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Thursday, March 19, 2026
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Economy

Stock market mayhem wipes out Rs 12.87 lakh cr from investors’ wealth

New Delhi, Mar 19 (PTI) Equity investors' wealth eroded by Rs 12.87 lakh crore on Thursday as stock markets went into a tailspin, with...

Why the US shouldn’t try to outsmart the oil market

Selling oil futures would be a desperate ploy, born of panic about rising US gasoline and diesel retail prices ahead of the midterm elections.

LPG bookings close to normal, but situation continues to be worrisome

New Delhi, Mar 19 (PTI) Bookings for domestic LPG refills are approaching pre-war normal levels, signalling a gradual return to normalcy, but concerns...

India’s LPG inflow from Gulf isn’t easing anytime soon. Logistical hurdles stand in the way

Alternative suppliers like US and South America offer limited relief as higher freight costs, longer transit times and low storage capacity keep India reliant on Gulf imports.

$7 billion wiped off market value after HDFC Bank chairman steps down citing ethical concerns

Atanu Chakraborty’s sudden exit over “ethical differences” has rattled investors, erasing billions in value, as RBI steps in with rare public defence of the lender.

RBI assessing how Russian entities can use rupee funds in Indian markets

Moscow accumulated large rupee reserves from selling discounted crude to India in aftermath of 2022 Russian invasion of Ukraine, with part of the trade settled in the local currency.

LNG emerges as acute pain point in West Asia war. ‘We’re on our way to doomsday gas crisis scenario’

Three weeks of conflict in the Middle East have upended the entire energy supply chain. With the vital Strait of Hormuz all but closed, gasoline and jet fuel prices are surging.

Govt launches Rs 497-cr ‘RELIEF’ scheme to help exporters hit by West Asia crisis; sets up IMG

New Delhi, Mar 19 (PTI) The government on Thursday launched the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an outlay...

House panel says Trump tariff likely to have ‘significant impact’, calls for India-US trade ties review

The Standing Committee on Commerce said the current exchange rate was also adding pressure on trade at both national & international levels.

Direct tax kitty rises 7.1 pc to Rs 22.8 lakh cr till March 17 this fiscal

New Delhi, Mar 18 (PTI) The net direct tax collection grew 7.1 per cent to about Rs 22.8 lakh crore till March 17 this...

On Camera

How the US is rapidly reaching the limits of imperial over-reach

Beyond the immediate protection of Israel and its borders, which the USA could reasonably commit itself to, it did not need to get into every war in the Muslim world.

Why the US shouldn’t try to outsmart the oil market

Selling oil futures would be a desperate ploy, born of panic about rising US gasoline and diesel retail prices ahead of the midterm elections.

Israel’s tolerance for persistent threats on its borders has eroded: US intel on Iran war

When conflict with Iran ends, says the report, area’s key players are likely to reexamine longstanding assumptions & alliances as they determine how best to advance their interests.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.