New Delhi, April 6 (IANS) The Indian auto retail industry is projected to register positive growth in the first quarter this fiscal (Q1 FY27) despite geopolitical uncertainty, riding on the marriage season in the northern belt, rabi harvest and the residual benefit of GST 2.0-led affordability, a new report said on Monday.Looking at the April–June period, the retail outlook remains cautiously positive, said the Federation of Automobile Dealers Associations (FADA).”Our survey shows 49.81 per ce…
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New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday.The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA.The report expects growth across India’s passenger vehicle (PV) and tractor…
New Delhi, April 2 (IANS) More than 55,000 PNG connections have been gasified across 110 geographical areas in the last five days, the government said on Thursday, adding that over 4.3 lakh 5 kg FTL cylinders have been sold since March 23.An additional 10 per cent allocation of commercial LPG has been offered to states/UTs, linked to the transition from LPG to PNG, with further allocations being recommended for reform-oriented states.”At present, eight states/UTs are being provided with this add…
New Delhi, April 1 (IANS) More than 3.9 lakh 5 kg FTL (free trade LPG) cylinders have been sold since March 23, and over 65,000 5 kg FTL cylinders were sold yesterday, the government said on Wednesday.Supply of LPG continues to be affected due to the prevailing geopolitical situation, but there has been no increase in price for domestic LPG consumers, said the government during the inter-ministerial briefing.”No dry-out has been reported at LPG distributorships. Online LPG bookings have increase…
New Delhi, April 1 (IANS) India’s passenger vehicle market closed FY26 on a robust note, with Maruti Suzuki India, Tata Motors and Toyota Kirloskar Motor posted strong double-digit gains.Maruti Suzuki India recorded a 16.72 per cent year-on-year (YoY) growth in March 2026, selling 2,25,251 units compared to 1,92,984 units in the same month last year.Domestic passenger vehicle sales stood at 1,69,428 units, while exports rose to 47,040 units and supplies to other OEMs reached 8,783 units.For th…
New Delhi, March 31 (IANS) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday.More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, and no ‘dryo…
New Delhi, March 30 (IANS) All refineries are operating at high capacity with adequate crude inventories, and sufficient stocks of petrol and diesel are being maintained while domestic LPG production from refineries has been increased to support local consumption, the Ministry of Petroleum and Natural Gas said on Monday.Although LPG supply continues to be affected due to the prevailing geopolitical situation, no dry-outs have been reported at LPG distributorships. Most LPG distributorships also …
New Delhi, March 28 (IANS) The government on Saturday said that more than 54 lakh LPG refills were delivered yesterday and the delivery of domestic LPG cylinders is normal despite prevailing geopolitical situation that has affected the supply chains.There are no reported dry-out at LPG distributorships and online LPG cylinder bookings increased to 91 per cent on industry basis yesterday, according to the Ministry of Petroleum and Natural Gas.To prevent diversion at the distributor level, Deliver…
New Delhi, March 25 (IANS) Amid the West Asia crisis, the Indian government is leaving no stone unturned when it comes to the safety of Indians in conflict zone, gas and fuel availability, long-term energy security measures and push for self-reliance across sectors.Prime Minister Narendra Modi informed the Rajya Sabha that the government’s first concern is safeguarding citizens and more than 3.75 lakh Indians have been repatriated from the conflict zone (including over 700 medical students fro…
New Delhi, March 24 (IANS) Enforcement actions continue across states to curb hoarding and black marketing of LPG, and so far, about 642 FIRs have been registered and around 155 people arrested, the government said on Tuesday. As part of the enforcement actions, about 3,400 raids were conducted, and around 1,000 cylinders were seized in the past 24 hours.Major actions were reported in Andhra Pradesh, Haryana, Madhya Pradesh, Rajasthan, and Telangana. PSU Oil Marketing Companies conducted more th…