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There is no foundation funded journalism in India: Shekhar Gupta

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MUMBAI:  Social media is the new hub for news breaks.  The role that the platform played during the recently concluded ‘election of the century’ set the tone for the future of journalism in the country.  And stressing on the same was India Today group editor in chief of news properties and vice –chairman Shekhar Gupta at a session on ‘Media and Governance’ at Indian Merchants Chamber.

 

Gupta said that social media like Twitter will affect governance in India. Calling social media as the new form of journalism that is used to break many stories, he also cautioned that it spreads urban mythologies. He went on to add that  if a war like situation arises, leaders having mass following on Twitter will find it difficult to control a “Twitter storm” from the Twitterati.  Gupta also expects the new government to make phone calls to media owners and it is during this time the media will be tested he said.

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Speaking about the turnover of the Indian media industry he quoted  a press article which mentions that the total turnover of the Indian media industry including entertainment is less than that  of telecom giant Bharti Airtel.

 

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He pointed out that India’s demographics and an aggressive literate policy were fuelling the growth in Indian media. He compared the outburst of channels and publications in the media to the 1962 war where the Indian army had expanded suddenly. He also lamented about the fact that today’s TV journalist were inadequately trained in classrooms as well as newsrooms and as such the media is going down the value chain.

 

At a time when serious discussions are taking place about media ownership with the latest one being Reliance Industries’ acquisition of Network18, Gupta said that the media has always been owned by the corporate and stated, “There is no foundation funded journalism in India”. He also said that large corporate companies are not in the business to milk money out of media organisations as for them the investment is too less.  Gupta said the only worry for him was “funny people” owning the media. He explained how a particular political family at the regional level controls the distribution of media in a north Indian state.

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Speaking about the ad revenue of news channels, he explained that FMCG advertisers like soaps, toothpastes and aerated drinks first go to general entertainment channels (GECs) like Star Plus, Colors or Sony where they get high viewership. The second option is sports channels which again have high viewership and last in line are news channels that have no choice left and have to offer ad slots at cheaper rates.

 

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Gupta was previously the editor in chief of Indian Express and a well known host on NDTV for his show Walk the Talk. When asked what will be his new role at India Today group, he said that his essential job was still the same although it was a different universe. “It is still what it was, except it is not a broadsheet daily. This group is diverse as it has 36 titles including magazines and channels like Headlines Today and Aaj Tak,” he said.

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Induction cooktop demand spikes 30× amid LPG supply concerns

Supply worries linked to West Asia tensions push households and restaurants to turn to electric cooking alternatives

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MUMBAI: As geopolitical tensions in West Asia ripple through global energy supply chains, the familiar blue flame in Indian kitchens is facing an unexpected challenger: electricity.

What began as concerns over the availability of liquefied petroleum gas (LPG) has quickly evolved into a technology-driven shift in cooking habits. Households across India are increasingly turning to induction cooktops and other electric appliances, initially as a backup but now, for many, a necessity.

A sudden surge in demand

Recent data from quick-commerce and grocery platform BigBasket highlights the scale of the shift. According to Seshu Kumar Tirumala, the company’s chief buying and merchandising officer, demand for induction cooktops has risen dramatically.

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“Induction cooktops have seen a significant surge in demand, recording a fivefold jump on 10 March and a thirtyfold spike on 11 March,” Tirumala said.

The increase stands out sharply when compared with broader kitchen appliance trends. Most appliance categories are growing within 10 per cent of their typical demand levels, while induction cooktops have witnessed explosive growth as households rush to secure an alternative cooking option.

Major e-commerce platforms including Amazon and Flipkart have reported rising searches and orders for induction stoves. Quick-commerce apps such as Blinkit and Zepto have also witnessed stock shortages in major metropolitan areas including Delhi, Mumbai and Bengaluru.

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What was once considered a convenient appliance for hostels, small kitchens or occasional use has suddenly become an essential addition in many homes.

A crisis thousands of miles away

The trigger for this shift lies far beyond India’s kitchens.

Escalating conflict in the Middle East has disrupted shipping routes through the Strait of Hormuz, one of the world’s most critical energy corridors. Nearly 85 to 90 per cent of India’s LPG imports pass through this narrow waterway, making the country particularly vulnerable to supply disruptions.

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The ripple effects have been swift.

India currently meets roughly 60 per cent of its LPG demand through imports, and tightening global supply has already begun to affect domestic availability and prices.

Earlier this month, the price of domestic LPG cylinders increased by Rs 60, while commercial cylinders rose by more than Rs 114.

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To discourage panic buying and hoarding, the government has also extended the mandatory waiting period between domestic refill bookings from 21 days to 25 days.

Restaurants feel the pressure

The strain is not limited to households. Restaurants, hotels and roadside eateries are also grappling with supply constraints as commercial LPG availability tightens under restrictions imposed through the Essential Commodities Act.

In cities such as Bengaluru and Chennai, restaurant associations report that commercial LPG availability has dropped by as much as 75 per cent, forcing many establishments to rethink their kitchen operations.

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Some restaurants have reduced menu offerings, while others are rapidly installing high-efficiency induction systems, creating hybrid kitchens where electricity now shares the workload with gas.

For smaller eateries and roadside dhabas, the shift is less about sustainability and more about survival.

A potential structural shift

The government has maintained that there is no nationwide LPG crisis and has directed refineries to increase production to stabilise supply.

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Nevertheless, the developments of March 2026 may already be triggering a longer-term behavioural shift.

For decades, LPG has been the backbone of cooking in Indian households. However, recent disruptions have highlighted the risks of relying on a single fuel source.

Increasingly, households appear to be hedging against uncertainty by adopting electric cooking options to guard against price volatility and delivery delays.

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If the current trend continues, the induction cooktop, once viewed as a niche appliance, could emerge as a quiet symbol of India’s evolving kitchen economy.

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