4 min readMay 11, 2026 09:11 PM IST Despite the global oil and fuel supply disruption due to the West Asia war, the country has more than adequate stocks of major fuels like petrol and diesel to ensure stable supplies for the foreseeable future and there is no plan to ration supplies, Petroleum Secretary Neeraj…
Curtailment of renewable energy has emerged as a critical challenge for India’s clean energy transition, amid growing instances of solar power being backed down due to transmission constraints and excess daytime generation. Speaking at the Confederation of Indian Industry Annual Business Summit 2026, Santosh Kumar Sarangi, Secretary at the Ministry of New and Renewable Energy,…
2 min readUpdated: May 12, 2026 10:01 AM IST Indian Rupee New Record Low: Indian equity markets opened on a weak note on Tuesday, extending early losses amid broad-based selling in IT, banking and financial stocks. Sensex was down 525.44 points or 0.60 percent at 75,559.99, while the Nifty slipped 116.55 points or 0.49 percent…
4 min readMumbaiMay 12, 2026 04:08 PM IST At a time when the global economy is shifting from globalisation to an increasingly ‘tribal’ order, countries need to be prepared for structural changes to the global economic order even if the conflict between the US and Iran is resolved, according to Uday Kotak, founder and former…
The government will have to take a view at some point on how long public sector oil marketing companies (OMCs) can continue to suffer losses by selling major fuels below market price, Petroleum Minister Hardeep Singh Puri said Tuesday, but did not comment on whether a fuel price hike is on the cards. While he…
Warning that the ongoing structural shifts in the global economic order were not going to reverse, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Tuesday that stopping the rupee from falling further is one of the “central macroeconomic imperatives” of the current fiscal. “Managing the current account credibly, financing it, and preventing further currency…
5 min readNew DelhiUpdated: May 12, 2026 08:08 PM IST Retail prices rose 3.48% year-on-year in April, only slightly higher than the 3.4% increase recorded in March, as the government’s efforts to shield consumers from the West Asia energy shock continued to bear fruits. However, certain categories are increasingly seeing prices rising at a faster…
On the day the rupee hit an all-time low of 95.75 per dollar before closing at 95.63, Chief Economic Advisor (CEA) V Anantha Nageswaran, while warning that ongoing structural shifts in the global economic order were not going to reverse, said Tuesday that stopping the rupee from falling further was one of the “central macroeconomic…
4 min readNew DelhiMay 12, 2026 09:35 PM IST To incentivise greater clean energy adoption, the government is set to link the adoption of renewable energy to the long-term, interest-free loans states get from the Centre for capital expenditure. Speaking at the Confederation of Indian Industry’s Annual Business Summit 2026 on Tuesday, Minister of New…
4 min readNew DelhiMay 13, 2026 02:08 AM IST Key stock indices fell nearly 2% on Tuesday, largely driven by a selloff in IT stocks on AI-related fears, with investor sentiment remaining downbeat on account of the ongoing West Asia crisis showing no sign of abating and Prime Minister Narendra Modi’s austerity advisory to citizens….
