Category: Economy
Expensive crude oil: An inflation India might benefit from
The oil markets are rattled. Iran has decided to play bouncer at the Strait of Hormuz and oil prices are over $100 with confident predictions…
Freight surge, LPG shortage amid West Asia crisis hit eastern India’s exports
The ongoing West Asia crisis has sharply disrupted exports from eastern India, driving freight rates higher, squeezing production, and leaving hundreds of containers stranded at…
Reducing import dependence through refining and recycling the way to navigate India Gold sector: Report
New Delhi: India’s gold sector is currently undergoing a structural transformation as the industry navigates a shift from consumption-led to investment-led demand. According to a…
From India to South Korea, Asia is getting crushed between oil prices and the dollar amid Iran war
NEW DELHI: Across Asia, countries already vulnerable to the sustained disruption in energy supplies from the Persian Gulf are also contending with an ominous side…
India gathers data to counter US claims of excess capacity
New Delhi: India has begun compiling granular industry data after the US sought consultations under a Section 301 probe into alleged excess capacity. The commerce…
India retains inflation target at 4% for next five years
New Delhi: India has kept its retail inflation target for the central bank unchanged at 4% ( plus or minus 2 percentage points), opting for…
Rupee slide may fuel imported inflation risks, say experts
New Delhi: A slide in the rupee could stoke fresh concerns around imported inflation, economists warn, as elevated oil and commodity prices and increased logistics…
West Asia crisis: Shivraj Singh Chouhan sets up cell to track seed, fertiliser availability
New Delhi: Agriculture minister Shivraj Singh Chouhan has set up a special monitoring cell to track daily availability of key agricultural inputs like fertilisers and…
Finance Minister Nirmala Sitharaman moves Bill to amend IBC, speed up resolution
New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Wednesday moved a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code,…
Lok Sabha approves Finance Bill, tax rules eased
New Delhi: The Lok Sabha passed the Finance Bill on Wednesday, approving several key amendments, including enhanced powers for tax authorities, changes in taxation on…