Category: economy
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Industrial output growth lowers to 4.9% in April
This is the first data released after the revision in base year to 2022-23
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India, Oman free trade pact comes into force
Bilateral trade between India and Oman reached $11.18 billion in FY 2025-26, up from $10.61 billion in FY 2024-25
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What is changing for UPI and LPG from June 1, 2026? Everything to know
Some new changes to the UPI system and the LPG distribution system guidelines will be in effect from June 1, 2026.
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UPI hits record scale: 24,162 crore transactions worth ₹314 lakh crore in FY26
The government reiterated its commitment to strengthening the digital payments ecosystem, with a focus on innovation, security, and inclusion, as UPI continues to scale new milestones
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India’s LPG consumption slides 16% in April amid West Asia conflict
The consumption was 10.5% lower than the 2.45 million tonnes of LPG sales in April 2024
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India, U.S. chief negotiators to hold four-day trade talks from June 1
The U.S. team will be led by its chief negotiator Brendan Lynch. India’s chief negotiator is Darpan Jain, who is an additional secretary in the Department of Commerce
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Why is India pushing for coal gasification? | Explained
What is coal gasification and how does it have the potential to substitute imports? What technical challenges does high-ash Indian coal pose for gasification? Where does India stand with respect to coal gasification and related technology?
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Likely moderation in economic activity, near-term growth outlook shows cautious resilience: Finance Ministry
The Finance Ministry said India’s macroeconomic position in May 2026 reflects cautious resilience, adding that strong services exports, adequate foreign exchange reserves and a stable labour market provide a firm foundation
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CNG prices hiked by ₹2/kg in Mumbai; piped gas rates also increased
Alongside CNG, price of domestic piped natural gas (D-PNG) has also been hiked ₹0.5 per standard cubic metre.
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Forex reserves drops $7.5 billion to $681.38 billion
The value of gold reserves also declined to $4.53 billion to $114.786 billion during the week, the RBI said