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Maharashtra ignored over 10k audit queries, ₹891 crore lapses possible: CAG | Economy & Policy News

The Comptroller and Auditor General (CAG) of India has flagged “systemic deficiencies” in Maharashtra’s governance, identifying ₹891 crore in possible financial irregularities across more than 10,000 audit queries that various departments ignored despite repeated reminders over a decade. The CAG, in the report tabled in the recently concluded budget session of the state…

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Energy ‘vulnerable’ India seeks U.S. help to produce oil and wean itself off Russia, Middle East

India imports nearly 90% of its crude oil—largely from Russia and the Middle East. With geopolitical trouble making both of those sources less reliable and leaving it vulnerable, the world’s most populous country is inviting more foreign investment to help it boost its domestic oil and gas supplies, a top energy executive from India told…

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Asian stocks today: Markets trail as Middle East conflict deepens; Nikkei drops 0.9%, MSCI Asia Pacific slips 0.5%

Asian shares on Tuesday recorded their steepest fall since 2022, as the Middle East war completed a month, fuelling fears of higher inflation and slower economic growth.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 per cent and was on track for a monthly decline of more than 12 per cent, marking its worst…

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