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India shields city gas users as Hormuz crisis threatens South Asia's LNG demandIndia has shielded city gas supplies from Middle East LNG disruptions by cutting deliveries to fertiliser plants, refineries and industrial...- Chinese car makers increasingly rely on overseas markets as September exports surgeChina’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to off...
- China says can avoid 'escalation' after EU trade talksChina and the European Union held successful trade talks aimed at managing contentious disputes and avoiding escalation. Chinese Commerce M...
- India’s next fertiliser revolution: New-age nutrients to complement conventional fertilisersIndia’s fertiliser strategy must, therefore, evolve from a question of choosing between conventional and new-age fertilisers to one of inte...
- McKinsey flags looming AI spending surge for US agencies as subsidised deals give way to market pricingAs subsidised access to AI tools comes to a close, US government agencies may see a substantial rise in AI-related expenditures. Although t...
- India, Singapore eye 2,000 MW power corridorIndia and Singapore are considering plans for a 2,000 MW cross-border power interconnection that could enhance energy security. The propose...
- Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
- Government to review fixed costs for urea plants, subsidy payouts may changeIn response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This ...
- Local sourcing must for ISM 2.0 subsidy: MeitY tells chip companiesISM 2.0 was unveiled by MeitY last month. While no company has formally announced its application under the scheme, officials say they are ...
- Kyiv: Over 50% of Moscow's refining capacity taken outThe Defense Ministry said late Sunday that recent strikes on refineries in cities including Moscow, Yaroslavl, Ust-Luga, Perm, Saratov and ...
- India GDP forecast stays at 7%, uncertainty range remains wide: Economist Arvind VirmaniEconomist Arvind Virmani has retained his India GDP growth forecast at 7% for the year, with an uncertainty range of plus or minus 1%, citi...
- 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...
- PMEGP may get 5-year extension till 2030-31 with Rs 15,000 crore outlay; govt weighs easier normsThe government is considering extending the Prime Minister's Employment Generation Programme until 2030-31 with an estimated Rs 15,000 cror...
- Govt absorbing up to Rs 2,700 per urea bag as global costs rise to Rs 3,000: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman stated that the Centre absorbs a significant urea subsidy for farmers. This subsidy currently sta...
- 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...
- April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgoThe Centre’s fiscal deficit rose to ₹7.1 lakh crore, or 41.9% of the FY27 target, by August, up from ₹6 lakh crore a year earlier, official...
- India's fiscal deficit for April-August at Rs 7.10 lakh crore, widens to 41.9% of FY27 aimAs FY27 progresses, India's fiscal deficit climbed to an alarming Rs 7.10 lakh crore within the first five months, representing 41.9% of th...
- 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...
- India rejects Australia's high sugar subsidy claims at WTOAustralia referring to the WTO panel in the India sugar and sugarcane dispute which found in 2021 that India’s sugar support regime was inc...
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