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    India

    Finance and Economy

    UN Slashes India’s 2026 GDP Forecast to 6.4% Amid West Asia Crisis, But Outlook Remains Robust

    Economists note that India’s large domestic market and diversified economy offer insulation compared to smaller, more open nations. Prudent management of fiscal buffers will be critical to navigating near-term volatility while sustaining the growth trajectory.
    OWSA Staff -
    Air

    Scorching Heatwave Engulfs Delhi and North-Central India: Temperatures Hit 45°C+ as IMD Warns of Prolonged Extreme Conditions

    As Delhi and much of India endure this punishing heat, the event serves as a stark reminder of the challenges posed by rising temperatures.
    OWSA Staff -
    Employment

    India: Unemployment Rate Rises to 5.2% in April 2026: Rural Joblessness and Falling Labour Participation Raise Concerns

    This uptick from 5.1 per cent in March and 4.9 per cent in February underscores emerging pressures in the labour market, particularly in rural regions where job opportunities remain scarce.
    OWSA Staff -
    Agri-business

    India: Expensive Fuel Pushes Wholesale Inflation to 8.3 per cent in April, Highest in 42 Months

    This development comes at a time when the economy is navigating multiple global headwinds.
    OWSA Staff -
    Agri-business

    Economic Headwinds: PM Modi Leads Austerity Push as Inflation Surges and Growth Forecasts Dim

    As geopolitical tensions escalate in West Asia, the economic ripple effects are hitting Indian shores with growing intensity.
    OWSA Staff -
    E-governance

    India: G RAM G Act to Replace MGNREGA from July 1

    As the 1 July 2026 deadline approaches, the Ministry of Rural Development has outlined a seamless transition plan.
    OWSA Staff -
    Finance and Economy

    India’s Bank Credit Growth Surges to 15.9% in FY26 Amid Strong Economic Demand

    India’s banking sector registered robust credit growth of 15.9 per cent in the financial year 2025-26, driven by strong demand across agriculture, industry, services and retail lending segments, according to the Union Ministry of Finance.
    OWSA Staff -
    Clean tech

    Odisha Government Notifies Ambitious Policy to Reuse 50 per cent Treated Used Water by 2036

    Officials say that the TUW Policy 2026 does not exist in isolation; it is deeply aligned with broader national and regional developmental blueprints.
    OWSA Staff -
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    Latest News

    Bangladesh

    Bangladesh Grapples with Eroding Purchasing Power and Inflation Challenges

    Economists emphasise the need for coordinated fiscal-monetary policy, better inflation targeting, and structural reforms.
    Civil society

    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
    Agri-business

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

    Must read

    Bangladesh

    Bangladesh Grapples with Eroding Purchasing Power and Inflation Challenges

    Economists emphasise the need for coordinated fiscal-monetary policy, better inflation targeting, and structural reforms.
    Civil society

    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
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    Targeting Transformative Disaster Risk Reduction in Asia-Pacific Subregions

    Vanuatu is emblematic of the cascading disasters that Pacific Island nations increasingly endure, where frequent earthquakes intersect with the escalating impacts of climate-induced hazards such as cyclones, rising sea levels, and coastal erosion accompanied by staggering loss and damage experienced by vulnerable populations and ecosystems.
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    Civil society

    Pakistan:Residents Demand Accountability as Shakai Dand Dam Languishes Incomplete After 12 Years

    As Pakistan grapples with climate change, population growth, and water stress, every stalled dam represents a missed opportunity for resilience.
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    Bangladesh Launches IMF Negotiations for $4 Billion Fresh Loan Amid Economic Reset

    As the delegation arrives in Dhaka, all eyes will be on the specifics of the reform agenda and financing assurances.

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