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NewsDrum - Business - News Image
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BusinessApr 07, 2026 07:40 PM

Govt doubles 5-kg LPG cylinder quota to ease supply concerns amid Hormuz tensions

New Delhi, Apr 7 (PTI) The government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers as part of a broader push to stabilise fuel supplies amid disruptions linked to tensions around the Strait of Hormuz. Unlike the subsidised 14.2-kg cylinders that are used in household kitchens for cooking, the 5-kg bottles are priced at market rates. A 5-kg cylinder costs Rs 549 in Delhi as against the Rs 913 price for a 14.2-kg domestic cylinder. The 5-kg cylinders are av ...Read More >

Abtak.com - Business - News Image
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32
BusinessApr 07, 2026 07:29 PM

Govt To Roll Out Rs 2.5 Lakh Crore Credit Guarantee Scheme Amid West Asia Crisis

Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 06:18 PM

GAIL signs long-term LNG carrier charter with Alpha Gas

New Delhi, Apr 7 (PTI) GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier Energy Fidelity, the state-run firm said on Tuesday. The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas, and was signed in Athens by senior officials from both companies, GAIL said in a statement. The vessel, with a capacity of 174,000 cubic metres, is equipped with advanced propulsion and fuel ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 06:18 PM

PFBR attaining criticality is step towards achieving energy security: Experts

Mumbai, Apr 7 (PTI) Experts in the nuclear field on Tuesday hailed India's Prototype Fast Breeder Reactor (PFBR) attaining criticality, terming it a crucial step towards achieving energy security, and noted that very few countries have mastered this technology. They also said that the next step should be to make the technology more "robust" and build more Fast Breeder Reactors. India's 500 MW PFBR successfully attained first criticality (start of controlled fission chain reaction) on April 6. ...Read More >

Asian News International (ANI) - Business - News Image
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23
BusinessApr 07, 2026 06:12 PM

Petroleum Ministry to double 5kg FTL cylinder supply for migrant labourers

New Delhi [India], April 7 (ANI): The Ministry of Petroleum & Natural Gas on Tuesday has directed state governments and union territories to double the daily supply of 5kg Free Trade LPG (FTL) cylinders available for migrant labourers. The directive comes after an assessment of average daily supply during March 2-3, 2026, exceeding the 20% limit previously set in a March 21, 2026, communication. In a letter to all Chief Secretaries, Neeraj Mittal, Secretary of the Ministry, emphasised that the ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 07, 2026 06:06 PM

No fuel shortage in Haryana, says Chief Secretary

Chandigarh, April 7 (SocialNews.XYZ) Haryana Chief Secretary Anurag Rastogi on Tuesday chaired a high-level meeting here to review the distribution of LPG cylinders, including 5 kg free trade LPG (FTL) cylinders, and the status of the piped natural gas (PNG) network in the state. At the virtual meeting, the Chief Secretary directed all Deputy Commissioners to ensure last-mile delivery of LPG cylinders, with special attention to rural areas. They were directed to closely monitor the distribution ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 07, 2026 05:45 PM

No dryout reported in LPG distributor ships, all petrol pumps operating normally: Govt

New Delhi [India], April 7 (ANI): Addressing the recent developments in the West Asia crisis, Sujata Sharma, Joint Secretary in the Ministry of Petroleum & Natural Gas, denied any shortage of LPG in India, asserting that no "dryout" has been reported at petrol pumps across the country. She further noted that 6,500 tonnes of commercial LPG were sold yesterday to meet the ongoing demand for the fuel. Speaking at the Inter-Ministerial briefing on recent developments in West Asia, the Joint Secreta ...Read More >

KalingaTV - Business - News Image
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BusinessApr 07, 2026 04:41 PM

Air India raises fuel surcharge amid jet fuel spike

New Delhi: The Air India group has announced revisions to its fuel surcharge structure across domestic and international routes amid a sharp rise in global jet fuel prices. In a statement, the airline said the decision comes as airlines worldwide face one of the toughest fuel cost environments in recent years. "Air India group today announced further revisions to its fuel surcharge structure across domestic and international routes," the airline said. The airline noted that global jet fuel pr ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 07, 2026 03:12 PM

Air India revises fuel surcharge amid jet fuel spike; CEO Campbell Wilson to step down

New Delhi [India], April 7 (ANI): The Air India group has announced revisions to its fuel surcharge structure across domestic and international routes amid a sharp rise in global jet fuel prices. In a statement, the airline said the decision comes as airlines worldwide face one of the toughest fuel cost environments in recent years. "Air India group today announced further revisions to its fuel surcharge structure across domestic and international routes," the airline said. The airline noted ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 02:34 PM

Migrant workers get priority as Gurugram expands mini LPG cylinder access

The district administration has "begun prioritising migrant workers and labourers without LPG connections, who have been hit by skewed supplies", by rolling out 5 kg mini cylinders through gas distribution agencies, officials said on Sunday. Officials said any valid Aadhaar holder can purchase one mini cylinder at a time, with no requirement of a prior LPG connection or proof of permanent residency. Migrants can purchase the 5kg cylinders directly using Aadhaar identification by paying around ...Read More >

mint - Business - News Image
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BusinessApr 07, 2026 11:41 AM

Govt plans ₹2.5 lakh cr credit guarantee scheme for businesses affected by West Asia crisis | Mint

New Delhi, Apr 7 (PTI) The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 11:40 AM

Govt plans Rs 2.5 lakh cr credit guarantee scheme for businesses affected by West Asia crisis

New Delhi, Apr 7 (PTI) The government is considering a Rs 2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to Rs 100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidi ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 10:33 AM

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >

Abtak.com - Politics - News Image
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PoliticsApr 07, 2026 09:33 AM

Indian Envoy Meets Bangladesh PM Tarique Rahman To Discuss Bilateral Ties

Indian High Commissioner to Bangladesh met Bangladesh PM in Dhaka. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Indian High Commissioner Pranay Verma met Bangladesh PM Tarique Rahman in Dhaka on April 6, 2026 * Bangladesh Foreign Minister Khalilur Rahman will visit India before attending the Indian Ocean Conference * Discussions focused on bilateral cooperation aligned with national development priorities of both countries Did our AI summary help? Let us know. Switch To Be ...Read More >

The Pioneer - Business - News Image
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BusinessApr 07, 2026 07:41 AM

India LPG Crisis 2026: Ethanol Emerges as a Domestic Cooking Fuel Alternative

India's ongoing Liquefied Petroleum Gas (LPG) crisis has exposed the vulnerability of the country's cooking fuel supply chain, prompting renewed calls for diversification and a stronger push toward domestic alternatives such as ethanol. The disruption stems largely from geopolitical tensions in West Asia, particularly the conflict involving Iran, which has slowed shipments passing through the strategically vital Strait of Hormuz. The narrow maritime corridor handles a major share of India's LPG ...Read More >

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BusinessApr 07, 2026 05:24 AM

India has enough fiscal space to push capex, support sectors impacted by West Asia crisis: FM

New Delhi, April 6: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the wind' ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 07, 2026 02:00 AM

Bhopal News: 70,000-75,000 Homes To Get PNG In City; Connections Targeted Within Three Months

Bhopal (Madhya Pradesh): The district administration has set a target to provide PNG gas connections to 70,000-75,000 households in Bhopal within three months. At present, there are over 25,000 domestic PNG connections in the district. The pipeline network has also been extended to several residential colonies covering around 42,000 households across district. These households are expected to receive connections over the next three months. The city gas distribution company said natural gas is ...Read More >

Abtak.com - Business - News Image
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24
BusinessApr 07, 2026 01:30 AM

2 LPG ships to arrive soon; 16 more Indian-flagged vessels wait across Hormuz

Nearly 1,800 Indian nationals have left Iran via Armenia and Azerbaijan since the start of the West Asia conflict, while two Indian-flagged carriers laden with 62,000 metric tonnes of LPG are expected to reach Indian ports this week after safely transiting the Strait of Hormuz, officials said on Monday. Indian nationals wishing to leave Iran have had to make their way to Armenia and Azerbaijan via land border crossings as Iranian airspace has been closed since the start of hostilities on Februa ...Read More >

Economic Times - Business - News Image
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BusinessApr 07, 2026 12:54 AM

India seeks 2.5 mt urea imports ahead of sowing season

New Delhi: India has issued a global tender for the import of 2.5 million tonnes of urea to bolster the reserves of the most-used soil nutrient ahead of the main planting season that begins in June. Indian Potash Ltd (IPL) issued the tender for bulk import of granular and prilled urea. It must be loaded onto a ship that must depart the export location before June 14, according to the tender issued on April 4. Urea imports in India are handled through a structured electronic bidding process run ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 06, 2026 11:42 PM

Maharashtra News: PNG Connections Cross 25 Lakh Mark, Fuel Supply Remains Stable Amid Global Tension...

Mumbai, April 6: Maharashtra has witnessed a steady expansion in piped natural gas (PNG) connectivity, with total connections reaching 25.36 lakh, including 73,000 new additions in the past month, senior officials said on Monday. Anil Diggikar, Additional Chief Secretary of the Food, Civil Supplies and Consumer Protection Department, said the state government's decision to grant "deemed permission" for City Gas Distribution (CGD) pipelines is expected to further accelerate network expansion. H ...Read More >

ODISHA BYTES - Business - News Image
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BusinessApr 06, 2026 10:22 PM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Uses Syngas To Counter Natural Gas, ...

New Delhi: Jindal Steel achieved a global first by establishing India's first coal gasification-based Direct Reduced Iron (DRI) plant, using syngas for iron-making. In response to shortages of natural gas, LPG and propane, Jindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces, marking the first such application in the steel industry. Jindal Steel has also injected syngas into its blast furnace, reducing dependence on imported coking coal and lowering car ...Read More >

ETV Bharat News - Business - News Image
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BusinessApr 06, 2026 08:03 PM

India Has Enough Fiscal Space To Push Capex, Support Sectors Impacted By West Asia crisis: FM

New Delhi: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for a further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said that it improves the counter-cyclical capacity, especially the ability to 'lean against the wind' in ec ...Read More >

NewsDrum - Business - News Image
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BusinessApr 06, 2026 07:15 PM

West Asia crisis: Maharashtra officials say no shortage of fuel, LPG supply stable

Mumbai, Apr 6 (PTI) The Maharashtra government on Monday said there is no shortage of petroleum products in the state amid the West Asia crisis and asked people to avoid panic buying. The state had faced challenges in LPG supply due to dependence on imports from Gulf countries, but the situation is now improving with calibrated policy measures by the Union government, Additional Chief Secretary (Food and Civil Supplies) Anil Diggikar asserted. Addressing a joint press briefing, he said, "Petro ...Read More >

NewsDrum - Business - News Image
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BusinessApr 06, 2026 07:01 PM

Gas supply to fertiliser plants raised to 90% of demand

New Delhi, Apr 6 (PTI) Natural gas supplies to fertilizer plants have been raised to about 90 per cent of their requirement after oil companies procured liquefied natural gas (LNG) from spot market as part of a broader set of measures to manage fuel availability amid disruptions linked to the Strait of Hormuz situation, officials said. With the war in West Asia disrupting energy flows from the Gulf nations, the government initially restricted gas supply to fertiliser (urea) plants to about 60 p ...Read More >

Ommcom News - Business - News Image
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BusinessApr 06, 2026 06:51 PM

Over 18 Crore LPG Cylinders Delivered Since March 1, Adequate Rice And Wheat Stocks Available: Govt ...

New Delhi: The Government on Monday said that over 18 crore domestic LPG cylinders have been successfully delivered to households since March 1, 2026, despite geopolitical tensions in west Asia. At a briefing held at the National Media Centre in the national capital, top government officials assured citizens of stable fuel and food supplies as there is adequate buffer stocks of rice and wheat are available to meet public demand. "Domestic LPG cylinder deliveries remain normal, with over 18 cro ...Read More >

NewsDrum - Business - News Image
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18
BusinessApr 06, 2026 05:38 PM

Government e-Marketplace facilitates orders worth Rs 5.03 lakh crore in 2025-26

New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >

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BusinessApr 06, 2026 05:12 PM

India's Jindal Steel lifts syngas use on propane crunch

Mumbai, 6 April (Argus) -- Indian producer Jindal Steel has started using synthesis gas (syngas) at its galvanizing and colour coating units to offset natural gas and propane shortages, the company said today. Jindal was previously using syngas to produce direct-reduced iron (DRI), but has now extended its use to downstream operations, a spokesperson told Argus. The shift comes in response to shortages of natural gas and propane stemming from the US-Iran war, which has hampered India's coated ...Read More >

The Assam Tribune - Politics - News Image
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PoliticsApr 06, 2026 04:23 PM

India reaches out to Bangladesh PM, offers 'forward-looking' reset in ties

Dhaka, Apr 6: India is willing to rebuild ties with Bangladesh with a "forward-looking approach", Indian High Commissioner Pranay Verma conveyed to Prime Minister Tarique Rahman on Monday. The meeting came as India and Bangladesh are making efforts to rebuild bilateral ties after Rahman became Prime Minister following his Bangladesh Nationalist Party (BNP)'s victory in the February parliamentary polls. During the meeting, Verma and Rahman "discussed bilateral engagement with a focus on people- ...Read More >

Daily Mirror - Politics - News Image
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PoliticsApr 06, 2026 03:58 PM

India's 'largest-ever trade delegation' to visit Canada next month, talks to be fast-tracked -- Piyu...

MSN - New Delhi: India and Canada are set to reconvene the Joint Commission on Trade in the north American nation at the end of May, or early June, as the two countries look to step up their trade partnership and finalise a free trade agreement before the end of this calendar year. "With Canada, we have broadly zeroed in at the end of May, or some time in June will be having a joint commission to expand trade in Canada," Commerce and Industry Minister Piyush Goyal told a press briefing Thursday ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 06, 2026 02:06 PM

Epstein Links: Delhi HC Rejects Plea Against Hardeep Singh Puri's Daughter

New Delhi: The Delhi High Court on Monday rejected an activist's appeal against an order directing him to take down social media content linking Union minister Hardeep Singh Puri's daughter to convicted American sex offender Jeffrey Epstein. It asked him to air his grievances before the single judge who had passed the order.A bench of Justices Vivek Chaudhary and Renu Bhatnagar told the single judge to finally decide the issue of whether to continue or vacate its interim order as expeditiously a ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.