BUSINESS
LPG price cut was aimed at realigning with market dynamics
In the complex interplay of political and economic factors that govern LPG consumption in India, the recent reduction in domestic LPG prices, coupled with supplementary support for the PMUY segment, is unlikely to exert any additional fiscal burden on the government or OMCs.
BUSINESS
Steel prices are set to cool
Slowing global demand, cheap imports, and softer input costs to reverse a nearly six-month rally
BUSINESS
India’s incipient power crisis needs a non-fossil fix
With demand set to grow nearly by a third in absolute terms, generation and storage of renewable energy is the only sustainable solution to meet volatile summer demand
