Peak electricity demand remained above 250GW for most of September before reaching a record 260GW in October, exposing growing pressure on India’s grid amid heat, weak rainfall and rising economic activity. India’s peak electricity demand stayed above 250 gigawatts for…
The draft National Steel Policy sets out an expansion path to 2047 while making scrap-based production, domestic value addition and lower-carbon manufacturing central to the sector’s future. India’s proposed National Steel Policy is being pitched as more than a capacity…
IDBI Bank’s September-quarter profit fell sharply despite a 29% rise in net interest income, as deposits, advances, asset quality and capital buffers all strengthened. IDBI Bank reported a sharp drop in quarterly profit even as its lending and deposit franchise…
Growing healthcare demand, import dependence and government backing are prompting investors to pursue scalable medical device makers and potential roll-up opportunities in India. India’s medical devices industry is drawing stronger interest from private equity firms as the country’s healthcare needs…
The US president’s decision to delay new measures against buyers of Russian energy eases pressure on India as New Delhi and Washington seek to conclude a trade agreement. US President Donald Trump has delayed the start of new Russia-related sanctions…
India’s ambassador to Russia has defended continued energy purchases from Moscow despite Western pressure, while setting out plans to expand bilateral trade to $100bn by 2030. India’s energy security remains its overriding priority, the country’s ambassador to Russia, Vinay Kumar,…
Gujarat has opened selected industrial incentives to self-financed projects, cut 16 application documents and transferred ₹1,100.19 crore directly to nearly 15,000 units as it seeks to speed up support for businesses. Gujarat has moved to make its industrial support system…
Renewed shipping and supply disruption fears have pushed Brent crude above $110 a barrel, threatening to raise transport and household costs in import-dependent India. Brent crude has climbed back above $110 a barrel, reviving fears of higher fuel costs and…
The Invest Telangana Global Summit 2026 is expected to bring memoranda of understanding from companies considering new or expanded Global Capability Centres in Hyderabad, with firms from Japan, Canada and the Middle East among those exploring opportunities. Hyderabad is set…
SpaceX’s Starlink says it has built approved infrastructure in India after years of regulatory work, as Reliance and rival operators press for a level playing field before commercial satellite services begin. Starlink said on Friday that it has spent more…
Indian Bank expects the Reserve Bank of India’s requirement to set aside 20% of the value of certain rupee-linked currency derivatives to raise funding costs, despite no immediate hit to forex income. Indian Bank expects the Reserve Bank of India’s…
India is investing more than 30% of GDP but failing to regain 8% growth, pointing to weaker capital productivity and an urgent need for reforms, innovation and more efficient investment. Shaktikanta Das, principal secretary-2 to the prime minister, has argued…
