Electricity consumers across Himachal Pradesh are experiencing a major financial shock as their monthly power bills see an unexpected and steep spike. Driven by the newly imposed Fuel and Power Purchase Adjustment (FPPCA) surcharge, households are now being charged an additional ₹50 to ₹200. The hike stems from the state's electricity board's urgent need to purchase expensive power from...
The post-election buzz has faded, making way for immediate fuel price hikes. While external conflicts are blamed, India's pre-existing economic fractures tell a deeper story.
Ahead of the crisis, April’s Wholesale Price Inflation (WPI) peaked at 8.3%, and the nation's Strategic Petroleum Reserves hold only 9.5 days of usage.
Despite a massive ₹11.11 lakh crore infrastructure push,...
New Delhi - As per a recent Reuters poll, the Reserve Bank of India (RBI) is expected to maintain its repo rate at 5.50% during the upcoming August 2025 policy review.
However, experts say that the RBI may consider cutting rates later this year if inflation remains under control and the economic situation demands more support.
In simple terms, this means:
The RBI...
Geopolitical tensions in the Middle East have pushed Brent crude past $105 a barrel, sending shockwaves through energy-dependent economies.
In India, state-run fuel retailers hiked petrol and diesel prices by 90 paise on Tuesday, marking the second major increase within a week.
Reacting to the sustained energy crisis, rating agency ICRA downgraded India’s FY27 GDP growth forecast...
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