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EXPLAINED ECONOMICS NEWS

inflation, food inflation

Why food inflation may creep higher in the months ahead

June 15, 2026 12:40 IST

Food prices haven’t soared as much as energy, metals and fertilisers from the West Asia conflict, unlike Russia-Ukraine in 2022. But the situation could change with a “super” El Niño.

A view of the 135-km long Eastern Peripheral Expressway, constructed by the National Highways of India (NHAI). (Express Photo by Amit Mehra)

How war in West Asia is taking a toll on India’s road construction push

June 14, 2026 19:45 IST

Much has been said about oil and gas supplies being affected following disruptions around the Strait of Hormuz, but another key component caught in the crossfire is bitumen — crucial for India to build roads, with a significant import dependency.

memory chip inflation

How a tiny electronic component is slowly driving up inflation in India

June 14, 2026 18:18 IST

Some analysts expect the global memory chip demand to “overwhelm supply for at least 3-5 years”, while a chip manufacturer is worried its Indian customers don’t understand the gravity of the situation. Here’s what to know.

E20

Explained: The worries in India’s push beyond E20 fuel — and lessons it can take from BrazilSubscriber Only

June 16, 2026 12:20 IST

India is looking to transition from E20 fuel to higher blends as it looks to reduce its dependence on oil imports. But the plan has raised concerns over vehicle wear-and-tear, fuel efficiency and costs. Can it follow Brazil's example?

Cockroach janta party supporters at a protest against against the NEET Paper leak demanding the resignation of Union Education Minister Dharmendra Pradhan (Express Photo)

Graphs, Data and Perspectives: Amid youth protests, an anatomy of India’s employment over 10 yearsSubscriber Only

June 13, 2026 07:36 IST

The data on Employment Rate shows that while things may be improving from the lows of 2020 and 2021, broadly speaking, across different cohorts, a lower percentage of people hold a job in India now than a decade ago.

Oil

Assam, Nagaland agree to oil and gas exploration along contested border. Could this boost India’s energy security?

June 14, 2026 06:25 IST

The tripartite agreement to restart oil and gas exploration along the disputed Assam-Nagaland border after three decades could potentially expand India’s domestic energy production.

fertlisers

Why government is looking to issue faster approvals for new fertilisers

June 14, 2026 01:16 IST

The West Asia conflict, along with the government’s proposed easing of approval procedures, can give a leg up to next-generation fertilisers with higher nutrient use efficiency than urea or DAP.

FCNR(B) deposits

Over 20% returns: How NRIs could make a killing after banks hike FCNR(B) deposit rates

June 14, 2026 10:51 IST

NRIs can 'leverage' their own money to borrow at cheaper interest rates abroad and put this money into Indian banks’ high-return FCNR(B) deposits. This will allow NRIs to earn equity-like returns — from bank deposits.

AI 171

One year of AI 171 crash that killed 260 people: What probe report could focus on

June 12, 2026 11:54 IST

The two primary theories about the likely causes of the AI 171 crash include pilot action and an electrical or systems failure.

Dubai

Record remittances cushioned India’s finances in FY26, but this is no long-term fixSubscriber Only

June 11, 2026 09:43 IST

Indian workers abroad sent home a record $110.47 billion in 2025-26, helping prop up the rupee amid weak capital inflows. But in the long run, FDI and FPI must improve, and the trade deficit will have to be managed.

FCNR

FCNR(B) deposits: Why higher interest rates may be needed to bring in NRI dollars

June 10, 2026 16:01 IST

With US dollar deposit rates in major markets still offering returns of over 4%, Indian banks may need to raise FCNR(B) deposit rates by at least 100 basis points to remain competitive and persuade NRIs to shift funds to India.

IPO

AI giants, SpaceX gear up for IPOs: Are these companies overvalued, and can Indians invest in themSubscriber Only

June 11, 2026 13:03 IST

With investors pouring unprecedented sums into AI and frontier technology companies, some analysts have cautioned that expectations embedded in current valuations may prove difficult to justify. Here’s what to know.

Airtel vodafone idea: The ruling could also improve investor sentiment towards the telecom sector more broadly

Big win for Airtel, Vodafone Idea: The case of retrospective spectrum charge, which Bombay HC quashed

June 9, 2026 15:22 IST

The judgment is expected to materially improve the financial position of both Airtel and Vodafone Idea by eliminating a sizable contingent liability that had remained unresolved for more than a decade.

RBI

Why RBI is returning to a ‘terrible’ idea to boost foreign inflowsSubscriber Only

June 15, 2026 06:51 IST

Last deployed in 2013, the Foreign Currency Non-Resident (Bank) deposit swap scheme was widely seen as being too expensive for RBI to announce this time around. But the logic is the same: the costs seem to be worth the benefits.

Solar

Power subsidies are slowing household solar adoption. A solution: More subsidiesSubscriber Only

June 9, 2026 09:55 IST

Incentivising households and farmers to generate electricity locally is a crucial step for India's clean energy transition. But high upfront costs and cheap grid power have slowed the adoption of decentralised solar.

Hormuz

How energy tankers are using a shadow fleet ploy to slip out of Hormuz

June 7, 2026 17:46 IST

For years now, risky dark shipping tactics have been largely limited the to 'shadow fleets' that transport Iranian and Russian oil. But the West Asia war and the effective closure of the Strait of Hormuz have changed that.

Google's data centre in The Dalles, Oregon (Wikimedia Commons)

How Andhra plans to power AI ambitions: Let data centres buy and distribute their own electricitySubscriber Only

June 8, 2026 06:45 IST

The state is allowing large data centres to operate as 'deemed' power distributors, enabling them to procure electricity directly and cut costs while easing the burden on local utilities

Kerala finances

The Kerala development model was once looked up to. What went wrong?Subscriber Only

June 6, 2026 07:21 IST

Kerala is stuck in a borrowing cycle to pay for salaries and pensions, leaving little money for development and capital expenditure. The state's new UDF government has acknowledged the issue, but can it turn things around? 

RBI

Why has RBI kept interest rates unchanged despite mounting inflation risks?

June 5, 2026 16:00 IST

The central bank has kept borrowing costs unchanged but warned that higher oil prices, supply disruptions and global uncertainty could slow growth and push inflation above its target.

Rajesh Exports

Who is Rajesh Mehta, the gold empire builder now under SEBI lens

June 7, 2026 10:54 IST

Mehta's rise has often been portrayed as the classic Indian success story. But his gold exports and processing company, Rajesh Exports, is now at the centre of one of the most serious regulatory actions faced by a major Indian listed company.

Fuel prices

Government is freezing jet fuel prices for airlines. How will this scheme work and can it curb airfares?

June 4, 2026 21:30 IST

The government expects this arrangement to ease the pain for oil companies and Indian airlines amid the West Asia energy shock. It also expects the move to rein in runaway airfares.

RBI, rupee

RBI rate hike or massive deposit mobilisation drive: what does ‘undervalued’ rupee need?Subscriber Only

June 4, 2026 11:40 IST

The rupee’s ongoing weakness has been diagnosed as a capital flows issue. But it is primarily low global interest rates, and not any intrinsic country-specific quality, that have led to India attracting foreign capital for the last 15 years.

tariffs

Carrot-and-stick game: What fresh US tariffs mean for India in trade deal talks

June 4, 2026 09:40 IST

The US has launched two Section 301 investigations against India: one for not restricting imports of products produced through forced labour, and the second on excess capacity. Here’s what to know about how it will play out in the negotiations.

RBI

Why Indians are moving money from savings accounts to FDs, according to RBI reportSubscriber Only

June 3, 2026 10:40 IST

Fixed deposits are gaining favour among Indian savers as RBI data shows a steady shift away from low-yield savings accounts toward higher-return term deposits. Here is what to know

Ties with Oman would also be important for India as its trade with the neighbouring UAE has taken a steep hit due to the West Asia crisis.

India-Oman trade deal effective: How this could help cushion impact of West Asia conflictSubscriber Only

June 7, 2026 06:06 IST

Despite the small volume of India-Oman trade before the conflict, new opportunities are emerging today and association with Oman holds several advantages for India.

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