The ongoing conflict involving Israel, United States and Iran has begun affecting domestic supply chains, with disruptions in commercial LPG supply. Image for representation | Photo Credit: M. Periasamy The war between the U.S.-Israel and Iran has put stress on the country’s liquefied petroleum gas (LPG) supply, which was already heavily import dependent and in…
The Financial Action Task Force (FATF), in its latest report, has said that stablecoins are increasingly being favoured for illegal activities, including money laundering and terror financing, with indications that state-linked actors in Iran and North Korea are also using them for operations such as proliferation financing and weapons procurement. Stablecoins are a type of…
Union Finance Minister Nirmala Sitharaman. File | Screengrab: RSTV via PTI Photo The government on Tuesday (March 10, 2026) sought Lok Sabha approval for gross additional expenditure of over ₹2.81 lakh crore in current fiscal year. Parliament Budget session LIVE: Lok Sabha discusses resolution to remove Birla; Rajya Sabha discusses working of the Rural Development…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The government on Tuesday (March 10, 2026) eased norms for foreign direct investment (FDI) from all countries, including China, that share land borders with India, sources said. They said press note 3 of 2020 has been amended in this regard. The decision was taken…
Earlier this week, the Union government had invoked the Essential Commodities Act for prioritising LPG supply to domestic consumers. | Photo Credit: Nagara Gopal Invoking the Essential Commodities Act, 1955, the Ministry of Petroleum and Natural Gas (MoPNG) has sought diverting natural gas to certain priority sectors with a tiered structure. Israel-Iran war LIVE: Consequences…
India consumes some 31.3 million tonnes of LPG annually. | Photo Credit: K.V. Srinivasan The Oil Ministry has constituted a committee to examine supply issues after a sudden shortage of commercial LPG cylinders alarmed the hospitality sector, with restaurant associations warning that eateries could shut down within days if supplies are not restored. As the…
Image for representative purposes only. | Photo Credit: ANI India will not be raising the retail price of petrol, despite benchmark crude oil prices breaching $100 per barrel on Monday (March 9, 2026), a highly placed source in the Union government told The Hindu. West Asia conflict oil hike, market reactions LIVE “We have never…
The escalating crisis in West Asia has dramatically changed the outlook for Asian central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation. For emerging Asian central banks, cutting interest rates has become a risky bet not just because of the added price pressure from higher fuel costs,…
The U.S. has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said. However, the move, he said is a short-term, pragmatic effort to stabilise the market…
We feel pain when actual investment experience falls short of expectations. But the pain recalibrates expectations. This can improve financial wellbeing.
