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India’s green transition push: Nation leads South, Southeast Asia, says S&P Global; private funding, policy push key drivers

India has emerged as the frontrunner in renewable energy progress across South and Southeast Asia, outpacing coal and setting an example for the region, according to a recent report by S&P Global Ratings. As per news agency ANI, the study noted that India’s strong policy framework, advancing technology adoption and robust private investment are fuelling…

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Glow slow this Diwali! India’s peak power demand drops slightly; usage bucks usual spike trends

India’s peak power demand during Diwali this year fell slightly compared to last year, breaking the usual trend of higher electricity consumption during the festival of lights.Government data showed that the highest power supply met on Monday reached 180.14 GW, down from 182.87 GW on October 31, 2024.Typically, electricity demand spikes during Diwali as domestic…

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India-EU FTA: Talks gain momentum ahead of Piyush Goyal’s Brussels visit; negotiations target resolution of ‘outstanding issues’

File photo: Union commerce minister Piyush Goyal (Picture credit: PTI) Union commerce and industry minister Piyush Goyal on Wednesday held discussions with EU Trade Commissioner Maros Sefcovic on outstanding issues regarding the proposed India-EU free trade agreement (FTA). The engagement comes ahead of Goyal’s scheduled visit to Brussels next week aimed at boosting ongoing negotiations.Goyal…

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Renewable energy surge: India’s non-fossil fuel power capacity to touch 300 GW soon; 40 GW projects in advanced stages

India’s non-fossil fuel-based power generation capacity is set to reach around 300 gigawatts (GW) soon, with over 40 GW of renewable energy projects in advanced stages of signing power purchase agreements (PPAs) and securing transmission connectivity, the ministry of new and renewable energy (MNRE) said on Wednesday.As of September 30, India’s non-fossil fuel capacity stood…

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IT rules update: MeitY mandates deepfake labelling, tighter social media oversight; content removal made transparent

File photo: IT minister Ashwini Vaishnaw (Picture credit: PTI) In a move to curb misuse of AI-generated content and bring transparency to online governance, the ministry of electronics and information technology (MeitY) has proposed draft amendments to the IT Rules, 2021, mandating clear labelling of synthetic media and stricter oversight of content removal orders.As per…

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US stocks today: Wall Street holds near record highs as investors await Tesla earnings; Gold slips again

File photo (Picture credit: AP) US stocks are trading largely flat on Wednesday as investors await earnings results from electric carmaker Tesla, while gold prices extended their decline from record highs.According to news agency AP, the S&P 500 slipped 0.1% in early trading, staying just below its all-time high set earlier this month. The Dow…

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UNCTAD roundtable: Piyush Goyal says India willing to ‘pay extra buck’ for resilient supply chains; embraces Atmanirbharta

File photo: Union minister Piyush Goyal (Picture credit: ANI) India has adopted the path of “Atmanirbharta” or self-reliance to address vulnerabilities revealed in global supply chains, placing greater importance on resilience and trust over mere cost efficiency, union minister for commerce and industry Piush Goyal said. Speaking at the UNCTAD ministerial roundtable on ‘Towards Resilient,…

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