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Asian News International (ANI) - Business - News Image
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BusinessApr 03, 2026 03:30 PM

Industry hails Centre's move to exempt critical petrochemicals from customs duty amid West Asia conf...

New Delhi [India], April 3 (ANI): Industry leaders and experts have welcomed the Centre's decision to grant a full customs duty exemption on critical petrochemical products in response to the ongoing conflict in West Asia. The move, aimed at stabilising supply chains and reducing cost pressures on downstream sectors, is seen as a strategic intervention to protect domestic manufacturing. According to experts, the temporary exemption, effective until June 30, 2026, provides essential relief to i ...Read More >

LatestLY - Business - News Image
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BusinessApr 03, 2026 02:46 PM

Business News | Govt Moves to Boost Induction Heater Production Amid West Asia Tensions | LatestLY

New Delhi [India], April 3 (ANI): With energy prices climbing sharply amid escalating hostilities in West Asia, the Central Government has begun mobilising domestic industrial capacity to ramp up production of induction heaters, a key alternative to conventional gas-based cooking and heating appliances. Also Read | RBI Assistant Admit Card 2026 Released at rbi.org.in, Here's How To Download. The Department for Promotion of Industry and Internal Trade (DPIIT) convened a high-level inter-ministe ...Read More >

Economic Times - Business - News Image
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BusinessApr 03, 2026 02:01 PM

West Asia crisis: Govt discusses ways to scale up production of induction heater

New Delhi: The government on Friday held discussions on measures to encourage companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official said. The crisis has disrupted the movement of ships carrying oil and gas through the Strait of Hormuz, raising concerns over cooking gas supplies and prompting people to rush to buy induction heaters and compatible utensils ...Read More >

NewsDrum - Business - News Image
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BusinessApr 03, 2026 01:40 PM

West Asia crisis: Govt discusses ways to scale up production of induction heater

New Delhi, Apr 3 (PTI) The government on Friday held discussions on measures to encourage companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official said. The crisis has disrupted the movement of ships carrying oil and gas through the Strait of Hormuz, raising concerns over cooking gas supplies and prompting people to rush to buy induction heaters and compati ...Read More >

The New Indian Express - Business - News Image
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BusinessApr 03, 2026 09:52 AM

Odisha govt sets three-month target for piped natural gas rollout in ULBs

BHUBANESWAR: In a bid to offset the aggravating impact of the West Asia conflict on cooking gas availability, the state government has set a three-month target to expand piped natural gas (PNG) connections across major cities and towns. The initiative of the state government in collaboration with leading oil and gas companies aims to address the challenges in LPG distribution, which have become acutely visible in present times and provide more viable alternatives with uninterrupted supply. The ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 03, 2026 09:09 AM

Only 17 states conduct LPG briefings; Centre urges remaining states to curb rumours and prevent pani...

New Delhi [India], April 3 (ANI): The Central Government has raised concerns over the persistence of rumours regarding LPG availability, noting that only 17 states are currently conducting regular press briefings to mitigate public anxiety. In a formal letter to all State and Union Territory Chief Secretaries, the Ministry of Petroleum & Natural Gas (MoPNG) has urged local administrations to intensify their communication strategies to prevent panic buying and hoarding across the country. "It i ...Read More >

The Hans India - Business - News Image
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BusinessApr 03, 2026 08:25 AM

Odisha to speed up PNG rollout

Bhubaneswar: The Odisha government on Thursday decided to expedite transitioning to Piped Natural Gas (PNG) for urban households while also focusing on implementing strict digital safeguards against irregularities in LPG supply. The decision was taken at a high-level meeting that was attended by Food Supplies and Consumer Welfare Minister Krushna Chandra Patra, Housing and Urban Development Minister Krushna Chandra Mahapatra and senior officials of major oil and gas corporations. Notably, the m ...Read More >

India Today - Politics - News Image
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PoliticsApr 03, 2026 07:22 AM

40-day wait for LPG cylinder to 2-day delivery: A reality check across 12 states

New Delhi's Karol Bagh-based Akshay Dubey (name changed on request) had got his LPG cylinder refilled just before the Middle East war began on February 28. But as LPG supplies tightened and queues outside gas agencies grew longer, Dubey was reassured that he had 14 kg of cooking gas in reserve. But the reassurance vanished a few weeks later when he received news that his grandfather had died. Along with the grief came another worry. Thirteen days later, on April 10, his family is expected to hos ...Read More >

Abtak.com - Business - News Image
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BusinessApr 03, 2026 05:34 AM

Rajnath chairs IGoM meeting, emphasises constant vigil to ease West Asia war effect

Defence Minister Rajnath Singh Thursday chaired the second meeting of the Informal Group of Ministers (IGoM), which took stock of a range of issues, including LPG supplies, aviation turbine fuel price hike, and customs duty exemption on 40 critical petrochemical products till June this year. The meeting was attended by Cabinet ministers Nirmala Sitharaman (Finance), Hardeep Singh Puri (Petroleum), Manohar Lal (Power), Jagat Prakash Nadda (Chemical & Fertilisers), S Jaishankar (External Affairs) ...Read More >

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BusinessApr 03, 2026 05:32 AM

Anand Sharma praises India's West Asia diplomacy

New Delhi, April 2: Senior Congress leader Anand Sharma on Thursday hailed India's diplomatic handling of the West Asia crisis as "mature and skilful", saying it has helped the country avoid "potential minefields". He also urged India to take the lead in mobilising the Global South and strategic-partner countries to collectively work towards the restoration of peace and order in the region. Lauding the efforts taken so far by New Delhi, Sharma said, "Indian diplomatic handling of the crisis ha ...Read More >

Hindustan Times - Politics Business - News Image
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PoliticsBusinessApr 03, 2026 05:29 AM

Working to reduce dependence on LPG imports: Govt

New Delhi: The government is taking several measures to reduce LPG import dependence and enhance energy security over the medium to long term, minister of state for environment Suresh Gopi informed the Lok Sabha on Thursday in a written response. These include prioritising piped natural gas (PNG) and renewable energy development, including solar, wind, bioenergy and green hydrogen. Further, as part of a strategy to diversify LPG imports, PSU oil marketing companies have recently concluded cont ...Read More >

Abtak.com - Business - News Image
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BusinessApr 03, 2026 03:34 AM

Govt okays PDS kerosene allocation to states, UTs amid energy crisis

All refineries are operating at high capacity, with adequate crude inventories in place | Image: Canva/Free The Central Government authorised on Sunday to make an ad hoc allocation of Public Distribution System (PDS) Superior Kerosene Oil (SKO) to the States and Union Territories (UTs) for distribution to households for cooking and lighting purposes, citing the ongoing West Asia conflict's disruption of energy supplies. The allocation includes the 21 states and UTs which are PDS SKO free. Ear ...Read More >

Abtak.com - Business - News Image
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BusinessApr 02, 2026 11:34 PM

Rajnath Singh chairs second IGoM meet, hails 25% monthly cap on aviation fuel hike amid Gulf tension

The first meeting was held on March 28, when Singh had asked officials to closely monitor the situation and ensure coordinated action while planning for long-term stability. Union Defence Minister Rajnath Singh on Thursday chaired the second meeting of the Informal Group of Ministers (IGoM) in New Delhi, where members reviewed the government's response to the ongoing West Asia conflict. The meeting was attended by key Union ministers, including Finance and Corporate Affairs Minister Nirmala Sit ...Read More >

The Times of India - Business - News Image
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BusinessApr 02, 2026 11:33 PM

PNG to re-define cooking in urban kitchens: Minister

Bhubaneswar: In a major shift in the state's cooking gas landscape, food supplies and consumer welfare minister Krushna Chandra Patra on Thursday announced that piped natural gas (PNG) connections will be extended to all household consumers across urban clusters in the state, effectively replacing LPG cylinders for city residents.The announcement came after the minister held a high-level meeting with representatives of oil marketing companies (OMCs) to review the rollout plan and address concern ...Read More >

The Times of India - Business - News Image
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BusinessApr 02, 2026 11:33 PM

Amid LPG shortage, food prices shoot up in hotels | Bhubaneswar News - The Times of India

Puri: Shortage of cooking gas in Puri has started affecting the Puri's tourism sector, with restaurants reducing items on the menu and increasing food prices by 30% to 40%. The situation has lead to a 10% to 20% decline in tourist arrivals, particularly among middle-class and budget travellers.Several food items requiring higher gas consumption have been removed from menus. While tourists from financially stronger backgrounds remain largely unaffected, the number of visitors from middle and lowe ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 02, 2026 11:19 PM

Round-the-clock monitoring, calibrated response must for India: Rajnath Singh

New Delhi, April 2 (SocialNews.XYZ) Round-the-clock monitoring and calibrated response must for India to stay prepared and deal with any eventuality amid the evolving West Asia crisis, Defence Minister Rajnath Singh said on Thursday. The second meeting of the Informal Group of Ministers (IGoM), set-up to monitor the evolving situation in West Asia and suggest proactive measures for its minimum impact on India, was held under the chairmanship of Rajnath Singh here. The meeting deliberated upon ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 02, 2026 11:18 PM

Rajnath Singh calls for round-the-clock monitoring as IGoM reviews developments on West Asia crisis

New Delhi [India], April 2 (ANI): The second meeting of the Informal Group of Ministers (IGoM), set up to monitor the evolving situation in West Asia and suggest proactive measures for its minimum impact on India, was held under the chairmanship of Defence Minister Rajnath Singh at Kartavya Bhawan-2, New Delhi, on Thursday. According to a press release, the IGoM deliberated upon the recent developments at length, and the next steps to be taken by the Government to mitigate any adverse impact ar ...Read More >

The Rahnuma Daily - Business - News Image
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BusinessApr 02, 2026 11:16 PM

Odisha govt reviews fuel supply; focus on PNG expansion and transparency​ - The Rahnuma Daily

Bhubaneswar, April 2 (IANS) The Odisha government on Thursday held discussions with senior representatives from major oil and gas corporations to streamline the supply of LPG and other petroleum products across the state. The high-level review meeting was held under the joint chairmanship of the Minister of Food Supplies & Consumer Welfare, Krushna Chandra Patra, and the Minister of Housing & Urban Development, Krushna Chandra Mahapatra here. The meeting, attended by Principal Secretar ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 02, 2026 11:07 PM

"There is no shortage of LPG": Congress' Kamal Nath breaks away from party line

Chhindwara (Madhya Pradesh) [India], April 2 (ANI): Even as the Congress party continues to attack the Central government over reported LPG shortage, Congress leader Kamal Nath on Thursday broke away from the party line, saying that there is "no shortage of LPG" anywhere in the country, and alleged that "an atmosphere has been created" regarding the issue. "There is no such shortage. An atmosphere has been created that there is a shortage," the Congress leader said in MP's Chhindwara while atte ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 02, 2026 10:56 PM

OMCs Incurring Losses Due to West Asia Conflict

New Delhi: The government on Thursday admitted that oil marketing companies (OMCs) in the country are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West Asia conflict, even as retail fuel prices remain unchanged. "Oil marketing firms are facing under-recoveries of about Rs 24 per litre on petrol and Rs 104 per litre on diesel. The government has reduced excise duty to keep prices stable, and part of the burden is also being borne by our o ...Read More >

Rising Kashmir - Business - News Image
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BusinessApr 02, 2026 10:38 PM

Defence Minister reviews West Asia Crisis in strategic meet

New Delhi, Apr 2 : Defence Minister Rajnath Singh on Thursday chaired the second meeting of the Informal Group of Ministers (IGoM) to review the evolving situation in West Asia, stressing the need for round-the-clock monitoring and a calibrated response to minimise its impact on India. The meeting, held at Kartavya Bhawan in the national capital, was attended by key ministers including Nirmala Sitharaman, S Jaishankar, Hardeep Singh Puri, Jagat Prakash Nadda, Manohar Lal Khattar, Prahlad Joshi, ...Read More >

NewsDrum - Politics - News Image
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PoliticsApr 02, 2026 09:56 PM

Unusual extension of Budget session that saw passage of key bills despite Oppn uproar

New Delhi, Apr 2 (PTI) The second half of the Budget session of Parliament that saw the passage of some key legislations despite opposition uproar got an unusual extension with the government reconvening both the houses on April 16. Lok Sabha and Rajya Sabha were adjourned Thursday and will again meet on April 16 for three days for taking up key legislations to implement women's reservation by increasing Lok Sabha seats from the current 543 to 816. The second half of the budget session that st ...Read More >

Asian News International (ANI) - Politics Business - News Image
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PoliticsBusinessApr 02, 2026 09:14 PM

"Opposition has spread confusion": JDU MP Sanjay Kumar Jha on energy crisis

New Delhi [India], April 2 (ANI): Janata Dal United MP Sanjay Kumar Jha on Thursday said that the government is keeping "watch and control" over LPG and accused the opposition of "spreading confusion" Speaking with the media, Jha said, "From day one, the Prime Minister has been saying--what was told in the all-party meeting and what we are also seeing on the ground--that the government is keeping watch and control over LPG and petrol-diesel. The government has repeatedly stated that there is no ...Read More >

NewsDrum - Business - News Image
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BusinessApr 02, 2026 08:27 PM

Odisha government to expedite transition to piped natural gas for urban households

Bhubaneswar, Apr 2 (PTI) The Odisha government on Thursday decided to expedite transitioning to piped natural gas for urban households while also focusing on implementing strict digital safeguards against irregularities in LPG supply. The decision was taken at a high-level meeting that was attended by Food Supplies and Consumer Welfare Minister KC Patra, Housing and Urban Development Minister Krushna Chandra Mahapatra and senior officials of major oil and gas corporations. Notably, the meeting ...Read More >

@businessline - Business - News Image
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BusinessApr 02, 2026 07:22 PM

West Asia conflict erodes Qatar's share in India's LNG imports to record low in March

India's import of liquefied natural gas (LNG) from its largest supplier -- Qatar -- declined to its lowest on record in March 2026 as the West Asia conflict led to the closure of the Strait of Hormuz (SoH). Besides, Iran's attack on QatarEnergy's LNG facilities, in retaliation for attacks by the US and Israel, led to declaration of force majeure and production shutdowns early last month, further exacerbating India's natural gas imports, which account for roughly half of its consumption. India' ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 02, 2026 07:20 PM

Critical Petrochemical Products Exempted From Import Duty

New Delhi: The Centre on Thursday exempted import of critical petrochemical products from customs duty for three months till June 30. The government, however, aims to give a huge relief to sectors such as pharmaceuticals, chemicals and textiles, among others, and ensure supply stability amid the ongoing West Asia crisis. Crucial chemicals like ammonium nitrate, methanol, and PVC for three months have been waived from import duty, starting April 2. As part of the emergency measure of the governm ...Read More >

LatestLY - Business - News Image
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BusinessApr 02, 2026 06:39 PM

Business News | Over 3.33 Lakh PNG Connections Added in a Month as Govt Pushes Shift from LPG Amid W...

New Delhi [India], April 2 (ANI): The Government is pushing the expansion of Piped Natural Gas (PNG) connections to reduce pressure on Liquified Petrolum Gas (LPG) supplies amid the ongoing crisis in West Asia, the Ministry of Petroleum and Natural Gas said on Thursday. Addressing an Inter-Ministerial Briefing on Recent Developments in West Asia, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said the government has taken several steps to promote PNG connections ac ...Read More >

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BusinessApr 02, 2026 06:35 PM

India secures crude oil supplies for next 60 days amid global volatility : Govt

New Delhi, Apr 2 (UNI) India has secured crude oil supplies for the next 60 days and maintains adequate inventory levels, with refineries operating at maximum capacity, the government said on Thursday, underlining that there is no shortage of key inputs and no increase in domestic fuel prices despite global volatility. Addressing a media briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said crude availability remains stable and sulphur supplies are sufficie ...Read More >

Abtak.com - Business - News Image
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BusinessApr 02, 2026 05:34 PM

'Switch to piped gas or lose LPG': Minister Chhagan Bhujbal sets June 30 deadline in Maharashtra

Maharashtra's Food and Civil Supplies minister Chhagan Bhujbal Monday asked consumers in areas with piped gas availability to start applying for the service, warning that their LPG connection can be discontinued if they do not. The minister's advisory comes amid the ongoing LPG cylinder crisis due to the West Asia conflict. "In the coming three months, domestic and commercial consumers should make their applications for the pipeline gas. I want to direct our officers to expedite these applicat ...Read More >

KalingaTV - Business - News Image
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BusinessApr 02, 2026 05:29 PM

LPG connections in Odisha Cities to be replaced with PNG within one month!

Bhubaneswar: The Liquefied Petroleum Gas (LPG) connections in Odisha Cities will be replaced with Piped Natural Gas (PNG) within one month, informed Food Supplies & Consumer Welfare Minister Krushna Chandra Patra today. Patra informed about the development after chairing an important meeting of the representatives of oil companies and the Secretary of the Department in the presence of Krushna Chandra Mahapatra, the Minister of Housing and Urban Development Department at Lok Seva Bhavan. While ...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.