BUSINESS
LPG price cut was aimed at realigning with market dynamics
In the complex interplay of political and economic factors that govern LPG consumption in India, the recent reduction in domestic LPG prices, coupled with supplementary support for the PMUY segment, is unlikely to exert any additional fiscal burden on the government or OMCs.
BUSINESS
Steel prices are set to cool
Slowing global demand, cheap imports, and softer input costs to reverse a nearly six-month rally
BUSINESS
India’s incipient power crisis needs a non-fossil fix
With demand set to grow nearly by a third in absolute terms, generation and storage of renewable energy is the only sustainable solution to meet volatile summer demand
BUSINESS
Budget 2021 expectations | Transporters' profitability hinges on reduction in excise duty on diesel
Freight demand revival, which will improve transporters’ profitability, depends on recovery in economic growth and the government’s spending, especially on infrastructure.
BUSINESS
Budget 2021 expectations | Farm gate infrastructure development can give agriculture sector fresh fillip
The formation of 10,000 new farmer producer organisations as proposed for fiscal 2021 can cater to only seven percent of the farming population. Also, the existing FPOs lack capacity, leadership and basic infrastructure for effective market participation.
