On Tuesday, the Indian rupee weakened to a record low of 95.63 against the US dollar in early trade, highlighting concerns surrounding the country’s import bill, current account deficit and foreign exchange reserves.
India’s renewable energy industry has called for state-specific renewable energy bidding and more decentralised project planning to reduce infrastructure stress.
Union Petroleum Minister Hardeep Singh Puri on Tuesday assured that India is not facing any fuel shortage despite escalating geopolitical tensions in West Asia and continued disruptions in global energy markets.
Veteran banker Uday Kotak has cautioned that India and corporate India must prepare for major economic shocks arising from the ongoing West Asia conflict.
Large parts of India continue to remain under the grip of intense summer heat, with the India Meteorological Department (IMD) warning of persistent heatwave conditions across western and central India over the coming days.
Tamil Nadu Chief Minister C Joseph Vijay has reignited the state’s decades-old political and social debate surrounding prohibition and liquor regulation after ordering the closure of 717 state-run liquor outlets across the state.
Global energy markets remained under intense pressure after fresh diplomatic efforts between the United States and Iran.
The Indian government is reportedly considering a series of emergency economic measures to protect the country’s foreign-exchange reserves amid escalating geopolitical tensions in West Asia.
India’s soaring gold imports have once again come into sharp focus after Prime Minister Narendra Modi urged citizens to adopt austerity measures amid escalating geopolitical tensions in West Asia