September 22, 2025 4:27 PM

Sensex, Nifty end lower amid IT selloff and H-1B visa concerns

Indian benchmark indices ended in negative territory on Monday after a volatile trading session, with IT stocks leading the declines amid concerns over the US administration’s announcement of a $100,000 fee for new H-1B visas. The Sensex closed at 82,159.97, down 466.26 points or 0.56 per cent, while the Nifty ended the day at 25,202.35, down 124.70 points or 0.49 per cent. Both indices opened in the red, reflecting cautious sentiment following global cues and uncertainty over the visa fee. ...

August 8, 2025 6:55 PM

Cabinet approves continuation of Targeted Subsidy for Pradhan Mantri Ujjwala Yojana consumers for 2025-26 at Rs 12,000 crore

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the continuation of the targeted subsidy of ₹300 per 14.2 kg LPG cylinder - for up to nine refills per year (and proportionately pro-rated for 5 kg cylinders) - for beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) during FY 2025-26. The decision entails an expenditure of ₹12,000 crore. About Pradhan Mantri Ujjwala Yojana Launched in May 2016, under the scheme each PMUY beneficiary, adult women from poor...

February 12, 2025 4:46 PM

India Energy Week 2025 highlights India’s clean cooking gas model as a blueprint for Global South

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri chaired a Ministerial Roundtable on Clean Cooking during the second day of India Energy Week 2025, showcasing India's success in ensuring universal access to clean cooking gas. Puri emphasised that India's model, driven by targeted subsidies, digitised distribution networks, and cultural shifts, offers a replicable solution for other Global South nations facing similar energy challenges. The session brought together representatives ...

January 7, 2025 4:21 PM

India’s LPG connections more than double in a decade, reach 32.83 crores in 2024

The number of LPG connections in India has more than doubled from 14.52 crore in 2014 to 32.83 crore in 2024, marking over a 100% growth, according to the Year-End Review released by the Ministry of Petroleum and Natural Gas on Tuesday. This growth reflects the government’s ongoing efforts to enhance energy access, efficiency, and sustainability in the country. A significant contributor to this expansion is the Pradhan Mantri Ujjwala Yojana (PMUY), which has provided 10.33 crore LPG connectio...