International crude oil prices surged on Thursday morning despite the International Energy Agency’s (IEA) decision to release 400 million barrels of crude stocks. Prices jumped after two oil tankers were…
Category: Economy
US launches probe into countries including India over ‘unfair trade practice’
The Donald Trump administration has initiated fresh investigations into alleged “unfair trade practice” by 16 major trading partners, including India, China, and Bangladesh. The move aims to reinstate tariff pressure…
‘No need to panic’, Oil Ministry says government measures led to 25% rise in LPG production
The Oil Ministry has assured that measures undertaken by the Centre have led to a 25% increase in liquified petroleum gas (LPG) production in India, PTI reported. In a statement…
Oil rises 1%, stays below $90/bbl as IEA weighs strategic stock release
Crude oil prices traded higher on Wednesday morning after falling around 7% earlier in the session. Prices recovered after reports suggested that the International Energy Agency (IEA) is considering a…
Emerging markets race: Vietnam gains ground as India’s rupee, markets weigh on ranking
If gross domestic product (GDP) growth, manufacturing activity, contained inflation and comfortable import cover are India’s muscle, the rupee and stock markets are proving to be its Achilles’ heel. These…
Fitch: Indian OMCs, GAIL may face cash-flow pressure amid Iran tensions and oil price rise
Indian oil marketing companies (OMCs) and state-run GAIL (India) could face cash flow issues if supply disruptions continue amid the war in West Asia, elevated oil prices, and closure of…
India’s farm output seen surging to record levels, buoyed by wheat
New Delhi: India’s farm sector is poised for a strong year, with foodgrain production projected to reach record levels in 2025–26, according to the second advance estimates released by the…
Facing domestic cooking gas supply squeeze, Indian refiners up LPG production by 10%, secure 20 very large gas carriers
New Delhi: Indian refiners have ramped up daily domestic production of liquefied petroleum gas (LPG) by around 10% in the past few days in the face of a supply squeeze…
E-way bills point to slower yet robust economic activity in February
NEW DELHI: E-way bills generated for shipping goods within and across states dipped 3.1% in February from the previous month, but remained the third highest yet, pointing to robust movement…
Retail inflation likely inched up to 3.1% in February: Mint poll
India’s retail inflation under the new series is expected to rise to 3.1% in February from 2.8% in January, driven by increases in prices of some food items from a…