AI-generated image used for representational purposes. India’s push towards alternative fuels has taken a major step forward with the launch of E85 fuel in Delhi. Introduced on World Environment Day, the new ethanol-blended fuel is priced at Rs 82.12 per litre in the national capital, making it around Rs 20 cheaper than regular E20 petrol,…
Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…
Renault India today announced an ARAI-certified fuel-efficiency figure of 19.41kmpl for the Duster’s 1.0-litre Turbo TCe 100 petrol engine, making it the most fuel-efficient powertrain currently offered in the SUV’s range. The mileage figure exceeds that of the 1.3-litre turbo-petrol variants, which return 17.75kmpl with the manual gearbox and 18.45kmpl with the automatic transmission. The…
Hailing India’s 7.7% GDP growth in FY26, Prime Minister Narendra Modi on Friday said the expansion reflected the “inherent strength” of the economy, the “success of reforms” and the “hard work of 140 crore Indians”.“India’s growth momentum remains strong! GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect…
India can return to a growth trajectory of over 7% in FY28 through macroeconomic stability and supply-side measures, provided external conditions improve, Chief Economic Adviser V Anantha Nageswaran said on Friday.The comments came after the Reserve Bank of India lowered its GDP growth forecast for FY27 to 6.6% from 6.9% projected in April, citing elevated…
The Indian economy grew at a better-than-expected 7.8% in the fourth quarter of last financial year 2025-26. The GDP growth for the whole year stood at 7.7% marginally higher than the previous government estimates of 7.6%. India’s economic growth has beaten estimates, especially as experts had expected some impact of the US-Iran conflict to reflect…
India-US trade deal: Sharing an important update on discussions for the much-anticipated India-US trade deal, Commerce minister Piyush Goyal on Friday said that the first tranche could be finalised as early as next month.India and the US are making rapid progress towards resolving the remaining issues in their proposed interim trade arrangement, with both countries…
Ultraviolette has announced a new ownership benefit programme. Called ‘Kill the Petrol Bill’, the initiative offers cashback benefits to buyers of the Ultraviolette F77 and X-47 based on the usage of their previous petrol-powered two-wheelers.Under the scheme, customers can receive cashback equivalent to the kilometres covered on their old motorcycle or scooter over the last…
India’s foreign exchange reserves rose by $938 million to $682.321 billion in the week ended May 28, snapping the previous week’s decline, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s forex reserves had fallen by $7.511 billion to $681.384 billion, reported PTI.India’s reserve stock…
NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank is considering a proposal to introduce polymer currency notes in India, though the idea remains at a preliminary stage and no final decision has been taken yet.Addressing the media after the Monetary Policy Committee (MPC) meeting, Malhotra said, “Polymer note…
