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Indian energy exchange reports 24% YoY growth in September 2024

The Indian Energy Exchange (IEX), India’s leading electricity trading platform, recorded a total monthly volume of 11,370 million units (MU) in September 2024, reflecting a 24% year-on-year (YoY) growth. According to the exchange filing, electricity volume, including green electricity, reached 10,332 MU, showing a 21% increase from the previous year. Renewable energy certificates (REC) saw […]

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The Quad: A new power paradigm in global geopolitics

The global geopolitical landscape is undergoing a transformation, with emerging alignments that seek to address contemporary strategic, economic, and security concerns. Among these, the Quadrilateral Security Dialogue, or the Quad, stands out as a significant coalition expected to play a pivotal role in shaping the global order. India, the United States, Japan, and Australia form […]

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Maldives President Muizzu receives ceremonial welcome at Rashtrapati Bhavan in New Delhi

Maldives President Mohamed Muizzu was accorded a grand ceremonial reception at Rashtrapati Bhavan in New Delhi on Monday, as part of his inaugural five-day bilateral visit to India. President Droupadi Murmu and Prime Minister Narendra Modi warmly welcomed President Muizzu and First Lady Sajidha Mohamed upon their arrival at Rashtrapati Bhavan. Earlier in the day, […]

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PM Modi holds bilateral talks with Maldives President Muizzu, discussions focus on strengthening ties

Maldives President Mohamed Muizzu, currently on a five-day visit to India, met with Prime Minister Narendra Modi at Hyderabad House on Monday to discuss deepening the bilateral relationship between the two nations. President Muizzu and PM Modi also engaged in delegation-level talks, attended by External Affairs Minister S. Jaishankar and Defence Minister Rajnath Singh. In […]

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Govt is committed to make defence industry export-oriented with India as a global manufacturing hub, says Raksha Mantri at 7th annual session of SIDM

Raksha Mantri Shri Rajnath Singh has reaffirmed the Government’s commitment to empower India’s defence industry by working hand-in-hand with them, and realise Prime Minister Shri Narendra Modi’s vision of making the country a global manufacturing hub. Addressing the seventh annual session of Society of Indian Defence Manufacturers (SIDM) in New Delhi on October 04, 2024, […]

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Prime Minister Internship Scheme 2024: Key details you should know

The Central government launched the pilot phase of the Prime Minister’s Internship Scheme on Thursday, aiming to offer 1.25 lakh internship opportunities during the fiscal year 2024-25. Internship Opportunities for 1 Crore Youth The scheme aims to address youth unemployment by providing internships to 1 crore young people over the next five years. These internships […]

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India’s services sector growth hits lowest level since November 2023

India’s services sector growth, measured by new business, international sales, and output, has slowed to its lowest rate since November 2023, according to the HSBC India Services PMI released on Friday. The survey, compiled by S&P Global, indicates that while the performance of the sector remains historically strong, the growth rate has moderated. In September, […]

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Piyush Goyal promotes India as a global manufacturing hub at CSIS event in US

Union Minister of Commerce and Industry, Piyush Goyal, on Thursday promoted India as a global manufacturing powerhouse, emphasizing the impact of reforms, diversification, and localized supply chains. Speaking at an event organized by the American think tank Center for Strategic and International Studies (CSIS) in Washington, D.C., Goyal delivered a keynote address on “India’s Evolving […]