LPG bookings in India have dropped to 77 lakh after a panic-driven surge, as the government assures stable fuel supplies and encourages commercial users to adopt piped natural gas to ease demand pressure.
The UAE Ministry of Finance has launched the Federal Budget Yearbook 2026, outlining a balanced budget of AED92.4 billion focused on social development, economic growth, and financial sustainability under the theme 'Investing in People, Securing the Futur
Union Minister Piyush Goyal assures India has sufficient fuel stocks and no supply disruptions despite Middle East tensions. Government to unveil support plan for exporters next week.
Gender economist Corinne Low exposes the impossible pressures on working mothers, debunking three major myths and calling for systemic change to address the 'squeeze' women face between career and family.
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India faces a severe LPG cylinder shortage impacting major cities like Bengaluru and Mumbai, exacerbated by the US-Iran conflict disrupting Gulf energy routes. The crisis has drawn comparisons to the COVID-19 pandemic's impact on food vendors.
Ministry of Petroleum assures stable LPG supply in India despite geopolitical concerns, but panic bookings surge from 7.5 million to 8.8 million, urging consumers to avoid hoarding.
Union Minister Piyush Goyal asserts India's robust position to handle crude oil and fuel supply challenges amid West Asia tensions, emphasizing strategic reserves and diversified sourcing.
The ongoing conflict in West Asia disrupts LPG shipping via the Strait of Hormuz, driving up prices in India. The US leads global LPG production, while India faces import dependency amid rising costs.
RBI Governor Sanjay Malhotra highlighted India's rare low-inflation, high-growth period, but economists warn the US-Israel-Iran war and oil above $100 could slash GDP by 0.4-0.75% and spike inflation, impacting CAD, rupee, and fiscal deficit.
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Canada's labor market experienced an unexpected setback in February 2026, losing 83,900 jobs and pushing unemployment to 6.7%. This sharp decline complicates the Bank of Canada's monetary policy decisions amid a fragile economic recovery.
With LPG supply disruptions due to geopolitical tensions, Indian households face cooking challenges. Discover 5 practical alternatives like induction cooktops, solar cookers, and biogas systems to sustain meals during shortages.
Pakistan's PM Shehbaz Sharif approves 5-30% salary cuts for state-owned enterprise employees as part of austerity measures linked to the US-Israel-Iran conflict's economic impact, including fuel price hikes and vehicle reductions.
India's government has eased Press Note 3 restrictions on Chinese investment, yet strong security constraints continue to limit FDI inflows, revealing economic and security policy contradictions.
HSBC Mutual Fund report highlights India's robust economic outlook, supported by favourable interest rates, liquidity, and government infrastructure spending, despite global macroeconomic uncertainties.
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A State Bank of India report warns that potential El Nino weather patterns and ongoing geopolitical conflicts could drive up inflation in 2026, impacting agriculture and energy markets.
Crude oil prices have surged over 40% in 15 days due to the US-Israel-Iran conflict, disrupting the Strait of Hormuz and impacting global energy markets, particularly in Asia.
A severe LPG shortage in Kerala has forced hotels and restaurants to close, prompting migrant workers to return home early for Ramzan and upcoming elections in West Bengal and Assam, causing a labor crisis.
India's corporate profitability is under scrutiny as crude oil price swings and supply disruptions threaten the economy, with oil and gas making up over a third of the energy mix.
A LocalCircles survey reveals 11% of Bhopal households bought domestic LPG cylinders on the black market last week due to supply chain disruptions linked to global geopolitical tensions.
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Precious metal prices fell sharply on Friday, with silver tumbling 4% to Rs 2.7 lakh/kg and gold sliding to Rs 1.6 lakh/10g due to a robust US dollar and global monetary policy concerns.
Fitch Ratings has upgraded India's GDP growth projection for fiscal year 2026 to 7.5%, citing robust economic momentum and strong domestic demand. This revision reflects confidence in India's economic resilience and policy framework amid global uncertaint
India's foreign exchange reserves fell sharply to $716.8 billion, with the RBI selling dollars to support the rupee amid Iran-Israel conflict pressures and rising oil prices.
The Indian rupee closed at 92.46 on Friday, down 27 paise, after touching a record low of 92.48. High crude prices, weekend dollar demand, and geopolitical tensions from the Iran-Israel war pressured the currency, with RBI intervention limiting losses.
Finance Minister Nirmala Sitharaman announces a Rs 1 lakh crore Economic Stabilisation Fund to tackle global headwinds from the West Asia conflict, ensuring fiscal resilience and support for key sectors like fertilizers and food security.
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India faces LPG cylinder shortages due to West Asia tensions disrupting imports. Govt urges households and businesses to switch to PNG, prioritizes domestic supply.
Hundreds of food vendors in Gurgaon are on the brink of closure due to a severe LPG supply crunch, triggered by global conflicts disrupting energy routes. Many are forced to consider returning to their hometowns as suppliers fail to deliver.
The closure of the Strait of Hormuz due to West Asia conflict is severely impacting India's crude oil and gas imports, leading to inflation and supply chain disruptions across households and industries.
Despite a sharp decline in wholesale egg prices in Karnataka due to export disruptions from the West Asia conflict, consumers in Bengaluru see no relief as retailers maintain high rates, highlighting supply chain issues.
NITI Aayog's Fiscal Health Index ranks Punjab as the most fiscally stressed major state, with Himachal Pradesh facing structural pressures, while Haryana shows moderate stability amid rising debt concerns.
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India's foreign exchange reserves decreased by $11.68 billion to $716.81 billion in the week ending March 6, 2026, with gold reserves also dipping by $1.612 billion, as reported by the Reserve Bank of India.
