Tag: oil prices

By Taponeel Mukherjee, Higher oil prices, the consequent inflationary pressures and a weaker rupee have dominated recent news headlines. While short-term measures to deal with these macro-economic trends are essential, it is also necessary to look at the long-term structural changes required to bring about stability in the Indian economy and reduce exposure to the vagaries of macro-economic trends. Environmental concerns alone do not drive India's renewable energy push today: Economic and financial compulsions are even more critical. Policies have helped expand the sector, but figures such as an expected $105...