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Nagpur: Fifteen live gelatin sticks and 58 detonators, including eight strapped with connectors, were recovered on Tuesday from garden of a college principal, Prof Ujwal Lanjewar's residence, in Central Nagpur, barely 5km off RSS headquarters. Panic struck the city with bomb detection and disposal squad, Petroleum & Explosives Safety Organization (PESO) officials, anti-terrorist squad, and other central and state agencies rushing to the spot after the professor's family dialled the police contro ...Read More >
BENGALURU, April 8 : The Bank of Korea will keep its key interest rate unchanged at 2.50 per cent on Thursday and for the rest of the year, a Reuters poll forecast, as policymakers assess the impact of the Iran war on domestic cost pressures. Since the start of the U.S.-Israeli strikes on Iran, oil prices have increased over 50 per cent, raising risks to both growth and inflation. South Korea is the world's fourth-largest importer of oil with around 70 per cent coming from the Gulf region. At ...Read More >
Mumbai, April 7: Stock market benchmark indices Sensex and Nifty ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped 509.73 points, or 0.69 per cent, to settle at 74,616.58. During the day, it hit a high of 74,686.32 and a low of 73,282.41, gyrating 1,403.91 points. The 50-share NSE Nifty climbed 155.40 points, or 0.68 per cent ...Read More >
Benchmark Brent crude cost about $109 a barrel on Tuesday, and has remained above or around $100 for more than three weeks, up over 50% from about $70 just before the conflict began on February 28. Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. "As this shock gets bigger and bigger, the risks of recession are rising significantly...There are likely some thresho ...Read More >
NEW DELHI, April 7: External Affairs Minister S Jaishankar will host his Bangladeshi counterpart Khalilur Rahman on Wednesday for wide-ranging talks in a significant initiative to repair the bilateral ties following an over 18-month period of heightened diplomatic tension. Rahman's three-day trip to New Delhi from Tuesday is the first high-level visit by a senior member of the new Bangladesh Nationalist Party government led by Prime Minister Tarique Rahman.The relations between India and Bangla ...Read More >
Investing.com -- UBS on Monday nudged down its S&P 500 price targets, flagging elevated oil prices from the Middle East conflict as a threat to growth and a likely delay to Federal Reserve rate cuts, though the bank maintained its broadly positive outlook on U.S. equities. The firm cut its June 2026 S&P 500 target from 7,300 to 7,000 and its December 2026 target from 7,700 to 7,500. Its earnings estimate for 2026 was left unchanged at $310 per share, implying 11% growth. "Slightly weaker growt ...Read More >
SAN FRANCISCO/AHMEDABAD, India - Kevin Kelly is in a tough spot. What he says are unprecedented price increases in the weeks since the United States waged war on Iran mean the Californian, who makes plastic bags for groceries, may have to break contracts he cannot afford to honor with his customers. Thousands of miles away in India, gas shortages have closed dozens of plants that export aluminum products around the world. And in Britain, some farmers are eking out their fertilizer stocks as pri ...Read More >
Mumbai: A swelling supply glut of ethanol is forcing policymakers and industry to look beyond car and two-wheelers to spur consumption of the renewable fuel. This includes ethanol-powered cooking stoves and diesel blends to generators and flex-fuel vehicles. Pilot projects are already starting to unfold. Ethanol-based cooking stoves are being tested as a cleaner household alternative, while blending the biofuel with diesel and using it in backup generators is under discussion. Early trials are ...Read More >
New Delhi, Apr 7 (PTI) With US President Donald Trump threatening that a whole civilisation will die on Tuesday night, Congress leader Rahul Gandhi said any language or action that contemplates the end of civilisation is unacceptable in the modern world and asserted that the use of nuclear weapons can never be justified. In a post on X, Gandhi said, "Wars are tragic, yet they remain a reality. Any language or action that contemplates the end of civilisation is unacceptable in the modern world." ...Read More >
India gold and silver prices fall sharply on April 6, 24k gold near Rs 1.37 lakh per 10g in major cities, MCX gold and silver also trade lower amid strong US dollar Gold and Silver Rates In India Today, April 06: Gold and silver prices in India fell sharply on April 6, US and Iran are likely to negotiate for a 45-day ceasefire. In Mumbai, the price of 24-carat gold rose to Rs 1,36,700 per 10 grams, while 22k gold was available at Rs 1,11,850 per 10 grams. These rates do not include GST and maki ...Read More >
New Delhi: Large central public sector enterprises (CPSEs) and four major government entities increased capital expenditure sharply in March amid the West Asia war, which drove up their 2025-26 spending beyond the target. Capital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Valley Corporation jumped 62% year-on-year to ₹1.10 lakh crore in March, showed the latest Department of Public Enterprises data. The surge ...Read More >
New Delhi, Apr 7 (PTI) With US President Donald Trump threatening that a whole civilisation will die on Tuesday night, Congress leader Rahul Gandhi said any language or action that contemplates the end of civilisation is unacceptable in the modern world and asserted that the use of nuclear weapons can never be justified. In a post on X, Gandhi said, "Wars are tragic, yet they remain a reality. Any language or action that contemplates the end of civilisation is unacceptable in the modern world." ...Read More >
Government faces higher subsidy costs due to rising oil prices India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and ...Read More >
NEW DELHI: India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritize capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and airports, which the government sees as critical to su ...Read More >
Imphal, Apr 7 (PTI) Violence broke out in Manipur's Bishnupur district on Tuesday as two children were killed in a bomb attack on their home, while two others were shot dead when a mob stormed into a CRPF camp during a protest against the blast, police said. A group of people also torched two oil tankers and a truck, vandalised a police outpost and stopped the movement of vehicles on key roads to protest the bomb attack. Chief Minister Y Khemchand Singh chaired an all-party meeting to review t ...Read More >
Two more liquefied petroleum gas (LPG) tankers belonging to India, Green Asha and Green Sanvi, have exited the Gulf, reported The Economc Times. The report that cites ship tracking data from LSEG and Kpler, says both Green Asha and Green Sanvi have crossed the Gulf area and are currently in the eastern Strait of Hormuz. With this, the total number of Indian-flagged LPG carriers that have passed through the Strait has reached eight, said the report. Another vessel, Jag Vikram, is still located ...Read More >
New Delhi [India], April 7 (ANI): Bangladesh's Foreign Minister Khalilur Rahman arrived in New Delhi on Tuesday and was accorded a warm welcome. This is the first high-level visit from Bangladesh to India after the formation of the new government in Dhaka under the leadership of Prime Minister Tarique Rahman. Also Read | The Tap Shoe is an Essential Tool for 'America's Dance'. "Warm welcome to FM Khalilur Rahman of Bangladesh on his arrival in New Delhi today. India and Bangladesh share warm ...Read More >
Indian Energy Lifeline: Green Asha Exit Conflict-Torn Strait of Hormuz Tuesday, April 07, 2026 by Indian Defence News The Indian-flagged liquefied petroleum gas tanker Green Asha successfully navigated the Strait of Hormuz on Sunday, 5 April 2026. The vessel is expected to reach India within the next 24 to 36 hours. The vessel is currently transporting 15,400 tonnes of LPG, marking it as the eighth Indian-flagged carrier to exit the strategic waterway since it was virtually closed by Iran. Th ...Read More >
New Delhi, Apr 7 (PTI) National Security Advisor Ajit Doval hosted Bangladesh Foreign Minister Khalilur Rahman for a dinner meeting on Tuesday, hours after the latter landed in New Delhi for a three-day visit aimed at repairing bilateral ties following more than 18 months of heightened diplomatic tension. It is the first high-level visit to India by a senior member of the new Bangladesh Nationalist Party government led by Prime Minister Tarique Rahman that came to power in February following th ...Read More >
New Delhi [India], April 7 (ANI): Bangladesh's Foreign Minister Khalilur Rahman arrived in New Delhi on Tuesday and was accorded a warm welcome. This is the first high-level visit from Bangladesh to India after the formation of the new government in Dhaka under the leadership of Prime Minister Tarique Rahman. "Warm welcome to FM Khalilur Rahman of Bangladesh on his arrival in New Delhi today. India and Bangladesh share warm and historic ties anchored in strong people-to-people relations. The v ...Read More >
PwC India's Ranen Banerjee warns the government faces fiscal pressure if rising crude oil prices aren't passed to consumers. He says holding pump prices is unsustainable and could hit the fiscal deficit or force cuts in capital expenditure.Fiscal Pressure and Difficult Choices The government may face increasing fiscal pressure if rising global crude oil prices are not passed on to consumers, with the potential for a significant impact on the fiscal deficit, said Ranen Banerjee, Partner and Econ ...Read More >
New Delhi, Apr 7 (PTI) The Delhi government has doubled the LPG supply for migrant workers, with 1,368 cylinders of 5 kg each now available daily, Food and Supplies Minister Manjinder Singh Sirsa said on Tuesday. The quota for commercial LPG for migrant workers has been increased from 180 to 360 cylinders per day, with priority being given to the needy, the minister said. The move comes under a revised total daily cap of 6,480 cylinders (19-kg equivalent), under which essential services are be ...Read More >
New Delhi [India], April 7 (ANI): The government may face increasing fiscal pressure if rising global crude oil prices are not passed on to consumers, with the potential for a significant impact on the fiscal deficit, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Also Read | Powerball Winning Numbers for Monday, April 6, 2026: Who Won the USD 231 Million Powerball Jackpot?. Speaking to ANI, Banerjee said that the current strategy of holding pump prices despite rising ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Also Read | Usman Khawaja Spots Lionel Messi Lookalike in Pakistan (Watch Video). Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action ma ...Read More >
Bhopal, April 7 (SocialNews.XYZ) The Cabinet Committee of Madhya Pradesh, constituted to assess the impact of global developments and the evolving situation in West Asia, reviewed the availability and supply status of key petroleum products, including petrol, diesel, liquefied petroleum gas (LPG), compressed natural gas (CNG), and piped natural gas (PNG) on Tuesday. During the review meeting, officials were instructed to ensure the adequate availability of commercial LPG cylinders at both distr ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action may not be effective in addressing the current challenges arising from the ongoing We ...Read More >
New Delhi, April 7 (SocialNews.XYZ) The Centre announced on Tuesday that it has doubled the daily quantity of 5 kg LPG cylinders being provided to each state for disbursal to migrant labourers. "The supply of 5 kg LPG cylinders is being doubled based on the average daily supply to migrant labourers during March 2-3, 2026, beyond the limit of 20 per cent mentioned in the letter dated March 21. These 5 kg cylinders will be at the disposal of the state government for supplying only to migrant labo ...Read More >
DEHRADUN: Amid rising global geopolitical uncertainty following recent tensions in West Asia, officials have urged citizens in Uttarakhand to avoid panic-booking of LPG cylinders. Addressing concerns over supply chain disruptions, the state-level coordinator for the oil industry and Divisional Retail Sales Head of Indian Oil Corporation Ltd (IOCL), Krishna Kumar Gupta, reassured residents that fuel supplies remain stable and sufficient. During a press briefing held at the Press Information Bur ...Read More >
New Delhi, Apr 7 (PTI) Food Secretary Sanjeev Chopra on Tuesday said there is no proposal to ban sugar exports to boost domestic supply and that the government is considering industry's demand to increase minimum selling price of sweetener. The secretary said sugar prices have remained stable and rates are unlikely to jump going forward because of sufficient domestic supply. He also informed that a committee of government officials has been set up to consider ways to utilise the surplus manufa ...Read More >
New Delhi [India], April 7 (ANI): LPG shortage has taken a toll on the sugar demand from restaurants and bulk consumers, impacting overall consumption, said Indian Sugar & Bio-energy Manufacturers Association's (ISMA) Director General, Deepak Ballani. "Definitely, this has resulted in less consumption of sugar, and this is evident from the kind of dispatches we are seeing by the mills. In spite of a moderate quota released by the Department of Food and Public Distribution (DFPD), the dispatch h ...Read More >
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