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Business News > Mint Authors > Utpal Bhaskar

Utpal Bhaskar

ARTICLES BY UTPAL BHASKAR

India currently has no long-term crude oil supply agreement between Russian oil majors such as Rosneft and Indian state-run refiners including Indian Oil Corp. Ltd (IOCL), Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL). The bulk of Russian oil is being procured via spot deals through traders. (Reuters)

India buys more Russian oil—but its rupee-rouble plan isn’t working

5 min read . 11 Jul 2025

In Himachal Pradesh, torrential rains since 20 June triggered cloudbursts, landslides, and flash floods. At least 80 people have died in rain-related incidents, 38 are missing, and more than 120 have been injured. (Photo: PTI)

Climate change is shrinking India’s weather forecast window, says IMD chief

2 min read . 08 Jul 2025

Indian Oil's focus on nuclear power comes at a time the government plans to set up 22 GW of nuclear power by 2032 and 100 GW by 2047, up from the current 8.7 GW. (Reuters)

IndianOil preparing new strategy for nuclear power: Chairman Sahney

3 min read . 08 Jul 2025

Arvinder Singh Sahney, chairman, Indian Oil Corp. Ltd (IOCL).

'Emergency plan to bypass Strait of Hormuz will help manage future oil crisis'

13 min read . 07 Jul 2025

New Delhi has steadily expanded loans and official development assistance in yen to gain from ultra-low interest rates and the rupee’s appreciation against the Japanese currency.

India makes a push for cheaper foreign loans in yen, rupee

4 min read . 05 Jul 2025

Delhi, which has over 33,000 kilometres of roads, is one of the worst major global capitals in terms of traffic congestion. (ANI)

Centre weighs connecting central Delhi to Gurugram via a tunnel

3 min read . 04 Jul 2025

If we have good infrastructure, we will have capital investment and industrial development, says Union minister Nitin Gadkari during an interaction with Mint. (Mint)

Roads scholar Gadkari has PM’s Viksit Bharat vision on his mind

11 min read . 03 Jul 2025

Union Minister of Road Transport and Highways Nitin Gadkari said the aim of all new policies was to build infrastructure of international standards and bring down India's logistics costs that remain above the double-digit mark. (PTI)

Gadkari invites retail investors for a speed ride on InvIT highway

3 min read . 03 Jul 2025

Founders of Greenko Energy Holdings and AM Green Power B.V Mahesh Kolli and Anil Chalamalasetty, India. Photo by Kumar/Mint.

Orix to sell 17.5% stake in Greenko Energy; invest in AM Green

4 min read . 30 Jun 2025

Greenko Group’s founder, president and joint managing director Mahesh Kolli and Greenko Group CEO and MD Anil Chalamalasetty. (Mint)

Exclusive: Greenko founders buy Orix Corp.'s 20% in Greenko Energy for $1.4 bn

4 min read . 29 Jun 2025

The World Bank’s India portfolio as of 23 October 2024 comprises 83 projects with a net commitment of $18.15 billion. (AFP)

Pakistan, Afghanistan no longer part of World Bank’s South Asia region

4 min read . 29 Jun 2025

On electricity exchanges, green energy prices have declined over the last few years. (Reuters)

Merchant misery: Why green power is finding little love on power exchanges

6 min read . 27 Jun 2025

The projects include a 420 megawatt (MW) solar project in Barmer region of Rajasthan. (Reuters)

Ayala-UPC venture to sell stake in 1 GW projects in $600 mn deal

5 min read . 27 Jun 2025

SPRs are built underground in strategically chosen locations, often near refineries and ports, like rock caverns or salt caverns.

India digs deep for oil security, plans six new strategic reserves

6 min read . 26 Jun 2025

Out of the 5.5 million barrels of crude oil that India consumes daily, about 1.5-2 mbpd crosses the Strait of Hormuz. (AFP)

Here's New Delhi's game plan to solve the Hormuz riddle

8 min read . 25 Jun 2025

Strait of Hormuz, a vital choke point in Iran’s coastal waters, has remained open even during the years-long Iran-Iraq war. (AFP)

India preps oil Plan B; Iran hits US bases in Qatar, Iraq

9 min read . 24 Jun 2025

It’s very clear that the old multilateral architecture, such as the WTO, has essentially broken down, Sanyal told Mint. Photo: Ramesh Sharma/India Today Group/Getty Images

India must stay nimble as ‘old multilateral architecture’ breaks down: Sanyal

24 min read . 14 Jun 2025

Sanjeev Sanyal, member of the Economic Advisory Council to the Prime Minister, said India needs to abandon population control as the nation faces a decline in fertility. (Mint)

Why Sanjeev Sanyal wants India to abandon population control

3 min read . 14 Jun 2025

The strategic move is aimed at helping the country achieve a net-zero carbon emission goal by 2070.

Big names line up for India’s small nuclear reactor projects

5 min read . 12 Jun 2025

Industry players do not expect real-time renewable energy prices to remain low for long. (Bloomberg)

Why cheaper green power is causing losses to Meta, Amazon and Microsoft

5 min read . 11 Jun 2025