JPMorgan sees oil prices staying in low $100s despite Hormuz reopening

IANS | May 12, 2026 10:16 AM

New Delhi, May 12 (IANS) Global crude oil prices are likely to remain in the low $100s per barrel mark for an extended period due to persistent supply disruptions and logistical bottlenecks linked to tensions in West Asia, according to a report by JPMorgan Chase & Co.

‘Gold not necessary this time’: PM Modi urges spending discipline

IANS | May 11, 2026 9:21 PM

Vadodara, May 11 (IANS) Prime Minister Narendra Modi on Monday appealed for greater self-reliance in consumption habits and financial discipline, including reduced dependence on imported goods, gold purchases, and fuel consumption, during his address in Vadodara.​

India’s urban unemployment dips, rural jobs rise

IANS | May 11, 2026 6:39 PM

New Delhi, May 11 (IANS) There was a decline in urban unemployment during the January-March quarter of the current year, along with an increase in rural employment in both the secondary and tertiary sectors, according to a statement issued by the Ministry of Statistics on Monday.