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NTPC Ltd generated 219.94 billion units in the first half of FY25, at a growth of 3.91% compared to the corresponding period of previous year. The state-owned power generator’s coal stations recorded a plant load factor of 76.3% during Apr-Sep. NTPC is India's largest integrated power utility, contributing a fourth of the power requirement of the country. The company’s mining division produced over 19 million tonnes of coal in the first half of the financial year registering an on-year growth of 20% and has dispatched 19.7 million tonnes of coal to NTPC’s power stations with a growth of around 16% compared to last financial year.

Iran launched a barrage of ballistic missiles against Israel on Tuesday, the latest escalation between the two countries amid a widening conflict in the Middle East.“All Israeli civilians are in bomb shelters as rockets from Iran are fired at Israel,” the Israeli Defense Forces wrote on social media.Dozens of projectiles were shot down over Tel Aviv before they could hit any targets. It was not immediately clear who was responsible for intercepting the missiles. A series of explosions were heard in Tel Aviv and near Jerusalem.Air raid sirens could be heard across central Israel as residents were ordered to enter bomb shelters and await further instructions from officials.

Indian embassy in Israel on Tuesday issued advisory for all the nationals to remain alert and safe amid the prevailing situation in the Middle Eastern country. The authorities have urged Indian nationals to stay 'vigilant' and 'adhere' to necessary safety protocols. In the fresh attacks, Israel's military on late Monday began what it called «limited, localised and targeted raids» against Hezbollah in south Lebanon's border areas.

Benjamin Netanyahu is a very confident man these days after eliminating two prominent terror group leaders in a span of two months. After eliminating Hamas leader Ismail Haniyeh and lately Hezbollah chief Hassan Nasrallah, Netanyahu has warned Iranians that a regime change was imminent. After Israel killed Nasrallah and many of Hezbollah's top commanders, a senior spokesman for the Israeli Defence Forces (IDF) told a press conference that the nation could go anywhere to eliminate its enemies. That very day, Iran's supreme leader Ali Khamenei was moved to a highly fortified undisclosed location.

The country’s top competition watchdog is warning corporate Canada to “buckle up” for a new era of enforcement that will feature tougher merger controls, steeper financial penalties and more frequent challenges, following several rounds of changes to the Competition Act.

According to flash estimates from the European Union's statistics office Eurostat today (1 October), inflation in the euro area fell to 1.8% in September, down from 2.2% in August, matching forecasts by a Reuters poll of economists. Core inflation, which strips out energy, food, and tobacco, eased slightly from 2.8% in August to 2.7% in September. ECB cuts interest rates to 3.5% amid softer inflation figures and faltering growth Services inflation fell to 4% last month from 4.1% in August, while food, alcohol and tobacco prices ticked up slightly to 2.4% from 2.3%. Non-energy indus...

By Lawrence Solomon

You could almost hear the collective sigh of relief when inflation hit the Bank of Canada‘s 2 per cent target — after all we’d been waiting three years.

NITI Aayog which is working with states to develop a roadmap for green energy transition and a pathway to achieve a net zero carbon emissions target, will be giving its report next month, said BVR Subrahmanyam, CEO of the central government's think tank on Tuesday. Addressing reporters on the sidelines of the launch of Telangana chapter of Women Entrepreneurship Programme (WEP), a flagship initiative of NITI Aayog, he also asserted that 9 per cent aspirational growth is possible backed by the overall sectoral growth. «Wait for one month. NITI Aayog has got the best group in India working on energy transition, Climate Change, net zero and circularity. We will be coming out with reports in November. We will be actually giving the roadmap for net zero by 2070,» he said. Subrahmanyam further said NITI Aayog is working on green transition to set up a green transition ecosystem for «Hard-to-abate» industries including categories such as steel, cement, and petrochemicals and circularity can be brought in very easily in Lithium ion batteries, electronic components, vehicles, rubber ( tires), and steel (metals).

Avaada Group on Tuesday announced plans to invest Rs 1 lakh crore in Rajasthan in the renewable energy industry. The planned investment will fund major green energy initiatives, including a 1.2 GW-pumped hydro storage project, a 1 MTPA-green ammonia project, a 1 GW-wind power project, and a 10 GW-solar power project, the company said in a statement. These projects will come up across Jhalawar, Kota, Barmer, and Bikaner. These are expected to generate massive employment opportunities, promote green manufacturing, and significantly boost Rajasthan's contribution to India's renewable energy targets, Avaada Group said.

Subscribe to enjoy similar stories. Eurozone inflation fell below the European Central Bank’s target for the first time in more than three years, suggesting a lengthy struggle to bring price rises under control is nearing an end. Consumer prices increased by 1.8% on year in September across the 20 nations that make up the eurozone, falling from a month earlier and marking the first time since June 2021 that annual inflation has stood below the ECB’s 2% target.

Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank’s target of 2% for the first time in more than three years

Pune losing her life to work stress and burnout has once again raised concerns about India’s workplace culture. In the current employment landscape, where the hustle culture or “always available” attitude is promoted, employees are receiving the impression that the only way to succeed is to sacrifice their personal lives and disrupt their work-life balance. However, engaging in such a practice for a long period can lead to devastating consequences. While many organisations continue to claim that they have supportive policies for employees in place, it’s important to know what is the ground reality and what can be done to completely eliminate the possibility of such episodes.

More Americans are in jobs where a chunk of their pay isn’t guaranteed.

Subscribe to enjoy similar stories. Placement teams at India’s top technology schools are chasing potential recruiters early to avoid a repeat of last year’s struggle to land jobs for their graduates, even as companies are still undecided about their hiring numbers. While recruiters from information technology and related services, core industries, manufacturing and banking sectors have started registering with the Indian Institutes of Technologies (IITs), the companies haven’t disclosed their targets for the batch of 2025, according to a placement officer at one of the new IITs.

Chinese economy out of crisis.

repo rate of 6.50%, despite surplus liquidity conditions in the banking system, money market dealers said. The WACR, which is the operating target of the RBI's monetary policy, was at 6.53% the previous day. The WACR typically eases when liquidity conditions in the banking system is in a surplus mode.

fiscal deficit in the first five months of 2024-25 stood at 27% of the annual target — lower than 36% a year ago — despite a spurt in August, showed the official data released on Monday. The lower deficit indicates the government remains on track to meet its renewed target of containing the fiscal deficit at 4.9% of gross domestic product (GDP) in 2024-25. The Centre aims to reduce the gap further to less than 4.5% of GDP in 2025-26. The fiscal deficit between April and August touched Rs 4.35 lakh crore, down from Rs 6.43 lakh crore a year before, thanks to a lower gap earlier in the year when the resource mop-up had remained strong while the government spending was constrained by the general elections.

Andrew is a journalist and content writer with a passion for Bitcoin. His work has been featured with Cryptonews, Decrypt, CryptoPotato, and Bitcoin Magazine, among others.

Viksit Bharat' plan, it must face the stark reality of economic inequality, especially in the agricultural sector, where disparities run deep. The farm sector employs nearly 50% of the population, but contributes only 17% to GDP, reflecting a vast divide between smallholders with marginal incomes and a small group of wealthy farmers. Implementing a well-structured taxation policy for affluent farmers is crucial to correcting this imbalance and generating revenue. Farm income is exempt from taxation under Section 10(1) of Income-Tax Act 1961. This provision was designed to shield small and marginal farmers from financial strain. However, exemption has inadvertently allowed wealthy farmers to avoid paying taxes, even though they benefit disproportionately from public infra, subsidies and services compared to small-scale farmers. According to People Research on India's Consumer Economy's (PRICE) ICE 360° survey, there are about 5 mn 'wealthy farmers', each earning over ₹25 lakh annually, with two-thirds of their income coming from agriculture, and the rest from non-farm activities. Though this group represents only 8% of the farming population, they control 28% of the sector's income.

Bitcoin (BTC) lost ground Monday morning, giving back some of the gains posted during what has been a positive month for the legacy cryptocurrency.