Sudheer Pal Singh

MNRE, finance ministry in talks to launch PLI scheme for polysilicon

The ministry is in discussions with the finance ministry to introduce incentives for domestic polysilicon production, aiming to reduce import dependence and build a fully integrated solar manufacturin

Cabinet clears ₹40,000 crore hydropower projects in Arunachal Pradesh

Cabinet approves Rs 40,000 crore investment in two hydropower projects in Arunachal Pradesh to boost power supply, support flood control and strengthen the national grid

Cabinet approves ₹79,459 crore investment in HPCL Rajasthan refinery

Cabinet approves revised Rs 79,459 crore cost for HPCL Rajasthan refinery, boosting petrochemical output and supporting energy security and import substitution

Cabinet approves ₹13,037 crore Jaipur Metro Phase-2 expansion project

Union Cabinet approves Rs 13,037.66 crore Jaipur Metro Phase-2 project, a 41-km corridor with 36 stations, aimed at boosting connectivity and public transport in the city

India's finished steel consumption rises 7% to 164 MT in 2025-26

India's finished steel consumption rose 7 per cent to 164 million tonnes in 2025-26, supported by strong demand from infrastructure, construction and manufacturing sectors

Govt sets new rules for coal gasification mining plans to boost output

New norms aim to boost syngas production from coal and lignite through gasification technology, while ensuring minimal surface impact, scientific planning, and regulatory compliance

Mines Ministry amends auction rules to fast-track mine operationalisation

Government revises mineral auction rules to ease constraints, allow exclusions, and extend timelines, aiming to accelerate mine operationalisation and boost sector efficiency

Power ministry pushes insurance surety bonds as bank guarantee alternative

Centre asks states to accept insurance surety bonds in power procurement to ease liquidity constraints, reduce credit exposure, and boost participation across energy projects

Indian Railways approves ₹1,364 crore for Kavach, signalling upgrade

Projects include Kavach rollout on locomotives, fibre network expansion, and electronic interlocking systems to strengthen safety and communication infrastructure

Mines Ministry amends rules to include contiguous areas in leases

New rules allow inclusion of contiguous areas and associated minerals in leases, aiming to boost exploration, improve efficiency, and enhance critical mineral production

West Asia conflict: Predictable expenses likely to boost EV demand

CSEP study says high crude prices may accelerate EV transition, but electric cars will continue to rely on fiscal incentives to remain competitive with ICE vehicles till 2030

Ship carrying Iranian oil shifts course from India to China, says Kpler

Iranian crude tanker reroutes from Gujarat to China amid tightening payment terms, underscoring rising sensitivity of oil trade flows during West Asia tensions

IMF, IEA, World Bank join hands to manage West Asia crisis impact

IMF, IEA and World Bank form coordination group to assess and manage energy and economic fallout of West Asia crisis, focusing on supply disruptions and global stability

M&As surge in India's RE sector as investors eye de-risked route to scale

India's renewable energy sector is witnessing a surge in M&A activity as investors opt for faster, de-risked growth amid strong capacity targets, policy push, and rising demand visibility

Two Indian LPG vessels pass Hormuz, headed for Mumbai and Mangaluru

Two LPG carriers with 94,000 tonnes of cargo have crossed the Strait of Hormuz and are heading to Indian ports, even as supply pressures persist amid the ongoing West Asia crisis

Govt raises commercial LPG allocation to 70%, prioritises industries

The oil ministry had allotted 40 per cent of the pre-crisis commercial LPG quota to states through three separate directives earlier this month

West Asia conflict: Govt steps in to shield OMCs via big duty cuts

Move to cost exchequer ₹1.3 trn in FY27; export duty reimposed

India cuts fuel duty on petrol & diesel, imposes export levy on diesel, ATF

Ministers say decision aims to cushion consumers and support oil marketing companies as crude prices surge amid Iran War

High energy prices may impact FY27 fiscal position; buffers available: ICRA

Elevated global crude and gas prices may affect India's FY27 fiscal position, though buffers such as expenditure savings and fiscal tools could help manage pressures, ICRA said

A month of LPG supply arranged amid West Asia conflict, says govt

The demand for LPG cylinders had risen to 89 lakh due to panic ordering by consumers and has now come down to 50 lakh cylinders again