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Subscribe to enjoy similar stories. Dear Reader, I spent some time recently to understand the journey of the renewable energy sector in India, particularly solar power. My interest was piqued by the fact that renewable energy (RE) capacity has surpassed 200 gigawatts, contributing nearly 45% to installed power capacity in India.

Subscribe to enjoy similar stories. A price-signalling war is on between the government and processors of soybean, as the two have put out conflicting production estimates of the key cash crop that's an affordable source of edible oil. According to the Union agriculture ministry’s second advance estimates, there has been a record production of soybean in the country at 15.1 million tonnes during the kharif marketing season 2024-25.

Subscribe to enjoy similar stories. Mumbai: When Maharashtra decided to change how it prices power, the idea was simple: Prepare for an expected burst in solar power in the coming years with a model for its efficient use. However, its solution has worried the industry, which fears disruption in the way it does business and raises the cost of power in the country's fifth-largest solar power state.

Donald Trump, on Friday, said that he loves King Charles in a social media post. His post was a response to a report which stated that the US should be given associate membership in the British Commonwealth. The 47th US President said that the idea sounded “good”. An associate membership could be on the agenda if Donald Trump meets with King Charles later this year. The British monarch had sent an invite to Trump for a meeting, which he accepted. As Trump’s comment gains attention, here is everything you need to know about the Commonwealth.

Donald Trump is invoking emergency powers to boost the ability of the US to produce critical minerals-and potentially coal-as part of a broad effort to ramp up the development of domestic natural resources and make the country less reliant on foreign imports. An executive order signed by the president Thursday taps the Defense Production Act as part of an effort to provide financing, loans and other investment support to domestically process critical minerals and rare earth elements, according to a White House official. The US International Development Finance Corporation, working with the department of defense, will provide financing for new mineral production projects. The order, which also encourages faster permitting for mining and processing projects and a directive for the interior department to prioritise mineral output on federal land, comes as a direct response to long-held concerns among the US and allies that China overwhelmingly controls the processing of some of the most important critical minerals. These elements are used in a number of products from batteries to defence systems that are seen as crucial to the nation's energy and security.

AstraZeneca said on Friday it will spend $2.5 billion on a research and development hub in Beijing, as the drugmaker scrambles to revive business in its second-biggest market after scandals including the arrest of its China president last year. Chief executive Pascal Soriot was in Beijing and met with the city's mayor to reveal the investment, along with two licensing deals with Chinese companies, saying they all showed the company's commitment to the world's No. 2 economy. «This $2.5 billion investment reflects our belief in the world-class life sciences ecosystem in Beijing, the extensive opportunities that exist for collaboration and access to talent, and our continued commitment to China,» Soriot said in a statement. The R&D centre «will partner with the cutting-edge biology and AI science in Beijing and be a critical part of our global efforts to bring innovative medicines to patients worldwide,» Soriot said. The Chinese government has launched several investigations into AstraZeneca's executives and activities in the country, where it has invested billions of dollars to build factories and license experimental drug candidates from Chinese biotech firms.

Canada could soon face a recession that would extend throughout the rest of the year as United States President Donald Trump’s tariff war upends economies and trade around the world, according to a new analysis by Desjardins Group.

the Netherlands is rolling out initiatives to attract top international scientists. Education Minister Eppo Bruins (NSC) recently unveiled plans for a dedicated fund aimed at recruiting leading academics, framing the effort as urgent amid shifting global dynamics. Bruins emphasized the value of elite researchers to both Dutch and European innovation, noting that many scientists are actively seeking stable environments to continue their work.

IFCI. Bhave, serving as Deputy Managing Director, has been appointed as MD and CEO for three years from the date of taking over, a government order said. The appointment has been approved by the Appointments Committee of the Cabinet (ACC), headed by the Prime Minister. The Industrial Finance Corporation of India (IFCI) was set up by the government on July 1, 1948, as the first development financial institution in the country.

Kim Jong Un. Traditional allies Russia and North Korea have drawn closer since Moscow's 2022 invasion of Ukraine, with Seoul accusing Kim of sending thousands of troops and container loads of weapons to help Moscow fight Kyiv. Neither Moscow nor Pyongyang has officially confirmed the troop deployment, but the two countries signed a sweeping military deal last year, including a mutual defence clause, when Russian President Vladimir Putin made a rare visit to the nuclear-armed North. Moscow's top security official Sergei Shoigu was visiting North Korea on Friday, Russian news agency TASS reported, the latest in a recent series of high-level exchanges between North Korea and Russia. Shoigu passed on «greetings and best wishes» from Putin to Kim in a meeting with the North Korean leader.

non-resident Indians (NRIs) those who claimed benefit of lower or nil rate of taxation under the Double Taxation Avoidance Agreement (DTAA) are receiving income tax notice(s) for failing to file Form 10F. The Income Tax Act, 1961, allows NRI taxpayers to declare their income and file ITR by applying for lower or nil rate of income tax (in some cases) under DTAA. For availing the benefit of lower or nil taxes under DTAA, NRIs must submit a Tax Residency Certificate (TRC) and Form 10F. This form could be filled any time before filing Income Tax Return (ITR). As per the existing Indian tax law, there is no deadline to file Form 10F and it can be filed electronically by all NRIs who may or may not have a PAN card. The mentioned income tax notice given to NRIs read as follows: “Incorrect claim u/s 143(1)(a)(ii): Adjustment to total income has been done as per Schedule Capital gains & Special Income, and for this DTAA benefit is to be claimed then relevant statutory form shall be filed. This required adjustment to the income within the meaning of Section 143(1)(a) and accordingly this is an opportunity provided to respond within the time allowed.”

Subscribe to enjoy similar stories. Attempts to build a global auto empire hark back to the 1910s and 1920s, when Henry Ford set up factories in Britain and Germany for the Model T, and General Motors responded by buying foreign carmakers. A century later, this ambition remains at risk of being run off the road.

Formula 1 returns to Shanghai for the Chinese Grand Prix this Sunday, the second race of the 2025 season. The 2025 Chinese Grand Prix will be broadcast in the United States on ESPN. Viewers in other countries can check their local listings for coverage.

Subscribe to enjoy similar stories. New Delhi: The India Meteorological Department (IMD) is enhancing its forecasting capabilities by developing a high-resolution model that will increase its current 12-km grid spacing to 6 km by 2026. This move aims to improve weather predictions at the panchayat level, offering farmers more precise forecasts.

shares fell on Friday, led by travel stocks after a fire at Heathrow Airport, while investors continue to assess the effects of brewing trade tensions. The pan-European STOXX 600 was down 0.5% as of 0815 GMT, with losses led by Europe's travel and leisure index, down 2.1%.

Bharat Heavy Electricals Ltd (BHEL) on Friday said it has secured an order worth Rs 7,500 crore for setting up a unit of 800 MW at Ukai Supercritical Thermal Power Plant in Gujarat. The order has been placed on BHEL by Gujarat State Electricity Corporation Ltd (GSECL), a statement said. The unit will start commercial operation within 54 months. According to the statement, BHEL has secured an order under international competitive bidding, for setting up a 1x800 MW Ukai supercritical thermal power plant (Unit-7) on an Engineering, Procurement & Construction (EPC) basis, in Tapi district, Gujarat.

G Kishan Reddy said on Friday. The Union Coal and Mines Minister added in a post on X that leveraging advanced technologies and efficient mining practices, India has not only boosted production but also prioritized sustainable and responsible mining. He said this remarkable achievement is set to fuel economic growth, support the nation's power needs, and pave the way for a brighter, energy-secure future for all Indians.

Taking to LinkedIn, Elliot Rosenberg shared how a daring move he made 12 years ago changed his life for the better. He explained that while most personal finance experts emphasize strategies such as budgeting expenses, making long-term investments, and establishing multiple income streams to achieve financial independence and early retirement, he recognized a significant challenge: the high cost of living in America. Although inflation played a role in rising expenses, he believed that the real issue lay in “lifestyle creep.” In many social circles, there seemed to be an unspoken expectation to maintain a costly social life—frequenting upscale restaurants, purchasing event tickets, indulging in shopping sprees, or joining expensive recreational clubs. The pressure to sustain these expenditures often dictated friendships and social acceptance.

Since China's DeepSeek shocked Silicon Valley by releasing AI models comparable to its U.S. competitors but developed at a fraction of the cost, Chinese investors have been on the lookout for the next domestic startup with the potential to upend the global tech order. Some have pointed to Manus. The company went viral on X a few weeks ago by releasing what it claimed to be the world's first general AI agent, capable of making decisions and executing tasks autonomously, with much less prompting required compared to AI chatbots like ChatGPT and DeepSeek.