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Centre aims for 2.2 GW nuclear capacity in FY26
Financial Express Mumbai
|March 15, 2025
THE GOVERNMENT AIMS to add 6.5 gigawatts (GW) of thermal capacity in FY26, along with 2.2 GW of nuclear capacity and 3.9 GW of hydro capacity, according to the latest report by the Lok Sabha's Standing Committee.
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Accordig to the committee's findings, as of January 31, only 1.4 GW of thermal power had been added against the FY25 target of 15.4 GW, while hydro capacity additions stood at just 40 megawatts (MW) compared to a target of 1.7 GW.
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Financial Express Mumbai
Domestic tourism sector sees stronger boom in PM's appeal
THE TRAVEL AND tourism sector is in a ‘wait-and-watch’ mode following Prime Minister Narendra Modi’s call for austerity in travel, among other things.
3 mins
May 13, 2026
Financial Express Mumbai
Retail inflation inches up to 3.48% in April
HEADLINE RETAIL INFLATION rose to a 14-month high of 3.48% year-on-year in April, but the rate was below what most economists estimated, as price pressures were yet to build up in most non-food items, except precious metals, despite the risks posed by the West Asia war.
2 mins
May 13, 2026
Financial Express Mumbai
AI begins to tilt scale edge towards mid-tier IT firms
ARTIFICIAL INTELLIGENCE is beginning to weaken the traditional scale advantage enjoyed by the country’s largest information technology services firms, with mid-cap players gaining ground through faster execution, lower-cost delivery and quicker workforce retraining.
1 mins
May 13, 2026
Financial Express Mumbai
Trump to meet Xi tomorrow in high-stakes US-China summit
US PRESIDENT DONALD TRUMP and Chinese counterpart Xi Jinping will meet Thursday morning in Beijing, according to the White House, for a high-stakes summit that will be dominated by discussions on trade and the war in Iran.
1 min
May 13, 2026
Financial Express Mumbai
India facing live BoP stress test: CEA
INDIA IS FACING a “live balance of payments stress test” due to the ongoing West Asia crisis, but the country’s macroeconomic fundamentals and reform momentum place it in a stronger position than many emerging economies to weather the turbulence, Chief Economic Advisor V Anantha Nageswaran said on Tuesday.
1 min
May 13, 2026
Financial Express Mumbai
Wyser Capital bets big with first fund
WYSER CAPITAL, A specialty venture capital firm focused on enterprise agentic AI products and platforms, is targeting more than 25 investments through its maiden fund.
1 min
May 13, 2026
Financial Express Mumbai
VARDE TOPS Q1 PVT CREDIT LENDING
INTERNATIONAL CREDIT FUND Varde Partners was the top private credit provider in the country during January-March, investing $340 million, amounting to 19.7% of the total, as per Octus Intelligence.
1 min
May 13, 2026
Financial Express Mumbai
Govt weighing how long oil firms can continue to absorb cost impact: Puri
UNION PETROLEUM AND Natural Gas Minister Hardeep Singh Puri on Tuesday said fuel price revisions were “unrelated” to elections, but acknowledged that the government would eventually have to assess how long state-run oil companies can continue absorbing massive losses caused by elevated crude prices and stagnant retail fuel rates.
1 min
May 13, 2026
Financial Express Mumbai
OpenAI gives EU access to its new cyber model
US ARTIFICIAL INTELLIGENCE giant OpenAI said it was granting access to its latest models including GPT-5.5-Cyber to Deutsche Telekom, BBVA and dozens more European companies to help bolster their resilience to vulnerabilities in their systems.
1 min
May 13, 2026
Financial Express Mumbai
Sebi mulls revising position limits on farm derivatives
THE SECURITIES AND Exchange Board of India (Sebi) on Tuesday proposed higher position limits (maximum number of contracts that can be held by a client) in agricultural commodity derivatives at 2% of the deliverable supply, up from 1%, a move aimed at improving liquidity, depth and price discovery in the commodities market.
1 min
May 13, 2026
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