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India can't expect to go into nuclear overdrive

Mint Bangalore

|

December 23, 2025

Conditions have been created for a ramp-up of nuclear energy. While it can help clean up the country's electricity grid, government policy will need to go by a complex cost calculus

With the passage of a law that not only opens the door for private participation in India's nuclear power industry but also promotes it, the government hopes to meet its target of 100GW in generation capacity by 2047.

Currently, it accounts for a mere 2% of our grid capacity, and given India's demand projection for 2047 and the electricity required to meet it, that goal implies a share of 5% by then. Today's tiny share is explainable. Nuclear plants have a notoriously long gestation period before they can supply power. They often face resistance on the basis of safety concerns, with accidents such as Chernobyl and Fukushima embedded in public memory. And India's indigenous technology has made little progress, with the second of our three-stage programme yet to fructify before it can transition to the use of thorium, which is easier to find in the country than the right kind of uranium.

FLERE HISTORIER FRA Mint Bangalore

Mint Bangalore

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China's export boom hurts the job prospects of Asia’s Gen-Z

Manufacturing jobs are vanishing as cheap Chinese goods flood in

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RBI clean-up forces rethink on NBFC-fintech co-lending

Co-lending relationships between regulated lenders such as banks and non-banking finance companies (NBFCs) on one side and fintech firms on the other are seen changing significantly in the next three to five years, experts said at a Mint BFSI Summit panel discussion.

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Why IndiGo is Sensex’s worst newcomer

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All that cheap Chinese stuff is now Europe's problem

Trump's tariffs have redirected the flow of low-valued packages away from the U.S. into backyard warehouses on the Continent; the 'new Silk Road'

time to read

8 mins

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L Catterton bets on Haldiram Snacks

Consumer-focused global investment firm L Catterton has invested an undisclosed amount in Temasek-backed Haldiram Snacks Food Pvt. Ltd and entered into a strategic partnership, as private equity interest in India’s snacks and packaged foods sector continues to rise.

time to read

1 min

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Mint Bangalore

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SHANTI bill to open up nuclear sector gets RS nod amid concerns

The Rajya Sabha on Thursday passed the bill to open up nuclear power generation to the private sector and ease liabilities on suppliers amid the Opposition's concerns over allowing private players in the sector and the lack of liabilities for suppliers of components.

time to read

1 mins

December 19, 2025

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How child-free couples are rethinking retirement math

Focus is on flexibility, experiences and early retirement over traditional child-centric targets

time to read

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Nuclear recharge: Let's hedge our import bets

India's new nuclear law aligns our framework with global norms and looks set to revive a languishing source of clean energy. But don't give up on efforts to minimize import reliance

time to read

2 mins

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India's RDI Fund: We just cannot afford to miss our R&D moment

The Centre's big push is in the right direction but outcomes will depend on how well we redesign the broader R&D ecosystem

time to read

2 mins

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Sumitomo Realty bets on Mumbai

Japan’s Sumitomo Realty and Development, the country’s third-largest developer, plans to expand in India with an unusual strategy: focusing on Mumbai and managing apartments rather than selling them, executives told Reuters.

time to read

1 min

December 19, 2025

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