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...
Category: ECONOMY & POLICY
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CII President Rajiv Memani Offers Blueprint for a Competitive Viksit Bharat
The new CII presidentâs recommendations on disinvestment, taxation, manufacturing, AI and skilling come as India is poised to retain its position as the worldâs fastest-growing major economy, despite sustained global economic and geopolitical turbulence. While India remains a bright spot amid persistent global economic and political volatilityâwith internal momentum buffering external shocksâit 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 âstackâ 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)â: Dr. Subba Rao Pavuluri
He is unofficially regarded as the âgrandad of Indiaâs spacetech startup ecosystemâ. 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 volatilityâ: NSEâs Sriram Krishnan
On 11 June, Indiaâs 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...
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InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
The initiative aims to strengthen industry-academia linkages and support innovative research with direct relevance to Indiaâs infrastructure development. In a first-of-its-kind initiative, The Infravision Foundation (TIF) has announced the launch of an award to recognise and celebrate outstanding doctoral research that can advance Indiaâs vision of Viksit Bharat by 2047 in the infrastructure domain. Titled...
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REC Wins Leading CSR and Sustainability Award for Healthcare Support
REC, a Maharatna central public sector enterprise (CPSE) and a leading non-banking finance company under the Ministry of Power, has been conferred with the Corporate Social Responsibility & Sustainability Award 2024 in the category of âExcellence in Providing Support to Healthcare’ by the industry chamber ASSOCHAM. The award was presented during the sixth edition of the...
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HAL Set to Enter New Global Space Race with SSLV Contract Win
With the lower Earth orbit satellite launch market projected to reach $44 billion by 2032, IN-SPACe Chairman Pawan Goenka remains optimistic about Indiaâs aspirations to become the worldâs leading hub for small satellite launches, provided domestic firms can offer competitive services. In a key move that could accelerate Indiaâs ambitions to become a global hub...
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Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Multimodal logistics, connecting ports to the hinterland, empowers businesses to adopt diverse end-to-end transport solutions that enhance efficiency and strengthen supply chains, writes Adhendru Jain. The global trade landscape is in a state of flux, shaped by geopolitical uncertainty, shifting economic priorities and increasing demands for sustainable operations. According to an analysis by an international...
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REC Reports Strong Profit Growth
Power sector financier, REC, has reported a robust profit after tax of Rs.157.13 billion for the financial year ended March 31, 2025, driven by strong growth across all verticals, recalibration of interest rates on loan assets, and effective financial cost management. Earnings per share rose to Rs.59.55, up from Rs.53.11 in the previous year. The...