Half a world away, the oil shock is having an unexpected consequence: accelerating India’s shift away from fossil-fuel-based cooking. The Hindu reports that surging global crude prices and LPG shortages are driving rapid adoption of induction and electric stoves across Indian households. For millions of families, the economics have simply tipped — electric cooking is now cheaper and more energy-efficient than relying on increasingly scarce and expensive liquefied petroleum gas.
India’s government, meanwhile, is pursuing economic resilience on other fronts. The Cabinet approved the ₹33,660 crore (approximately $4 billion) BHAVYA scheme to build world-class industrial infrastructure and accelerate manufacturing. But not every economic programme is finding traction: a separate report revealed that India’s long-delayed privatisation drive is faltering, with weak investor appetite forcing the government to consider shelving at least three planned sales of state-run companies, including Shipping Corporation of India and HLL Lifecare.