Business

Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….

Indians are making changes to their travel patterns for the New Year, travelling to destinations beyond Thailand and Cambodia to regions like Vietnam, Indonesia, Sri Lanka, Japan and parts of West Asia, travel industry executives said. The transition comes after the two south Asian nations have been at continued border violence. The clashes, which continued…

Chile’s state-owned Codelco, the world’s leading copper producer, and private miner SQM, which features Chinese capital, announced Saturday the creation of a giant company to exploit lithium, a lightweight metal used in batteries for electric vehicles.The South American country is the world’s second-largest producer of lithium, a key component of EVs and other clean technologies,…

This is a representative AI image (Credit: Chatgpt) As the curtain begins to fall in 2025, India’s economic story resists easy labels. Was it the year the country was squeezed by global trade wars and tariffs? Or was it a rare “Goldilocks” moment, marked by strong growth, low inflation and ample policy room to support…

Sanjeev Sanyal (File pic) NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal.In an interview with ANI, Sanyal said a healthy economic system must allow…

MUMBAI: Zepto has filed draft IPO papers seeking to raise up to Rs 11,000 crore (around $1.2 billion) with markets regulator Securities and Exchange Board of India (SEBI) through the confidential route, people aware of the matter said.The bulk of the IPO, it is understood, will be a fresh issue of shares. A clutch of…

In its latest rich list for the year 2025, Hurun India awarded Indian-origin billionaire Jayshree Ullal, the Chief Executive Officer (CEO) and President of Arista Networks. With this achievement, she has successfully surpassed popular Indian-origin tech leaders such as Google’s Sundar Pichai and Microsoft’s Satya Nadella in the list of wealthiest executives in the tech…

Silver prices surged over 15 per cent last week to reach Rs 2.42 lakh per kg in the nation’s futures market. This rally was driven by strong industrial demand, expected US interest rate cuts in 2026, and concerns about supply disruptions. The price surge was mirrored globally, with silver reaching an all-time high of $79.70…

NEW DELHI: IndiGo has cancelled 13 flights scheduled for Sunday, citing forecasted bad weather across several airports, with two services affected by operational reasons. The cancellations impact routes to and from major cities, including Chandigarh, Mumbai, Ahmedabad, Hyderabad, Amritsar, Bengaluru, Delhi, Gaya, Kolkata, Chennai, Jaipur and Pune.The airlines on Saturday had cancelled 57 flights across…

Air India Express will get its first line fit Boeing 737-8 MAX aircraft on Monday, December 29 in New Delhi. It’s the first brand-new plane made specifically for Air India since Tata Group took over from the government in 2022. The aircraft, registered as VT-RNT, pays tribute to Ratan Naval Tata with a special livery…