A sharp debate unfolded in the Lok Sabha as Union Petroleum and Natural Gas Minister Hardeep Singh Puri and Leader of Opposition Rahul Gandhi presented contrasting views on India’s energy security and oil imports. Responding to concerns over the global energy situation and disruptions in the Strait of Hormuz, Puri asserted that India’s crude supply remains secure and that the country has already arranged volumes exceeding what the route would have delivered during the crisis. He credited Prime Minister Narendra Modi’s diplomatic outreach for ensuring stable energy supplies. Meanwhile, Rahul Gandhi criticised the government’s approach, arguing that a nation of India’s size should independently decide its energy partnerships. He questioned why India should allow external influence, particularly from the United States, in determining whether it can purchase oil from Russia. The exchange triggered a heated discussion in Parliament over energy security, geopolitical pressures, and India’s strategic autonomy in the global oil market.
Sales of induction cooktops have surged sharply across Delhi-NCR as concerns over LPG supply disruptions grow amid the ongoing West Asia crisis. According to appliance traders, demand for induction cookers has jumped by more than 300 percent in recent days, with several popular models already going out of stock on major online platforms. Local markets are also witnessing a significant rush of buyers looking for alternative cooking solutions as delays in LPG cylinder deliveries are reported in some areas. Traders in key markets such as Karol Bagh say footfall for kitchen appliances has increased considerably, with many customers purchasing induction cooktops as a precautionary backup. Appliance trader Rohit Bhasin noted that demand has risen suddenly over the past few days, reflecting growing consumer anxiety about possible supply disruptions linked to geopolitical tensions in West Asia.
In this episode of the Business Today Podcast, Malaika Arora speaks to Aabha Bakaya about her journey from style icon to entrepreneur and investor. She discusses her growing portfolio across food, fashion and fitness, including Diva Yoga, her restaurant ventures and her latest lifestyle brand Malaika shares insights on startup investing, building authentic brands and why trusting your instincts matters in business. She also talks about affordable luxury, the opportunity in lab-grown diamonds,The conversation also touches on wellness, self-care and lessons for young founders looking to build successful businesses.
A Thai flag bulk carrier, Mayuri Nari, was struck by two projectiles while en route to India's Kandla port in Gujarat. The vessel had departed from the UAE and was attacked while passing through the Strait of Hormuz. About 20 crew members on board were rescued. Iran's Revolutionary Guards claimed responsibility for the attack, marking the first time Iran has directly targeted a commercial vessel since the conflict escalated. India has strongly condemned the attack, with the Ministry of External Affairs stating that 'precious lives, including those of Indians, have already been lost' and warning that 'the intensity and lethality of attacks in the region are increasing'. Shipping data shows more than 20 India-linked vessels remain stranded inside the Persian Gulf near the Strait of Hormuz. The attack threatens India's economic lifelines, as a significant share of India's oil and LPG imports pass through this critical maritime choke point.
The battle in West Asia is now spreading from the skies to the seas. The Strait of Hormuz- the world’s most critical oil chokepoint has become the latest flashpoint in the escalating conflict. Nearly 20–25 percent of global crude oil passes through this narrow waterway, making any disruption a major threat to global energy markets. A Thai cargo vessel was struck by a projectile near Oman, leaving the ship engulfed in smoke before its crew was rescued. The United States says it has launched strikes against Iranian mine-laying boats to keep shipping lanes open, while President Donald Trump has issued a warning to Tehran. With reports of attacks on oil tankers and naval clashes intensifying, tensions in the Gulf are rising putting global trade and energy security at serious risk.
The escalating war in West Asia appears to be pushing New Delhi toward a strategic rethink. In a significant shift, the Narendra Modi government has allowed Chinese investments in sectors such as electronics, capital goods and solar energy. Chinese firms will also be permitted to acquire up to a 10% stake in Indian companies without requiring prior government approval marking a major policy change after restrictions imposed following the 2020 Galwan clash. At the same time, India is actively engaging global powers amid the growing crisis. External Affairs Minister S. Jaishankar has spoken with Russian Foreign Minister Sergey Lavrov, while New Delhi is also maintaining regular contact with Iranian leadership. With millions of Indians living in the Gulf and a large share of energy imports passing through the region, the conflict poses serious risks to India’s economy and energy security.
The ripple effects of the escalating West Asia conflict are now being felt on the ground in Chennai, where panic buying of electrical cooking appliances has surged. Stores report that induction stoves, electric cookwares and kettles are being snapped up rapidly as people prepare for potential LPG shortages. At Satya Agencies, one of the city’s major electronics retailers with nearly 60 outlets, shelves that once stocked induction stoves and cookware now stand completely empty. Customers continue to visit stores asking for induction cooktops and kettles, only to find that stocks have run out. Retailers say the sudden spike in demand reflects growing public anxiety over fuel supply disruptions as the conflict in West Asia intensifies.
As the war in West Asia intensifies, global oil supply chains are facing fresh disruptions. With tanker movement through the Strait of Hormuz limited, energy markets are tightening, forcing countries to rethink their oil strategies. In the middle of this crisis, the United States has sparked debate after suggesting that India is being temporarily allowed to continue buying Russian oil. The White House described India as a “good actor,” hinting at a possible shift in Washington’s position on New Delhi’s Russian oil purchases. However, the statement has also raised questions about whether the move is strategic posturing by the Trump administration. U.S. Ambassador to India Sergio Gor acknowledged that India’s oil purchases from Russia are part of broader efforts to stabilise global energy markets. Meanwhile, External Affairs Minister S. Jaishankar reiterated that India has always prioritised national interest while securing energy supplies. With West Asia in turmoil and global alignments shifting, the evolving U.S.-India energy equation is drawing global attention.
A political war of words has erupted over the LPG situation as leaders from the BJP and Congress traded sharp remarks on fuel availability and rising prices. Pawan Khera alleged that commercial LPG shortages and rising prices are already affecting consumers, questioning the government’s preparedness and planning to ensure citizens do not suffer. Moreover, Commerce Minister, Piyush Goyal maintained that there is absolutely no shortage of fuel and said the government is closely monitoring the situation despite the ongoing global conflict. He added that relevant departments will continue to assess developments and update the public as needed. The exchange reflects the growing political debate around fuel supply and price pressures.
The escalating West Asia conflict is sending shockwaves through the global economy as tensions intensify around the Strait of Hormuz- one of the world’s most critical energy chokepoints. Nearly 20% of global LNG and a significant share of the world’s oil supply pass through this narrow waterway, making any disruption a major threat to energy markets in Asia and Europe. U.S. President Donald Trump has warned Iran after reports that Tehran began laying mines in the Strait, claiming American forces had already destroyed several Iranian vessels involved in the operation. Trump also hinted at the possibility of taking stronger action to keep the shipping lane open. However, experts say the U.S. cannot legally “occupy” the Strait without violating the territorial rights of Iran and Oman. As tensions rise, the world watches closely for de-escalation to prevent a prolonged global energy crisis.
The ripple effects of the West Asia war are now being felt across India, with supply of commercial LPG cylinders disrupted in several cities. Long queues have been reported outside gas agencies from Uttar Pradesh to Tamil Nadu as people rush to secure cylinders amid fears of a prolonged shortage. Videos showing scuffles and panic buying have gone viral, highlighting growing public concern that domestic LPG supplies could also be affected. Restaurants across the country are struggling to cope, with many cutting down their menus or switching to alternatives like firewood stoves to continue operations. Some eateries and canteens have even shut down temporarily due to the shortage. Officials say LNG cargoes are on their way to India and refineries are working to boost LPG production. However, with a large portion of India’s energy supplies passing through the Strait of Hormuz, the ongoing conflict continues to pose serious risks to the country’s energy security.
A massive new energy partnership is taking shape between India and the United States, with Reliance Industries joining a historic $300-billion refinery project in Texas. Announced by U.S. President Donald Trump, the Brownsville refinery is expected to become the largest energy deal in American history and the first new U.S. refinery built in nearly 50 years. Reliance has signed a 20-year fuel purchase agreement linked to 1.2 billion barrels of U.S. shale oil and 50 billion gallons of fuel output. The announcement comes amid disruptions to global oil supplies caused by the West Asia conflict, highlighting a strategic shift toward long-term energy cooperation and supply security between the two countries.
High political drama unfolded in Parliament as the Opposition moved a no-confidence motion against Lok Sabha Speaker Om Birla. The debate, expected to end in defeat for the Opposition, triggered sharp exchanges between the treasury benches and Opposition leaders. Day two of the discussion saw protests, sloganeering, and heated confrontations inside the House. Congress MPs also staged demonstrations in the Parliament complex over reports of a shortage of commercial LPG cylinders across the country. Inside Parliament, tensions escalated as Rahul Gandhi and ruling party members clashed during the debate. Congress leaders intensified their criticism, while the government strongly defended the Speaker. Union Home Minister Amit Shah responded forcefully to the allegations, backing Om Birla and attacking the Opposition’s claims. The episode has once again highlighted the growing trust deficit between the government and the Opposition during the ongoing Budget Session.
A new workplace trend called “job hugging” is gaining attention as employees increasingly choose to stay in their current roles rather than switch jobs. According to the Monster 2025 Job Hugging Report, 75% of workers say they plan to remain in their current positions until at least 2027. The survey, conducted among 1,004 employed workers in the United States, reveals that economic uncertainty and a cooling job market are major reasons behind this shift. Nearly 48% of respondents say fear and economic instability are influencing their decision to stay, while others cite pay and job security as key factors. The report also highlights generational differences, with 55% believing older workers such as Gen X and Baby Boomers are more likely to “job hug”. As hiring slows and concerns around automation and artificial intelligence grow, many employees are prioritising stability over risk, marking a significant shift in workplace trends.
The Iran war is sending shockwaves through global aviation. Airlines worldwide are facing soaring fuel prices, massive flight cancellations and major route disruptions across the Middle East — one of the busiest air corridors connecting Europe, Asia and Africa. More than 43,000 flights in the region have already been cancelled or disrupted as carriers avoid conflict zones. Jet fuel prices have surged dramatically, forcing airlines to raise ticket fares and impose new fuel surcharges. India’s aviation sector is among the hardest hit. Air India and Air India Express have announced phased fuel surcharge hikes beginning March 12, while SpiceJet has warned that carriers may have no choice but to increase fares further. Global airlines including Qantas, AirAsia, Hong Kong Airlines and Air New Zealand are also raising prices or reviewing fuel levies. Meanwhile, airlines like British Airways, Lufthansa and Air France-KLM are reshaping routes and adding flights to alternative destinations. For travellers, the result is clear — longer routes, higher fares and uncertainty for upcoming summer travel.
Prime Minister Narendra Modi highlighted the government’s efforts to empower India’s fishermen community through the growth of the Blue Economy. He said the Pradhan Mantri Matsya Sampada Yojana has allocated around ₹1,400 crore for Kerala, helping the state’s fisheries sector grow rapidly. Modi noted that the NDA government created a dedicated Fisheries Ministry and launched several initiatives to bring fishermen into the development mainstream. Support is being extended through cooperatives, fisheries farmer producer organisations, and credit guarantee schemes for youth. The government has also launched the National Fisheries Digital Platform to connect fishermen, boat owners, and exporters, making it easier for them to access schemes, technology, and new opportunities.
A severe LPG cylinder shortage in Mumbai is beginning to disrupt restaurant operations across the city, forcing many eateries to scale down their menus and alter cooking methods. In this ground report, India Today reporter Mustafa visits the kitchen of Vasant Bhuvan restaurant in Grant Road, where the impact of the crisis is clearly visible. Popular live counters serving pav bhaji and dosa have been shut, as these dishes require a significant amount of LPG for preparation. Restaurant staff say they are being forced to temporarily switch to induction stoves and coal-based cooking to continue operations. Restaurant manager Imran Qureshi explains that the ongoing shortage of LPG cylinders has made it increasingly difficult for kitchens to function normally. Many restaurants across Mumbai are struggling to maintain regular service, and owners warn that if the supply situation does not improve soon, they may be forced to halt operations entirely. With eateries already operating on thin margins, the LPG crisis is raising serious concerns for the city’s food industry. Watch this India Today ground report for an inside look at how the shortage is affecting restaurants and kitchen operations on the ground in Mumbai.
India’s IT sector is back in focus after brokerage Nuvama Institutional Equities turned bullish on the space despite recent underperformance. The brokerage has upgraded several top IT services companies including HCLTech, Wipro, Tech Mahindra and Hexaware Technologies to a “Buy” rating, highlighting strong medium-to-long-term prospects. While concerns around Artificial Intelligence disrupting traditional IT services remain, experts believe companies that adapt and integrate AI into their offerings could emerge as long-term winners. After a sharp correction, valuations across the sector have turned attractive, with several stocks trading at or below benchmark levels. Market experts suggest investors track upcoming earnings commentary closely, as companies outline how AI adoption could shape future growth for India’s IT services industry.
Raghav Chadha, MP from the Aam Aadmi Party, raised concerns in Parliament over telecom practices affecting India’s massive prepaid mobile user base. Highlighting that nearly 90% of the country’s roughly 125 crore mobile subscribers use prepaid connections, Chadha questioned the rule under which both outgoing and incoming calls stop once a recharge plan expires. He argued that a mobile number today functions as a digital identity, essential for banking OTPs, Unified Payments Interface transactions, Aadhaar authentication, job interviews, hospital calls and family communication. Calling the shutdown of incoming services unfair, he proposed that incoming calls and SMS should continue for at least one year after the last recharge, mobile numbers should not be deactivated for at least three years, and telecom operators should introduce a low-cost incoming-only plan for users who keep phones primarily for receiving calls. Chadha also criticised the telecom industry’s 28-day recharge cycle, arguing that it effectively forces consumers to recharge 13 times a year instead of the standard 12 monthly billing cycles followed across most sectors.
The escalating West Asia conflict is now shaking the global economy, with oil and gas prices surging worldwide. Tensions around the Persian Gulf and the Strait of Hormuz, a key route for nearly 20% of global oil and LNG trade, are threatening energy supplies. In the United States, gasoline prices have already jumped overnight, while motorists in France, Germany, and Poland are bracing for higher fuel costs and possible shortages. Analysts warn that prolonged instability could disrupt global shipments and push inflation higher again. From Europe to America, fuel pumps are becoming the first frontline of the war’s economic fallout, raising fears of a new global energy shock.
More than 10 days into the West Asia war, tensions between the United States and Iran are only escalating. U.S. President Donald Trump has sparked controversy after boasting that American forces destroyed over 50 Iranian ships, even describing the sinking as “fun.” His remarks, along with warnings for Iran not to “act cute,” have intensified the ongoing war of words between Washington and Tehran. Iran has strongly rejected Trump’s statements, calling them nonsensical, while also dismissing a proposed truce backed by China, Russia, and France. With no signs of de-escalation, the conflict continues to shake global markets, oil prices, and geopolitical stability.
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#Podcast | #Episode09 | From Bollywood Icon To Entrepreneur: Malaika Arora On Food, Fashion & Fitness
