In fact, IT has been the worst-performing major sector in the Indian market over the past 12-18 months. In May, 2026, the Nifty IT index touched a near 3-year low, losing more than a fourth of its value since the start of the year.
The big AI shock: Have Indian IT sector stocks lost their lustre? Read More »
Overseas Indians withdrew nearly $2 billion more than they deposited in Indian bank accounts in March, driven by a fall in Non-Resident External Rupee Accounts and Non-Resident Ordinary accounts. This trend, linked to geopolitical uncertainty from the Iran war, saw total NRI deposits decline to $165.65 billion.
Iran war squeezes NRI deposits, overseas Indians pull out nearly $2 billion in March Read More »
Escalating tensions in the Strait of Hormuz have triggered a surge in US fuel prices, pushing inflation to a three-year high and eroding wage gains. While the US economy has shown resilience with steady consumer spending and job growth, persistent inflation threatens household budgets and consumer sentiment, with higher bond yields signaling deeper economic worries.
Petrol, prices and pressure: How the Iran war is hitting American households Read More »
US Secretary of State Marco Rubio affirmed Washington’s commitment to preventing geopolitical disruptions from impacting global energy markets, particularly amid tensions linked to the Iran conflict. He highlighted US energy exports as a tool to strengthen partnerships, especially with India, aiming to diversify its supply and reduce reliance on other sources.
India’s ambitious piped natural gas expansion is significantly hampered by a severe shortage of certified gas plumbers. Despite government targets, only a fraction of the required household connections are being made daily. This bottleneck leaves millions waiting for installations, even with pipelines at their doorstep, impacting the nation’s energy goals.
Skilled worker shortage poses challenge to government’s major PNG expansion drive Read More »
Experts believe that the RBI’s record surplus transfer will offer only partial support to the government’s strained fiscal position amid the continuing crisis in West Asia.
The Indian VCs behind Silicon Valley’s two new religions – SpaceX and OpenAI
Khosla and Desai come to the Musk-Altman party Read More »
India’s economy has faced significant challenges from global oil price surges over the past fifty years. From the 1973 Arab embargo to the recent Hormuz disruption, these shocks have impacted inflation and foreign exchange reserves. Policymakers have continuously adapted strategies to manage these crises, balancing economic stability with consumer needs.
India’s gold demand is projected to drop by 50-60 tonnes in 2026, a 10% decrease, following a significant import duty hike. The World Gold Council notes this could also boost unofficial gold inflows, a trend observed historically with higher duties. Consumer sentiment and economic factors will also play a role.
