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GOVERNMENT AUSTERITY MEASURES
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...- WFH 2.0 in Gurgaon? Haryana wants companies to adopt work from home to beat traffic, save fuelHaryana urges private firms to embrace work-from-home and staggered schedules to combat traffic congestion and rising fuel costs. This init...
- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
- PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and livingPrime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions fo...
- 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...
- IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EYIndia is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence...
- Spanish proverb of the day: 'Sometimes the remedy is worse than...' Life lessons on problem, solution, human nature, success and why one should think twice before actingSpanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the ...
- Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for IndiaIndia's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. ...
- Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity callMaruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expendi...
- 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...
- Fuel austerity clouds demand outlook; India's annual product growth forecast cut 40%India's fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are...
- 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...
- After opposition attack, BJP lists gains from PM's tourBJP asserts Prime Minister Modi's recent foreign visits have boosted India's global standing as a trusted partner and investment destinatio...
- BJP counters Opposition, experts on PM Modi's five-nation tourPrime Minister Narendra Modi's recent foreign visits have bolstered India's global standing. The BJP highlighted significant investments se...
- RBI rate hikes to start in June, says Standard CharteredRBI rate hike: Economists at Standard Chartered anticipate India's central bank will begin raising interest rates as early as June due to e...
- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- 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...
- Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EVIndia’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting t...
- Arunachal tightens ILP rules with QR checks, Aadhaar verification; Cabinet announces austerity measuresArunachal Pradesh Cabinet approves a modernized Inner Line Permit system with digital verification and enhanced penalties. The government a...
- Cutting fuel use: CM Devendra Fadnavis rides motorcycle to Vidhan BhavanMaharashtra Chief Minister Devendra Fadnavis arrived at Vidhan Bhavan on a motorcycle. This action is part of new austerity measures. These...
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