Stable cash flows within a cost-plus regulatory framework, improved credit indicators, and ongoing deleveraging all contribute to the rating upgrade. Adani Electricity Mumbai Ltd Achieves Sovereign-Grade Rating Adani Electricity Mumbai Ltd. is the first privately owned power distribution firm in India to get a rating comparable to the sovereign, according to a statement from India … Read more
Oil and Natural Gas Corporation Ltd. (ONGC) and Reliance Industries Ltd. have agreed to pool resources, including supply vessels used in the discovery and production of oil and gas, in an effort to increase offshore energy exploration and operational efficiency. ONGC and Reliance Sign MOU for Offshore Resource Sharing On the fringes of India Energy … Read more
The Reserve Bank of India’s (RBI) yearly analysis of state finances is a wealth of information for anyone interested in fiscal federalism. This year’s analysis, which examines state budgets for 2025–2026, is no different. Improving State Finances and Fiscal Health The good news first. State governments’ financial situation is getting better. Indeed, after remaining below … Read more
In order to concentrate on growing its same-day food delivery service and expanding its Whole Foods Market operations, Amazon.com is closing dozens of physical Amazon Fresh stores and automated Amazon Go outlets. Amazon Shifts Strategy Away From Physical Grocery Stores In a blog post on Tuesday, the online retailer acknowledged that while it has observed … Read more
Petrol, Diesel, and LPG Prices: The public has always been concerned about fuel prices nationwide. The costs of gasoline, diesel, and LPG cylinders saw some improvement in January 2026, which would help middle-class and low-income people. Petrol, Diesel, and LPG Prices Update Millions of people wait for the most recent prices in their city every … Read more