This target-setting exercise forms part of a broader mission to transform India Post into a sustainable profit centre for the government, without compromising its social responsibility. India Post has been tasked with growing its revenue by up to 30 per cent by FY2026, as announced by Union Minister of Communications Jyotiraditya Scindia during the national...
Category: ECONOMY & POLICY
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Solar Now Far Cheaper Than Conventional Energy as Tariffs Fall: Joshi
The Union Minister for New & Renewable Energy spotlighted India’s investor-friendly clean energy policies as a driving force in the global energy transition at a renewable energy summit in Mumbai. Speaking a day after India surpassed 44 per cent non-fossil fuel capacity, reaching its 2030 target five years ahead of schedule, Prahlad Venkatesh Joshi, Union...
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Railways to Begin Massive CCTV Rollout Across Trains to Boost Onboard Security
To ensure passenger privacy, the CCTV units will be placed in common areas such as entryways near the doors, avoiding private compartments. Ashwini Vaishnaw, Union Minister for Railways, has green-lit a nationwide plan to install CCTV cameras across 74,000 train coaches and 15,000 locomotives, marking one of the largest public transport surveillance initiatives globally. The...
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India Clears Elon Musk’s Starlink for Satellite Internet Rollout
The development marks a strategic win for Elon Musk, whose ventures from Tesla to SpaceX are facing mounting pressure from US President Donald Trump. India’s regulatory nod for Starlink’s satellite internet services may, thus, offer him a timely boost. Amid reports of growing friction with US President Donald Trump, Elon Musk has found regulatory favour...
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GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
The supply deal for up to 900,000 SCMD of natural gas from Oil India’s Rajasthan fields to GAIL is set to boost domestic production, streamline transportation, and expand distribution, reinforcing energy security and improving access. India’s largest natural gas supplier GAIL India and Oil India Ltd have extended their existing gas sale and purchase agreement...
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Invest in IREDA Bonds to Support India’s Green Energy Transition and Save Tax
Bonds issued by the Indian Renewable Energy Development Agency (IREDA) on or after 9 July 2025, and redeemable after five years, will now qualify for capital gains tax exemption under Section 54EC of the Income Tax Act, 1961, according to a government notification. The Indian Renewable Energy Development Agency (IREDA) has secured a significant policy...
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CII President Rajiv Memani Offers Blueprint for a Competitive Viksit Bharat
The new CII president’s recommendations on disinvestment, taxation, manufacturing, AI and skilling come as India is poised to retain its position as the world’s fastest-growing major economy, despite sustained global economic and geopolitical turbulence. While India remains a bright spot amid persistent global economic and political volatility—with internal momentum buffering external shocks—it must now aspire...
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India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
While major global economies are advancing digitalised energy frameworks, the India Energy Stack may be the most ambitious attempt by any country to integrate public infrastructure at scale through a unified ‘stack’ architecture. Following the success of Aadhaar as a national identity card and UPI for digital payments, the government announced an India Energy Stack...
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Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
He is unofficially regarded as the ‘grandad of India’s spacetech startup ecosystem’. After resigning from a high-level role as division head at the Indian Space Research Organisation (ISRO), Dr. Subba Rao Pavuluri founded Ananth Technologies Ltd (ATL) in Hyderabad in the early 1990s. It was a bold move, taken nearly three decades before India formally...
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Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
On 11 June, India’s premier exchange, the National Stock Exchange (NSE), received regulatory approval from SEBI to launch monthly electricity futures. Trading on the NSE platform begins on 11 July and will be accompanied by a liquidity enhancement scheme (LES) to encourage active participation and deepen the electricity derivatives market. In an exclusive interview with...