India Economy Thread

chinasun said:

Fuel Panic Across India | Long Queues, Pumps Dry As Govt Denies Shortage | Energy Crisis​

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India's energy crisis stems from profound strategic short-sightedness and greed. While New Delhi profited from discounted Russian oil, it foolishly avoided long-term contracts to maximize immediate arbitrage gains. This lack of foresight left the nation exposed.

Compounding this error, Prime Minister Modi’s ill-timed visit to Israel on the eve of war antagonized key regional players. When conflict erupted and the Strait of Hormuz closed, India's supply lines were severed. By prioritizing quick profits over energy security, New Delhi has engineered a self-inflicted economic disaster.
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Governments should be honest with their people about what is about to happen.
 
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In small cities maybe long ques but in mumbai no way..... not even a hike in rates....
 
chinasun said:

Fuel Panic Across India | Long Queues, Pumps Dry As Govt Denies Shortage | Energy Crisis​

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India's energy crisis stems from profound strategic short-sightedness and greed. While New Delhi profited from discounted Russian oil, it foolishly avoided long-term contracts to maximize immediate arbitrage gains. This lack of foresight left the nation exposed.

Compounding this error, Prime Minister Modi’s ill-timed visit to Israel on the eve of war antagonized key regional players. When conflict erupted and the Strait of Hormuz closed, India's supply lines were severed. By prioritizing quick profits over energy security, New Delhi has engineered a self-inflicted economic disaster.
Click to expand...

Wrong information - it was happened due to disinformation news in one state.

Else their in no oil issues in india
 
Ali_Baba said:
What have you seen where ?

Fuel Map UK :: Cheapest Petrol & Diesel Near Me :: Fuel Finder

Cheapest unleaded from 114.1p, diesel from 100.9p. Updated 2nd May 2026. Find the cheapest petrol and diesel prices near you with Fuel Map UK.
fuelmap.co.uk fuelmap.co.uk

Fuel prices have risen as per site, but not by much yet (15%? )
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Pumps local to me keep running out. Was chatting to the guy who works there, he's like people panic buying, topping up a fiver etc. Said it's daft. Plenty of fuel just dumb consumer behaviour.
 
telecom.economictimes.indiatimes.com

India's telecom imports from China rise to $6.37 billion in 2023-24: MoS Pemmasani

India's telecom imports from China have increased significantly to $6.37 billion in the 2023-24 fiscal year, with the government implementing new incentives for domestic manufacturers. Minister Chandra Sekhar Pemmasani details the growth in imports and measures to support local production.
telecom.economictimes.indiatimes.com telecom.economictimes.indiatimes.com

India's telecom imports from China rise to $6.37 billion in 2023-24: MoS Pemmasani​

Pemmasani, in a written reply to Lok Sabha, said that total imports in the telecom equipment category rose from $13.33 billion in 2019-20 to $17.01 billion in 2023-24.

Published On Apr 2, 2026 at 08:13 AM IST

NEW DELHI: India's imports of telecom equipment from China rose to $6.37 billion (about ₹59,500 crore) in 2023-24, up from $5.55 billion in 2019-20, Minister of State for Communications Chandra Sekhar Pemmasani informed the Parliament on Wednesday.

Pemmasani, in a written reply to Lok Sabha, said that total imports in the telecom equipment category rose from $13.33 billion in 2019-20 to $17.01 billion in 2023-24.

"The imports under the principal commodity 'telecom instruments' have increased from $13,333 million in 2019-20 to 17,010 million in 2023-24. Further, the import from China during the period has increased from $5,553 million to 6,371 million," he said.
 
Raj-Hindustani said:
Wrong information - it was happened due to disinformation news in one state.

Else their in no oil issues in india
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India doesn't have an energy crisis, so why is it buying Chinese natural gas at triple the price?
 
chinasun said:
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India doesn't have an energy crisis, so why is it buying Chinese natural gas at triple the price?
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means thinktanks are anticipating ME situation will get worsen
 

Oracle layoffs: Around 12,000 employees laid off in India, another round likely within a month​

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It's a cycle. We live in the AI bubble era. It is bound to burst sooner or later. People will just switch to other alternatives.

People run after government jobs for a reason.

Oracle aims to free up about 10Bn$ usd via corporate restructuring to meet it's 50bn$ AI investment promise.

I know someone who got an on campus placement offer of 65LPA at Oracle dunno if his offer still stands though, will have to ask him about it.
 
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