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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 US Ambassador meets Oil Minister Puri over expanding energy purchases 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 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; 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Qatar vows to remain reliable energy supplier to India amid West Asia tensions
2026-04-10 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Union Minister Hardeep Singh Puri, left, exchanges a handshake with Qatar Minister, President and CEO of Qatar Petroleum Saad Sherida Al-Kaabi, during a meeting, in Doha, Qatar. (@HardeepSPuri/X via PTI Photo)(PTI04_10_2026_000184B)

Union Minister Hardeep Singh Puri, left, exchanges a handshake with Qatar Minister, President and CEO of Qatar Petroleum Saad Sherida Al-Kaabi, during a meeting, in Doha, Qatar. (@HardeepSPuri/X via PTI Photo)(PTI04_10_2026_000184B) | Photo Credit: -

Qatar will remain a "reliable energy supplier" to India, its Energy Minister Saad Sherida Al-Kaabi said during talks with Indian Oil Minister Hardeep Singh Puri in Doha, as both sides called for stability in global markets amid ongoing West Asia tensions.

Puri, on a two-day visit to Qatar from April 9-10, conveyed a message of solidarity from Prime Minister Narendra Modi to Qatar's leadership, following the outbreak of conflict in the region, according to an Indian government statement on Friday.

Both sides welcomed the two-week ceasefire announced on April 8 and stressed the need for an early end to disruptions in global energy supplies.

They also emphasised the importance of "unimpeded freedom of navigation and the global flow of commerce" to maintain supply chains, the statement said.

The visit comes as New Delhi seeks to secure energy supplies amid heightened geopolitical tensions that have disrupted global fuel trade flows. Qatar is India's single-largest supplier of LNG and LPG, providing 45 per cent and 20 per cent, respectively.

After the US and Israel attacks on Iran on February 28, Tehran's sweeping retaliation targeted neighbouring Gulf countries that hosted US troops. Qatar's giant LNG export facility was struck, leading to the shutdown of production and a declaration of force majeure on gas exports, including to India.

India relies on imports to meet about half of its natural gas demand and roughly two-thirds of its LPG needs, a fuel widely used for household cooking, with the bulk of supplies sourced from West Asia.

The six-week conflict has all but shut down energy exports from the Gulf countries, leaving India to grapple with industrial supply shortages and the knock-on impact of rising prices.

Discussions during Puri's visit are expected to have focused on restoring shipments, reviewing existing agreements and exploring avenues to strengthen bilateral energy cooperation.

The statement said Puri arrived in Doha on April 9 afternoon and in the evening, he met with the Qatar Minister of State for Energy Affairs, and President and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Puri conveyed greetings and a message of solidarity and support on behalf of Prime Minister Narendra Modi to the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, as well as the Prime Minister and Foreign Minister of Qatar, HE Sheikh Mohammed bin Abdulrahman Al Thani.

"He recalled the two telephone conversations between PM Modi and His Highness The Amir in March 2026, following the start of the conflict, during which both leaders had emphasised the urgent need to restore peace and stability in the region through dialogue and diplomacy. PM Modi had conveyed gratitude to His Highness for the care and support given by Qatar to the Indian community," it said.

Both ministers, the statement said, discussed all aspects of the strategic relations between the two countries, including high-level engagements, trade, investment, energy, culture and people-to-people relations.

"They hoped for early return of peace and stability in the region and further strengthening of the bilateral relationship between India and Qatar," it said.

"Al-Kaabi reaffirmed the State of Qatar's commitment to remain a reliable energy supplier and looked forward to continuing and strengthening energy relations and cooperation with India." Both ministers also welcomed the two-week ceasefire agreed on April 8, and stressed the importance of an early end to disruptions in global energy supplies and restoration of normalcy. In this context, they emphasised the need for unimpeded freedom of navigation and the global flow of commerce to maintain global supply chains.

Puri thanked Qatar's MOS for Energy Affairs, Kaabi, for hosting him. Both ministers agreed to remain in regular touch in the coming weeks.

The minister also posted pictures of his meeting on X.

"Very happy to meet Qatar Minister of State for Energy Affairs, and President and CEO of QatarEnergy, H.E. Mr Saad Sherida Al-Kaabi in Doha during my two-day visit to Qatar," he said.

Published on April 10, 2026