Goa has improved its performance in the NITI Aayog Fiscal Health Index (FHI) 2026, rising from third to second position among 18 major Indian states with a composite score of…
Category: Economy
Oil prices slightly lower after US allows all countries to purchase Russian oil for 30 days
Global crude prices were trading marginally lower after the US Treasury Department announced a 30-day waiver allowing all countries to purchase Russian oil currently stranded at sea. The development comes…
Russian oil purchase allowed… for now — Scott Bessent announces ‘short-term’ licence as crude prices rise amid Iran war
US Treasury Secretary Scott Bessent on Thursday (local time) announced a temporary authorization for nations to purchase Russian oil stranded at sea in a bid to contain skyrocketing oil prices…
US-Israel war with Iran sends oil soaring, raises alarms for India Inc
The war between the US and Israel on one side and Iran on the other, now in its eleventh day, shows no signs of abating, sending crude prices soaring and…
Oil prices fall after Trump says Iran war will be short lived, US will remove oil-related sanctions
Crude oil prices slumped nearly 10% on Tuesday morning after US president Donald Trump indicated the Iran war could be short-lived and signalled the possibility of easing oil-related sanctions on…
Oil at $100: Iran war puts India’s fuel prices and inflation outlook at risk
The worst-case scenario in the oil market appears to be unfolding: Brent crude has breached $100 per barrel as the conflict involving the US and Israel and Iran continues to…
The end of the ‘youthful’ state? India faces three-speed ageing
New Delhi: India is often described as a youthful country. Justifiably so, given that 58% of its population is below the age of 35 years and 41% is below 25…
Healthcare, tourism sectors key foundations of Developed India, says Modi
NEW DELHI: Sectors such as healthcare, education, and tourism are crucial for the foundations of a developed India, and reforms in these areas are essential for a holistic economic growth,…
Oil prices hit highest since 2022 at more than $119 a barrel on Iran war
Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruption gripped…
G7 to discuss joint release of emergency oil reserves: Report
The Group of Seven (G7) finance ministers will discuss on Monday a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reported. Three…