Headlines

India’s LPG consumption drops 13% in March amid Middle East supply disruptions​Business News Today: Stock Markets, Financial News, India Business & World Business News

India’s cooking gas use plunged 13% in March, hit by Middle East conflict-induced supply snags. While household needs were prioritized, commercial LPG consumption saw a drastic drop. Domestic production was boosted to compensate for import disruptions, though overall fiscal year LPG demand still grew. Jet fuel demand remained flat, but petrol and diesel consumption showed…

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Rs 20,000 crore gold, silver rush: What will people buy this Akshaya Tritiya?​Business News Today: Stock Markets, Financial News, India Business & World Business News

India’s gold and silver markets anticipate over Rs 20,000 crore in sales this Akshay Tritiya, a rise from last year’s Rs 16,000 crore, despite record-high prices. Consumers are shifting towards lightweight jewelry and silver, with a notable decline in the volume of metals purchased, indicating value growth driven by price escalation rather than increased consumption.

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US tightens screws on high-skilled immigration: Denial rates surge across visa categories​Business News Today: Stock Markets, Financial News, India Business & World Business News

US immigration routes for skilled Indian professionals are facing unprecedented uncertainty. Elite visa categories, including EB-1 and EB-2 NIW, have seen rejection rates nearly double and more than triple respectively. Even temporary visas like O-1 and L-1 are experiencing increased denials, signaling a significant tightening of pathways for top talent.

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OTP can’t secure payments: RBI rolls out stricter digital payment rules from April 1 – what is changing​Business News Today: Stock Markets, Financial News, India Business & World Business News

India’s digital payments are getting a security boost from April 1 with stricter RBI authentication rules, requiring two-factor verification for all transactions to combat rising fraud. Beyond digital payments, changes affect credit cards, FASTags, RuPay cards, PAN applications, and banking services, alongside a new income tax framework, aiming for a safer financial ecosystem.

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Shocker for India’s solar sector: US slaps 123% anti-dumping duty on imports​Business News Today: Stock Markets, Financial News, India Business & World Business News

The US has slapped a hefty 123.04% anti-dumping duty on Indian solar cells and modules, citing “critical circumstances.” This, combined with existing duties, makes US shipments unviable. However, Indian solar firms have already diversified exports to Europe and West Asia, mitigating the immediate impact. The industry plans to challenge the “flawed” findings.

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Noida workers protest: Key issues, wages, and other demands; top 10 things to know​Business News Today: Stock Markets, Financial News, India Business & World Business News

Factory workers’ demands for a wage hike escalated into violent clashes, exposing deep-rooted anger over pay disparities and poor working conditions. The strike paralyzed traffic, stranding thousands and causing significant damage to public and private property. Security forces were deployed to restore normalcy.

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