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.
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.
LPG cylinder and fuel prices remain unchanged today despite supply disruptions from the US-Iran war, with panic buying and black marketing reported across cities. Check city-wise rates for March 18, 2026.
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Gold prices lack bullish bias as geopolitical conflicts and central bank policies weigh on sentiment. Experts predict range-bound trading with key support levels amid inflation concerns.
As LPG cylinder deliveries resume in Bhopal, street food vendors maintain elevated prices, causing financial strain on residents. The unregulated sector shows no signs of price correction.
Finance Minister Nirmala Sitharaman highlights India's robust economy post-Covid and during West Asia tensions, ensuring LPG and fertilizer supplies for consumers and farmers.
Uttar Pradesh outlines a comprehensive growth strategy focusing on healthcare expansion, labor reforms, and industry-led skill development to achieve its trillion-dollar economy goal at the CII UP annual session in Lucknow.
Vegetable prices in Indore have risen sharply by Rs 10-15 per kg over five days as heatwave reduces harvests and market arrivals. Weak demand from hotels and caterers has prevented steeper increases.
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Crude oil prices showed a slight relaxation on Wednesday after initial gains, as Middle East conflicts and supply disruptions from attacks on energy facilities drove volatility. Brent crude and WTI fluctuated, with impacts felt globally, including in Indi
Pune residents face higher costs for Sheer Khurma this Eid as dry fruit prices rise 15-20% due to West Asia war disruptions, despite advance stocking by traders.
A new report reveals that India's Gen Z, making up 27% of the population, will account for nearly $1.3 trillion in consumer spending by 2030, with significant growth in beauty and personal care sectors.
LPG distributors in Chandigarh report panic due to sudden price hikes and 25-day booking delays, questioning government claims of adequate supply and highlighting server crashes and supply-chain inefficiencies.
Chief Economic Adviser V Anantha Nageswaran highlights the renewed importance of swadeshi in India's economic policy, discusses AI's role in education, and addresses global oil price impacts on the rupee at a Kochi event.
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Finance Minister Nirmala Sitharaman detailed a Rs 57,381 crore allocation to the Economic Stabilisation Fund, with major funds for defence, fertiliser subsidies, and LPG production under Atmanirbhar Bharat.
Finance Minister Nirmala Sitharaman announces increased domestic LPG production to protect households from supply disruptions, as India currently imports 65% of its needs, with 90% coming through the volatile Strait of Hormuz.
India's economy faces risks beyond oil imports from the Middle East conflict, with high dependency on diamonds, fertilisers, and polymers, but Barclays notes robust starting conditions offer some resilience.
India's Ministry of Petroleum confirms petrol and diesel prices will remain stable despite West Asia conflict volatility. The government cites diversified imports and strategic management to shield consumers.
India's youth are increasingly educated, with higher enrollment and reduced disparities, but face challenges in job transitions and employment, per the State of Working India 2026 report.
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A Parliamentary committee has called for an urgent review of the Rs 1,000 monthly minimum pension under the Employees' Pension Scheme, deeming it insufficient amid rising living costs and inflation.
The Indian rupee depreciated by 12 paise, settling at a historic low of 92.40 against the US dollar. It had earlier touched an intra-day low of 92.47, marking its weakest performance in Asia.
The Centre acknowledges ongoing energy concerns due to Middle East tensions but assures no LPG dry-outs. Officials report 94% online bookings, enforcement raids, and advise judicious consumption.
India's LPG consumption fell sharply by 17.7% in early March due to war-related supply disruptions in West Asia, forcing government rationing and impacting jet fuel, while petrol and diesel sales surged.
Gold futures on MCX rose sharply as investors sought safe-haven assets due to US-Israel-Iran conflicts, with oil prices staying high and city-specific gold rates detailed.
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India's wholesale price index (WPI) inflation increased to 2.1% in July, up from 1.9% in June, primarily due to higher prices of food articles and metals. This rise signals persistent cost pressures in the economy.
The Indian rupee closed marginally firmer at 92.42 per US dollar, supported by likely RBI intervention, but remains near record lows as Gulf tensions drive oil prices higher, impacting trade.
Gurgaon faces a sharp rise in electricity demand due to LPG shortages, with households and industries switching to induction cooktops. Officials warn of grid strain as temperatures climb.
In Delhi's Chirag Dilli, migrant momo makers face soaring LPG costs due to global energy price hikes, forcing some to switch menus or consider temporary closures as savings vanish.
India's urban unemployment rate declined to a three-month low of 6.6% in February, down from 7% in January, while rural joblessness remained stable at 4.2%. Female employment indicators showed significant improvement.
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Crude oil costs for Indian refiners have skyrocketed 93% since the Gulf conflict began, reaching $136.56 per barrel. Domestic players like IndianOil, HPCL, BPCL, and Reliance Industries face profit erosion as pump prices remain unchanged.
