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PUNJAB ENERGY DEVELOPMENT AGENCY
CBI finds no evidence of corruption in case involving Nirav Modi; transferred to magistrateA special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...
Indian govt on "highest alert", orders agencies to stay vigilant after strikes on ships in the GulfUS-Iran war: India has directed its agencies to be on high alert. This is in response to recent attacks on Indian-crewed tankers. The gover...
Indian firms raise $3.76 bn via ECBs in April; Reliance, Air India among prominent borrowersIndian companies raised $3.76 billion through external commercial borrowings (ECBs) in April 2026, up from $2.91 billion a year earlier, RB...
US Treasury chief Bessent vows to tap Iran funds for its damage on Gulf alliesMinority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closureWhy are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
Punjab government abolishes date-of-birth based tie-breaker in board examsThe Punjab government has abolished the date-of-birth-based tie-breaker system in board exams to ensure fair ranking for all high-scoring s...
NIA raids 18 places in Punjab, Haryana in three terror-gangster network cases linked to Pak-based terrorist Shahzad BhattiThe National Investigation Agency conducted searches at 18 locations across Punjab and Haryana. These searches are part of investigations i...
Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
Over 100-year-old cooperative society transforming lives of farmers in PunjabA century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. T...
US Development FinCrop to invest $1.5 billion in Indo-Pacific energy platform, eyes South Asia buildoutThe US International Development Finance Corporation is investing $1.5 billion in a new energy platform for the Indo-Pacific. This major pr...
IREDA shares drop 4% post Q4 results. What’s spooking investors?IREDA's shares fell over 4% after reporting a nearly 2% year-on-year drop in Q4 FY26 net profit to Rs 493 crore, despite a 14% revenue incr...