The Economics of Light: How Diwali Moves India’s Economy
From local markets to digital commerce, Diwali drives a seasonal surge in spending, revealing the strengths and vulnerabilities of India’s consumption-led economy.
The Raisina Post
Business & economy
Company reporting, ownership, markets and the economy.
India Is Signing Long-Term Gas Deals. Who Bears the Price Risk?
India is securing liquefied natural gas supplies for the next two decades, even as conflict in the Gulf exposes the limits of long-term contracts. The agreements promise greater certainty over supply, but not necessarily over prices. Their financial consequences may ultimately extend from state-owned energy companies t
Jio Platforms IPO: What Has Changed
The Jio question has changed from when it will list to how it trades. Jio Platforms listed on 28 October at ₹1,358, 21.4% above its ₹1,119 issue price,² after a ₹30,213 crore fresh issue that CNBC called the largest IPO in India's history.¹ It closed at ₹1,421.70 on 4 November, about 27% above the issue price.⁸
India’s GST Boom: What the Record October Numbers Really Say
GST collections have grown at their fastest pace in more than four years, but a sharp rise in import-related taxes, a weaker rupee and a favourable comparison with last year complicate the story. The figures point to stronger economic activity, though they do not establish a comparable increase in household consumption
Diwali 2026: Shoppers Stretch Budgets as Inflation, a Rate Hike and Costly Gold Reshape the Festive Basket
Urban spending is forecast to dip 6% even as traders project record sales. The gap suggests higher prices, not higher volumes, are doing much of the work.
Cabinet Endorses ₹14,500 Crore Viability Gap Funding for 92 GWh Grid‑Scale Energy Storage
The Union Cabinet has approved a ₹14,500 crore Viability Gap Funding scheme to develop 92 GWh of grid‑scale energy storage, boosting renewable integration and domestic manufacturing.