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.
Introduction The global shift toward renewable energy has accelerated in recent years as households and businesses look for more sustainable ways to meet their electricity needs. Solar energy has emerged as one of the most accessible and scalable solutions, supported by advancements in technology and declining equipment costs. While solar panels often receive the most attention, the role of the inverter is equally critical in determining system performance and reliability. A solar inverter serv
New Delhi, Jun 29 (PTI) AAP supremo Arvind Kejriwal on Sunday warned that the Rekha Gupta-led BJP government in Delhi would not last even three years if slum demolitions continue, as he called for a mass movement against the drive from Jantar Mantar. The AAP organised a massive protest at the site under the banner of the 'Ghar-Rozgaar Bachao' movement. Also Read | Bengaluru Horror: Woman's Body Found Stuffed in Sack, Dumped in Garbage Truck Near Channammanakere Skating Ground; Murder, Possible Sexual Assault Under Investigation. Senior party leader Gopal Rai challenged that if demolitions c ...Read More >
Patna: The state cabinet on Tuesday approved the Bihar Renewable Energy Policy 2025, setting a new direction for the state's transition towards clean and sustainable energy."This policy is a significant milestone in Bihar's journey towards a cleaner, more sustainable energy future. It reflects the CM's deep commitment to environmentally responsible development that safeguards future generations," energy minister Bijendra Prasad Yadav said.Energy secretary Manoj Kumar Singh said the policy would help meet growing energy needs while reducing dependence on fossil fuels. "This marks a step forward ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Hyderabad, July 8 (Maxim News): BRS Working President K. Taraka Rama Rao stated that the people of Telangana have once again come to realize that Revanth Reddy can only make a fuss but cannot engage in meaningful discussions. He criticized that 70 lakh farmers in Telangana have been facing serious problems for the past 18 months due to Revanth Reddy's incompetent rule, which has no basic knowledge about farmers except for gossip. Here To Join Us On WhatsApp KTR invited the Chief Minister to discuss what BRS and Congress have done for farmers and the unemployed at the Somajiguda Press Club an ...Read More >
Bengaluru, June 27 (SocialNews.XYZ) Union Minister for New and Renewable Energy Pralhad Joshi on Friday said that Prime Minister Narendra Modi-led government is planning to roll out an additional Rs 5,400 crore as viability gap funding to support the setting up of 30 GWh of battery storage systems in the country. "This is over and above the Rs 3,700 crore already being given under the existing VGF scheme, through which 13.2 GWh of BESS projects are already being implemented," the minister explained. The minister was speaking at the inauguration of one of India's largest Battery Energy Storag ...Read More >
Bihar State Power Generation Company Limited (BSPGCL) has completed the auction for its standalone Battery Energy Storage System (BESS) project with a total capacity of 125 MW / 500 MWh. The auction was conducted under a Tariff-Based Competitive Bidding (TBCB) process to promote the development of energy storage infrastructure in the state. The tender was initially floated in March 2025 and invited bids for the development of a 500 MWh standalone BESS. A minimum project size of 20 MWh was required for participation. A total of six companies emerged as winners in the auction. Barbrik Projects ...Read More >
New Delhi: Power minister Manohar Lal on Wednesday said establishing an energy storage system is essential to meet clean energy targets to stabilise the grid, optimise power generation and ensure round-the-clock electricity supply. Over the last three-four years, the cost of energy storage has significantly dropped, Lal said at the India Energy Storage Week conference here on Wednesday. "What was once ₹10 lakh/MW has now fallen to ₹2.5 lakh/MW per month, a reduction to one-fourth of the original cost," he said. As industries like steel and cement shift towards green hydrogen, India is pushi ...Read More >
Shimla, (Himachal Pradesh) [India], July 10 (ANI): The death toll from the ongoing monsoon devastation in Himachal Pradesh has reached 85, according to the State Disaster Management Authority (SDMA). 54 fatalities were directly caused by rain-related incidents such as landslides, flash floods, and cloudbursts, while 31 deaths were reported from road accidents, as per the SDMA The SDMA confirmed that the state continues to reel under the impact of relentless rains. In the past 24 hours alone, 204 roads have been blocked, including the National Highway NH-003 connecting Mandi to Dharampur via ...Read More >
Ahmedabad (Gujarat) [India], June 30 (ANI): Adani Green Energy Limited (AGEL) has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW. According to the Adani group, this accomplishment marks the fastest and largest capacity addition in India to date. The operational portfolio includes ~11,005.5 MW of solar, ~1,977.8 MW of wind, and ~2,556.6 MW of wind-solar hybrid capacity. Also Read | TikTok Deal To Be Announced Soon in US? Donald Trump Says He Has Found a Group of 'Very Wealthy People' To Buy ByteDance-Owned App, I ...Read More >
India's NTPC (previously the National Thermal Power Corporation) has launched its first 160 megawatt hours (MWh) CO₂ battery energy storage project, to be developed by Triveni Turbine and its energy partner Energy Dome. The project will be executed on a turnkey basis at NTPC's Kudgi plant in Karnataka, India. The initiative aligns with NTPC's strategy to diversify its energy portfolio and increase renewable power generation. The adoption of CO₂ battery technology also supports India's "Make in India" and "Atmanirbhar" (self-sufficiency) policies, offering opportunities for the domestic indu ...Read More >
Chennai, June 2025: India Yamaha Motor (IYM) Pvt. Ltd. is proud to commemorate a significant milestone in its manufacturing journey with the completion of 10 years of operations at its Chennai Factory. Reinforcing its role as a critical production base for both domestic and global markets, the company also celebrated the roll-out of its 5 millionth two-wheeler from this state-of-the-art facility -- an Aerox 155 Version S that marked the milestone. Over the past decade, the Chennai plant has become a cornerstone of Yamaha's global operations to serve both Indian customers and export markets. I ...Read More >
Pune : Cummins India Limited ("Cummins"), one of the leading power solutions technology providers, today announced the launch of its Battery Energy Storage Systems (BESS), expanding its sustainable solutions portfolio in line with Destination Zero strategy. This state-of-the-art energy storage solution is designed to support India's clean energy transition and strengthen the reliability of country's power infrastructure. Battery Energy Storage System (BESS) is emerging as reliable and efficient technology for addressing the energy transition requirements of key industries such as manufacturin ...Read More >
New Delhi, June 29 (SocialNews.XYZ) Politics over slum demolitions in Delhi intensified on Sunday with AAP National Convenor and former chief minister Arvind Kejriwal accusing the ruling BJP of rendering poor people homeless, while the latter justified the action against dwellings of Rohingyas and Bangladeshis who allegedly pose a security threat to others. The Congress also attacked Kejriwal for shedding crocodile tears for slum dwellers and slammed him for not rehabilitating even a single poor family during his 11-year rule in Delhi. Addressing a rally of slum dwellers and Aam Aadmi Party ...Read More >
Bengaluru : INOXGFL Group, one of the leading business Groups in India in the energy transition space, announced today that Inox Clean Energy Limited's renewable independent power producer (RE IPP) arm, Inox Neo Energies Private Limited, has completed the acquisition of Skypower Solar India Private Limited, which has a portfolio comprising 50 MW (AC) / 57.5 MW (DC) of solar power assets located in Madhya Pradesh. The transaction values the asset at an enterprise value of ~Rs 265 crores, translating into a trailing EV/EBITDA multiple of ~ 5.3x. The 50 MW (AC) / 57.5 MW (DC) solar project, comm ...Read More >
Hyderabad: Union Minister for Coal and Mines G. Kishan Reddy on Friday released the Copper Vision Document and the Aluminium Vision Document at the international conference here on sustainable and responsible mining through best mine closure practices, organised by the Indian National Committee of the World Mining Congress. Reddy emphasised copper's vital contribution to India's energy transition, infrastructure growth, and green technologies such as electric vehicles and solar power. He stated that the Vision Document provides a long-term strategy to meet growing domestic demand while ensuri ...Read More >
Nagpur: Despite aggressive promotion of electric vehicles (EVs) under green energy initiatives, Nagpur district continues to grapple with a critical shortage of charging infrastructure. According to official data, there is just one EV charging station for every 515 electric vehicles in the district.The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), which is the sole authority for providing power connections to EV charging points, revealed that 151 charging stations have been set up so far across the district and many of them are private and not available to public. Of these, ...Read More >
New Delhi, July 7 (PTI) In a move to reduce electricity bills and promote usage of clean energy, the Delhi government has initiated widespread implementation of rooftop solar panel installations across the city under the RESCO model, an official statement said on Monday. Under the RESCO (Renewable Energy Service Company) model, a third-party firm installs, owns and manages solar energy system on a customer's property. The customer makes zero capital investment, and buys power from the firm at lower rates under a power purchase agreement. The initiative is expected to bring down the overall c ...Read More >
Ahmedabad (Gujarat) [India], July 8 (ANI): The Adani Group on Tuesday launched the third film in its #HumKarkeDikhateHain campaign, titled 'Story of Suraj'. This film underscores the group's mission to drive sustainable progress through clean energy initiatives, transforming communities across the nation.The story of Suraj paints a picture of a town transformed by Adani's solar energy solutions. The film follows a character, Rakesh, who returns to his hometown after years and is moved by the dramatic changes brought about by the uninterrupted solar power in the village--thriving agriculture, d ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said on Tuesday. Also Read | Nobel Peace Prize 2025: From Mahatma Gandhi to Jawaharlal Nehru, Check Full ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenanc ...Read More >
New Delhi [India], June 4 (ANI): To meet the country's ambitious 500 GW target, India's renewable sector will need to double its annual capacity addition to 50 gigawatts (GW) over 2025-2030, S&P Global Ratings said in a report. This will mean almost doubling last year's capacity addition of 29GW. The global rating agency said capacity addition will require USD 175 billion and up to USD 150 billion for the expansion and strengthening of the transmission and distribution network. The next five years will be crucial as the country strives to meet its target of 500GW renewable capacity by 2030. ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Chennai: If you're living in parts of Chennai, be prepared for a power cut today. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has announced that several areas across the city will face electricity shutdowns on Monday, June 30, due to planned maintenance work. The power will be suspended from 9:00 am to 2:00 pm, affecting both residential and commercial areas. More than 40 locations are expected to experience the outage. Areas Affected by Today's Power Cut Besant Nagar 4th Main Road, 32 to 35 Cross Street, 3rd Avenue, 5th Avenue, Alcott Kuppam, Customs Colony 1st Street ...Read More >
NEW DELHI: Adani Green Energy Limited (AGEL) on Monday announced it has surpassed 15,000 megawatts (MW) of operational renewable energy capacity, reaching a total of 15,539.9 MW. The company said its operational portfolio includes approximately 11,005.5 MW of solar, 1,977.8 MW of wind, and 2,556.6 MW of wind-solar hybrid capacity. "Surpassing the 15,000 MW milestone is a moment of immense pride," said Ashish Khanna, CEO of AGEL. "This achievement is a testament to our team's relentless focus and execution. It would not have been possible without visionary leadership, and the support of our ...Read More >
Mumbai (Maharashtra) [India], July 7: Smarten Power System Limited (The Company, Smarten) is engaged into designing and assembling of power back-up and solar power products, proposes to open its Initial Public Offering on Monday, July 07, 2025, aiming to raise ₹ 50.00 crores, with shares to be listed on the NSE Emerge platform. The issue will close on Wednesday, July 09, 2025. Also Read | Kannada Actress Bhavana Ramanna Announces Pregnancy at 40, Shares Father's Reaction to Her Decision To Have Twins Without Getting Married. The issue size is 50,00,400 equity shares at a face value of ₹ 10 e ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenance and is reimbursed over time through a fixed tariff per unit of solar energy generated, as agreed upon in a Powe ...Read More >
he Australian government claimed on Thursday that the country is on track to meet its 2030 emissions reduction target, with new figures showing improved projections. In an annual climate change statement delivered to parliament, Minister for Climate Change and Energy Chris Bowen announced that Australia is projected to cut its greenhouse gas emissions by 42.6 per cent from 2005 levels by 2030 -- up from the 37-per cent cut projected in 2023.The government has committed to cutting Australia's emissions by 43 percent from 2005 levels by 2030, Xinhua news agency reported. "Our robust reforms an ...Read More >
Delhi BJP president Virendra Sachdeva said the BJP govt is committed to improving the lives of slum dwellers who are forced to live in "hell-like conditions" along drains and railway tracks. "Just as we resettled slum dwellers from Kalkaji, Jailorwala Bagh, Kalandar Colony, and Kathputli Colony, we will continue to provide new homes through the 'Jahan Jhuggi Wahan Makan' campaign," he said.Sachdeva also lashed out at AAP leaders for inciting protest, alleging that they had announced an "attack" o ...Read More >
Chandigarh (Haryana) [India], December 12 (ANI): Haryana Chief Secretary Vivek Joshi on Thursday presided over a state-level coordination committee meeting to review the 'PM Surya Ghar: Muft Bijli Yojana.' According to an official release, it was informed during the meeting that 9,609 rooftop solar systems with a combined capacity of 45.90 MW have been installed across the state so far. The government has disbursed Rs 52.54 crore in subsidies to beneficiaries to further encourage solar adoption. Moving forward, the state plans to equip government buildings with solar power plants, with the Pu ...Read More >