The ongoing Middle East crisis has triggered concerns over the supply of several essential commodities, including fertilisers. Addressing these worries, the government on Saturday said the country’s fertiliser availability remains stable, assuring that existing stocks of urea and other key crop nutrients are “more than adequate”.Speaking at an inter-ministerial media briefing on the situation related…

Growth in India’s eight core infrastructure industries eased to 2.3 per cent in February, down from 3.4 per cent in the same month last year, reflecting weakness in energy-linked segments even as output expanded in several manufacturing-oriented sectors.According to official data, production of crude oil, natural gas and petroleum refinery products declined during the month,…

Speaking at an interaction with chartered accountants in Mumbai, Goyal said export growth has remained robust even as global trade faces multiple challenges. India’s merchandise exports have grown about 15% during April 1-June 14 despite ongoing global economic uncertainties and higher US tariffs, commerce and industry minister Piyush Goyal said on Sunday, signalling continued resilience…

As the Middle East conflict continues to strain global energy supplies, the government is pushing for faster expansion of piped natural gas (PNG) connections across the country. But the plan is facing a major hurdle. A shortage of certified gas plumbers has slowed the rollout, with city gas distribution (CGD) companies currently adding only 8,000-10,000…

Nomura has a buy rating on Petronet LNG with the target price cut to Rs 340 from Rs 370. Analysts said the crisis in West Asia may hurt the company’s near-term volumes. They cut the company’s FY27 earnings before interest, taxes, depreciation and amortisation (EBITDA) by 23% as Ras Laffan may take months to come…

The Reserve Bank of India (RBI) on Friday announced a record dividend payout of Rs 2.87 lakh crore to the government for FY26, providing additional fiscal space amid evolving global and geopolitical challenges, PTI reported. The decision on the surplus transfer was taken at the 623rd meeting of the RBI Central Board of Directors chaired…