The Press Editor

New Delhi: Amid reports of an LPG (Liquefied Petroleum Gas) shortage, government sources on Tuesday said sufficient stock is available and production has been increased by 10 per cent. Sources also said that India is sourcing supplies from approximately 40 countries and has increased the share of gas imports from outside the Strait of Hormuz to 70 per cent, up from 55 per cent earlier. They also stated that all refineries in the country are operating at 100 per cent capacity and there is no need for a price increase at this time. "The gas shortage is being managed by…

New Delhi: Pieter Elbers stepped down as CEO of IndiGo, three months after a major operational crisis that left hundreds of thousands of passengers stranded. The airline announced that its managing director, Rahul Bhatia, will take over in the interim until a permanent replacement is appointed. Why did Pieter Elbers resign as IndiGo CEO?  IndiGo stated that Elbers resigned with immediate effect citing “personal reasons”  His tenure had recently come under intense scrutiny following mass flight cancellations in December 2025, which disrupted travel plans for over 300,000 passengers. Between December 3 and 5, IndiGo cancelled more than 2,500 flights and…

New Delhi: The government on Tuesday eased foreign direct investment (FDI) rules for all countries sharing borders with India, including China. Sources said that the amendment in this regard has been made in Press Note-3 of 2020. This decision was taken in the Union Cabinet meeting chaired by Prime Minister Narendra Modi. Under this press note, foreign companies with shareholders from countries sharing a land border need mandatory approval from the government to invest in any sector in India, PTI sources said.  China's share in total FDI equity The countries sharing land borders with India are China, Bangladesh, Pakistan, Bhutan,…