Image used for representational purposes. File | Photo Credit: Reuters The rupee recovered from record low levels and settled with a loss of 16 paise at 92.17 (provisional) against the U.S. dollar on Thursday (March 12, 2026) as global crude oil prices stayed on an upward trajectory amid the raging war in West Asia. A…
The illusion of 41% and a quiet re-engineering of India’s fiscal federal landscape
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…
See also: | Photo Credit: scanrail Gold prices fell on Thursday, weighed down by a firmer US dollar and waning hopes for near-term US interest-rate cuts as higher energy prices stoked inflation concerns. Spot gold was down 0.4% at $5,153.79 per ounce as of 0545 GMT. U.S. gold futures for April delivery fell 0.4% to…
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…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 31 paise to 92.32 against the U.S. dollar in early trade on Thursday (March 12, 2026), pressured by FII outflows, rising global crude oil prices and a stronger greenback as the conflict in West Asia showed no signs of relenting. A…
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…
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…
File photo shows tankers sail in the Gulf, near the Strait of Hormuz | Photo Credit: Reuters Oil prices climbed on Thursday (March 12, 2026) after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran. Brent futures rose $5.69, or…
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…
