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OIL CONSUMPTION REDUCTION
Stuck in acres of mediocre: External shocks expose India's slide into middle-income stagnationIndia's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This...
After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concernsWhy are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
LPG Price Today June 9: Check domestic gas cylinder rate in Delhi, Mumbai, Faridabad, and other cities as govt cuts PMUY subsidy quotaLPG Gas Price Today: Domestic LPG cylinder prices have risen by ₹29. The government has also cut the annual subsidised cooking gas cylinder...
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA SecuritiesIndia's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, risi...
Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
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...
Further price hikes likely in food, personal care products as raw material costs rise: ReportPrices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food...
Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...