New Delhi, April 16 (IANS) The trade deficit widening has been pushed out rather than avoided, a report showed on Thursday, adding that if the energy shock persists and Brent oil prices stays elevated, the deficit is likely to widen in the coming months.India’s goods trade deficit came in at $20.7 billion in March, much lower than last month’s $27 billion deficit. The March deficit is usually slightly narrower, but markets expected it to widen this time as Brent is up 60 per cent YoY due to the …
Latest LPG imports News & Updates
New Delhi, April 11 (IANS) The ongoing crisis in the Middle East has created opportunities for India in various ways, ranging from augmenting strategic petroleum reserve capacities at home to diversifying imports, a report highlighted on Saturday. Writing for non-profit initiative Politeia Research Foundation, ORF Deputy Director Vivek Mishra mentioned that Argentina and the US have became important sources for India’s LPG imports during the current crisis, with the former more than doubling its…
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…
Mumbai, March 30 (IANS) The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Monday said the BJP-led Mahayuti government should provide transparency regarding the country’s energy reserves instead of threatening citizens with legal action for allegedly spreading rumours and misinformation.The Thackeray camp in the party’s mouthpiece ‘Saamana’ editorial alleged that the current wave of panic reportedly originated in Gujarat, the home state of the Prime Minister and Home Minister. “Long queues stre…