Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: ReportInflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ...
Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risksIndia's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, r...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
"Modi Govt putting integrity of Census at risk": AIMIM chief Asaduddin OwaisiIn a post shared on X, Owaisi said, " lies, damned lies, and statistics. Census data is essential for delimitation, development schemes, an...
India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
Bangladesh raises fuel prices again as global costs biteBangladesh has increased petrol and kerosene prices for the second time in six weeks. This move is expected to fuel inflation in the nation...
Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
New IIP series to track CCTV cameras, stents, vaccines, card productsIndia's industrial tracking is getting a major upgrade. The new Index of Industrial Production will monitor 120 additional items, including...
The real meaning of ‘Horn OK Please’ on Indian trucks may surprise youIndian trucks display 'Horn OK Please' a common sight on highways. This phrase has a history, possibly linked to World War II kerosene truc...
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: ReportIndia's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil pric...
Tunisian tourism slows in fallout of Mideast warIn Tunisia, May usually heralds the start of the summer tourism boom, but as the Middle East war wreaks havoc on the region, the season is ...
High airfares and fuel costs may disrupt summer travel, airports body warnsRising airfares and elevated jet fuel costs are prompting airlines to reduce flights, potentially disrupting summer travel plans. The Airpo...
Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
Spacetech firm Agnikul eyes $50-75 million at flat $500 million valueSpacetech startup Agnikul Cosmos is reportedly in talks to raise $50-75 million at a $500 million valuation. This potential funding round, ...
Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
Lufthansa Airlines warns of rising Mideast war risksGermany's Lufthansa warned Wednesday of rising risks to the firm's financial performance because of the Middle East war even as it maintain...