Page 3 - India

India cautions lenders on financing new solar module units amid oversupply

Several Indian companies have expanded solar module capacity over the past three years, targeting exports to the United States

Enhancing margins: Weak rupee a silver lining for IT services companies

The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe

RBI steers away from aggressive intervention as rupee touches new lows

RBI is intervening mainly to smooth volatility rather than defend specific levels as the rupee hits fresh lows amid outflows and trade-deal uncertainty, with its forward position limiting room to act

Putin in Delhi: Can India plug its $60bn Russia trade gap?

India and Russia are chasing a $100 billion trade goal, but India is staring at a $60 billion trade deficit driven largely by Russian oil.

ADB approves $650 mn loan to boost India's rooftop solar rollout by 2027

Multilateral development bank ADB has approved a USD 650 million (about Rs 5,780 crore) policy-based loan to help the Government of India accelerate rooftop solar adoption and expand access to clean, affordable energy for 10 million households by 2027. The financing under Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program will support the government's flagship initiative Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY) which aims to make rooftop solar systems widely accessible nationwide, ADB said in a statement on Tuesday. The programme is accelerating India's clean energy transition by removing long-standing barriers to rooftop solar adoption, including financing constraints and regulatory gaps, ADB Country Director for India Mio Oka said. It is making rooftop solar affordable and accessible for millions of households while creating green jobs, empowering women, and strengthening the financial health of the power sector, she

India’s costliest car number plate sold for ₹1.17 crore — who bought it?

A Haryana businessman has purchased India’s most expensive vehicle registration number — HR88B8888 — for a record ₹1.17 crore through an online auction.

Assam passes anti-polygamy bill as CM Himanta promises UCC if re-elected

The Assam assembly on Thursday passed a bill to ban polygamy, making it an offence which may lead to a maximum of 10 years of imprisonment, barring some exceptions. It kept people belonging to the Scheduled Tribe (ST) category and areas under the Sixth Schedule out of the purview of the legislation. During the passage of the Assam Prohibition of Polygamy Bill, 2025, Chief Minister Himanta Biswa Sarma, who also holds the portfolio of the home and political departments, said the law is "irrespective of religion and not against Islam as being perceived by a section". "The Hindus are not free from polygamy. That's also our responsibility. This bill will cover people from Hindu, Muslim, Christian and all other societies," he added. Despite the CM's request to all opposition members to withdraw their respective amendments to send a message from the House that the bill is passed unanimously to empower women, AIUDF and CPI(M) went ahead with their modification suggestions, which were defea

Delhi pollution protest turns violent at India Gate; pepper spray used

A demonstration demanding clean air in Delhi escalated into chaos at India Gate on Sunday, with police alleging that protesters used pepper spray on officers, blocked emergency routes

India diversifies exports as shipments to US decline: SBI research report

Share of India's merchandise exports to other countries increased as shipments to the US declined since July 2025, indicating diversification of export basket across product categories, according to an SBI research report. India's total merchandise exports during April-September 2025 inched up by 2.9 per cent to USD 220 billion compared to USD 214 billion in the year-ago period, the report said. Cumulative exports to the US also registered a growth of 13 per cent to USD 45 billion in the April-September period from USD 40 billion in the year-ago period, though there could be some front-loading effects to the aftermath, with September figures registering negative year-on-year growth of about 12 per cent, said 'Ecowrap', the SBI's research report. The report further said the share of the US in India's exports has been declining since July 2025, falling to 15 per cent in September, mainly because of a decline in exports of marine products, precious and semi-precious stones, ready-made

India-Brazil joint press meet: Watch PM Modi's remarks

India-Brazil joint press meet: Watch PM Modi's remarks

RBI relief for exporters; insurers face DPDP overhaul, India’s Bloomberg index inclusion prospects

To cushion exporters from the steep 50% US tariff, the RBI has announced relief measures, including easing debt repayment pressure and extending flexibility in export credit.

Jeddah Consulate opens camp in Madina, Consul General meets crash survivor

The Consulate General of India in Jeddah has set up a camp office in Madina to assist the families of Indians who died in a bus accident involving Haj pilgrims in Saudi Arabia, the mission said on Tuesday. Forty-four Indian Umrah pilgrims, including 42 from Telangana, were killed in a collision involving their bus and a fuel tanker near Madina in the wee hours of Monday. The local authorities had confirmed that there is one Indian survivor, and he is undergoing medical treatment. In a social media post, the Consulate said it has set up the camp office in the Indian Haj Pilgrims Office in Madina to assist the families of Indians who died in the accident. In a separate post, the mission said Consul General Fahad Ahmed Khan Suri met Abdul Shoeb Mohammed, the lone survivor of the accident, who is currently undergoing treatment at a hospital in Madina. "Concerned hospital authorities have informed that the best possible medical care is being provided to him. Consulate wishes him a spee

Sheikh Hasina sentenced to death in Bangladesh: A turning point in Dhaka’s political crisis

A Bangladesh tribunal has sentenced former Prime Minister Sheikh Hasina to death for crimes against humanity linked to last year’s student protest crackdown. The verdict, delivered in absentia

Moving India: So near yet so far for Gujarat's transport infrastructure

The fourth of a six-part series examines why daily commute in Ahmedabad, Gandhinagar, and GIFT City remains a challenge despite better bus and metro services, and new infrastructure

Prez Murmu leads Indian diaspora in Botswana to honour Delhi blast victims

President Droupadi Murmu on Thursday led the Indian community Botswana to pay condolences to the victims of the recent blast in Delhi. A high-intensity blast outside the Red Fort in Delhi on Monday claimed at least 13 lives. President Murmu, during her interaction with the members of the Indian diaspora on the last day of her three-day State Visit, expressed her heartfelt condolences to the families of those who lost their lives and wished for a quick recovery of the injured. After the National Anthem and an introductory welcome by Indian High Commissioner to Botswana, Bharath Kumar Kuthati, Murmu asked the members of the Indian community in the hall to pay respect to the departed souls. The gathering stood up and remained silent for a minute. The Indian community in Botswana is about 10,000 strong and engaged in sectors such as education, health, diamond processing and some other trades. The Indian community's achievements are a source of pride for India and their success enhance

India unfolds priorities in Belem but yet to show its climate cards

2025 was among the 3 hottest years on record, accompanied by a record-breaking glacier loss, lowest Arctic sea ice on record and record increase in atmospheric carbon dioxide from 2023-24

Green H2 output target may be delayed by 2 years, says MNRE secretary

The policy uncertainties in Europe and the IMO's decision to defer its net-zero framework by a year were the prime factors for the target revision, said Santosh Sarangi

India, Angola sign MoUs to boost cooperation in trade, marine sectors

India and Angola on Sunday exchanged multiple Memorandums of Understanding (MOUs) to strengthen bilateral ties on subjects like fisheries, aquaculture and marine resources during the first day of President Droupadi Murmu's official engagements in the African country. The President is on a four-day state visit to the country between November 8-11. This is the first visit by an Indian president to Angola. Murmu was officially welcomed at the Presidential Palace here by Angolan President Joo Manuel Gonalves Loureno, starting with a 21-gun salute and a ceremonial guard of honour. The two leaders later sat down for delegation-level talks, following which MOUs were exchanged between the two countries, followed by a joint reading of statements before the press. Murmu said the partnership between India and Angola was built on "mutual trust, respect and a shared vision for the prosperity of our peoples." She thanked the Angolan people and the government for hosting her delegation in their

India may double sugar exports as ethanol diversion falls sharply

Higher exports from the world's second-largest sugar producer could pressure benchmark New York and London futures, which are hovering near five-year lows

India repatriates 270 citizens who fled from Myanmar scam hub to Thailand

India on Thursday repatriated 270 of its nationals from Thailand in two military transport aircraft, days after they fled to Thai border town of Mae Sot from a notorious scam centre in Myanmar following a crackdown on it. Around 500 Indian nationals were among 1,500 people from 28 countries who crossed over to Thailand late last month following the raid on the cybercrime hub of KK Park in Myanmarese city of Myawaddy. The Indian embassy in Bangkok said the Thai government has facilitated repatriation of 270 Indian nationals, including 26 women, from Mae Sot to India by two special flights operated by the Indian Air Force. These Indian nationals recently crossed into Thailand from Myawaddy where they were allegedly working in the cyber scam-centres, it said on social media. The Indians were detained by Thai authorities for violation of the country's immigration laws when they had entered it illegally, the Indian mission said. India is expected to operate more flights on Friday to br