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New Delhi [India], April 1 (ANI): India's crude oil inventories remain adequate, with the government securing sufficient supplies for the next two months, said Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, on Wednesday during an inter-ministerial briefing amid the ongoing West Asia crisis. Assuring stability in fuel supply, Sharma said, "Our refineries are operating at the highest levels. There have been no reports of any dry-out at retail outlets." Also Read | Hapur S ...Read More >
New Delhi [India], April 1 (ANI): India's crude oil inventories remain adequate, with the government securing sufficient supplies for the next two months, said Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, on Wednesday during an inter-ministerial briefing amid the ongoing West Asia crisis. Assuring stability in fuel supply, Sharma said, "Our refineries are operating at the highest levels. There have been no reports of any dry-out at retail outlets." Highlighting global ...Read More >
Delhi/Hyderabad, April 1 (Maxim News): The National Stock Exchange (NSE) on Wednesday said it has partnered with Indian Gas Exchange Ltd (IGX) to introduce exchange-traded derivatives based on domestic natural gas prices. 'Here To Join Us On WhatsApp As part of the collaboration, NSE will launch natural gas futures contracts linked to IGX's benchmark price index -- Gas IndeX of India (GIXI), reflecting pricing based on actual trades on the IGX platform. In a statement, the exchange said it ha ...Read More >
Kochi, April 1 (SocialNews.XYZ) The Kerala High Court on Wednesday delivered a significant setback to Union Minister and actor Suresh Gopi, ruling that the election petition challenging his victory from Thrissur Lok Sabha constituency is maintainable and must proceed to trial. Gopi won a historic win from Thrissur in the 2024 Lok Sabha polls, opening the account for the BJP in Kerala, where the party at present does not have a single Legislator in the 140 member Assembly. Dismissing an interim ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): National Stock Exchange of India (NSE) on Wednesday announced a collaboration with Indian Gas Exchange Limited (IGX) to introduce exchange-traded derivatives based on natural gas traded and delivered on the IGX platform. The initiative aims to strengthen India's domestic natural gas market by providing efficient risk management tools to market participants. Also Read | Patna Shocker: Woman Drugged With Sedative-Laced Drink and Gang-Raped on Pretext ...Read More >
New Delhi, Apr 1 (PTI) The National Stock Exchange (NSE) on Wednesday said it has partnered with Indian Gas Exchange Ltd (IGX) to introduce exchange-traded derivatives based on domestic natural gas prices. As part of the collaboration, NSE will launch natural gas futures contracts linked to IGX's benchmark price index -- Gas IndeX of India (GIXI), reflecting pricing based on actual trades on the IGX platform. In a statement, the exchange said it has received approval from markets regulator Seb ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): National Stock Exchange of India (NSE) on Wednesday announced a collaboration with Indian Gas Exchange Limited (IGX) to introduce exchange-traded derivatives based on natural gas traded and delivered on the IGX platform. The initiative aims to strengthen India's domestic natural gas market by providing efficient risk management tools to market participants. As part of the collaboration, NSE will launch Indian natural gas derivative contracts based o ...Read More >
New Delhi : Sikkim CM Shri Prem Singh Tamang chaired a high-level review meeting at Samman Bhawan 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, ...Read More >
Bhubaneswar, Mar 31 (PTI) Amid a walkout by the opposition MLAs, the Odisha Assembly on Tuesday passed an appropriation Bill, allowing the state government to spend Rs 3.10 lakh crore from its consolidated fund during the financial year 2026-27. Speaking in favour of the Bill, Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, said the budget estimation for 2026-27 is Rs 3.10 lakh crore, which is 7 per cent more than the budget estimates made for the financial year 2025-26 ...Read More >
New Delhi [India], April 1 (ANI): Amid global surge in crude and gas prices the government has revised prices of commercial LPG cylinders and premium petrol and diesel prices. Prices of Commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis, stated the Ministry of Petroleum & Natural Gas. "Prices of Commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a mo ...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 i ...Read More >
Kolkata, Apr 1 (PTI) The escalating West Asia conflict is beginning to exert cost pressure on India's real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike in construction costs if hostilities persist through April. Construction schedules are also likely to be affected because of shortage of materials and resources if the conflict prolongs. Harshavardhan Neotia, Chairman of Ambuja Neotia Group, said the crisis is triggering a "classic cost ...Read More >
Kolkata, Apr 1 (PTI) The escalating West Asia conflict is beginning to exert cost pressure on India's real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike in construction costs if hostilities persist through April. Construction schedules are also likely to be affected because of shortage of materials and resources if the conflict prolongs. Harshavardhan Neotia, Chairman of Ambuja Neotia Group, said the crisis is triggering a "classic cost ...Read More >
Amaravati, Mar 31 (PTI) Andhra Pradesh Minister Nadendla Manohar on Tuesday said there is no shortage of petrol, diesel, or cooking gas in the state and assured that adequate supplies are available to meet demand. He said the state government is taking steps to introduce Piped Natural Gas (PNG) supply across the state soon, adding that efforts are underway to expand its coverage and encourage consumers to switch. "There is no shortage of petrol, diesel, or cooking gas in the state. People shou ...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 su ...Read More >
Hyderabad: An acute shortage of LPG (liquefied petroleum gas) in the city has been causing significant distress among nearly one lakh auto-rickshaw drivers, impacting their livelihoods. Besides, urban mobility across the city has been affected. The impact is visible across several areas in the city, where streets are empty of auto-rickshaws while long lines extending for kilometers are visible outside gas stations. Auto drivers continue to face problems due to a shortage of LPG gas. They compl ...Read More >
New Delhi: A tense situation persists in the Middle East due to the ongoing conflict involving the United States,Israel,and Iran. Consequently,the situation continues to deteriorate. Several nations are also facing a looming crisis regarding the supply of crude oil and natural gas. The impact of this conflict is now directly affecting the pockets of ordinary citizens. Amidst rising global crude oil prices,state-run oil companies have announced a steep hike of ₹195.50 in the price of commercial ...Read More >
New Delhi: Due to the escalating conflict in West Asia, Indian business owners are grappling with a sharp rise in operating expenses, primarily caused by the strategic closure of the Strait of Hormuz. As of the April 1 update, Oil Marketing Companies have significantly raised the cost of 19 kg commercial LPG cylinders by ₹195.50. Coming on the heels of a ₹114.50 increase on March 1, this latest price jump highlights a turbulent period for both industrial and hospitality businesses. Despite the ...Read More >
Hundreds of ceramics manufacturing plants in India have shut down due to an energy crunch caused by the Middle East war Blazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war. At a cavernous facility in Morbi, in India's western Gujarat state, a 200-metre-long propane-powered kiln that normally fires clay nonstop is silent. It is one of hundreds of plants supplyin ...Read More >
Allowing kerosene back into the retail fuel network provides a fallback fuel for households. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The Centre has opened an emergency window for kerosene distribution across India via select petrol pumps * The decision comes amid the ongoing Iran war disrupting global energy supplies * Up to two petrol pumps per district can be designated to sell kerosene Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The Cent ...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 ...Read More >
Panaji: With a countrywide shortage of LPG crippling the tourism sector, govt has urged Goa's hospitality sector to shift to piped natural gas (PNG). Govt has urged commercial establishments currently dependent on LPG to prepare for the transition.However, the sector has questioned the push towards PNG, pointing out that gas pipelines have only been laid in Ponda and Tiswadi in North Goa, and in Vasco and Margao in South Goa. The coastal belt, where most of the restaurants and resorts are, has n ...Read More >
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 dea ...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 s ...Read More >
New Delhi: The government has raised the administered price mechanism (APM) gas price for state-run producers like state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) to $7 per mmBtu, up from $6.75 per mmBtu. The revision follows the pricing mechanism that the government had approved in 2023, according to an official notification. The revision applies to gas produced from legacy fields under the regulated pricing regime. APM gas makes up for about 60 per cent of the d ...Read More >
Hyderabad: Civil supplies minister N Uttam Kumar Reddy on Tuesday urged Union petroleum and natural gas minister Hardeep Singh Puri to ramp up Auto LPG availability, stating there is a shortfall of 55 metric tonne (MT) of it per day in Telangana due to prevailing supply constraints.Seeking an urgent intervention to address the shortage of Auto LPG, Uttam Kumar Reddy, in his letter to the Union minister, stated that nearly a lakh auto-rickshaws run on LPG in the state. All these autos were now fa ...Read More >
New Delhi , March 31: India's oil sources coming through the Strait of Hormuz are currently being managed through active diplomacy and dialogue, though industry leaders warn that a prolonged West Asia crisis could have far-reaching consequences for the nation's energy security. Speaking to ANI on the sidelines of the PHDCCI's Hydrocarbons Summit 2026 held in Delhi on Tuesday, experts highlighted that while immediate supplies remain steady, the volatility in international markets necessitates a s ...Read More >
Hyderabad, Mar 31 (PTI) Telangana Civil Supplies Minister N Uttam Kumar Reddy on Tuesday urged Union Minister for Petroleum and Natural Gas Hardeep Singh Puri for urgent additional LPG supplies by the Centre in view of shortages being faced by LPG autorickshaws in the state, mainly in Hyderabad. In a letter addressed to Puri, Reddy said the domestic LPG supply is being maintained at 10 per cent to meet essential household needs, and commercial LPG allocations are being regulated in accordance w ...Read More >
Hyderabad, March 31 (SocialNews.XYZ) The Telangana government on Tuesday requested the Centre for urgent additional supply of auto LPG to the state to overcome the daily deficit. Minister for Civil Supplies N. Uttam Kumar Reddy on Tuesday sent a letter to Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stating that the state is currently facing a daily shortage of 55 MTs. The state government called for ramping up the auto LPG availability at public sector undertakings' (IOCL, ...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 throu ...Read More >
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