Delhi's per capita income is projected to rise 7.92% to Rs 5,31,610 in 2025-26, with GSDP growth at 9.42%. The city's income is 2.5 times the national average, driven by services sector dominance.
The Indian rupee plunges to record lows near 94 per US dollar as Middle East tensions disrupt global markets. Analysts warn of further weakness if oil prices surge and geopolitical risks escalate.
Gold futures in India plummeted by Rs 8,089 to Rs 1.36 lakh per 10 grams, mirroring a global downturn driven by inflation worries and a stronger US dollar. Analysts predict continued pressure amid West Asia tensions.
The Indian government is considering reducing LPG cylinder sizes to 10kg or 7kg to manage domestic availability amid West Asia tensions. This move aims to ensure equitable distribution but faces consumer and dealer concerns over logistics and usage.
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The Indian government is evaluating measures like reducing LPG cylinder sizes from 14.2kg to 10kg or 7kg to manage domestic supply amid West Asia tensions. This aims to ensure equitable distribution but faces consumer and dealer concerns over logistics an
Dubai's gold market experiences significant price correction after global sell-off, with 22K gold falling below Dh490 per gram. Retailers report increased footfall as shoppers seize the opportunity for post-Eid purchases amid more attractive rates.
Gold prices have plunged sharply due to inflation fears and high interest rates, with escalating US-Israel-Iran conflicts and strong dollar adding pressure. Technical analysis suggests further downside risks.
Gold prices have tumbled to their steepest weekly fall in nearly four decades, dropping to $4,354 per ounce amid Middle East tensions. The decline raises questions about gold's safe-haven status as financial factors dominate market behavior.
The Indian rupee tumbled to a historic low of 93.86 against the US dollar, driven by escalating Middle East tensions, soaring crude oil prices, and foreign fund outflows. Asian currencies and Indian stock markets also faced significant declines.
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The Indian rupee tumbled 33 paise to a fresh all-time low of 93.86 against the US dollar in early trade, driven by foreign fund outflows and rising crude oil prices due to West Asia tensions.
Gold and silver prices fell sharply in international markets, with gold dropping over 2% to a four-month low. Analysts attribute the decline to US-Iran tensions, high oil prices, and expectations of tighter interest rates, predicting range-bound movement
India faces a severe LPG shortage due to West Asia tensions, disrupting supply chains. Restaurants shift to electric cooking, PNG demand spikes in Pune, and the Centre considers smaller cylinders to manage availability.
Brent crude hovers near $112, WTI at $98 as markets react to Trump's threat to strike Iran's power plants if Strait of Hormuz isn't reopened. Tehran vows retaliation, escalating Middle East tensions.
The Indian government is exploring measures like providing 10kg or 7kg LPG cylinders instead of the standard 14.2kg to address potential shortages due to West Asia tensions, sparking consumer and dealer concerns.
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India's Cabinet Committee on Security, led by PM Modi, discussed measures to mitigate the economic impact of the West Asia conflict, focusing on diversifying imports and ensuring fertilizer availability.
Tamil Nadu ranks 13th in fiscal health despite leading in GSDP growth and social indicators, with NITI Aayog's index highlighting fiscal pressures and potential tax devolution impacts.
Precious metal prices are expected to see consolidation and a slight recovery next week after steep declines, though high interest rates and a strong US dollar may limit gains, according to market experts.
The West Asia conflict is severely impacting India's economy, causing massive FPI outflows, rising oil and LPG prices, and declining coal imports, with inflation and growth risks looming.
Sri Lanka raises fuel prices by around 25%, the second increase in a week, driven by Middle East tensions disrupting global energy markets. The hike sparks transport operator protests and inflation concerns.
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Prime Minister Narendra Modi chaired a high-level meeting on petroleum, power, and fertiliser sectors as Iran-Israel tensions escalate. Iranian threats to regional oil facilities and FPI outflows of Rs 88,180 crore in March highlight economic risks.
The government has directed faster processing of city gas projects and increased commercial LPG allocations to key sectors like restaurants and hospitals, while maintaining stable domestic supply amid global uncertainties.
The Indian government has announced a 20% additional quota for commercial LPG cylinders, raising the total allocation to 50% of pre-conflict levels to aid restaurants, hotels, and other food-related businesses facing shortages.
The government has modified the Mutual Credit Guarantee Scheme, setting a 10-year expiry for guarantees to better assist MSME manufacturers and exporters.
India's power secretary Pankaj Agarwal assures that the Middle East conflict won't disrupt peak summer electricity demand, citing limited gas use and reliance on coal, renewables, and battery storage.
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Telangana's IT exports have surged to Rs. 3.13 lakh crore, driven by a robust services sector that contributes 68.6% to the state's GSVA in 2025-26, highlighting significant economic growth.
The Indian government has recalibrated its foreign direct investment framework for land-bordering countries, allowing minority ownership via overseas entities through the automatic route while maintaining approval requirements for direct investments.
Iran introduces its highest-value banknote, a 10 million ial note worth about $7, as economic turmoil and war push the financial system to the brink, with cash shortages and inflation soaring.
Global markets face volatility as the Middle East conflict enters its fourth week, erasing Rs 12.87 lakh crore in a single day. NSE expert Harish K Ahuja urges retail investors to stay patient and focus on long-term fundamentals.
A detailed analysis reveals India's increasing reliance on imported natural gas, impacting energy security and household budgets. Explore key trends through five charts.
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As Middle East tensions escalate, Indian consumers face rising fuel costs with premium petrol up over Rs 2/litre and bulk diesel surging Rs 22/litre, while retail prices remain unchanged amid global oil volatility.
