Government sources indicate a potential rise in petrol and diesel prices due to mounting losses from a four-year retail rate freeze amid soaring global oil costs.
Saudi Arabia is reportedly scaling back its lavish spending, particularly in sports, amid financial concerns, signaling a strategic shift.
Central banks are increasing gold reserves due to rising geopolitical risks and a need for stable assets.
India's GST collections hit a record Rs 2.43 lakh crore in April, an 8.7% rise, driven by strong domestic transactions and import growth.
Commercial LPG prices have surged by a record Rs 993 per cylinder, reaching Rs 3,071.5 in Delhi due to rising global energy costs.
Oil companies absorb global fuel price rises, keeping petrol, diesel, LPG, and domestic ATF steady for consumers.
India has cut windfall tax on diesel exports to Rs 23/litre and ATF to Rs 33/litre, effective May 1.
After a seven-year ban, direct commercial flights between the U.S. and Venezuela have resumed, signaling a step towards re-establishing ties.
Africa faces economic hardship and fuel supply challenges due to the ongoing conflict in the Middle East.
Naila Zahoor Chib, a Selection Grade Officer of the Jammu and Kashmir Accounts Service, has been promoted to the Special Scale by the government.