Economy of India

Crashing prices, low demand to hit India’s solar power ambitions

Crashing prices, low demand to hit India’s solar power ambitions

November 24, 2020

At the latest round of auctions of solar power projects held by the Solar Energy Corporation of India, record lows were touched as bidders tried to grab the projects of 1070 mw that were up for the taking. Two international bidders, one each from Saudi Arabia and Singapore, quote...

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Is revival of Indian economy sustainable?

Is revival of Indian economy sustainable?

November 6, 2020

In October, India’s services sector grew for the first time since February reflecting the reopening of hotels, restaurants and shopping malls around the country. Accordingly, the Purchasing Managers’ Index (PMI) for services rose sharply to 54.1 pc for October as against 49.8...

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