India Boosts LPG Production Under Emergency Powers
The Indian government has directed oil refiners to maximize LPG production to prevent domestic shortages, as over 85% of imports face disruption from the West Asia conflict.
Category : Economy
LPG Cylinder Prices to Increase by Rs 60 Across India from March 7
Domestic cooking gas cylinder prices are expected to increase by Rs 60 from March 7, affecting households and businesses. The hike marks the first major change since April 2025, with government assurances on energy security amid global tensions.
LPG Prices Surge, Gadkari Defies Oil Lobby, US Targets Gold
Breaking news: Domestic and commercial LPG cylinder prices rise in India, while Nitin Gadkari criticizes petroleum lobby. US licenses Venezuelan gold mining, and Delhi Police book hospital vandals.
West Asia Crisis May Impact Rupee, Drive Fuel Inflation: Centre
India's Finance Ministry warns in its monthly review that a prolonged West Asia conflict could pressure the exchange rate and fuel inflation, citing sharp rises in Brent crude and LNG prices.
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Dubai Gold Prices Slump as Middle East War Disrupts Supply Chain
The escalating US-Israel-Iran conflict has severely disrupted gold shipments from Dubai, forcing traders to offer discounts up to $30 per ounce. Airspace closures and logistical challenges are creating supply chain bottlenecks in the major trading hub.
Budget 2026 Prioritizes Stability in Global Uncertainty
India's Budget 2026 emphasizes policy stability to navigate global economic challenges, as outlined by the Department of Economic Affairs, aiming to sustain growth and investor confidence.
India's Forex Reserves Hit Record USD 728.49 Billion
India's foreign exchange reserves have increased by USD 4.88 billion, reaching an all-time high of USD 728.49 billion, driven by foreign currency asset fluctuations.
India's Forex Reserves Hit Record $728.5 Billion
India's foreign exchange reserves surged by $4.885 billion to an unprecedented $728.494 billion, driven by significant increases in gold holdings and foreign currency assets.
CRISIL: 16th Finance Commission Proposals Positive for States
CRISIL Ratings highlights the long-term positive impact of the 16th Finance Commission's proposals on state finances, focusing on fiscal stability and growth.
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Moody's: Middle East Energy Disruption Risks India's Rupee, Inflation
Moody's report highlights potential rupee depreciation and inflation spikes in India due to Middle East energy supply disruptions, with Brent crude projected at USD 70-80 per barrel in 2026.
Rupee Gains 2 Paise to 91.62 After US Waiver on Russian Oil
The Indian rupee strengthened slightly to 91.62 against the US dollar on Friday, supported by a US waiver allowing Russian oil purchases. However, domestic equity pressure and foreign fund outflows limited gains.
Most States See CPI Inflation Below 3% in Jan 2026, Telangana Tops
SBI Research reveals most Indian states recorded CPI inflation below 3% in January 2026, with Telangana highest at 4.9%, indicating varied economic pressures across regions.
India's Economy Resilient Despite West Asia Conflict: Report
A recent report highlights India's robust macroeconomic outlook, showing resilience despite ongoing conflicts in West Asia. The economy continues to grow, supported by strong domestic demand and policy measures.
India's Workforce Gender Gap: 18% Young Women vs 79% Men in Jobs
A recent report reveals a stark gender disparity in India's workforce, with only 18% of young women engaged in paid employment compared to 79% of young men, highlighting significant economic and social challenges.
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Gold, Silver Prices Volatile; Central Bank Buying Slows in 2026
Gold and silver prices face volatility due to Middle East conflicts and safe-haven demand. Central bank gold purchases dropped sharply in January 2026, but analysts see this as temporary.
Pakistan's Weekly Fuel Price Reviews, Work-From-Home Amid Hormuz Crisis
Pakistan's Economic Coordination Committee will review proposals for weekly petroleum price revisions, compensation for oil companies, and fuel conservation measures like mandatory work-from-home to stabilize supplies after Strait of Hormuz closure.
Oil Price Surge from West Asia Conflict Threatens Consumer Inflation
Rising oil prices due to escalating West Asia conflict may force Indian companies to hike prices on household goods, from appliances to personal care, straining budgets.
Maharashtra Economic Growth Hits 7.9%, Surpasses National Rate
Maharashtra's economic survey projects a rise in growth rate to 7.9% for 2025-26, driven by industrial and services sectors, with per capita income increasing to Rs 3.47 lakh.
US Mortgage Rates Edge Higher, Breaking 3-Week Decline
The average 30-year fixed mortgage rate increased to 6% this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to geopolitical tensions.
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Maharashtra Milk Production Jumps 63.8% in 10 Years
Maharashtra's milk production surged from 101.52 lakh MT to 166.26 lakh MT over 10 years, with per capita availability rising 49.8%. The state grants agriculture-equivalent status to animal husbandry.
Maharashtra Growth Slowest Among Top Indian States
Maharashtra remains India's largest state economy but has the slowest growth rate among the top four states over the past four years, with Karnataka leading expansion.
Oil Price Rise May Reduce India's GDP Growth by 0.5%: SMC
A new SMC report warns that every $10 per barrel increase in crude oil prices could reduce India's GDP growth by approximately 0.5%, highlighting economic vulnerabilities.
Gold Slumps Rs 7,600, Silver Tanks Rs 27,700 on Profit-Booking
Gold prices fell by Rs 7,600 per 10 grams, while silver plummeted by Rs 27,700 per kilogram, marking a sharp 9.23% decline, according to the All India Sarafa Association.
India Confident on Energy Security Amid Middle East Tensions
India maintains a comfortable energy position with diversified sourcing and ample reserves, reviewing supply twice daily amid escalating West Asia tensions. Officials confirm no fuel rationing plans and explore alternative sources from Australia, Canada,
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Middle East Conflict Poses Short-Term Risks to Indian Economy: RBI MPC Member
RBI MPC external member Nagesh Kumar warns that the Middle East conflict could push up oil prices and disrupt trade, posing immediate challenges for India, though long-term growth remains robust.
Gold Futures Mixed, Retail Rates Fall in Indian Cities Amid Volatility
Gold futures on MCX displayed varied movements while retail bullion prices in major Indian cities like Delhi, Mumbai, and Chennai saw mild corrections. The April 2026 contract gained slightly, but overall market sentiment remains cautious amid global unce
Fuel Prices Steady in India Amid Middle East Tensions
Despite escalating Middle East conflicts and a sharp 17% rise in global crude oil prices, petrol and diesel rates in major Indian cities remain stable. Government sources confirm no immediate hikes as OMCs absorb costs.
China's GDP Growth Target Hits 30-Year Low
China has set its annual economic growth target at 4.5-5%, the lowest since 1991, reflecting challenges from global conflicts, tariffs, and domestic pressures. Meanwhile, India remains the fastest-growing major economy with 7% potential growth.
Asian Stocks Rise on Wall Street Rebound, Oil Price Pause
Asian markets edged higher Thursday as Wall Street's rebound and easing oil prices lifted sentiment. Key indices in South Korea, Japan, and Hong Kong posted significant gains amid ongoing Middle East tensions.
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US Treasury: 15% Tariff Hike Likely This Week, Stocks React
US Treasury Secretary Scott Bessent indicates President Trump's plan to raise universal tariffs to 15% will likely be implemented this week, impacting global trade and stock futures amid Middle East conflicts.
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