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Around two-thirds of India’s LPG demand is met through imports, with the Middle East accounting for roughly 85 to 90 per cent of those supplies. Oil refiners have been told to maximise LPG output by ensuring that the propane and butane available with them are fully utilised for cooking gas production, the report said.

Gold price prediction today: Gold prices are volatile with any dips allowing investors to buy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.

The Indian Rupee saw a slight gain against the US Dollar. This happened after the United States granted a 30-day waiver. Indian refiners can now buy Russian oil. This decision aims to ease global energy supply pressures. The move comes amid ongoing West Asia conflict. Domestic equity markets faced pressure. Foreign funds also withdrew from

China now leads the world with 1,110 billionaires, surpassing the United States, according to the Hurun Global Rich List. The nation added 287 new billionaires, largely driven by AI, semiconductors, and healthcare, showcasing rapid wealth creation and a significant shift in global economic power.

Around 90% of India’s crude oil is imported – and around 40-50% of India’s crude oil imports come from the Middle East, particularly after it substantially reduced purchases of Russian crude oil.

The question that matters now is whether this draft becomes a serious rule with genuine enforcement, or another addition to our impressive collection of regulations that exist mainly on paper.

Gold and silver price prediction: Gold prices may rally towards Rs 1.72 lakh and silver prices to Rs 3 lakh, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group.

Despite escalating Middle East tensions and a surge in global crude oil prices, petrol and diesel rates in major Indian cities remain steady. Government sources indicate a strategy to shield consumers, with oil marketing companies absorbing some of the price hike. This approach aims to prevent significant inflation and GDP impact, ensuring stability for the

India currently offers two parallel tax systems for individuals – Old Personal Tax Regime and New Personal Tax Regime. While the new regime is now the default option, the choice remains with the taxpayer.

Gold prices experienced mixed movements in futures trading on Thursday. Meanwhile, retail bullion rates across major Indian cities saw a slight dip, reflecting recent global market volatility. Consumers in Delhi, Mumbai, and Kolkata observed a Rs 98 decrease per gram for 24K gold, while other cities also reported similar corrections.