Liquified petroleum gas (LPG) or piped natural gas (PNG), with the West Asia war impact fuel supplies across the globe, a decision to shift more towards the latter in order…
Category: Economy
West Asia war: India FY26 growth to see limited hit, but oil price pass-through looms
NEW DELHI: The government sees limited impact of the West Asia war on India’s FY26 growth, but a prolonged disruption could force some pass-through of elevated global oil prices into…
Mint Explainer: Why govt wants stricter gold hallmarking and what will change for buyers
The government is moving to close loopholes in its gold hallmarking system, introducing mandatory item-level tracking to end the fraudulent practice of reusing unique identification codes across multiple pieces of…
Oil prices ease amid hopes of diplomatic resolution between US, Iran
Global oil prices fell nearly 2% on Tuesday morning, even as a US naval blockade of Iranian ports and the Strait of Hormuz began taking effect — a sign that…
India’s retail inflation rises to 3.4% in March
India’s retail inflation climbed to 3.4% in March due to a rise in prices of food and beverages, along with surging energy prices fuelled by the West Asia war, according…
How did MSMEs weather global crises from covid to war shocks?
India’s nearly 80 million micro, small and medium enterprises (MSMEs)—employing over 328.2 million people and contributing 31.1% to gross domestic product (GDP), 35.4% to manufacturing output, and 48.58% to exports—have…
Rainfall below normal? How accurate are predictions by Skymet, IMD?
The El Niño phenomenon could result in one of the driest monsoons in India in at least eight years. Private forecaster Skymet has predicted: the rainfall is likely to be…
India unveils new security standards for its digital payments system to drive global adoption
NEW DELHI: India is moving to position its QR (Quick Response) code-based payment system on the global stage. The Bureau of Indian Standards (BIS) has introduced fresh norms covering biometric…
America’s next Fed chair is caught in a vice
RUNNING THE Federal Reserve is generally considered one of the world’s great jobs. Running America’s central bank with Donald Trump in the White House is a rather thornier proposition. Jerome…
US-Iran peace talk failure to hit market recovery; rupee; oil may see setback
Markets are bracing for a storm after the Islamabad peace talks stalled on Sunday, breaking a brief spell of relief following the US-Iran ceasefire on 8 April. While stocks, currency…