The plant will be based on natural gas to start with, but it will have the technology to switch to hydrogen as and when zero carbon steel is needed

Bery’s remarks followed the release of a report on boosting India’s power and hand tool exports, which called for easing QCOs on steel and polymers

Alongside changes to the electricity grid, the researchers examined the impact of a rise in electric vehicle production on India’s car manufacturers

See, nuclear energy is inevitable, because if you look at the energy mix, which is required for net zero carbon by 2070, nuclear energy is integral to this energy transition period, says Sood

These findings come amid tightening regulatory measures aimed at curbing rising consumer credit and growing household debt, which is increasingly fuelling consumption rather than asset creation.

SMRs, he told The Indian Express, have a distinct advantage. “If one needs a very focused energy supply, like for data centers, an SMR offers a possible application, even if it (cost of generation) is not economical”.

Manufacturing output, which accounts for 77.6 per cent of the weight of the IIP, also slumped to a six-month low of 2.9 per cent in February from 5.8 per cent in January and 4.9 per cent in the year-ago period.

By pursuing a combination of fiscal and non-fiscal incentives outlined in the report, NITI Aayog expects India’s auto component exports to triple to $60 billion by 2030, with the country’s share in global value chains rising from 3 to 8 per cent.

The dollar weakened as Trump surprised financial markets by reversing steep tariff measures that had been enacted just a day earlier.

With this concession, India moves to remove certain non-tariff trade barriers as it discusses a bilateral trade agreement with the US, which has criticised New Delhi over its business environment for American companies.

The weighted average domestic term deposit rates (WADTDRs) on fresh and outstanding deposits increased by 253 bps and 199 bps, respectively, during the recent tightening cycle, i.e., May 2022 to January 2025.

Injeti Srinivas, former secretary, Ministry of Corporate Affairs & former chairman, IFSCA has been appointed as the vice chairman of the high-level committee.

During 2024-25, CPSEs paid a dividend of Rs 74,016.68 crore to the government, up from Rs 63,748 crore in FY24 and Rs 59,533 crore in 2022-23.

Lenders should not extend loans where ownership of the collateral is doubtful, and they should keep a record of the verification of the ownership of the collateral.

US tariffs on China touch a historic 125%

Trump India Trade Deal: The sharply high tariffs on China could provide a comparative advantage for India, as businesses based in China may now look to shift operations to countries with lower tariff regimes, such as India.

There have been instances when some trusts run by companies have not maintained their corpus properly or fallen short of the required compliance norms, and then surrendered their exempted status.

Goyal’s comments come as a potential India-US trade war could lead to significant trade diversion—offering opportunities for India and several other countries

Medical emergency led to landing, following which aircraft developed technical issue

US President Donald Trump said Tuesday that India was willing to cut tariffs, hinting at possible relief for India from sweeping US tariffs.

Giving an example of the discussions held in the GST Council, Sitharaman said there are no differences between a BJP-ruled state or a Congress-ruled state as everybody wants to raise revenues

For instance, six years after it was first proposed, the Reserve Bank of India’s New Umbrella Entity (NUE) scheme continues to remain in limbo

India should focus on inclusive growth where rising per capita income and structural transformation drive sustainable and equitable prosperity

As an improvisation, by using thorium irradiated along with HALEU in the PHWRs at scale, the spent fuel produced can then be recycled to set up additional power generation capacity