India’s Oil Import Bill Jumps 56.5% to $63.4 Billion in April-July
India’s crude oil import bill surged 56.5% year-on-year to $63.4 billion during April-July FY27, driven mainly by higher international crude prices amid the ongoing West...
Tag : India
How the 1991 Reforms Transformed India’s Economy: From Crisis to Global Growth Story
Few economic events have reshaped a nation as profoundly as the 1991 economic reforms did for India. Widely regarded as the turning point in the...
E20 Petrol in India: Everything You Need to Know About India’s Green Fuel Revolution
India is undergoing one of the biggest transformations in its energy sector as it seeks to reduce its dependence on imported crude oil and transition...
Rupee Gains 3 Paise to 95.42 Against US Dollar
The Indian rupee gained 3 paise to close at Rs 95.42 against the US dollar on Friday, recovering slightly after falling 12 paise in the...
How India’s New Maritime Insurance Pool BMIP Works
India has started offering P&I insurance through a new government backed scheme, the BMIP, with first policies issued in July. The first policies went to...
Russia Explores Rail Route to India Via Iran, Pakistan
Russia is looking at a new overland route to reach the Indian Ocean, and India could end up being one of the destinations on that...
India Set to Beat Rs 80,000 Cr Disinvestment Target
India is on track to beat its Rs 80,000 crore disinvestment target this fiscal year, helped by a record sale of LIC shares earlier this...
India Plans New PLI Scheme to Build 10 GW of Polysilicon Capacity
India is preparing a new Production Linked Incentive (PLI) scheme to encourage domestic manufacturing of polysilicon, a key material used to make solar panels. The...
India May Levy Gas Users to Fund $42 Bn Reserve
India could soon add a small charge to cooking and natural gas bills to help fund a massive new fuel reserve, sources say. The plan...
India’s Factory Growth Slows to Near Five-Year Low as Demand Weakens
India’s manufacturing sector expanded at its slowest pace in nearly five years in July, as softer demand weighed on factory activity. The HSBC India Manufacturing...