New Delhi: The government’s strong capital expenditure programme has triggered a revival in private investment and growth in their order book, Confederation of Indian Industry (CII) said on Sunday. The…
Category: Economy
Fertilizer squeeze: Why soaring import costs are a policy tightrope for India
The joint military strikes by the US and Israel on Iran in late February triggered a shockwave far beyond the energy markets, severely disrupting global commodity markets, especially fertilizers. India…
The week in charts: India-Vietnam trade ties, missed direct tax target, PMI rebound
From India and Vietnam upgrading their bilateral ties and setting a $25 billion trade target by 2030, to four states declaring assembly election verdicts amid a mixed economic backdrop, direct…
Oil marketing companies lose ₹30,000 crore a month amid high crude prices: Govt
New Delhi: Public sector oil marketing companies (OMCs) Indian Oil Corp. Ltd (IOC), Bharat Petroleum Corp. Ltd and Hindustan Petroleum Corp. Ltd are losing about ₹30,000 crore a month on…
E-way bill generation eases in April after March peak
New Delhi: Generation of electronic permits for goods shipments within and across states declined 5% in April to 133.3 million from the record 140 million seen in March as the…
Oil prices rise after US, Iran exchange fire at Strait of Hormuz
Global oil prices climbed on Friday morning after US and Iranian forces exchanged fire at the Strait of Hormuz, the first such flare-up since the ceasefire announcement on 7 April.…
After BJP victory, Centre begins review of pending schemes in Bengal
The Union government has launched a comprehensive review of central schemes in West Bengal after the Bharatiya Janata Party’s (BJP) decisive victory in the state assembly elections, according to three…
Parliamentary panel to review domestic output of petroleum products on 15 May
New Delhi: India’s parliamentary panel on petroleum and natural gas is set to review the domestic production of fuels on 15 May, as the country faces energy supply constraints amid…
Broad-based sector stress drove ECLGS 5.0 rollout, says finance secretary
Mumbai: The government expects the West Asia war to have a broad-based impact across industries, with only a handful of sectors seen escaping the fallout, financial services secretary M. Nagaraju…
Oil prices steady as US, Iran consider fresh proposal for peace deal
Global oil prices traded on steady note and marginally higher on Thursday morning as the US and Iran weighed a fresh proposal aimed at ending the conflict in the Gulf.…