India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi: LPG supply disruptions amid the West Asia war are forcing large restaurant chains, including McDonald's and Pizza Hut, to shut some stores, while dozens of premium fine-dine chains have stalled expansion plans. So far, shutdowns were largely limited to mid-sized and smaller restaurants that rely on daily cylinder supplies. Most larger chains tweaked menus to focus on low-gas dishes and switched to alternatives such as induction cooking and piped natural gas (PNG) where possible to deal with the crisis. Now, their LPG inventories too are running out. "We are having to shut down 10-15 outlets of Pizza Hut daily, wherever LPG is in short supply," said Ravi Jaipuria, non-executive chairman of Devyani International, which operates 2,279 stores of Pizza Hut, KFC, Costa Coffee and Vaango. "Despite the continued shortage of LPG, we are managing operations in a way that disruptions are minimised," he added. Sanjeev Agrawal, chairman of McDonald's India, north & east, said 15-35 restaurants are impacted on a daily basis, adding that the outlets are re-opened for a short period if they can manage LPG supplies. McDonald's operates 320 restaurants in the north and east. Speciality Restaurants, which owns brands such as Mainland China and Oh! Calcutta, meanwhile, has put on hold all expansion discussions. "We need to keep a check on our finances and can't have the treasury depleting," founder Anjan Chatterjee said. "Our Dubai outlets have shown a drop of 15-20%." Likewise, First Fiddle Restaurants that operates Thanks & Beyond, Lord of the Drinks and Diablo among others, was not able to launch its new restaurant Kesar Bagh in Goa, for a month. "We have opened now but with a much smaller menu," chief executive Priyank Sukhija said. "The LPG shortage is a big issue in some markets such as Goa and Bengaluru; cost prices have gone up and we have had to reduce menus in markets such as Connaught Place in Delhi," he said. If the issue persists for too long, more brands will have to look at pivoting to electric means besides shifting to other food formats that don't require extensive cooking, Sukhija said. The government has been prioritising LPG cylinders for households and essential sectors such as hospitals, and restricting supplies to non-essential commercial enterprises, including restaurants. On Saturday, Jubilant FoodWorks, which runs Domino's Pizza and Popeyes, said in an exchange filing that the supply of LPG cylinders to certain parts of the company's store network has been constrained. JFL, which has a total store count of over 3,500, said "it is in constant engagement with oil marketing companies to remain apprised of the latest developments and plan operational responses accordingly."
Bhubaneswar, Dec 18 (PTI) Ahead of BJD's 28th foundation day on December 26, its chief Naveen Patnaik on Wednesday urged members to remain dedicated to serving the people of Odisha, while the party announced a mass demonstration in Bhubaneswar on January 6 to highlight the price rise of essential commodities and other issues. Patnaik asked party supporters to "raise voice against the BJP government's 'anti-people' policies" and also highlight the impact of high inflation, which hits the poor and middle class. "The party leaders and workers need to create awareness among people on the state B ...Read More >
Mumbai: Amid concerns over possible LPG shortage, the Indian Railway Catering and Tourism Corporation has directed catering units at railway stations in its western zone to shift to microwave and induction plates and maintain stocks of ready-to-eat food items for passengers. Also Read: You may have to carry your food on trains as Railway catering may be suspended due to gas cylinder crisis In a communication issued on March 10, IRCTC asked operators of food plazas, refreshment rooms and 'Jan Ahaars' to switch to alternative arrangements to maintain seamless catering services for travelling p ...Read More >
New Delhi, Mar 11 (PTI) State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said on Wednesday. "Domestic retail prices of fuels have remained largely steady since April 2022, despite swings in global oil and gas prices and the country's high dependence on imports," Moody's said in a note. "The companies will bear rising input costs from higher energy prices without correspondi ...Read More >
Hyderabad (Telangana) [India], March 12 (ANI): Bharat Rashtra Samithi (BRS) Working President KT Rama Rao on Thursday wrote to Union Petroleum and Natural Gas Minister Hardeep Singh Puri seeking urgent intervention to address the shortage of both commercial and domestic LPG cylinders. According to a post by BRS on 'X', KTR warned that the shortage is severely affecting hotels, eateries, hostels and small food businesses. The letter cautioned that thousands of establishments could be forced to shut down, while lakhs of workers and students may face serious hardship if the LPG supply is not res ...Read More >
NEW DELHI: Asserting that the foundation of every single nation is its energy security, Leader of Opposition Rahul Gandhi on Thursday alleged that the government has "bartered" to the US India's right to determine its relationships with different oil suppliers due to a "compromise". Raising the issue in the Lok Sabha, Gandhi said the war between the US-Israel and Iran is going to have far-reaching consequences. "The central artery from where 20 pc of global oil flows, Strait of Hormuz, has been closed and this is going to have tremendous repercussions, particularly for us because a very larg ...Read More >
New Delhi, March 12 (SocialNews.XYZ) There is no fuel shortage, and India has sufficient crude oil stock at the moment, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should not spread rumours and avoid creating fake narratives. Speaking in Parliament, the minister stressed that the volume of energy in India is secure. "India's crude supply position is secure, and the secured volume exceeds what Hormuz would have delivered. Thanks to Prime Minister Narendra Modi's outstanding diplomatic outreach and goodwill, India has secured crude volumes that ex ...Read More >
New Delhi: All city gas distribution (CGD) companies will now pay the same pipeline tariff regardless of their distance from the gas supply source, a measure that will help reduce transportation costs for licensees and potentially lower cooking and transport fuel prices in far-flung licensed areas. The Petroleum and Natural Gas Regulatory Board (PNGRB) has amended the Natural Gas Pipeline Tariff Regulations, introducing key reforms to the sector. These include streamlining unified tariff zones, allowing a single pipeline tariff for CGD companies, and creating a dedicated pipeline development ...Read More >
Kurnool, Oct 16 (UNI) Prime Minister Narendra Modi today laid the foundation stone, inaugurated, and dedicated to the nation multiple development projects worth around Rs 13,430crore here in Andhra Pradesh. The Prime Minister further laid the foundation stone anddedicated to the nation several key railway projects worth over Rs 1,200 crore. The projects include the laying of the foundation stone for the Kothavalasa-Vizianagaram Fourth Railway Line and the Rail Flyover between Pendurthi and Simhachalam North. The dedication to the nation of the doubling of the Kottavalasa-Boddavara section an ...Read More >
Hyderabad-based Megha Engineering & Infrastructures Ltd (MEIL) has secured a $225.5 million contract from Kuwait Oil Company to build, operate and manage a gas sweetening and sulphur recovery facility at Kuwait's oilfields. The project will be completed in 790 days, followed by five years of operations and maintenance. Indian multi-sector infrastructure firm Megha Engineering & Infrastructures has won a contract worth $225.5 million from Kuwait Oil Company (KOC), it said on Friday. The contract ...Read More >
Indian businesses say they are struggling to keep operations running as gas supplies are disrupted by the US and Israel's war on Iran. Restaurant owners are scrambling to keep kitchens running and entrepreneurs in industries like ceramics and fertilisers say they are unable to maintain their production and are warning of shutdowns. India has said it is not short of gas but has invoked emergency measures to ensure supplies get to domestic consumers and other key users. The country meets half of ...Read More >
Shares of TTK Prestige, Gandhimathi Appliances (Butterfly Gandhimathi), and Stove Kraft surged up to 15% on Wednesday, March 11, as concerns over LPG supply disruptions boosted investor interest in companies that manufacture alternative cooking appliances. The rally followed reports of a shortage of commercial LPG cylinders in several cities including Mumbai, Bengaluru and Chennai, where supplies to hotels and restaurants have been disrupted. According to reports, the situation has led to a shar ...Read More >
Indore (Madhya Pradesh) [India], March 12 (ANI): After Madhya Pradesh's capital Bhopal, the reported shortage of commercial LPG cylinders is affecting the restaurant and food business in Indore city as well, with several food stalls facing difficulties in continuing their operations. Restaurant owners say they are unable to obtain commercial gas cylinders, resulting in some establishments temporarily shut down, and some food outlets selling tea, poha, and kachori are trying to keep their businesses running by using wood and coal for cooking. "I run a tea and poha shop here. We are unable to ...Read More >
The shockwaves of a war being fought nearly 3,000km away are now reaching India's kitchens. As the US-Israeli strikes on Iran disrupt energy shipments through the Strait of Hormuz, supplies of liquefied petroleum gas (LPG) are tightening across India, forcing restaurants to cut menus, shorten hours and in some cases shut down altogether. Social media is awash with video clips showing queues outside cooking-gas dealers across Indian cities and towns as worries over fuel supplies spread. Commerci ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
NewsVoir Mumbai (Maharashtra) [India], December 5: With the holiday spirit in the air, McDonald's India (West & South) is marking a significant milestone - the first anniversary of its widely loved global loyalty program, My M Rewards. To celebrate this journey of loyalty and love, McDonald's has launched an exciting new contest called Collect Quest, conceptualized and designed by OMD and DDB network teams. This initiative has been rolled out across various markets in Southeast Asia, to elevate customer engagement and transform dining into a thrilling adventure of rewards for its loyal fans. ...Read More >
NEW DELHI: Commerce and industry minister Piyush Goyal has indicated that India could buy more oil from the US amid repeated calls from American President Donald Trump for India and China to lower purchase of Russian crude."We are big importers of energy from across the world, including from the US. We expect to increase our trade with the US on energy products in the years to come... Our energy security goals will have a very high element of US involvement, which will ensure high stability, dive ...Read More >
New Delhi: On Thursday, Prime Minister Narendra Modi inaugurated and laid the foundations for a number of projects totalling ₹13,430 crore that will spread throughout Andhra Pradesh. Key industries covered by the projects include industry, power transmission, roadways, railroads, defense production, and natural gas and petroleum. With an investment of more than ₹2,880 crore, PM Modi established the groundwork for the Kurnool-III Pooling Station's Transmission System Strengthening project. A 765 KV double-circuit Kurnool-III Pooling Station-Chilakaluripeta line for transmission will be built ...Read More >
Mumbai, Mar 11 (PTI) Amid concerns over possible LPG shortage, the Indian Railway Catering and Tourism Corporation has directed catering units at railway stations in its western zone to shift to microwave and induction plates and maintain stocks of ready-to-eat food items for passengers. In a communication issued on March 10, IRCTC asked operators of food plazas, refreshment rooms and 'Jan Ahaars' to switch to alternative arrangements to maintain seamless catering services for travelling passengers. This advisory comes in the backdrop of the widening conflict in West Asia that may affect the ...Read More >
A nationwide shortage of LPG cylinders is affecting Indian Railway Catering and Tourism Corporation (IRCTC)'s catering operations, leading the railways to consider temporarily halting cooked meal services on trains and offering refunds to passengers who pre-booked meals with their tickets. IRCTC has directed its catering licensees to implement contingency plans to maintain uninterrupted food services for passengers. Railway officials said the LPG shortage is impacting IRCTC's base kitchens, whe ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
New Delhi, July 18 (SocialNews.XYZ) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said that despite global volatility, India accounted for 16 per cent of global growth in crude oil consumption and is projected to contribute 25 per cent of such growth over the next three decades. In his address at the plenary session of the All India Petroleum Dealers Association (AIPDA) conclave, the minister said that the Government has ensured affordable and uninterrupted energy supply to citizens, even during times of global uncertainty. Highlighting India's achievements in the biofuels ...Read More >
Durgapur (West Bengal) [India], July 19 (ANI): Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that over 10.33 crore women have been provided with free connections of Liquefied petroleum gas (LPG) under the Pradhan Mantri Ujjwala Yojana (PMUY). He stated that there were 14 crore LPG connections in 2014, and the number of connections has increased to 33 crore as of 2025. LPG Connection: Year 2014 - 14 crore and Year 2025 - 33 crore, Puri said while addressing the gathering here, adding, Under the guidance of PM Narendra Modi, the past 11 years have brought an LPG revolution t ...Read More >
New Delhi: Wholesale inflation in November this year was in a negative zone, down by 0.32 per cent due to falling prices of food articles, oils and electricity. However, the figure was still 0.71 per cent up as compared to the previous month, when the WPI recorded a sharp plunge registering at (-) 1.21 per cent in October and 2.16 per cent in November last year. This increase in November, however, is attributed to the month-on-month increase in the prices of pulses and vegetables, the government said on Monday. The industry ministry, however, said that in overall wholesale price index or WPI- ...Read More >
Congress president Mallikarjun Kharge has written to Rajya Sabha Chairman C P Radhakrishnan, urging an early short-duration discussion on India's energy security amid the Israel-Iran war. He cited the issue's national importance and referred to recent rises in domestic LPG cylinder prices and higher commercial gas rates as immediate concerns. Congress president Mallikarjun Kharge wrote to Rajya Sabha Chairman C P Radhakrishnan on Monday. Mallikarjun Kharge repeated a demand for an immediate shor ...Read More >
New Delhi [India], July 10 (ANI): Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel. When asked about buying Russian oil during a press interaction, Minister Puri explained that Russia produces over 9 million barrels per day and is one of the world's largest crude oil producers. If, out of global oil supplies of around 97 million barrels, 9 million barrels had suddenly vanished, the entire world woul ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Netcore Cloud Strengthens Global Leadership with Strategic Hires in Strategy, Sales, and Marketing Netcore Cloud Logo 3 min read Last Updated : Oct 23 2025 | 1:00 PM IST PRNewswire Mumbai (Maharashtra) [India], October 23: Netcore Cloud, a leading agentic marketing platform, today announced three strategic appointments to accelerate its international growth and strengthen its leadership in Agentic Marketing. The company has named Vassil Mladjov as SVP, Agentic AI and Strategy, Deepthi Nagara ...Read More >
Jaipur, Mar 11 (PTI) Disruption in the supply of commercial LPG cylinders amid the West Asia crisis has begun to hit businesses across Rajasthan, where hotels, restaurants, factories, wedding caterers and tourism establishments have started facing difficulties in running daily operations. Domestic and commercial gas customers were seen rushing to gas agencies to secure cylinders. There is no fresh booking of commercial cylinders, which has hit various industries. Industry representatives said the crisis has created uncertainty for sectors that depend heavily on liquified petroleum gas (LPG). ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >