NIIF to consider selling stake in smart power meter firm IntelliSmart
Source Credit: Baiju Kalesh and Ranjani Raghavan, Bloomberg, The Economic Times

Gem & Jewellery show begins at Kochi; global buyers signal new growth wave
Kochi: The 18th Kerala Gem and Jewellery Show (KGJS EXPO 2025) opened at the Adlux International Convention Centre, Angamaly on Friday showcasing the finest in gold, diamond, platinum and silver jewellery, along with advanced machinery, cutting-edge equipment and jewellery-tech solutions. The three-day expo recognized as one of South India’s premier sourcing platforms, brings together 183 exhibitors from across India.

India to account for over 40% of global oil demand growth by 2035 – Govt shares estimates in Parliament
India will account for more than 40% of the global increase in crude oil demand and about 8% of the growth in natural gas demand between 2024 and 2035, according to estimates cited by the government in Parliament on Wednesday.  

Vedanta moves Delhi high court against taxman’s ₹1,308-cr avoidance allegation under India–Mauritius treaty
New Delhi: Mining and metals conglomerate Vedanta Ltd, through its promoter entity Vedanta Holdings Mauritius II Ltd (VHML), has moved the Delhi high court challenging the income tax department's claim that the group gained undue tax advantage of about ₹1,308 crore through the misuse of the India–Mauritius tax treaty.

ReNew Photovoltaics setting up 6 GW Solar Ingot–Wafer Manufacturing plant in AP with ₹3,990 crore
Hyderabad: ReNew Photovoltaics, a subsidiary of ReNew Energy Global PLC, will be setting up a greenfield 6 GW Solar Ingot–Wafer Manufacturing plant in plant at Rambilli in Anakapalli, Andhra Pradesh with an investment of ₹3,990 crore. This upcoming project will be India’s first commercial-scale integrated ingot-wafer manufacturing unit—producing the core building blocks used for solar cells and modules.

Expansions planned in renewable energy capacities in Eastern India by 2030 to be supported by strong demand from the C&I segment
 

AMPIN Energy Transition secures $50 million from Dutch development bank
 

How is India’s largest nuclear power plant set to benefit from Putin’s visit?
Following the arrival of Russian premier Vladimir Putin in Delhi for a two day annual India-Russia summit, Bharat’s largest nuclear facility that is the Kudankulam Nuclear Power Plant (KKNPP) is set to receive a major operational boost.

Markets climb as RBI rate cut lifts sentiment
The equity benchmarks extended gains for the second straight session on Friday, helped by the Reserve Bank of India’s decision to cut the repo rate by 25 basis points to 5.25% while maintaining a neutral stance.