Macro

The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) announced the decision on Tuesday. It will go into effect with the release of GDP data for the fiscal year 2025–2026.

Prime Minister Narendra Modi has highlighted India's energy challenges triggered by Middle East tensions. He has urged citizens to conserve fuel and adopt cleaner energy practices.

India's ethanol push is reshaping farming, fuel, trade and groundwater use in ways policymakers did not fully anticipate.

Economists see retail inflation inching up as energy costs weigh on household budgets

The Treasury Department said the IRGC has increasingly used offshore shell companies to conceal Iranian oil sales to China.

PM Modi's six-day visit to five nations from May 15-20 will focus on energy, trade, defense, innovation, and strategic partnerships, while strengthening India's ties with Europe, the Gulf region, and Nordic countries.

Rising global fertiliser prices linked to the West Asia crisis push up India’s subsidy burden, even as the government keeps retail rates unchanged for farmers.

India faces significant near-term economic vulnerability as surging crude prices strain its external accounts, Trinh Nguyen, senior economist for emerging Asia at Natixis, has told NDTV Profit — even as she argued the oil shock due to the Iran-US war itself was unlikely to persist.

Maharashtra CM Devendra Fadnavis announced Rs 33,000 crore projects for Nashik's Simhastha Kumbh Mela, aiming to boost industrial development and create around 32,000 jobs.

Oil markets remain volatile following tensions in the Middle East and concerns over disruptions through the Strait of Hormuz, a key route for global crude and natural gas shipments.

Survey flags inflation risks from potential fuel hikes; 35% likely to shift to public transport, many to cut household spending.

Crude may not be at global peaks, but for India the pressure is already at the pump.

Gross GST collections rose 8.7% year-on-year to Rs 2.43 lakh crore in April, the highest monthly tally on record, government data released on Friday showed.

The FOMC is poised to hold its benchmark interest rate in a range of 3.5% to 3.75% for a third consecutive meeting.

The Iran-US standoff in the Strait of Hormuz may be more damaging than the war itself, as oil at reclaims $100 a barrel for the first time in over two weeks, trade disruption and market risks weigh on India

India has approved the first withdrawal of Rs 30 billion under the SAARC Currency Swap Framework to assist Maldives with economic and financial support.

The decline in demand will primarily be in the Middle East and Asia in the April-June period.

Services activity also firmed, with the HSBC India Services PMI climbing to 57.9 from 57.5 monthonmonth, reflecting sustained demand in the sector.

The refund process opened on April 20 after a court ruling invalidated a group of tariffs imposed during President Donald Trump's trade agenda.

LPG cylinder sold to domestic households fell 8.1% in March to 2.219 million tonne while those sold to non-domestic users was down almost 48%.