Topic
hardeep puri
Commodities India boosts LPG production capacity to 54,000 metric tonnes per day, says Hardeep Puri
Petroleum and Natural Gas Minister Hardeep Singh Puri announced at the Viksit Bharat Conclave 2026 that India successfully ensured uninterrupted LPG supply by boosting domestic production capacity from 35,000 to 54,000 metric tonnes per day, along with effective diplomacy to secure energy supplies. The minister also highlighted a significant natural gas discovery in the Andaman region and the 'Samudra Manthan' initiative for energy self-reliance.
India's Oil Minister Says Petrol, Diesel Rates May Ease as Cheaper Crude Arrives
Union Petroleum Minister Hardeep Singh Puri indicated that petrol and diesel prices could be reduced when lower-priced crude oil purchased recently reaches Indian refiners. Speaking in Sonbhadra, Uttar Pradesh, he noted that oil marketing companies are currently processing higher-cost crude and losing about Rs 1,000 crore per day, but the government has shielded consumers from the full impact of global volatility.
Gold Prices Dip Amid Elevated Crude and Geopolitical Tensions
Gold prices have fallen this week as crude oil remains elevated due to US-Iran tensions. The market is reacting to geopolitical uncertainties and supply disruptions.