Due to low global prices and reduced discounts India reducing its oil imports from Russia may have limited impact in its fiscal. | Photo Credit: Reuters The prevailing low global oil prices mean that, if India chooses to shift away from importing Russian oil and switches to more oil from the U.S., the financial impact…
The Household Consumption Expenditure Survey (HCES) by the Ministry of Statistics and Programme Implementation (MoS&PI) captures spending pattern of Indian households across various consumption categories. Conducted every five years, the HCES provides granular estimates of Monthly Per Capita Expenditure (MPCE) for both rural and urban populations, covering a wide range of goods and services. The…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $9.809 billion to $686.801 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday (January 9, 2026). In the previous reporting week, the forex reserves had jumped by $3.293 billion to $696.61 billion….
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India is expected to grow by 7.2% in the financial year 2025-26, with consumption and public investment expected to “largely offset” the impact of the tariffs by the United States, the United Nations Department of Economic and Social Affairs (UNDESA) said in a report. …
India will continue to work with the International Solar Alliance (ISA) and support solar adoption and energy transition goals, government sources said on Thursday, even as the United States announced its withdrawal from the alliance. In an executive order signed on January 7, the U.S. sought to withdraw from 66 “wasteful, ineffective or harmful international…
Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto Since the introduction of Pro-Active Governance and Timely Implementation (PRAGATI) platform, a total of 53 projects of the Power Ministry have been reviewed of which 43 have been completed and 10 are under varied phases of construction, senior officials in the ministry informed…
Markets regulator Securities and Exchange Board of India (SEBI) has accused a Bank of America (BofA) unit of violating insider trading rules and breaking internal “Chinese walls” in a 2024 share sale, a notice showed. The SEBI notice followed its investigation into the conduct of the bank’s domestic securities unit in managing a March 2024…
There has been a lot of focus on the recent Aravalli judgment and its implications for mining operations across the green belt as well as the government’s commitments regarding environmental standards and regulatory protection for ecologically sensitive areas. In the Paris summit, India had committed to four quantified climate targets, grounded in the principle of…
Data shows that not all commodities exported to the U.S. were impacted by tariffs | Photo Credit: VIPIN CHANDRAN Last month, we noted that India’s trade data for November had shown a continued resilience in exports despite mounting U.S. tariffs. Not only did India’s overall exports grow, but shipments to the U.S. also rebounded. However,…
Image used for representational purpose only. | Photo Credit: The Hindu India added 6.34 gigawatts (GW)-worth wind energy capacity in the calendar year 2025 with the total capacity in the country scaling 54.51 GW at the end of the year, Union Minister for New and Renewable Energy Pralhad Joshi informed Wednesday (January 7, 2026). Poignant…
