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ELECTRICITY COSTS FOR INDUSTRIES
Cheaper to run, but costlier to buy? New CAFE III rules kick in from April 2027; here's how your next car could be affectedIndia’s CAFE III fuel-efficiency norms will take effect from April 1, 2027, tightening fleet-average targets for automakers until March 203...
Canadians could claim up to $10,000 under Carney’s heat pump rebate: Check date, who qualifies and when applications openCanadian Prime Minister Mark Carney has announced a $2 billion national heat pump rebate program aimed at helping Canadians lower home ener...
Google, Amazon, Meta, Apple fuel India's renewable energy boom as data centre demand surgesMajor technology companies like Google, Amazon, Meta, and Apple are increasingly purchasing renewable energy in India. Their expanding data...
Asia races to stockpile oil, speed up renewables in response to Iran warAmid the uncertainties triggered by the Iran war, Asian countries are stepping up their oil storage frameworks. The Philippines is on a mis...
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
India’s great market disconnect: The economy says steady, but stocks say trouble. Which signal should investors trust?India's macroeconomic fundamentals indicate strong growth despite the Nifty index losing 13% this year. While industrial production and cor...
India’s factories power up as demand, output and hiring improve in Q2: FICCI surveyManufacturing sentiment in India improved noticeably in the second quarter of FY27, reflecting increased expectations for production and de...
PTC shares soar nearly 34% after Schneider Electric agrees to $22.6 billion buyoutIn a strategic move, Schneider Electric has agreed to acquire PTC for $22.6 billion in cash. The acquisition reflects ongoing shifts in the...
Schneider Electric to buy US software firm PTC for $22.6 billionFrench energy and software group Schneider Electric said Monday that it would buy PTC, a US-based maker of software for industrial clients,...
Variable dearness allowance hike from October 1: Check revised minimum wages for workers across categoriesVariable dearness allowance: The government has announced an increase in Variable Dearness Allowance affecting various sectors including ag...
The business case for climate actionThe former IKEA CEO and Earthshot Prize chair argues that climate change and nature loss have become immediate business risks, not future c...
PLI push and rising demand take AC makers deeper into South IndiaLeading air-conditioner manufacturers are moving production facilities from North India to South India due to several advantages. Significa...
Can nuclear reactors really travel by truck? The tiny power plants raising huge questions about cost, safety and securityFor decades, nuclear power has been associated with enormous plants, complex infrastructure and large cooling systems. A new generation of ...
India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
GEC-III scheme to unlock next growth phase for India renewables sectorThe Union Cabinet approved the GEC-III scheme, earmarking Rs 1.86 lakh crore for developing transmission systems and battery storage. This ...
Palmonas' offline push; IndiaAI's GPU crunchHappy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s...