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Featured News
The goal of India's industrial policy should be profits, not votes
India's manufacturing subsidies, particularly those benefiting Apple, have significantly boosted exports. The government has handled Apple the right way, giving the company a great deal of freedom. The temptation, though, is to seek not just economic but political dividends from state largesse.
Apr-Sept coal imports up a tad at 129.5 MT
India's coal imports saw a slight year-on-year increase of 1.4%, reaching 129.5 million tonnes in the first half of the fiscal year. However, the value of these imports decreased, resulting in savings of ₹13,629 crore due to cost-effective procurement strategies. The government remains committed to reducing reliance on imported coal by boosting domestic production and improving logistics.