Economy and Business

UAE, Saudi Arabia can help India meet any oil deficit, says UAE envoy

Even as the US-imposed sanctions on Iran has put India’s energy security in jeopardy, United Arab Emirates Ambassador to India Ahmed Albanna has allayed fears of an oil shortage, saying his country as well as Saudi Arabia can fill in if supply from Iran is disrupted.

More on Economy and Business

Restructuring India's financial service sector

Desi options, rooted in the economic realities of the day, are needed. HDFC and ICICI offer some interesting lessons.

Oil bonanza will end soon. What then?

To stay the course of fiscal discipline, Modi will have to stop routing subsidy via low prices and start making direct transfers to beneficiaries that need them the most. 

GST rate: The global picture

For India, the closer the rate gets to 17%, the greater is the possibility of losing competitiveness in global markets

Whatever we did we do with reforms?

The twenty-fifth anniversary this year of the launch of India’s economic reforms process has led to a celebration of sorts. Former Union Minister Jairam Ramesh has written an entertaining insider-account of it. Many in the Congress party who wouldn’t want to give P.V. Narasimha Rao credit for engineering the reforms have pushed the date back by a few years before his time as Prime Minister, seeking to ensure that Rajiv Gandhi would get all the applause.

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In northeast India, water-management practices to deal with climate change

In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,

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UAE, Saudi Arabia can help India meet any oil deficit, says UAE envoy

Even as the US-imposed sanctions on Iran has put India’s energy security in jeopardy, United Arab Emirates Ambassador to India Ahmed Albanna has allayed fears of an oil shortage, saying hi...

Read more...