UK Food Prices Could Rise 50% by November: Analysis
New analysis warns UK food prices may be 50% higher by November 2024 vs pre-crisis levels, driven by climate, supply chains, and energy costs, squeezing household budgets.
Category : Economy
Oil Prices Dip Slightly but Stay Above $100 Amid Iran Tensions
Crude oil prices edged down on Monday but remained above $100 per barrel as US-Iran talks deadlock and Strait of Hormuz disruptions persist.
Tambaram Residents Struggle with Power Cuts Amid Summer Heat
Residents of Tambaram Corporation face prolonged power cuts and voltage fluctuations as summer temperatures soar, causing distress and damage to appliances.
NHAI Criticized for High Toll on Amaravati Highway Despite Cost Recovery
Commuters and APSRTC criticize NHAI for high toll charges on the Chennai-Kolkata NH near Amaravati, alleging that despite recovering project costs years ago, toll fees have increased instead of being reduced by 40% as per rules.
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Gold, Silver Prices Likely Range-Bound Next Week
Gold and silver prices are expected to remain range-bound next week as investors track US-Iran conflict developments, global macroeconomic data, and domestic political cues, according to analysts.
Two Friends Steal LPG Cylinders to Fund Booze, Arrested
Two friends formed a gang to steal domestic LPG cylinders for quick cash to fund alcohol and luxury lifestyle, exploiting supply fears. One arrested, five cylinders recovered.
Steep LPG Hike Forces Bengaluru Eateries to Raise Prices
Bengaluru restaurants, especially in South Bengaluru, are hiking menu prices due to a sharp increase in LPG costs, leaving eateries with little choice to maintain margins.
Can India Translate Growth into Global Influence?
India's growth story is evolving beyond economics. Its role in the Quad and semiconductor supply chains signals a shift towards global influence, not just market power.
Railway reclaims Rs 100 crore land in anti-encroachment drive
North Central Railway cleared 6,500 sqm of encroached land near Old Yamuna Bridge in Prayagraj, valued at Rs 100 crore, with coordinated action by railway, RPF, and district administration.
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Noida to Install 250 New Transformers at Rs 25 Crore
Noida power department is installing 250 new transformers at Rs 25 crore to prevent overload burnouts during peak summer. The units will operate at 50% load to ensure reliable supply.
US Retains India on Special 301 Priority Watch List for 2026
The US retained India on its Special 301 Priority Watch List for 2026, citing inconsistent IPR protection and enforcement, including patent regime barriers and weak copyright enforcement.
Santacruz-Chembur Link Road to Open Before Monsoon
The Santacruz-Chembur Link Road's final arm, BKC-Vakola, is complete. The 10.88-km signal-free corridor will ease Mumbai traffic, cutting travel time across key areas.
Trump's Pakistan Oil Claim Debunked: India's Reserves
Trump said Pakistan could sell oil to India, but Pakistan admits it lacks strategic reserves like India, which has cushioned New Delhi from global oil shocks.
Fadnavis Drives G-Wagen at Expressway Missing Link Launch
Maharashtra CM Devendra Fadnavis drove a G-Wagen at the inauguration of the Mumbai-Pune Expressway's missing link, a 19.8-km stretch built at Rs 6,700 crore, cutting travel time by 25-30 minutes.
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RBI Deputy Governor Gupta Sees 7.5% Growth, Low Inflation
RBI deputy governor Poonam Gupta said India's strong fundamentals can sustain 7.5% growth with low inflation, and the West Asia conflict has limited impact on balance of payments.
India to Prioritise Capex Despite Fiscal Stress
Expenditure secretary Vumlunmang Vualnam said the Centre will prioritise capital expenditure and ensure full utilisation of budgeted public spending despite fiscal stress from the West Asia conflict.
Chennai restaurant prices to surge up to 40% as LPG costs skyrocket
Food prices at Chennai restaurants are set to rise up to 40% after a steep increase in commercial LPG cylinder prices, with idli, dosa, and pongal becoming significantly costlier.
Petrol and Diesel Price Hike Not Ruled Out
An official statement suggests that a potential increase in petrol and diesel prices cannot be ruled out, citing global crude oil volatility and domestic fiscal considerations.
AP April 2026 Tax Collections Hit Record ₹5,543 Crore
Andhra Pradesh recorded its highest-ever monthly commercial tax collections in April 2026 at ₹5,543 crore, a 12.08% rise year-on-year, driven by technology and improved compliance.
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RBI DG Poonam Gupta Optimistic on Remittances Despite Crisis
RBI Deputy Governor Poonam Gupta expressed confidence in India's remittance inflows, stating the central bank is not worried despite the ongoing West Asia crisis, citing resilience and diversification.
Commercial LPG Cylinder Price Hiked by ₹993
Commercial LPG cylinder prices surged by ₹993 in a single day, the largest one-day hike. Total increase since February is ₹1,380, an 81% rise in three months, impacting eateries and households.
India Eases FDI Norms for Chinese-Owned Firms
India has relaxed foreign direct investment rules for companies with limited Chinese ownership, aiming to boost investment while maintaining security.
India's Jobs Paradox: More Workers, But Are They Earning Enough?
India's unemployment rate is 5.1% with LFPR at 55.4%. But deeper analysis reveals gender and regional disparities, with self-employment and informal work dominating, and women earning significantly less than men.
UAE Exits OPEC: Short-Term Pain, Long-Term Gain for India
The UAE's exit from OPEC may cause short-term oil price volatility, but India stands to benefit long-term from a global oil shift, according to a report.
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Pakistan Admits No Strategic Oil Reserves Like India
Pakistan's petroleum minister admits the country has no strategic oil reserves, unlike India's 60-70 days of stocks, highlighting energy security gaps amid global oil price surge.
Pune MLAs Concerned Over Slow Ring Road Progress
Pune MLAs express serious concern over delays in the Rs 55,000-crore ring road project, warning it could hinder connectivity to major highways and worsen congestion.
AMC Traffic Project Nears Completion in Ahmedabad
Ahmedabad Municipal Corporation's project to ease traffic at 100 key junctions is progressing, with 37 junctions completed and work ongoing at others. Free left turns opened at 76 junctions.
PDA Allows Multiple Family Members to Buy Flats
Prayagraj Development Authority adopts Model Costing Guidelines after 26 years, allowing multiple family members to purchase separate flats, aiming to boost housing access and clear unsold inventory.
Domestic Urea Output Recovers to Last Year's Levels
Monthly domestic urea production rebounded to last year's levels in April, reaching 21 lakh tonnes, as LNG supplies restored. Fertilizer stocks are robust for kharif season.
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Goa Reservoirs Have Sufficient Water Till Monsoon: Minister
Water resources minister Subhash Shirodkar said Goa's reservoirs have sufficient raw water storage to meet requirements till monsoon. He also discussed plans for desalination plant and water release automation.
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