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Revolving credit, one of India’s finest tools for financial inclusion, has made deep inroads in creating sustainable rural wealth. Still, rising risks of debt recycling have made the Reserve Bank of India (RBI) sceptical. For rural India, where income is mainly seasonal and contributes 46% to 50% of gross domestic product, revolving credit became an…
Read More “RBI’s restrictions on revolving credit | Explained” »
The expiry of the temporary 60-day U.S.-Iran ceasefire without any meaningful diplomatic breakthrough has renewed concerns over a prolonged disruption to energy supplies, driving crude oil prices higher, an expert said. | Photo Credit: ANI Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday (August 19, 2026) as elevated crude oil prices…
Read More “Markets fall in early trade amid rising crude oil prices” »
The rupee depreciated 13 paise to close at 95.74 against the U.S. dollar on Tuesday (August 18). File | Photo Credit: Reuters The rupee rose marginally by 1 paisa to 95.73 on Wednesday (August 19, 2026) assisted by RBI intervention, as heightened tensions in West Asia kept global markets on the edge. A rise in…
Read More “Rupee rises 1 paisa to 95.73 against U.S. dollar in early trade” »
Zomato’s Plastic-Free Future Programme has recognised more than 10,000 restaurants across over 500 cities for using alternatives to plastic packaging for their main menu items. Representational file image. | Photo Credit: Special Arrangement Use of sustainable and biodegradable packaging materials may make food orders costlier by 10% to 30% for consumers, said Anjali Ravi Kumar,…
Read More “Sustainable packaging may make food deliveries costlier by 10-30%: Zomato” »
Corporate investment, as a share of GDP, has been declining in India for some time now (Chart 1). This trend raises an important question: what explains this prolonged decline? A few things stand out in Chart 1. Corporate investment in India took off in 2004, when it jumped almost four percentage points, from 6.5% to 10.3%. After…
Image used for representational purposes. File | Photo Credit: Reuters India Ratings & Research on Tuesday (August 18, 2026) projected India’s GDP growth to slow down to 6.8% in the current fiscal year, as against 7.6% in the previous year, citing risks from fuel and food inflation stemming from West Asia conflict’s uncertainty, weak currency,…
Read More “India’s economic growth to slow to 6.8% FY27 amid West Asia crisis, El Nino impact” »
Down arrow showing stock market crash. 3d illustration | Photo Credit: iStockphoto/Getty Images Bombay Stock Exchange (BSE) Ltd. stock fell for five straight sessions, closing at ₹3308 a piece, down 0.7%, after brokerages downgraded the stock, flagging revenues due to the STT hike, RBI bank guarantee (BG) norms and the Closing Auction Session (CAS). The…
Read More “BSE Ltd. down to 4-month low after reports downgrade on CAS concerns” »
A piped natural gas (PNG) regulator. File | Photo Credit: Siddhant Thakur Seeking to further fuel its push for adoption of piped natural gas (PNG), the government on Tuesday (August 18, 2026) evening announced eligible city-gas distributors (CGDs) would be allocated an additional 200 standard cubic metres (SCM) of the lower-priced Administered Price Mechanism (APM)…
Read More “Government to allocate additional 200 SCM gas in latest push for domestic PNG” »
The Skoda logo on the wheel cap of an Octavia RS during the launch of the Skoda Slavia facelift in Mumbai, India, August 18, 2026. | Photo Credit: Reuters Škoda Auto India on Tuesday (August 18, 2026) unveiled the new Slavia, its sedan, even as the Indian market has shifted toward SUVs Today, over 60%…
India imports for nearly 89% of domestic crude oil needs | Photo Credit: The Hindu i India’s crude oil import bill surged more than 41% year-on-year to $13.7 billion in July, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC), as elevated global oil prices amid persistent uncertainty in West Asia…
Read More “India’s crude import bill surges 41% in July amid West Asia crisis; volumes up 13%” »