ministry of finance

“The Indian government’s stand on data localisation is a bit of an overkill”

“The Indian government’s stand on data localisation is a bit of an overkill”

A multi-national approach is required for data protection.
Ola’s electric mobility dreams get real

Ola’s electric mobility dreams get real

The ride hailing giant is trying to revolutionize electric vehicles in India by building out a whole ecosystem, not just cars.
India’s economic slowdown may be worse than it appears

India’s economic slowdown may be worse than it appears

Even this 5% growth may be an overestimation.
In a quest to remain fiscally prudent, India’s budget stuck to the minimum

In a quest to remain fiscally prudent, India’s budget stuck to the minimum

The budget sought to smooth the rough edges of some embattled sectors.
Reviving India’s household savings and investments should be the budget’s top concern

Reviving India’s household savings and investments should be the budget’s top concern

Real investment has also fallen sharply and barely seems to be recovering.
China’s yanking away the safety net that’s been cushioning its EV makers

China’s yanking away the safety net that’s been cushioning its EV makers

Beijing is seriously scaling back subsidies that have helped created some of the world's biggest EV makers.
Here’s what Modi’s 2019 budget can—but won’t—do about India’s jobs crisis

Here’s what Modi’s 2019 budget can—but won’t—do about India’s jobs crisis

It seems obvious to everyone that India is in the throes of an unemployment crisis. The lack of jobs is especially debilitating for the country’s…
India’s Rs2,000 notes were always meant to be phased out

India’s Rs2,000 notes were always meant to be phased out

India’s crisp, pink Rs2,000 notes are a grim reminder of the massive demonetisation exercise prime minister Narendra Modi’s government undertook in November 2016. The overnight…
Narendra Modi’s Indian economy is limping towards the next general elections

Narendra Modi’s Indian economy is limping towards the next general elections

If Narendra Modi was looking for a quick economic turnaround before the general elections later this year, he’d be disappointed. Investments into new projects in…
2018 showed why import duties can’t save India’s solar-panel makers

2018 showed why import duties can’t save India’s solar-panel makers

2018 was slated to be a sunshine year for solar energy in India. Power generation capacity touched 22 gigawatts (GW) in financial year 2018, a…
India just pushed its booming solar industry into chaos

India just pushed its booming solar industry into chaos

After months of rapid growth, India’s solar energy sector is staring at a round of policy and legal uncertainty, and tariff hikes. On Monday (July…
Watch: In the world’s largest drone performance, some machines went rogue

Watch: In the world’s largest drone performance, some machines went rogue

A Labor Day celebration display created by over a thousand drones dotting the night sky in the Chinese city of Xi’an should have been a…

Russia Eyes Summer Deadline for New Cryptocurrency Laws

Russia is reportedly hoping to pass long-discussed new cryptocurrency legislation by July 1, a report suggests.
How Tamil Nadu became one of the world’s leading renewable energy markets

How Tamil Nadu became one of the world’s leading renewable energy markets

The southern Indian state of Tamil Nadu is one of the top nine markets globally to have achieved an exceptionally large share of renewable power…

In photos: 70 years of Indian finance ministers presenting the budget

Later today (Feb. 01), India’s finance minister Arun Jaitley will present the union budget to parliament. This will be the Narendra Modi government’s last budget…
After a dull 2017, India’s solar power sector is making a comeback

After a dull 2017, India’s solar power sector is making a comeback

The Indian solar power sector is off to a good start in 2018. After months of a dry pipeline, the industry now has over 4,000…
With the right moves, India’s renewables push could lift thousands of rural workers out of poverty

With the right moves, India’s renewables push could lift thousands of rural workers out of poverty

India’s major renewable energy push could be as much about poverty reduction and job creation as it is about energy security and climate change. The…