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AUSTERITY DRIVE
A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...- Pakistan: Market timings revised in Islamabad amid austerity driveIslamabad businesses are required to close by 8 pm from Monday. This is part of the government's austerity measures to conserve energy. Res...
- Brush up on austerityThe passage humorously mocks extreme cost-cutting measures. In one example, a family shares a single toothbrush and cuts back on toothpaste...
- Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
- WFH wherever feasible, restrict foreign travel, Maruti Suzuki tells employeesMaruti Suzuki India is adopting austerity measures. The company is promoting work from home where possible. Foreign travel is being restric...
- Tripura adopts two-day weekend for offices to curb fuel useTripura government has launched an austerity drive. All government offices will now be closed on Saturdays and Sundays. Working hours on we...
- RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
- High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
- Assam austerity drive: Inter-district movement of CAPF/Assam Police to be restrictedAssam government is implementing austerity measures to combat the global energy crisis. New vehicle purchases have been banned for six mont...
- Strait of Hormuz is now India's biggest market risk, says Ashi AnandIndian markets await clarity on Strait of Hormuz shipping. Ashi Anand of IME Capital suggests a defensive market approach. Oil prices near ...
- RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26Regulators are examining overseas investments by Indian companies. The Reserve Bank of India is seeking details on the purpose and structur...
- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- Austerity drive: Duty hike pushes up bullion prices by 7%The government late Tuesday increased import duties on gold and silver to 15% from 6% with effect from May 13. The step is aimed at curbing...
- PM Modi cuts down convoy size; BJP CMs, other leaders follow suit on his appeal for less fuel usePrime Minister Narendra Modi has significantly downsized his convoy. This move follows his appeal for wise spending and fuel conservation. ...
- PM's call to cut foreign travel: Industry executives seek measures to boost inbound tourismFollowing PM Modi's call to postpone non-essential foreign travel, travel industry executives see an opportunity to boost 'Incredible India...
- PM Modi's save fuel appeal: From Amit Shah to Rajnath Singh, these ministers are cutting down their convoy sizesPrime Minister Narendra Modi's call for austerity is resonating across BJP governments. Union ministers and chief ministers are downsizing ...
- PM Narendra Modi asks SPG to halve convoy size amid austerity push: ReportPrime Minister Narendra Modi has ordered a significant cut in his official carcade. The Special Protection Group is reducing convoy vehicle...
- Delhi minister takes e-rickshaw heeding Modi's advice to shun fuel-driven carsDelhi Education Minister Ashish Sood embraced public transport, travelling by Delhi Metro and an e-rickshaw. This move aligns with Prime Mi...
- Pakistan extends countrywide austerity drive after US, Iran fail to strike dealPakistan Prime Minister Shehbaz Sharif has extended nationwide austerity measures until June 13 amid continuing uncertainty over the Iran c...
- PM Modi calls for pandemic-era austerity drivePrime Minister Narendra Modi urged Indians to embrace austerity measures, similar to the Covid-19 pandemic, to counter disruptions in fuel ...
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