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HOSPITALITY SECTOR IMPACT LPG PRICES
IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...- Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Short-term headwinds, yes; owning the ecosystem is better: 20 healthcare stocks with downside risk of 23% to upside potential of 41%The healthcare sector is under scrutiny. The issue is pricing: What medicines cost and on what hospitals and the rest of the health ecosyst...
- IGL partners with Delhi Division of Railways for commercial PNG supplyIndraprastha Gas Limited has signed a Memorandum of Understanding with Northern Railway for gas supply. The agreement covers the supply of ...
- Railways will replace 500 kg of LPG & 2,500 litres of diesel daily with PNG at 22 sites under IGL deal; Delhi, New Delhi and Anand Vihar among stations coveredIndraprastha Gas Ltd (IGL) has partnered with Northern Railway's Delhi Division to replace LPG and diesel with piped natural gas (PNG) at 2...
- Indian Oil net profit triples YoY to 21,630 cr in Q2Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attri...
- EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...
- Karnataka govt pauses circular on medicine price disclosure by hospitalsIn a significant move, the Karnataka government declared it would not proceed with a disputed circular aimed at mandating hospitals to disc...
- Escorts Kubota hikes tractor prices as Middle East war fuels cost pressuresEscorts Kubota plans to implement price hikes on its tractor offerings in November 2026. The company cites inflation and geopolitical uncer...
- First-time investors turn to India's hospitality sector for diversified income and long-term growthIndia is witnessing a rise in first-time hotel owners, with entrepreneurs, real estate developers, industrial families and landowners enter...
- Anti-cancer medicines: How to protect the patient today without weakening India's healthcare capacity for tomorrowIndia should examine trade margins across medicines, medical devices and consumables using a common, scientifically credible method - not a...
- Travel, hospitality sector hiring to rise in H2 as 81% of employers plan workforce expansionHiring in the travel and hospitality sector will likely increase significantly in the latter half of this year. A report reveals that 81 pe...
- Pakistan running out of gas: 12 kg LPG cylinder costs PKR 7000Pakistan’s gas crisis has intensified as LPG prices climb to PKR 600 per kg in some areas following disruptions to imports from Iran. Domes...
- West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
- Auto sector margins may improve from third quarter but El Nino, West Asia crisis key risks: ReportAutomobile sector margins are projected to improve gradually after the second quarter of FY27 as manufacturers increase prices. The growth ...
- LPG cylinder costs Rs 10,000 in Pakistan as border closure triggers shortages, 6,000 dealer shops shutPakistan's LPG crisis has pushed prices to Rs 750 per kilogram in some areas, taking cylinder costs above Rs 10,000. The Gabd-Rimdan crossi...
- Pakistan reopens Iran border crossing after week-long suspension of tradeThe Gabd-Rimdan border crossing between Pakistan and Iran is back in action, after being closed for a week. This suspension had a significa...
- OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDAIn a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at ...
- BPCL reports 21.45% drop in Q2 FY27 net profit, attributes losses to fuel pricing issuesBharat Petroleum Corporation Limited (BPCL) has reported a 21.45% decline in consolidated net profit for Q2 FY27. The decline is attributed...
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