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renewable energy projects installed by consumers are set to get a boost as the government has modified the proposed growth trajectory of renewable energy purchase obligations for distribution companies and open access consumers, and made it more stringent. While the overall renewable purchase obligation (RPO) trajectory from FY25 to FY30 remains the same as last notified in 2022, the segment mix has changed. A new segment called 'distributed renewable energy' has been introduced. Renewable energy projects with capacity of less than 10 megawatt (MW) installed by consumers under any arrangement — net metering, gross metering, virtual net metering, group net metering, behind the meter installations and any other configuration — will qualify for renewable purchase obligation from the distributed renewable energy segment.

Mint, introduces a bank passbook-like system in which companies that meet targets earn credits, while those that fall short accumulate debits that attract penalties.Automakers with debits will be allowed to purchase credits from the Bureau of Energy Efficiency (BEE) at fixed rates set annually from 2028 to 2032, ranging from ₹2,500 to ₹4,500 per gramme of CO₂/km.While automakers will be allowed to trade credits among themselves, as is the global norm, the option to purchase credits directly from a regulator is unprecedented.“California allows fully transparent credit trading among OEMs (original equipment manufacturers), while Europe permits pooling among manufacturers,” said Amit Bhatt, India managing director at International Council on Clean Transportation, a non-profit organization that advises regulators on environmental issues.“In contrast, BEE’s proposal represents a distinct Indian approach by introducing a regulated credit purchase mechanism, effectively creating a financial compliance pathway that is not available in either benchmark jurisdiction,” he added.Queries sent to the BEE, Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra and Mahindra, and Hyundai Motor India remained unanswered.To put it simply, every automaker will have a passbook for each of the fiscal years from 2028 to 2032. A positive credit balance would indicate that the company's average annual fuel emissions are below the maximum cap.

US-Israel and Iran escalated into a full-blown war in West Asia — and gold, instead of rallying, stumbled.Nippon India ETF Gold BeES, India’s largest gold exchange-traded fund (ETF), fell from ₹131.60 on 27 February 2026 — the day before the conflict began — to ₹110.72 by 23 March, shedding nearly 16% in under a month. The ETF has since recovered, gaining 11.5% from that low.

GST cuts to take effect in September. Analysts at JM Financial predicted in September that the price reduction could translate into 9-10% additional volume growth for air-conditioners. As the segment is fiercely competitive, most sellers passed the benefit on to customers.Listed AC makers reported a difficult quarter.

Subscribe to enjoy similar stories. Hybrid cars may roar past their electric cousins in the coming years after trailing them in the green transition so far, mirroring a pattern set in the US, Europe and South Korea. The debut of new fleet-wide emission norms next year could prompt more carmakers to roll out hybrids to stay compliant, an internal Bureau of Energy Efficiency (BEE) document said, signalling a structural shift in energy mix in the world's fastest-growing automobile market.

Subscribe to enjoy similar stories. New Delhi: The consumer affairs ministry is developing a Repairability Index for consumer durables on the lines of star-rating system used for evaluating the energy efficiency of electrical appliances, Union minister for consumer affairs, food and public distribution Pralhad Joshi said.

US Vice President Kamala Harris has eventually taken a significant hit, revealed a recent Economist/YouGov poll which was conducted in the month of December, reported The Sacramento Bee. According to The Sacramento Bee, her favorability rating has eventually dropped to 43% while 52% are viewing her pretty unfavorably which is a sharp decline from a peak of 49% in the month of August during the Democratic National Convention. Whereas, during recent days, in comparison, US President Joe Biden holds a lower favorability at 38% while US President- elect Donald Trump enjoys a favorable rating of 49%. Also Read :Big dilemma for China: Should Xi Jinping accept Donald Trump's invitation and attend his inauguration on January 20?

Indian Railways is rapidly progressing towards its goal of achieving net zero carbon emissions by 2030, the Railway Board said on Tuesday. According to the Board, it is making efforts to grant net zero status to Railway premises across the country with a focus on meeting Railways' energy needs entirely through renewable energy sources. «The Northeast Frontier Railway zone of Indian Railways has achieved a significant milestone by converting its buildings to net zero carbon emission structures. »The Bureau of Energy Efficiency (BEE), under the Ministry of Power, has honoured six different buildings of the zone with the 'Shunya Label' recognition as Net Zero Energy Buildings," the Board said in a statement.

India will be increased by 2.5 times by the year 2047, and right now around 84 per cent of India's energy is produced using coal, said Venu Gopal Mothkoor, Senior Specialist- Energy, NITI Aayog. He further added that achieving CO2 emission targets necessitates a focus on energy efficiency and demand electrification, which could potentially reduce CO2 emissions by 51 per cent by 2047. Speaking at a roundtable discussion organized by FICCI (Federation of Indian Chambers of Commerce and Industry) on 'Doubling the Rate of Energy Efficiency of Indian Industry 2030' he also underscored the pressing need to address this surge in energy requirements.

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

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Ontario, Canada, were faced with a frantic situation when approximately five million bees were accidentally released when a truck carrying crates of beehives fell on a Burlington roadway. The mishap occurred when the straps securing the beehive crates became loose, leading to a ‘bee spill’ on the morning of August 30. The incident occurred in Burlington during the shift of Halton Regional Police Constable Ryan Anderson, who reported receiving a distress call soon after 6 a.m. Local law enforcement responded by issuing a social media alert advising residents and drivers to avoid the area. Thankfully, the local community came to the rescue, with perhaps six or seven beekeepers offering to assist retrieve and protect the displaced bees. «Within a couple of hours,» Anderson said, «the majority of the bees had been safely returned to their hives within the crates and were loaded back onto the trailer.» Michael Barber, proprietor of Tri-City Bee Rescue in Guelph, was among the volunteers who responded to a call from the police at 7 a.m.

energy efficiency, is a sign of growing maturity. The Indian consumer continues to be price-sensitive. What has changed is his or her understanding of cost.

Elon Musk, owner and CEO of Twitter, has begun reinstating accounts that were previously subject to lifetime bans for breaking the platform's rules.

Elon Musk said Tuesday he’s met his goal of selling 10% of his stake in Tesla and criticized California for “overtaxation”.

Tesla and SpaceX CEO Elon Musk showed no support for the Metaverse and Web 3 ecosystem as he dismissed the terms for being used as buzzwords and marketing tactics.