Category: economy

Sujata Sharma, Joint Secretary at the Union Petroleum Ministry, added that OMCs were making these losses despite the government reducing the export duty on petrol and diesel

In another setback to the White House, a U.S. federal court has struck down the 10% global tariffs slapped by Mr. Trump, terming them “invalid” and “unauthorised by law”

The outbreak of the West Asian crisis hit India’s Gulf oil supplies, making it turn to Russia

The outbreak of the West Asian crisis hit India’s Gulf oil supplies, making it turn to Russia

The standout performer, however, remains services exports, which surged to an all-time high of $421.32 billion in 2025-26

The updated Standard Operating Procedure document also includes higher scrutiny for investments in specific sectors, those coming from particular countries, and those exceeding a certain size.

Total outlay of the scheme is expected to be ₹18,100 crore; expected to generate additional credit flows worth ₹2.25 lakh crore, the government said

“The Indian approach needs to focus both on stepping up oil exploration domestically and hastening the transition to alternative sources”, says Nagesh Kumar, director of the Institute for Studies in Industrial Development

Moody’s said India is well placed to manage future shocks because monetary policy frameworks are clear and predictable, inflation expectations are well anchored, and exchange rates can adjust when needed

The Das Adam Smith Problem shows an apparent dichotomy between sympathy and self-interest in Adam Smith’s works, but most scholars now view it as a misunderstanding, arguing that his philosophy forms a coherent whole uniting ethics and economics