India Seeks US Waiver for Russian LNG Amid Supply Crisis
India has approached the US for a sanctions waiver to purchase Russian LNG, as Middle East conflicts disrupt global gas supplies via the Strait of Hormuz. Talks with Russia are advancing.
Category : Business
Rupee Hits Record Low of 94.30 vs Dollar on War, Outflows
The Indian rupee plunged to a historic low of 94.30 against the US dollar, driven by foreign investor outflows and oil price surges from the US-Iran conflict, worsening inflation and deficits.
LPG Shortage Fears Spark Meme Fest in India Amid US-Iran Tensions
As US-Iran tensions threaten Middle East energy flows, India faces LPG shortage fears, sparking a viral meme fest online while government assures stable supplies.
ITAT Mumbai Favors Taxpayer in Rs 11.7 Crore Flat Case
The Income Tax Appellate Tribunal in Mumbai has ruled that surrender of tenancy rights qualifies as capital asset transfer, granting Section 54F exemption for a Rs 11.7 crore flat received in redevelopment.
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SBI Life-Backed NBFC Stock in Focus as Indices Fall
A non-banking financial company backed by SBI Life Insurance is attracting investor interest despite a downturn in benchmark indices, with key details on its performance and market positioning.
India Increases LPG Allocation to 70% for Industries
The Indian government has raised commercial LPG allocation to 70% to support key industries like steel and textiles, ensuring energy security during the Middle East conflict.
Private Sector Key to Industrial Cluster Management: Assocham
Assocham President Nirmal Kumar Minda advocates for private sector leadership in industrial cluster schemes and warns West Asia conflict could lower global growth below IMF's 3.3% projection.
India Cuts Fuel Taxes Amid Global Oil Price Surge
The Indian government has slashed excise duties on petrol and diesel to absorb the impact of soaring global crude prices triggered by Middle East conflicts. Retail fuel prices are expected to remain stable despite the tax cuts.
States' Commercial LPG Quota Raised to 70% Pre-Crisis Level
The Ministry of Petroleum has increased non-domestic LPG allocation for states to 70% of pre-crisis levels, prioritizing labor-intensive industries like steel and textiles, alongside excise duty cuts on fuels.
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FCC Moves to Onshore Call Centers, Mandate English Skills
The US FCC has voted to initiate a proceeding aimed at bringing call center jobs back to the US and requiring English proficiency for agents. The move targets outsourcing trends and security risks from foreign centers.
Extra 20% Commercial LPG for Steel, Auto, Textile, Dye Sectors
The Indian government has allocated an additional 20% commercial LPG to states, targeting labour-intensive industries such as steel, automobile, textile, and dye. This raises total allocation to 70% of pre-crisis levels, with conditions including PNG regi
Rupee Hits Record Low of 94.56 vs US Dollar
The Indian rupee plunged to an unprecedented low of 94.56 against the US dollar during intra-day trading on March 27, 2026, marking a significant 60 paise decline from its previous close.
Noida Airport Stunning Interior Photos Emerge Ahead of PM Modi Opening
Exclusive interior photos of the upcoming Noida International Airport have been released, showcasing its modern design and advanced facilities ahead of Prime Minister Narendra Modi's scheduled inauguration ceremony in 2026.
Gold Price Prediction: Buy on Dips Strategy Recommended
Gold prices show steady recovery on MCX, with analysts recommending a buy-on-dip strategy. Technical indicators like EMA, RSI, and MACD support bullish momentum above ₹1,45,000.
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Goyal Calls for Inclusive, Transparent WTO Reforms
Union Minister Piyush Goyal emphasized the need for WTO reforms to be transparent, inclusive, and member-driven, focusing on development and restoring dispute settlement systems.
ACES India Enables 4G & 5G at Noida Airport Ahead of Launch
ACES India has enabled seamless 4G and 5G connectivity at Noida International Airport through partnerships with Airtel, Jio, and Vodafone Idea, ensuring high-speed services from day one.
FM Sitharaman Dismisses Lockdown Rumors Amid Fuel Crisis
Finance Minister Nirmala Sitharaman denies reports of a lockdown due to West Asia conflict, announces excise duty cuts to stabilize fuel prices and ensure supply.
CSR Spend Zooms, Priority Districts Get Little: Crisil
A Crisil report reveals India's CSR spending has surged to over Rs 1.22 lakh crore in a decade, but only 12% targets aspirational districts, highlighting a need for better alignment with national development goals.
New ATM Rules from April 1: What Changes for Customers
Starting April 1, new ATM rules in India bring changes to transaction limits, charges, and security measures, impacting millions of banking customers nationwide.
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Oil Prices Face Steepest Weekly Fall in 6 Months
Global oil prices are on track for their steepest weekly drop in six months, driven by rising US inventories, demand concerns, and a stronger dollar, impacting markets worldwide.
India's Fuel Tax Shift: Export Duties Up, Domestic Taxes Down
In response to the Middle East conflict disrupting oil supplies, India has raised export duties on diesel and ATF while reducing excise duties on domestic petrol and diesel to protect consumers.
Rupee Crashes to Record Low of 94.29 per Dollar
The Indian rupee fell 33 paise to a historic low of 94.29 against the US dollar, driven by surging oil prices, a strong dollar, and West Asia conflict tensions.
Govt Cuts Petrol, Diesel Excise Duty to Keep Fuel Prices Stable
The Finance Ministry has reduced excise duty on petrol from Rs 13 to Rs 3 per litre and on diesel from Rs 10 to zero. A new duty on ATF is introduced at Rs 50 per litre, with exemptions capping it at Rs 29.5 per litre.
Puri Denies Lockdown Rumors, Criticizes Harmful Misinformation
Union Minister Hardeep Singh Puri dismisses false lockdown rumors in India, calling them irresponsible. He details government measures to stabilize fuel prices and ensure supply amid global energy crisis.
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India Cuts Fuel Duty, Raises Export Costs to Protect Consumers
The Indian government has reduced excise duty on petrol and diesel by Rs 10 per litre while imposing new export taxes on fuel shipments to ensure domestic availability amid global supply concerns.
Gold, Silver Prices Climb Post-Crash; Outlook Examined
Gold and silver prices rise on MCX and globally, driven by a softer US dollar and geopolitical developments. Experts discuss the outlook amid inflation and rate concerns.
India Cuts Fuel Excise Duties Amid Global Oil Price Surge
The Indian government has drastically reduced excise duties on petrol and diesel, eliminating the levy on diesel and cutting petrol duty to Rs 3 per litre, in response to soaring crude oil prices driven by the West Asia crisis.
Fuel Duty Cut to Shield Indians from Global Price Surge
Union Minister Hardeep Singh Puri announced excise duty reductions on petrol and diesel, citing global energy price volatility due to Middle East conflicts and Strait of Hormuz disruptions.
Uday Kotak's Mumbai Mansion: The Champagne House of Luxury
Explore Uday Kotak's iconic Mumbai residence, Champagne House, a sea-facing Worli property purchased for ₹385 crore. Discover its prime location, architectural elegance, and redevelopment plans.
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India Reduces Fuel Taxes as Global Oil Crisis Hits Neighbours
The Modi government has reduced excise duties on petrol and diesel to shield consumers from global oil market volatility. India's proactive supply strategy contrasts sharply with Pakistan's rising fuel costs.
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