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OIL SUBSIDY
In Graphics: How the cost of Iran war piled upAs crude oil prices rose, India paid more for this critical import even though it got less of it, data shows. Trade with major partners in ...- Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...
- Developing countries hit by overlapping crises, UNDP chief warnsRising energy costs and El Nino conditions are challenging developing countries facing financial distress. Governments are struggling to ma...
- Fiscal path hinges on direct taxes as customs, excise revenues face pressure: ReportIndia's fiscal trajectory will increasingly depend on the strength of direct tax collections due to lower customs duties. Indirect tax reve...
- Mind the diesel retail-bulk gapHigh global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...
- New LPG Aadhaar rule from October 1: Check Aadhaar authentication process, what to do if biometric verification is incomplete and other FAQsLPG Aadhar rules: From October 1, Biometric Aadhaar Authentication will be required for domestic LPG consumers to book refills. Consumers c...
- Global Market Today: Asian shares rise as tech stocks lead, bonds in focusThe MSCI Asia Pacific Index climbed 0.6% with stocks in Japan and South Korea gaining. The moves came after gains for a key gauge of US sem...
- Democrats to probe lucrative Trump family business deals if they win midterms* Majority in House or Senate would give Democrats subpoena power and funds for expanded investigative staff * Trump-linked crypto firms an...
- HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressuresIndia's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts...
- States seek 10,000+ more e-buses beyond PM E-DRIVE allocationStates have sought more than 10,000 additional electric buses beyond the 14,028 units planned under the PM E-DRIVE scheme, officials said. ...
- Aadhaar authentication for LPG subsidy: Will your gas supply be stopped if you fail to authenticate UID before October 1, 2026?From October 1, 2026, all domestic LPG consumers will need to undergo Biometric Aadhaar Authentication to access subsidies. This process is...
- Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burdenLanded sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.
- ADB raised India’s FY27 growth forecast to 7%The Asian Development Bank has raised its FY27 India growth forecast to 7% from 6.6%, citing strong public investment and resilience in ser...
- ETMarkets Smart Talk | 2-year bonds attractive, long end risky: Apoorva Javadekar’s fixed-income playbookWhile the recent rise in yields may make short-tenor bonds more attractive, the long end remains vulnerable to global rate pressures and do...
- A Bangladeshi garment maker is stitching its way through the Middle East energy crunchEnergy shortages are disrupting production at most Bangladeshi garment factories. Buyers are canceling or reducing orders due to these powe...
- BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
- Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- Aadhaar authentication mandatory for subsidised LPG refills from October 1; 27.43 crore consumers already coveredDomestic LPG consumers must complete Biometric Aadhaar Authentication for subsidised cylinder refills. This authentication process is manda...
- Global Market Today: Asian stocks, bonds gain as oil extends declineMSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on T...
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