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Why Iran war is India’s Edison moment

If there is one learning from the ongoing Iran War, it is this: Now is the perfect time to revisit our energy transition strategy and increase the share of electrons in our economy. They are already a key power source for electricity for Indian households, but we need to cannonball efforts to make it a source for industrialisation -- to manufacture molecules, materials as well as machine learning.Till recently, “electro-states” or countries that are weaning away from their legacy fossil fuel addiction to create an economy that underpins electrification was an abstract concept rooted to a Utopian zero carbon future. But Iran’s strategy of hitting critical oil and gas infrastructure across the Gulf has exposed how inexpensive weaponry like drones can wreak havoc on global energy markets. The ongoing war in the Middle East should be a good window to power our imagination.You may follow our live coverage of the West Asia war hereA core metric of an electro-state is how much of total final ...
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Delhi airport sees 22 flight diversions due to weather

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US stock market crash fears ease even as Middle East war rages on

Options traders' fears of a U.S. stock market crash have pulled back nearly to levels seen before the U.S.-Israeli attacks on Iran that made oil prices soar. The Nations TailDex Index and ‌the Cboe ⁠Skew Index, ⁠two separate gauges that measure how much traders are paying for crash protection, have retreated to near where they stood before the February 28 strikes on Iran. The S&P 500 is still down 2% from pre-war levels. "TDEX is signaling that investors are now less worried about a "tail event," or a really steep drop in equity prices, than at any point since the war started," said ⁠Scott Nations, ‌president of Nations Indexes, an independent developer of volatility and option strategy index products. "Given the muted response from the S&P 500, this outlook makes ⁠sense, but it's an important metric to watch," he said. On Monday, the TailDex index was at 18.84, just below its closing level of 19.01 on February 27. The Cboe SKEW index finis...
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Oil's fair in love and war

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W Asia war: Fertiliser imports 10-20% costlier

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Inside Iran’s cheap but deadly Shahed drones

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Jobs data for 50 cities may be released soon

New Delhi: How tight is the job market in Bengaluru? How many people are unemployed in Mumbai or Hyderabad? Answers to questions like these may soon be just a dataset away with the statistics ministry planning to release employment data for about 50 cities having more than one million residents each, said government officials.The list of cities to be covered in the survey include Visakhapatnam, Lucknow, Kolkata, Pune, Meerut, Jaipur, Patna, Surat, Gwalior and Chennai, they said, adding that the data could be released in the first half of 2026.The annual periodic labour force survey for 2025 covering states and union territories is slated for release in the last week of March, but a city-wise survey report is expected only in the next few months.129595000 "The sample design (of PLFS) has been modified with district as the basic stratum, which has made it possible to generate estimates for cities," a government official told ET. The PLFS provides information on key labour marke...
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