Related Stories
Delhi Potholes: A Hidden Economic Cost for Drivers
An app-based cab driver in Delhi highlights the severe economic impact of poor road conditions, arguing that fixing potholes should be prioritized over the introduction of E20 petrol. He details increased repair costs, reduced earnings, and higher fuel consumption due to damaged roads, affecting millions of drivers and logistics operators.
Indian Equity Benchmarks Crash Amid US-Iran Tensions and Soaring Crude Oil Prices
Indian stock market indices Nifty50 and BSE Sensex plunged around 2% on Wednesday, erasing nearly Rs 8 lakh crore in investor wealth. The crash was triggered by fresh US-Iran tensions following President Trump's declaration that the ceasefire arrangement was "over," leading to a surge in crude oil prices and a wave of risk aversion globally.
Household Food Expenses Under Pressure from Rising Tomato, Cooking Gas Prices
Household food expenses in India are expected to remain high due to increased prices of tomatoes, cooking oil, and LPG. While potato prices have fallen, the rise in other essentials has driven up both vegetarian and non-vegetarian thali costs month-on-month in June. Future price moderation depends on seasonal crop arrivals and global energy markets.
Air India ordered to pay Rs 20 lakh compensation and refund to senior citizen for defective business class seat
A 73-year-old man with cervical spondylosis was awarded a full refund and Rs 20 lakh compensation by the NCDRC for a defective business class seat on an Air India flight. The faulty seat caused him severe pain and discomfort during a 15-hour journey, exacerbating his medical condition.
Titan, Kalyan Jewellers Show Resilience Amid Q1FY27 Headwinds
Despite inflation, higher interest rate expectations, and the Adhik Maas period impacting demand, Titan and Kalyan Jewellers reported strong Q1FY27 business updates. Both companies saw robust jewellery demand, supported by store expansion and growth in domestic and international markets.
Indian Rupee Faces Depreciation; RBI Explores FX CRR to Stabilize Currency
The Indian Rupee has depreciated nearly 9% against the USD since early 2025, facing headwinds from equity valuations, AI theme exclusion, and geopolitical tensions. The RBI has intervened heavily, selling $87 billion and increasing its short forward book. Measures like tax removal and FCNR deposits aim to attract capital, but a proposed FX cash reserve ratio could resolve currency leads and lags without altering interest rates.