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: The Delhi government has imposed a complete ban on the sale of cylinders directly from godowns to make the LPG distribution system more transparent and efficient. Oil Marketing Companies (OMCs) have issued instructions to all distributors, stating that any such sale is illegal and will attract action. At the same time, the government has significantly expanded the availability of 5-kg cylinders. They can be purchased easily from gas agencies by showing a valid ID, with no requirement for address verification. To further assist migrant workers, 11 dedicated help desks have been set up at select HPCL outlets, where people can get information about nearby LPG distributors. CM Rekha Gupta said the supply is being closely monitored to ensure there are no disruptions. Residents have been advised to avoid visiting gas agencies or storage points or gathering in crowds, as all booked cylinders are being delivered directly to homes within the stipulated time. According to data from April 4, a total of 114,679 LPG bookings were recorded in Delhi, while 131,335 cylinders were delivered by OMCs. Currently, the average delivery time for domestic LPG cylinders stands at 4.24 days, ensuring timely and reliable service for consumers.
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 >
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 >
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 >
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 >
Hyderabad: Ten individuals were arrested on Monday, March 30, for allegedly storing and selling 414 LPG cylinders worth Rs 21.88 lakh in Hyderabad's Banjara Hills. The seized items included 148 full 19-kg cylinders, 30 full 47-kg cylinders, 35 full 5-kg cylinders, as well as 192 empty 19-kg cylinders, and nine empty 5-kg cylinders. According to the police, the ten accused - Mohd Aamir, Mohd Yousuf, Mohd Ismail, A Rama Rao, Lok Kumar, Mohd Sakruddin, Mohd Muntaz Ansari, Mohd Minaj Ansari, Rajesh Pal, and Ram Raj Singh - sold Hindustan Petroleum (HP) cylinders at a higher price. Mohd Aamir fr ...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 >
Telangana Civil Supplies Minister N. Uttam Kumar Reddy wrote a letter to Union Minister for Petroleum and Natural Gas, N. Hardeep Singh Puri, with three requests to address the issues with shortage of Liquefied Natural Gas (LPG) shortage in Telangana. The issues, specifically faced by autos depended on LPG, is affecting livelihoods of the drivers and their families, and public transport too. 80% LPGs to autos supplied by private outlets Citing available data, Mr. Reddy said in the letter dated on Wednesday (March 30, 2026) that there are around one lakh autos in the State dependent on LPG. T ...Read More >
New Delhi [India], March 31 (ANI): Delhi Chief Minister Rekha Gupta on Tuesday dismissed claims regarding the 'Pink Saheli Card' not functioning, stating that certain political individuals are attempting to spread false rumours about its use. "Under political propaganda, a few political people are attempting to spread rumours on 'Pink Card' for the women of Delhi, that if you travel once on bus and tap it once and then get off the bus to take another, it cannot be tapped again. This is a lie. Your cards are working 100% fine. With 'Pink Card', the benefits of this travel are not going to any ...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 >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...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 >
Ara: To reduce dependence on LPG cylinders and ensure uninterrupted gas supply, Bhojpur district magistrate Tanai Sultania has directed PNG suppliers and concerned officials to accelerate the expansion of Piped Natural Gas (PNG) connections across the district.At a review meeting, the DM stressed the need to widen PNG coverage to stabilise gas availability, especially during peak demand. At present, the district has about 10,000 active PNG consumers, while nearly 15,000 households have completed registration and payment but are awaiting activation.The DM ordered fast activation of pending conn ...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 >
New Delhi, Apr 1 (PTI) Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi. State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices ...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: Oil companies on Tuesday slashed the price of commercial LPG cylinders by ₹58.5 with effect from July 1. A 19-kg commercial cylinder now costs ₹1,672 in Kochi and ₹1,693 in Thiruvananthapuram. This marks the fourth consecutive reduction in commercial LPG prices. Rates were earlier cut by ₹24 on June 1, ₹14.50 on May 1, and ₹41 on April 1--amounting to a total reduction of ₹138 since April. However, in a contrasting move, the price of aviation turbine fuel (ATF) was hiked sharply by ₹6,271.5 per kilolitre, or 7.5%, bringing the price in Delhi to ₹89,344.05 per kl. This reverses a t ...Read More >
Gangtok (Sikkim) [India], March 31 (ANI): Sikkim Chief Minister Prem Singh Tamang chaired a high-level review meeting at Samman Bhawan on Monday to assess the stock position and distribution of essential commodities across Sikkim, with a focus on ensuring their seamless and uninterrupted availability throughout the state. At the outset, the Secretary of the Food & Civil Supplies Department presented a comprehensive overview of the current LPG stock and the prevailing supply-demand dynamics, while also highlighting the importance of mindful, judicious, and sustainable use of resources. The Chi ...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 >
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 >
Hyderabad: Telangana Civil Supplies Minister Uttam Kumar Reddy has announced that he will write to Union Petroleum and Natural Gas Minister Hardeep Singh Puri, urging immediate intervention to resolve the ongoing LPG shortage affecting vehicles in the state. The minister stated that the crisis has primarily been caused by delays in the arrival of LPG cargo ships. To address the issue, he convened an emergency meeting on Monday at the Secretariat with major LPG suppliers. Civil Supplies Commissioner Stephen Ravindra, Hyderabad Collector Harichandana, and representatives from companies such as ...Read More >
A fake approval letter claiming to offer an LPG dealership from HPCL is misleading the public and should be disregarded as a scam. Recently, a fake approval letter has been circulating online, purportedly from Hindustan Petroleum Corporation Limited (HPCL), claiming to offer individuals an LPG agency dealership. This letter has raised concerns as it misleads recipients into believing they have received official approval for a dealership, potentially leading to financial scams. The claim made in the story is that a fake approval letter is being distributed online, falsely presenting itself as ...Read More >
NEW DELHI: India's two major private-sector refiners, which have long prioritised exports, are turning to local sales, grabbing share in the country's fast-growing $150 billion fuel retail market as weaker global demand squeezes profit margins offshore. Reliance Industries and Nayara Energy are stepping up sales at home as fuel demand growth slows in developed markets and China, the world's second biggest oil consumer, with the transition to electric vehicles. The lower demand offshore combined with supply competition from new refiners, such as Dangote in Nigeria, and rising exports from Chi ...Read More >