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Spot power prices down 20% in Q1

Financial Express Kochi

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July 07, 2025

ELECTRICITY PRICES IN the spot market declined by as much as 20% during the first quarter of FY26, as widespread rainfall kept temperatures lower than usual, leading to subdued electricity demand during the peak summer months, according to data from the Indian Energy Exchange (IEX).

- Arunima Bharadwaj

The market clearing price in the Day-Ahead Market stood at ₹4.41/unit in Q1FY26, registering a decline of 16% compared to Q1FY25. Similarly, the market clearing price in the Real-Time Market declined by 20% at ₹3.91/unit during Q1FY26 compared to Q1FY25.

FLERE HISTORIER FRA Financial Express Kochi

Financial Express Kochi

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

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1 min

January 13, 2026

Financial Express Kochi

New US envoy raises hope of deal, says talks resume today

HOPES OF A trade deal between India and the US revived on Monday with the new US Ambassador to India Sergio Gor saying the two countries will discuss trade issues in their next call scheduled for Tuesday.

time to read

1 min

January 13, 2026

Financial Express Kochi

Powell vows to stand firm amid DOJ criminal probe

TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION

time to read

1 min

January 13, 2026

Financial Express Kochi

Inequality top concern for youth: Survey

*“Cyberfraud big worry for CEOs’

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1 min

January 13, 2026

Financial Express Kochi

Forex swap to cruise on arbitrage, corp demand, say bankers

THE ARBITRAGE OPPORTUNITIES between onshore and offshore markets alongside an expected pickup in corporate participation are likely to help the Reserve Bank of India's (RBI's) $10-billions foreignexchange swap sail through smoothly, bankers said.

time to read

1 min

January 13, 2026

Financial Express Kochi

Deutsche’s India business gets Kotak, Federal bids

THE BANK, WHICH currently operates branches in 16 cities in India, has been narrowing its focus in recent years on corporate banking and investment banking services for multinational and large domestic clients.

time to read

1 min

January 13, 2026

Financial Express Kochi

Labour Code impact drags TCS, HCLTech profits in Q3

Revenue growth remains steady

time to read

1 min

January 13, 2026

Financial Express Kochi

Gold and silver storm to records

GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.

time to read

1 min

January 13, 2026

Financial Express Kochi

Lemon Tree: Restructuring gains

EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28

time to read

2 mins

January 13, 2026

Financial Express Kochi

Capex budget may increase to ₹12.5L cr

AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).

time to read

1 mins

January 13, 2026

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