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Consumers to buy and sell electricity! DERC greenlights peer-to-peer power trading pilot

Delhiites could soon change the way they use electricity! In a major move to reshape how power is bought and sold, the Delhi Electricity Regulatory Commission (DERC) has approved a framework allowing consumers to trade electricity directly with one another. The order clears the path for Tata Power Delhi Distribution Ltd and BSES Rajdhani Power…

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Union Budget 2026: Taxpayers, investors, consumers — who gains, who hurts?

Like every Union Budget, this year’s budget brings a mix of gains and pains for different sections of the economy. Finance minister Nirmala Sitharaman on Sunday presented a budget aimed at balancing growth, stability and reform.While the budget offers several compliance-friendly measures and targeted tax tweaks, it also tightens the screws in select areas to…

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Credit curbs: US banks flag risks to lending as Trump pushes 10% cap on card rates; consumers, small firms may take hit

US banks have flagged concerns over President Donald Trump’s call to sharply cut credit card interest rates, warning that such a move could restrict access to credit and hurt households and small businesses that rely heavily on cards, AFP reported.Trump said on Friday that from January 20, marking the first anniversary of his administration, he…

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Jharkhand High Court Strikes Down Excess Electricity Duty, Benefits Industrial Consumers | Events Movie News

Ranchi: The Jharkhand high court has struck down the excess duty charged by the electricity department by virtue of the Jharkhand Electricity Duty (First Amendment) Act 2021. The court has also held the amendment to be ultra vires and has struck it down which will benefit industrial consumers in the state.A division bench of HC…

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Big relief for consumers! IGL cuts down PNG prices from new year; check new rates

Indraprastha Gas Limited (IGL) has announced a cut in domestic piped natural gas (PNG) prices for households in Delhi and the National Capital Region, effective from the New Year.The company said prices will be reduced by Rs 0.70 per standard cubic metre (SCM), offering relief to residential consumers across the region. Following the revision, domestic…

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Trump threatens more tariffs on Indian rice! Why India has little to worry – and US consumers may bear the brunt

According to GTRI, Trump’s threat to impose new tariffs on Indian rice looks driven more by domestic politics than by trade logic. (AI image) US President Donald Trump has warned that more tariffs could be imposed on Indian rice, saying that India should not be ‘dumping’ its rice into America. Trump said he will ‘take…

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