Fuel, Fertilizer, Forex: Sitharaman Warns of Rs 1 Lakh Crore Loss
Union Finance Minister Nirmala Sitharaman warns that reducing excise duties on fuel could cost the government Rs 1 lakh crore. She urges focus on 'three Fs' amid global crisis.
Union Finance Minister Nirmala Sitharaman warns that reducing excise duties on fuel could cost the government Rs 1 lakh crore. She urges focus on 'three Fs' amid global crisis.
The Real Estate Quality Excellence Awards celebrated industry leaders and innovators shaping the realty sector, recognizing outstanding contributions and projects.
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The upcoming 63-km Lucknow-Kanpur Expressway is expected to boost real estate activity along the route by improving connectivity and supporting industrial movement, according to Knight Frank India.
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Four recent fuel hikes totaling nearly Rs 8 per litre have pushed transporters to the brink, with fuel accounting for 55% of operating costs. Idle vehicles and disrupted supply chains are reported across India.
Indian stock markets jumped over 1% on Monday as crude oil prices dropped below $100 per barrel, easing inflation concerns. Sensex rose 1,073 points to 76,488.
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RecommendedThe Indian rupee strengthened for the third straight session, gaining 35 paise to close at 95.25 against the US dollar, supported by RBI Governor's remarks on forex market stability.
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RBI Governor Sanjay Malhotra said the rupee may be undervalued due to recent depreciation, attributing it to global factors and dollar strength.
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RecommendedInvest Rs 2.22 lakh in Post Office FD for 5 years and get guaranteed interest of Rs 90,000. Current rates up to 7.5% p.a. Safe investment option.
Jack & Jones launches Spring Summer 26 Volume 2, introducing vibrant colors and relaxed fits for the season, aiming to boost fashion-forward wardrobes.
Finance Minister Nirmala Sitharaman criticizes fear mongering amid West Asia crisis, says India's calibrated policy response protects growth. Diesel and petrol excise duty cuts to cost Rs 1 lakh crore.
GRT Jewellers announces a Gold Exchange Mela offering an additional ₹150 per gram on old gold, plus making charge waivers and diamond exchange benefits.
Prime Minister Narendra Modi has been urging Indians to reduce food wastage since 2017. Learn about the scale of the problem and three practical tips to minimize waste at home.
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RecommendedFinance Minister Nirmala Sitharaman calls for focus on fuel, fertiliser, and forex, defends government's calibrated policy response, and criticises pessimism amid West Asia tensions.
The Indian Restaurant Congress expands globally with its landmark London edition during India Week 2026, showcasing Indian cuisine and fostering international culinary collaborations.
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India plans Rs 9 trillion upgrade of power transmission infrastructure to support renewable energy expansion, according to a report.
A healthcare stock surged to a fresh 52-week high after acquiring a multi-specialty hospital, boosting investor confidence and driving share price upward.
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RecommendedShares of HPCL, IOC, and BPCL jumped up to 6% after the government hiked fuel prices for the fourth time in 10 days, while global crude prices fell to a two-week low amid easing US-Iran tensions.
Finance Minister Nirmala Sitharaman said reducing excise duties on petrol and diesel will lead to a revenue loss of about Rs 1 lakh crore, urging confidence amid fuel price hikes.
Finance Minister Nirmala Sitharaman stated that India's domestic economic outlook remains positive and resilient amid global challenges.
A major mining company has inked a Rs 922 crore power deal, potentially reshaping the industry with enhanced energy access and operational efficiency.
Chandigarh MP Manish Tewari has questioned the recent fuel price hike, pointing out that oil companies reported a combined profit of Rs 77,280 crore in the last fiscal year.
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