When global supply chains tremble, the impact is felt far beyond the conflict zone. For India, the recent disruptions in the Strait of Hormuz—a narrow waterway through which nearly one-fifth of the world’s petroleum trade passes—have served as a stark reminder of the risks of import dependence. In response, the Government of India has quietly […]
There’s a quiet transformation unfolding across India—and it’s changing not just how the country powers its homes, but how it positions itself in an increasingly uncertain world. Consider this: over 51.93% of India’s installed power capacity now comes from non-fossil fuels. That’s not just a statistic—it’s proof that the country has surpassed its 50% target […]
In just over a year, something remarkable has happened across India. Since the launch of the PM Surya Ghar Muft Bijli Yojana in February 2024, nearly 10,000 MW of rooftop solar capacity has been installed. That’s not just a statistic—it’s millions of households finally taking control of their electricity bills. What makes this scheme truly […]
Securing a term loan of ₹5,000 crore for the Koderma Thermal Power Station (KTPS) Phase-II is a significant move towards enhancing Damodar Valley Corporation’s (DVC) financial structure. Central Bank of India and State Bank of India worked together to get the loan, demonstrating a cooperative approach to project finance. Attended by top executives from both […]
A comprehensive market borrowing program totalling ₹1.6 lakh crore for the financial year 2026-27 was approved by the Board of Directors of REC Limited, a Maharatna Government of India firm and premier power sector lender. The Board meeting that took place on March 25, 2026, was the occasion for the decision. Renewable energy and infrastructure […]
The most recent version of the Finacle Core Banking Solution will be upgraded by Producers Bank, a bank in the Philippines, according to an announcement made by Infosys Finacle and EdgeVerve Systems, a wholly-owned subsidiary of Infosys. The bank plans to increase its lending to retail clients and small and medium-sized businesses (SMEs) by using […]
According to media reports citing authorities, the US has put forward a comprehensive 15-point plan to Iran to stop the conflict and dismantle Tehran’s nuclear program. The plan, which was put up by the Trump administration, lays out a wide-ranging strategy to end the war, limit Iran’s nuclear and missile capabilities, and change the way […]
At the 2026 Bharat Electricity Summit (BES), Power Finance Corporation Limited (PFC) demonstrated its growing role as a technology enabler by showcasing a set of technologies for improving power distribution and speeding up grid modernisation that were both indigenous and driven by artificial intelligence (AI). Expanding its role beyond that of a traditional bank, PFC […]
To prevent touts from abusing the booking system and to provide customers more leeway to change their boarding stations, Indian Railways has updated its policies on ticket cancellation. The revised system, which will be put into place in stages from April 1, 2026, to April 15, 2026, will be more stringent in its linking of […]
In an effort to increase energy security and decrease reliance on foreign fuels, the Indian government has established new policy guidelines to expedite the construction of pipelines for natural gas and petroleum. On March 24, the order was announced in the official gazette under the title of Natural Gas and Petroleum Products Distribution (Through Laying, […]
