OMCs losing ₹700 per cylinder despite price hike
The Ministry of Petroleum and Natural Gas confirmed that state-run Oil Marketing Companies (OMCs)—including Indian Oil (IOCL), Bharat Petroleum (BPCL),…
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Category: Economy & Policy
Indian economy, trade, commodities and government policy.
Govt hike Domestic LPG price hiked by Rs 29 per 14-kg cylinder
In the second such increase in three months, the price of domestic liquefied petroleum gas (LPG) has been hiked by…
India GDP grew 7.8% in Q4 FY26
In a powerful demonstration of macroeconomic resilience, India’s Gross Domestic Product (GDP) expanded by a robust 7.8% in the fourth…
Govt plan 500 ethanol stations by end of 2026
In a synchronized push to transition India toward sustainable mobility, the Ministry of Petroleum and Natural Gas has announced an…
E85 introduced in Delhi at ₹82.12 per litre
In a major push toward clean energy and sustainable mobility, the Government of India has officially launched E85 fuel in…
Govt approves ₹10,000 cr for ATF price stabilization fund
In a major intervention to shield India’s fast-growing aviation industry from global energy volatility, the Union Cabinet has approved the…
Govt plans to remove capital gains tax for FIIs in govt bonds
In a major policy shift aimed at aggressively courting global capital, the Union Cabinet has approved a plan to completely…
US trade body proposes 12.5% duty on India, over forced labour gaps
In a move that threatens to disrupt bilateral trade negotiations, the Office of the United States Trade Representative (USTR) has…
UAE becomes India’s 2nd-biggest oil supplier in May 2026
Reshaping traditional energy trade flows in the Persian Gulf, the United Arab Emirates (UAE) has overtaken Saudi Arabia to become…
USA becomes India’s #1 LPG supplier
In a major geopolitical and commercial restructuring of India’s energy supply chains, the United States has officially overtaken traditional West…