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Bitcoin crossed the $80,000 level on Monday, briefly touching a three-month high around $80,526 before slight profit-taking. The rally was driven by strong ETF inflows and improved investor sentiment. Analysts say institutional demand continues to support prices, with crypto markets gaining momentum and altcoins also rising alongside Bitcoin’s upward trend.
India’s LPG consumption fell 16% in April 2026 to about 2.2 million tonnes, driven by supply disruptions linked to the West Asia conflict affecting imports via the Strait of Hormuz. Household supply was prioritised over commercial users, while global instability also impacted fuel demand trends across diesel, petrol, and aviation sectors.
The Sensex gained 356 points, closing at 77,269.40 and Nifty crossed 24,100 but ended below intraday highs due to weakness in IT and banking stocks amid election volatility. BJP led in West Bengal and Assam, UDF in Kerala, while TVK surged in Tamil Nadu. Mid and small caps rose, realty and metal outperformed, and Brent […]
Here are the prices of 19-kg Commercial LPG cylinders today in top cities in India. ★Delhi: ₹3071, ★Gurgaon: ₹3088, ★Kolkata: ₹3071, ★Mumbai: ₹3150, ★Chennai: ₹3250, ★Bangalore: ₹3250, ★Bhubaneswar: ₹3150, ★Chandigarh: ₹3092, ★HYD: ₹3250, ★Jaipur: ₹3150, ★ Lucknow: ₹3180, ★Patna: ₹3131, ★Trivandrum: ₹3071, ★Nagpur: ₹3071, ★Tirupati: ₹3250, and ★Vizag: ₹3250.
The government has proposed rules to allow higher ethanol-blended fuels like E85 (85% ethanol) and E100 (nearly pure ethanol) in India. This move aims to cut oil imports and boost clean energy use. However, it will require flex-fuel vehicles and new infrastructure, as most current engines are not compatible with high ethanol blends.
The UAE’s exit from OPEC and OPEC+ is expected to reshape global oil trade amid Iran-related tensions and disruptions in the Strait of Hormuz. India may benefit as the UAE can raise output and supply more crude through the Fujairah port and Habshan pipeline, bypassing Hormuz and strengthening energy security and import flexibility.
Sensex rose 609 points and Nifty closed above 24,100, led by FMCG, auto, and realty stocks. ITC, Tech Mahindra, and Maruti were top gainers. Brent crude surged 3.11% to $114.72 per barrel amid US-Iran tensions and UAE’s OPEC exit. MidCap fell 0.13%, while SmallCap gained 0.71%, with Q4 earnings in focus.
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, April 17, 2026. The Sensex started trading today at 77245.83, up at 358.92 points or 0.47%, and the Nifty was at 24096.90, up at 101.20 points or 0.42%. Meanwhile, the Indian rupee was trading today at 94.77 against the dollar.
With global crude oil touching $120 per barrel and elections nearing completion, concerns over fuel price hikes in India are rising. However, the government has repeatedly stated there is no immediate plan to increase petrol or diesel prices. Experts suggest hikes may occur after elections, depending on global trends and economic pressures.
From May 1, LPG rules will tighten with mandatory OTP-based delivery to prevent misuse. Booking intervals increase to 25 days in cities and up to 45 in rural areas. Consumers must link mobile numbers and track eligibility. Prices may rise due to supply issues, and stricter monitoring aims to ensure fair distribution.
Crude oil has climbed close to $110 per barrel as West Asia tensions and stalled US-Iran talks tighten global supply. The surge raises concerns for India, a major importer, as it could push inflation, increase fuel import bills, and pressure the rupee. Experts warn prolonged high prices may affect growth, transport costs, and household budgets […]
Hyderabad is witnessing fuel queues again, but officials say there is no real shortage. The situation is driven mainly by panic buying triggered by rumours of global oil disruptions linked to US–Iran tensions. Some petrol pumps also face credit and delivery issues. Authorities insist supply remains stable and adequate across Telangana.
India and Russia are fast-tracking a ₹20,000-crore joint venture urea plant in Togliatti, Russia, with a capacity of 2 million tonnes annually. The project, involving Indian firms and Uralchem, is expected to be completed in two years. It aims to secure fertiliser supply as the Middle East conflict disrupts global markets.
Indian markets ended lower on Monday as rising Brent crude, driven by US-Iran peace uncertainty, weighed on sentiment. Sensex fell 417 points and Nifty slipped below 24,000. Broader markets gained, while banking stocks lagged. Oil & gas and metals outperformed. Investors also awaited multiple Q4 earnings from major companies across sectors.
Six major fossil fuel companies are projected to earn about $2,967 every second, according to an Oxfam report. Their combined profits may reach $94 billion while households face rising energy bills. The study highlights growing inequality, as geopolitical tensions deepen the cost-of-living crisis.