RBI, govt moves may lower need for more OMO purchases in FY27: Experts
Economists predict that recent government and RBI measures to attract foreign capital inflows will ease liquidity pressures and reduce the…
Category: World
Govt extends Rs 1.23 lakh cr bailout for oil companies losing Rs 652 cr per day
Govt announces Rs 1.23 lakh crore support for OMCs amid West Asia conflict, fuel losses persist. The central government has…
One-fifth of global LNG supply wiped out; billions in new projects may follow
Countries across Europe and Asia remain heavily dependent on LNG imports as domestic gas production declines and pipeline supplies remain…
Rupee slips to 95.70 on oil price surge amid renewed Middle East tensions
Indian Rupee ends Monday's trade at 95.70 against US Dollar (Image: AI-Generated) The Indian Rupee posted sharp declines, sliding further…
Despite Rs7.5/litre fuel hike, petrol and diesel sales keep climbing
Petrol consumption rose 6.1% and diesel demand increased 4.8% in May despite fuel prices rising by over Rs 7 per…
Indian farmers lose 54 workdays a year to heat, food inflation risks rise: Study
A new study shows extreme heat is increasingly reducing farm productivity in India, with agricultural workers losing 648 hours annually…
India records $7.1 billion Q4 surplus, holding full-year deficit to 0.6% of GDP
The improvement on the services side and from remittances helped offset a larger goods trade gap. (Image: Reuters) India’s current…
India sees current account surplus in Jan-March
Higher oil prices triggered by escalating West Asia tensions pushed the rupee lower, offsetting gains from recent RBI and government…
Ujjwala beneficiaries to now get Rs 300 LPG subsidy on first 4 cylinders annually, down from 9
The move comes as state-run OMCs face mounting losses on the sale of domestic cooking gas. (Image: Reuters) The Centre…
Maharashtra onion farmers seek relief measures despite the Centre’s procurement push – What have they demanded?
The Centre has set a target of procuring 2 lakh tonnes of onions for the 2026-27 price stabilisation buffer. (Photo…