India's Trade Deficit Widens to $28.38 Billion in April
India's merchandise trade deficit widened to $28.38 billion in April as imports rose 10% year-on-year to $71.94 billion, driven by elevated crude oil prices and global supply disruptions.
Category : Economy
8 Charts on 3-Year Backstory Behind PM Modi's Austerity Appeal
Explore the three-year economic backstory behind PM Modi's austerity appeal, from trade deficits to the Iran conflict and US trade policies, explained through eight charts.
Pakistan Issues First Panda Bond in China for $250M
Pakistan has issued its first-ever Panda bond in China, raising $250 million. The renminbi-denominated bond is sold within China's domestic capital market.
Petrol, Diesel Prices Up Rs 3/Litre Due to Crude Spike
State-run oil firms raised petrol and diesel prices by Rs 3 per litre on Friday, citing rising global crude oil prices due to West Asia tensions. Fuel costs had been frozen since elections.
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Global Business Summit 2026 in Malaysia Unites World Leaders
The Global Business Summit 2026 in Malaysia brings together international leaders to foster cross-border collaboration and economic growth. Key discussions focus on trade, innovation, and sustainable development.
Fuel Price Hike: From Veggies to Commute, Your Pocket Hit
Petrol and diesel prices have surged across India, with Delhi petrol at Rs 97.77 per litre and Bengaluru at Rs 106.17. This hike will increase costs of vegetables, commute, and daily essentials.
Oil Prices Surge Over 1% as Trump Warns Iran, Strait Tensions
Global crude oil prices rose more than 1% after President Trump said he would not be patient with Iran, while fears over Strait of Hormuz disruptions persist.
Petrol, Diesel and CNG Prices Hiked Amid Hormuz Crisis
Centre hikes petrol, diesel by ₹3/litre, CNG by ₹2/kg due to Hormuz crisis. PM Modi urges fuel conservation; minister warns of further hikes.
CNG Prices Hike by Rs 2 in Delhi After Petrol-Diesel Rise
CNG prices in Delhi have been increased by Rs 2 per kg following recent hikes in petrol and diesel. The rise is attributed to the Hormuz blockade and geopolitical tensions.
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Kolkata real estate stakeholders welcome ULCRA repeal, seek safeguards
Real estate stakeholders in Kolkata welcome BJP state president's statement on repealing ULCRA, but caution against speculative hoarding, land monopolies, and price escalation. Experts suggest safeguards including EWS housing, wetland protection, and digi
Nagpur Gold Market Hit by Price Surge and Duty Hike
Nagpur's historic Sarafa Oli gold market faces a downturn with soaring gold prices and increased import duties, leading to empty shops and anxious traders. Demand has dropped significantly.
Smart Tech, Farmer Collectives Key to Food Security
Experts highlight the role of smart technology and farmer collectives in ensuring food security. These innovations improve productivity and sustainability in agriculture.
Fuel Panic Buying Returns to Gujarat Amid Rumors
Unsubstantiated rumors of a fuel shortage caused long queues at petrol pumps in Ahmedabad and Surat, despite no official supply disruption. Sales surged by over 20% in the past month.
Odisha Govt Denies Fuel Crisis, Urges No Panic Buying
Odisha government denies fuel crisis, attributing temporary shortages at few pumps to operational issues. Urges public not to panic buy as fuel sales spike 50% in three days.
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CM Fadnavis rides bike to Vidhan Bhavan, urges fuel saving
Maharashtra CM Devendra Fadnavis rode a Royal Enfield bike to Vidhan Bhavan, promoting fuel conservation following PM Modi's appeal amid the West Asia crisis.
US-Iran Tensions Fuel Shortage Panic in Chhattisgarh
Fuel supply disruptions in Chhattisgarh due to US-Iran tensions cause petrol pump shutdowns and long queues. Government assures adequate stock and urges no panic buying.
India's Financial Conditions Under Pressure in April: Crisil
India's financial conditions stayed tight in April due to high crude oil prices, foreign outflows, and a weak rupee, with the Crisil FCI at -1.2, warning of sustained pressure.
Maharashtra Austerity Drive: Curbs on Tours, Rallies
Maharashtra government announces austerity drive, restricting foreign tours and banning police permission for bike rallies and vehicle processions to cut costs.
India's WPI Inflation Hits 8.30% in April on Fuel Costs
India's wholesale inflation jumped to 8.30% in April from 3.88% in March, driven by fuel and power prices amid the West Asia crisis, government data showed.
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Yamuna Expressway Toll Hike Proposal Submitted
Toll charges on Yamuna Expressway are set to increase as a proposal has been submitted. Check the details of the proposed hike and new toll rates.
India Bans Sugar Exports Till Sept 30, Exempts EU, US
India has banned sugar exports until September 30 to ensure domestic availability and stabilize prices, with exemptions for existing quotas to the EU and US.
India Bans Sugar Exports Until September 2026
India has imposed an immediate ban on sugar exports, effective until September 2026, to ensure domestic supply and stabilize prices.
No austerity plans, govt to continue capex and subsidies
Government clarifies no budget cuts or austerity measures, reaffirms commitment to record capital expenditure and subsidy payments despite PM Modi's call for reduced non-essential spending.
Ashok Lahiri takes over as NITI Aayog vice-chairman
Economist Ashok Lahiri assumes role as 4th vice-chairman of NITI Aayog. In his first interview, he prioritizes education, health, and infrastructure, supports higher gold import duty, and cautions against broad oil subsidies.
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Sri Lanka Sees Surge in Indian Investment Interest
Ceylon Chamber of Commerce chairperson says growing Indian interest in Sri Lanka's hospitality, ports, and logistics sectors signals strong investment momentum.
India Bans Sugar Exports Until 2026 to Control Prices
India bans sugar exports with immediate effect until September 30, 2026, aiming to stabilize domestic prices amid falling production and rising demand.
Modi Must Tax the Rich, Not Just the Middle Class
An analysis argues that India's tax burden falls disproportionately on the middle class, urging the government to tax the wealthy more to reduce inequality and boost revenue.
NLSIU Students Overnight Protest Over Hostel Conditions
Students at NLSIU Bangalore held an overnight protest demanding better hostel facilities and infrastructure repairs, citing safety hazards and poor living conditions.
Consumers Lock LPG Agency Over Cylinder Shortage in Beed
Consumers locked an LPG agency in Beed, Maharashtra, protesting delays in cylinder delivery despite online booking and advance payment. Officials blame panic buying for disruptions.
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India Sets $1 Trillion Export Target for 2026
The Indian government has set a $1 trillion export target for 2026, aiming to boost economic growth through increased trade and global market integration.
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