How NextEra Energy Wielded Political Power in Florida
NextEra, which is seeking to buy Dominion Energy, has often butted heads with consumer groups, residents and journalists in its home state. Source link
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Over 40L households now benefit from rooftop solar systems under Surya Ghar Yojana
New Delhi: More than 40 lakh households now benefit from rooftop solar systems under PM Surya Ghar Yojana, contributing to the nation’s clean energy transition, against a target of having one crore homes covered by March next year.Launched in Feb 2024, the scheme aims to bring rooftop solar to one crore Indian homes by March…
Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus
U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus. Source link
Finance ministry urges spending discipline, resilience amid global uncertainties; banks post record Rs 1.98 lakh crore profit
The finance ministry on Friday asked public sector banks (PSBs) to adopt prudent expenditure and austerity measures at all levels while maintaining resilience amid evolving global uncertainties, even as it reviewed their record financial performance in FY26, PTI reported.Financial Services Secretary M Nagaraju, while chairing a meeting to review the financial performance of PSBs, advised…
Sky-High I.P.O. Pricing Isn’t Great for Real People
When newly public companies have been valued as richly as SpaceX, OpenAI and Anthropic seem likely to be, the outlook for ordinary investors has been poor. Source link
How government aims to save billions in forex with ethanol blended petrol
With a biofuel in the mix, E20 petrol aims at lowering emissions, at the same time reducing the requirement of petrol in the fuel mix. (AI image) For a country that imports over 85% of its crude needs, any savings in the oil imports bill is important. With the Middle East conflict and the US-Iran…
S.E.C. Proposes to Kill Climate Change Disclosure Rule
The regulation would have required all publicly traded companies to disclose whether they faced significant risks from climate change and its effects. Source link
Govt asks oil firms to build 30-day LPG reserves; says no distributor has run dry
The government has asked state-run fuel retailers to expand liquefied petroleum gas (LPG) storage capacity to cover at least 30 days of demand, as supply disruptions linked to the West Asia conflict highlighted the need for larger reserves, PTI reported.“We are working on the strategic reserves. Oil marketing companies have been asked to work out…
As the SpaceX Hype Machine Steamrolls Ahead, Wall Street Jumps Aboard
Elon Musk and his bankers are working to create a self-fulfilling prophesy for SpaceX’s massive initial public offering: Make investors feel that the risks of passing up the stock outweigh those of buying into it. Source link
IndiGo swings to Rs 2,537 crore Q4 loss as rupee depreciation, disruptions weigh on earnings
India’s largest airline IndiGo reported a consolidated net loss of Rs 2,536.9 crore for the March quarter compared with a profit of Rs 3,067.5 crore a year earlier, as sharp rupee depreciation and a challenging operating environment weighed on its performance, PTI reported.The airline’s total income rose more than 3 per cent to Rs 23,830.7…