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IREDA loan disbursements up 41%

Financial Express Lucknow

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January 02, 2025

STATE-OWNED INDIAN RENEWABLE Energy Development Agency (IREDA) sanctioned loans worth ₹31,087 crore in the third quarter of the current financial year, up 129% from ₹13,558 crore in the same period last year, according to provisional data provided by the company.

- ARUNIMA BHARADWAJ

The company's disbursements also surged 41% to ₹17,236 crore in the October-December quarter from ₹12,220 crore in the same quarter of FY24. IREDA's outstanding loan book grew 36% from last year, reaching ₹69,000 crore. Cumulatively, IREDA has sanctioned loans worth more than ₹2.39 lakh crore and disbursed more than ₹1.52 lakh crore, it said.

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Financial Express Lucknow

Musk sues Microsoft and OpenAI, seeks over $134bn

ELON MUSK WANTS OpenAI and Microsoft to pay him damages in the range of $79 billion to $134 billion over his claims that the generative Al company defrauded him by abandoning its nonprofit roots and partnering with the software giant.

time to read

1 min

January 18, 2026

Financial Express Lucknow

Pop gummies? Here’s something to chew on

From sleep, anxiety to vitamin deficiencies, there seems to be a squishy, tasty solution for them all. But doctors sound a note of caution

time to read

5 mins

January 18, 2026

Financial Express Lucknow

DGCA imposes ₹22.2-cr penalty on IndiGo over Dec disruptions

THE DIRECTORATE General of Civil Aviation (DGCA) on Saturday imposed penalties totalling ₹22.2 crore on IndiGo.

time to read

1 min

January 18, 2026

Financial Express Lucknow

Are trains now the most luxurious way to travel?

From Angola to Turkmenistan, sumptuously outfitted railroad cars are taking passengers on over-the-top journeys back in time

time to read

4 mins

January 18, 2026

Financial Express Lucknow

INDIA'S NEW TASTEMAKERS

From handcrafted sauces, global spice blends to reimagined pantry staples, the condiment market is having a flavourful renaissance. Brands, in turn, are turning up the heat with innovation, reach and diverse product portfolios

time to read

10 mins

January 18, 2026

Financial Express Lucknow

DGCA slaps ₹22.2-cr fine on IndiGo

THE DIRECTORATE GENERAL of Civil Aviation (DGCA) on Saturday imposed penalties totalling $22.2 crore on IndiGo and initiated disciplinary action against several senior executives after a probe found that aggressive operational optimisation, weak regulatory preparedness and systemic management failures led to large-scale flight disruptions in early December 2025.

time to read

1 min

January 18, 2026

Financial Express Lucknow

No unemployment in India!

The replacement of MGNREGA by a supply-driven, guarantee-less, funds-constrained scheme will make matters worse for the rural poor who will face unemployment or under-employment

time to read

3 mins

January 18, 2026

Financial Express Lucknow

Pet parenthood the new family structure

Pets are replacing children with increasing frequency

time to read

4 mins

January 18, 2026

Financial Express Lucknow

Vehicles of ambition

When it comes to the business of life, mind over heart matters

time to read

4 mins

January 18, 2026

Financial Express Lucknow

Compact SUV slowdown to persist into '26

MODELS UNDER DEVELOPMENT include new compact SUVs from the Volkswagen group and Tata Motors, a strong-hybrid variant from Maruti Suzuki, and facelifts of existing bestsellers.

time to read

1 min

January 18, 2026

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