$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market

As China’s economy slows, consumers are increasingly turning to domestic luxury products, challenging the dominance of long-established European brands.

By Joy Dong

Fuel price hike: FM says 'India can't afford fear mongering'; govt may lose Rs 1 lakh cr revenue

Finance Minister Nirmala Sitharaman stated that reducing fuel excise duties would cost Rs 1 lakh crore, emphasizing India's need for confidence over fearmongering amidst rising petrol and diesel prices. She highlighted the resilience of India's domestic economy despite global pressures on fuel, fertilizer, and forex, urging focus on these "three Fs".

By TOI BUSINESS DESK

Opposition criticises government on 4th fuel hike in 10 days; demands rollback

The repeated hikes come against the backdrop of rising global crude oil prices, with India’s crude oil import basket surging to around USD 113 to 114 per barrel

Amid Mideast conflict, Indian finance minister calls for focus on '3Fs' — fuel, fertiliser and forex

Indian Finance Minister Nirmala Sitharaman urged the country on Monday to focus on fuel, fertiliser and foreign exchange and underlined Prime Minister Narendra Modi’s plea to conserve foreign exchange as “very important” amid the Gulf crisis. Earlier this month, Modi called on Indians to conserve fuel and foreign exchange and avoid gold purchases, among other austerity measures, to better manage the energy shock and economic headwinds. “The prime minister giving a call to conserve foreign exc...

By none@none.com (Reuters)

Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi

Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.