TNI Business News Beat – May 14, 2026

TNI Business News Beat – May 14, 2026

Date:

📌 Cabinet Clears Rs 20,667 Crore Rail Project

The Centre approved the Ahmedabad–Dholera semi high-speed double-line corridor to strengthen industrial and freight connectivity.

📌 Govt Approves Rs 37,500 Crore Coal Gasification Scheme

The ambitious plan aims to reduce India’s dependence on coal imports and boost cleaner energy alternatives.

📌 Rupee Hits Fresh Record Low Against Dollar

The Indian rupee slipped to an all-time intraday low of 95.80 amid crude oil pressure and global uncertainty.

📌 Govt May Raise Petrol, Diesel Prices Soon

RBI Governor hinted that fuel price hikes could become inevitable as global energy prices remain elevated.

📌 EPFO To Automate PF Withdrawals Soon

Provident fund withdrawals are set to become fully automated, reducing delays and improving ease for subscribers.

📌 India’s Forex Reserves Remain Strong: Economists

Experts said the country’s foreign exchange reserves remain robust enough to defend the rupee against volatility.

📌 Global Oil Supply May Fall Short This Year

The IEA warned that the Iran conflict could push global oil demand above supply levels in 2026.

📌 Air India Cuts Flights Amid West Asia Crisis

Rising fuel costs and weaker travel demand linked to geopolitical tensions have forced flight reductions.

📌 India Can Become Global AI Skills Hub: IBM

IBM India said the country could emerge as the world’s AI talent capital if AI literacy significantly improves by 2030.

TNI Business News Beat - May 14, 2026

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