Amritsar LPG Crisis Fuels Shift to Alternative Cooking Methods
Amritsar faces an LPG shortage, driving families to buy induction cooktops and traditional hearths. Prices soar as black market refills hit Rs 2,500, with migrant workers hit hardest.
Category : Economy
Railway Board Hikes Loco Pilot Kilometerage Allowance by 25%
The Railway Board has approved a 25% increase in kilometerage allowance for loco pilots, following over two years of representations and protests by employee unions.
India's Forex Reserves Drop $7 Billion to $709.76 Billion
India's foreign exchange reserves decreased by $7 billion to $709.76 billion for the week ended March 13, 2026, with foreign currency assets falling $7.678 billion to $555.568 billion, as per central bank data.
Bulk Diesel Price Up Rs 22/Litre as Global Oil Surges
India increased bulk diesel prices for industrial users by about Rs 22 per litre due to global oil price spikes from Middle East conflict, while retail petrol and diesel rates remain unchanged.
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Gold Prices Drop Despite Global Conflicts: Key Factors Explained
Gold prices are falling globally and in India despite Middle East tensions, driven by high US interest rates, a strong dollar, inflation fears, profit-taking, and festive selling. This article breaks down the surprising market dynamics.
Hailstorms, Rain Damage Rabi Crops; Centre Orders Survey
Severe hailstorms and untimely rainfall have caused widespread damage to rabi crops across multiple Indian states, prompting the central government to order an immediate assessment of losses.
Premium Petrol Prices Up ₹2.35/Litre in India Amid Conflict
India has increased premium petrol prices by ₹2.09 to ₹2.35 per litre effective March 20, 2026, due to global supply concerns from West Asia tensions. Regular fuels remain unchanged.
India's Forex Reserves Fall $7 Billion, Gold Rises
India's foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, with foreign currency assets dropping sharply while gold reserves increased.
US-Iran War Impact: Your Monthly Bills Set to Rise in India
The escalating US-Iran conflict is driving up costs for Indian households, from LPG and cooking oil to electronics and travel. Learn how global tensions are reshaping your budget.
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Rupee Hits All-Time Low of 93.71 vs Dollar on Geopolitical Woes
The Indian rupee fell sharply by 82 paise to settle at a historic low of 93.71 against the US dollar, driven by foreign fund outflows and surging crude oil prices amid escalating Middle East conflicts.
Gold Futures Jump Rs 1,914 as Geopolitical Risks Ease
Gold futures in India climbed 1.32% to Rs 1.46 lakh per 10 grams on Friday, driven by firm global trends as geopolitical tensions in West Asia show signs of easing. However, retail gold prices across major cities declined.
Budget 2024: How Govt Raises Money and Spends It
On Budget Day, we analyze government finances: where the money comes from via taxes and borrowings, and where it goes to sectors like infrastructure, welfare, and debt interest.
Rupee Hits Record Low 93.12 vs Dollar on Oil, War Fears
The Indian rupee plunged to a historic low of 93.12 against the US dollar, driven by escalating Middle East tensions and soaring crude oil prices. Despite equity market gains, economists warn of inflation and growth risks.
LPG Crisis: Induction Cooktop Sales Soar, Cylinders Seized
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.
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Oil Prices Fall After Trump, Netanyahu Ease War Escalation Concerns
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, Silver Crash on Oil Rally, Fed Rate Decision
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.
Economist Stresses Need to Strengthen Governance in India
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.
India's LNG Costs Double Amid Conflict, Spot Purchases Rise
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 Drops Over Dh50 in UAE, Triggers Eid Shopping Rush
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.
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Fiscal Double Standard: Welfare vs Bank Write-Offs in India
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.
Gold Shines on Gudi Padwa in Nashik Despite Price Surge
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.
US May Waive Iran Oil Sanctions, Easing India's Crude Supply
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.
Lemon Prices Double in Andhra Pradesh Amid Early Summer
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.
India Mandates Real-Time Energy Data Reporting Amid War
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.
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Centre Confirms No LPG Shortage, Cracks Down on Black Marketing
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.
Middle East Conflicts Pose Risk to India's Economy: Government
The Indian government has warned that any incident in the Middle East could significantly impact India's economy, affecting trade, energy supplies, and inflation.
LPG Crunch Leads to Viral Video on Street Food Price Hikes
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.
India's Economy at Risk from Oil Prices and Geopolitical Tensions
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
Oil, Gas Prices Surge After Iran Attacks Gulf Energy Sites
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.
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Rupee Hits Record Low 92.89 vs Dollar, RBI Steps Up Intervention
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.
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