Commercial LPG price hiked again, up Rs 1,331 since Iran conflict started

2025 కొత్త సంవత్సరం కేంద్రంలోని మోదీ ప్రభుత్వ గ్యాస్ సిలిండర్ వినియోగదారులకు రిలీఫ్ అందించింది.తాజాగా కమర్షియల్ ఎల్పీజీ గ్యాస్ సిలిండర్ ధర రూ.14-16 తగ్గింది. 19 కిలోల కమర్షియల్ గ్యాస్ సిలిండర్ ధరలపై కంపెనీలు ఈ తగ్గింపు వర్తిస్తుంది. NEW DELHI: State-owned oil marketing companies (OMCs) on Friday announced a nearly 50% increase in commercial LPG cylinder rates, while keeping the prices of domestic LPG, petrol,…

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West Asia conflict a ‘war’, government firms can invoke ‘force majeure’ clause

The clause allows relief in extraordinary circumstances beyond human control, such as war, and frees parties from contractual liability NEW DELHI: The West Asia conflict should be treated as a “war” to invoke the ‘force majeure’ clause in public contracts where obligations have been impacted by disruptions, the finance ministry has said.It has allowed govt…

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Why GST collections hit a record high of Rs 2.43 lakh crore in April and will the trend sustain? Explained

Strong indirect tax collections work well for government finances, especially at a time when the economy is facing global headwinds. (AI image) India’s gross Goods and Services Tax (GST) collections rose to a record high of Rs 2.43 lakh crore in April 2026. The number assumes greater significance in the backdrop of the Middle East…

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University of Chicago honours former CEA Krishnamurthy V Subramanian with top alumni award

The University of Chicago on Friday said it has conferred its prestigious Alumni Award for Professional Achievement to India’s former chief economic adviser Krishnamurthy V Subramanian.Subramanian is the first Indian economist to receive the honour since its inception in 1941, placing him in an elite global cohort that includes Nobel laureates and intellectual giants such…

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Banking panel to review PSB constraints, credit flow: DFS Secretary

A proposed High-Level Committee on Banking for Viksit Bharat will examine balance sheet constraints faced by public sector banks and ways to better leverage their capital, Financial Services Secretary M Nagaraju said on Friday, PTI reported.The government is expected to announce the terms of reference for the panel soon.“This committee is expected to review the…

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India’s first barrier-less toll system launched on NH-48 in Gujarat; here’s what it means for commuters

Union Minister Nitin Gadkari on Friday announced the rollout of India’s first Multi-Lane Free Flow (MLFF) barrier-less tolling system at the Chorayasi Toll Plaza on the Surat–Bharuch stretch of NH-48 in Gujarat.The new system allows vehicles to pass through toll plazas without stopping, using technologies such as Automatic Number Plate Recognition (ANPR) and FASTag for…

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Bank holidays in May 2026: On which days are banks closed? Check full state-wise list

May 2026 bank holidays: May 2026 brings a packed holiday calendar for banks, with several state-specific closures to affect branch operations across India. While banks will not shut nationwide on every listed date, customers may need to track local holidays before planning cheque deposits, document work, cash transactions or in-person banking visits.Apart from weekly offs…

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