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Sub-region of the Asian continent
South Asia is the southern sub-region of Asia that is defined in both geographical and ethnic-cultural terms. South Asia, with a population of 2.04 billion, contains a quarter (25%) of the world's population. As commonly conceptualised, the modern states of South Asia include Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. South Asia borders East Asia to the northeast, Central Asia to the northwest, West Asia to the west and Southeast Asia to the east.
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Ember's report reveals South-East Asia's utility-scale storage pipeline of about 7GW covers less than a third of the 23-26GW needed by 2030, as the Iran war LNG shock accelerates the shift to solar and wind but leaves financing gaps for storage and grids.
India's economic growth forecast raised to 7.1% by World Bank, driven by domestic demand and exports
<p>Agencies </p><p>New Delhi </p><p>The World Bank raised its growth forecast for South Asia, citing resilient consumer demand despite an energy shock, but warned that persistently high oil prices, a severe weather shock and a global market correction could threaten the region’s outlook.</p><p>The bank now expects the…