India's LPG supply chain faces strain as two tankers cross the Strait of Hormuz with 92,600 tonnes of gas. Government considers rationing measures while businesses report losses amid shortages.
Oil marketing companies propose delivering underweight LPG cylinders for equitable distribution amid critical shortages. Petroleum ministry officials dismiss reports as speculative while confirming proposal is under government review.
The Indian rupee plunged to a historic low of 93.98 against the US dollar, dropping 35 paise, as escalating tensions in West Asia triggered massive foreign investor outflows and economic concerns.
The Reserve Bank of India warns that geopolitical tensions in West Asia pose upside risks to inflation, despite India's economic resilience. The conflict has disrupted oil markets and triggered financial volatility.
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The Indian government has asked state-run oil companies to delay plans for reduced LPG cylinder quantities following easing West Asia tensions, though supply concerns persist with technical challenges.
The Indian rupee plunged past 94 against the US dollar for the first time ever on Monday, driven by Middle East conflicts, foreign fund outflows, and volatile crude oil prices, before recovering to close flat.
The Indian rupee breached the 94 level against the US dollar during intraday trading but ended flat, reflecting ongoing market volatility and global economic pressures.
IMF's Gita Gopinath warns India's growth could drop by 0.5% due to Iran conflict-driven oil price surge, urging domestic reforms to counter global volatility.
Gold prices have plummeted from over $5,500 to around $4,354 per ounce, marking the worst weekly decline in nearly 40 years despite ongoing Middle East conflict. A stronger dollar and rising yields triggered this unprecedented correction.
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Global oil prices fell sharply by over 13% after US President Donald Trump announced a five-day delay in military strikes against Iran's energy infrastructure, citing ongoing talks for a Middle East resolution.
Oil prices tumbled sharply after US President Donald Trump ordered a five-day pause on planned military strikes against Iranian energy infrastructure, easing fears of escalation in the Middle East conflict and supply disruptions.
Global crude oil prices experienced a sharp decline following former US President Donald Trump's decision to halt planned strikes on Iran's power plants, easing geopolitical tensions in the Middle East.
Gold futures in India plummeted over 10% to Rs 1.29 lakh per 10 grams, mirroring a sharp global decline. The drop is attributed to a stronger US dollar and rising Treasury yields, impacting investor sentiment.
The Indian rupee plunged 48 paise to close at an unprecedented low of 94.01 against the US dollar, breaching the 94-per-dollar threshold during interbank trading after the spot session ended.
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India's states project a combined GSDP of ₹184.8 lakh crore for FY 2024-25, with a budget of ₹4.38 lakh crore aimed at boosting economic growth through infrastructure and development initiatives.
Delhi's per capita income is projected to rise 7.92% to Rs 5,31,610 in 2025-26, with GSDP growth at 9.42%. The city's income is 2.5 times the national average, driven by services sector dominance.
The Indian rupee plunges to record lows near 94 per US dollar as Middle East tensions disrupt global markets. Analysts warn of further weakness if oil prices surge and geopolitical risks escalate.
Gold futures in India plummeted by Rs 8,089 to Rs 1.36 lakh per 10 grams, mirroring a global downturn driven by inflation worries and a stronger US dollar. Analysts predict continued pressure amid West Asia tensions.
The Indian government is considering reducing LPG cylinder sizes to 10kg or 7kg to manage domestic availability amid West Asia tensions. This move aims to ensure equitable distribution but faces consumer and dealer concerns over logistics and usage.
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The Indian government is evaluating measures like reducing LPG cylinder sizes from 14.2kg to 10kg or 7kg to manage domestic supply amid West Asia tensions. This aims to ensure equitable distribution but faces consumer and dealer concerns over logistics an
Dubai's gold market experiences significant price correction after global sell-off, with 22K gold falling below Dh490 per gram. Retailers report increased footfall as shoppers seize the opportunity for post-Eid purchases amid more attractive rates.
Gold prices have plunged sharply due to inflation fears and high interest rates, with escalating US-Israel-Iran conflicts and strong dollar adding pressure. Technical analysis suggests further downside risks.
Gold prices have tumbled to their steepest weekly fall in nearly four decades, dropping to $4,354 per ounce amid Middle East tensions. The decline raises questions about gold's safe-haven status as financial factors dominate market behavior.
The Indian rupee tumbled to a historic low of 93.86 against the US dollar, driven by escalating Middle East tensions, soaring crude oil prices, and foreign fund outflows. Asian currencies and Indian stock markets also faced significant declines.
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The Indian rupee tumbled 33 paise to a fresh all-time low of 93.86 against the US dollar in early trade, driven by foreign fund outflows and rising crude oil prices due to West Asia tensions.
Gold and silver prices fell sharply in international markets, with gold dropping over 2% to a four-month low. Analysts attribute the decline to US-Iran tensions, high oil prices, and expectations of tighter interest rates, predicting range-bound movement
India faces a severe LPG shortage due to West Asia tensions, disrupting supply chains. Restaurants shift to electric cooking, PNG demand spikes in Pune, and the Centre considers smaller cylinders to manage availability.
Brent crude hovers near $112, WTI at $98 as markets react to Trump's threat to strike Iran's power plants if Strait of Hormuz isn't reopened. Tehran vows retaliation, escalating Middle East tensions.
The Indian government is exploring measures like providing 10kg or 7kg LPG cylinders instead of the standard 14.2kg to address potential shortages due to West Asia tensions, sparking consumer and dealer concerns.
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India's Cabinet Committee on Security, led by PM Modi, discussed measures to mitigate the economic impact of the West Asia conflict, focusing on diversifying imports and ensuring fertilizer availability.
