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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...
- Iran war: Public sector banks asked to stay preparedPublic sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...
- 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...
- 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. ...
- 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...
- 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...
- Is there a curfew in Pune today? Here's what police said amid social media claimsPune Police have clarified that no city-wide curfew is in effect, debunking social media rumors of a 14-day lockdown. Officials stated that...
- 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...
- 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...
- 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...
- State Banks & insurers told to cut global travel, switch to EVs in austerity pushGovernment financial institutions are implementing austerity measures. State-run banks and insurance companies must cut foreign travel for ...
- 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...
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