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ENERGY IMPORTING ECONOMY
European markets ride oil tailwinds, but can they challenge Wall Street’s tech supremacy?European equities are rallying as lower crude prices following the Iran ceasefire improve the region’s near-term outlook, easing inflation ...- Let's gilt trip those foreign investorsGoldman Sachs highlights Indian government bonds as a prime investment opportunity for foreign investors. Favorable policy changes by the I...
- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
- Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
- Emerging technologies will define next phase of India-US ties: Ambassador KwatraEmerging technologies like AI and semiconductors will spearhead India-US cooperation, according to Ambassador Vinay Mohan Kwatra. India is ...
- Technology to be central to Hindustan Zinc's next phase of growth: ChairpersonHindustan Zinc is pivoting towards becoming a future-ready energy transition company, Chairperson Priya Agarwal Hebbar announced. The firm ...
- Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
- Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
- 'Jewar solar plant to boost India's export power; generate thousands of jobs': CM Yogi Adityanath"I believe that this solar cell manufacturing hub will also play a major role in increasing India's export power. This means it will help i...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- A $10 trillion industry sprang up when we weren’t lookingDespite political headwinds and global challenges, the sector's rapidly improving economics and falling costs signal a durable foundation, ...
- Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- MoSPI mulls adding coal assets valuation to national accountsIndia's statistics ministry is exploring ways to put a price tag on its non-renewable resources, starting with coal. This move aims to prov...
- MoSPI releases discussion paper to identify apt method to compile coal monetary asset accountsIndia's Ministry of Statistics has released a discussion paper on valuing coal assets monetarily, aligning with UN environmental accounting...
- India-Latin America trade to reach $100 billion by 2030 from $50 billion currently: Uruguay AmbassadorAmarilla, Ambassador of Uruguay to India and Coordinator of the Latin American and Caribbean Group (GRULAC), told ANI on Wednesday, highlig...
- India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
- Railways showed the way. What should India electrify next?If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of I...
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