New Delhi, March 12 (IANS) Several Opposition MPs on Thursday raised concerns over claims of shortages of LPG cylinders and rising fuel prices, demanding a discussion in Parliament and accusing the government of failing to manage the supply situation. However, leaders from the ruling alliance asserted that there was no reason for panic and assured that adequate reserves were available in the country.Congress MP Shashi Tharoor told IANS that the issue must be discussed in Parliament and the gover…
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New Delhi, March 12 (IANS) Amid the ongoing controversy over LPG shortages and rising fuel prices, the Congress party sparked debate on social media after sharing a post on platform X that criticised the government. However, the party later deleted the post following widespread criticism for using an old photo. The post featured an image carrying the slogan “Modi Hai To Mumkin Hai,” with a caption below that read “Modi ki line lagao yojana,” suggesting people were being forced to stand i…
Patna, March 10 (IANS) A rumour about a possible domestic gas shortage created panic, on Tuesday, in the Sugauli block of East Champaran district in Bihar, after claims spread that LPG supplies might be disrupted due to the ongoing tensions between Iran and Israel. As the rumour spread rapidly, hundreds of residents rushed to the local gas agency warehouse, carrying empty cylinders and standing in long queues for hours.The sudden rush created chaos outside the warehouse as people tried to secure…
Bengaluru, March 10 (IANS) Former Karnataka Chief Minister and MP Basavaraj Bommai on Tuesday claimed that the LPG shortage issue in the country would be resolved soon, asserting that most of the problems were likely to be addressed within a week. “There is no petrol or diesel problem in the country. LPG supply from Gulf countries has stopped. This too will start again soon. Most of the issues will be resolved within the next week,” he claimed.Bommai said the country needs to increase its do…
Bengaluru, March 10 (IANS) Karnataka Deputy Chief Minister and State Congress President, D.K. Shivakumar, on Tuesday said issues such as the reported shortage of LPG cylinders and rising fuel prices must be discussed in Parliament, accusing the Union government of avoiding debate on matters affecting people and businesses.”Our entire hotel and commercial industry has been affected,” he stated.Speaking to reporters in Bengaluru, Dy CM Shivakumar said the issue had already been raised by members o…
New Delhi, Jan 5 (IANS) Crude oil prices are projected to soften significantly to touch around $50 per barrel (bbl) by June 2026, positively affecting the CPI inflation, keeping it decisively below 3.4 per cent in the next fiscal (FY27), an SBI Research report said on Monday.Benign energy prices will impact the GDP outlook favourably, and the expected impact on annual GDP growth is around 10-15 bps, according to the report authored by Dr Soumya Kanti Ghosh, Group Chief Economic Advisor, State Ba…