The ministry of petroleum and natural gas on Tuesday directed states and Union territories to double the daily supply of 5-kg Free Trade LPG (FTL) cylinders meant for migrant labourers, even as the Centre said the overall LPG supply situation in the country remains stable and under control.In a letter to all chief secretaries, petroleum […]
Kotak warns of ‘return of colonialism’, urges India Inc to bet on innovation and manufacturing
MUMBAI: Uday Kotak on Tuesday warned that the world is “at a very important cusp of the return of global colonialism… in 2026 we are at one such cusp,” drawing parallels between historical imperial expansion and current geopolitical shifts, while urging India Inc to reset its approach to innovation, manufacturing and energy security.Speaking at the […]
Non-Vegetarian Thali Price March 2026: Home-cooked non-veg thali gets cheaper in March, veg meal cost stays flat: Report
The cost of a home-cooked non-vegetarian thali fell 1 per cent year-on-year in March 2026, while the price of a vegetarian thali remained unchanged, as lower prices of onions, potatoes and pulses helped offset higher costs of tomatoes, vegetable oil and fuel, according to a Crisil Intelligence report.In its latest Roti Rice Rate report, Crisil […]
India Fiscal Deficit Target 2026-27: India unlikely to revise fiscal deficit target immediately despite Middle East shock, capex stays priority: Report
India does not see any immediate threat to its fiscal deficit target for 2026-27 despite the financial strain from the ongoing Middle East crisis, and the government will continue to prioritise capital expenditure, according to two government sources.New Delhi had budgeted a fiscal deficit of 4.3 per cent of GDP for the financial year that […]
India EV sales hit record 24.5 lakh in FY26; cars jump 84%, two- and three-wheelers lead volumes
NEW DELHI: India’s electric vehicles sales crossed a record 20 lakh-unit mark for the first time, as significant numbers in two- and three-wheelers and growing volumes in cars added strength to the greens.According to retail sales numbers released by Federation of Automobile Dealers’ Association (FADA), a total of 24.5 lakh units of EVs were sold […]
CRED pivots to wealth on Kuvera, betting on `truth telling’
MUMBAI: CRED, once a high-trust credit-card payments app aimed at spenders and monetised through cross-sold loans, insurance and payment flows, is now turning to savers, using Kuvera—acquired in 2024—to enter wealth management.The upgrade of Kuvera targets affluent investors with large portfolios, with an emphasis on long-term compounding. The platform seeks to improve discipline, decision-making, asset […]
Adani seeks dismissal of SEC fraud case in US, denies wrongdoing
Billionaire Gautam Adani and his nephew Sagar Adani have moved to challenge a US securities fraud case, asking a federal court in New York to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC) regarding a 2021 bond issue by Adani Green Energy Ltd (AGEL).In a filing before the Brooklyn federal court, […]
Women In Credit: Share of women in credit rising boosted by digital platforms
MUMBAI: Women borrowers now account for Rs 76 lakh crore of credit, or 26% of total system credit in 2025, marking a near five-fold rise since 2017 and signalling a structural shift in India’s credit landscape.A joint report by TransUnion CIBIL, Niti Aayog’s WEP, and MicroSave Consulting said women are moving from being passive beneficiaries […]
Middle East turmoil puts India’s trade, energy flows at risk: Report
The ongoing Middle East crisis is emerging as a significant external shock for India, with risks spreading across energy markets, trade flows and supply chains, according to a recent white paper by Dun & Bradstreet.The report shows that countries in the Gulf–Levant region account for nearly 15 per cent of India’s merchandise exports and about […]
Delhi high court halts ‘Godfather’ whisky launch in trademark dispute
NEW DELHI: The Delhi high court has restrained Cartel Bros, an entity backed by actor Sanjay Dutt, from proceeding with the launch of its proposed whisky brand ‘Glenwalk Godfather’, following a trademark infringement plea by Devans Modern Breweries.Devans, which markets the widely-known ‘Godfather’ beer and also sells spirits under the same brand, argued that Cartel […]