FM Nirmala Sitharaman Proposes ₹2.81 Lakh Crore Supplementary Grants for Defence, Rural Jobs in Lok Sabha

New Delhi: Union Finance Minister Nirmala Sitharaman on Friday presented the Supplementary Demands for Grants – Second Batch for 2025-26 in the Lok Sabha, proposing a gross expenditure of approximately Rs 2.81 lakh crore.  The proposal, which includes cash, technical, and token s Read More

Govt Issues “No Panic” LPG Assurance; Says Production Up By 30% to Prevent Dry-Outs

The Government of India has issued a strong assurance that the country’s supply of cooking gas remains stable despite ongoing geopolitical tensions in West Asia that have raised concerns over global energy shipments.At a PIB briefing today, officials from the Ministry of Petroleu Read More

LPG Supply Crunch Disrupts IT Campus Cafeterias, Forces Operational Adjustments at Tech Firms

The ripple effects of global energy disruptions are beginning to reach India’s technology sector, with some IT companies adjusting campus operations as cafeteria vendors struggle with commercial LPG supplies.Large corporate campuses across cities such as Bengaluru, Chennai, Pune Read More

Commercial LPG Shortage: How Does It Impact Food Aggregators Zomato and Swiggy?

Amid panic booking of LPG and patterns of hoarding reported by the central administration, a near-term hiccup if shortages persist through March are expected to impact order volumes of food delivery majors such as Zomato, and Swiggy.”Reduced menus, limited cooking hours or tempor Read More

India Likely To Halt US Trade Deal: New Delhi Defies Trump’s Section 301 Probe into Manufacturing Excess

India will hold off on signing a trade deal with the United States for several months, four Indian sources said, as fresh investigations by President Donald Trump’s administration into what it calls excess industrial capacity among trading partners add new friction after an early Read More

Will ‘Crude Shock’ Result In Stagflation In Global Economy?

The Israel-US conflict with Iran, which has already led to a 23% surge in global crude oil prices, and 47% increase in natural gas prices, now raised concerns over stagflation across the global economy.Stagflation refers to an economic situation wherein high inflation, stagnant e Read More

Oil Poised for 10% Weekly Gain as Russia Waiver Fails to Calm Iran War Fears

Oil prices headed for weekly gains as of Friday, despite the U.S. trying to ease supply concerns by issuing a 30-day license for countries to buy Russian oil and petroleum products stranded at sea.Brent futures for May rose $1.02, or 1%, to $101.48 a barrel at 0730 GMT, heading f Read More

How Much Firepower Does the RBI Have? 3 Key Measures Used to Defend the Rupee as Middle East War Rages On

Recent volatility in the Indian Rupee has brought the spotlight back on the intervention tools available to the Reserve Bank of India. As global financial conditions remain uncertain and capital flows fluctuate, the central bank’s ability to stabilise the currency is closely moni Read More

Dollar Climbs With No End In Sight For Iran War; Yen at 20-Month Low

The dollar rose to a more than three-month high on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro fell to its lowest level since November, and Japan warned that it was ready Read More

India Gold Discounts Hit Near-Decade High; Mideast Tensions Lift China Demand

Gold discounts in India widened this week to their deepest point in nearly a decade as demand stayed subdued and some traders steered clear of paying import duties, while escalating Middle East tensions boosted safe-haven demand in China.”A few importers (to India) are declaring Read More