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Ripples from the future: On the Nobel Prize for Economics 2026
This year’s Nobel Prize in Economics has been awarded for work that is particularly crucial in the current global context. Implications from the work also have lessons for Indian policymakers, some of which have already been learnt, while others remain a work in progress. The crux of the research done by the laureates Robert E.…
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India’s crude imports rise 7% in September, bill surges 47%
Image for representational purposes only. Photo: BISWARANJAN ROUT | Photo Credit: BISWARANJAN ROUT India’s crude oil import bill surged 47% year-on-year (YoY) to $15.4 billion in September, amid resurging conflict in West Asia, according to provisional government data. Data from the Petroleum Planning and Analysis Cell (PPAC) showed that crude oil imports rose 7% YoY…
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What changes under India’s proposed BS-VII vehicle emission rules | Explained
India’s next vehicle emission standards would look beyond the smoke coming out of a vehicle’s exhaust. The proposed Bharat Stage VII (BS-VII) rules would also address pollution from brakes and tyres, check how well electric-vehicle batteries hold up over time, and require manufacturers to test vehicles under more realistic driving conditions. The Ministry of Road…
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India sourced more than two-thirds of its August oil imports from just three countries
India’s oil imports from both the U.S. and the UAE surged in August, with the American oil coming at a substantial premium compared to the average price India paid for oil imports. File | Photo Credit: Getty Images/iStockphoto In a sign of increasing concentration of India’s oil supplies and its limited options to source from, latest…
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Non-tariff barriers are biggest hurdle in India-China trade, says Nirmala Sitharaman
File photo of Union Finance Minister NIrmala Sitharaman. | Photo Credit: The Hindu Union Finance Minister Nirmala Sitharaman on Friday (October 16, 2026) expressed hope that the India-U.S. trade agreement would be concluded at the earliest, in the interest of global trade and bilateral economic ties between the two countries. “I think recently the Indian…
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Unemployment rate in country stands at 5% in September, stable compared to August: NSO
The overall Labour Force Participation Rate (LFPR), for persons aged 15 years and above, remained at 55.5% in September, compared to 55.6% in August. | Photo Credit: Getty Images/iStockphoto The Unemployment Rate (UR) in the country stood at 5% in September, stable compared to August, according to the Periodic Labour Force Survey (PLFS) conducted by…