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West Asia crisis: Centre hikes commercial LPG allocation by 20%; list of industries that will…
The Ministry of Petroleum and Natural Gas on Friday announced that the total allocation of commercial LPG cylinders will be hiked by 20 per cent from the existing 50 per cent to 70 per cent of the pre-crisis level of the packed…
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Govt overhauls excise duty, windfall tax as West Asia crisis hits energy markets
In response to the escalating West Asia conflict and the subsequent volatility in global energy markets, the Government of India has implemented a strategic overhaul of excise duties and windfall taxes to stabilise the domestic economy.…
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Iran conflict may disrupt India’s fiscal math; LPG subsidy bill seen rising: ICRA
The ongoing conflict in West Asia could complicate the Union government’s fiscal calculations for FY2027, with rising crude oil and energy prices likely to increase subsidy burdens and reduce revenues, according to a report by rating…
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High ATF tax in Delhi vs 1% in UP: Jewar airport launch sparks airline cost concerns
The inauguration of the Noida International Airport at Jewar has drawn attention to a long-standing issue in Indian aviation — the sharp difference in state taxes on jet fuel and how it could influence airline operations in the National…
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Bombay HC dismisses plea seeking FIR against Reliance over KG basin gas dispute
The Bombay High Court on Friday dismissed a writ petition filed by activist Jitendra Maru seeking directions to the CBI to register an FIR against Reliance Industries Limited (RIL) and its officials over alleged illegal gas extraction…
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TRP 2026 policy unveiled: Govt tightens rules, sharpen data credibility push. Check key details
The Ministry of Information & Broadcasting has rolled out the TV Ratings Policy 2026, laying down a comprehensive framework to regulate audience measurement and improve transparency, accountability, and credibility in India’s…
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Plastic prices rise again, impact likely on packaged goods and healthcare
A fresh round of polymer price hikes is set to raise costs for a range of everyday products, from packaged food and bottled items to household plastics, even as manufacturers are still adjusting to earlier increases this month.
Indian…
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Petrol, diesel excise duty cut may cost govt over Rs 1 lakh crore, fiscal hit to be reviewed…
The Centre’s decision to cut excise duty on petrol and diesel by Rs 10 per litre could result in a revenue loss exceeding Rs 1 lakh crore on an annualised basis, significantly impacting the government’s fiscal position even as it seeks…
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Fuel price review every 15 days, excise duty reduced to shield consumers from global crude shock
The government will review petrol and diesel prices every 15 days as part of a closely monitored response to the sharp rise in global crude oil prices triggered by the ongoing West Asia conflict, a senior official said on Friday. The…
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Defence Ministry signs ₹858 crore deals for Tunguska missiles, P 8I aircraft maintenance support
The Ministry of Defence on Friday signed two contracts worth a total of ₹858 crore to strengthen India’s air defence and maritime surveillance capabilities. The agreements, finalised at Kartavya Bhawan-2 in New Delhi on March 27, 2026,…
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