Page 278 - Latest News

Fuel demand remained strong in Dec; petrol sales grew 6.7%, diesel up 5%

Cooking gas demand increased by 12.7 per cent YoY in December supported by strong household demand

Switch to LNG may save $1 billion spent on oil imports, says PNGRB

Regulator's study is based on a scenario where 10% of diesel vehicle owners opt for LNG

Bank credit demand from industry gains momentum as loan growth accelerates

The data showed credit to 'Micro and Small' and 'Medium' industries continued to exhibit double-digit expansion

In second full month of GST 2.0, net collections increase 2.2%

Net GST revenues rose just 2.2% in December 2025, the slowest pace in a year, as weak domestic demand and high refunds offset stronger import-led collections

98.41% of ₹2,000 banknotes withdrawn since May 2023 returned: RBI

About 98.41 per cent of the high-value banknotes in circulation as of May 19, 2023, have since been returned

Banks may soon sponsor pension funds as PFRDA approves major NPS reforms

The proposed framework seeks to remove regulatory constraints that had so far limited banks' participation in pension fund management

Coal India posts 4.6% output growth in December, but offtake drops 5.2%

Coal India on Thursday reported a 4.6 per cent year-on-year (y-o-y) growth in production and a 5.2 per cent fall in offtake in December.

Health insurance coverage rises in FY25 even as policy sales decline

During the year, premiums collected under the health insurance segment grew 9.12 per cent year-on-year to Rs 1.17 trillion

Power consumption rises 7% to 138.39 billion units in Dec amid cold wave

The peak power demand had touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023

ATF prices cut 7.3% in January, commercial LPG cylinder hiked ₹111

ATF price in Delhi was cut by Rs 7,353.75 per kilolitre, or 7.3 per cent, to ₹92,323.02 per kl, according to state-owned fuel retailers

Datanomics: House demolitions double in 7 years; rehab remains scarce

In 2023, Delhi accounted for the highest share of evictions at 53 per cent, followed by Gujarat at 30 per cent and Assam at 4 per cent

RBI reiterates cautious stance on crypto assets, stablecoins for stability

RBI reiterated its cautious view on crypto assets and stablecoins, stressing that CBDCs should remain the anchor of trust and the core settlement asset in the monetary system

Food services provider Compass India looks to tap into travel retail

Compass group India serves nearly 1.2 million meals a day through 900 cafeterias, operating across around 45 cities

Rupee slips 10 paise to close at 89.97 against dollar amid fund outflows

Forex traders said the USD/INR pair traded in a tight range, as support from easing crude oil prices was offset by a positive tone in the US dollar index and foreign fund outflows

MCA eases KYC compliance for directors, shifts filing to once in 3 years

MCA has relaxed KYC norms for company directors, cutting the filing frequency to once every three years while mandating updates within 30 days of any change in personal details

Misselling grievances against life insurers up 14% in FY25, says Irdai

Mis-selling complaints against life insurers rose over 14% in FY25 even as total grievances dipped marginally, prompting Irdai to flag concerns and seek corrective action

In an AI world, BPM industry embraces AI to rethink the BPO future

Explaining the rationale behind the acquisition, Capgemini chief executive officer Aiman Ezzat said the BPM industry remains one of the fastest-growing segments

Indices end first trading session of 2026 on muted note amid ITC selloff

Indian equity benchmarks closed largely flat in the first trading session of 2026, as gains in Larsen & Toubro and M&M offset sharp losses in ITC after a new tobacco tax announcement

Mutual fund AUM growth likely to stay above 20%, 3rd year in a row

Rise in debt, commodity ETF inflows offset lower lumpsum inflows into equity schemes

India's lab-grown diamond market shines brighter with investor backing

Rising funding, rapid store expansion and Titan's entry are pushing lab-grown diamonds from niche to mainstream, as Indian consumers embrace affordable, sustainable fine jewellery