India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
BENGALURU, India (AP) -- India's government is seeking to limit temperature settings on new air conditioners to save electricity in the country that considered the fastest-growing market for them. The power minister proposed a rule in June requiring air conditioners sold in the country to have thermostats that can be set no lower than 20 Celsius (68 Fahrenheit). Officials hope the small change will create massive energy savings in the country of more than 1.4 billion people. About 10 million to 15 million air conditioners are sold annually as incomes and urbanization increase along with the temperatures. The current lowest setting is 17 C (62 F). Officials say each degree an air conditioner is turned up saves about 6% on energy. Reaction to the change is mixed Energy experts said the proposal is a positive step, but that requiring units to be more energy efficient would help more. Power Minister Manohar Lal Khattar said the proposed rule would take effect soon but wasn't specific about timing. The proposal has gotten mixed reviews from people living in India's sweltering cities. "Overall, I think it's good to try and save energy, but at the same time I hope the government makes sure people are not too inconvenienced," said Vikram Kannan, a 37-year-old teacher who lives in the humid southern city of Chennai with his wife and 4-year-old daughter. "Sometimes there is no choice but to set a low air conditioner temperature in cities like Chennai because it's just way too hot and humid. My daughter gets heat pimples at times if we don't do this." Air conditioners are fast becoming some of the biggest energy guzzlers in India. Room air conditioners accounted for as much as one quarter of the electricity needed in India during times of the highest usage in 2024, a measure known as peak demand, according to estimates by researchers at the University of California, Berkeley. New AC units added between 2019 and 2024 have increased India's peak demand by an amount roughly equivalent to what it would take to power New Delhi for a year, the researchers estimated. Energy demand is typically highest during the summer when temperatures can reach 51 degrees Celsius (124 degrees Fahrenheit) in parts of the country. If changes are not made, India is expected to have power shortages by next year. India's hunger for energy is also a key reason the country is one of the highest emitters of planet-heating gases. Clean energy use is growing, but most of India's electricity is provided by climate-polluting fossil fuels such as coal. Nikit Abhyankar, a leader of the India Energy and Climate Center at the University of California, Berkley, said that Delhi, like other major Indian cities, now experiences dual peaks in electricity use -- one in the afternoon and another around midnight -- driven largely by air conditioners. While solar energy can help offset daytime demand, nighttime cooling still relies heavily on fossil fuels. Rule changes can nudge consumers to use less energy The air conditioner proposal is the latest in a series of government measures over the past decade aimed at saving energy, such as mandating that government offices be cooled at no less than 24 degrees Celsius (75 degrees Fahrenheit). In 2022, the government launched the Mission Life program that includes public service messages encouraging people to reduce emissions by cutting electricity use or skipping unnecessary car trips. The initiative announced with much fanfare has received mixed responses. Some are supportive of the proposed change to air conditioner settings. Sunil Kumar, a 47-year-old from East Delhi, said the rule could prevent fire hazards and lower bills. "People used to live without air conditioners. We can adjust," said Kumar, who drives a small commercial vehicle known as a tuk-tuk. New Delhi-based businessperson Surjeet Singh said turning air conditioners down to their current lowest setting was "unnecessary." "People have gotten too comfortable," he said, suggesting that cities invest in planting trees to tackle urban heat. Indian air conditioners are inefficient Abhyankar, the California professor, said that while changing temperature settings will help, requiring air conditioners to be energy efficient would do more. "Tightening the minimum efficiency standards can change things pretty significantly," said Abhyankar, who has also studied the energy sector in the U.S., China, Indonesia and Vietnam. Calling the proposed air conditioner rule a "step in the right direction," Pramod Singh, an energy savings expert with New Delhi-based Alliance for an Energy Efficient Economy, said replacing the country's estimated 80 million older generation, inefficient air conditioners is a key challenge for the government. Many units available in India are so inefficient they couldn't be sold in many other countries, Abhyankar said. "Although India imports most key components for its air conditioners from China, nearly 80% of the air conditioners that are currently sold in India would be banned in China," he said. Energy experts said other small changes can reduce energy use and customer costs, such as making sure new buildings have adequate ventilation, combining air conditioners with other cooling methods and using smart technologies to run air conditioners. "Air conditioner use reduces significantly if users also run their ceiling fans, as the room cools much faster," said Abhyankar. ___ Follow Sibi Arasu on X at @sibi123 ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
Khordha (Odisha): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Statement Of IMD Scientist Dr Soma Sen Roy On Saturday, IMD scientist Dr Soma Sen Roy said that the cold wave will last for ...Read More >
Khordha (Odisha) [India], December 15 (ANI): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Also Read | CAT 2024 Results: IIM Calcutta Likely To Release CAT 2024 Results Today at iimcat.ac. ...Read More >

Accepting the honour, Acharya Prashant delivered a powerful address, "The climate crisis is not just outside, it's inside. The glaciers are melting because our minds are burning with greed. Oceans are rising because our desires know no bounds. Before we can act responsibly, we must first think clearly. And that is where true environmentalism begins, not in policy, but in consciousness." "When we talk about the environment, we usually refer to forests, rivers, air, and wildlife. But do we ever as ...Read More >
V-Guard geysers are known for their durability, energy efficiency, and advanced safety features. Whether you need a storage water heater or an instant water heater, V-Guard has a wide range of options to suit your needs. In this article, we will compare the top 8 V-Guard geysers available on Amazon to help you make an informed decision. From sleek designs to advanced heating technology, V-Guard geysers offer the perfect blend of functionality and style for your home. The V-Guard Divino Storage 15L Vertical Geyser is designed for efficient water heating with a sleek and compact design. With a ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Uttarakhand Weather: After several places in Uttarakhand witnessed snowfall, minimum the temperature in the state on Tuesday settled at below 5 degrees Celcius. Due to snowfall on the peaks, the temperature has dropped at many places including Dehradun, with some also witnessing cold waves. Meanwhile, several hilly areas received the season's first snowfall on Monday. In most areas of Uttarakhand, the maximum temperature settled at one to two degrees Celsius below normal and the minimum temperature has also dropped by three to six degrees Celsius. In some areas, the minimum temperature has re ...Read More >
New Delhi, Jan 31 (VOICE) The output of India's eight core sector industries rose 4 per cent year-on-year in December, driven by an increase in the production of coal, steel, and electricity during the month, according to government data released on Friday.The eight core industries include coal, natural gas, crude oil, refinery products, fertilisers, cement, steel and electricity which comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The growth rate of the core industries, therefore, is an indicator of the overall industrial growth rate. Apa ...Read More >

New Delhi, May 22 (PTI) Markets regulator Sebi will issue directions this month over expiry of equity derivatives contracts after analysing the comments on the consultation paper, its chairman Tuhin Kanta Pandey said on Thursday. Sebi, in its consultation paper issued in March, proposed that the expiries of all equity derivatives contracts across exchanges be uniformly limited to either Tuesdays or Thursdays. This would help optimize the spacing between expiries and avoid designating either the first or last day of the week as the expiry day. Talking to reporters, Pandey said, "Right now, wh ...Read More >

New Delhi, Jun 5 (PTI) Rising temperatures, driven by climate change, is increasing the atmosphere's 'thirst', making droughts around the world 40 per cent more severe over the past 40 years, according to a new study. Researchers, including those at the University of California-Santa Barbara, US, explained that the atmosphere is becoming warmer, thereby increasing its capacity to hold moisture -- atmospheric evaporative demand -- and making droughts more severe, even in places where rainfall has stayed the same. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, He ...Read More >

New Delhi, Jun 5 (PTI) The India Meteorological Department (IMD) has forecast a gradual rise in the maximum temperature by five to seven degrees Celsius over the next five days in Delhi. Despite the warming trend, no heatwave conditions are expected during this period, according to a report prepared by the weather office. According to the IMD, the minimum temperature was appreciably below normal, by three to six degrees Celsius, and the maximum was markedly below normal -- by five to seven notches -- over the last few days. South-westerly winds with speeds up to 19 kmph were witnessed across ...Read More >

New Delhi, Jun 6 (PTI) Delhi recorded a maximum temperature of 38.2 degrees Celsius on Friday, 1.8 notches below the seasonal average, the Indian Meteorological Department (IMD) said. The minimum temperature settled at 25.6 degrees Celsius on Friday, two notches below the season's average, the IMD said. The humidity level stood at 47 per cent at 5:30 pm. The weather department has forecast partly cloudy sky for Saturday, with the maximum and minimum temperatures expected to hover around 40 degrees Celsius and 26 degrees Celsius, respectively. Delhi's Air Quality Index (AQI) was recorded in ...Read More >
For the second consecutive day on Monday (December 2, 2024), Delhi's air quality showed a slight improvement although it remained in the 'poor' category with an Air Quality Index (AQI) of 273 in the morning. According to the Central Pollution Control Board (CPCB), Delhi's 24-hour average AQI on Sunday stood at 285, an improvement to the 'poor' category and a welcome relief following 32 consecutive days of 'very poor' and 'severe' air quality (AQI over 400). The city's air quality was last recorded in the 'poor' category on October 29 with an AQI of 268, according to the CPCB. Farm fires ris ...Read More >
Delhi residents breathed easier Thursday as air quality improved to 'moderate' after a month of severe pollution. The AQI dropped to 161, though some areas still experienced 'poor' air quality. Cooler temperatures and mist accompanied the improved air, with the minimum temperature reaching 9 degrees Celsius. The Supreme Court maintained GRAP-IV restrictions, demanding compensation for construction workers from NCR states.Residents in Delhi took a sigh of relief on Thursday as the air quality inde ...Read More >
NEW DELHI: Delhi recorded its lowest minimum temperature of the winter season on Wednesday, with the mercury plunging to 4.9 degrees Celsius, a sharp drop from 8 degrees Celsius the previous day. The India Meteorological Department (IMD) stated, "The minimum temperature of 4.9 degrees Celsius reported over Safdarjung is the lowest minimum of this winter season. The same minimum temperature of 4.9 degrees Celsius was reported last year also on 15th December." The coldest minimum temperature ever recorded at the Safdarjung station was 0.0 degrees Celsius on December 27, 1930, according to the ...Read More >
New Delhi: The air quality in the national capital remained in the 'very poor' category on Thursday, with a thin layer of fog blanketing parts of the city and affecting visibility. An AQI reading of 340 was recorded at 9 am, according to the Central Pollution Control Board's (CPCB) data. Of the 38 monitoring stations that recorded air quality data in the national capital, 32 reported the AQI in the "very poor" category, according to the CPCB. The India Meteorological Department (IMD) has forecast a thunderstorm accompanied by rain on Friday and Saturday, and issued a "yellow alert", predictin ...Read More >
New Delhi, Jan 31 (PTI) The national capital wrapped up a rather warm January with Friday's maximum temperature reaching 27 degrees Celsius, making it the city's warmest day in the month since 2019. The month's average maximum temperature was 21.1 degrees Celsius, a notch above the long-period average of 20.1 degrees Celsius, marking it as Delhi's warmest January since 2019. According to India Meteorological Department (IMD) data, nighttime temperatures were also higher than usual. The average minimum temperature for the month settled at 8.5 degrees Celsius, a notch above the LPA of 7.5 deg ...Read More >

Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >

New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >

Gandhinagar (Gujarat) [India], June 6 (ANI): During the World Environment Day 2025 event held at Mahatma Mandir in Gandhinagar, Chief Minister Bhupendra Patel called for collective efforts to transform the Prime Minister's vision of 'Ending Plastic Pollution' into a mass movement. The program, jointly organised by the Forest and Environment Department and the Gujarat Pollution Control Board, was graced by Forest, Environment and Climate Change Minister Mulubhai Bera and Minister of State Shri Mukesh Patel. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police ...Read More >

New Delhi, Jun 6 (PTI) State-owned power giant NTPC on Friday said its Group installed generation capacity has reached 80,515 MW, after the first unit of 250 MW of the Tehri hydro Pumped Storage Project (PSP) began commercial supply of electricity. THDC India Ltd, a subsidiary of NTPC Ltd, has declared the first 250 MW unit of its 1,000 MW Tehri PSP (4x250 MW) commercially operational with effect from 00:00 hours on June 7, 2025, according to a regulatory filing. The total installed and commercial capacity of the NTPC group will become 80,515 MW, it added. NTPC is India's largest integrated ...Read More >

Pune (Maharashtra) [India], June 8 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Sunday inaugurated the new administrative office of Maharashtra Energy Development Agency (MEDA) in Pune. After inaugurating the newly constructed office, CM Fadnavis said, "The Maha Urja building is a prime example of a green architecture. It focuses on energy conservation, and is designed to generate as much energy as it consumes, essentially making it a net-zero energy building." Also Read | Modi Government Celebrates 11 Years of 'Shashkt Nari', Says 'Women Central to India's Growth Story'. He highl ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >

GURUGRAM : Samsung, India's largest consumer electronics brand, today introduced its 2025 Bespoke AI appliance lineup, built on four distinct consumer benefits: Easy, Care, Save and Secure to enrich and simplify your lives with AI. These experiences are powered by Samsung's new AI Home screen interface, Bixby voice assistant with two-way natural communication, Samsung Knox security, and seamless SmartThings connectivity, delivering hyper-personalized, energy-efficient, and secure smart home solutions for modern Indian households. At the heart of the new lineup is the Bespoke AI Laundry Combo, ...Read More >
KOLKATA: With the mercury dipping below 14 degrees before Dec 15, winter has set in early this year. In the past 11 years, the mercury dipped below 14 degrees before Dec 15 only once - in 2014. Even as the city started yearning for the chill, the Met office predicted a slight rise in mercury from Monday due to twin weather systems - one over the Bay of Bengal and another over north India. The minimum temperature plunged to 13.8 degrees on Thursday. The only time it dipped this low before the Dec fortnight was a decade ago. In the past two days, there has been a slight rise, with it standing a ...Read More >

Delhi Weather Today: After almost 5 days of cool and calm, the Delhi weather is turning up the heat... quite literally! According to the weather department, people in Delhi may have to bear the brunt of the rising temperature for the next week as the heat is only going to increase. The skies are likely to remain clear throughout the day, making way for the sun. According to the IMD, the maximum temperature is likely to cross 44 degrees in the next three days. On Saturday, June 7, the maximum temperature in Delhi is expected to cross 40 degrees Celsius. The minimum temperature in Delhi is like ...Read More >

NEW DELHI: The city is in for a spell of hot and dry days, with the India Meteorological Department (IMD) forecasting a gradual rise in maximum temperatures by up to 6 degree Celsius over the next five days. While the mercury is expected to cross 40 degree Celsius, no heatwave conditions are likely, officials said on Friday. According to the weather office, the maximum temperature at Safdarjung on Thursday was 38.2 degree Celsius, about 2 degree below the seasonal average. Minimum temperature stood at 25.6 degree Celsius, also slightly lower than the normal. Similar trends were observed acro ...Read More >
Srinagar: The minimum temperature has plummeted and settled below freezing point across Kashmir with many of the stations including Srinagar, the summer capital of Jammu and Kashmir recording the season's coldest night. According to the news agency -- Kashmir News Observer (KNO), the night temperature in Srinagar settled at minus 2.1 degree Celsius. Shopian was the coldest in Kashmir as the mercury plummeted and settled at minus 5.5 degree Celsius. Pahalgam, a famous tourist destination, recorded minus 5.0 degree Celsius while Gulmarg, a famous ski-resort recorded a low of minus 2.5 degree ...Read More >
A severe cold wave, comparable to the intensity of summer heat, is expected to sweep across West Bengal. How long will these frigid conditions persist? A severe winter is approaching, with temperatures expected to drop sharply across West Bengal. The Meteorological Department has forecast a cold wave from December 13 to 15, marking the onset of intense winter conditions. Dry weather is likely to persist until December 18, accompanied by northerly winds sweeping across the state. Light fog is ex ...Read More >

Dharamshala (Himachal Pradesh) [India], June 5 (ANI): Fresh snowfall on Thursday caused a sharp drop in temperature in the Dhauladhar mountain ranges in Himachal Pradesh. Snowfall on the higher reaches is very rare in June. The minimum temperature in Dharamshala was recorded at 16 degrees Celsius, whereas the maximum temperature was 21 degrees Celsius. Also Read | OpenAI Academy India: ChatGPT Developer Launches First International Initiative To Expand Education Platform Partnering With IndiaAI Mission in Country. It has been raining every day for a week in Dharamshala. Tourism industry peo ...Read More >
Chennai, Dec 3 (PTI) Danfoss, a leader in heating, ventilation, air-conditioning and compressors has set a target to progressively ramp up local manufacturing capabilities over the next five years, supporting the Centre's Make in India campaign, the company said on Tuesday. Danfoss India, a subsidiary of Denmark-based Danfoss, earlier this year committed to a Rs 500 crore investment aimed at developing local manufacturing for HVAC (Heating, Ventilation, and Air-conditioning), and refrigeration compressors and controls. As the country's heating, ventilation, air-conditioning, and refrigeratio ...Read More >