The Ministry of New and Renewable Energy (MNRE) on Sunday dismissed reports suggesting it had asked lenders to halt financing for renewable energy projects, saying no such advisory has been issued to financial institutions, PTI reported.In a statement, the ministry said it has not directed banks or other lenders to stop extending loans to renewable…
Global cues are likely to take centre stage for Indian equities in the coming week, with investors bracing for the US Federal Reserve’s interest rate decision and closely tracking foreign institutional investor (FII) activity for direction, PTI reported.Analysts said domestic markets, which ended last week largely flat, are expected to react to a mix of…
India’s power distribution companies need to move faster towards intelligent, reliable and consumer-focused networks, with technology adoption paired with greater consumer engagement, Power Minister Manohar Lal Khattar said on Sunday.Addressing a two-day National Conference on the use of artificial intelligence and machine learning in the power distribution sector at Bharat Mandapam in New Delhi, Khattar…
Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest rate…
India is preparing to dispatch a team of accident investigators to Washington next week to review the ongoing probe into the June Air India crash that claimed 241 lives. The group will go through the data collected so far by the US National Transportation Safety Board (NTSB) and present their own analysis drawn from the…
As IndiGo battles an unprecedented operational crisis, the airline said its Board of InterGlobe Aviation is doing “everything possible” to ensure refunds for cancelled flights. The parent company has also set up a Crisis Management Group to monitor the situation, PTI reported.The operational crisis that has spanned across the sixth day has prompted both regulatory…
MUMBAI: Simone Tata (nee Dunoyer), a Swiss national who married into the Tatas and built India’s most enduring cosmetics brand, passed away in Mumbai Friday at 95.Lakme, a Tata venture born of an unusual request by then PM Nehru, who noticed that Indian women relied heavily on imported cosmetics, draining precious foreign exchange, was named…
Despite global economic uncertainties, geopolitical disruptions, and softened demand in some markets, India’s merchandise exports continue to demonstrate resilience, the government said on Friday. “There is, as of yet, no conclusive evidence that the export trends are attributable specifically to any tariff-related action. India’s export sectors continue to demonstrate strength and diversification,” MoS for commerce…
NEW DELHI: The ministry of civil aviation on Saturday issued a fare-cap order to curb steep price surges across domestic routes following widespread flight cancellations by IndiGo. However, it did not name the airlines directly and referred it to as “one of India’s major airlines”.In order no 01/2025, the ministry said the disruptions had led…
Representative image (AI-generated) NEW DELHI: IndiGo’s nationwide operational crisis entered its fifth day on Satuday, with the airline cancelling over 800 flights, even as the government tightened oversight, imposed fare caps, ordered immediate refunds and warned of regulatory action for any non-compliance. While the disruptions continued to affect thousands of passengers across the country, the…