Hyderabad, March 25 (IANS) Amid rumours of petrol, diesel and LPG shortages that triggered panic buying and long queues at fuel stations across Hyderabad, the Telangana government on Wednesday assured the public that there is no shortage of any petroleum product in the state.Addressing a press conference, Minister for Civil Supplies and Irrigation, N. Uttam Kumar Reddy, along with Civil Supplies Commissioner, Stephen Ravindra, categorically stated that stocks are more than adequate for the next …
Latest Panic buying News & Updates
Hyderabad, March 24 (IANS) Several petrol pumps in Hyderabad were shut down on Tuesday, while long queues were seen at a few filling stations which were open even as the authorities maintained that there is no shortage of petrol, diesel or domestic LPG anywhere in Telangana.‘No stock’ boards were put up at several petrol pumps in Uppal, Mallapur, Ghatkesar, Attapur, Katedan, and Chandrayangutta areas, causing severe inconvenience to motorists. The authorities attributed this to panic buying …
Gandhinagar, March 24 (IANS) Gujarat Chief Minister Bhupendra Patel on Tuesday said there was no shortage of petrol and diesel in the state and urged citizens not to queue up at fuel stations, a day after widespread panic buying triggered long lines across several cities.Addressing a programme in Gandhinagar where he launched the ‘Sugam Digital Gujarat’ initiative, Patel said adequate fuel stocks were available and appealed for calm. “Adequate stock of petrol and diesel is available in the…
Chennai, March 12 (IANS) Tamil Nadu Chief Minister M.K. Stalin on Thursday urged the public not to panic about the availability of petrol, diesel, and cooking gas amid growing concerns triggered by the ongoing West Asia conflict, assuring that the country has adequate fuel reserves.In a statement, Stalin said the Union government had reiterated that India possesses sufficient stock of crude oil and petroleum products, and emphasised that there was no need for panic buying.The Chief Minister adde…
New Delhi, March 9 (IANS) The government has increased the minimum waiting period for booking a domestic LPG cylinder refill from 21 days to 25 days to prevent hoarding, as there were signs of panic buying taking place in the market amid the uncertainties due to the Iran war.Officials said that there is a sufficient supply of LPG available in the country, and the booking time for LPG cylinders has been increased as a measure to manage inventory effectively.The step has been taken as there was a …