India’s crude oil import bill dropped 18.6% to US$ 30.6 billion in Q1 FY26, driven by increased imports of discounted Russian oil, despite stable volumes. Russia’s share surged from 2–3% in 2020 to nearly 38% in 2023–24, reshaping India’s crude mix away from the Middle East. However, potential US secondary...
India, the world’s third-largest power producer and a net electricity exporter, paradoxically faces frequent domestic power shortages. While generation capacity has grown, structural issues—rapid demand growth, aging infrastructure, high transmission losses, and financially stressed DISCOMs—undermine supply reliability. Renewable energy’s variable output, combined with limited storage capacity, exacerbates shortfalls during peak...
India’s economy is set for a stable trajectory in fiscal year 2026 (FY26), with retail inflation projected to ease to an average of 4%, down from 4.6% in FY25, as per Crisil’s latest report. Driven by softer food prices, robust agricultural output, and stable global commodity markets, this outlook signals...
We’ve all made that choice — usually reaching for the paper bag, feeling like we did something good for the planet. It’s biodegradable, natural, guilt-free… right? But what if that choice is more about keeping your conscience clear than actually helping the environment? What if the carbon footprint, water use,...
A recent runway showcase of Kolhapuri chappals by Prada in its Spring/Summer 2026 collection, has sparked controversy over cultural appropriation, igniting debate on the global exploitation of Indian crafts. While global exposure can boost interest in traditional designs, artisans often see little benefit due to lack of recognition, access, or...
As global instability deepens, the ultra-wealthy are making a quiet but decisive move—moving their gold to Singapore and offshore. With financial systems under stress and geopolitical risks mounting, many are turning to Singapore, a city-state increasingly seen as a safe haven for physical assets. From cutting-edge vaults to tax-free bullion...
The World Bank has urged developing nations to ease foreign direct investment (FDI) restrictions and strengthen global cooperation, as FDI inflows fell to their lowest level since 2005 amid rising barriers and economic uncertainty. While India remained among the top recipients with US$ 28.1 billion in 2023, the report highlights...
With nearly 1 in 5 Indians set to be over 60 by 2050, the conversation around ageing is shifting from dependency to opportunity. In a recent webinar hosted by the Trade Promotion Council of India, experts from across real estate, marketing, research, and senior-focused tech came together to explore how...
India has surpassed Japan to become the world’s fourth-largest economy, with its GDP reaching US$ 4 trillion, according to IMF data cited by NITI Aayog CEO BVR Subrahmanyam. He projected that India could rise to third place within three years. At the 10th Governing Council Meeting of NITI Aayog held...
Indian consumers are increasingly shifting to private labels, with 52% preferring them and 70% recognizing improved quality, according to the EY Future Consumer Index. Trust in private labels is rising, supported by retailers’ expanded offerings and technology-enabled choices. Brand loyalty is declining as 59% buy branded products mainly on sale,...
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