Editorial photo #13411341 Economy, Business and Finance
Indian Economy
A worker arranges filled Liquefied Petroleum Gas (LPG) cylinders at a gas distribution centre in Srinagar, Jammu and Kashmir, on March 7, 2026. India invokes emergency powers and directs refiners to maximize production of liquefied petroleum gas (LPG) to prevent a shortage of the cooking fuel after supply disruptions caused by the Middle East crisis, a government order shows. The world's second-biggest importer of LPG last year consumes 33.15 million metric tons of cooking gas, which is a mixture of propane and butane. Meanwhile, the price of domestic cooking gas LPG on Saturday, March 7, 2026, is hiked by a steep INR60 per cylinder as oil companies factor in increased energy prices in view of the West Asia conflict. Non-subsidised LPG, the one that common household users other than the poor Ujjwala beneficiaries use in their kitchens, now costs INR913 per 14.2 kg cylinder in Delhi, according to the Indian Oil Corporation (IOC) website. (Photo by Firdous Nazir/NurPhoto)
