India

India has opened bidding for up to 1 GW and 8 GWh of pumped storage capacity, seeking long-duration energy storage projects to supply power distribution companies and other buyers under long-term contracts. December 30, 2025 Uma Gupta Image: PlayMistyForMe, Wikimedia Commons From ESS News Solar Energy Corp. of India (SECI), a public sector company of

India’s Union Budget 2026 has kept the existing crypto tax framework unchanged, even as the government moved to tighten compliance through stricter penalties. While oversight has increased, industry leaders say the Budget missed a key opportunity to support long-term growth in crypto and Web3. The Finance Bill introduces penalties to enforce reporting under Section 509

As the Union Budget 2026 approaches, India’s crypto tax regime is facing renewed scrutiny after fresh data showed that nearly half of crypto investors ended FY25 with losses, yet many still paid taxes due to the structure of capital gains rules and transaction-level deductions. A new report by KoinX, titled India’s Crypto Tax Story 2025

Synopsis India's aviation sector is bracing for new competition. Two airlines, Al Hind Air and FlyExpress, have received government approval. Shankh Air, already cleared, plans to launch operations next year. This move aims to break the market's duopoly, currently dominated by IndiGo and the Air India Group. Listen to this article in summarized format Reuters

India on Tuesday announced a $450-million reconstruction package for Sri Lanka to aid relief and repair efforts in the wake of Cyclone Ditwah, as external affairs minister S Jaishankar said New Delhi stands ready to provide further assistance in crucial sectors such as tourism and investment for rebuilding the island nation. External affairs minister S

India on Thursday formally took over the rotating presidency of the Brics grouping for 2026, with New Delhi expected to push for more inclusive development and a stronger role for the Global South in international economic governance, at a time when US President Donald Trump’s tariff policies have disrupted global trade. Brics was originally formed

India have suffered a significant setback ahead of the fifth and final T20I against South Africa, with vice captain Shubman Gill reportedly ruled out of the series decider. The match is scheduled to be played on December 19 at the Narendra Modi Stadium in Ahmedabad. Gill picked up a toe injury ahead of the fourth

India and Oman signed CEPA and a joint vision document on maritime cooperation, boosting trade, energy, defence, culture, education and supporting the Gaza peace plan during PM Narendra Modi’s visit. India and Oman on Thursday signed a Comprehensive Economic Partnership Agreement (CEPA) during Prime Minister Narendra Modi’s official visit to the Sultanate on December 17–18