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Spot power prices down 20% in Q1

Financial Express Delhi

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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.

Financial Express Delhi'den DAHA FAZLA HİKAYE

Financial Express Delhi

Mercury nears freezing point in Haryana, Rajasthan

AS FOG FLOATED across cityscapes and open grounds in northern states, the winter weighed much heavier, pushing mercury down to near-freezing temperatures in many areas which experienced the coldest night of the season.

time to read

1 min

January 13, 2026

Financial Express Delhi

Retail inflation rises to 1.33% in Dec

THE RBI HAD, in its December monetary policy meeting, cut the inflation target for 2025-26 to 2% from 2.6% forecast earlier and delivered a 25 basis points cut in reporate to 5.25%.

time to read

1 min

January 13, 2026

Financial Express Delhi

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 Delhi

Battery plant plans back on track: RIL

RELIANCE INDUSTRIES ON Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines.

time to read

1 min

January 13, 2026

Financial Express Delhi

Maruti to invest ₹4,960 cr in 2nd Gujarat plant

MARUTI SUZUKI INDIA, the country's top carmaker, has received board approval to invest ₹4,960 crore in Gujarat to expand its manufacturing capacity, marking a significant step in its longterm growth strategy.

time to read

1 min

January 13, 2026

Financial Express Delhi

TCS, HCLTech cut headcount in Q3

Both companies step up AI-focused hiring and skilling

time to read

2 mins

January 13, 2026

Financial Express Delhi

Ola Electric launches Shakti energy storage

OLA ELECTRIC ON Monday rolled out its first 'Shakti', a portable energy storage system for homes and offices, from its cell manufacturing Gigafactory in Krishnagiri, Tamil Nadu.

time to read

1 min

January 13, 2026

Financial Express Delhi

Dmart Ready: focus on large cities

THE FIRM TO CROSS ₹4,000 CR IN ANNUAL REVENUE AT FY26-END

time to read

2 mins

January 13, 2026

Financial Express Delhi

The advent of vibe coding

VIBE CODING LETS NON-CODERS SET FOOT IN A WORLD PREVIOUSLY UNACCESSIBLE

time to read

4 mins

January 13, 2026

Financial Express Delhi

Conclusion of India-EU FTA likely in next 15 days: Misri

INDIA AND THE European Union (EU) hope to finalise their Free Trade Agreement (FTA) when officials from two sides meet in a fortnight from now, foreign secretary Vikram Misri said on Monday.

time to read

1 min

January 13, 2026

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