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ECONOMY

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One-fifth of global LNG supply wiped out; billions in new projects may follow

The Strait of Hormuz closure removes 20% of global LNG supply, triggering a $100-billion investment surge in LNG projects outside…

Updated: June 9, 2026 18:58 IST
RBI, govt moves may lower need for more OMO purchases in FY27: Experts

“Whatever inflows are expected to come will help the system liquidity. In addition, the government’s cash balances has increased Rs…

June 9, 2026 18:19 IST
RBI exempts FCNR (B) deposits, ECB swaps from forex position limit

The RBI has launched concessional forex swap facilities for FCNR deposits and external commercial borrowings, while easing regulatory requirements to…

June 8, 2026 22:25 IST
India sees current account surplus in Jan-March

India posted a surprise current account surplus of $7.1 billion in Q4FY26, keeping the full-year current account deficit at 0.6%…

Updated: June 9, 2026 06:35 IST
Indian farmers lose 54 workdays a year to heat, food inflation risks rise: Study

Indian agricultural workers lost an estimated 163.3 million work hours to heat stress in 2024, equivalent to nearly 54 working…

June 8, 2026 19:24 IST
‘Will protect India’s interests’: Piyush Goyal downplays Section 301 concerns

Commerce Minister Piyush Goyal warns that the final outcome of the India-US trade deal hinges on Washington’s Section 301 tariffs,…

Updated: June 8, 2026 07:53 IST
FII selling continues: Rs 43,000 cr outflow in June so far as weak rupee, AI Boom fuel capital Rotation

FPI equity outflows hit ₹42,927 crore in early June, pushing 2026 liquidations to a record ₹2.67 lakh crore as global…

June 7, 2026 18:49 IST
'Oil spike won’t derail India’s 8 per cent growth trajectory, crude scare narrative problem,' says World Bank's Neelkanth Mishra.
‘No need for more fuel price hikes’: Neelkanth Mishra explains how India is better placed to absorb oil shocks

World Bank’s Neelkanth Mishra explained that India’s exposure to oil shocks is moderated by its refining and marketing structure.

Updated: June 7, 2026 17:14 IST
LPG cylinder price rises, but OMC pain remains: Why the government says Rs 700 gap still exists

Despite a Rs 29 hike in domestic LPG prices, Indian Oil, BPCL and HPCL still face under-recoveries of around Rs…

June 7, 2026 16:44 IST
'Rising fuel costs to squeeze households as West Asia crisis pushes Brent above USD 100,' warns economist.
‘Rising fuel costs to squeeze households as West Asia crisis pushes Brent above USD 100,’ warns economist

On medium‑to‑longer term strategies, Economist Manoranjan Sharma pointed to India’s continuing shift toward renewable and alternative energy sources as a…

Updated: June 7, 2026 14:42 IST
Why oil has not hit $200 despite a big supply shock — and what it means for India

Why hasn’t oil hit $200 despite the biggest supply disruption in decades? Weak Chinese demand, rising US exports, reserve releases…

June 6, 2026 22:41 IST
How E85 fits into India’s plan to reduce crude oil imports

India launches E85 fuel for flex-fuel vehicles to cut crude oil imports and boost ethanol use. Here’s why E85 matters,…

June 6, 2026 20:03 IST
India records 7.7% GDP growth in FY 2025-26: Govt hails reform‑led momentum, opposition questions numbers.
India records 7.7% GDP growth in FY 2025-26: Govt hails reform‑led momentum, opposition questions numbers

Senior BJP leaders hailed the print as evidence of reform‑led resilience and the nation’s standing as the fastest‑growing major economy,…

Updated: June 6, 2026 14:31 IST
Plastic over paper? Why RBI is rethinking polymer banknotes

RBI is evaluating the introduction of polymer currency notes in India, reviving a proposal first tested over a decade ago.…

June 5, 2026 20:11 IST
India's economy expanded 7.7% in FY26
India’s Q4 GDP rises to 7.8% as domestic demand offsets external weakness

Strong March quarter growth of 7.8% lifted India’s FY26 GDP expansion to 7.7%, backed by robust manufacturing, services and investment…

June 5, 2026 16:31 IST
US plans new 12.5% tariff on India amid trade talks

The US has proposed an additional 12.5% tariff on imports from India under a Section 301 investigation, even as both…

June 3, 2026 23:56 IST
The RBI's three-day MPC meeting begins today
RBI MPC begins: Economists expect liquidity management over rate hikes 

The RBI’s three-day MPC meeting begins today. Economists expect a pause in the repo rate and a focus on liquidity…

Updated: June 3, 2026 14:10 IST
India, UK hold talks to resolve trade pact hurdles amid steel tariff and CBAM concerns

India and the UK are discussing ways to overcome hurdles delaying the implementation of their trade pact, with UK steel…

June 2, 2026 20:25 IST
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Rs.2,169 Cr Ahmedabad Metro corridor approved by Cabinet for direct Airport Link
Rs.2,169 Cr Ahmedabad Metro corridor approved by Cabinet for direct Airport Link
Business10 hr ago

The Union Cabinet has approved a new metro corridor connecting Koteshwar Road and Ahmedabad Airport, costing ₹2,169 crore. The project will be completed in four years and provide direct access to the airport, reducing travel time and easing traffic congestion. This will expand the Ahmedabad-Gandhinagar metro network to 77.63 km.

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