-
NTPC eyes green hydrogen exports, targets Asian and European markets
Lower carbon compounds could eventually evolve into a commercially viable business, potentially expanding NTPC’s renewable energy portfolio | Photo Credit: The Hindu State-owned power producer NTPC is developing a green hydrogen hub in Visakhapatnam, Andhra Pradesh, and is in talks with potential offtakers in South Korea, Germany and Japan, its Chairman and Managing Director Gurdeep…
-
OPEC cuts India’s 2026 oil demand growth forecast to 40,000 barrels per day
OPEC trims oil demand growth forecast for 2026 | Photo Credit: Reuters The Organisation of the Petroleum Exporting Countries (OPEC) has lowered its forecast for India’s oil demand growth in 2026 to 40,000 barrels per day (b/d), from 60,000 b/d projected in its September report. On a year-on-year (YoY) basis, India’s oil demand is expected…
-
6.14% growth registered in freight loading in September 2026 over September 2025: Indian Railways
Representative image. | Photo Credit: V.V. Krishnan The Indian Railways loaded 135.35 million tonnes of freight in September 2026, compared to 127.52 million tonnes in September 2025, registering a 6.14% growth over the corresponding month last year, the Railway Board said on Tuesday (October 13, 2026). “Several major commodity segments recorded strong growth during the…
-
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday (October 13, 2026) said the RBI will continue its efforts to prevent excessive volatility in the rupee, which has depreciated “very significantly” over the past year and a half. She said the rupee has reached a low against the U.S. dollar mainly due to global uncertainties, even though…
-
No choice: IMF says developing countries must cut spending despite war shock
The International Monetary Fund warned on Tuesday (October 13, 2026) that while low-income developing countries were dealing with the disproportionate impacts of the Iran war-fuelled energy shock, many had “no choice” but to cut spending or potentially face debt restructuring. Speaking to AFP on the sidelines of the organisation’s Annual Meetings in Bangkok, IMF deputy…
-
India grows ‘with the world, not at anyone’s cost’, cites strong economic fundamentals, says PM Modi
Prime Minister Narendra Modi on Tuesday (October 13, 2026) said India’s economic growth was anchored in strong fundamentals and a sustained reform drive, declaring that the country sought to expand its global economic influence through shared prosperity rather than at the expense of other nations. “We do not grow at anyone’s cost. We grow with…