ECONOMY
India Keeps LPG Prices Low Despite 46% Increase In Global Gas Costs
Indian households continue to receive cooking gas at prices significantly below international market levels, with the government and public sector oil marketing companies absorbing a substantial portion of the cost increase triggered by global energy market disruptions. The Saudi Contract Price (CP) benchmark for LPG, which influences India’s import costs, has risen about 46 per […]
CW Bureau
·
Jun 7, 2026
ECONOMY
Petroleum Ministry Extends Bulk LPG Allocation To Key Industrial Sectors
Ministry of Petroleum and Natural Gas (MoPNG) has issued an order to ensure continued and stable availability of Liquefied Petroleum Gas (LPG) for industrial consumption amid evolving global supply conditions. Calibrated allocation framework In a communication to Secretaries of the Government of India and Chief Secretaries of States and Union Territories, Neeraj Mittal said industrial […]
CW Bureau
·
Apr 10, 2026
STARTUP/TECHNOLOGY
Pine Labs To Modernise Digital Payments Platform Of Indian OMCs
Global fintech platform Pine Labs has announced that it has won multiple landmark contracts from three of the leading oil and marketing companies (OMCs) in India, namely Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd(HPCL), and Indian Oil Corporation Ltd (IOCL). Under the contracts executed with respective OMCs, Pine Labs will be entrusted with […]
CW Bureau
·
Feb 23, 2026
