Business

NEW DELHI: With consumption at 154 billion units in April, power consumption in India witnessed over 4% year-on-year growth compared to the same period in 2025.Though peak power demand broke the all-time high record, officials said subdued temperatures during the first 10 days of month due to spells of rain in parts of the country…

Petrol and diesel prices stayed steady across major Indian cities on Friday, even as global crude oil prices witnessed a sharp surge, indicating no immediate impact on domestic fuel rates.The Indian Oil Corporation (IOC) released a statement and said that there has been no revision in retail fuel prices, ensuring stability for consumers.The Centre on…

2025 కొత్త సంవత్సరం కేంద్రంలోని మోదీ ప్రభుత్వ గ్యాస్ సిలిండర్ వినియోగదారులకు రిలీఫ్ అందించింది.తాజాగా కమర్షియల్ ఎల్పీజీ గ్యాస్ సిలిండర్ ధర రూ.14-16 తగ్గింది. 19 కిలోల కమర్షియల్ గ్యాస్ సిలిండర్ ధరలపై కంపెనీలు ఈ తగ్గింపు వర్తిస్తుంది. NEW DELHI: State-owned oil marketing companies (OMCs) on Friday announced a nearly 50% increase in commercial LPG cylinder rates, while keeping the prices of domestic LPG, petrol,…

NEW DELHI: Desperate times call for desperate measures. Full service Air India is planning to make meals optional on its domestic and short international (under two hour) flights. Once this “unbundling” rolls out in the next month or two, passengers opting out of meals could have upwards of Rs 250 shaved off their ticket price….

The clause allows relief in extraordinary circumstances beyond human control, such as war, and frees parties from contractual liability NEW DELHI: The West Asia conflict should be treated as a “war” to invoke the ‘force majeure’ clause in public contracts where obligations have been impacted by disruptions, the finance ministry has said.It has allowed govt…

The government will continue with its planned capital expenditure of Rs 12.22 lakh crore in the current fiscal to sustain growth momentum despite rising fiscal stress linked to the ongoing Middle East conflict, a senior finance ministry official said on Friday, reported PTI.Expenditure Secretary V Vualnam said capital spending would remain a priority even as…

A long-pending demand of EPFO pensioners may finally move forward, with the labour ministry reportedly examining a revision in the minimum monthly pension under the Employees’ Pension Scheme (EPS-95). The present guaranteed pension stands at Rs 1,000 a month, and any upward revision could bring relief to lakhs of retirees receiving low payouts.No official figure…

US President Donald Trump said the United States will raise tariffs on cars and trucks imported from the European Union to 25 per cent next week, claiming the bloc was not complying with a previously agreed trade deal.“I am pleased to announce that, based on the fact the European Union is not complying with our…

The US dollar was set for a second straight day of losses against the Japanese yen on Friday after Japan was reported to have intervened in currency markets to support its weakening currency, Reuters reported.The greenback was on course for its sharpest weekly fall versus the yen since early February, down about 1.7 per cent…

Wall Street moved higher on Friday and edged closer to fresh record highs as strong quarterly earnings from Apple, Estee Lauder and other companies lifted sentiment while a mild retreat in oil prices offered additional support.The S&P 500 rose 0.6 per cent, extending gains after closing at an all-time high on Thursday. The Dow Jones…