Page 13 - Lpg Crisis

LPG issue: Lok Sabha proceedings adjourned till 2 pm amid Oppn protests

Lok Sabha proceedings were adjourned till 2 pm on Friday amid relentless protests by opposition members over the LPG situation and hike in its price due to the ongoing West Asia crisis. As the House reassembled at 12 noon after an earlier adjournment over the same issue, Opposition members trooped into the Well and raised slogans against the government. After laying of papers, Parliamentary Affairs Minister Kiren Rijiju slammed Congress leader Rahul Gandhi for refusing to understand the pulse of the people saying if the principal opposition continues to behave in such a manner, people will punish them severely. "Their leader is refusing to change. Now the members are also behaving like him. Their leader is indulging in drama in Parliament premises by holding plate and glass. They think that by doing such theatrics they will be able to draw the attention of the people, but people know them very well that is why they have not been able to come to power," Rijiju said. Expressing ...

Voltas, Blue Star, LG: Will the LPG crisis weigh on air conditioner stocks?

Analysts are positive on AC stocks amid strong summer demand outlook, though they caution that LPG/PNG shortages and rising input costs could impact production in near-term

LPG shortage forces around 40% of restaurants in Kerala to shut down

An LPG shortage is forcing around 40 per cent of restaurants in Kerala to shut down as many establishments are unable to switch to alternative cooking methods, industry representatives said. Apart from restaurants, caterers, hostels, canteens and crematoriums have also been affected by the LPG shortage following the conflict in West Asia. G Jayapal, president of the Kerala Hotel and Restaurant Association (KHRA), told PTI that by Friday around 40 per cent of restaurants in the state would shut down. "Till Thursday, around 20 per cent of restaurants had closed. The number will increase to 40 per cent by Friday as LPG stocks will run out soon," he said. Even though the central and state governments have suggested alternative cooking methods, the KHRA said that using firewood in hotels in urban areas is not feasible. "As part of food safety standards, most restaurants in urban areas have adopted modern kitchen systems. They do not have arrangements for cooking with firewood or ...

2 held for hoarding 398 LPG cylinders in Tamil Nadu's Madurai amid crisis

Two persons were arrested and detained under the Goondas Act in Madurai for allegedly hoarding 398 LPG cylinders for black marketing, marking the first time such stringent action has been taken in Tamil Nadu for cylinder hoarding, police said on Friday. Meanwhile, Tamil Nadu Petroleum Dealers' Association urged people not to panic-buy petrol or diesel, stating that 14 terminals in Tamil Nadu have enough stock to replenish 7,000-plus retail outlets as per their demand. The arrests in Madurai followed a tip-off received by the Civil Supplies Criminal Investigation Department (CS-CID) regarding the illegal diversion of subsidised domestic gas cylinders for commercial use. Acting on the information, a special team conducted a raid at an open plot near the residence of Palani in the Kovilpappakudi area, where they seized 100 subsidised domestic cylinders and 109 commercial cylinders. In a subsequent raid at the house of Madan Kumar, 27, in Anandam Nagar, officials recovered another 189

West Asia war updates: Israel says Iran offensive progressing; Brent slips

As the West Asia war enters Day 14, Israel says its campaign against Iran remains strong; India assures fuel supply. Here are the top updates at 9 am (IST)

West Asia conflict disrupts India's kitchens, clouds its tech ambitions

Gas shortages triggered by the West Asia conflict are disrupting kitchens, restaurants and small industries in India, exposing the country's fragile LNG-dependent energy system

'Do not create panic over LPG': PM Modi assures energy security is intact

Prime Minister Narendra Modi on Thursday hit out at those trying to create panic on the LPG situation in India, and said they are not only exposing themselves before the people but also hurting the country. Addressing the NXT Summit here, Modi also said that due to the ongoing conflict in West Asia, no nation has remained unaffected, but India is fully committed to addressing this challenge and is leaving no stone unturned to safeguard its energy security. He also said that some people are trying to black-market certain products by taking advantage of the present situation, and warned that action will be taken against such unscrupulous elements. "I request the state governments to enhance monitoring to stop black-marketers and hoarders in such times," he said. On the LPG issue, the prime minister said there is currently a lot of discussion surrounding LPG, with some individuals "spreading unnecessary panic". "I do not wish to make any political statements at this moment. Those who

LPG delays, black marketing hit 57% households in the past week: Survey

The survey, conducted by LocalCircles, found that a majority of households reported difficulties in obtaining cooking gas cylinders over the past seven days

India asks china for urea as war-induced gas crunch hits plants

The move is a sign of the unusual measures countries are taking to secure key commodities as US-Israeli attacks in Iran snarl global trade and raise risks for food and energy supplies

Datanomics: India's natural gas squeeze amid rising West Asia conflict

India's LNG imports have more than doubled in the last decade from $6 billion in FY17 to nearly $15 billion in FY25

New truncated gas allocation regime still faces a large LNG shortfall

India's new gas rationing regime may still fall short as LNG supplies shrink after the Strait of Hormuz closure, leaving a widening gap between demand and imports

AC makers flag production risks as LPG shortage worsens amid West Asia war

Air-conditioner makers warn of production risks as LPG shortages linked to the West Asia conflict disrupt supply of fuel used in brazing and coating processes

QSR stocks in a soup on LPG shortage: Don't sell in a panic, say analysts

LPG shortage triggered by Strait of Hormuz disruption is forcing QSR kitchens to shut or cut menus. Analysts say earnings may take a hit in Q4FY26 but advise investors not to panic

Glass manufacturer HNGIL seeks uninterrupted industrial LPG supply

Company warns disruption in LPG supply could damage furnaces and impact operations at its plants as West Asia tensions tighten energy markets

Govt may release 19 kg commercial LPG cylinders soon to ease supply

The Centre is considering releasing 19 kg LPG cylinders to ease shortages affecting restaurants and industries, while boosting imports and alternative fuel supplies, a petroleum ministry official said

India's crude supply secure, LPG production increased: Hardeep Puri

Minister says India secured alternative energy supplies amid West Asia crisis

LPG shortage drives induction cooktop demand: How the tech works

With LPG supply concerns rising amid the West Asia crisis, households are buying induction cooktops as a backup. But the appliances require specialised cookware to function properly

Exporters' body urges govt to ensure LPG, gas supply for manufacturers

Exporters' body FIEO on Thursday urged the government to allocate LPG and natural gas to export-oriented manufacturing units on a priority basis, as any disruptions in the fuel availability will create problems in maintaining production schedules. Federation of Indian Export Organisations (FIEO) President S C Ralhan said that he has written a letter in this regard to the commerce and industry ministry. "Manufacturing exporters are facing issues. There is an urgent need for priority allocation of LPG/natural gas as fuel for export-oriented units (EOUs) and export-oriented SMEs," Ralhan said. The West Asia crisis, triggered by the launch of a joint attack by the US and Israel on Iran, has disrupted energy supplies in several countries. The government has revised the priority order for allocating domestically produced natural gas, placing LPG production alongside CNG and piped cooking gas at the top. He said that export-oriented manufacturing units are operating in a highly competitiv

Rahul attacks PM Modi over LPG shortage, cites Epstein and Adani cases

Congress leader Rahul Gandhi on Thursday attacked Prime Minister Narendra Modi amid concerns over reported LPG shortage, saying the PM is asking the people not to panic but is himself panicked for "completely different reasons". Gandhi alleged that the prime minister is panicked because of the Epstein files issue and the Adani Case in the US. He made the remarks after several opposition MPs, including himself and Priyanka Gandhi Vadra, staged a protest in the Parliament House complex over the shortage of commercial LPG cylinders to demand answers from the government over it. Speaking with reporters after the protest, Gandhi said, "The PM is saying there is no need to panic, but the PM himself has panicked for completely different reasons... he is panicked because of Epstein, he is panicked because of the Adani case, he is not able to come inside the House." "You saw yesterday that the prime minister's chair was empty. So, he is telling the country not to panic but has panicked ...

LPG shortage may hurt food delivery order growth in Q4FY26: Motilal Oswal

LPG supply disruption could slow Zomato and Swiggy order volumes as restaurants cut operations. Motilal Oswal expects a temporary impact on food delivery growth