New Delhi, June 2 (IANS) Rejection of careerist competition among young Chinese popularly known as “lying flat” movement stemmed from China’s one‑child policy, a new report has said.The report from Japan Times argued that the one‑child policy reduced the number of high‑consumption households and weakened household bargaining power.One‑child policy pushed the share of household disposable income in GDP from about two-thirds in the 1980s down to about 44 per cent, Yi Fuxian, a senior…
Latest domestic consumption News & Updates
New Delhi, May 27 (IANS) Under the direction of the government, the public sector oil companies are currently absorbing losses on the sale of petrol, diesel, and LPG to the tune of Rs 550 crore per day as they have refrained from passing on the full increase in global prices to protect domestic consumers, the Ministry of Petroleum and Natural Gas said on Wednesday.This cushion, which has been put in place due to the disruption caused by the West Asia crisis, is intended for the retail consumers:…
New Delhi, April 22 (IANS) India’s economy has developed strong resilience to high energy prices and is capable of sustaining growth above 7 per cent even if crude oil costs remain in the range of $90–100 per barrel, Assocham said on Wednesday.The industry body noted that over the past two and a half decades, India has successfully absorbed multiple oil price shocks without derailing its growth trajectory.Data analysed for the period from 2000-01 to 2025-26 shows that some of India’s stron…
New Delhi, April 10 (IANS) Petroleum Ministry on Friday clarified that in today’s press briefing, it was inadvertently stated that over 4.05 lakh new LPG connections have been gasified over the last five weeks.“It is clarified that the figure pertains to Piped Natural Gas (PNG) connections, not LPG connections. Progress on PNG connections has also been shared in recent press briefings and press releases,” the ministry stated, adding that “the error is regretted”.Domestic LPG cylinder del…
New Delhi, April 10 (IANS) Domestic LPG cylinder deliveries remain normal, and no dry-outs have been reported at LPG distributorships even as LPG supply continues to be affected by the prevailing geopolitical situation. As many as 4.05 lakh PNG connections have been gasified, and about 4.41 lakh additional customers have also registered for new connections.Consumers are encouraged to use alternative fuels such as PNG and electric cooktops. All citizens are urged to conserve energy during the cur…
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, March 27 (IANS) More than 350 show-cause notices have been issued to LPG distributorships as part of enforcement action to maintain seamless supply of gas, the government said on Friday, adding that enforcement drives are ongoing across states/UTs, with more than 3,000 raids conducted and over 1,500 LPG cylinders seized.PSU oil marketing companies (OMCs) conducted more than 1,500 surprise inspections at retail outlets and LPG distributorships across the country, according to an offici…