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.
Cuttack: The district administration conducted a series of coordinated raids across Cuttack on Wednesday, seizing as many as 102 domestic LPG cylinders from hotels, roadside eateries and other commercial establishments.Collector Dattatraya Bhausaheb Shinde said, "Ten simultaneous raids were carried out in different parts of the district by joint teams comprising officials from the district administration, supply department and police. The raids were aimed at curbing the diversion of subsidised domestic LPG cylinders for commercial purposes, which is a violation of Liquefied Petroleum Gas (Regulation of Supply and Distribution) Order."During inspection, teams found several hotels and food outlets using domestic cylinders instead of commercial ones, leading to seizure of cylinders on the spot. Officials also initiated legal proceedings against the erring establishments under relevant provisions of the Essential Commodities Act.Shinde said, "The drive was part of an ongoing effort to prevent misuse of subsidised LPG meant for household consumers. The administration has received repeated complaints regarding the illegal diversion of domestic LPG cylinders for commercial activities. Such practices not only deprive genuine household consumers of their rightful supply but also pose serious safety hazards."He added: "We have seized a 102 domestic LPG cylinders from hotels, roadside eateries and several commercial establishments. Strict action will be taken against violators. Regular inspections and surprise raids will continue in the coming days to ensure compliance and to safeguard public interest."Officials urged citizens to report any such misuse of domestic LPG cylinders to the local supply office so that timely action can be taken.
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 >
In a major crackdown, the Commissioner's Task Force (Jubilee Hills Zone), along with Banjara Hills police, arrested 10 persons for illegally stocking and selling LPG cylinders at inflated prices. Acting on credible information, the police raided a location near a graveyard at Nagarjuna X Road in Banjara Hills on Sunday. The accused were caught red-handed allegedly dumping cylinders and selling them at higher rates. During the operation, officials seized a total of 414 gas cylinders of various c ...Read More >
India hikes commercial LPG prices again. 19 kg cylinders now cost over ₹2,000 in Delhi and Mumbai and over ₹2,200 in Kolkata and Chennai. Domestic LPG rates stay unchanged.Commercial LPG cylinder prices were hiked sharply across metros on April 1, with state-run oil marketing companies raising rates by up to ₹218 per 19-kg cylinder, marking the second increase in a month. In Delhi, the price of a 19-kg commercial LPG cylinder has risen by ₹195.50 to ₹2,078.50, while in Kolkata it has gone up by ₹218 to ₹2,208.00. Prices in Mumbai and Chennai now stand at ₹2,031.00 and ₹2,246.50, respectively ...Read More >
Vijayawada: NTR district joint collector S Ilakkiya clarified that there is no shortage of LPG in the district and appealed to the public not to panic. She informed that a special officer has been appointed for each gas agency to ensure effective monitoring of supply and demand. She spoke at a media conference held at the collectorate here on Tuesday. She said the district currently has 8,63,778 LPG connections under three major oil companies. She said a total of 56 gas agencies are operating in the district, including 18 HPCL, 12 BPCL, and 26 IOCL agencies. She pointed out that on March 30 a ...Read More >
New Delhi, April 1 (SocialNews.XYZ) India's crude inventory is adequate, and all necessary arrangements have been made to ensure sufficient crude supply for the next two months, the government said on Wednesday. Petroleum and Natural Gas Ministry's Joint Secretary, Marketing and Refinery, Sujata Sharma, said all refineries are operating at optimal capacity, and no instances of fuel shortages have been reported at retail outlets. "I would also like to highlight that about two months ago, Brent crude was trading in the range of around $70 per barrel, whereas today, it has crossed $100 per barr ...Read More >
Sanand (Gujarat) [India], April 1 (ANI): Industrial production in Gujarat's Sanand GIDC has declined following an increase in commercial LPG cylinder prices, with units reporting disruptions due to fuel shortages, an industry representative said. Ajit Shah, President of Sanand GIDC, said, "There has been a decline in production. For instance, if my production output today stands at 100 units, it has now dropped to around 80 units." Also Read | CBSE Rolls Out Curriculum on Computational Thinking, AI for Classes 3-8 From 2026-27 Academic Session. He attributed the slowdown to supply issues af ...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 >
New Delhi, March 30: All refineries are operating at high capacity with adequate crude inventories, and sufficient stocks of petrol and diesel are being maintained while domestic LPG production from refineries has been increased to support local consumption, the Ministry of Petroleum and Natural Gas said on Monday. Although LPG supply continues to be affected due to the prevailing geopolitical situation, no dry-outs have been reported at LPG distributorships. Most LPG distributorships also operated on Sunday to ensure uninterrupted delivery to households, a ministry statement said. All petrol ...Read More >
Delhi power minister Ashish Sood on Monday directed officials to accelerate the expansion of piped natural gas (PNG) connections in the national capital and conduct an intensive door-to-door campaign to encourage residents to adopt PNG, amid the West Asia crisis. Sood said directions were issued to expand PNG coverage across the city in the next quarter. He chaired a high-level meeting to review PNG expansion in Delhi. Senior officials from IGL, the Urban Development Department, the Municipal C ...Read More >
Vijayawada: Civil supplies minister Nadendla Manohar on Tuesday assured that there is no shortage of petrol, diesel or cooking gas in the state, urging people not to panic or believe rumours about supply disruptions. Addressing a press conference at the civil supplies state office in Kanuru here, the minister said the coalition government has ensured uninterrupted availability of essential fuels across the state. He noted that misinformation circulating on social media had triggered a sudden surge of nearly five lakh LPG bookings, leading to a temporary backlog. However, he clarified that sup ...Read More >
New Delhi, April 1: PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital. XP100 petrol is now priced at Rs 160 per litre, up from Rs 149 earlier. The high-octane fuel is primarily used in luxury vehicles and high-performance motorcycles to enhance engine efficiency. Similarly, the company has raised the price of Xtra Green diesel (premium diesel), which now costs Rs 92.99 per litre in Delhi, compared to Rs 91.49 previously. However, there has been no change in regular petrol and diesel prices, which remained stable across m ...Read More >
New Delhi, Apr 1 (PTI) ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil prices. Aviation turbine fuel (ATF) price was increased by 8.5 per to Rs 104,927.18 per kl for domestic airlines, according to state-owned oil firms. ATF price for domestic airlines in Delhi was hiked by Rs 8,289.04 per kilolitre, or 8.56 per cent, to Rs 104,927.18 per kl, according to state-owned oil fi ...Read More >
NEW DELHI, 1 Apr: The Congress on Wednesday launched a scathing attack on the government over the rise in prices of certain essential commodities, alleging that the Modi government has completely "destroyed" the country's strategic and economic policies. Congress president Mallikarjun Kharge said while the common citizens are hoping for relief, the BJP leadership remains entirely focused on "looting the public and plundering the nation amidst this crisis." In a post in Hindi on X, Kharge said, "The Modi government has completely dismantled the country's strategic and economic policies - a di ...Read More >
NEW DELHI: The Delhi Police has arrested a 61-year-old man and busted an illegal LPG refilling racket in southwest Delhi's Dabri area, seizing 17 cylinders, officials said on Wednesday. Acting on a tip-off, a team of the crime branch on Tuesday conducted a raid in the Seetapuri locality, where the accused, Mohan Lal Garg, was found running an unauthorised LPG refilling operation from his shop, they said. During the raid, police recovered 17 domestic LPG cylinders of different companies, including Indane, Bharat Petroleum and Hindustan Petroleum, a senior police officer said. According to the ...Read More >
New Delhi: Six people, including a three-year-old child, were injured in five separate fire incidents reported across the city on Thursday.According to Delhi Fire Services (DFS), a fire was reported on Pankha Road in west Delhi's Janakpuri around 5.30am, in which two buses and a car were gutted. Two fire tenders were sent to the site. No casualties were reported. At 9.35am, a fire broke out in a house in southeast Delhi's New Friends Colony. According to police, a resident called workers to clean a sofa set in her home when a fire broke out. "It appears the thinner caught fire during the clean ...Read More >
New Delhi | July 1, 2025 -- In a welcome move for commercial establishments, oil marketing companies have slashed the price of 19 kg commercial LPG cylinders by ₹58.50, effective July 1. This brings the price in Delhi down to ₹1,665, compared to ₹1,723.50 in June. Also Read: Delhi Scraps Police Licensing for Hotels, Pools, and Discotheques in Major Business Reform However, the 14.2 kg domestic LPG cylinder price remains unchanged, leaving household budgets under continued pressure despite repeated calls for relief. This marks the fourth price cut since March 2025, when commercial LPG saw a ...Read More >
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. Also Read | Bhopal Shocker: ...Read More >
Bengaluru: As the ongoing Gulf War entered its 30th day, its ripple effects have begun to impact daily life in Karnataka, with a severe shortage of LPG cylinders disrupting households, hotels, and industries across Bengaluru and other regions. The shortage of commercial LPG cylinders has particularly hit hotels, restaurants, and small food businesses, many of which have been forced to scale down operations or temporarily shut. Residents have been seen queuing up outside gas agencies with empty cylinders, struggling to secure supplies amid the ongoing crisis. Addressing a press conference at ...Read More >
Hyderabad: Amid the continuing crunch in supply of both commercial and domestic LPG cylinders, with the authorities sweeping dirt under the carpet, black-marketing of both commercial and domestic gas cylinders is thriving in the city's underground market like there is no tomorrow. The black market price of 19-kg commercial LPG cylinders has surged, with prices going up to Rs 7,000, while that of 14-kg domestic cylinders has spiked to Rs 5,000 or more. These cylinders are being sold illegally by third parties, presumably in cahoots with dealers and facilitated by social media channels. Of cou ...Read More >
New Delhi: With the government's push for greater adoption of piped natural gas or PNG, the oil ministry on Tuesday said that India added more than 3.1 lakh new PNG connections in March and another 2.7 lakh connections were issued, aiming to expand the base of cleaner fuel networks due to supply disruptions following the closure of the Strait of Hormuz. The move of the government aims to meet the demand of the cooking gas for households as well as commercial set-ups amid the disruption of LPG supplies in the country amid the West Asia war. The PNG, the government said, is considered more conv ...Read More >
On Thursday, 51 complaints were received at the control room, all of which were addressed promptly, officials said. The helpline, set up at the Mini Secretariat to tackle complaints related to LPG shortages and black marketing, began operations on Wednesday. The initiative is part of a broader effort to streamline supply and ensure transparency in distribution. District food and supplies controller (DFSC) Ashok Rawat said the majority of complaints were related to LPG refills. For public conve ...Read More >
New Delhi: Bringing the much needed relief to the common man, Oil marketing companies have revised the prices of commercial LPG gas cylinders effective from 1 July 2025. The rate of a 19 kg commercial LPG gas cylinder has been reduced by Rs Rs 58.5 effective today. In Delhi, the retail sale price of a 19 kg commercial LPG cylinder is Rs 1,665 from today. However, the prices of domestic LPG cylinders will remain unchanged. Domestic cooking gas prices vary from state to state due to local taxes, and the last revision in domestic cylinder prices occurred on March 1 last year. It is important t ...Read More >
SHILLONG, March 30: Meghalaya is facing a shortage of commercial LPG, but domestic supply remains stable, the Director of Food, Civil Supplies, and Consumer Affairs, Saloni Verma, said on Monday. Speaking to reporters, Verma acknowledged the constraints in commercial LPG availability and urged consumers to report any cases of overcharging with specific details. She said that such complaints would be promptly investigated and acted upon. She clarified that the Pradhan Mantri Ujjwala Yojana has not been affected by the current situation, adding that the scheme has played a key role in expandin ...Read More >
New Delhi: India added more than 3.1 lakh new piped natural gas (PNG) connections in March and another 2.7 lakh connections were issued as the government accelerated expansion of cleaner fuel networks amid supply disruptions following the closure of the Strait of Hormuz. With the war in West Asia disrupting cooking gas LPG supplies, the government has been pushing for greater adoption of piped natural gas - considered more convenient than LPG cylinders for everyday use as gas is delivered through a pipeline directly to home without the botheration of booking refills. Also Read: 6,000 PNG use ...Read More >
New Delhi [India], April 1 (ANI): The prices of LPG cylinders have been revised upward with effect from April 1, with commercial and smaller cylinders witnessing a significant increase across key cities. In Delhi, the price of a 19 kg commercial LPG cylinder has been increased to Rs 2,078.50, marking a rise of Rs 195.50. Meanwhile, the 5 kg FTL cylinder is now priced at Rs 549 per refill, reflecting an increase of Rs 51, sources said. In Kolkata, the price of a 19 kg commercial LPG cylinder has gone up by Rs 218, indicating a broader trend of rising fuel costs across urban centres. Meanwhil ...Read More >
New Delhi [India], April 1 (ANI): In a move aimed at protecting domestic air travel from a sharp global fuel shock, the government has limited the increase in Aviation Turbine Fuel (ATF) prices for domestic airlines to 25%, even as international benchmarks indicated a potential surge of over 100%. The Ministry of Petroleum and Natural Gas said the decision comes in response to an "extraordinary situation in global energy markets," triggered by the closure of the Strait of Hormuz. To prevent a steep rise in airfares, public sector oil marketing companies, in consultation with the Ministry of C ...Read More >
New Delhi, April 1 (SocialNews.XYZ) More than 3.9 lakh 5 kg FTL (free trade LPG) cylinders have been sold since March 23, and over 65,000 5 kg FTL cylinders were sold yesterday, the government said on Wednesday. Supply of LPG continues to be affected due to the prevailing geopolitical situation, but there has been no increase in price for domestic LPG consumers, said the government during the inter-ministerial briefing. "No dry-out has been reported at LPG distributorships. Online LPG bookings have increased to 92 per cent. Delivery Authentication Code (DAC) based deliveries have increased f ...Read More >
COIMBATORE: A sudden increase in the price of 5 kg LPG cylinders has left many bachelors and migrant workers across Coimbatore district struggling to manage their daily expenses. Gas agencies and dealers have raised the price of the small cylinder by Rs 51, with effect from April 1. The 5 kg cylinders, widely preferred for their affordability and ease of access, are commonly used by individuals who do not possess the documentation required for regular domestic LPG connections. For many living in rented accommodations or temporary housing, these cylinders serve as a crucial and convenient cook ...Read More >
Bhubaneswar: In a significant move to address the ongoing cooking gas challenges, Food Supplies and Consumer Welfare Minister Krushna Chandra Patra has announced that piped natural gas (PNG) connections will be made for all household consumers in big towns of Odisha. The minister stated that every household in the state's urban areas will be connected to PNG, replacing the use of LPG cylinders, which are reportedly 13% more expensive than PNG. This initiative aims to provide a more reliable, cost-effective, and convenient cooking gas supply while reducing dependency on cylinders. "The Centre ...Read More >
ANANTAPUR: A woman allegedly attempted suicide at Tondapadu village in Gooty mandal on Monday following a dispute with her husband over a cooking gas cylinder. According to sources, the woman, wife of Harikrishna, had been facing difficulties, as the LPG cylinder at their house had remained empty for the past three months. Due to financial constraints, her husband was reportedly unable to refill the cylinder, forcing the family to rely on firewood for cooking. Tension prevailed in the household as the woman had been urging her husband to arrange for a new cylinder. A minor quarrel broke out ...Read More >