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…
The International Energy Agency (IEA) on March 11, 2026 asked member countries to release 400 mn barrels from oil reserves. | Photo Credit: AFP India on Wednesday (March 11, 2026) welcomed the International Energy Agency’s (IEA) decision to release emergency oil stocks to stabilise markets amid supply disruptions triggered by escalating tensions in West Asia….
Image for representation | Photo Credit: Getty Images The rupee fell 4 paise to 91.89 against U.S. dollar in early trade on Wednesday (March 11, 2026) weighed down by FII outflows and the unrelenting conflict in the Middle East. However, a weaker greenback and falling global crude oil prices prevented sharper loss in the local…
The 30-share BSE Sensex tumbled 1,342.27 points or 1.72%, to settle at 76,863.71 and the 50-share NSE Nifty tanked 394.75 points or 1.63%, to end at 23,866.85. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended nearly 2 per cent lower on Wednesday (March 11, 2026) after a day’s breather following…
At the interbank foreign exchange, the rupee opened at 91.92 against the U.S. dollar and traded in the range of 91.85-92.06 before settling at 92.01 (provisional), down 16 paise from its previous close. File. | Photo Credit: Reuters The rupee declined 16 paise to settle at 92.01 (provisional) against the U.S. dollar on Wednesday (March…
