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	<title>Indian Oil Corporation Topic 2026 - The Business News</title>
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		<title>Lpg gas cylinder booking rules: Understanding  Amidst Supply Concerns</title>
		<link>https://thebusinessnews.in/lpg-gas-cylinder-booking-rules/</link>
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		<dc:creator><![CDATA[Rohan Agarwal]]></dc:creator>
		<pubDate>Wed, 25 Mar 2026 20:18:53 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[booking rules]]></category>
		<category><![CDATA[consumer rights]]></category>
		<category><![CDATA[energy supply]]></category>
		<category><![CDATA[gas cylinder]]></category>
		<category><![CDATA[geopolitical tensions]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[LPG]]></category>
		<category><![CDATA[Ministry of Petroleum]]></category>
		<category><![CDATA[Ujjwala Yojana]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/lpg-gas-cylinder-booking-rules/</guid>

					<description><![CDATA[<p>Recent concerns about LPG supply have prompted clarifications on booking rules, ensuring consumers remain informed amidst geopolitical tensions.</p>
<p>The post <a href="https://thebusinessnews.in/lpg-gas-cylinder-booking-rules/">Lpg gas cylinder booking rules: Understanding  Amidst Supply Concerns</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>The wider picture</h2>
<p>As geopolitical tensions continue to rattle global energy supply chains, concerns about the availability of liquefied petroleum gas (LPG) have surged. This backdrop has led to heightened scrutiny of LPG booking rules, with consumers eager to understand how these regulations might impact their access to this essential fuel. Amidst these worries, clarity has emerged regarding the existing booking protocols, ensuring that households can navigate the system without confusion.</p>
<p>On March 25, 2026, the Ministry of Petroleum and Natural Gas issued a statement reaffirming that there have been no changes to the LPG booking rules. This announcement comes in response to widespread reports suggesting revised timelines for booking LPG cylinders, which the ministry categorically labeled as incorrect. The existing refill booking timelines remain unchanged and continue to function under the current time limit, providing a sense of stability for consumers.</p>
<p>For households equipped with two LPG cylinders, the booking process remains straightforward, allowing them to request a refill after 35 days. Meanwhile, consumers enrolled in the Ujjwala Yojana, a government initiative aimed at providing affordable cooking fuel to underprivileged families, can book their cylinders after a waiting period of 45 days. This structure aims to ensure that those most in need are still able to access LPG without undue delay.</p>
<p>In addition to these standard booking timelines, the rules also specify that bookings for the 10 kg composite domestic cylinder will be accepted after 18 days. This smaller cylinder option caters to various consumer needs, particularly in urban settings where space may be limited. However, it is important to note that commercial cylinders are reserved exclusively for emergency services and educational institutions, further emphasizing the priority given to essential services during times of supply uncertainty.</p>
<p>Despite the clarity provided by the Ministry, the Indian Oil Corporation echoed these sentiments, stating, &#8220;Reports claiming changes in LPG refill booking timelines are incorrect.&#8221; This unified front from key stakeholders aims to quell any panic among consumers who may have been misled by rumors of impending changes. By reinforcing the existing rules, officials hope to maintain public confidence in the LPG supply chain.</p>
<p>Consumers can conveniently book LPG cylinders through various channels, including phone calls, SMS, or WhatsApp, ensuring accessibility for all. This flexibility is particularly beneficial for those who may not have easy access to digital platforms, allowing them to secure their fuel without hassle.</p>
<p>Looking ahead, observers anticipate that the Ministry will continue to monitor the global energy landscape closely. Should geopolitical tensions escalate further, officials may need to reassess the implications for domestic LPG supply and distribution. However, for now, the message is clear: the current booking rules remain in effect, and consumers can proceed with confidence in their ability to secure LPG for their households.</p>
<p>The post <a href="https://thebusinessnews.in/lpg-gas-cylinder-booking-rules/">Lpg gas cylinder booking rules: Understanding  Amidst Supply Concerns</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Petrol Shortage in Ahmedabad Sparks Panic Buying</title>
		<link>https://thebusinessnews.in/petrol-shortage-in-ahmedabad/</link>
					<comments>https://thebusinessnews.in/petrol-shortage-in-ahmedabad/#respond</comments>
		
		<dc:creator><![CDATA[Priyanka Nair]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 03:06:20 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Trending]]></category>
		<category><![CDATA[Ahmedabad]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Harsh Sanghavi]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[petrol shortage]]></category>
		<category><![CDATA[West Asia conflict]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/petrol-shortage-in-ahmedabad/</guid>

					<description><![CDATA[<p>A sudden panic over petrol shortages in Ahmedabad has led to long queues at fuel stations, despite government assurances of sufficient supplies.</p>
<p>The post <a href="https://thebusinessnews.in/petrol-shortage-in-ahmedabad/">Petrol Shortage in Ahmedabad Sparks Panic Buying</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In the bustling city of Ahmedabad, a wave of panic buying has swept through fuel stations, with long queues forming as residents scramble to fill their tanks. This unexpected situation has arisen against a backdrop of misinformation and rising global oil prices, primarily fueled by the ongoing conflict in West Asia. As fears of a petrol shortage grip the city, the state government has stepped in to reassure citizens that there is no need for alarm.</p>
<p>Deputy Chief Minister Harsh Sanghavi has been vocal in urging the public not to succumb to panic. &#8220;There is enough stock of petrol and diesel available in the state and so people need not do hoarding or panic,&#8221; he stated, emphasizing that the government is closely monitoring the fuel supply situation. His comments come as approximately 30-40% of retail outlets in Gujarat face supply issues due to logistical difficulties, yet the overall supply remains stable.</p>
<p>The Indian Oil Corporation has also confirmed that adequate stocks of petrol and diesel are available in the region, countering the rumors that have led to widespread panic. &#8220;These are not dry outs. We have checked it from the field and all petrol pumps are working normally and adequate fuel is available at all such facilities,&#8221; said Sujata Sharma, a spokesperson for the corporation. This reassurance is crucial as many residents have been misled by misinformation circulating on social media platforms regarding fuel availability.</p>
<p>The panic buying situation has been exacerbated by a sudden change in payment systems implemented by oil marketing companies, which has left some petrol pumps temporarily shut down due to supply issues. The advance payment policy was introduced as a response to refining losses faced by these companies, further complicating the situation for consumers.</p>
<p>Amidst the chaos, the price of crude oil has surged from USD 60 to USD 118-120 per barrel, a significant increase that has raised concerns about the future of fuel prices. However, officials have reiterated that India currently has a 70-day reserve of crude oil, indicating that there is no immediate threat of a fuel shortage. The government is fully prepared to ensure that petrol and diesel are available at all pumps, with regular review meetings being held to assess the situation.</p>
<p>As the situation unfolds, citizens are urged to remain calm and not to pay attention to the rumors being spread through social media or WhatsApp. Harsh Sanghavi has called for a collective effort to dispel misinformation, stating, &#8220;People should not pay attention to rumours being spread through social media or WhatsApp.&#8221; This call to action is essential as the government works to stabilize the supply chain and restore normalcy.</p>
<h2>The wider picture</h2>
<p>The panic was reportedly caused by misinformation related to the ongoing conflict in West Asia, which has raised global concerns about oil supply. As the situation continues to develop, observers are keenly watching how the government will address the logistical challenges faced by fuel retailers and the impact of rising crude oil prices on local markets. With the assurance of sufficient reserves and a commitment to transparency, officials hope to quell the fears of the public and restore confidence in the fuel supply system.</p>
<p>The post <a href="https://thebusinessnews.in/petrol-shortage-in-ahmedabad/">Petrol Shortage in Ahmedabad Sparks Panic Buying</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Petrol News Today: Gujarat and Bangladesh Face Fuel Supply Challenges</title>
		<link>https://thebusinessnews.in/petrol-news-today-gujarat-and-bangladesh-face-fuel/</link>
					<comments>https://thebusinessnews.in/petrol-news-today-gujarat-and-bangladesh-face-fuel/#respond</comments>
		
		<dc:creator><![CDATA[Rohan Agarwal]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 03:04:40 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bangladesh]]></category>
		<category><![CDATA[energy crisis]]></category>
		<category><![CDATA[fuel shortages]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[oil news]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[petrol]]></category>
		<category><![CDATA[petrol pumps]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/petrol-news-today-gujarat-and-bangladesh-face-fuel/</guid>

					<description><![CDATA[<p>Gujarat is witnessing long queues at petrol pumps amid rumors of shortages, while Bangladesh struggles with fuel supply disruptions.</p>
<p>The post <a href="https://thebusinessnews.in/petrol-news-today-gujarat-and-bangladesh-face-fuel/">Petrol News Today: Gujarat and Bangladesh Face Fuel Supply Challenges</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>What is causing the recent surge in panic buying at petrol pumps in Gujarat and the fuel shortages in Bangladesh? The answer lies in a mix of social media rumors and actual supply chain disruptions.</p>
<p>In Gujarat, long queues stretching up to five hours have formed at petrol stations as residents rushed to fill their tanks. However, authorities have confirmed that there is no actual shortage of petrol or diesel in the state. Dhimant Ghelani from the Federation of Gujarat Petroleum Dealers Association stated, <strong>&#8220;There is no actual shortage of petrol or diesel in the state.&#8221;</strong></p>
<p>The panic buying was fueled by social media speculation, which led to unnecessary anxiety among consumers. Officials have assured that the situation is expected to normalize within this week itself, as temporary disruptions were primarily caused by recent holidays.</p>
<p>To further alleviate concerns, the Indian Oil Corporation (IOC) has introduced adjustments in lifting norms to ensure smoother fuel distribution across Gujarat. Dealers can collectively procure up to 20,000 litres of fuel at a time, which should help meet the demand.</p>
<p>Meanwhile, the situation in Bangladesh is more dire. The Bangladesh Petrol Pump Owners’ Association has warned of potential petrol pump shutdowns due to ongoing fuel shortages. Many petrol stations in Dhaka and other regions have remained closed, exacerbating the crisis.</p>
<p>The fuel crunch in Bangladesh is linked to global supply disruptions, particularly those tied to escalating tensions in West Asia. This has created a ripple effect, leading to fears of shortages and further panic buying among consumers.</p>
<p>As both regions grapple with these challenges, the Federation of Gujarat Petroleum Dealers Association has reiterated that there is no need for alarm in Gujarat. However, the situation in Bangladesh remains precarious, with many petrol pumps still shuttered.</p>
<p>Details remain unconfirmed regarding the extent of the fuel crisis in Bangladesh, but the implications for consumers are clear: vigilance and preparedness are essential as the situation continues to evolve.</p>
<p>The post <a href="https://thebusinessnews.in/petrol-news-today-gujarat-and-bangladesh-face-fuel/">Petrol News Today: Gujarat and Bangladesh Face Fuel Supply Challenges</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Petrol News: Gujarat Government Addresses Fuel Shortage Rumors</title>
		<link>https://thebusinessnews.in/petrol-news-gujarat-government-addresses-fuel-shortage/</link>
					<comments>https://thebusinessnews.in/petrol-news-gujarat-government-addresses-fuel-shortage/#respond</comments>
		
		<dc:creator><![CDATA[Priyanka Nair]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 03:04:40 +0000</pubDate>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[fuel distribution]]></category>
		<category><![CDATA[fuel shortage]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Gujarat government]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[petrol news]]></category>
		<category><![CDATA[petrol pumps]]></category>
		<category><![CDATA[Petroleum Dealers Association]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/petrol-news-gujarat-government-addresses-fuel-shortage/</guid>

					<description><![CDATA[<p>In Gujarat, panic buying at petrol pumps has sparked concerns over fuel shortages, but officials assure that supplies remain stable.</p>
<p>The post <a href="https://thebusinessnews.in/petrol-news-gujarat-government-addresses-fuel-shortage/">Petrol News: Gujarat Government Addresses Fuel Shortage Rumors</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>In recent days, Gujarat has witnessed a wave of panic buying at petrol pumps, fueled by rumors of a potential fuel shortage. This situation has left many residents anxious, with reports of families calling relatives to rush to refill their tanks. The chaos at the pumps has raised concerns about the availability of petrol and diesel in the state.</p>
<p>However, the Gujarat government has stepped in to quell these fears, assuring the public that there is sufficient stock of both petrol and diesel available across all retail outlets. Mona Khandhar, a government spokesperson, emphasized, &#8220;Sufficient quantities of petrol and diesel are available at all petrol pumps in the state as per requirement.&#8221; This statement aims to reassure citizens amidst the rising tensions.</p>
<p>Adding to the clarity, the Indian Oil Corporation confirmed that supplies to retail outlets are continuing smoothly, despite the operational changes that have recently disrupted fuel distribution. These changes have led to some petrol pumps imposing temporary rationing, particularly for two-wheelers, with a cap of 200 liters per fill-up.</p>
<p>Mehul Patel, a dealer, explained the challenges faced by petrol stations, stating, &#8220;Earlier, dealers would pay after receiving fuel deliveries. Now, payments have to be made in advance as companies require liquidity.&#8221; This shift in operational protocols has contributed to the disruptions in fuel distribution, causing some dealers to struggle with replenishment cycles.</p>
<p>In response to the situation, the state government has warned that legal action will be taken against dealers who keep their pumps closed despite having adequate stock. This measure aims to ensure that fuel remains accessible to the public and to prevent further panic.</p>
<p>Citizens have been urged not to panic or queue excessively at petrol pumps, as officials maintain that adequate fuel supplies are available. The President of the Petroleum Dealers Association of India reiterated, &#8220;There is no fuel shortage in Gujarat and none is expected in the future,&#8221; further reinforcing the government&#8217;s stance.</p>
<p>As the situation unfolds, observers are closely monitoring the response from both the government and the dealers. The hope is that with continued communication and assurance from officials, the chaos at petrol pumps will subside, restoring normalcy for residents across Gujarat.</p>
<p>The post <a href="https://thebusinessnews.in/petrol-news-gujarat-government-addresses-fuel-shortage/">Petrol News: Gujarat Government Addresses Fuel Shortage Rumors</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Iocl: Fuel Supply Uninterrupted Amid Recruitment and Dividend Announcements</title>
		<link>https://thebusinessnews.in/iocl-fuel-supply-uninterrupted-amid-recruitment-and-dividend/</link>
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		<dc:creator><![CDATA[Kavya Menon]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 23:33:03 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[apprenticeship]]></category>
		<category><![CDATA[dividend]]></category>
		<category><![CDATA[energy sector]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[IOCL]]></category>
		<category><![CDATA[petroleum]]></category>
		<category><![CDATA[recruitment]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/iocl-fuel-supply-uninterrupted-amid-recruitment-and-dividend/</guid>

					<description><![CDATA[<p>Indian Oil Corporation Limited (IOCL) has confirmed that fuel supply across the country remains uninterrupted, alongside new recruitment and dividend announcements.</p>
<p>The post <a href="https://thebusinessnews.in/iocl-fuel-supply-uninterrupted-amid-recruitment-and-dividend/">Iocl: Fuel Supply Uninterrupted Amid Recruitment and Dividend Announcements</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Fuel Supply Assurance</h2>
<p>Indian Oil Corporation Limited (IOCL) has assured that fuel supply across the country remains uninterrupted. All fuel stations nationwide are fully operational with adequate stocks of petrol, diesel, and other petroleum products. Consumers have been advised to rely only on verified information and continue refuelling as usual.</p>
<h2>Apprenticeship Recruitment</h2>
<p>In addition to ensuring fuel availability, IOCL has released the IOCL Apprenticeship Recruitment 2026 notification for 405 apprentice posts. This recruitment drive aims to engage trade, technician, and graduate apprentices under the Apprentices Act. Candidates must meet educational and age requirements specified in the official notification to apply for the apprenticeship programme.</p>
<p>The minimum age to apply for the apprenticeship is 18 years, while the maximum age is set at 24 years. The apprenticeship programme provides candidates with hands-on training in technical and operational roles within IOCL facilities.</p>
<h2>Interim Dividend Announcement</h2>
<p>Furthermore, Indian Oil Corporation Ltd has announced an interim dividend of Rs. 2.00 per share, with both the ex-date and record date set for 12 March 2026. This announcement reflects the company&#8217;s commitment to providing returns to its shareholders amidst ongoing operations.</p>
<p>Details remain unconfirmed regarding the broader implications of these announcements on IOCL&#8217;s future operations and workforce development. Stakeholders are encouraged to stay informed as further developments unfold.</p>
<p>The post <a href="https://thebusinessnews.in/iocl-fuel-supply-uninterrupted-amid-recruitment-and-dividend/">Iocl: Fuel Supply Uninterrupted Amid Recruitment and Dividend Announcements</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Iocl: Fuel Supply and Apprenticeship Updates from Indian Oil Corporation Limited</title>
		<link>https://thebusinessnews.in/iocl-fuel-supply-and-apprenticeship-updates-from-indian/</link>
					<comments>https://thebusinessnews.in/iocl-fuel-supply-and-apprenticeship-updates-from-indian/#respond</comments>
		
		<dc:creator><![CDATA[Priyanka Nair]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 14:19:44 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[apprenticeship]]></category>
		<category><![CDATA[dividend]]></category>
		<category><![CDATA[energy sector]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[IOCL]]></category>
		<category><![CDATA[petroleum]]></category>
		<category><![CDATA[recruitment]]></category>
		<category><![CDATA[training]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/iocl-fuel-supply-and-apprenticeship-updates-from-indian/</guid>

					<description><![CDATA[<p>Indian Oil Corporation Limited (IOCL) has confirmed that fuel supply across the country remains uninterrupted while also announcing an apprenticeship recruitment drive.</p>
<p>The post <a href="https://thebusinessnews.in/iocl-fuel-supply-and-apprenticeship-updates-from-indian/">Iocl: Fuel Supply and Apprenticeship Updates from Indian Oil Corporation Limited</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Uninterrupted Fuel Supply</h2>
<p>Indian Oil Corporation Limited (IOCL) has assured that fuel supply across the country remains uninterrupted. All fuel stations nationwide are fully operational with adequate stocks of petrol, diesel, and other petroleum products. Consumers have been advised to rely only on verified information and continue refuelling as usual.</p>
<h2>Apprenticeship Recruitment for 2026</h2>
<p>In addition to ensuring fuel availability, IOCL has released the IOCL Apprenticeship Recruitment 2026 notification for 405 apprentice posts. This recruitment drive aims to engage trade, technician, and graduate apprentices under the Apprentices Act.</p>
<p>To apply for the apprenticeship programme, candidates must meet specific educational and age requirements as outlined in the official notification. The minimum age to apply is 18 years, while the maximum age is 24 years.</p>
<p>The apprenticeship programme provides candidates with hands-on training in technical and operational roles within IOCL facilities, contributing to skill development in the oil and energy sector.</p>
<h2>Interim Dividend Announcement</h2>
<p>Furthermore, Indian Oil Corporation Ltd has announced an interim dividend of Rs. 2.00 per share, with both the ex-date and record date set for 12 March 2026. This announcement reflects the company&#8217;s ongoing commitment to its shareholders amidst its operational activities.</p>
<p>As IOCL continues to navigate the complexities of the energy market, details remain unconfirmed regarding future developments in both fuel supply and apprenticeship initiatives.</p>
<p>The post <a href="https://thebusinessnews.in/iocl-fuel-supply-and-apprenticeship-updates-from-indian/">Iocl: Fuel Supply and Apprenticeship Updates from Indian Oil Corporation Limited</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Indian Oil One: Two Oil Tankers Arrive in India Amid Energy Supply Concerns</title>
		<link>https://thebusinessnews.in/indian-oil-one/</link>
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		<dc:creator><![CDATA[Kavya Menon]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 14:17:58 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[energy supply]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Iraq]]></category>
		<category><![CDATA[LPG]]></category>
		<category><![CDATA[oil tankers]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[shipping safety]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/indian-oil-one/</guid>

					<description><![CDATA[<p>Two oil tankers carrying approximately 3 million barrels of oil have arrived in India, raising hopes for increased energy supplies amidst ongoing tensions in the region.</p>
<p>The post <a href="https://thebusinessnews.in/indian-oil-one/">Indian Oil One: Two Oil Tankers Arrive in India Amid Energy Supply Concerns</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Two Oil Tankers Arrive in India</h2>
<p>On March 12, 2026, two oil tankers carrying roughly <strong>3 million barrels</strong> of West Asian oil arrived in India, marking a significant development in the country&#8217;s energy supply amid ongoing geopolitical tensions. One of the tankers, the Liberia-flagged <strong>Shenlong</strong>, is transporting around <strong>1 million barrels</strong> of crude oil from Saudi Arabia, while the other is an India-flagged VLCC carrying approximately <strong>2 million barrels</strong> from Iraq.</p>
<p>The arrival of these tankers has raised hopes for more energy supplies to India, especially as the nation relies on imports for around <strong>60%</strong> of its liquefied petroleum gas (LPG) requirement, with <strong>90%</strong> of these imports passing through the strategically vital Strait of Hormuz.</p>
<h2>Diplomatic Engagements and Energy Security</h2>
<p>In light of the current situation, India is actively negotiating with Iran to ensure the safe passage of vessels headed to its shores. Randhir Jaiswal, the External Affairs Minister of India, noted, &#8220;The External Affairs Minister and the Foreign Minister of Iran have had three conversations in recent days.&#8221; This diplomatic engagement aims to keep the sea route open for Indian vessels, ensuring that shipments of crude oil and LPG continue without major disruption.</p>
<p>However, disruptions linked to the ongoing conflict involving the US, Israel, and Iran, along with instability around the Strait of Hormuz, have triggered a shortage of commercial LPG in India. Observers note that these developments have significantly affected the hospitality sector, which relies heavily on consistent LPG supplies.</p>
<p>On the same day, the Indian Oil Corporation (IOC) recorded a total traded volume of <strong>56,34,938</strong> shares, with its stock opening at <strong>₹157.40</strong>, down <strong>2.01%</strong> from the previous close of <strong>₹160.63</strong>. The last traded price was <strong>₹157.20</strong>, reflecting a day&#8217;s loss of <strong>1.43%</strong>. IOC currently holds a market capitalization of <strong>₹2,26,928 crores</strong>.</p>
<p>As the situation unfolds, the exact permission status from Iran for the two oil tankers to cross the Strait of Hormuz remains unclear. Additionally, the long-term implications of the current disruptions in LPG supply are uncertain. PM Modi has reportedly emphasized that the challenges faced are not unique to India, assuring that the government is prepared to handle any disruptions effectively.</p>
<p>Details remain unconfirmed.</p>
<p>The post <a href="https://thebusinessnews.in/indian-oil-one/">Indian Oil One: Two Oil Tankers Arrive in India Amid Energy Supply Concerns</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>IOCL Apprentice Recruitment 2026</title>
		<link>https://thebusinessnews.in/iocl-apprentice-recruitment-2026/</link>
					<comments>https://thebusinessnews.in/iocl-apprentice-recruitment-2026/#respond</comments>
		
		<dc:creator><![CDATA[Aditya Verma]]></dc:creator>
		<pubDate>Wed, 11 Mar 2026 17:15:41 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[2026]]></category>
		<category><![CDATA[apprentice positions]]></category>
		<category><![CDATA[apprenticeship]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[IOCL]]></category>
		<category><![CDATA[NAPS]]></category>
		<category><![CDATA[NATS]]></category>
		<category><![CDATA[recruitment]]></category>
		<category><![CDATA[Western Region]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/iocl-apprentice-recruitment-2026/</guid>

					<description><![CDATA[<p>IOCL has released an official notification for 405 apprentice positions, with applications open until March 26, 2026. The recruitment is under the Apprentices Act, 1961.</p>
<p>The post <a href="https://thebusinessnews.in/iocl-apprentice-recruitment-2026/">IOCL Apprentice Recruitment 2026</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>IOCL Announces 405 Apprentice Positions for 2026</h2>
<p>Indian Oil Corporation Limited (IOCL) has officially announced the recruitment of 405 Trade, Technician, and Graduate Apprentice posts, marking a significant opportunity for job seekers in the Western Region of India. The online application process commenced on March 11, 2026, and will remain open until March 26, 2026.</p>
<p>The apprenticeship opportunities are spread across several states, including Maharashtra, Gujarat, Goa, Madhya Pradesh, Chhattisgarh, Dadra and Nagar Haveli, and Daman and Diu. This initiative aims to enhance skill development among youth in these regions.</p>
<p>To be eligible, candidates must be between 18 and 24 years of age as of February 28, 2026. The requirements vary by position: Technician Apprentice candidates need a three-year full-time diploma in the relevant engineering discipline, achieving at least 50% marks (or 45% for reserved categories). Trade Apprentice candidates must have completed Matriculation along with a two-year ITI course recognized by NCVT or SCVT.</p>
<p>Graduate Apprentice candidates are required to possess a full-time bachelor’s degree in any discipline, while Data Entry Operator candidates must have completed Class 12 and possess additional skill certification for skilled categories.</p>
<p>The selection process will be merit-based, with no written examination or interview involved. This streamlined approach aims to attract a diverse range of applicants and facilitate a fair selection process.</p>
<p>The apprenticeship training period is set for 12 months, providing participants with practical experience and exposure to the industry. Candidates must apply through the National Apprenticeship Promotion Scheme (NAPS) or the National Apprenticeship Training Scheme (NATS) portals only.</p>
<p>This recruitment drive is being conducted under the Apprentices Act, 1961, emphasizing the government&#8217;s commitment to enhancing vocational training and employment opportunities for the youth.</p>
<p>As the application deadline approaches, candidates are encouraged to prepare their documents and submit their applications promptly. Further developments regarding the selection process and training schedules are anticipated, but details remain unconfirmed.</p>
<p>The post <a href="https://thebusinessnews.in/iocl-apprentice-recruitment-2026/">IOCL Apprentice Recruitment 2026</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Gas cylinder price</title>
		<link>https://thebusinessnews.in/gas-cylinder-price-2/</link>
					<comments>https://thebusinessnews.in/gas-cylinder-price-2/#respond</comments>
		
		<dc:creator><![CDATA[Kavya Menon]]></dc:creator>
		<pubDate>Tue, 10 Mar 2026 23:19:56 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[AHAR]]></category>
		<category><![CDATA[Chennai Hotel Association]]></category>
		<category><![CDATA[commercial LPG]]></category>
		<category><![CDATA[Essential Commodities Act]]></category>
		<category><![CDATA[gas cylinder price]]></category>
		<category><![CDATA[hospitality sector]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[LPG prices]]></category>
		<category><![CDATA[oil marketing]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/gas-cylinder-price-2/</guid>

					<description><![CDATA[<p>The price of gas cylinders in India has seen a significant increase, impacting both domestic and commercial users. Observers are concerned about the ongoing supply issues.</p>
<p>The post <a href="https://thebusinessnews.in/gas-cylinder-price-2/">Gas cylinder price</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Recent Price Increases</h2>
<p>The price of a 14.2-kg domestic LPG cylinder in India has been increased by 60 rupees, raising the cost from 853 rupees to 913 rupees in Delhi. Similar price adjustments have been made across major metropolitan cities, with the new rates set at 912.50 rupees in Mumbai, 939 rupees in Kolkata, and 928.50 rupees in Chennai.</p>
<p>In addition to the domestic cylinder price hike, the rates for commercial LPG gas cylinders have also risen significantly, with an increase of 115 rupees. This change has raised alarms among various stakeholders, particularly in the hospitality sector.</p>
<h2>Impact on the Hospitality Sector</h2>
<p>An acute shortage of commercial LPG cylinders is currently disrupting operations in the hospitality sector, particularly in cities like Mumbai, Bengaluru, and Chennai. Reports indicate that at least 20 percent of hotels and restaurants in Mumbai have temporarily shut down due to the LPG cylinder shortage.</p>
<p>AHAR, the Indian Hotels and Restaurants Association, has expressed concerns regarding the availability of commercial cylinders, stating, &#8220;Despite being a basic operational requirement for restaurants and hotels, commercial cylinders are becoming increasingly difficult to obtain through proper channels.&#8221; This situation has raised questions about the sustainability of operations in the hospitality industry.</p>
<h2>Government Response</h2>
<p>In response to the ongoing crisis, the Indian government has increased the LPG booking period from 21 days to 25 days in an effort to curb hoarding. Additionally, the government has invoked the Essential Commodities Act to ensure the supply of natural gas remains prioritized.</p>
<p>Officials have emphasized that the supply of natural gas must be treated as a priority allocation and maintained at 100 percent of the average consumption over the past six months, subject to operational availability.</p>
<h2>Looking Ahead</h2>
<p>Details remain unconfirmed regarding the exact impact of ongoing geopolitical conflicts on future gas cylinder prices. Observers are closely monitoring the situation as the hospitality sector grapples with these challenges and the broader implications for consumers across India.</p>
<p>The post <a href="https://thebusinessnews.in/gas-cylinder-price-2/">Gas cylinder price</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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		<title>Gas cylinder price</title>
		<link>https://thebusinessnews.in/gas-cylinder-price/</link>
					<comments>https://thebusinessnews.in/gas-cylinder-price/#respond</comments>
		
		<dc:creator><![CDATA[Rohan Agarwal]]></dc:creator>
		<pubDate>Tue, 10 Mar 2026 15:09:05 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[AHAR]]></category>
		<category><![CDATA[Chennai Hotel Association]]></category>
		<category><![CDATA[commercial LPG]]></category>
		<category><![CDATA[essential commodities]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[gas cylinder price]]></category>
		<category><![CDATA[hospitality sector]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[LPG prices]]></category>
		<guid isPermaLink="false">https://thebusinessnews.in/gas-cylinder-price/</guid>

					<description><![CDATA[<p>The price of gas cylinders in India has seen a significant increase, impacting both domestic and commercial users, particularly in the hospitality sector.</p>
<p>The post <a href="https://thebusinessnews.in/gas-cylinder-price/">Gas cylinder price</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Background on Gas Cylinder Prices</h2>
<p>The price of a 14.2-kg domestic LPG cylinder was hiked due to geopolitical disruptions to fuel supply. This increase has raised concerns among consumers and businesses reliant on these essential commodities.</p>
<h2>Recent Developments</h2>
<p>Oil marketing companies have increased the prices of non-subsidised domestic LPG gas cylinders by <strong>60 rupees</strong> across metropolitan cities in India. In Delhi, the price for a 14.2 kilogram gas cylinder has risen from <strong>853 rupees</strong> to <strong>913 rupees</strong>. New rates for LPG cylinders in other major cities include <strong>912.50 rupees</strong> in Mumbai, <strong>939 rupees</strong> in Kolkata, and <strong>928.50 rupees</strong> in Chennai.</p>
<p>Additionally, rates for commercial LPG gas cylinders have been increased by <strong>115 rupees</strong>, further impacting businesses that rely on these supplies.</p>
<h2>Impact on the Hospitality Sector</h2>
<p>An acute shortage of commercial LPG cylinders is disrupting the hospitality sector in cities like Mumbai, Bengaluru, and Chennai. Reports indicate that at least <strong>20 percent</strong> of hotels and restaurants in Mumbai had to shut down temporarily due to the LPG cylinder shortage.</p>
<h2>Responses from Key Parties</h2>
<p>The AHAR &#8211; Indian Hotels and Restaurants Association has expressed concerns, stating, &#8220;Despite being a basic operational requirement for restaurants and hotels, commercial cylinders are becoming increasingly difficult to obtain through proper channels.&#8221; This sentiment reflects the growing frustration among hospitality operators.</p>
<p>In response to the situation, the Indian government has increased the LPG booking period from <strong>21 days</strong> to <strong>25 days</strong> to curb hoarding, invoking the Essential Commodities Act to ensure the supply of natural gas.</p>
<h2>Looking Ahead</h2>
<p>Officials have emphasized that the supply of natural gas must be treated as a priority allocation, stating that it should be maintained subject to operational availability to meet one hundred percent of average past six-month gas consumption.</p>
<p>Details remain unconfirmed regarding the exact impact of ongoing geopolitical conflicts on future gas cylinder prices, leaving consumers and businesses in a state of uncertainty.</p>
<p>The post <a href="https://thebusinessnews.in/gas-cylinder-price/">Gas cylinder price</a> appeared first on <a href="https://thebusinessnews.in">The Business News</a>.</p>
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