LPG, LNG and India’s production, supply and distribution | Explained

Liquified Petroleum Gas (LPG) is largely used for cooking gas across India. | Photo Credit: Nagara Gopal The West Asia conflict has sharply stressed India’s use of natural gas and cooking gas for a variety of applications. The government has today issued directives to prioritise cooking gas supplies.   Liquified Petroleum Gas (LPG) is largely used for cooking gas across India. The…

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Centre withdraws revised earthquake zoning after backlash from Ministries, infrastructure agencies

Less than four months after issuing a revision to India’s earthquake zoning framework, the Centre has withdrawn its own notification following a major backlash from several government departments, Metro Rail corporations and infrastructure authorities that apprehended a surge in construction costs of marquee projects nationwide, The Hindu has learnt.  The Bureau of Indian Standards (BIS) had issued…

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Gold price will continue to rise as central banks continue to diversify into non-dollar reserves: SBI Research

As central banks continue to diversify into non-dollar reserves, with a marked increase in their gold holdings, the gold price is expected to rise further, per an assessment by SBI’s Economic Research Department. They also hinted that Central Banks, especially the US Fed, may go in for gold reserve revaluation as a quick fix for…

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