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...
Category: ECONOMY & POLICY
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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 India’s 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 India’s 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 ‘Excellence 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 India’s aspirations to become the world’s leading hub for small satellite launches, provided domestic firms can offer competitive services. In a key move that could accelerate India’s 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...
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Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India’s first bullet train corridor between Mumbai and Ahmedabad has reached a significant milestone with the completion of 300 km of viaducts. This achievement was marked by the launch of a 40-metre-long full-span box girder near Surat, Gujarat. The project has leveraged indigenously designed and manufactured equipment, including straddle carriers, launching gantries, bridge gantries, and...
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India Committed to Unlocking Energy Potential: Puri
With an economy reliant on imports for 80 per cent of its crude oil and 50 per cent of its natural gas, India is focused on building a resilient, future-ready energy ecosystem, Hardeep Singh Puri, Union Minister for Oil & Natural Gas, has said. Launching the Open Acreage Licensing Policy (OALP) Round-IX and Special Discovered...
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Gaganyaan Scheduled for 2027 Launch
India’s first crewed spaceflight programme, Gaganyaan, has entered its final phase, with the maiden human spaceflight now scheduled for the first quarter of 2027, according to Jitendra Singh, Minister of State, Department of Space. Singh said the successful test vehicle earlier this year laid a strong foundation for the next trial in 2025, followed by...
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Defence Budget Set for Rs.500 Billion Top-up
Following successful missile strikes on nine major terror camps in Pakistan, India is reportedly considering an additional Rs.500 billion defence allocation this fiscal, according to government sources. The military operation, which began on 7 May, was later extended to 11 air bases, crippling Pakistan’s air defence infrastructure. The neighbouring country has long been accused of...