Gold prices dropped sharply in futures trade, ending a four-day rally, as geopolitical tensions in West Asia strengthened the US dollar, pressuring precious metals. Analysts cite Trump's statements on Iran as a key factor.
Union Minister J.P. Nadda reassures states of adequate fertilizer supply despite West Asia tensions, ensuring no disruption to farmers and agricultural productivity.
India's manufacturing sector growth moderated in March as the HSBC PMI fell to 53.9, marking the weakest expansion in nearly four years due to rising input costs, competitive pressures, and Middle East conflict impacts.
The Indian government has announced a full customs duty exemption on critical petrochemical products until June 30 to cushion domestic industries from supply disruptions caused by the ongoing Middle East conflict.
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The Indian rupee recovered from a record low, appreciating by 16 paise to close at 93.19 against the US dollar, driven by positive domestic equity trends and easing global pressures.
The Indian government has exempted critical petrochemical products from customs duty to ensure supply stability amid the West Asia crisis. Check the full list of items affected.
Commercial LPG price surge in Kolkata forces roadside food vendors to increase meal prices by Rs 5-10, cut portions, or trim menus, impacting daily office-goers who rely on affordable meals.
The Reserve Bank of India has unveiled a series of strategic actions to curb the rupee's depreciation, including interventions in forex markets and liquidity adjustments, as global economic uncertainties mount.
India's economic outlook dims as the Iran conflict disrupts oil supplies, weakens the rupee, and prompts major institutions to downgrade GDP growth forecasts significantly.
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Crude oil futures fell sharply by over 3% to Rs 9,265 per barrel following former President Trump's indication of exiting Iran. The May contract also declined 3.56% to Rs 8,661, reflecting broad weakness in near-term oil markets.
A worsening LPG shortage in India could force planners to advise Silicon Valley firms to slow their investments, potentially impacting the tech sector's growth and creating economic challenges.
Gold prices in India remained firm on Wednesday, with gains in futures contracts and retail rates across major cities. Key contracts on MCX posted increases, while cities like Delhi, Mumbai, and Chennai saw notable rises in 24K and 22K gold prices.
Experts warn the Indian rupee may depreciate to 100 against the US dollar if the US-Iran conflict persists, driven by high oil prices and capital outflows. RBI interventions offer limited support.
The Iran-US conflict is hitting India hard, with commercial LPG prices rising and airfares set to surge as jet fuel costs double. The ripple effects threaten inflation and household budgets.
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The ongoing conflict in West Asia has led to a more than doubling of jet fuel prices and a Rs 195.50 increase per 19 kg commercial LPG cylinder in India, impacting aviation and business sectors.
Gold prices rise modestly as the US dollar softens, following an 11% decline in March driven by Fed policy and Iran conflict. Analysts see limited upside due to inflation.
Commercial LPG cylinder prices increased by Rs 195.5, marking the second hike since February's conflict began. This follows a previous Rs 114.50 increase on March 1, driven by soaring global oil rates.
Commercial LPG cylinder prices in India have been raised by Rs 195.5, marking the second hike in a month due to soaring global oil rates amid ongoing West Asia conflict.
Commercial LPG cylinder prices surge from April 1, with Delhi up by Rs 195.50 and Kolkata by Rs 218. Supply shortages disrupt auto-rickshaws in Bengaluru and Telangana, while domestic delivery issues and protests in Patna highlight widespread crisis.
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Prices for 19 kg commercial LPG cylinders have been increased from Tuesday, with Delhi seeing a hike of Rs 195.50 and Kolkata Rs 218. The revised rates are effective immediately.
Uttar Pradesh plans to achieve a $6 trillion economy by 2047, requiring an annual growth rate of 16%. The state's current economy is $356 billion, contributing over 9% to India's GDP.
Complaints of ghost LPG cylinder deliveries are rising across India, with consumers receiving false delivery messages or no cylinders, leaving them unable to book refills due to mandatory waiting periods during the fuel crisis.
India's economy is projected to grow at 6.5% in 2026-27, driven by manufacturing and services, but faces challenges like inflation and global uncertainties.
India faces a severe job crisis, with millions of educated youth stuck in a 'great waiting room' of unemployment, highlighting economic and social challenges.
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A new report indicates that the ongoing conflict in West Asia could erode India's GDP growth by up to 1 percentage point in the 2026-27 fiscal year, highlighting economic vulnerabilities.
US consumer confidence increased marginally to 91.8 in March despite surging fuel prices due to the Iran conflict, revealing resilience in spending but growing inflation anxiety and economic uncertainty.
Prime Minister Narendra Modi announces India's mission to secure critical minerals and strengthen raw material supply chains through global partnerships like Pax Silica.
Unseasonal rain and hailstorms hit Punjab and Haryana, flattening wheat crops before harvest. Farmers report heavy losses, demand compensation, and IMD warns of more bad weather ahead.
Federal Reserve Chair Jerome Powell addresses inflation risks from energy price spikes due to the Iran war, highlights subdued hiring and AI's impact on jobs, and stresses Fed independence amid political pressures.
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US gasoline prices have exceeded $4 per gallon for the first time since 2022, driven by global oil supply disruptions from the Iran war, impacting inflation and daily costs.
