Petrol prices today: Petrol prices in New Delhi on Saturday remained unchanged at Rs 94.77 per litre, while diesel is steady at Rs 87.67 per litre. Similarly, Mumbai sees petrol at Rs 103.54 per litre and diesel at Rs 90.03, with no change from yesterday. Kolkata reported a slight fall in petrol prices to Rs…
Russian oil supplies to India could rise sharply, potentially doubling from January levels to account for at least 40% of India’s total imports. (AI image) As supply disruptions from the Strait of Hormuz continue due to the US-Iran war, India has stepped up its purchases of Russian crude oil. In fact, compared to the January…
MUMBAI: Credit-deposit ratio of banks hit an all-time high of 83% as of March 15, 2026, after deposits fell and credit continued to expand during the reporting fortnight.Aggregate deposits declined by Rs 1.8 lakh crore duCredit growth outpaced deposit mobilisation through the current financial year, with incremental credit at Rs 25.3 lakh crore exceeding incremental…
NEW DELHI: The Centre’s move to slash excise and impose windfall tax on diesel and aviation fuel will leave it poorer by around Rs 1.3 lakh crore if the energy crisis due to the West Asia conflict persists for a full year.An early resolution will reduce the pressure on oil prices and consequently on govt…
NEW DELHI: Govt on Friday moved a fresh bill to decriminalise provisions across 79 central laws as part of its efforts to make life simpler for businesses and individuals.Govt officials said along with amendments to the Companies Act, which are currently pending in Parliament, as well as the new income tax law, the overall decriminalisation…
MUMBAI: The govt on Friday said that it plans to borrow Rs 8.2 lakh crore between April and Sept this year under its Budget-approved borrowing programme, roughly half of the Rs 16.2 lakh crore in total. The borrowing for the first half of fiscal 2027 would be spread over 26 weekly auctions with about 25%…
MUMBAI/BENGALURU: The restaurant industry is struggling to run regular operations due to the meagre supplies of LPG cylinders . With the govt’s move to hike commercial LPG allocation to up to 70%, it will take some time before the measure actually translates into sustained supply, executives said. “Supply is still hugely limited and erratic. A…
Despite the sharp rise in global oil prices, retail fuel rates have remained unchanged. (AI image) Petrol and diesel prices have been in focus since the start of the US-Iran war which has led to a huge rise in global crude oil prices. Several neighbouring countries have either raised petrol prices or rationed its use….
Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…
Sitharaman in Rajya Sabha NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said the government will remain on its “toes” to keep the fiscal deficit under check even as it works to shield the common man from the impact of rising global crude oil prices amid the West Asia conflict.Replying to a discussion on the…
