30 May 2026
India Wants 30 Days of Cooking Gas in Reserve. Two Months Ago, It Had 12.
India's 30-day LPG storage mandate tells state fuel retailers to stockpile cooking gas. The policy is clear. The infrastructure to meet it isn't.
Markets, companies, startups, and economic policy affecting India.
India's 30-day LPG storage mandate tells state fuel retailers to stockpile cooking gas. The policy is clear. The infrastructure to meet it isn't.
Four fuel hikes in 10 days add ₹7.50 a litre — petrol crosses ₹102 in Delhi. Yet OMCs still bleed ₹600 crore a day. In this math, nobody wins. [The RBI held the repo rate at 5.25% in June 2026 — four fuel hikes in 10 days were a key reason it couldn't cut](/rbi-mpc-june-2026-repo-rate-decision-inflation-growth-trap/).
Air India engine fire on AI 2802 Bengaluru-Delhi and a tail strike on AI 2651 the same day. The $2.8 billion FY26 loss hasn't fixed the maintenance gap.
RBI's record ₹2.87 lakh crore dividend came after it cut its safety buffer from 7.5% to 6.5% and earned profits defending a record-low rupee.
India hit a 270 GW power demand record amid the May 2026 heatwave — four straight days of peaks. The grid held. Coal made that possible, and that's the problem.
1.2 crore gig workers struck for 5 hours on May 16 after India's first fuel price hike in four years broke their per-delivery margins.
The rupee crossed 96 for a record low on May 15 as oil hit $110 and FPIs pulled ₹27,048 crore. India's painless options are gone — what's left hurts.
India hiked petrol and diesel ₹3 per litre — the first increase in four years. Delhi petrol is now ₹97.77. The Iran war just reached your tank.
Vodafone Idea's ₹51,970 crore Q4 profit came from a ₹58,116 crore AGR gain. Underlying business still lost ₹5,521 crore. Birla adds ₹4,730 crore.
Air India's $2.8B FY26 loss — worst since Tata's takeover — comes as Iran war, Pakistan ban, and fuel spikes force 27% flight cuts. What happens next.