Business – Page 92

Demand for Petrol and Diesel Continues to Grow Amid Global Disruption

Data showed that domestic consumption of petroleum products in India maintained steady growth despite rising costs and supply chain constraints.

Reserve Bank of India data showed travel and personal trips accounted for the largest share of foreign exchange remittances under the LRS scheme.

The central government announced a reduction in subsidized LPG cylinders for Ujjwala beneficiaries to balance fiscal budget allocations.

While a court struck down the Trump administration’s proposed $100000 filing fee the uncertainty has already impacted Indian tech hiring.

Tamil Nadu’s Industries Minister secured a massive new investment commitment from Hyundai bolstering the state’s standing as an automotive hub.

The Indian rupee fell sharply in opening trade due to rising crude import costs and safe-haven demand for the greenback amid Middle East conflict.

Indian equity benchmarks opened flat to lower tracking a sell-off in Asian markets as the US-Iran military conflict escalated overnight.

Escalating conflict in West Asia drove global crude prices up pushing US consumer inflation rates to their highest levels in three years.

MUFG Bank, Sumitomo Mitsui, and Mizuho Bank agreed to launch a yen-denominated stablecoin to streamline stock and investment trust settlements.

Bank of Japan Governor Ueda was hospitalized with a hepatic cyst infection forcing Deputy Governor Himino to chair next week’s policy review.