New Delhi: Heavy south-west monsoon rainfall has caused rivers across North-East India to swell, threatening to disrupt hydropower generation, coal transportation and the movement of agricultural produce, according to several…
Category: Economy
Modi spotlights shift to public transport, natural fertilizers amid Gulf crisis
New Delhi: Indians are increasingly using public transport and opting for carpooling, while farmers in several parts of the country are turning to amid shortages caused by the West Asia…
Govt eases Quality Control Order rules: Which industry segments are likely to get relief?
The government said on Thursday that it has introduced an alternative risk-based compliance mechanism to facilitate a smooth transition for industries while maintaining quality assurance, a move aimed at easing…
AI job apocalypse ‘unlikely,’ could create new opportunities over time: Goldman Sachs report
As continue to invest heavily in (AI) amid concerns over widespread job losses, a new Goldman Sachs report argues that fears of an imminent “AI job apocalypse” are exaggerated. The…
Mint Explainer | Will water shortages derail India’s AI Data Centre boom?
India is racing to become a global AI data centre hub, offering tax breaks and attracting billions in foreign investment. These facilities consume vast amounts of water for cooling, raising…
Iranian oil may return, but Indian refiners eye concessions
New Delhi: As a temporary US sanctions waiver revives the prospect of large-scale Iranian crude imports into India once again, Indian refiners expect Tehran to offer sweeter terms—deferred payments, longer…
The week in charts: Weak core output, Russian crude imports, AI edge
From India’s core infrastructure growth losing momentum, to the country’s rising dependence on Russian crude imports, the agriculture ministry’s contingency plans for a weaker monsoon and kharif sowing, a potential…
For better outcomes, Centre nudges states on focused capex for ₹2 tn loan scheme
New Delhi: Seeking better outcomes from its effort to boost growth through public spending, the Centre’s Department of Expenditure has asked states and Union Territories (UTs) to limit their proposals…
Global giants backing India’s shipbuilding boom, says shipping secretary
The Centre’s ambitious plan to position India among the world’s leading shipbuilding nations is starting to deliver results, with domestic shipyards securing export orders from global shipping companies and international…
Why India’s consumers may stay cautious despite easing oil prices
Consumer sentiment, which weakened for the third consecutive month in May, is unlikely to recover quickly despite easing geopolitical tensions. Economists say higher fuel costs, sticky food inflation and a…