The fifty-fifth Goods and Services Tax (GST) Council meeting, scheduled for December 21 in Jaisalmer, will discuss proposed tax changes for life and health insurance premiums, including GST exemptions for term life policies covering families and health insurance for senior citizens. The Council will also consider reducing the GST rate

Reliance Power's subsidiary, Reliance NU Suntech Private Ltd, has won a 930 MW solar energy contract and a 465 MW/1860 MWh battery energy storage system (BESS) project from the Solar Energy Corporation of India (SECI). The project, which includes the second largest deployment of grid storage batteries

According to Reuters, Solar Energy Corporation of India (SECI) approached the Andhra Pradesh state government on September 15, 2021, to inquire about their intentions to sign India’s largest renewable energy contract. State energy regulators had clearly stated that there is no short-term need for solar power in a 10-year

Lok Sabha According to Finance Minister Nirmala Sitharaman, the nation's GDP grew at an average rate of 8.3% over the previous three years, suggesting consistent, stable growth. She emphasised that retail inflation in April-October 2024-25 was 4.8%, the lowest since the Covid epidemic, and that the

Air India will update its aircraft and flight timings on international routes in 2025. The airline will introduce retrofitted A320neo planes on all Delhi-Bangkok flights starting January 16 and add a fourth daily service between the two cities from January 1. Additionally, the airline will deploy former Vistara planes, including

Japanese startup Orbital Lasers and Indian robotics company InspeCity have agreed to jointly explore the use of laser-equipped satellites to remove space debris. The two companies will assess business opportunities for in-orbit services, such as de-orbiting defunct satellites and prolonging spacecraft life. Orbital Lasers plans to demonstrate its laser system

The Commission for Air Quality Management has enforced Graded Response Action Plan 4 restrictions in Delhi as the Air Quality Index worsened to the ‘severe’ zone. The measures include banning BS III petrol and BS IV diesel vehicles, halting all construction and demolition activities except for projects of national importance

In a major shift, India’s services exports overtook goods shipments in November 2024. Services exports have been estimated at $35.7 billion, compared with $32.1 billion in goods exports. Software services accounted for 47% of the total exports with nearly 70% headed towards the US. IT and IT-enabled