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Steady3 stories3 sourcesLast updated: 5/10/2026

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‘Fuel price hike inevitable’: State-run oil firms lose over Rs 1 lakh cr in 10 weeks
NEWS
5/10/2026

‘Fuel price hike inevitable’: State-run oil firms lose over Rs 1 lakh cr in 10 weeks

State-owned oil companies are facing over Rs 1 lakh crore in losses due to soaring global fuel prices, with daily under-recoveries reaching Rs 1,700 crore. Despite this, petrol and diesel prices remain unchanged, impacting the financial health of these crucial energy providers. A fuel price hike now appears inevitable, with the government facing a political decision on timing and extent.

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Times of India
Yes, retail investment needs a boost – but the squirrel looks too tame | Nils Pratley
NEWS
4/22/2026

Yes, retail investment needs a boost – but the squirrel looks too tame | Nils Pratley

Ambition behind investing campaign is laudable, yet cutting stamp duty on share purchases, for example, would be much more savvyCity firms bank on ‘savvy’ ad campaign to push Brits towards investingRed squirrel characters have a history in the public information game. Older UK readers may recall Tufty, who taught children about road safety in the 1970s. His chum, Willy Weasel, regularly got knocked down by passing cars but clever Tufty always remembered to look both ways.Now comes Savvy Squirrel, who, with backing from the chancellor and a multi-year lump of advertising spend from the financial services industry, will try “to drive a step-change in how investing is understood, discussed and adopted”, as the blurb puts it. In translation: don’t squirrel everything away in a boring cash Isa but try taking an investment risk or two if you value your long-term financial health. Continue reading...

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Guardian Business