Government says energy supplies, aviation services and maritime operations remain stable as evacuation efforts continue and Gulf connectivity gradually improves
Many residents were feared trapped after a single-storey house collapsed in an LPG blast in north Delhi's Mukundpur area on Tuesday morning, an official of the Delhi Fire Service said. The incident happened at Gali No. 1, Part-2, Ishu Vihar, near the cremation ground, he said. A caller reported the blast at 9.37 am, saying residents may be trapped. "We got information that a blast took place and a building collapsed due to which some people are trapped. Rescue teams rushed to the spot and launched operations," the officer said. Five rescue vehicles were rushed to the spot, he added.
Oil marketing companies have increased commercial LPG prices by Rs 42 per cylinder, while aviation turbine fuel for international airlines has been cut by 27 per cent
Prices of 5 kg FTL (Free Trade LPG) cylinders have been increased by ₹11, and will cost ₹821.50 in Delhi
From the rise of transactional geopolitics to oil shock risks and Pakistan's strategic missteps, BS Opinion examines the global uncertainties shaping politics and business
India and the UAE signed multiple agreements on energy, defence, shipbuilding and AI cooperation, alongside investment commitments worth $5 billion
Agreements on energy cooperation, green technology and strategic oil reserves are expected during Prime Minister Narendra Modi's visit to the UAE
Speaking at the CII Annual Summit, Union Minister Hardeep Singh Puri said India's oil companies are losing ₹1,000 crore every day and the under recovery is going to be ₹1,98,000 crore
India has maintained adequate crude oil, petroleum product and LPG reserves despite global supply disruptions, Oil Secretary Neeraj Mittal said
Reliance Industries is likely to begin maintenance shutdown at its Jamnagar refinery after Nayara Energy resumes operations, amid efforts to ensure fuel supplies
The price of a 19 kg commercial LPG cylinder has been raised by ₹993 with effect from May 1, marking a significant increase in cooking fuel costs for businesses.
Rating agency flags divergence between global and domestic oil demand trends as imports outpace exports, putting pressure on India's overall trade balance
LPG shortages amid global disruption offer India a chance to shift cooking to solar hours, improving energy security while supporting renewable power use, MNRE minister Pralhad Joshi said
From India's FTA strategy and Sun Pharma's global ambitions to LPG shortages, West Asia risks and Asean ties, here are the key insights from today's Opinion page
With the West Asia conflict disrupting fuel supplies, the debate over LPG versus PNG for Indian consumers has intensified.
From West Asia tensions and RBI policy signals to AI in drug trials, fiscal risks, GDP debates and India-China strategy, today's BS Opinion offers a wide-ranging view of key economic and geopolitical
In this session, Vaibhav Maloo, Managing Director, Enso Group, explains the impact of the war-led energy crisis on India. >
India's cooking gas LPG consumption fell by a steep 13 per cent in March as supply disruptions linked to the West Asia conflict hit availability for both household kitchens and commercial users, according to latest official data. LPG consumption was at 2.379 million tonne in March, 12.8 per cent lower than 2.729 million tonne consumed in the same period last year. India imports about 60 per cent of its LPG requirements, much of it via the Strait of Hormuz, which was effectively shut following US and Israeli strikes on Iran and Tehran's retaliation. With supplies from Saudi Arabia and the United Arab Emirates disrupted, the government has cut LPG supplies to commercial establishments like hotels, and industries to safeguard household cooking gas availability. According to the Oil Ministry's Petroleum Planning and Analysis Cell (PPAC), LPG cylinder sold to domestic households fell 8.1 per cent in March to 2.219 million tonne while those sold to non-domestic users was down almost 48 pe
LPG bookings have declined sharply from peak levels as state-run OMCs ramp up deliveries, supported by higher production and measures to manage supply disruptions
India has ramped up supply of smaller 5-kg LPG cylinders and accelerated the rollout of PNG connections as it manages fuel availability amid disruptions triggered by the West Asia conflict.