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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...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
Bolivia's Paz declares state of emergency over blockade crisisBolivia's President Paz has declared a state of emergency, aiming to resolve the ongoing blockade crisis that's crippling the nation. This ...
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
Yen nears weakest in 40 years as BOJ hike fails to stem routThe yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by governmen...
India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
Bank of Japan raises interest rates to 31-year highThe Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong foc...
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
Delhi Electricity Bill Hike: Who will pay more, how much BRPL, BYPL and TPDDL customers will be charged, and from whenDelhi electricity consumers may soon see higher power bills. The Delhi Electricity Regulatory Commission has approved an increased surcharg...
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
Petrol, Diesel Price today: Check fuel rates in Delhi, Mumbai, Lucknow, Bhubaneswar and other citiesToday Petrol, Diesel Price June 9: Fuel prices in India remain at their highest since May 2022, with petrol and diesel seeing cumulative hi...
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...