New Delhi: India’s electronics manufacturing services (EMS) firms are in wait-and-watch mode as the West Asia war disrupts the tech component supply chain and pushes commodity prices upward. While Dixon…
Category: Economy
India’s Apr-Feb fiscal deficit hits 80% of FY26 target
India’s fiscal deficit for the April-February period of 2025-26 stood at ₹12.5 trillion, or 80.4% of the revised estimates (RE), according to data released by the Controller General of Accounts…
India’s industrial production grows 5.2% in February
India’s industrial production growth accelerated to 5.2% year-on-year in February 2026, marking a two-month high, led by a robust expansion in manufacturing and supported by moderate growth in mining and…
Global oil prices up 3% as Iran war escalates, Yemen’s Houthis launch attacks on Israel
International crude oil prices rose more than 3% on Monday morning as the West Asia war escalated, with Yemen’s Houthi militants opening a new front through missile and drone attacks…
Govt eases kerosene rules for quick household distribution amid LPG supply crunch due to West Asia war
The central government has today relaxed petroleum safety and licensing rules to allow faster distribution of kerosene to households, amid impact of the US-Israel-Iran war on supply of liquified petroleum…
No LPG dry out, ‘sufficient’ stock of petrol, diesel, two tankers enroute to India amid West Asia war: Check top updates
The Ministry of Petroleum and Natural Gas (MPNG) today said the government is “maintaining continuous oversight” and undertaking appropriate measures to ensure stability across key sectors amid the war in…
Pakistan to get $1.2 billion as IMF, Islamabad reach staff-level agreement after month-long review
The International Monetary Fund and Pakistan have reached a staff-level agreement under which the fund will disburse approximately $1.2 billion to Islamabad in funding, the organisation said on Saturday. The…
Brazil’s energy pitch to India: More crude for refining expertise.
Brazil, the top South American oil producer, can help meet India’s crude oil demand and, in turn, import more diesel from New Delhi, the world’s fourth-largest refiner, said Brazilian ambassador…
The week in charts: Inflation target, IPO deadlines, polluted cities, GDP growth cut
From India retaining its 4% medium-term inflation target to IPO approvals nearing expiry amid market volatility, several Indian cities topping global pollution charts, a reversal in women’s exit from farm…
Centre to borrow ₹8.2 trillion in FY27 first half; no impact of Iran war — yet
The Centre will borrow ₹8.2 trillion, about half of the gross borrowing requirement projected for the next financial year starting April, the finance ministry’s half yearly borrowing plan released on…