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Economy

Petrol refinery

High oil prices and a weak rupee indicate that the RBI may change interest rates soon

The rupee is Asia’s worst performing currency this year, and it will be further affected by higher global crude oil prices. The central bank may need to act early to maintain macro-economic stability.
Construction site

Is India’s successful growth story the reason behind it’s banking crisis?

Statistics point to a peculiar feature of India's high growth phase even as it remains the world's fastest growing economy
Bitcoin

Cryptocurrency may be illegal in India, but dealers are finding ways to do business anyway

Crypto dealers are trying to identify institutions out of RBI’s purview, such as post offices, where money orders can be used to send and receive funds.
ATM booths for IndusInd Bank and State Bank of India in the Chembur

Public sector banks have a lot to do with India’s banking crisis

The disproportionate concentration of bad loans in the government owned banking system has a major role to play in the crisis that India is presently facing. 
Stock markets

India’s $35 billion government pension fund sees stock boost

While India's appetite for risk may be less, with the risk, comes the potential for oversized gains - a gamble that is worth it.
World Hindu Congress

Bollywood stars, business leaders and the Dalai Lama to attend the World Hindu Congress

The second World Hindu Congress, to be held in Chicago, aims to "ignite" the global Hindu community for its political and economic empowerment.
shipping containers

Biggest Indian cargo company wants to build an Uber for shipping

Mumbai based Allcargo, reported a drop in profit in four of the past five quarters and is betting on technology to revive volumes and take on overseas rivals such as DHL Worldwide Express. 
busy road

As fuel prices touch the sky, Modi govt doesn’t have any pretty options in poll year

Diesel, the most-used fuel in India is more expensive than ever before, and petrol prices also are hovering around record levels in several cities. Controls on diesel pricing were lifted four years ago, after freeing petrol rates first.
Representational image of electric cars chargin

Dutch car lessor plans more EVs in India amid push for clean air

The company anticipates a five-fold increase in battery-driven cars, says they could comprise more than 10 per cent of India's total vehicles. Dutch car lessor...
crude oil tanker

Bubbling crude oil prices spell triple-whammy setback for India

Asia’s No. 3 economy faces a wider trade deficit, a worsening of stretched government finances, and slower economic growth if oil prices remain stubborn at the current level.

On Camera

Tablighi Jamaat will have to change its ways in post-Covid world order

Jamaat’s religious puritanism can’t be an excuse for endangering public health, nor can its criminal negligence in keeping infected foreign preachers be condoned.

How is Modi’s BJP different from the one founded by Advani-Vajpayee 40 years ago?

Forty years ago, Atal Bihari Vajpayee and L.K. Advani founded BJP. Today it's led by Narendra Modi-Amit Shah duo, who have won two general elections with full majority.

Defence

Indian Army (representational image) | Photo: PTI

5 Special Forces men, 5 terrorists: How a deadly hand-to-hand fight at the LoC unfolded

Five commandos of the elite 4 Para were killed in action after they eliminated 5 terrorists from Pakistan in close combat in J&K’s Keran sector.

Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less

Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.