Economy and Finance

Iranian strikes on Qatar’s energy infrastructure have knocked out two LNG production trains and one gas-to-liquids facility at the Ras Laffan hub, destroying 12.8...

On the midnight of 11th and 12th March, a fire erupted at a fish market or Machhli Mandi in Matiala, near Uttam Nagar in Delhi. The fire engulfed several shops and slum dwellings in a densely populated area. Reports say that more than 30 fire tenders have been deployed to douse the fire. Prima facie, the cause of the fire is said to be a short circuit.

Trump announced a refinery project involving Reliance Industries in Texas. However, project documents indicate the investment is far smaller, with Reliance acting as a long term buyer while the $300 billion figure reflects projected economic impact.

Hoteliers across the country flagged an acute shortage of commercial LPG cylinders and expressed fears that if the present situation continued, they may face shutdowns.

Officials said the probe began in November 2025 after detecting deletion of bulk bills and modified transaction records to suppress actual sales. Restaurants will be advised to update returns before 31 March 2026 under Section 139(8A).

The Indian government has invoked emergency provisions to ensure an uninterrupted supply of LPG and avoid the impact of the ongoing US-Israel-Iran war.