India's LPG shortage enters third week, with 4 lakh induction cooktops sold in Gurgaon, 396 cylinders seized in Maharashtra, and hotels facing supply constraints. Government pushes PNG adoption.
Global crude oil prices edged lower Friday after a sharp rally, as statements from US President Donald Trump and Israeli PM Benjamin Netanyahu eased market fears over further attacks on energy infrastructure in the Persian Gulf region.
Gold and silver prices tumbled sharply after oil surged to a near three-year high, raising inflation concerns, and the US Federal Reserve maintained interest rates, strengthening the dollar.
Eminent economist Prof Karthik Muralidharan highlighted the critical need to enhance state capacity, governance, and public service delivery as key drivers for India's development during a lecture in Shimla.
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Indian agencies face a surge in natural gas prices, doubling to $19-20 per MMBtu due to Middle East tensions. Spot purchases aim to secure supply for critical industries like fertiliser, boosting urea production.
Gold prices in the UAE have fallen sharply by over Dh50 from March peaks, creating a surge in last-minute Eid shopping across Dubai's jewellery markets as 24K gold drops to around Dh554 per gram.
An analysis of India's selective outrage over welfare schemes versus massive bank write-offs, highlighting constitutional principles of equality and transparency in public finance.
Nashik's gold markets saw robust Rs70 crore sales on Gudi Padwa despite soaring prices, while real estate faced subdued demand due to geopolitical tensions.
The Trump administration signals a waiver on floating Iran crude oil to stabilize global energy markets, potentially allowing India to resume imports and diversify its supply amid rising prices.
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Retail lemon prices in Andhra Pradesh have surged by 50% in weeks, hitting ₹160-200 per kg, as early summer heat spikes demand and supply falters, straining budgets.
The Indian government has issued a new order requiring all oil and gas entities to submit detailed operational data to enhance energy security and monitor supply chains disrupted by the Middle East conflict.
The Ministry of Petroleum reassures uninterrupted fuel supply in India, with stable crude oil and refinery operations. LPG availability remains adequate despite rising demand, while strict action targets hoarding and black marketing nationwide.
The Indian government has warned that any incident in the Middle East could significantly impact India's economy, affecting trade, energy supplies, and inflation.
A viral video captures a street vendor blaming LPG price hikes for increased chaap costs, only to be caught cooking with coal, highlighting India's ongoing gas shortage impact on small businesses.
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India's economic stability is under severe pressure as rising crude oil prices due to escalating geopolitical tensions threaten to disrupt low inflation and high growth. Key risks include higher inflation, slower GDP growth, and a widening current account
Global oil and natural gas prices surged sharply after Iran launched strikes on key energy facilities in the Gulf, including Qatar's LNG hub, disrupting supply and raising inflation fears.
The Indian rupee plunged 49 paise to a historic low of 92.89 against the US dollar on Thursday. The RBI has dramatically increased its market intervention, with net-short dollar positions nearing $100 billion to combat volatility and dollar strength.
A strike on Qatar's Ras Laffan LNG hub exposes India's vulnerability to global energy shocks, threatening rising gas prices, LPG shortages, and economic ripple effects.
Gold prices may see an upside swing, while silver could move up to Rs 285,000, according to Abhilash Koikkara of Nuvama. MCX Gold holds bullish trend above 150,000 support, with silver poised for gains if it stays above 238,000.
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Brent crude oil prices surged over 4% to $112.17 per barrel following Israeli strikes on an Iranian gas field and retaliatory attacks on Qatar's key fuel hub, raising global supply concerns.
Punjab's electricity demand has sharply fallen from 11,400 MW to 5,500 MW due to recent rainfall and cooler weather, providing relief to PSPCL amid grid stability concerns.
The Indian rupee closed at a historic low of 92.63 per US dollar, driven by the West Asia conflict, soaring oil prices, and significant foreign portfolio outflows. Experts warn of potential further depreciation beyond 93.
India faces the challenge of sustaining high economic growth to break free from the low-income trap and achieve upper middle-income status, amidst global and domestic headwinds.
The Federal Reserve maintained interest rates at 3.50%-3.75%, citing ongoing inflation and geopolitical risks from the US-Israel strikes on Iran, which have driven up oil prices.
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India's net direct tax collection grew 7.1% to approximately Rs 22.8 lakh crore till March 17, 2026, driven by higher corporate tax receipts and reduced refund outflows, according to official data.
US wholesale prices rose more than expected in February, with the producer price index increasing 0.7% monthly and 3.4% annually. The data, released before the Iran conflict escalated energy prices, signals persistent inflationary pressures that could com
The Indian government has sanctioned Rs 17,185.6 crore to the Cotton Corporation of India for procurement operations, ensuring price stability and farmer support.
Gold prices dropped in major Indian cities on Wednesday, tracking domestic futures weakness as investors awaited the US Federal Reserve's policy outcome. Key cities like Delhi, Mumbai, and Chennai saw declines in 24K and 22K gold rates.
A recent report highlights Karnataka's leading 7.8% growth rate among southern Indian states, with Telangana, Andhra Pradesh, and Tamil Nadu also showing strong economic performance.
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Crude oil futures in India declined by Rs 137 to Rs 8,734 per barrel as markets reacted to signs of easing supply concerns. Analysts note ongoing volatility due to geopolitical risks.
