Oil shock: How long can India really hold out?
The price of commercial LPG was hiked by the steepest ever Rs 993 per 19-kg cylinder on Friday due to rising global energy prices linked to the West Asia conflict.
The Indian Political League – an India Today special report – breaks down the high-stakes assembly elections in Kerala and Assam. In Kerala, the incumbent Chief Minister, representing the Left Democratic Front, aims for an unprecedented third consecutive term, pivoting from a traditional ideological stance to a corporate governance model. However, he faces strong opposition from the Indian National Congress, which is battling to reclaim its traditional stronghold while fending off allegations of a covert understanding with rivals. Simultaneously, the Bharatiya Janata Party is heavily campaigning to disrupt the state's traditional duopoly. Meanwhile, in Assam, the incumbent Chief Minister leads the ruling party's charge against a renewed opposition effort. The principal challenger from the grand old party is invoking his late father's legacy to mount a formidable resistance against the ruling dispensation. The report outlines the complex electoral dynamics, highlighting anti-incumbency factors, changing political allegiances, and the overarching implications of these state elections for the national political landscape ahead of the voting and counting days.
The price of commercial LPG was hiked by the steepest ever Rs 993 per 19-kg cylinder on Friday due to rising global energy prices linked to the West Asia conflict.
Ahead of the counting day, a massive political war erupted between the TMC and BJP over EVM tampering claims at a strongroom in Kolkata.
In an interview with India Today, Dr Sajjid Z Chinoy, Chief India Economist at JP Morgan, discussed the global energy shock and its impact on the Indian economy following the recent hikes in commercial LPG and anticipated domestic fuel price increases.
The Punjab Assembly faced significant disruption as opposition parties, including Congress, BJP, and Shiromani Akali Dal, accused Chief Minister Bhagwant Mann of attending a special Labour Day session while intoxicated.