Latest Sectors News

Developed with Germany's Aerovide, the Vayona 5.0/193 features a 193-metre rotor and is designed for India's wind and climate conditions, with local manufacturing and service View More

From a policy perspective, the Finance Ministry backs reviewing the norms, noting MSMEs’ varying working-capital needs and cash-flow cycles View More

The exchange comes as the government defends its satellite communication licensing process, insisting all operators must meet security requirements before launching services View More

Chief Economic Adviser V Anantha Nageswaran said a uniform 90-day overdue timeline does not suit all MSMEs, as businesses across sectors have different cash flow cycles View More

The absence of artificial intelligence focus in Indian equities, which is among factors blamed for the selloff by foreign investors, will turn into a "strength" in a year, and the same set of people will come back to bet on our other fundamentals, a top policymaker said on Thursday. The rupee, which has seen some sessions of a depreciation and is hurtling towards its lifetime lows, is likely to continue being under pressure, Chief Economic Advisor V Anantha Nageswaran said while speaking at SBI-Amundi India Investor Seminar here. "If the AI boom stumbles, India is well placed to gain... one year from now, we might find that the absence of an AI trade, will turn up to have been India's strength," Nageswaran said. Acknowledging that the absence of AI opportunities is considered a drawback of global investors when it comes to the country, the academic-turned-policymaker said India is set to have a "second mover advantage" on this front. Terming AI as a "borrowing story", Nageswaran sa View More

According to reports, Thermax plans to divest over 51% stake in its renewable energy subsidiary First Energy, with an estimated enterprise value of ?3,000 crore. View More

Thermax is banking on stronger order conversion, overseas expansion and industrial energy solutions to accelerate growth after a modest FY26 View More

India and Singapore are considering plans for a 2,000 MW cross-border power interconnection that could enhance energy security. The proposed land-based transmission corridor would connect Imphal in India to Singapore via Myanmar, Thailand, and Malaysia. View More

New Delhi: India and Singapore are exploring options for a proposed 2,000 MW cross-border power interconnection, Minister of State for power and renewable energy Shripad Yesso Naik said on Thursday. One of the options under consideration is a land-based transmission corridor of around 3,000 km connecting Imphal in India to Singapore through Myanmar, Thailand and Malaysia, Naik said while addressing the East Asia Summit energy ministers' meeting in Manila. The proposed interconnection has the potential to facilitate reliable cross-border electricity trade, support clean energy integration and strengthen regional energy security, he said. Naik said India was ready to share its experience in large-scale renewable energy deployment, grid integration, transmission planning, energy storage, green hydrogen and clean energy technologies with the participating easy Asian countries. Also read | Electricity subsidy for existing businesses is taxable, Supreme Court rules He called for greater institutional linkages between the ASEAN Centre for Energy and Indian institutions, including NTPC , Power Grid Corporation , Central Electricity Authority, among others. There are opportunities for cooperation on strategic petroleum reserves, electricity system resilience, LNG and gas supply security, renewable energy forecasting, battery energy storage, green hydrogen and other emerging energy technologies in the region, he said. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)

He spoke about the headwinds against the backdrop of slower growth in public debt as compared with other countries and the resulting long term resilience in the fundamentals of the economy View More

India must prepare for a tougher path to developed-economy status by 2047, the chief economic adviser said, citing five forces reshaping its prospects: geopolitics, supply-chain dependencies, China’s industrial scale, climate volatility, and AI alongside demographic change. View More