Category : Economy


India's LPG Crisis: GoM Formed, PNG Push to Reduce Imports

The Indian government has formed a Group of Ministers to address LPG and LNG supply disruptions, while phasing out LPG for households with PNG access. This move aims to reduce import reliance and accelerate pipeline infrastructure.

LPG Policy Confusion Sparks Long Queues in Kolkata

Confusion over LPG distribution rules led to long queues in Kolkata as consumers rushed for eKYC. Officials clarified the March 31 deadline applies only to PMUY beneficiaries, not regular users, and refill gaps remain at 25 days.

CCPA Warns Hotels on Hidden 'Gas Surcharge' in Food Bills

The Central Consumer Protection Authority has issued a strict advisory, warning hotels and restaurants against levying additional charges like 'LPG charges' or 'fuel cost recovery' on food bills, calling it an unfair trade practice.

RBI's 4% Inflation Target Extended to 2031 by Government

The Indian government has extended the Reserve Bank of India's mandate to maintain retail inflation at 4% with a tolerance band of 2-6% for another five years until March 31, 2031, continuing the flexible inflation-targeting framework.

Trust-Based Tax System Core of Finance Bill 2026: FM

Finance Minister Nirmala Sitharaman announced that the Finance Bill 2026 centers on a trust-based tax administration to ease burdens for honest taxpayers, emphasizing economic reforms driven by conviction.

Rupee Gains 12 Paise to 93.86, Snaps Record-Low Streak

The Indian rupee closed at 93.86, appreciating by 12 paise, ending a three-day record-low run as easing oil prices and mixed geopolitical signals provided relief. Analysts caution that global uncertainty continues to pressure the currency.

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