Michael Kremer says AI could help farmers, governments and public services in poorer countries, with India’s AI-powered monsoon forecasts offering an early example. Michael Kremer used his first public appearance as the World Bank Group’s chief economist to argue that…
Chief Minister Mohan Charan Majhi has launched 46 projects spanning manufacturing, energy, technology and services, with the rollout expected to create around 42,500 direct jobs. Odisha Chief Minister Mohan Charan Majhi has launched 46 industrial projects worth about ₹39,383 crore…
The IMF has upgraded India’s 2026-27 growth forecast to 7 per cent, saying strong domestic demand and fiscal room leave the country better placed than many peers to withstand energy and geopolitical shocks. The International Monetary Fund has singled out…
New Delhi is expected to finalise a critical minerals stockpiling policy within a month as it seeks to protect strategic industries from import disruptions and volatile global markets. India is expected to finalise a policy for stockpiling critical minerals within…
India’s electricity demand is rising faster than expected, prompting the Central Electricity Authority to raise its potential coal capacity requirement by 2035 despite rapid growth in solar and wind. India may need far more coal-fired generation than it had originally…
International arrivals have surpassed pre-pandemic levels, but India must simplify visas, improve connectivity and make travel within the country easier to meet its ambition of 100 million foreign visitors. India’s tourism industry has regained much of its momentum after the…
ICICI Life Insurance reported a 25% rise in second-quarter profit to ₹374 crore as premium income, protection and annuity sales strengthened its new-business profitability. ICICI Life Insurance reported a sharp rise in quarterly earnings as higher premium income and a…
India’s merchandise exports reached $44.4 billion in September, outpacing imports and narrowing the monthly trade deficit to $30.21 billion. India’s merchandise exports rose sharply in September 2026, climbing 23.04% from a year earlier to $44.4 billion, as the country’s trade…
India’s wholesale price inflation accelerated to 11.39% in September, driven by sharp increases in energy, metals, food and manufactured goods, raising concern that higher producer costs could feed through to households. India’s wholesale price inflation accelerated sharply in September, reinforcing…
Foreign investors have cut Indian equity exposure to record underweight levels, but resilient domestic demand and sustained buying by local institutions could support a return, Trust Mutual Fund CIO Mihir Vora says. Foreign institutional investors may be poised to return…
Karnataka’s shift to alcohol-content-based duty has lifted beer sales and excise receipts, but spirits makers question whether the early gains show a fairer or more effective market. Karnataka’s new alcohol-by-beverage tax regime has become a flashpoint in India’s drinks industry,…
Ottawa and New Delhi are stepping up negotiations on a Comprehensive Economic Partnership Agreement, targeting a deal that could help more than double bilateral trade by 2030. Canada and India are moving to accelerate talks on a long-discussed trade pact,…
