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Pashupati Advani warns India faces LPG crunch and IT job losses amid widening earnings gap
Economy
Published on 24 April 2026
A global oil chokepoint could hit India’s LNG flow
Market veteran Pashupati Advani says India’s rally may be fragile, pointing to unresolved risks like disruptions around the Strait of Hormuz that could affect oil and LNG imports. He also flags a near-term LPG crunch and growing pressure on IT jobs, citing visa curbs, AI disruption, and stagnant hiring—calling it a potential earnings shock.
- Advani urges caution despite the market rally’s momentum
- Strait of Hormuz disruption could worsen oil and LNG supply risks
- LPG shortages remain a concrete near-term stress point
- IT sector faces headwinds from visa restrictions, AI, and weak hiring
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times