#EconomicCrisis Archives

LPG Price Hike 2026: ₹29 More for Every Cylinder, Middle Class Feels the Heat as Cost of Living Crisis Deepens

June 7, 2026 Editor

Domestic LPG Price Hike Adds Fresh Burden on Families Already Struggling With Inflation By: Javid Amin | 06 May 2026 Cooking Gas Becomes Costlier Again; Is the Common Man Paying the Price of Every Economic Shock? India’s middle class and low-income households woke up to another inflationary blow on June 7, as domestic LPG cylinder prices were increased by ₹29 per 14.2-kg cylinder. The latest revision marks the second hike in just three months, further increasing the financial burden on families already grappling with rising prices of food, education, healthcare,…

Rupee Hits All-Time Low of 87.94 Against US Dollar: Experts Warn of Further Decline

February 10, 2025 Editor

The rupee’s fall comes at a time when it has already become Asia’s worst-performing currency of the year and as the RBI tries to build up its forex reserves. The rupee plunged 44 paise to hit an all-time low of 87.94 against the US dollar in early trade on Monday. This comes at a time when the rupee has already become Asia’s worst-performing currency of the year after experiencing a series of record lows, according to a Bloomberg report which cited brokerage firm Nomura. Why did the rupee fall? The rupee’s…

MSME Crisis: J&K Suffers 700 Closures in Four Years, Part of National Struggle

December 6, 2024 Editor

700 MSMEs shut shop in J&K in 4 years; The closures in J&K are part of a larger nationwide trend, with 61,469 industrial units, including 60,909 micro, 507 small, and 53 medium-scale enterprises, closing during the same period Srinagar, Dec 5: In a significant blow to Jammu and Kashmir’s industrial landscape, over 700 Micro, Small, and Medium Enterprises (MSMEs) have shut down operations in the past four years. According to a written reply by Union Minister of Commerce and Industry Piyush Goyal in the Lok Sabha, 701 industrial units, including…