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India’s electricity consumption rose 11.35% year-on-year to 162.19 billion units in September, reflecting a firm rebound in demand even as growth moderated in the second half of the month. Analysts expect industrial and commercial usage to remain supportive through the festival season, helping offset softer momentum in some segments.
In a significant policy shift, the Indian government has approved the sale of excess and unauthorised Flue-Cured Virginia (FCV) tobacco crops in Andhra Pradesh, allowing farmers to access authorized auction platforms without facing penalties. This decision aims to alleviate financial pressures on farmers and stabilize the tobacco market in the region.
Union Minister Nitin Gadkari emphasized the potential of ethanol in enhancing farmers' earnings and reducing India's fuel import dependency during the launch of a new bus service in Madhya Pradesh. He highlighted the recent surge in maize prices and the government's ambitious PM e-Bus Sewa initiative.
The Artix 5.0 hotel art fair opens its doors in New Delhi, showcasing 21 rooms filled with innovative works from emerging artists alongside the legacy of veteran KG Subramanyan. This year's edition emphasizes the fusion of tradition and modernity in the Indian art scene.
As World Tourism Day 2026 approaches, India is shifting its perspective on tourism from mere leisure to a vital driver of economic growth, job creation, and cultural diplomacy. This evolving discourse highlights the significance of tourism in shaping national policies and local economies.
IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.
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.
India's power secretary Pankaj Agarwal met EDF chairman and CEO Bernard Fontana to discuss the possible deployment of the French utility's EPR nuclear reactor technology in India, the power ministry said on Friday. The talks also covered the evolving regulatory framework for the nuclear sector and potential cooperation on pumped hydro storage projects, underscoring a broader push to deepen Indo-French energy ties.
India's Chief Economic Adviser V. Anantha Nageswaran said global trade has been turned into a tool of coercion, arguing that the US, China and the EU are all using trade restrictions, export licensing and supply-chain chokepoints to advance strategic goals. He cautioned that unsettled ties with Washington, the lack of an AI-led investment story and higher global bond yields could weigh on foreign capital flows into India in the near term.
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