India’s bioeconomy sector to reach $300 billion by 2030: NITI Aayog report
“The real impact of frontier technologies will come from how well we customise solutions –…
Benchmark indices slip 2% as crude oil prices remain high
Old structure of Share market Bombay Stock Exchange Building. | Photo Credit: Mikhail Davidovich Benchmark indices dipped 2% due to a sustained increase in crude oil prices on Friday (March 13, 2026). Both Nifty and Sensex declined about 2% to close at 23,151.10 and 74,563.92, respectively. Nifty opened at 23,462.50 and touched 23,492.40 before slipping…
Gold imports and India’s trade balance: Why structural reform must replace reactive policy
The growing trade deficit of India, which recently touched $34.68 billion due to a sharp increase in gold imports, has again brought an old challenge into focus. While monthly trade data often triggers reactive policy debate, the issue lies not in the import surge but in the structure of consumption, savings, and exports in India….
LPG and oil crisis LIVE: Indian LPG carrier crosses Strait of Hormuz: marine traffic website
Global liquefied natural gas price volatility caused by the Middle East crisis is “very short-term”, Mike Sabel, chief executive officer with Venture Global, told the Indo-Pacific Energy Security Ministerial and Business Forum in Tokyo. Some 20% of global LNG supply is now offline with QatarEnergy LNG facilities shut amid the U.S.-Israeli war on Iran, which…
Partial flight resumptions restore some gold flows from key hub Dubai
Image used for representative purpose only. | Photo Credit: AP The resumption of some flights from Dubai has allowed gold flows from this major global trading hub to partially resume this week, three sources familiar with the matter told Reuters on Friday (March 13, 2026). Deliveries of physical gold to and from Dubai — a…
Sugar mills to report 5-8% revenue growth in FY26 on better cane supply: ICRA Report
For SY2026, the Fair and Remunerative Price (FRP) for sugarcane has been increased by ₹15 to ₹355 per quintal for a basic recovery rate of 10.25%. | Photo Credit: R.V. Moorthy Integrated sugar mills are likely to see moderate revenue growth of 5-8% in FY26, driven by improved sugarcane availability and stable sugar prices, a…
Economic Stabilisation Fund to help government respond to global challenges: Sitharaman
Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the second part of the Budget session of Parliament on March 13, 2026. Photo: Sansad TV via PTI Amid the $100-per-barrel oil shock, fears of energy shortage and supply chain disruptions arising out the West Asia conflict, the Centre has allocated ₹57,381 crore for an…
U.S. launches fresh investigation into India, 59 other economies on forced labour charges
U.S. Trade Representative Jamieson Greer. File. | Photo Credit: Reuters The U.S. has launched a fresh investigation into 60 countries, including India, to look into whether these countries have failed to ban the import of goods made using forced labour, the office of the U.S. Trade Representative announced late on March 12. The new investigation…
Price pressures: On new series of Consumer Price Index, inflation
The new series of the Consumer Price Index (CPI), the second data release of which was issued on Thursday, does not yet have enough historical data for robust comparisons, but does include enough information to provide clues about the future. Retail inflation in India quickened to a 10-month high of 3.2% in February 2026, largely…
Gold loses sheen as dollar gains strength
American currency Dollar and Gold ingot combinations. Close up for dollar and gold ingot | Photo Credit: DoganKutukcu Gold prices fell by Rs 1,904 on Friday to Rs 158,399 per 10 grams against Rs 160,303 on Thursday due to a weak trend in the global markets. The yellow metal prices have retreated for a second…
Rupee depreciates to ₹92.3 against the dollar on crude oil spikes
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated to a fresh low of ₹92.3 per dollar after Iran’s new Supreme Leader, Mojtaba Khamenei, said that the Strait of Hormuz (SoH) would stay closed keeping oil prices sticky at over $100 per barell (bbl). The pair traded at a narrow…
