Every Wednesday, tune in as journalist Devna Gandhi talks to CEOs and promoters about how they stay agile through global uncertainty and plan for the future.
The West Asia conflict has disrupted LPG imports, fuelling panic buying in India and affecting availability for commercial users and low-income households. As the government introduces rationing, sales of induction cooktops are climbing. Oil Minister Hardeep Singh Puri said the rush to book cylinders is “driven by consumer anxiety rather than any actual supply shortage.”
Every major rise in crude considerably widens the trade deficit, strains the fiscal position, and compresses downstream margins while handing upstream producers a gain the government promptly taxes away. The asymmetric arithmetic is most unkind to refiners.
A decade after the famous 2012-13 ‘House of Debt’ report by Credit Suisse warned about the high debt levels of India’s infrastructure conglomerates, the sector has now been redefined thanks to policy shifts, new investment vehicles and cleaner balance sheets.
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