Oil Spike Sends India Rupee Tumbling to One-Month Low

Oil Spike Sends India Rupee Tumbling to One-Month Low

India’s rupee weakened to the lowest level in more than a month and bonds fell as a jump in oil prices once again exposed the nation’s vulnerability to spikes in energy costs. The currency slid as much as 0.8 percent to 69.8775 per dollar at 9:35 a.m. in Mumbai

NHPC Eyes Foreign Funds To Expand Hydel Power Capacity

NHPC Eyes Foreign Funds To Expand Hydel Power Capacity

This comes after the union cabinet gave its nod to recognise hydropower as renewable source of energy. “We might find some kind of cheaper funding by multilateral lending institutions as the government has recognised hydropower as renewable source of energy,”

India Is Changing The Way It Is Lighting Its Homes

India Is Changing The Way It Is Lighting Its Homes

Mithilesh Kumar, who runs a small electrical shop in Delhi’s Gujranwala area, has seen the sales of incandescent electric bulbs fall drastically over the past few years. “People prefer LED bulbs as the prices have declined significantly.

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