panic buying

Maharashtra government issued a statewide advisory against panic buying and hoarding of fuel, assuring adequate petrol and diesel stocks. The move follows a surge in demand and reports of industrial consumers buying from retail pumps, straining supplies for ordinary citizens. Authorities are intensifying inspections and warning of legal action for unauthorized transactions and hoarding.

The AI chip sector experienced a dramatic $1.3 trillion market value collapse in under 24 hours, marking the deepest one-day drop for the PHLX chip index since March 2020. This selloff was triggered by Broadcom's quarterly report, which revealed weaker-than-expected demand for its custom AI chips, fueling investor anxieties about the AI trade's detachment from reality.

A fierce clash erupted in Samastipur's Mau Bazaar late Friday night over a shop eviction dispute, involving sticks, rods, and gunfire. Panic gripped the market as shopkeepers fled. Three individuals sustained injuries and are hospitalized. The conflict arose when a new owner pressured a tenant to vacate before his contract expired. Police are investigating the stone pelting and firing incidents.

Government assures sufficient fuel stocks amid panic buying and dryouts in select states. Joint Secretary Sujata Sharma cited increased demand and logistical issues, not shortages. Fuel prices have risen significantly, with state-run companies still facing losses. Citizens are urged to conserve fuel and explore alternatives.

Brace yourself for a day that may present some hurdles, with costs looming and an air of uncertainty affecting your work and outlook. Relationships can provide comfort, but tread carefully with your heart and wallet. Cultivate patience and seek inner peace as you tackle essential tasks.

In the heart of Ranchi, the streets transformed into a frenzy as residents rushed to fuel stations amidst a significant rise in petrol prices. The rush overwhelmed retail outlets, leading to some selling up to three times their regular amounts.

panic buying gripped Ranchi as fuel prices surged, leading to massive queues at petrol pumps and several outlets running out of stock. Despite assurances from officials, residents resorted to filling tanks due to fears of an impending crisis, exacerbating the shortage.

India's gold demand has plummeted by nearly 70% following a government increase in import duty from 6% to 15%. This, coupled with rising fuel and food prices, has significantly dampened consumer sentiment and spending on discretionary items like gold.

Kutch And Botad Outpace State In Diesel Consumption

Adequate stocks of petrol, diesel and LPG available in state, no need for public to worry: CS

Monday brought a sigh of relief to Bokaro residents as the lengthy lines at petrol pumps disappeared. The shift followed a strong message from the district administration, which stepped in to tackle the chaos caused by rampant misinformation on social media.

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Scorpios, today's the day to channel your inner warrior! Take on those tasks you've been putting off and explore new opportunities with confidence. While some spontaneous trips are in the cards, keep your plans adaptable. Tensions might rise at home; approaching conflicts with kindness will go a long way.