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The district administration has "begun prioritising migrant workers and labourers without LPG connections, who have been hit by skewed supplies", by rolling out 5 kg mini cylinders through gas distribution agencies, officials said on Sunday. Officials said any valid Aadhaar holder can purchase one mini cylinder at a time, with no requirement of a prior LPG connection or proof of permanent residency. Migrants can purchase the 5kg cylinders directly using Aadhaar identification by paying around ...Read More >
New Delhi, April 7 (SocialNews.XYZ) Global geopolitical tensions are beginning to weigh on India's economic outlook, but the country is still expected to maintain steady growth as GDP growth expected at 6.2 per cent for FY2027, a report said on Tuesday. The data compiled by Morgan Stanley projected India's growth, even as rising energy costs, supply disruptions, and external pressures pose fresh challenges. However, it is lower than earlier estimates of 6.5 per cent, the report stated. The dow ...Read More >
New Delhi: The Reserve Bank of India has accelerated the repatriation of its gold reserves, bringing back over 274 tonnes since March 2023, NDTV reported. Around two-thirds of India's 880.8 tonnes of gold is now held domestically, driven by geopolitical risks and the need for greater liquidity and control, the report said. In parallel, France's central bank, Banque de France, has completed the repatriation of its gold reserves from the Federal Reserve Bank of New York within a year, bringing b ...Read More >
Gold rates today: This week so far has been bearish for gold & silver prices because of two major consecutive drops. The 24 karat gold rate in Bangalore today fell after rallying last week, where the yellow metal added Rs. 26,000 per kg and jumped 192%. Similarly, the gold rate in Kerala today followed the pattern. "The recent movements in precious metals are largely influenced by rising crude oil prices, which surged 3.02% to $115.81 per barrel (Rs. 10,764), driven by geopolitical tensions, pa ...Read More >
New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >
New Delhi, Apr 7 (PTI) Crude oil prices rose nearly 3 per cent to hit a record high of Rs 10,888 per barrel in futures trade on Tuesday, tracking strong global cues as tensions between the US and Iran intensified ahead of President Donald Trump's deadline for reopening the Strait of Hormuz. On the Multi Commodity Exchange (MCX), crude oil for April delivery increased by Rs 300, or 2.83 per cent, to hit a lifetime high of Rs 10,888 per barrel. Similarly, the May contract also advanced Rs 170, o ...Read More >
New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >
New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >
NEW DELHI: Gold and silver prices showed volatility in Tuesday's session amid geopolitical tensions following US President Donald Trump's recent aggressive posts on Iran. On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading at Rs 1, 50, 228, up Rs 247 or 0.16 per cent at 11:35 am. On the intraday front, the yellow metal rose as much as 0.32 per cent or Rs 493 to Rs 1, 50, 474. Earlier in the session, before 10 am, it was trading lower by 0.23 per cent or Rs 356 at Rs 1, 49 ...Read More >
She was speaking at an event organised by the NIPFP) here. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India has fiscal space to support sectors hit by the West Asia crisis, says Sitharaman * She said RBI has room to cut interest rates amid global economic challenges * Monetary Policy Committee will announce interest rate stance on Wednesday, the minister said Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Finance Minister Nirmala Sitharaman on Mo ...Read More >
New Delhi, April 7 (SocialNews.XYZ) JPMorgan Chase CEO Jamie Dimon has said that geopolitical tensions, including wars in Ukraine and Iran, are the biggest risk facing the bank and the global economy, and urged a renewed commitment to core American values to navigate these uncertainties. The CEO warned about economic uncertainty from these tensions including their impacts on commodities as well as the industry-wide impact of artificial intelligence. "The challenges we all face are significant. ...Read More >
New Delhi, April 7: Gold and silver prices showed volatility in Tuesday's session amid geopolitical tensions following US President Donald Trump's recent aggressive posts on Iran. On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading at Rs 1,50,228, up Rs 247 or 0.16 per cent at 11:35 am. On the intraday front, the yellow metal rose as much as 0.32 per cent or Rs 493 to Rs 1,50,474. Earlier in the session, before 10 am, it was trading lower by 0.23 per cent or Rs 356 at Rs 1, ...Read More >
KARACHI - Gold prices in Pakistan are likely to see further changes on Monday (April 0) due to fluctuations in international markets. The precious yellow commodity has long been considered a safe haven for investors, especially during periods of economic uncertainty. Its value tends to remain stable or even rise when markets are volatile, making it a go-to asset for wealth preservation. Unlike investments in property, stocks or currencies, gold is not directly impacted by interest rates or gov ...Read More >
New Delhi: The Centre has decided to double the daily allocation of 5-kg free trade LPG (FTL) cylinders available for distribution to migrant labourers across states, according to an official communication. The Petroleum Ministry said in a notification that the enhanced allocation will be based on the average daily supply of cylinders provided to migrant workers. The revised allocation goes beyond the earlier cap of 20 per cent specified in the March announcement. The government also said that ...Read More >
New Delhi [India], April 7 (ANI): The cost of a home-cooked non-vegetarian thali fell by one per cent year-on-year in March 2026, while the price of a vegetarian meal remained stable during the same period. This difference in pricing emerged as lower costs for staples such as onions, potatoes, and pulses effectively offset the rising expenses associated with tomatoes, vegetable oil, and fuel. According to the latest Roti Rice Rate report from Crisil Intelligence, the average cost of preparing t ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is expected to revise its inflation projections upward while flagging risks to GDP growth in its upcoming policy review, according to a report by PhillipCapital. The report said that "the latest available inflation projection is 4.1%, for the first half, i.e. April-September 2026" but added that "it will be revised upward, and the guidance for second half i.e. October-March may be issued." In the policy review meeting on 6 Febru ...Read More >
MUMBAI: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of ...Read More >
New Delhi: Global crude oil prices on Tuesday hit new highs, jumping more than 3 per cent amid geopolitical tensions and US President Donald Trump's Tuesday deadline to reopen the Strait of Hormuz to Iran. Brent crude futures advanced as much as 1.69 per cent, or $1.86, to $111.63, an intraday high as of 9:57 am. The US West Texas Intermediate crude futures increased more than 3 per cent or $4.15 to $116.87. Brent crude has witnessed a gain of over 60 per cent since the conflict began from $72. ...Read More >
Mumbai, Apr 7 (PTI) The rupee depreciated 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Forex traders said the USD/INR pair remains vulnerable to any flare-up in the US-Iran conflict, which in turn would push crude oil prices further. At the interbank foreign exchange market, the rupee opened at 93.05 against the US dollar, then lost gr ...Read More >
New Delhi [India], April 7 (ANI): The Indian Market opened in the red on Tuesday as the benchmark indices experienced a sharp decline during the early trade, tracking global cues and rising energy costs. The BSE Sensex stood at 73,371.20 points, marking a significant drop of 735.65 points or 0.99 per cent at 9:16 am. At the same time, the NSE Nifty 50 started at 22,741.30 points, recording a decrease of 226.95 points or 0.99 per cent. The negative opening follows a surge in Brent crude prices, ...Read More >
New Delhi, April 7 (SocialNews.XYZ) Pakistan has been indulging in a fake narrative campaign against India. While Pakistan is known to sponsor terror groups to strike India, in recent months, it has been fighting another battle, which involves spreading false information against its neighbouring country The cause for this sudden rise in the number of fake stories being planted in India is Field Marshal Asim Munir's failure and his desperation to build his own legacy. The big blow for Asim Munir ...Read More >
India's ongoing Liquefied Petroleum Gas (LPG) crisis has exposed the vulnerability of the country's cooking fuel supply chain, prompting renewed calls for diversification and a stronger push toward domestic alternatives such as ethanol. The disruption stems largely from geopolitical tensions in West Asia, particularly the conflict involving Iran, which has slowed shipments passing through the strategically vital Strait of Hormuz. The narrow maritime corridor handles a major share of India's LPG ...Read More >
Mumbai, April 6: The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following the Reserve Bank's measures to curb speculative fervour and dampen volatility in the Indian currency. Forex traders said that though the RBI measures are rupee-positive, unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation continue to put pressure on the rupee. The RBI tightened its rules to curb speculative positions and c ...Read More >
Mumbai: The rupee traded within a tight range against the dollar on Monday, appreciating to a two-week high of 92.7925 in early trade on central bank measures to curb speculative and arbitrage trades but lost most of it as oil marketing companies, importers bought dollars to hedge their payments. The rupee closed up 4 paise at 93.06 against the dollar, after closing at 93.10 in the previous session (on Thursday). Markets were closed on Friday on account of Good Friday. The rupee had appreciate ...Read More >
Mumbai, April 6: Maharashtra has witnessed a steady expansion in piped natural gas (PNG) connectivity, with total connections reaching 25.36 lakh, including 73,000 new additions in the past month, senior officials said on Monday. Anil Diggikar, Additional Chief Secretary of the Food, Civil Supplies and Consumer Protection Department, said the state government's decision to grant "deemed permission" for City Gas Distribution (CGD) pipelines is expected to further accelerate network expansion. H ...Read More >
Bhopal, Apr 6 (PTI) Public sector oil marketing companies (OMCs) on Monday said they are maintaining steady and adequate supplies of LPG and automotive fuel in Madhya Pradesh despite the ongoing war in West Asia and allayed fears of shortages. Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) asserted domestic LPG supplies have been prioritised and cylinder deliveries continue as normal. IOCL Chief General Manager and its ...Read More >
Mumbai (PTI): The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following the Reserve Bank's measures to curb speculative fervour and dampen volatility in the Indian currency. Forex traders said that though the RBI measures are rupee-positive, unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation continue to put pressure on the rupee. The RBI tightened its rules to curb speculative positions and capp ...Read More >
New Delhi [India], April 6 (ANI): Finance Minister Nirmala Sitharaman on Monday said the global economic landscape has moved from a phase of isolated shocks to one of "permanent volatility", underlining rising uncertainty due to geopolitical tensions and economic disruptions. Addressing the Golden Jubilee event of the National Institute of Public Finance and Policy in Delhi, Sitharaman pointed to several global challenges that have reshaped the world economy in recent years. "The current year ...Read More >
MUMBAI: International rating agency Moody's has retained the Baa3 (BBB-) sovereign credit rating for the country with stable outlook, but has warned that Iran war could moderate growth to just about 6% this fiscal and raise inflation risks. The stable outlook incorporates the gradually improving fiscal metrics since emerging from the pandemic and resilient growth prospects compared with peers. However, fiscal accommodation in the context of the uncertain global macroeconomic outlook, including ...Read More >
New Delhi, Apr 6: Silver prices jumped Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar. According to the All India Sarafa Association, the white metal appreciated by Rs 5,000, or 2.11 per cent, to Rs 2,42,000 per kg (inclusive of all taxes) from Friday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also advanced by Rs 2,300, or 1.52 per cent, to Rs 1 ...Read More >
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