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Welcome the charge of India's battery brigade

Mint Chennai

|

August 01, 2025

With their global prices softening, storage batteries have the potential to disrupt our power market, hasten utility reforms, attract entrepreneurs and empower electricity consumers

Electricity regulators in Maharashtra and Gujarat recently approved battery projects to be set up by their respective state-owned utilities, marking the adoption of power storage facilities by two large Indian states. Delhi had operationalized one unit a few months ago. These are designed to soak up excess electricity from solar-panel farms for its supply to consumers when the sun doesn't shine. With battery prices having dropped globally by 30% over the past year and the Centre aiding its adoption by providing funds to plug viability gaps, these states have been quick to seize what's arguably the fastest way to gain clean supply stability in the face of solar interruptions caused by cloud cover and sunsets.

MEER VERHALEN VAN Mint Chennai

Mint Chennai

When LLMs learn to take shortcuts, they become evil

Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.

time to read

2 mins

November 28, 2025

Mint Chennai

The curious case of LIC’s voting on Reliance, Adani board resolutions

In all, of the about 9,000 resolutions since the beginning of fiscal year 2023 (FY23), LIC voted in favour of over 92% of them and abstained from voting on another 6%.

time to read

6 mins

November 28, 2025

Mint Chennai

Mint Chennai

Intel executive's home raided in Taiwan criminal probe

Wei-Jen Lo jumped to Intel from TSMC, triggering legal fight; Intel calls allegations meritless

time to read

3 mins

November 28, 2025

Mint Chennai

Mint Chennai

India seeks agri goods testing parity

India is working with the US, European Union, the United Kingdom, Singapore, Switzerland, and the Asean bloc countries to mutually accept each other’s inspection, testing and quality certification systems for farm produce in an attempt to ensure low-friction movement in such trade, two senior government officials told Mint.

time to read

2 mins

November 28, 2025

Mint Chennai

Would you like to be interviewed by an AI bot instead?

don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.

time to read

3 mins

November 28, 2025

Mint Chennai

How the latest labour codes will benefit most employees

Workers may see an increase in some statutory benefits such as gratuity and leave encashment

time to read

4 mins

November 28, 2025

Mint Chennai

Mint Chennai

Japan's Incubate plans two new funds; one for India

Incubate Fund Asia, backer of firms such as M2P and Captain Fresh, is kicking off a fundraising spree with its fourth India-focused seed fund.

time to read

1 mins

November 28, 2025

Mint Chennai

Sebi now trains sights on commodity derivatives

Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).

time to read

1 mins

November 28, 2025

Mint Chennai

Is Apple on a roll?

Apple is set to end the long reign of Samsung as the world's top smartphone company, according to Counterpoint Research.

time to read

1 min

November 28, 2025

Mint Chennai

Investors expect AI use to soar. That's not happening

An uncertain outlook for interest rates. Businesses may be holding off on investment until the fog clears. In addition, history suggests that technology tends to spread in fits and starts. Consider use of the computer within American households, where the speed of adoption slowed in the late 1980s. This was a mere blip before the 1990s, when they invaded American homes.

time to read

2 mins

November 28, 2025

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