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India Wholesale Inflation Hits 8.3 Percent, Highest Level in 42 Months

May 16, 2026

Overview

India recorded a sharp increase in wholesale inflation in April 2026. The Wholesale Price Index (WPI) rose to 8.3%, the highest level in nearly three and a half years. The rise was mainly caused by higher fuel prices, rising crude oil costs, and tensions in West Asia. The increase may affect industries, transport costs, consumers, and future monetary policy decisions.

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India and UAE Sign Strategic Petroleum and LPG Supply Agreements

May 16, 2026

Overview

India and the United Arab Emirates signed major energy agreements on 15 May 2026 during Prime Minister Narendra Modi’s visit to Abu Dhabi. The agreements focus on strategic petroleum reserves and increased liquefied petroleum gas (LPG) supplies to India. The partnership aims to strengthen India’s energy security and ensure stable fuel supply during global market disruptions.

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Maize Becomes India Top Ethanol Feedstock in Major Clean Energy Shift

May 15, 2026

Overview

India is witnessing a major change in its ethanol programme as maize has become the largest ethanol feedstock for the first time. During the first half of Ethanol Supply Year (ESY) 2025-26, ethanol supplies crossed 515 crore litres. The shift is important for clean energy, fuel blending, and agricultural sustainability in India.

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Chief Justice of India Forms Judicial Infrastructure Advisory Committee

May 15, 2026

Overview

The Chief Justice of India, Surya Kant, formed the Judicial Infrastructure Advisory Committee on 12–13 May 2026. The committee will prepare a national roadmap for improving court infrastructure across the country. It will focus on court buildings, digital systems, computerisation, and better facilities for judges, lawyers, litigants, and court staff.

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India EV Battery Demand to Jump Tenfold-From 20 GWh to 200 GWh by 2032

May 15, 2026

OVERVIEW

India’s electric vehicle battery demand is set to grow very fast. It will rise from 20 GWh in 2025 to 200 GWh by 2032. That is a tenfold increase in just seven years. This estimate comes from a study by the Indian Energy Alliance and Customized Energy Solutions. The study will be released at the 12th India Energy Storage Week in New Delhi from 8 to 10 July. India’s EV sales crossed 2.5 million units in 2025. Two-wheelers lead the market. The study also covers battery chemistry, motor technology, and supply chain localisation.

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