relationship.”

Since the closure of the Strait of Hormuz, India has been upping its LPG and LNG imports from the US.

Published on April 15, 2026