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Solar Accounts For Record 10.9% Of India's Power Generation In Q1 FY27

New Delhi, Aug. 1 -- Solar power accounted for 10.9 percent of India's total electricity generation during the April-June quarter of FY27, crossing the 10 percent mark for the first time, according to... Read More


RBI Forex Swap Facility Attracts USD 40.82 Bn Inflows Till July-End

New Delhi, Aug. 1 -- The Reserve Bank of India (RBI) on Saturday said its concessional swap facility has attracted foreign exchange inflows of USD 40.82 billion as of July 31, 2026. The facility, int... Read More


Govt Unveils Rs 84,084 Cr Offshore Exploration Scheme To Boost Oil And Gas Output

New Delhi, Aug. 1 -- The Union Cabinet, chaired by Prime Minister Modi, has approved 'Samudra Manthan'-the National Offshore Exploration Scheme-with an outlay of Rs 84,084 crore for implementation up ... Read More


Govt Clears Rs 5,070 Crore PM Surya Sarovar Yojana For 5,000 MW Floating Solar Push

New Delhi, Aug. 1 -- The Union Cabinet, chaired by Prime Minister Modi, has approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY), a new scheme aimed at developing floating solar photovoltaic (FSP... Read More


PM-KISAN Scheme Extended To 2030-31, Cabinet Clears Rs 3.15 Lakh Crore Plan

New Delhi, Aug. 1 -- The Union Cabinet, chaired by Prime Minister Modi, has approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from 2026-27 to 2030-31, with a total f... Read More


RBI Enables Differential Pricing For Bulk Deposits Under Revised LCR Norms

New Delhi, Aug. 1 -- The Reserve Bank of India (RBI) has issued revised guidelines allowing banks to offer different interest rates on bulk deposits based on their liquidity risk. At the same time, th... Read More


India's Crude Oil Import Bill Surges 61% To Record USD 49.66 Billion In Q1 FY27

New Delhi, Aug. 1 -- India's crude oil import bill rose 61 percent year-on-year to a record USD 49.66 billion in the first quarter of FY27, as supply disruptions linked to the West Asia conflict pushe... Read More


India Closely Monitoring US Bill Proposing Up To 100% Tariffs On Russian Energy Buyers

New Delhi, Aug. 1 -- India is closely monitoring a proposed bipartisan US Senate Bill that could impose tariffs of up to 100 percent on countries purchasing Russian energy, while engaging with stakeho... Read More


Odisha Secures Rs 913 Crore Investment Commitments From Women Entrepreneurs

Bhubaneswar, Aug. 1 -- The Odisha government has secured investment commitments worth Rs 913.13 crore through 13 MoUs with women entrepreneurs across sectors, with the proposed projects expected to ge... Read More


Employment Elasticity Improves As Social Protection Coverage Reaches 68.8%: Mandaviya

New Delhi, Aug. 1 -- India's social protection systems now cover around 101 crore people, or 68.8 percent of the country's population, Union Minister for Labour and Employment Mansukh Mandaviya said a... Read More