India’s renewable energy (RE) sector is likely to attract $350 billion investments over five years, with major expansion plans in domestic module manufacturing capacity and additional 41 gigawatt (Gw) of energy storage capacity to support the larger 500 Gw clean energy target by 2030, New and Renewable Energy Minister Pralhad Joshi said on Wednesday in a fireside chat with Sudheer...
Business
Tata Sons board defers decision on third term for chairman Chandrasekaran
The board of Tata Sons on Tuesday deferred a decision on reappointing N. Chandrasekaran as chairman for five more years after objections from Tata Trusts chairman Noel Tata, two executives aware of the matter said. The development signals continuing tensions at Tata Trusts that are casting a shadow over the Tata Sons board, given that two of the Trusts had...
India AI Summit 2026: Jio with Reliance to invest ₹10 lakh crore over seven years, Mukesh Ambani announces
Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani on Thursday (February 19, 2026) announced ₹10 lakh crore investment by his group as he promised to revolutionise artificial intelligence, as he did with mobile data. Speaking at India AI Impact Summit in New Delhi, Mr. Ambani said the best of AI is yet to come and that AI can usher...
Warner Bros rejects revised Paramount bid But Remains Open To A Final Offer
board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying itsrevised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject. In a letter to shareholders on Wednesday, Warner Bros’ board said Paramount’s offer hinges on “an extraordinary amount of debt financing” that heightens the risk of closing. It reaffirmed its commitment...
India adds more than 50k MW of power generation capacity in current financial year
India has added 52,537 megawatts (MW) of electricity generation from all sources combined in the ongoing financial year until January 31, the Union Ministry of Power said on Sunday (February 15, 2026). This translates to an addition of more than 11% to the total installed capacity of the country at end of the erstwhile financial year. “This [also] marks the...
Tata Motors bags order to supply 70,000 commercial vehicles to Indonesia
Tata Motors has entered into an agreement to supply 70,000 commercial vehicles (CV) for deployment in Indonesia through a wholly owned indirect subsidiary, PT Tata Motors Distribusi Indonesia. According to industry insiders, this is the largest single order secured by any CV manufacturer in the country. The company did not disclose the order value or the delivery timeline. Tata Motors...
Mcap of 8 top valued firms surges by ₹4.55 trn, Reliance biggest winner
The combined market valuation of eight of the top 10 valued firms jumped by a whopping Rs 4.55 trillion last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities. Last week, the BSE benchmark surged by 2,857.46 points or 3.53 per cent. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel,...
India’s Forex kitty jumps by $14.361 bn to new peak of $723.774 bn
Mumbai: India’s forex reserves jumped by another USD 14.361 billion to a new all-time high of USD 723.774 billion during the week ended January 30, the Reserve Bank said on Friday. In the previous reporting week, the forex kitty had increased by USD 8.053 billion to USD 709.413 billion, surging past the earlier all-time high of USD 704.89 billion recorded...
Gold Drops by Over Rs 5k per 10gm, Silver Price Crashes
After posting gains for two consecutive sessions, gold prices in India reversed sharply on Thursday, February 5, 2026, slipping back into the red amid global market volatility and profit booking. As per the latest rates, 24 Karat gold fell by Rs 502 to Rs 15,442 per gram, while 22 Karat gold declined by Rs 460 to Rs 14,155 per gram....
Sensex, Nifty Jump, Rupee Strengthens As Markets Cheer India-US Trade Deal
Battered by the budget 48 hours ago, the markets swung violently the other way Tuesday morning after US President Donald Trump announced the long-pending India-US trade deal had been agreed. The Sensex opened over 3,600 points in the green to cross 85,000 after having closed Monday at 81,666.46, and the similarly bruised Nifty50 gained 1,200 points from its Monday close of 25,088.40. At opening all sectoral indices...
Gold rate falls 3%, silver prices crash 6% after Budget presentation
Gold rate saw a drop of 3 per cent, and silver prices of 6 per cent after Union Finance Minister Nirmala Sitharaman presented the Union Budget Sunday. Gold prices continued to slump again, trading at Rs 143,321 per 10 grams, down 3 per cent. The price of silver in India today, on Monday, February 2, is ₹300 per gram and...
India allows European Union banks to open 15 branches in four years
India has allowed the European Union (EU) banks to open up to 15 branches over four years in the country once the trade pact takes effect, while Indian banks will face no cap on branch openings in the EU, a commerce ministry official said. India made a similar offer in its trade agreement with New Zealand, permitting up to 15...