Government Dismisses LPG Shortage Claims, Increases Production by 10%
The Indian government has moved to dismiss concerns over an LPG shortage, asserting that supplies have stabilized and are sufficient to meet the country’s demands. Government sources confirmed that oil refineries have increased LPG production by around 10% in response to earlier directives. Additional administrative measures have been implemented to curb hoarding and prevent malpractice in LPG distribution. The authorities have also extended the monitoring period for LPG distribut
Government Dismisses LPG Shortage Claims, Increases Production by 10%
The Indian government has moved to dismiss concerns over an LPG shortage, asserting that supplies have stabilized and are sufficient to meet the country’s demands. Government sources confirmed that oil refineries have increased LPG production by around 10% in response to earlier directives. Additional administrative measures have been implemented to curb hoarding and prevent malpractice in LPG distribution. The authorities have also extended the monitoring period for LPG distribut
Russia to Supply 9.5 Million Barrels of Oil to India as Middle East Tensions Escalate
In response to the escalating crisis in the Middle East, Russia is preparing to ship 9.5 million barrels of crude oil to India. This move comes as India faces severe supply disruptions, particularly after Iranian attacks targeted vessels in the Strait of Hormuz, a critical oil route that handles 40% of India's crude imports. The current geopolitical tensions have left India vulnerable, as its crude stocks cover only about 25 days of demand, and inventories of refined products like gasoline, g
Russia to Supply 9.5 Million Barrels of Oil to India as Middle East Tensions Escalate
In response to the escalating crisis in the Middle East, Russia is preparing to ship 9.5 million barrels of crude oil to India. This move comes as India faces severe supply disruptions, particularly after Iranian attacks targeted vessels in the Strait of Hormuz, a critical oil route that handles 40% of India's crude imports. The current geopolitical tensions have left India vulnerable, as its crude stocks cover only about 25 days of demand, and inventories of refined products like gasoline, g
US–Israel–Iran War | India assures adequate oil reserves amid Strait of Hormuz tensions
Amid escalating geopolitical tensions in West Asia and growing concerns over potential disruptions in the Strait of Hormuz, government sources have reassured citizens that India’s oil reserves and fuel stocks remain sufficient, urging the public not to panic or hoard essential petroleum products. Officials said the country currently maintains around 25 days of crude oil and petroleum products, including petrol and diesel, ensuring stability in the event of short-term supply disruptions. Liq
US–Israel–Iran War | India assures adequate oil reserves amid Strait of Hormuz tensions
Amid escalating geopolitical tensions in West Asia and growing concerns over potential disruptions in the Strait of Hormuz, government sources have reassured citizens that India’s oil reserves and fuel stocks remain sufficient, urging the public not to panic or hoard essential petroleum products. Officials said the country currently maintains around 25 days of crude oil and petroleum products, including petrol and diesel, ensuring stability in the event of short-term supply disruptions. Liq
India seals historic US LPG import contract for 2026 supply
India has signed its first structured, long-term contract to import liquefied petroleum gas from the United States, marking what government officials describe as a major turning point in the country’s energy sourcing strategy. The announcement comes at a time when global energy markets remain highly volatile and nations are increasingly seeking diversified, stable supply lines. According to the Ministry of Petroleum and Natural Gas, the agreement will help safeguard India’s fuel supply du
India seals historic US LPG import contract for 2026 supply
India has signed its first structured, long-term contract to import liquefied petroleum gas from the United States, marking what government officials describe as a major turning point in the country’s energy sourcing strategy. The announcement comes at a time when global energy markets remain highly volatile and nations are increasingly seeking diversified, stable supply lines. According to the Ministry of Petroleum and Natural Gas, the agreement will help safeguard India’s fuel supply du
Financial Changes Starting August 1, 2025: UPI Limits, SBI Card Updates, and More
Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind
Financial Changes Starting August 1, 2025: UPI Limits, SBI Card Updates, and More
Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind









