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…
Category: Economy
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…
SpiceJet Chairman warns of possible ‘fuel surcharge’ even if crude stays at around $90 amid West Asia tensions
Ajay Singh, the chairman and managing director of SpiceJet, cautioned that Indian carriers might have to reassess their growth plans as crude oil prices remain excessively high, even at $90…
Centre seeks Parliament nod for net extra spending of ₹2 trillion in FY26 amid commodity price volatility
NEW DELHI: The Centre on Tuesday sought Parliament’s approval for ₹2 trillion in net additional spending this fiscal, driven largely by higher food and fertilizer subsidies, defence revenue expenditure and…
LPG shortage: Check how much 14.2 kg cooking gas cylinder costs in your city — Delhi, Mumbai, Kolkata, Bengaluru
LPG price hike: Prices of domestic cooking gas cylinders were hiked by a steep ₹60 each, as oil marketing companies factored in the liquid petroleum gas (LPG) supply issues due…