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India cuts special additional excise duties on petrol, diesel

March 27, 2026
Finance

NEW DELHI, March 27 (Reuters) – India slashed its special excise duties on petrol and diesel, as fuel ​prices stay volatile with supplies choked by the Iran ‌war. In a government order on Thursday, India’s finance ministry reduced the special excise duty on petrol to 3 rupees ($0.0318) per litre from 13 rupees earlier. It ​also cut the duty on diesel to zero from 10 ​rupees. The U.S.-Israeli war with Iran has led to a near-closure of ⁠the Strait of Hormuz, which serves as a conduit for ​40% of crude oil imports, hurting shipping and gas supplies. The ministry did

Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll

March 27, 2026
Finance

BENGALURU, March 27 (Reuters) – The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, ​a Reuters poll of economists showed, as benign price pressures give it ‌space to assess the impact from the Middle East conflict. Inflation has stayed below the RBI’s medium-term target of 4% for a year and economic growth remains strong but the U.S.-Israel war with Iran has blocked ​a key transport corridor and threatens price stability for the world’s third-largest oil importer. Still, ​all but two of 71 economists in the March 23-26

The war in Iran sparks a global fertilizer shortage and threatens food prices

March 27, 2026
Finance

HANOI, Vietnam, March 27, 2026 (AP) — Farmers around the world are feeling the squeeze of the Iran war. Gas prices have shot up and fertilizer supplies are waning due to Tehran’s near shutdown of the Strait of Hormuz in retaliation for U.S. and Israeli bombing. The fertilizer shortage is putting the livelihood of farmers in developing countries — already troubled by rising temperatures and erratic weather systems — further at risk, and could lead to people everywhere paying more for food. The poorest farmers in the Northern Hemisphere rely on fertilizer imports from the Gulf, and the shortage comes

College students are writing with AI – but a pilot study finds they’re not simply letting it write for them

March 26, 2026
General
College students are writing with AI – but a pilot study finds they’re not simply letting it write for them

Debates about generative AI in higher education have been informed by studies of completed student papers, or self-reported survey data. Research shows that artificial intelligence tools can support learning, but also has raised concerns, including students’ overreliance, cheating, and the potential degradation of critical thinking and engagement. While these types of studies provide interesting snapshots of reported practices, their methodologies may hide something important: how writing actually unfolds while students are composing with the assistance of AI. A pilot study I led of undergraduate writers at Kennesaw State University takes a different approach. Using think-aloud protocols – a method where

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