Skip to main content

Posts

Featured post

"India's Efforts to Secure Affordable Russian Oil Amid Tightening Sanctions"

"India's Efforts to Secure Affordable Russian Oil Amid Tightening Sanctions" India’s state-owned refiners are expediting payments for Russian crude oil to complete transactions before expanded US sanctions take effect. These refiners now settle payments within two days instead of the usual five, aiming to secure discounted Russian oil while navigating an increasingly restricted global trade environment. The urgency stems from Washington's announcement of stricter sanctions targeting Russia’s oil industry, which are set to take effect next month. Refiners are keen to ensure transactions are completed during the “wind-down” period allowed for pre-sanctioned cargoes. At least 4.4 million barrels of Russian oil are en route to Indian ports like Jamnagar, Chennai, Paradip, and Visakhapatnam. Among these shipments is the tanker Mercury , carrying over 1 million barrels of Russian Urals crude, expected to arrive in Paradip soon. This vessel loaded its cargo in mid-December ...
Recent posts

The Absence of Civics Sense in South Asia

Why Their Is Absence of Civics Sense in South Asia Civics sense, often synonymous with public responsibility and social etiquette, is a cornerstone of a functioning society. It encompasses respect for public spaces, adherence to laws, and consideration for the community. While countries in East Asia, such as Japan, South Korea, and Singapore, have set exemplary standards of civic consciousness, nations in South Asia, including India, Pakistan, Sri Lanka, and Bangladesh, continue to grapple with a severe lack of civics sense. This disparity raises a critical question: why is the state of civic responsibility so dire in these countries despite their shared aspirations for progress? The reasons for this deficiency are multifaceted and deeply rooted in the socio-economic, political, and cultural fabric of these nations. A glaring factor is the weak enforcement of laws. In India, for instance, over 63% of urban citizens report that they have seen laws regarding littering and waste managem...

Mahakumbh Mela to Generate Approximately $24 Billion in 2025

Mahakumbh Mela to Generate Approximately $24 Billion in 2025 The Mahakumbh Mela is an unparalleled gathering that blends spirituality, culture, and socio-economic activity on an epic scale. Held every 12 years at Prayagraj, this event is deeply entrenched in Hindu mythology and cultural heritage. It draws millions of devotees, spiritual leaders, and curious visitors from across the globe, all converging on the banks of the Ganges, Yamuna, and the mythical Saraswati rivers to seek blessings and spiritual liberation. What makes the Mahakumbh unique is its astronomical and mythological significance, as well as the staggering number of people it attracts. In fact, it is often referred to as the largest human congregation in the world. The origins of the Kumbh Mela are traced to the legend of the Samudra Manthan, or the churning of the ocean, as described in Hindu scriptures. According to the tale, gods and demons worked together to churn the ocean to obtain Amrita, the nectar of immortalit...

India's Inflation Drops: A Glimmer of Hope for the Economy

India's Inflation Drops: A Glimmer of Hope for the Economy India's retail inflation dipped to a four-month low of 5.22% in December, a modest improvement from November's 5.48%. This decline was largely attributed to cooling food prices, providing some respite after months of elevated costs. Food inflation, a significant driver of the Consumer Price Index (CPI), has begun to stabilize following a bumper summer harvest, even though earlier months were marked by price surges due to unseasonal rains and spikes in edible oil and cereal prices. Analysts had predicted this moderation, with a Reuters poll estimating December's inflation at 5.3%. However, despite the slight relief, inflation remains distant from the central bank's medium-term target of 4%, a milestone not expected until the second half of 2026, according to economists. Just a few months earlier, in October, inflation had surged to a 14-month high of 6.2%, driven by food inflation, which peaked at 10.9%. In D...

INDIA IS SPLITTING IN TWO PARTS

INDIA IS SPLITTING IN TWO PARTS Geologists have uncovered evidence suggesting India is splitting into two. Recent findings indicate a section of the Indian Plate may be undergoing delamination, where its lower layer peels away, creating a gap filled by hot mantle rock. This discovery offers fresh insights into the tectonic forces shaping the Himalayas, a mountain range formed over 60 million years by the collision of the Indian and Eurasian tectonic plates. Beneath the surface, however, these forces remain a mystery. Continental plates like the Indian Plate are thick and buoyant, resisting subduction into the mantle. This has led scientists to debate how the Indian Plate behaves during its collision with Eurasia. One theory suggests it slides horizontally beneath Tibet, while another posits that the upper portion of the plate crumples while the denser lower section subducts into the mantle. Recent data has sparked a new perspective, showing that part of the plate is delaminating as it ...

"Indian Economy Likely to Remain 'A Little Weaker' in 2025: IMF MD"

"Indian Economy Likely to Remain 'A Little Weaker' in 2025: IMF MD" The Indian economy is projected to experience some challenges in 2025, despite steady global economic growth, according to Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF). During her annual media interaction with reporters, Georgieva highlighted that while the global economy is expected to maintain steady growth, there will be significant regional variations. She emphasized that India's economic performance might be slightly weaker during this period, though she refrained from elaborating on the specifics of this prediction. The IMF's updated World Economic Outlook, scheduled to be released soon, is expected to provide more details about the factors influencing this outlook for India. While Georgieva remarked that the Indian economy could witness some deceleration, she also noted that other regions around the world were facing their own unique challenges. F...

India Achieves Record Renewable Energy Growth in 2024

India Achieves Record Renewable Energy Growth in 2024 India made remarkable progress in renewable energy development during 2024, setting unprecedented records with the addition of 24.5 gigawatts (GW) of solar capacity and 3.4 GW of wind capacity. These milestones represent a significant leap in India’s clean energy journey, with solar energy taking center stage. According to a report by JMK Research, the solar sector witnessed a twofold increase in installations compared to 2023, while wind energy capacity grew by 21%. With these developments, India’s total renewable energy (RE) capacity reached 209.44 GW by the end of 2024, reinforcing the country’s position as a global leader in sustainable energy. Solar power alone accounts for 47% of this capacity, cementing its role as the largest contributor to India’s renewable energy mix. Solar Energy: The Brightest Spot The year 2024 marked a turning point for solar energy in India, with the country achieving its highest-ever annual solar cap...