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Wednesday, March 4, 2026
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Economy

LPG shortage looms in India as Iran conflict traps cargoes in Strait of Hormuz

Shortfall could hit tens of millions of homes if gas cargoes due in March do not start moving within days, Bloomberg has learnt. India buys over 90% of its LPG from the Middle East.

West Asia crisis: Sensex, Nifty trade sharply lower

Mumbai, Mar 4 (PTI) Stock market benchmark indices Sensex and Nifty were trading with deep losses on Wednesday, in-tandem with a weak trend in...

India’s services sector growth eases in Feb on slower improvement in demand, pick-up in inflation

New Delhi, Mar 4 (PTI) India's services sector growth moderated slightly in February as new order growth slowed to a 13-month low amid...

Karnataka renews Uber’s transport aggregator permit

New Delhi, Mar 3 (PTI) The Karnataka government has renewed transport aggregator licence of Uber till December 30, 2026, a company spokesperson said...

Qatar declares force majeure, gas supplies to Indian industry cut

New Delhi, Mar 3 (PTI) Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in...

Govt sets up inter-ministerial group to monitor West Asia developments: Goyal

New Delhi, Mar 3 (PTI) The government has set up an inter-ministerial group, which is meeting daily to closely monitor developments in West...

India has ‘40–45 days’ of crude cover, but long-term Hormuz disruption could inflate import bill

India’s strategic reserves offer a temporary cushion as the Hormuz blockade amid US-Israel war against Iran jolts global energy markets and threatens energy security.

Haryana’s economic paradox: Per capita income Rs 3.95 lakh, but 7 in 10 families are still ‘poor’

The state Economic Survey 2025-26, released Monday, projects a family income of nearly Rs 16 lakh. But seven in 10 families live their year on less than Rs 1.80 lakh, according to Parivar Pehchan Patra data.

India has enough oil stock to weather West Asia crisis; coverage in place for 6-8 weeks

New Delhi, Mar 3 (PTI) India holds sufficient crude and fuel inventories to meet domestic demand for petrol, diesel, and other fuels for...

NB Group to invest Rs 350 cr on new luxury housing project in Ahmedabad

New Delhi, Mar 3 (PTI) Realty firm NB Group will invest Rs 350 crore to develop a luxury housing project in Ahmedabad as...

On Camera

Empires inflicted a century of regime change on Iran. Each wanted a compliant, powerless nation

The lessons of earlier American regime-change efforts should be obvious. The dismantling of Iran’s regime could lead to the breakdown of state authority and the rise of warlords.

European gas holds near 3-year high as Middle East conflict rattles energy markets

Major energy infrastructure is in the crosshairs of the conflict, raising risks of the biggest shock since Russia’s invasion of Ukraine. Qatar’s largest LNG plant remains shut, fuelling supply fears.

War reaches India’s backyard as Iranian warship sunk by US submarine off Sri Lanka coast. 100 dead

Sinking of the ship has raised eyebrows in the Indian defence and security establishment. Lankan navy has recovered several bodies, believed to be of crew members.

Pakistan is fighting a two-front war. I saw it coming 15 yrs ago

The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.