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Beyond the buzz as Moneycontrol sets sights on wealth that actually lasts
MUMBAI: Chasing quick wins is easy. Holding steady when the ground shifts is the real test. Moneycontrol, in partnership with Dezerv, is set to host the Moneycontrol presents Dezerv Wealth Summit 2025 in Mumbai on December 15, bringing together some of India’s most seasoned investment voices for a hard look at what building wealth really means in uncertain times.
Anchored around the theme “Beyond Alpha: Building Real Wealth in an Uncertain World”, the summit aims to move the conversation past short term outperformance and headline grabbing trades, and towards the fundamentals that sustain portfolios across cycles. With markets swinging on geopolitics, liquidity and sentiment, the focus is firmly on resilience rather than reaction.
Discussions will span how investors can stay disciplined when volatility spikes, why global diversification increasingly matters alongside India’s growth story, and whether long held asset allocation rules still hold water. Speakers will also unpack alternatives, IPO strategies and pre listing opportunities, weighing upside against risk rather than selling the dream.
The speaker line up brings together fund managers, wealth advisers, strategists and founders who have navigated multiple market phases. The emphasis is on experience over noise, with insights designed to translate into practical frameworks for both individual investors and those managing larger pools of capital.
Moneycontrol managing editor and Network18 chief AI officer for editorial operations Nalin Mehta said investors today are looking for depth, not declarations. He noted that the summit is intended to challenge assumptions, simplify complex trends and offer perspectives that help people think differently about money, not just chase it.
With conversations rooted in realism rather than optimism alone, the summit positions itself as less of a conference and more of a working session for serious investors. The aim is clarity over commentary, and tools that can be used long after the applause fades.
The Moneycontrol presents Dezerv Wealth Summit 2025 will be streamed live on Moneycontrol.com from 4 pm onwards on December 15, offering viewers a front row seat to a more grounded take on building wealth that lasts.
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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
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.
