The illusion of 41% and a quiet re-engineering of India’s fiscal federal landscape
The illusion of 41% and a quiet re-engineering of India’s fiscal federal landscape
Economy
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Uptake of induction stoves sluggish in low-income Indian households
A man shows an induction cooktop at a utensil store amid rising demand due to LPG shortages. File | Photo Credit: PTI E-commerce platforms have seen mounting demand for induction cooktops amid the West Asia crisis, which has led to public anxiety about disruptions to LPG supplies. While prices for cooktops have gone up, supplies…
A revision of GDP and its implications
Annual gross domestic product (GDP) is the sum of the final value of all goods and services produced during a year, net of material inputs. It is the most widely used measure of a country’s economic size. GDP, or the economy’s gross value added (GVA), is an estimate prepared using a wide range of data…
Sales of electric cooktops sizzle as LPG flameout worries families
Amid the LPG shortage across the country owing to the war in West Asia, e-commerce platforms and retailers in major cities have seen a surge in demand for induction cooktops as people look for replacements due to the gas supply disruption. While prices for electric cooktops have gone up, supplies largely remained available on e-commerce…
India has overall coal stock of 88 days, confident of meeting rise in demand: Ministry
Representational file image. | Photo Credit: BISWARANJAN ROUT India has an overall coal stock of 210 million tonnes (MT) which would be adequate for about 88 days, the Union Ministry informed Wednesday (March 11, 2026) as India preps to spur coal production to ensure adequate availability for addressing peak power demand as summers approach, with…
LPG crisis updates LIVE: Will tap Strategic Petroleum Reserve to try to reduce gasoline prices, says Donald Trump
Spike in oil, U.S. yields seen dragging Indian bonds lower Indian government bonds are set to decline on Thursday (March 12, 2026), tracking a spike in crude oil prices and U.S. Treasury yields, while the benchmark bond could see some selling pressure after the central bank did not include the note in its debt purchase…
LPG shortage crisis India March 11 LIVE Updates
Following a communication from the oil marketing companies on Monday (March 9, 2026) that LPG cylinder supply will be affected because of the U.S.- Israel war on Iran, hotels in Coimbatore district have decided to cut down on service timings and menus. Hotels and retirement communities are exploring alternative sources of fuel. The Sree Annapoorna…
Reliance Industries seeking to maximise LPG output, divert natural gas to support priority sectors
Reliance Industries is looking to maximise production of liquified petroleum gas (LPG) from their refining and petrochemicals complex in Jamnagar, as well as seeking to divert natural gas produced from the KG-D6 basin to support supply to priority sectors, the privately-owned refiner informed on Tuesday (March 10, 2026). “Our teams are working around the clock…
How the U.S.-Israel conflict with Iran is exposing India’s LPG dependence
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…
Stablecoins increasingly favoured for money laundering, financing of terrorism and proliferation: FATF report
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…