News Broadcasting
BBC World News presents business special on global economy
MUMBAI: BBC World News pans to look at the booming sector of the global economy (gig economy). It has given a special slot on three of its live news programmes wherein it will ask entrepreneurs and workers from across the world throughout the week about what it’s like to be part of the fastest growing sector of the labour market.
Through this, giggers in Sao Paulo, Mumbai, Singapore, London and New York will share their stories on the shows. The viewers can also hear expert views from leading commentators and columnist, Anil Dharker, in Mumbai and Sharing Economy author, Arun Sundararajan, in New York to find out why the gig economy is causing concern amongst companies, workers and governments around the world.
Up to 162 million people in Europe and the US – that’s twenty to thirty percent of the working-age population – earn some form of income through independent work and gigs, according to a recent report. From free agents, who choose this as their primary way of working, to those who gig as a last resort, BBC World News discovers more about the fierce growing debate about the winners and losers.
Advocates of gig economy business modelsargue that it allows people to work more flexibly, however critics say employees lose out on protections such as the minimum wage or sick pay, letting employers offload the risk onto the work force.
The BBC World News gig economy special will air at the following times from 17 to Friday 21 October on World Business Report everyday at 10 am, 11 am, 12.15 pm, 4 pm, 6 pm, 10 pm. Meanwhile, it will also be aired on Asia Business Report every Tuesday and Wednesday at 6 am, 7 am, 8 am and Thursday at 6 am and Friday at 6am, 7am, 8am. It has also made way on Business Live everyday at 1 pm.
News Broadcasting
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
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.
“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.
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.
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.
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.
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.
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.
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.
