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Sweta Goswami

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Falling renewable costs alone won’t lower electricity bills; Govt working on action plan

BUSINESS

Falling renewable costs alone won’t lower electricity bills; Govt working on action plan

While solar and wind generation costs have fallen sharply, government officials and experts warn that without transmission, storage, and integration measures, retail power tariffs could rise.

India-EU kick off fresh round of FTA talks as clock tick on year-end deadline

BUSINESS

India-EU kick off fresh round of FTA talks as clock tick on year-end deadline

Carbon tax and market access for automobiles and steel, rules of origin, and barriers in services are the remaining sticking points, officials have said

Rare earth magnet curbs, FTA uncertainty stall govt's ambitious electric car manufacturing scheme

BUSINESS

Rare earth magnet curbs, FTA uncertainty stall govt's ambitious electric car manufacturing scheme

Asked if the scheme will be revised or the deadline extended, the Ministry of Heavy Industries replied that 'no such proposal is presently under consideration'

India targets geothermal push in Ladakh, Himachal and Gujarat: Pralhad Joshi

BUSINESS

India targets geothermal push in Ladakh, Himachal and Gujarat: Pralhad Joshi

A fresh tender seeking bids for offshore wind projects is likely by March, 2026.

No single framework enough to regulate dark patterns, says consumer affairs minister

BUSINESS

No single framework enough to regulate dark patterns, says consumer affairs minister

The government will continue to monitor, audit and hold platforms accountable because as companies evolve, so do their tactics, Pralhad Joshi tells Moneycontrol

Cheap clean energy to power India as leading renewable, green hydrogen player, says Pralhad Joshi

INTERVIEW

Cheap clean energy to power India as leading renewable, green hydrogen player, says Pralhad Joshi

Expansion of transmission infra, expansion of PM Surya Ghar and green hydrogen scale-up are among the steps the government will take to meet its clean-energy targets, the new and renewable energy minister tells Moneycontrol

India pushing for FDI-linked FTAs to attract global investors, says Commerce Secy Rajesh Agrawal

BUSINESS

India pushing for FDI-linked FTAs to attract global investors, says Commerce Secy Rajesh Agrawal

Rupee weakness isn’t a concern for exporters, but October’s wider trade gap was driven by a spike in precious metals imports, said Commerce Secretary Rajesh Agrawal.

Atomic energy bill likely in Winter Session, but changes to nuclear liability law may have to wait

BUSINESS

Atomic energy bill likely in Winter Session, but changes to nuclear liability law may have to wait

The Atomic Energy Bill sets the groundwork for wider participation and faster project execution in the nuclear sector. Yet, amendments to the liability regime—crucial for investor confidence—are expected to slip beyond the Winter Session of the Parliament.

India begins trade talks with Russia-led EAEU today

BUSINESS

India begins trade talks with Russia-led EAEU today

India is also eyeing a trade pact with Africa’s oldest customs union - SACU - to expand market access and diversify export routes.

India’s exports bounce back in November after October slump

BUSINESS

India’s exports bounce back in November after October slump

On special economic zones (SEZs), Union commerce and industry minister Piyush Goyal said inter-ministerial discussions are "going on very actively" to make the units in these zones competitive. Surplus capacity in SEZs can be used to reduce imports from countries such as China and ASEAN, he said.

India–Canada ties warm up with a $50 billion trade plan — why it matters now?

BUSINESS

India–Canada ties warm up with a $50 billion trade plan — why it matters now?

The reset marks a shift from strained political ties to renewed economic cooperation, with both sides eyeing deeper trade, technology and energy partnerships.

Jan Vishwas Bill-3 will decriminalise at least 275 more business offences: Piyush Goyal

BUSINESS

Jan Vishwas Bill-3 will decriminalise at least 275 more business offences: Piyush Goyal

The recently enacted labour codes will provide substantial benefits to unorganised workers and gig workers, said Union minister for commerce and industry Piyush Goyal. He said these workers previously had to navigate numerous forms, inspections and complex regulations, whereas the new framework simplifies processes and ensures access to proper facilities, social security and better working conditions.

Decision on stuck renewable energy projects expected within 45 days, says Pralhad Joshi

BUSINESS

Decision on stuck renewable energy projects expected within 45 days, says Pralhad Joshi

The Union minister further said the government is finalising the contours of the third phase of Green Energy Corridor in India for evacuation of renewable energy.

Govt eyes small-hydro policy in Union Budget 2026 amid 16,000 MW untapped potential

BUSINESS

Govt eyes small-hydro policy in Union Budget 2026 amid 16,000 MW untapped potential

India has an estimated 21,133 MW of small-hydro potential, of which at least 5,000 MW has been developed, leaving around 75 percent untapped, mostly in Himalayan and northeastern states, according to government data seen by Moneycontrol.

GST cut on solar modules offers limited relief as developers flag input credit challenges

BUSINESS

GST cut on solar modules offers limited relief as developers flag input credit challenges

Power regulator CERC issued a suo motu order on November 4 directing all renewable energy developers (solar, wind, etc.) to pass on the benefit of the reduced tax rate to the discoms and, ultimately, to end consumers through a corresponding reduction in the electricity tariff.

Govt working to boost investment in India, boost FDI and FII: Piyush Goyal

BUSINESS

Govt working to boost investment in India, boost FDI and FII: Piyush Goyal

Goyal says “good news” on an India–US trade deal will come once the agreement is fair and balanced, saying ties remain strong and strategic despite differing paces across issues.

Centre nudges states to monetise power transmission assets

BUSINESS

Centre nudges states to monetise power transmission assets

Centre pushes states to monetise transmission assets through a proposed tax-efficient model as India readies for a massive grid expansion requiring Rs 9.1 lakh crore by 2032.

RJ Corp’s Voltsun to invest Rs 1,700 cr to manufacture solar components in Andhra Pradesh

BUSINESS

RJ Corp’s Voltsun to invest Rs 1,700 cr to manufacture solar components in Andhra Pradesh

AP’s clean-energy push gets a boost with RJ Corp’s Voltsun announcing a major solar cell and module plant in Naidupeta SEZ.

Govt’s SEZ overhaul may offer relief to gems and jewellery sector facing tariff pressures

BUSINESS

Govt’s SEZ overhaul may offer relief to gems and jewellery sector facing tariff pressures

Proposed norms to ease sales into the Domestic Tariff Area (DTA), permit reverse job work and streamline Special Economic Zone (SEZ) operations aim to cushion jewellery units hit by a sharp fall in US-bound exports.

What the Cabinet’s critical minerals royalty decision means

BUSINESS

What the Cabinet’s critical minerals royalty decision means

Lower royalty rates may attract bidders for critical mineral blocks, but without domestic refining capacity, India’s clean-energy and electronics supply chains will remain import-dependent, say industry experts.

Centre to temporarily slow down renewable energy tenders, cancel unviable projects as generation outpaces absorption capacity

BUSINESS

Centre to temporarily slow down renewable energy tenders, cancel unviable projects as generation outpaces absorption capacity

Ministry of New and Renewable Energy (MNRE) will cut the pace of renewable energy auctions in FY26-27 amid surplus supply and connectivity hurdles. However, India is still on track to achieve its 500 GW non-fossil fuel-based power generation target by 2030, MNRE Secretary Santosh Kumar Sarangi told Moneycontrol.

Tata Power targets data centres as new growth engine; aims 100% clean energy supply by 2030: CEO Praveer Sinha

BUSINESS

Tata Power targets data centres as new growth engine; aims 100% clean energy supply by 2030: CEO Praveer Sinha

Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.

Tata Power to set up 10GW solar ingot and wafer plant in India

BUSINESS

Tata Power to set up 10GW solar ingot and wafer plant in India

Tata Power reported a marginal decline in its consolidated net profit for the second quarter of FY26, coming in at Rs 919.4 crore, down 0.7 percent year-on-year from Rs 926.5 crore. CEO Praveer Sinha attributed this to heavy monsoon across India which dampened electricity demand.

India's Green Hydrogen Mission target to be delayed by two years: MNRE Secretary

BUSINESS

India's Green Hydrogen Mission target to be delayed by two years: MNRE Secretary

Global policy uncertainty has dampened export-linked offtake under India’s National Green Hydrogen Mission (NGHM), slowing final investment decisions and pushing back timelines for large-scale green hydrogen and ammonia projects.

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