supply chain disruption

Mumbai, March 31 The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursements made until June 30, citing ongoing logistical disruptions due to the ongoing West Asia crisis.The central bank had...

New Delhi, March 31 India's real GDP growth for the next fiscal could decline by around 1 percentage point, while retail inflation could rise by about 1.5 percentage points from their baseline estimates if the Middle East conflict persists through the next fiscal, an EY report said.The EY...

New Delhi, March 30 The escalating conflict in West Asia has led to a sharp 60 per cent surge in the prices of natural gas, a key feedstock for fertilizer plants, which is expected to increase the government's subsidy burden.With the conflict disrupting energy supply lines, the supply of...

Sri Lankan President Anura Kumara Dissanayake has expressed his gratitude to India for its support in providing fuel to the country during the West Asia crisis, following the arrival of a major shipment of petroleum in Colombo. In a social media post, President Dissanayake stated that he had...

Bhavnagar, March 30 India's aviation sector is facing a bottleneck in the procurement of new aircraft, Civil Aviation Minister K Rammohan Naidu has said, citing that while 1,700 new planes are on order, supply chain disruptions could delay deliveries for up to 15 years.The government is...

Islamabad, March 29 – Prices of medicines have increased in the open market and the Bohor Bazaar pharmaceutical hub in Rawalpindi, Pakistan, with prices rising from 50% to as high as 500%, local media reported on Sunday.Prices of essential medicines, including those for diabetes, hypertension...

Mumbai, March 28 A total of 27 LPG cylinders, including five that were full, were stolen from a delivery vehicle in a western suburb of Mumbai, prompting the police to launch an investigation, an official said on Saturday.The theft at Charkop in Kandivali (West) comes amid allegations of...

New Delhi, March 28 Rajya Sabha MP Kapil Sibal on Saturday claimed that India stands to suffer the most from the ongoing US-Israel and Iran conflict, and accused the Narendra Modi government of lacking a "nation first" approach as well as being fixated on only winning elections.Sibal said...

Islamabad, March 28 – The average price of liquefied petroleum gas (LPG) in Pakistan has surged to PKR 3,900-5,135 per 11.67 kg cylinder from PKR 3,150-3,968 amid the conflict in West Asia, local media reported.Citing data from the Sensitive Price Index (SPI) published by the Pakistan Bureau...

New Delhi, March 27 Tata Motors Passenger Vehicles Ltd on Friday said its British arm Jaguar Land Rover has temporarily paused production on certain vehicle lines at the Solihull manufacturing facility in the UK due to a supply constraint from a supplier.In a regulatory filing, Tata Motors...

In Jammu and Kashmir, Lieutenant Governor Manoj Sinha praised Prime Minister Narendra Modi for his historic decision to protect households from supply disruptions caused by the West Asia crisis. According to a report by Akashvani Jammu, in a post on X, the LG stated, "Prioritizing the well-being...

New Delhi, March 27 A reduction in excise duty on petrol and diesel by ₹10 per litre, and an increase in export duty on ATF and diesel, will result in a net revenue loss of ₹5,500 crore in two weeks, a top official said on Friday.Chairman of the Central Board of Indirect Taxes and Customs...

Mumbai, March 26 India's annual production of urea and complex fertilizers is likely to decline by 10-15 percent due to supply chain disruptions caused by the ongoing conflict in the Middle East, according to a Crisil Ratings report released on Thursday."The ongoing issues in the Middle East...

Chhatrapati Sambhajinagar, March 26 The Chhatrapati Sambhajinagar collectorate has issued a fuel purchase cap of ₹200 for two-wheelers and ₹2000 for three and four-wheelers amid the month-long West Asia crisis, an official said on Thursday.The order from the supply branch at the collector's...

Karnal (Haryana), March 26 Union Minister Manohar Lal said on Thursday that while global conflicts and geopolitical tensions pose a potential risk to the supply of petroleum products and gas, India is well-prepared to tackle such challenges and there is "no need to panic" at present.Speaking...

New Delhi, March 25 The government has mandated that the supply of cooking gas, LPG, to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a...

New Delhi, March 25 State-owned oil companies said on Wednesday that there is no shortage of petrol, diesel, or LPG in the country, urging citizens not to believe rumors circulating on social media or resort to panic buying.Indian Oil Corporation (IOC), the nation's largest oil firm, said...

New Delhi, March 24 The Aluminium Extrusion Manufacturers Association of India (ALEMA) has appealed to the government for urgent relief measures as the industry is struggling with severe shortages of LPG and PNG, triggered by the escalating crisis in the Middle East.ALEMA has urged the...

New Delhi, March 23 The Centre has directed states to prevent small coal retailers from profiting from the West Asia crisis, as global energy disruptions threaten to ripple into domestic fuel markets.Speaking to reporters on the sidelines of an event here, Coal and Mines Minister G Kishan...

Mumbai, March 23 The supply of Piped Natural Gas (PNG) to commercial establishments in Maharashtra has been increased by 20 per cent, according to state Food and Civil Supplies Minister Chhagan Bhujbal, offering relief to restaurants and eateries.The government has decided to ease PNG...