Indian Energy Exchange

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Macro Economy & Fiscal Policy 07 Oct 2026, 04:39 AM IST

IEX electricity trade volume rises 10.4% in September to 12.2 billion units

Indian Energy Exchange reported a 10.4% year-on-year increase in electricity traded volume in September, reaching 12.2 billion units, underscoring sustained activity in India’s power market. The exchange also said it handled 39,685 million units in the second quarter of FY27, up 12.7% from a year earlier, pointing to robust trading momentum through the quarter.

By RDU Global Wire4 min read

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI Bulletin Flags India's 7.8% Growth Resilience Amid West Asia Shock, Inflation Pressures and Banking Funding Debate

The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.

8 min readRead →

National Governance & Policy48m ago

Misri Flags Tariff Risk in US Talks as India Awaits Trump's Next Move on Russian Oil

Foreign secretary Vikram Misri raised the issue of tariffs in talks with US undersecretary Allison Hooker, even as both sides discussed a broad agenda spanning energy security, civil nuclear cooperation and strategic technology. The meeting came a day after external affairs minister S. Jaishankar met US Secretary of State Marco Rubio, with India now watching closely for the Trump administration's next step on penalties linked to New Delhi's purchases of Russian oil.

4 min readRead →

Startups & Venture Capital5h ago

IITM Unicorn Frontier Fund I Secures Rs 450 Crore First Close, Targets Deep-Tech Breakout in India

The IITM Unicorn Frontier Fund I has reached a Rs 450 crore first close and has already deployed nearly Rs 55 crore into four deep-tech startups spanning space, quantum, batteries and carbon capture. Backed by IIT Madras, IIT Madras Research Park and Unicorn India Ventures, the fund is part of a larger Rs 1,000 crore vehicle designed to bridge the gap between laboratory innovation and commercial scale.

5 min readRead →

India Sports & Cricket12h ago

India outlast Iran 37-34 to seal record-extending fourth Asian Games women's kabaddi gold

India defended their Asian Games women's kabaddi crown with a tense 37-34 victory over Iran in the final on Saturday, exploiting a persistent weakness on Iran's left flank to secure a record-extending fourth gold. The win preserved India's unbeaten run in the event at the Asian Games, with the only interruption to their dominance coming in 2018 when Iran beat them in the Jakarta final.

5 min readRead →

World Politics & Diplomacy2h ago

Rubio, Jaishankar Reaffirm U.S.-India Strategic Ties as Sanctions Pressure on Russia and Iran Looms

Secretary of State Marco Rubio met Indian External Affairs Minister S. Jaishankar in New York on September 23, 2026, in talks that underscored the centrality of the U.S.-India partnership to Indo-Pacific security. The two officials also discussed developments in the Middle East and the possibility of sanctions against states that continue economic engagement with Russia and Iran, highlighting the widening geopolitical stakes surrounding energy security and great-power competition.

4 min readRead →

World Politics & Diplomacy3h ago

U.S. and Indian Army Snipers Deepen Interoperability in Long-Range Marksmanship Drill

U.S. and Indian Army snipers trained side by side in India during Exercise Yudh Abhyas 2026, practicing long-range engagements out to 580 meters with the Indian Army's Sako TRG rifle chambered in .338 Lapua Magnum. The drill underscored a broader defense relationship increasingly focused on interoperability, tactical exchange and high-end battlefield skills amid a shifting Indo-Pacific security landscape.

6 min readRead →

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