No Fuel Price Hike Until Crude Oil Hits $128/Barrel: Centre
The Indian government has committed to maintaining stable fuel prices, assuring no increase until global crude oil surpasses $128 per barrel, despite ongoing West Asia conflicts.
The Indian government has committed to maintaining stable fuel prices, assuring no increase until global crude oil surpasses $128 per barrel, despite ongoing West Asia conflicts.
Surging crude oil prices above $120/barrel pressured oil & gas and paint stocks, with BPCL, HPCL, GAIL, and Asian Paints falling sharply. Reliance Industries rose 1.4% on strong refining margins, while ICICI Securities warns of Nifty impact if prices stay
Deen Dayal Upadhyay Gorakhpur University organized a two-day national seminar on GST, supported by ICSSR, featuring experts and academicians discussing its economic impact and future directions.
Oil marketing companies have directed distributors to stop fresh bookings for commercial LPG cylinders in Rajasthan, impacting hotels, restaurants, and vendors. The move aims to prioritize domestic households amid global supply disruptions.
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RecommendedThe Union petroleum ministry has suspended commercial LPG cylinder distribution due to West Asia conflict disruptions, impacting Kolkata's restaurants, bakeries, and hospitality sector.
The Gurugram Metropolitan Development Authority has invited bids for a Rs 755 crore project to build a 4.2 km elevated corridor on Southern Peripheral Road, aiming to create a signal-free route from Vatika Chowk to NH-48 and ease traffic congestion.
Sebi chief Tuhin Kanta Pandey advises investors not to panic despite market volatility from geopolitical tensions, emphasizing India's strong economic fundamentals and the Nifty 50's resilience over 30 years.
The Directorate General of GST Intelligence reveals Fino Payments Bank and CEO Rishi Gupta facilitated dummy entities in a massive online gaming fraud, with Rs 3,000 crore routed through shell firms.
The Indian rupee plummeted to a historic low of 92.33, dropping 58 paise, as escalating West Asia tensions drove crude oil to $119 a barrel and triggered foreign capital outflows.
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RecommendedA seminar in Madhubani's Pandaul Industrial Area brought together officials and entrepreneurs to discuss Bihar's industrial promotion schemes, including the 2016 policy and new 2025 package with incentives like GST reimbursement and interest subvention.
Deteriorating West Asia situation and weak global markets led to a sharp sell-off on Dalal Street, with Sensex plunging nearly 2,500 points early Monday before recovering partially to close down 1,353 points.
The Noida District Consumer Commission has ruled against Care Health Insurance for wrongfully rejecting a woman's accidental death claim after her husband died from electrocution at home in 2018.
Hotels and eateries in Bengaluru report severe commercial LPG shortages, with only 10% receiving supply. The Bangalore Hotels Association warns of temporary closures if the situation persists, citing government prioritization of domestic consumers.
The Reserve Bank of India is observing Digital Payment Awareness Week from March 9 to 15 under the 'Har Payment Digital Mission', focusing on the theme 'Safe Digital Payments' and the message 'Thoda Dhyaan Se'.
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RecommendedThe UP Energy Expo 2026, scheduled for May 7-9 in Lucknow, will bring together over 150 exhibitors and 60 speakers to discuss renewable energy technologies, policies, and investment opportunities.
The Centre establishes a dedicated panel to ensure reliable LPG supply to the hospitality sector, with oil refineries directed to boost production for domestic use.
A devastating fire at an FCI warehouse in Deshnok near Bikaner destroyed over 11.5 lakh kg of groundnuts, causing crores in damages. Firefighters battled the blaze overnight with eight tenders.
The Centre has approved KIOCL's proposal to explore iron ore in a 160-acre forest area within Chitradurga's Holalkere range, part of the historic Nirthadi Reserve Forest.
NHPC has approved investment for the 260-MW Dulhasti Stage-II Hydro Electric Project in Jammu & Kashmir, costing Rs 3,200 crore with a 44-month timeline. The project received environmental clearance in January.
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RecommendedLudhiana Municipal Corporation struggles with a Rs 238 crore revenue deficit, impacting infrastructure projects and increasing reliance on federal grants as budget preparations intensify.
Taxi drivers at Kempegowda International Airport in Bengaluru report severe business decline, with trips per 24-hour shift dropping from 3-5 to less than 2, highlighting economic strain in the transport sector.
Cargo services at Kempegowda International Airport in Bengaluru have seen a sharp 30% drop in volumes, directly linked to the ongoing conflict in West Asia, disrupting key trade routes and logistics.
Indian equities fell sharply as crude oil exceeded $100 a barrel, causing margin stress for traders in Gujarat. Brokers are liquidating positions due to collateral erosion amid market declines.
INTUC President G. Sanjeeva Reddy demands immediate steps from central and state governments to restart the JCT Mill in Jalandhar, highlighting its economic and employment significance.
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RecommendedMassive national highway construction in Kochi is redirecting real estate demand from the city center to suburbs like Maradu and Kundanoor, with land prices surging 25-30% near projects. Mid-range properties under Rs 1 crore are attracting families and lo
A nationwide survey finds 36% of health and life insurance policyholders did not receive benefits from GST reduction, with insurers raising base prices instead.
A massive fire at Ganesh Chemical Company in Ambernath's Anandnagar MIDC area triggered loud explosions, forcing evacuations of workers and nearby residents. Firefighters from multiple cities battled the blaze for hours.
Commercial LPG supply halts across India as government prioritizes domestic users amid Iran war disruptions, forcing restaurants and industries to face shutdowns and black market risks.
Surat Consumer Commission criticizes New India Assurance for rejecting a student's medical claim, ordering payment of Rs 2.02 lakh plus compensation for appearing in exams during hospitalization.
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RecommendedSouthern Railway announces an e-auction to operate a new multi-level parking facility at Egmore station's multi-functional complex, enhancing passenger amenities and infrastructure.