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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...
- 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...
- 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...
- 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...
- 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...
- Petrol, diesel, domestic LPG prices remain unchanged; no change in ATF price for domestic airlinesAirline fuel costs are holding steady even as oil firms take the hit from rising global prices to keep fares manageable for travelers. Mean...
- Europe's jet fuel imports from Middle East stop, raising supply crunch fearsEurope's jet fuel imports from the Middle East are stopping. This could cause a shortage before summer travel. Jet fuel prices are high, ov...
- Energy shock ripples from kitchens to forests as Africa and South Asia grapple with rising fuel costsGlobal fuel price hikes are pushing families in Kenya and India back to burning charcoal and wood. This reversal threatens years of progres...
- Cooking gas shortage: India ramps up LPG output as West Asia conflict hits supplyIndia is ramping up LPG production and securing alternative imports as the Iran conflict disrupts supplies and deepens a nationwide cooking...
- TotalEnergies refinery working full tilt to keep France fuelledFrance's largest refinery, TotalEnergies in Gonfreville-l'Orcher, is working at full capacity. It is boosting production of diesel and jet ...
- India cranks up output to cope with enduring cooking gas crisisIndia is grappling with a severe cooking gas shortage. Refineries are increasing output, and new supplies are being sourced globally, inclu...
- DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
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