From homes to police stations, IGL expands PNG network amid energy supply crunch

Indraprastha Gas Ltd (IGL) is pushing expansion of PNG connections across Delhi-NCR as it looks to rapidly grow its user base and reduce dependence on LPG, its chief executive Kamal Kishore Chatiwal said.The expansion comes amid disruptions to energy supplies triggered by the Middle East conflict, which has strengthened the government’s push towards wider adoption…

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FPI profile: Foreign investors continue offloading in April, pull out Rs 48,213 crore so far

Foreign investors continued exiting Indian equities in April, offloading Rs 48,213 crore ($5.14 billion) from the cash market in just the first ten days of the month, as global uncertainty and geopolitical tensions continued to weigh on sentiment. This sustained selling comes after a historic pullback in March, when foreign portfolio investors (FPIs) exited with…

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Indian electronic firms seek PLI 2.0, eye 30–35% share in global mobile production by FY31

With the production-linked incentive (PLI) scheme now over, India’s electronics industry has pitched a fresh expansion plan, seeking continued government support as it eyes a strong jump in manufacturing and exports over the next five years. During discussions with the ministry of electronics and IT (MeitY), the industry said that by FY31, India could capture…

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