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.
Government 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.
Gold demand in Bengaluru has fallen by 25% ahead of Akshaya Tritiya, with high prices and global conflicts causing buyer hesitation, despite a recent price correction.
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With Akshaya Tritiya approaching, jewellers report a 40-50% slump in gold demand, driven by high prices and economic uncertainty. Consumers are opting for smaller, lighter designs and lower-purity options, while LPG shortages impact manufacturing.
The Indian government says stronger irrigation, higher reservoir storage, and better preparedness will minimize El Nino's impact on agriculture this year, despite below-normal monsoon forecasts.
India has dropped from projected 4th to 6th largest economy in IMF rankings, due to rupee depreciation and GDP data revisions, while remaining the fastest-growing major economy.
The Union Cabinet has approved a 2% increase in Dearness Allowance for central government employees and Dearness Relief for pensioners, effective from January 1, 2026, to offset inflation.
India's agricultural outlook faces dual challenges from a below-normal monsoon forecast and escalating West Asia conflicts, potentially impacting crop yields and food inflation.
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Indian refiners purchased Iranian crude oil using a temporary US sanctions waiver and settled payments in Chinese yuan through ICICI Bank's Shanghai branch, officials confirmed on Friday.
The Indian rupee strengthened to 92.93, gaining 27 paise, after the RBI reportedly instructed oil companies to use an SBI credit line instead of buying dollars from the open market. This move reduces forex market demand and signals RBI's preparation for m
Water levels at Idukki dam have fallen to 36.93% capacity, 8.92 feet lower than last year, as summer heat and low rainfall strain Kerala's power generation. Authorities assure no immediate shortage.
LPG demand in India has normalized after a period of volatility, with government data showing stable consumption patterns. This reflects improved supply chains and economic recovery post-pandemic.
Traditional summer fruits like water apples and jamun in Goa have skyrocketed from ₹1 to ₹5-8 each due to urbanization reducing wild trees and rising labor costs, creating affordability challenges.
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The Indian rupee strengthened by 23 paise to settle at 92.91 against the US dollar on Friday, driven by easing geopolitical tensions and positive domestic equity market sentiment.
Crude oil prices plummeted more than 10% after the Strait of Hormuz reopened, easing supply fears and sparking a global stock rally. US indices surged, with airlines and cruise lines leading gains amid optimism over easing tensions.
India's foreign exchange reserves increased by $3.825 billion to $700.946 billion for the week ended April 10, 2024, as per RBI data. This follows a previous week's gain of $9.063 billion, with gold and foreign currency assets contributing to the rise.
Gautam Adani has reclaimed the title of Asia's richest person with a net worth of $92.6 billion, edging out Mukesh Ambani. The shift follows a rally in Adani Group stocks tied to India's infrastructure and energy transition.
India's foreign exchange reserves increased by $3.8 billion, reaching over $700 billion, driven by foreign currency asset appreciation and strategic RBI management.
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India's drop to the world's 6th largest economy in IMF data stems from currency fluctuations and technical revisions, not economic slowdown. With growth projections around 6-6.5%, India remains the fastest-growing major economy globally.
The Indian rupee appreciated by 21 paise to close at 92.93 against the US dollar on Friday, driven by easing geopolitical concerns and strong domestic equity market performance.
India is recognized as a stable global capital hub, boasting a market capitalization of $4.4 trillion, as highlighted by Tuhin Kanta Pandey, reinforcing investor confidence and economic resilience.
Gold prices are stabilizing after a strong retail-driven rally, with imports in key markets like India showing significant declines. Jefferies highlights disciplined capital management in the mining sector as a supportive factor.
Power Minister Awais Leghari apologizes for 6-7 hours of daily load management, blaming LNG disruptions from Middle East war and low hydropower. Shortfall hits 3,400MW.
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The Indian rupee appreciated by 28 paise to 92.86 against the US dollar in early trade, supported by foreign equity inflows despite a firm dollar pressuring the currency, as per forex traders.
Stagnant wages amid rising inflation are fueling worker unrest globally, posing risks to economic stability and social harmony. This editorial explores the causes and potential solutions.
India's development gains are vulnerable to external shocks like war and oil crises, highlighting the urgent need for a more robust Atmanirbhar Bharat 2.0 strategy.
India's rapid economic expansion is increasingly constrained by severe water scarcity, threatening sustainability and requiring urgent policy interventions.
India slipped one rank to become the world's sixth largest economy in 2025, according to IMF estimates. A weaker rupee and GDP base year revision contributed to the UK overtaking India despite faster growth.
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India's Finance Ministry projects robust economic growth of 7.5% for FY 2026-27, driven by strong domestic demand, manufacturing, and services sectors, with inflation expected to moderate.
