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Latest Business News, Business News India Today | The HinduBusinessLine

First edition of Indian Navy’s biannual Commanders’ Conference 2026 to start from Tuesday Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Modi seeks opposition backing to implement women’s reservation before 2029 polls West Asia crisis: Ludhiana handtool export units face labour, gas supply shortages, high input costs Patent application filings in India rise 30.2% to 1.43 lakh in 2025-26: Goyal Meet the man with 138 degrees: Dashrath Singh, an ex-serviceman, earns latest qualification from IGNOU Europe missed AI bus, but India has potential to catch up: Former WEF Director AIG Hospitals, ICMR team up for digital health innovation Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Legendary playback singer Asha Bhosle dies at 92 Signature Global cuts net debt by 77% to ₹200 crore in FY26 Iran aims to restore majority of refining capability within two months Supreme Court to hear on Monday pleas related to SIR of electoral rolls in West Bengal US, India hold engagements to advance defence cooperation Trump shares article suggesting option with him to enforce naval blockade on Iran NCLAT reaffirms project-specific insolvency proceedings against realty firms Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Time has come to implement Women's Reservation Act: PM Modi's letter to LS, RS floor leaders Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader Trump says China will have big problems if it ships arms to Iran India will soon become self-reliant in defence sector, find itself among leading nations of the world: Rajnath Singh Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz AI to reduce uncertainties and expand opportunities - RBI DG EAM Jaishankar meets members of Indian community in UAE 4 ways war in Iran has weakened United States in great power game US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Islamabad talks: US and Iran begin negotiations aimed at ending West Asia conflict India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. 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51.5 lakh LPG cylinders delivered, 8.7 lakh Indians return amid West Asia crisis: Government
By ANI · 2026-04-11 · via Latest Business News, Business News India Today | The HinduBusinessLine

India's fuel supplies and maritime operations remain stable despite the ongoing tensions in West Asia, with the government asserting that there is no need for panic as domestic LPG deliveries continue normally and Indian vessels are operating safely.

According to the Ministry of Petroleum and Natural Gas, "domestic LPG cylinder deliveries remain normal," with "more than 51.5 lakh domestic LPG cylinders" delivered on April 10 alone, even as supply chains face pressure due to developments around the Strait of Hormuz.

The ministry emphasised that the government has taken multiple steps to ensure uninterrupted supply, noting that it has "prioritised domestic LPG and PNG supply, along with high priority for hospitals and educational institutions." It added that "no dry-outs have been reported at LPG distributorships," indicating stable availability across the country.

Highlighting consumer behaviour, the ministry said that "online LPG bookings have increased to about 98 per cent across the industry," while "Delivery Authentication Code (DAC) based deliveries have increased to around 93 per cent to prevent diversion." To ease pressure on LPG demand, the government has also pushed alternatives.

"Citizens are encouraged to use alternate fuels such as PNG and electric or induction cooktops," the ministry said, adding that over "26,000 PNG consumers have surrendered LPG connections via MYPNGD till date." On the commercial side, the government has increased supply allocations to minimise disruption.

The ministry noted that "total commercial LPG allocation has been increased to about 70 per cent of pre-crisis levels," and these measures are "expected to prevent supply-chain disruptions, avoid shortages of essential goods and ensure continuity of industrial operations."

The Ministry of Petroleum and Natural Gas further said that enforcement actions are being intensified, with "more than 3400 raids" conducted on April 10 to curb hoarding and black marketing, while penalties have been imposed on erring distributors. Meanwhile, the Ministry of Ports, Shipping and Waterways said India's maritime operations remain secure, with no incidents reported. It stated that "all Indian seafarers in the region are safe and no incident involving Indian-flagged vessels has been reported in the past 24 hours."

In a key development, the ministry confirmed that the India-flagged LPG vessel Jag Vikram has "safely crossed the Strait of Hormuz" carrying "approximately 20,400 MT of LPG cargo," and is expected to reach Mumbai on April 15. The ministry also highlighted ongoing evacuation efforts, stating that it has "facilitated the safe repatriation of more than 2,009 Indian seafarers so far, including 81 in the last 24 hours."

On the safety of Indian nationals in the region, the Ministry of External Affairs said that "the Government continues to closely monitor developments in the Gulf and West Asia region" and is in "regular contact with State Governments and Union Territories for better sharing of information and coordination." The ministry added that efforts remain focused on "ensuring the safety, security and welfare of the Indian community in the region," with "Indian Missions and Posts continue to operate round-the-clock helplines and are proactively assisting Indian nationals."

It further said that "updated advisories are being issued regularly," including information on travel, local guidelines and consular services, while missions are "actively engaged with Indian community associations, professional groups, Indian companies and other stakeholders." Despite disruptions, air connectivity is being maintained in several parts of the region.

The ministry noted that "since 28 February, around 8,71,000 passengers have travelled from the region to India." Providing country-specific updates, it said that in the UAE, "airlines continue to operate limited non-scheduled commercial flights," with "around 95 flights expected today," while flights are also operating from Saudi Arabia and Oman.

With Qatar's airspace partially open, "Qatar Airways is expected to operate around 8-10 flights to India today," it added. The ministry said that Kuwait's airspace remains closed, but "travel of Indian nationals from Kuwait continues to be facilitated through Saudi Arabia," while from Bahrain, movement is also being enabled via Saudi Arabia.

It further stated that the Embassy of India in Tehran has "facilitated movement of 2,225 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India," including students and fishermen. Highlighting other routes, the ministry said that as Israeli airspace remains closed, "travel of Indian nationals continue to be facilitated through Jordan and Egypt," while from Iraq, where airspace is partially open, travel is being routed via Jordan and Saudi Arabia.

Reassuring the public, the government has urged citizens to remain calm. "Citizens are advised to avoid panic purchase of petrol, diesel and LPG and rely only on official sources for information," the petroleum ministry said. The government added that coordinated efforts with states are underway, with regular monitoring, enforcement drives, and public communication to ensure adequate fuel availability and prevent misinformation.

Published on April 11, 2026