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India is expected to see a sharp surge in battery energy storage capacity this year, with additions likely to rise almost ten times to around 5 GWh in 2026 from 507 MWh in 2025, driven largely by a massive pipeline of projects now moving into the execution stage.According to a study released by the India…
NEW DELHI: The Supreme Court on Tuesday observed the unusually high number of interlocutory applications being filed in the stray dogs case. It also remarked that these many applications are not even seen in human cases.A bench of Justices Vikram Nath and Sandeep Mehta observed this when two lawyers mentioned the interlocutory application filed by…
A sharp increase in taxes on cigarettes, along with a new excise duty structure on tobacco products, could trigger a surge in illicit trade and lead to significant revenue losses for the government, experts have warned.Earlier this week, the finance ministry notified amendments to the Central Excise Act, introducing a fresh excise duty ranging from…
Passenger vehicle (PV) wholesales in India rose to a record 45.5 lakh units in calendar year 2025, marking a growth of nearly 6 per cent, as policy tailwinds in the second half helped the industry overcome a sluggish start, according to industry estimates, PTI reported.The industry surpassed its previous peak of 43.05 lakh units in…
NEW DELHI: The record-breaking vehicle sales in the city in 2025 come with a warning — the growth is overwhelmingly driven by private vehicles, not public or shared transport.Of the 8,16,051 new registrations, around 7.2 lakh were private vehicles, highlighting that most buyers added personal vehicles rather than choosing public transport. About 75% of these…
Domestic natural gas consumption to surge by 3-45 in FY27 by expansion of City Gas Distribution: ICRA The domestic natural gas consumption is expected to rebound and grow by 3-4% year-on-year in FY2027 after witnessing a phase of near-term moderation in FY2026, according to a report by ICRA.The report highlighted that the recovery in gas…
Asian shares edged lower on Tuesday, tracking a slump in Wall Street’s technology stocks, while silver and gold steadied after a sharp pullback from record highs cooled an extraordinary rally in precious metals.Silver was the biggest mover overnight, plunging 8.7% in its steepest one-day fall since August 2020, unwinding from what had become a parabolic…
Gold and silver are expected to hold their ground in the coming week as traders look to the US Federal Reserve’s meeting minutes for cues on the monetary policy outlook, analysts said, even as trading volumes remain subdued due to limited data releases.According to PTI, market participants will track the minutes of the Federal Open…
There has been a massive surge in Russian alcohol exports to India in 2025. Shipments increased nearly four times, as compared to last year. Data from Russia’s Federal Centre for Agricultural Export Development, shows exports of spirits, mainly vodka, having reached 520 tonnes worth $900,000 in the first ten months of the year.According to the…
Logistics and transportation services provider Yatayat Corporation India Ltd has filed draft papers with markets regulator Sebi to raise funds through an initial public offering, as the road freight segment continues to see strong demand, PTI reported.According to the draft red herring prospectus (DRHP), the proposed IPO will comprise a fresh issue of up to…
