Indian equity markets began the trading session on a weaker note as renewed geopolitical tensions across global regions dampened investor sentiment and triggered widespread selling pressure in early trade. Benchmark indices opened in the red, reflecting cautious risk appetite among domestic as well as foreign institutional investors. Market participants reacted to heightened uncertainty in global...
In a significant policy move aimed at encouraging cleaner fuel consumption and strengthening India’s energy security framework, the Central Government has announced a reduction in excise duty on petrol blended with ethanol. The decision comes at a time when global energy markets continue to face volatility due to geopolitical tensions and uncertainty surrounding crude oil...
In a significant move aimed at protecting India’s aviation sector from global energy market turbulence, the Union Cabinet has approved a one-time ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund. The measure is designed to shield domestic airlines from sharp fluctuations in jet fuel prices that have emerged due to ongoing geopolitical tensions and...
The Reserve Bank of India (RBI) has approved a historic surplus transfer of ₹2.87 lakh crore to the Central Government for the financial year 2025–26 (FY26), marking one of the largest dividend payouts in the central bank’s history. The decision is expected to provide a significant boost to the government’s fiscal position amid ongoing budgetary...
India could unlock massive fiscal savings amounting to nearly ₹7 lakh crore if elections to the Lok Sabha and state assemblies are held simultaneously, according to the chairperson of a Joint Parliamentary Committee (JPC) examining the proposal for simultaneous elections. The assertion has reignited national debate over the feasibility, benefits, and constitutional implications of conducting...
The New Zealand government has unveiled a sweeping proposal to reduce its public sector workforce by approximately 14%, marking one of the most significant restructuring efforts in recent years. The decision is part of a broader fiscal consolidation strategy aimed at curbing rising government expenditure and improving administrative efficiency across state institutions. According to officials,...
Ride-hailing and urban mobility platform Rapido has secured $240 million in a fresh funding round, marking a significant milestone in its rapid growth journey and pushing its valuation to $3 billion. The latest investment underscores strong investor confidence in the company’s expanding role in India’s increasingly competitive mobility and logistics sector. The funding round was...
In a significant development impacting millions of consumers across the country, petrol and diesel prices have been increased by ₹3 per litre, marking a fresh rise in fuel costs just days after the government urged citizens to reduce fuel consumption and adopt austerity measures. The revised prices, implemented by state-run oil marketing companies, took effect...