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News18
34 minutes ago
- Sport
- News18
Trupti Murgunde's Biggest Learning From Sport: 'Hang On & Don't Give Up'
Ex-shuttler Trupti Murgunde has highlighted perseverance through adversities as her key learning from sports, aiding her professional life after retirement. Former Indian shuttler and two-time South Asian Games gold medallist Trupti Murgunde has said that her biggest learning from playing sports was to keep going no matter the adversities, adding that this mantra has helped her in daily professional life even after retirement from badminton. Known for her deceptive strokes, Murgunde bagged six international titles in singles as well as in BWF events from 1999 to 2014. 'While I was actively playing, we would win and lose on the same day and still come back the next day and repeat the process. Still to hang on and not give up is something I learnt," Murgunde said while speaking at the SheShakti 2025 Mumbai Edition. 'Now, when I have been working for Indian Oil for 22 years in an administrative role, it helps me so much. Whenever I am facing any issues or match up with my colleagues because I come from a sports background, I just think about those learnings and come back afresh," Murgunde added. Trupti trained in Pune under Vasant Gore from the age of nine during her initial years before moving out to Prakash Padukone Academy in Bengaluru and getting coached under the former shuttler and Vimal Kumar in Bengaluru where she has been residing since 1999. Trupti went on to become the National Champion in junior category. She was conferred the Dhyan Chand Award for Lifetime Achievement by the President of India on August in 2020. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
NDTV
7 hours ago
- Business
- NDTV
Pakistan's Meagre Oil Reserves Don't Match Trump's 'Massive' Claim, Data Shows
Even as US President Donald Trump said in a social media post that the US has signed a deal to develop and explore "massive oil reserves" in Pakistan, the ground reality is that the neighbouring nation has very limited oil and gas reserves and meets 85 per cent of its requirement through imports. According to Worldometer data, Pakistan had 353.5 million barrels of proven oil reserves as of 2016, placing it 52nd globally and accounting for just 0.021 per cent of the world's total reserves. At current consumption levels of about 556,000 barrels per day, these reserves would cover less than two years of domestic demand if the country does not import oil, according to Worldometer data. Daily oil production is around 70,000-80,000 barrels per day, which covers only about 15-20 per cent of its own consumption. An Indian Oil Corporation (IOC) official pointed out that the current price of petrol in Pakistan is Rs 272.15 per litre, and for high-speed diesel it's Rs 284.35 per litre which are more than twice the prices of these fuels in India. These are among the highest prices in the world and reflects the high degree of dependence on imports. In contrast, while the price of petrol in India is around Rs 94.77 per litre, and diesel is priced at Rs 87.67 per litre (price in Delhi which has slight variations across the states due to local taxes.) The exploration success rate in Pakistan is low, and political, financial, and security concerns are a major concern for investors. The refining capacity in Pakistan is also limited and aging, the Indian Oil official said. There's some offshore and shale oil exploration potential (especially in Balochistan and near Karachi), but results have so far been inconclusive or commercially non-viable. On Truth Social, Trump announced a deal with Pakistan to help it with development and exploration of oil reserves. "We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they'll be selling Oil to India some day!" he wrote on social media.
Time of India
13 hours ago
- Automotive
- Time of India
Rise of intelligent vehicles will define India's global relevance, says Nitin Gadkari
'We need futuristic technology and futuristic vision,' said Union Minister Nitin Gadkari , addressing a gathering of industry leaders, engineers and innovators at the Qualcomm's Snapdragon For India event. Applauding India's growing capabilities in embedded systems, chip design and advanced automotive electronics, the minister described the domestic auto-tech sector as one of the strongest pillars of India's aspiration to become a global manufacturing hub. Gadkari noted that semiconductor innovation is now inseparable from the future of mobility. 'Your designs, your quality, indicate that you have got the potential to make this industry world standard,' he said, referring to the increasing integration of intelligent platforms in India's automotive systems. As global demand rises for electric, connected and autonomous vehicles, India's software and chip design capabilities are finding global respect, he said. He also reiterated the government's full support for this transformation. 'Today government is with you. We will support you for developing your industry. As stakeholders, we will come together, think together, and work together.' Alternative fuels to reduce imports and pollution Shifting to the broader challenge of sustainability, Gadkari stressed the urgent need to move away from fossil fuels. 'Forty percent of air pollution is because of this industry,' he said, referring to the transport sector. He laid out a clear path forward: a transition to alternative fuels such as ethanol, methanol, biodiesel, LNG, CNG, electric, and hydrogen. With India spending ₹22 lakh crore annually on fossil fuel imports, Gadkari described this as both an economic and environmental crisis. 'This is the appropriate time that we need to find out the solution, that how we can reduce this import.' He highlighted successful efforts to produce ethanol from sugarcane juice, molasses, broken rice and corn, citing its dual benefits—reducing oil imports and raising incomes for farmers. 'When we started ethanol from corn, its price went from ₹1200 to ₹2600 per quintal,' he said. The acreage under corn cultivation has since tripled in several states, including UP and Bihar. Converting agricultural waste to clean energy Gadkari underlined the government's 'jal, jameen, jungle and janwar' model of energy transition, focused on local, agricultural, and animal waste as raw material for fuels. He pointed to Indian Oil's ethanol project in Panipat, which produces one lakh litres of ethanol and 78,000 tonnes of sustainable aviation fuel from rice straw. Further, 400 projects are under way to produce bio-CNG from rice straw, with 80 already completed, especially in Punjab and Haryana regions responsible for seasonal stubble burning that affects Delhi's air quality. 'We are even making bio-bitumen from rice straw,' he said, citing a successful 1km test on the Nagpur–Jabalpur highway, which performed better than petroleum-based bitumen. From 'knowledge to wealth' and 'waste to wealth' Laying out a broader vision, Gadkari said, 'One important philosophy which is very important for all of you is the concept of 'knowledge to wealth' and 'waste to wealth'.' India's tech and manufacturing sectors, he said, must convert innovation, science, research, and skill into tangible economic outcomes. He also cited the use of 80 lakh tonnes of municipal waste from Delhi in road construction projects such as Dwarka Expressway, UER-II, and Delhi–Dehradun Expressway, which has reduced the height of the Ghazipur landfill by seven metres. Hydrogen is the future Gadkari devoted a significant portion of his speech to India's bold hydrogen vision. Calling it 'the fuel of the future,' he revealed that the Ministry of Road Transport and Highways has launched hydrogen truck trials across 10 routes, with active participation from Tata Motors, Ashok Leyland, Reliance, NTPC, IOCL, BPCL, HPCL, Volvo and Anand Group. A total of 37 vehicles are part of this trial, backed by ₹500 crore in government support. The National Green Hydrogen Mission aims to produce 5 million metric tonnes of hydrogen annually by 2030, saving ₹1 lakh crore in fuel imports and cutting 50 million tonnes of CO₂. Total investment in the hydrogen ecosystem is expected to touch ₹8 lakh crore, generating 6 lakh new jobs. Building talent, enabling Atmanirbhar Bharat The minister also emphasised the critical need for skilled manpower. 'We have a shortage of 22 lakh skilled drivers,' he said, announcing plans to establish 1600 driver training centres with a capital investment of ₹4500 crore, expected to generate 15 lakh jobs. Gadkari concluded with a call to action: 'Your contribution to nation-building, your contribution to creating jobs, your contribution to Atmanirbhar Bharat and exports is very, very important.' With a ₹75-lakh-crore vision for India's auto sector, he reminded the industry that while the road ahead may be challenging, it is well within reach. 'It is difficult, but it is not an impossible task.'
Time of India
2 days ago
- Business
- Time of India
Supply of ethanol-blended petrol jumps more than 4-fold in four years
The ethanol-blended petrol supplied at the retail outlets of the public sector oil companies such as Indian Oil and Bharat Petroleum has shot up from 173 crore litres in Ethanol Supply Year (November-October) 2019-20 to more than 700 crore litres in Ethanol Supply Year (ESY) 2023-24, while there has also been a corresponding increase in blending percentage from 5 per cent in ESY 2019-20 to approximately 14.6 per cent in ESY 2023-24, the Parliament was informed on Monday. Further, for the ongoing Ethanol Supply Year (ESY) 2024-25, as of June 30, 2025, a total of 661.06 crore litres of ethanol has been blended with petrol, achieving a blending percentage of 18.93 per cent, Minister of State for Petroleum and Natural Gas Suresh Gopi told the Rajya Sabha in a written reply to a question. During the month of June 2025, ethanol blending of 19.92 per cent has been achieved. All retail outlets of Public Sector Oil Marketing Companies across the country, having petrol selling facilities, dispense E20 petrol, the minister added. Highlighting India's achievements in the biofuels sector, Petroleum Minister Hardeep Singh highlighted that nearly 20 per cent ethanol blending has been achieved in 2025, a significant rise from 1.53 per cent in 2014. This accomplishment has resulted in Rs 1.4 lakh crore in foreign exchange savings, substitution of 238 lakh metric tonnes of crude oil, a reduction of 717 lakh metric tonnes in CO2 emissions, and direct payments of Rs 1.21 lakh crore to farmers. Farmers have gained as the sugar mills that are also producing ethanol can now afford to pay higher prices for sugarcane and clear pending dues in time. Encouraged by the performance, the government decided to advance the target of 20 per cent ethanol blending in petrol from 2030 to ESY 2025-26. In order to achieve the 20 per cent ethanol blending target by ESY 2025-26, the government has taken several measures which include a detailed Roadmap for Ethanol Blending in India, expansion of feedstock for the production of ethanol, remunerative price for procurement of ethanol under the EBP Programme, lowering of the GST rate to 5 per cent on ethanol for EBP Programme, and an amendment in the Industries (Development & Regulation) Act for free movement of ethanol across states for blending. An interest subvention scheme for enhancement and augmentation of ethanol production capacity in the country; regular floating of Expression of Interest (EoI) by Public Sector oil marketing companies for procurement of ethanol has also been undertaken.
Time of India
2 days ago
- Business
- Time of India
IL&FS invites bid for Paradip water supply project
Mumbai: IL&FS has invited expressions of interest to sell its entire stake in Paradip Refinery Water, which supplies treated water to Indian Oil's refinery in Odisha. The sale, cleared by NCLAT in Nov 2024, is part of IL&FS's broader resolution plan and does not require IOCL's consent, despite earlier contractual provisions. The sale will resolve IL&FS group debt by Rs 900 to Rs 1000 crore. So far around Rs 57,000 crore of the group debt has been addressed after the government appointed new board took charge in October 2018. Paradip Water, incorporated in Nov 2009, draws water from the Mahanadi at Cuttack and transmits it over a 94.2-km pipeline to IndianOil's Paradip refinery under a 25-year BOOT (build, own, operate and transfer) agreement signed in Jan 2010. Operations began in Jun 2014 and continue through May 2039. Revenue comes from fixed annuities, transport fees, and index-linked variable charges. Sources said that IndianOil earlier had a right of first refusal in the project. In FY25, revenue stood at Rs. 135.4 crore, with EBITDA at Rs. 114.2 crore and a margin of 84.3%. Cash and bank balances were Rs. 93.2 crore, while receivables were stable at Rs. 10.9 crore. Fixed assets were valued at Rs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn More - How Donating Sperm May Boost Your Income SpellRock Undo 443.5 crore. Debt stood at Rs. 273.3 crore, down from Rs. 682.2 crore in FY21. SBI is the sole lender, with loans secured against project assets. Fitch rated its loans IND AA- in Dec 2024. IL&FS is seeking bids from firms with a net worth of at least Rs. 1,080 crore and relevant pipeline experience. The sale covers 17.7 crore equity shares and will be on an 'as is where is' basis. The company has Rs. 197.9 crore in unabsorbed depreciation, offering potential tax benefits. EOIs are due by 5 PM on Sept 9. Kroll is advising on the deal. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
