Vedanta shares climb nearly 4% market valuation jumps INR7,566.6 crore
Shares of Vedanta climbed nearly 4 per cent on Tuesday after the National Company Law Tribunal approved its demerger plan, paving the way for splitting the group into sector-specific entities across aluminium, oil and gas, power and iron and steel.

Govt introduces N-power bill in Parliament, permits private participation, limits supplier liability
 

Rashtriya Ispat Nigam records highest-ever hot metal production in a single day at 21,012 tonne
Hyderabad: Rashtriya Ispat Nigam Limited (RINL), the public sector steelmaker operating the Visakhapatnam Steel Plant (VSP), has achieved a historic milestone by recording the highest-ever hot metal production in a single day since its inception.  RINL produced 21,012 tonne of hot metal on 14 December 2025, exceeding 100 per cent of its rated daily capacity and marking a significant operational breakthrough for the company.

Vedanta Aluminium raises Lanjigarh refinery capacity to 5 million tonnes a year
Chennai: Vedanta Aluminium, India’s largest aluminium producer, has increased its Lanjigarh Refinery capacity to 5 million tonnes per annum (MTPA), a significant step towards strengthening India’s self-reliance in aluminium. A company statement said with the expansion, Vedanta Lanjigarh now ranks as the world’s second-largest alumina refinery (ex-China). It has  boosted India’s total alumina refining capacity to nearly 13 MTPA and makes the country the third-largest producer globally. 

Amidst robust wedding season, jewellery retailers anticipate sales to shine further through early 2026
Amidst a robust wedding season for India’s retail jewellery segment, brands are confident of sustained demand that can surpass the country’s regular cycle, well into next year.

CAG raps BPCL over idling time chartered vessels leading to unnecessary expenditure of ₹470.56 crore
New Delhi: The Comptroller and Auditor General of India (CAG) has rapped Bharat Petroleum Corporation (BPCL) for deficient planning in assessing creation of storage and infrastructure facilities, coupled with deficient supply and logistics planning. This lack of proper planning has led to underutilisation of time chartered vessels hired by the State-run oil marketing company (OMC) as well as an unnecessary expenditure of ₹470.56 crore from FY20 to FY23. BPCL hired time chartered vessels more than (the) company’s actual requirement for the coastal movement of LPG and petroleum products without assessing the available storage and other infrastructure facilities, the CAG said.

Vehicles without pollution certificate to be denied fuel

Addressing a press conference at the Delhi Secretariat, Sirsa said petrol, diesel and CNG dealers had been directed to sell fuel only after verifying a valid PUCC. He also said vehicles registered outside Delhi and below the BS-VI emission category would not be permitted to enter the city during Graded Response Action Plan (GRAP) Stage III and IV. In addition, vehicles carrying construction material would not be allowed to enter Delhi when GRAP Stage IV restrictions are in place.

India’s natural gas demand to decline by 4-5% in 2025
New Delhi: A milder-than-usual summer coupled with elevated spot prices of liquefied natural gas (LNG) in the first half of 2025 is expected to pull down India’s natural gas demand in the current calendar year.

Govt likely to remove 50% cap on sales of coal from captive mines
 

PM Surya Ghar: Gujarat, Kerala, Maharashtra have highest consumers with zero monthly bills
New Delhi: Under the PM Surya Ghar: Muft Bijli Yojna (PMSG: MBY) more than 7.70 lakh consumers do not have to pay monthly electricity bills with Gujarat, Kerala and Maharashtra accounting for more than 75 per cent of the total consumers. Gujarat, which boats of the highest residential rooftop solar power capacity under PMSG: MBY, has more than 3.62 lakh consumers who paid zero energy charges during any month/ billing period as reported by the discoms, showed the data shared by the Minister of State for New & Renewable Energy Shripad Naik in response to a query in the Rajya Sabha.

No RE project connected under Green Energy Corridor II so far: MNRE
New Delhi: The Ministry of New & Renewable Energy (MNRE) informed Parliament on Tuesday that so far no renewable energy (RE) project has been connected under the Green Energy Corridor Phase-II scheme (GEC Ph-II) so far. The MNRE is implementing the GEC Ph-II scheme in Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu, and Uttar Pradesh to integrate around 20 gigawatts (GW) of renewable energy.

Waaree gets Ministry nod for 5.25GW solar cell capacity
Mumbai: Waaree Energies Ltd has secured approval for its solar photovoltaic cells under the Ministry of New & Renewable Energy’s Approved List of Models and Manufacturers (ALMM) List-II. The total approved capacity is 5.25 GW per annum at its Degam facility in Chikhli, Navsari, Gujarat. The approval, notified by MNRE on December 15, 2025, under the third Revision of ALMM List-II, includes 3,923 MW of N-type TOPCon cells and 1,328 MW of P-type PERC bifacial cells. India’s largest solar PV module manufacturer made the announcement on Tuesday.

Harnessing nuclear energy: Bill seeks to address key investor concerns
The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, which was introduced in the Lok Sabha on Monday, opens the pathway for the entry of the private sector into producing nuclear power by responding to major concerns that have hindered investment in the area for 15 years. The umbrella Bill replaces the Atomic Energy Act, 1962, which prohibited private participation in nuclear energy, and more crucially the Civil Liability for Nuclear Damage Act (CLNDA), 2010, which had legislated for operators’ right of recourse on suppliers of nuclear equipment in the case of accidents. A government statement says the Bill, which allows up to 49 per cent foreign direct investment in certain nuclear activities, intends to provide a “pragmatic” civil-liability framework for nuclear damage. Pragmatism principally lies in the removal of a contentious clause on suppliers’ liability and the delineating of operators’ liabilities. Removing suppliers’ liability from the legislation does not, however, imply a blanket exoneration if nuclear accidents occur. In the normal course, however, such liabilities are explicitly incorporated in commercial contracts, usually under a liquidated damage clause, which specifies a mutually agreed percentage of the contract value that the operator can recover from the supplier or contractor in the case of damage or defects. By explaining that such a right is expressly provided for in a contract in writing, the Bill reverts to a global standard.

SHANTI bill signals shift in India's nuclear energy framework: Anujesh Dwivedi, Deloitte India