Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
Dismal data
The week flagged off with the CSO estimating real GDP growth for FY20 at 5 per cent and nominal growth at 7.5 per cent. They are the lowest figures in 10 and 40 years respectively.
Also read: At 5%, GDP growth to hit 11-year low in FY20
Playing it cool
US-Iran faced off leading to oil prices boiling up. But the International Energy Agency sees limited impact from such events.
Also read: Do not see major impact of US-Iran tensions unless oil supply is disrupted: IEA
Outreach
The PM conducted pre budget consultations with industry, rather close to D-Day!
Read more : PM meets economists, industry experts ahead of Budget
Speaking up
A few leading voices from India Inc have condemned the handling of JNU protests
Also read: Voices in India Inc begin piping up against handling of CAA and NRC protests
Sizzling hot
Solar is the hot favourite with global PEs/VCs attracting large inflows
Also read: Total corporate funding in solar sector reaches $11.7 billion in 2019: Report
Turning around
The IIP came up with a mild positive surprise by rising by 1.8 per cent in November after three months of contracting.
Read more: After 3 months, factory output grows in November 2019
Heating up
The domestic LPG and kerosene subsidies are likely to shoot up on the recent crude oil spike.
Also read:Crude spike: Government may need to set aside more for LPG, kerosene subsidy
Comfortable kitty
As global risks rise, one parameter on which India is sitting pretty is forex reserves.
Also read: Forex reserves touch record $461.16 billion
Compiled by Aarati Krishnan
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