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The story so far In the face of continued criticism on social media, the government has once again come out with a detailed document addressing various concerns related to its ethanol blending programme, including the impact this would have on mileage, the advantages ethanol poses in terms of the environment and also in times of…
Read More “What is the government’s defence on E20 fuel? | Explained” »
Indian officials are less concerned by the quantum of the trade deficit with China than by the nature of the basket of goods. File. | Photo Credit: Reuters India’s imports from China rose 21.8% in the first half of 2026 to a record $79.41 billion, according to data released on Tuesday (July 14, 2026) by…
Read More “India’s imports from China soar to $80 billion in first half of 2026, exports up 37%” »
The Bombay Stock Exchange (BSE) building in Mumbai, India. File | Photo Credit: Reuters Market benchmark indices Sensex and Nifty declined in early trade on Tuesday (July 14, 2026), dragged by a sharp rally in crude oil prices due to the renewed flare-up in West Asia. Fresh foreign fund outflows and a weak trend in…
Brent crude futures were last up $1.50, or 1.8%, to $84.80 per barrel at 0330 GMT, while U.S. West Texas Intermediate crude rose $1.70, or 2.2%, to $79.84 a barrel. File. | Photo Credit: Reuters Oil prices rose nearly 3% on Tuesday (July 14, 2026) to their highest in four weeks, as the U.S. reimposed…
Read More “Oil hits one-month high as U.S., Iran step up attacks in Strait of Hormuz” »
The rupee depreciated 48 paise to 96.16 against the U.S. dollar in early trade on July 14, 2026. File | Photo Credit: Getty Images/istockphoto The rupee depreciated 48 paise to 96.16 against the U.S. dollar in early trade on Tuesday (July 14, 2026), as heightened geopolitical uncertainty put pressure on most Asian currencies, including the…
Read More “Rupee falls 48 paise to 96.16 against U.S. dollar in early trade” »
The story so far: Carbon emissions from Google, Amazon, and Microsoft have jumped drastically between 2024 and 2025 as Big Tech firms jostle to stay ahead in the AI race. These companies are expanding their data centre capacities and the world is paying a steep environmental cost. How are carbon emissions reported? Per the Greenhouse…
Read More “Big Tech’s AI race comes at a steep environmental cost | Explained” »
Tensions in West Asia continue to keep global energy markets on edge. India imports nearly 85% of its crude oil needs, much of it from West Asia, and supplies faced disruptions due to the Israel-U.S.-Iran war. While the government has diversified its crude oil suppliers, around 90% of India’s LPG imports still transit through the…
The Indian government’s decision to import more oil from Russia is part of a longer strategy it deployed following the start of the West Asia crisis and was part of a broader strategy to diversify sources of oil, the Ministry of Petroleum and Natural gas has said in response to an editorial by The Hindu…
Image for representational purposes only. | Photo Credit: Reuters India’s trade deficit grew by 430% to $15.3 billion in June 2026 primarily due to high growth in merchandise imports, which were skewed by a spurt in the value of imports of crude oil, electronic and electrical goods, and gold, official data released on Monday (July…
Read More “Trade deficit jumps 430% in June 2026 due to surging oil, gold and electronics imports” »
Commerce Secretary Rajesh Agrawal. File | Photo Credit: PTI The framework deal, or the interim agreement on trade, between India and the U.S. is “ready” and will be signed at the “right time”, Commerce Secretary Rajesh Agrawal said on Monday (July 13, 2026), however adding that the key aspect of providing India a comparative advantage…