Rupee at New Record Low — The Indian currency plunged to a fresh lifetime low of 89.79 against the US dollar on December 1, despite India’s exceptionally strong GDP growth print. Persistent foreign fund outflows, heavy dollar demand from importers, rising crude oil prices, and the prolonged delay in the India–US trade deal created a…
India’s Renewable Energy Mission: India is forging a transformative path in its energy landscape with a commitment to 500 GW of non-fossil-fuel electricity capacity by 2030. This ambitious mission emphasizes solar and wind as core drivers, supported by robust investments, policy frameworks, and global partnerships—while grappling with challenges like financing gaps, grid upgrades, and implementation…
India SME AI Transformation has accelerated rapidly between 2024 and 2026, as small and medium-sized enterprises moved beyond basic AI experiments to fully integrating scalable, AI-enabled platforms across their operations. This shift allowed SMEs to overcome long-standing challenges such as limited access to formal credit and low productivity. By using AI-driven tools for risk assessment,…
LPG Import Deal: Union Petroleum and Natural Gas Minister Hardeep Singh Puri announced that public sector oil companies have concluded a one-year term contract to import around 2.2 million tonnes per annum (MTPA) of LPG from the US Gulf Coast for the contract year 2026—equivalent to about 10% of India’s annual LPG imports. The government…
India’s battery capacity: At recent storage and renewables shows, industry experts pegged India’s installed battery manufacturing capacity at ~60 GWh today, with a pathway to ~100 GWh in 2026 as new lines from cell gigafactories and pack integrators come online. Treat that as directional (not guaranteed), but the implications for the power system and transport…
Critical Mineral Royalty Rates Revised: In a push to accelerate India’s critical minerals strategy, the Union Cabinet has rationalised royalty rates for graphite, caesium, rubidium and zirconium, aligning them to Average Sale Price (ASP) so bidders can price risk more transparently and states can move ahead with auctions. The official release spells out mineral-wise rates…
Cabinet Approves New Export: The Union Cabinet has approved a two-part package to fortify India’s export engine: a ₹25,060-crore Export Promotion Mission (EPM) for FY26–FY31 and a ₹20,000-crore Credit Guarantee Scheme for Exporters (CGSE) that promises 100% guarantee coverage via NCGTC for additional collateral-free credit. The move—announced on November 12, 2025—targets MSMEs, first-time exporters and…
RBI MPC December 2025: India’s Monetary Policy Committee (MPC) goes into its final meeting of 2025 with inflation dramatically softer and growth guidance surprisingly firm. In October, the RBI kept the repo rate at 5.50% with a neutral stance but cut FY26 inflation to 2.6% and raised growth to 6.8%. Since then, a Reuters poll…
India’s forex reserves fall by $5.6 billion, taking the total to $689.73 billion as of October 31, 2025, according to the latest data released by the Reserve Bank of India (RBI). This significant decline comes amid growing global financial volatility, foreign portfolio outflows, and rising import costs, particularly from high crude oil prices. What Are…
भारत-अमेरिका व्यापार समझौता: भारत और अमेरिका के बीच संभावित द्विपक्षीय व्यापार समझौते (India–US Trade Deal) को लेकर 2025 में नई गति देखी गई है। वर्षों से रुकी बातचीत को अब नई ऊर्जा मिलती दिखाई दे रही है, जहाँ दोनों देशों के उच्च-स्तरीय अधिकारियों ने कानूनी और नीतिगत बाधाओं को दूर करने के लिए गंभीर प्रयास…