India's wholesale price inflation rose to 2.13% in February, driven by higher prices in food and non-food articles, while vegetable inflation eased. This marks the fourth consecutive monthly increase.
Gold futures fell sharply by Rs 2,225 to Rs 1.56 lakh per 10 grams on Monday, pressured by a strong US dollar and escalating Middle East conflicts. Analysts cite reduced Fed rate cut hopes and oil volatility as key factors.
India's wholesale price index (WPI) inflation rose to 2.13% year-on-year in February 2024, driven by higher food and manufacturing prices, marking a significant increase from the previous month.
A JPMorgan report indicates the US military attack on Iran's Kharg Island is expected to have a limited, short-term impact on global oil supply, as key infrastructure remains intact.
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Gold and silver prices decline due to rising crude oil prices and delayed central bank rate cuts. Experts warn of continued volatility amid Middle East tensions and key policy meetings this week.
India faces LPG supply concerns amid global tensions, with Bengaluru's hotel industry reporting 30% business decline. Government restricts LPG for PNG users, deploys enforcement teams to prevent hoarding.
LPG bookings in India dropped to 77 lakh on Saturday from 88.8 lakh earlier, easing panic demand. The government assures stable fuel supplies and encourages commercial users to switch to PNG connections.
Domestic LPG bookings fell from 88.8 lakh to 77 lakh as government campaigns curb panic. Online bookings rose to 87%, with no dry-outs reported. India monitors supply via Strait of Hormuz with six ships on standby.
Vegetable prices in Jaipur have begun climbing as the winter harvest season concludes, reducing supplies in wholesale markets. Retail prices have doubled compared to wholesale rates due to transportation and handling costs.
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India has significantly reduced its vulnerability to global energy market disruptions through diversification, increased domestic production, and strategic partnerships, officials report.
Fresh lime prices in Panaji have sharply increased to around Rs 10 per piece due to rising summer demand for cooling beverages, with vendors noting a gradual climb from Rs 4-5 earlier.
As Iran's blockade tightens around the Strait of Hormuz, India faces LPG supply fears with 90% of imports passing through. Anand Ranganathan examines the 28-30 day buffer and government measures amid rising panic.
LPG bookings in India have dropped to 77 lakh after a panic-driven surge, as the government assures stable fuel supplies and encourages commercial users to adopt piped natural gas to ease demand pressure.
The UAE Ministry of Finance has launched the Federal Budget Yearbook 2026, outlining a balanced budget of AED92.4 billion focused on social development, economic growth, and financial sustainability under the theme 'Investing in People, Securing the Futur
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Union Minister Piyush Goyal assures India has sufficient fuel stocks and no supply disruptions despite Middle East tensions. Government to unveil support plan for exporters next week.
Gender economist Corinne Low exposes the impossible pressures on working mothers, debunking three major myths and calling for systemic change to address the 'squeeze' women face between career and family.
India faces a severe LPG cylinder shortage impacting major cities like Bengaluru and Mumbai, exacerbated by the US-Iran conflict disrupting Gulf energy routes. The crisis has drawn comparisons to the COVID-19 pandemic's impact on food vendors.
Ministry of Petroleum assures stable LPG supply in India despite geopolitical concerns, but panic bookings surge from 7.5 million to 8.8 million, urging consumers to avoid hoarding.
Union Minister Piyush Goyal asserts India's robust position to handle crude oil and fuel supply challenges amid West Asia tensions, emphasizing strategic reserves and diversified sourcing.
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The ongoing conflict in West Asia disrupts LPG shipping via the Strait of Hormuz, driving up prices in India. The US leads global LPG production, while India faces import dependency amid rising costs.
RBI Governor Sanjay Malhotra highlighted India's rare low-inflation, high-growth period, but economists warn the US-Israel-Iran war and oil above $100 could slash GDP by 0.4-0.75% and spike inflation, impacting CAD, rupee, and fiscal deficit.
Canada's labor market experienced an unexpected setback in February 2026, losing 83,900 jobs and pushing unemployment to 6.7%. This sharp decline complicates the Bank of Canada's monetary policy decisions amid a fragile economic recovery.
With LPG supply disruptions due to geopolitical tensions, Indian households face cooking challenges. Discover 5 practical alternatives like induction cooktops, solar cookers, and biogas systems to sustain meals during shortages.
Pakistan's PM Shehbaz Sharif approves 5-30% salary cuts for state-owned enterprise employees as part of austerity measures linked to the US-Israel-Iran conflict's economic impact, including fuel price hikes and vehicle reductions.
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India's government has eased Press Note 3 restrictions on Chinese investment, yet strong security constraints continue to limit FDI inflows, revealing economic and security policy contradictions.
HSBC Mutual Fund report highlights India's robust economic outlook, supported by favourable interest rates, liquidity, and government infrastructure spending, despite global macroeconomic uncertainties.
A State Bank of India report warns that potential El Nino weather patterns and ongoing geopolitical conflicts could drive up inflation in 2026, impacting agriculture and energy markets.
Crude oil prices have surged over 40% in 15 days due to the US-Israel-Iran conflict, disrupting the Strait of Hormuz and impacting global energy markets, particularly in Asia.
A severe LPG shortage in Kerala has forced hotels and restaurants to close, prompting migrant workers to return home early for Ramzan and upcoming elections in West Bengal and Assam, causing a labor crisis.
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India's corporate profitability is under scrutiny as crude oil price swings and supply disruptions threaten the economy, with oil and gas making up over a third of the energy mix.
