India’s energy trade with the United States underwent a significant shift during the first quarter of financial year 2026-27, with imports of petroleum products, led largely by liquefied petroleum gas (LPG), registering a sharp increase even as purchases of American crude oil declined substantially. Government trade data showed that India’s imports of petroleum products from...
Prime Minister Narendra Modi has renewed his appeal for Indians to prioritise domestic consumption and support the broader idea of self-reliance, linking individual spending choices with India’s economic strength. In a video message on Tuesday, Modi congratulated the country after India recorded a 7.8% economic growth rate in the first quarter of the financial year...
India’s sugar market has witnessed an unexpected reversal in the 2025-26 season. At the beginning of the season, the country appeared to be heading towards a comfortable surplus, with production expected to rise and sufficient stocks projected to remain available for domestic consumption and exports. Instead, the market has moved into a period of sharply...
India’s Chief Economic Adviser V. Anantha Nageswaran has suggested that the government consider restoring a lower ethanol-blended petrol option, such as E10, alongside E20, as concerns continue to grow among vehicle owners over the nationwide shift to higher ethanol blending. Nageswaran made the recommendation in an opinion article co-authored with Akash Poojari, a consultant in...
Assam Chief Minister Himanta Biswa Sarma has announced a major infrastructure investment plan worth ₹1.5 lakh crore, combining state resources with proposed central government support, as part of the state’s long-term objective of becoming a developed state by 2047. Sarma made the announcement during his Independence Day address at Khanapara in Guwahati on Saturday. The...
Prime Minister Narendra Modi on Saturday urged Indians to set bigger goals for the country as he renewed his call for building a developed India by 2047. Addressing the nation from the Red Fort on India’s 80th Independence Day, Modi said the country’s ambitions must match its growing capabilities and potential. The Prime Minister presented...
The future of a potential stock market listing for Tata Sons remains uncertain as the Reserve Bank of India (RBI) prepares to release a revised list of Non-Banking Financial Companies classified under its Upper Layer (NBFC-UL) category. The central bank has indicated that the updated classification system will follow a more principle-based approach, raising questions...
Prime Minister Narendra Modi on Tuesday highlighted India’s reported 7.7% economic growth rate and urged political parties to ensure that parliamentary discussions during the Monsoon Session remain grounded in facts. In his customary remarks before the commencement of the session, Modi said India’s economic performance reflected the strength and resilience of the country’s economy while...
Indian equity markets opened the trading session on a weak note, with benchmark indices witnessing a sharp decline during early trade as investors reacted to selling pressure in heavyweight banking stocks and a fresh rise in global crude oil prices. The market mood remained cautious amid concerns that higher energy costs could increase inflationary pressures...
India’s rapidly evolving space ecosystem is set to enter a transformative phase with the launch of Vikram-1, the country’s first privately developed orbital launch vehicle. The mission represents a defining moment not only for the company behind the rocket but also for India’s broader ambition to establish itself as a leading global player in the...