Economy

Oil spikes over $110 amid West Asia crisis; India holds fuel prices steady

To secure supplies, 13 tankers carrying around 3.5 lakh tonnes of LPG are currently headed from the US to India

WTO reforms, e-commerce, investment facilitation to dominate MC14 talks

WTO's MC14 will see discussions on reforms, e-commerce rules, fisheries subsidies and public stockholding, with India expected to push for policy space and clarity

The missing piece: A cohesive national framework on India's urbanisation

India's 2026 policy framework recognises the importance of urban growth, but falls short of offering a cohesive, data-driven national urbanisation strategy to guide planning and investment

Domestic consumption priority, may review fuel exports plan: Govt

India may curb fuel exports to secure domestic supply as West Asia conflict disrupts energy flows and triggers LPG shortages

₹10,000 crore container scheme under appraisal: Sarbananda Sonowal

Government's Rs 10,000 crore container manufacturing scheme is under appraisal, aiming to boost domestic capacity, cut import dependence and strengthen supply chains

Labour ministry taps influencers to promote pension scheme for workers

Labour ministry invites digital influencers to promote PM-SYM pension scheme, aiming to boost awareness and expand social security coverage among informal workers

No gain from India-EU FTA as plug-in hybrids not included: Lamborghini CEO

Last year Lamborghini closed again with over 100 cars in India, he said, adding, our forecast is to, so far with the knowledge I have today, have a stable situation in the Indian market

Tamil Nadu surpasses Gujarat, Maharashtra to become top textile exporter

The state has witnessed a 29 per cent increase in export value in the last four years, an official release said

US national debt surges past $39 trillion just weeks into war with Iran

Federal debt has surged under both Republican and Democratic presidents, most recently fueled by wars, large-scale pandemic spending and tax cuts

Indian cities need governance, planning and finance reforms: Rajiv Gauba

India must overhaul urban governance, planning, and finance to support rapid urbanisation and achieve Viksit Bharat by 2047, says NITI Aayog's Rajiv Gauba

West Asia war: Shivalik, Nanda Devi can meet just a day's LPG demand

War-hit routes and contract-locked supplies squeeze availability

If war ends soon, most emerging mkts in APAC can absorb blow: Louis Kuijs

Rising oil prices from the US-Israel-Iran conflict threaten Asia's growth, widening deficits, fuelling inflation, and testing energy security across major economies

FY26 advance tax collection up 6.42% at ₹11.13 trn, shows I-T data

Net direct tax collection for FY26 as of March 17 grew 7.19 per cent to ₹22.80 trillion, driven by higher corporate and non-corporate taxes

Over 1.7 million tonnes of India's oil, LNG, LPG stuck in Strait of Hormuz

There are now 3 vessels on the east side after one more Indian-flagged ship joined them

Parliamentary Committee urges expedited WPI base revision to 2022-23

Committee asks DPIIT to align WPI with revised GDP, CPI and IIP series, and roll out producer price indices to improve price measurement and data accuracy

MCA aligns accounting standards with OECD's Pillar Two Model Rules

Companies must disclose exposure to Pillar Two income taxes under revised AS 22, while small and medium-sized firms are exempt from the new requirements

Gulf war jitters disrupt art routes, but India market remains resilient

Galleries rethink Art Dubai participation amid uncertainty, while strong domestic demand cushions impact

India blends sustainability with growth in twin-track model: Mospi

Mospi bulletins highlight gains in sanitation, electrification and inequality reduction as India aligns economic expansion with environmental sustainability under SDG framework

Cabinet clears ₹2,585 crore scheme for small hydro power projects

Scheme aims to add 1,500 MW capacity and attract ₹15,000 crore investment while supporting states and improving grid reliability and clean energy output

Why India built crude reserves but not LPG buffers despite demand surge

India built crude reserves for energy security but LPG was never treated the same way even as demand surged. Experts explain what held back storage planning