Gold prices in India displayed a mixed bias on Wednesday with futures contracts slipping on MCX while retail bullion rates edged higher in major cities. Market caution and profit-taking at elevated levels contributed to the subdued momentum in futures tra
Experts argue that freebies, while politically popular, are unsustainable and cannot replace the need for factories and industrial growth to drive long-term economic development and job creation.
Delhi CM Arvind Kejriwal warns of a severe LPG shortage in India due to halted supply through the Strait of Hormuz, impacting household fuel availability.
Petrol prices vary sharply across South Asia amid Middle East conflict. India keeps prices unchanged with strategic reserves, while Pakistan hikes rates and Bangladesh rations supplies.
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Gold prices are range-bound as US-Iran tensions and Federal Reserve policy outlook influence safe-haven demand. Analysts predict a slightly positive bias with key support and resistance levels in focus.
Union Minister Piyush Goyal assures uninterrupted fuel supply in India despite West Asia conflicts. Government activates emergency measures under Essential Commodities Act to stabilize domestic energy markets.
The Iran-Israel conflict may sharply increase CNG and industrial natural gas prices in Madhya Pradesh due to supply disruptions, though domestic PNG supply is expected to remain stable, according to Aavantika Gas Limited.
Ludhiana residents are panic-buying fuel, causing rural demand to surge by 100% amid Middle East supply fears. Dealers warn of self-created shortages and price hikes during critical paddy season.
The Indian rupee strengthened by 54 paise to close at 91.81 against the US dollar on Tuesday, driven by falling crude oil prices, RBI interventions, and a rebound in equities amid easing geopolitical tensions.
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The Indian government has requested parliamentary approval for over Rs 2.8 lakh crore in additional expenditure, with Rs 2 lakh crore as cash outgo. Major allocations include Rs 59,000 crore for sovereign gold bonds and Rs 42,000 crore for food and fertil
Rising tensions in West Asia have triggered panic buying of LPG cylinders in Kolkata, leading to a surge in black-market sales and supply chain strains, with illegal traders exploiting the crisis.
A Deccan Herald cartoon humorously critiques soaring food prices in India, suggesting 'cook less, eat less' as a coping strategy amid inflation and economic pressures.
Economists warn that the West Asia conflict, supply chain disruptions, and high oil prices could reduce India's GDP growth by 15-40 basis points in 2026-27, with inflation potentially exceeding 5%.
India's national debt has increased by 53% over the past five years, reaching Rs 186 lakh crore. This significant rise highlights growing fiscal pressures and economic challenges.
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Delhi's street food vendors face LPG shortages as West Asia tensions disrupt supplies. Small eateries rely on illegal domestic cylinders, with black market prices rising, risking business closures and jobs.
Global oil prices retreated below $90 a barrel following US President Trump's comments about a potential end to the Iran conflict. India has increased crude imports from non-Gulf sources to nearly 70% of requirements.
Facing severe LNG shortages due to Middle East conflicts, India has invoked the Essential Commodities Act to reallocate gas supplies. Fertilizer and industrial sectors face cuts while domestic PNG, CNG, and LPG production receive full priority.
Patna faces LPG cylinder delivery delays as the Centre extends the minimum booking period from 21 to 25 days to curb hoarding. Distributors report a 50% drop in delivery rates, with consumers facing quota exhaustion and supply shortages.
The Indian government has projected wheat production at 1202.10 lakh metric tonnes and rice at 167.20 lakh metric tonnes for the 2025-26 agricultural year, highlighting key agricultural trends.
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India imports 90% of crude oil, 60% of LPG, and 50% of LNG, facing supply risks from Middle East conflicts. Experts call for strategic reserves expansion and diversification to ensure long-term energy security.
The Indian government has relaxed FDI norms for countries sharing land borders, such as China, to boost investment and economic growth while maintaining security oversight.
India's employment outlook has surged to a record high for the April-June quarter of 2026, driven by GST reforms and strong economic growth projections, according to a recent report.
India has relaxed foreign direct investment norms for China and other neighboring countries, aiming to attract more capital and strengthen economic ties amid global shifts.
India's power ministry plans to increase coal usage for electricity generation this summer due to disruptions in LNG supplies from West Asia, aiming to prevent outages and ensure grid stability.
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The Indian rupee recovered from its historic low, appreciating to 91.85 against the US dollar, driven by RBI intervention and positive market sentiment amid global economic shifts.
The Indian government has reshuffled domestic natural gas allocation priorities, placing LPG production, CNG for transport, and household piped gas at the top. This move aims to secure essential supplies as West Asia conflicts disrupt imports through the
The Indian government has invoked the Essential Commodities Act to ensure uninterrupted domestic LPG supply, directing refineries to prioritize production and channel all C3/C4 streams to state-run oil companies.
The Indian government has relaxed FDI regulations for nations sharing land borders, including China, to boost investment and economic growth.
India faces LPG supply disruptions due to the West Asia crisis, leading to price hikes, extended booking periods, and potential shortages. Learn about government measures and consumer impacts.
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The Indian government has relaxed FDI norms for countries sharing land borders, such as China, by amending Press Note 3 of 2020, approved in a Union Cabinet meeting chaired by PM Modi.
