India approves expedited export of electricity to flood-hit Nepal
India’s Ministry of Power have given their go-ahead for exporting power to Nepal to help recover from devastating floods which, among other things, destroyed their hydropower...
Economy
India, Canada begin next round of talks on proposed trade pact: Official
India and Canada on Monday (September 14, 2026) started fourth round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) here, as the two sides...
WPI inflation rises to 9.92% in August on rising prices of food, fuel, manufactured items
Wholesale price-based inflation rose to 9.92% in August, compared to 9.78% in July, on rising prices of food, manufactured items, and fuel and power, government data...
Why do GDP figures face a controversy in India?
The story so far: In a fiercely contested polity, the state of the economy is a hotly debated topic. In the past decade or so, India’s...
BRICS treads carefully on de-dollarisation: Finance track talks payments, not a common currency
For a bloc that has spent years fuelling speculation about challenging the dollar’s dominance, the formal position enunciated in a joint statement after the meeting of...
DFCs: The backbone of India’s logistics push
India’s multi-billion-dollar PM GatiShakti project, akin to national multimodal freight grids in the U.S., Europe or China, got a shot in the arm with the Western...
Double deflation debate over GDP methodology no ‘great battle’: Niti Ayog Vice Chairman
There is no winner in the ongoing “battle” of views on the use of double deflation in India’s new GDP series, Ashok Kumar Lahiri, Vice Chairman...
FCNR(B) deposits: Who bears the currency risk? | Explained
The story so far: The Reserve Bank of India (RBI) introduced a special swap facility in June to encourage non-resident Indians to put money into FCNR(B)...
NMDC raises lump ore price by ₹150/tonne, holds price of fines
State-owned iron ore producer NMDC has raised the price of lump ore by ₹150 per tonne effective September 9. The new price is ₹5,400 per tonne....
What prompted India’s return to the ‘A’ rating after 35 years?
The story so far: The Japan Credit Rating Agency (JCRA) earlier this month upgraded India’s sovereign credit rating to ‘A-’ from the previous ‘BBB+’. This is...