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Torrent Power to acquire Nabha Power from L&T for Rs.6,889 crore

NEW DELHI, Feb. 16 -- Torrent Power Ltd has entered into a definitive agreement with L&T Power Development Ltd (L&TPDL), a wholly owned subsidiary of Larsen & Toubro (L&T), to acquire a 100% equity st... Read More


India adds a record 52.5 GW of power generation capacity so far in FY26

New Delhi, Feb. 15 -- Amid growing demand for power in the country, companies have installed a record power generation capacity of 52.53 GW in the country so far this financial year. The previous reco... Read More


Saudi Arabia India's top oil supplier in Feb as Russian flows recede after US trade deal

New Delhi, Feb. 14 -- Saudi Arabia has surpassed Russia as India's top oil supplier so far this month after a price cut, signalling New Delhi's effort to reduce imports from Moscow after its trade pac... Read More


Saudi Arabia India's top oil supplier in February

New Delhi, Feb. 14 -- Saudi Arabia has surpassed Russia as India's top oil supplier so far this month after a price cut, signalling New Delhi's effort to reduce imports from Moscow after its trade pac... Read More


Union cabinet clears Rs.1 trillion Urban Challenge Fund for market-led urban development

NEW DELHI, Feb. 14 -- The Union cabinet has approved schemes and infrastructure projects with a cumulative outlay of Rs.1.6 trillion, including the Urban Challenge Fund for urban development and the R... Read More


India's net direct tax collections rise 9.4% to Rs.19.43 trillion

New Delhi, Feb. 11 -- The central government's net direct tax collections, after accounting for refunds, stood at Rs.19.43 trillion so far this fiscal year, up 9.4% from a year earlier. Data released... Read More


India-US trade deal to boost exports, but energy, metals remain concerns: SBICaps

New Delhi, Feb. 10 -- While the framework for the India-US interim trade agreement is broadly positive for the economy, it could push up India's energy import basket and affect metals, according to a ... Read More


Goldman upgrades India 2026 growth forecast to 6.9%

new delhi, Feb. 10 -- India's economy is expected to grow 6.9% in 2026, from an earlier projection of 6.7%, buoyed by lower tariffs on exports under the framework of an interim trade agreement with th... Read More


Goldman Sachs raises India's 2026 growth forecast to 6.9% on lower US tariffs

New Delhi, Feb. 9 -- India's economy is now expected to grow 6.9% in calendar year (CY) 2026, up from an earlier projection of 6.7%, buoyed by lower tariffs on Indian exports under the framework of an... Read More


Green power reaches a choke point, and the search is on for a way out

New Delhi, Feb. 9 -- The Centre has stepped in to resolve the green power quagmire of surplus production and insufficient transmission, following sweeping production cuts at solar and wind farms. The ... Read More