Economy

Economy

Iranian Oil

India Resumes Iranian Oil Purchases After 7-Year Hiatus Amid Middle East Tensions, Denies Payment Hurdles

New Delhi confirmed something last Saturday that energy markets had been quietly watching for weeks: Indian refiners are once again buying Iranian crude oil. It’s…
Indian-Government-Backs-RBIs-Strict-Crackdown-on-Currency-Speculation-to-Defend-the-Rupee

India’s Government Backs RBI’s Strict Crackdown on Currency Speculation to Defend the Rupee

NEW DELHI — In what market analysts are calling the most drastic foreign exchange intervention in over a decade, the Reserve Bank of India (RBI)…
India-Prepared-for-Global-Challenges-Dismisses-Lockdown-Rumors

India Prepared for Global Challenges, Dismisses Lockdown Rumors

In a move to stabilize public sentiment and counter rising misinformation, the Indian government has officially dismissed circulating rumors regarding a potential nationwide lockdown. Addressing…
India-LPG-Shortage

India’s Gas Utilities Aim to Grow Market Share on LPG Shortages

For decades, the red LPG cylinder has been a staple of the Indian kitchen. But as geopolitical storms brew in the Middle East and supply…
HDFC-Bank-Chairman-Resigns-Over-Ethics-Shares-Fall-9-₹1-Lakh-Cr-Lost

HDFC Bank Chairman Resigns Over Ethical Concerns; Shares Crash 9%, ₹1 Lakh Cr Wiped

In a dramatic development that has shaken investor confidence, HDFC Bank Chairman Atanu Chakraborty has stepped down from his position, citing differences over “values and…