India's Core Infrastructure Output Contracts 0.4% in March
India's eight core infrastructure industries contracted 0.4% in March, the first decline since October, as the West Asia conflict disrupted supplies and production.
India's eight core infrastructure industries contracted 0.4% in March, the first decline since October, as the West Asia conflict disrupted supplies and production.
RBI Governor outlines key structural enablers driving India's economic stability, emphasizing policy reforms, financial sector strength, and digital infrastructure as foundations for resilience.
Oil prices fell sharply on Tuesday, reversing Monday's surge, as expectations of US-Iran peace talks in Pakistan eased concerns over prolonged Middle East supply disruptions. Brent crude dropped 1% to $94.53, while WTI fell 1.72% to $88.07.
A sharp surge in cooking gas demand and supply disruptions linked to the Iran conflict have forced LPG agencies across Telangana to freeze second cylinder requests and halt new connections, leaving thousands scrambling for fuel.
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RecommendedRBI Governor highlights India's increased domestic production of oil and gas in response to the West Asia crisis, noting the economy's resilient growth over the past decade backed by strong policy frameworks.
India confronts significant economic headwinds from global inflation, geopolitical tensions, and supply chain disruptions, testing its resilience and growth strategies in a volatile world.
Lemon prices in Visakhapatnam have surged to Rs 200 per kg due to a 100% rise in demand for lemon-based drinks during summer, with supply constraints pushing costs higher. Traders predict prices may reach Rs 230 per kg soon.
India's LPG crisis intensifies with domestic cylinder deliveries delayed up to 40 days across major cities. Consumers report cylinders marked 'delivered' without receipt as supply chain disruptions worsen.
Jewellery showrooms in Bhubaneswar and Cuttack witnessed high footfall on Akshaya Tritiya as customers purchased gold and silver despite elevated prices, driven by tradition and auspicious beliefs.
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RecommendedA temporary closure of eateries due to LPG shortages has worsened the onion price crash in Karnataka, with rates plummeting below production costs amid oversupply and weak demand, causing farmer distress.
NITI Aayog warns Iran war could pressure India's current account deficit, exchange rate, and delay GCC FTA talks. Report highlights steady merchandise trade, strong services performance in 2025.
A Careedge Ratings report forecasts a slowdown in state capital expenditure growth to 8-10% in FY27, citing tighter fiscal space and rising revenue commitments.
Indian workers are putting in fewer hours weekly in 2025 compared to pre-Covid levels, with self-employed individuals seeing the steepest drop. Experts link this to lower aggregate demand and a skewed economic recovery.
India's recent setback in global GDP rankings highlights the critical need to boost innovation to reclaim a Top 5 position and achieve developed nation status amid global volatility.
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RecommendedGold prices are forecast to remain volatile due to uncertainty over the US-Iran conflict and upcoming inflation data, with technical analysis indicating key support and resistance levels.
Gold and silver prices face uncertainty amid escalating Middle East tensions and key economic data. Analysts watch inflation readings, US policy shifts, and muted Akshaya Tritiya demand as markets enter a critical phase.
Akshaya Tritiya in Kolkata saw muted gold sales due to confusion over election commission norms on cash and old gold. Jewellers expect a Monday rebound as the auspicious period extends.
Despite gold rates hitting Rs 1.53 lakh plus GST, Akshaya Tritiya saw strong sales with jewellers reporting 25-30% growth. Consumers shift to lightweight jewellery, gold schemes, and alternative purchases like ACs and mangoes.
On Akshay Tritiya, Gujarat witnessed gold sales of approximately 100kg, with high prices leading consumers to opt for coins, bars, and lightweight jewelry. Ahmedabad accounted for 30-40kg of sales.
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RecommendedIndia's Atomic Energy Commission has approved a new foreign direct investment policy to attract up to Rs 20 lakh crore for nuclear power expansion, aiming for 100 gigawatts capacity by 2047.
The Goa government is commissioning a comprehensive state-level employment study to assess jobs, self-employment, and enterprise activity across all districts and talukas, aiming to correct perceived gaps in national datasets that show high unemployment r
The Ministry of Petroleum and Natural Gas confirms no fuel shortage in India, with stable supplies of LPG, petrol, diesel, PNG and CNG. Over 5.35 million cylinders delivered daily as refineries operate at high capacity.
Pakistan plans to repay the remaining $1.5 billion of a $3.5 billion UAE loan by April 23, ahead of an anticipated $1.2 billion IMF disbursement. The move follows recent financial support from Saudi Arabia and ongoing efforts to stabilize foreign reserves
The government reassures citizens of normal fuel and LPG supply despite Middle East tensions, while monitoring maritime safety and noting shifts in energy consumption patterns.
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RecommendedThe government is reportedly planning to increase the foreign direct investment limit in the pension sector, with a Bill likely to be introduced in the upcoming Monsoon Session of Parliament.
SBI Research projects India's GDP growth at 6.8% to 7.1% in FY27, citing strong domestic fundamentals and resilience against global oil shocks from the Middle East conflict. The report highlights inflation at 4.5% and fiscal deficit concerns.
India's gold and silver markets are set for a bumper Akshaya Tritiya, with trade value projected to exceed Rs 20,000 crore despite soaring prices, as consumers shift towards lightweight jewellery and alternative investments.
India's cooking gas consumption fell sharply in March, with LPG usage declining 13% year-on-year due to supply disruptions from the Middle East conflict. Household supply was prioritized, while commercial usage was severely impacted.
Based on IMF projections for 2026, the United States maintains its position as the world's largest economy, while India rises in the global GDP rankings. Explore the key drivers behind the top six economies.
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RecommendedGovernment wheat procurement in Punjab surged to over 84% of total arrivals by Saturday evening, but lifting remains slow at only 4.5% of procured grain, raising logistical concerns.