Localisation push boosts solar manufacturing, but new investments face profitability challenge
India’s new domestic-content mandate for solar cells is set to sharply reduce reliance on imports, with indigenous manufacturers expected to…
Category: World
India’s power demand to increase 7% in FY27 due to El Nino after record 271 GW peak
India’s Power Demand Projected to Hit 1,830 BU in FY27 as Weather Pressures Fuel Mix: Crisil India’s power sector could…
Better targetting: 22 million people off free-ration list
The beneficiaries pool of the Pradhan Mantri Garib Kalyana Anna Yojana (PMGKAY) is being rationalised. The names of 22.1 million…
Nearly all steel exports to UK may escape safefuard tariff
India Secures Steel Tariff Exemptions from UK, Clearing Way for Historic CETA Launch on July 15 India has managed to…
Rupee surges nearly 3% from record lows as US-Iran peace pact triggers 5% oil slump
Indian Rupee surges nearly 3% from record lows weighed by slump in oil prices (Image: AI-Generated) The Indian rupee has…
India’s May merchandise exports hit all-time monthly record high of $45.20 billion
Overall exports rose to USD 81.96 billion, compared to USD 70.76 billion recorded in May 2025, showing strong year-on-year growth.…
India, UK close to removing CETA hurdles
The UK's CBAM will apply to imports of aluminium, cement, fertiliser, hydrogen, iron and steel. Imports of these items where…
Rupee gains as geopolitical tensions ease
The Indian rupee rose on Monday after the announcement of the US-Iran peace deal, which drove oil prices lower. The…
Economic sentiments may be lifted: BoP and fiscal concerns to ebb; if peace lasts
With global energy supply routes normalising, India could benefit from a reduced current account deficit, lower subsidy burdens and improved…
Monsoon ‘deficient’ at 28% of benchmark, FM flags impact on farmers’ income
A delayed and weaker-than-normal monsoon has raised concerns over agricultural incomes, fertiliser availability and rural demand. While meteorologists expect rainfall…