A determined farmer integrates solar power into his rural Indian landscape, balancing tradition with a sustainable future. NEW DELHI: Relatively slow growth in electricity demand in 2025–26, surplus power availability during solar hours leading to weak demand, and assured power availability for discoms after 2028–29 are among the reasons why renewable energy implementing agencies (REIAs)…
With Budget 2026 just a day away, focus has returned to Union finance minister Nirmala Sitharaman’s red bahi khaata and what it could hold for different sectors. First introduced in 2019, the traditional red ledger has since een representing not just a functional item, but a conscious shift away from colonial-era customs, towards a more…
UAE and Scotland Sign Investment MoU: What Does This Mean for Global Business? In a significant development for global investment flows, the United Arab Emirates (UAE) and Scotland have signed a pivotal Memorandum of Understanding (MoU) to deepen bilateral investment cooperation, broaden economic ties and unlock new opportunities for businesses in both nations. The agreement,…
New Delhi: Business news channel ET NOW will deliver “wall-to-wall” budget coverage on Sunday, complete with insights, real-time analysis, and expert perspectives.Coverage will start at 7am, setting the context, leading to the finance minister’s budget speech at 11 am, and will be followed by in-depth decoding of key announcements.ET NOW Think Tank is led by…
Mumbai: The rupee slipped to a record low in late trade on Friday, capping its worst monthly performance since Sept 2022, as persistent foreign portfolio outflows and strong corporate dollar demand continued to weigh on the currency despite intervention in the forex market.The rupee fell nearly 210 paise in Jan. The local unit touched an…
The United States has told India it can soon resume purchases of Venezuelan oil to reduce its reliance on Russian crude, Reuters reported. India had pledged to slash Russian oil imports after Washington imposed higher tariffs linked to those purchases.The move is part of a broader US effort to redirect India’s oil imports away from…
Bengaluru: Apple CEO Tim Cook said the iPhone maker delivered a “terrific” first quarter of the 2026 fiscal year, with India emerging as a key highlight. “We did set a quarterly revenue record during Dec. And to go a little further down, we set quarterly revenue records on iPhone and Mac and iPad, and an…
New Delhi: With a focus on creating jobs in the private sector, the World Bank on Friday announced a new country framework for India with an annual support of $8-10 billion over the next five years, using its full range of instruments and mobilising private sector capital at scale.The new framework was unveiled after FM…
NEW DELHI: High railway freight rates arising from cross-subsidisation are distorting competition with road transport, pushing up commodity prices, consumer inflation, and overall logistics costs, the Economic Survey 2025–26 highlighted.Reiterating the proposal in the Electricity Amendment Bill, 2026, the survey recommended the complete elimination of cross-subsidies for railways and the manufacturing sector within the next…
With the Union Budget just days away, the manufacturing sector is being seen as one of the main reasons India has stayed economically resilient—even as many countries face slow growth.The Economic Survey 2025–26 has set an upbeat tone, projecting India’s GDP growth at 7.4 per cent for the current financial year. In simple terms, that…