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Subscribe to enjoy similar stories.Power transmission projects worth nearly ₹5 trillion are currently under bidding or execution across India, according to a senior official from the ministry of power.This large pipeline comes at a time when transmission infrastructure has emerged as a bottleneck in expanding renewable energy capacity and meeting the country’s rapidly rising power demand.To achieve 500 GW of non-fossil fuel capacity by 2030, the government has planned significant transmission expansion.In FY26, transmission projects worth ₹1 trillion cleared the National Committee on Transmission stage, while projects worth ₹1.47 trillion progressed beyond the special purpose vehicle stage.The government’s broader objective is to build a next-generation, intelligent and integrated national grid capable of supporting renewable energy, storage solutions, green hydrogen, and emerging demand centres such as data hubs.With power transmission emerging as a major investment theme, the sector is attracting investor interest.Here are a few companies with strong order pipelines to track.According to the business update Investor and analyst interaction on 23 March 2026, the company has a strong, visible execution pipeline of over ₹1.48 trillion.Assuming a 50% win rate on a ₹15 trillion opportunity, the company estimates potential project wins of around ₹7.5 trillion over the coming decades, resulting in an illustrative long-term execution pipeline of over ₹9 trillion.Power Grid, a Maharatna central public sector enterprise under the ministry of power, is primarily engaged in the transmission of electricity through its EHVAC (extra high voltage alternating current) and HVDC (high voltage direct current) transmission networks.The

Subscribe to enjoy similar stories.A soft-spoken civil engineer with a fondness for early mornings and scriptures, Elattuvalapil Sreedharan appears to be an unlikely revolutionary.Yet few individuals have altered urban India as profoundly as he has. The label “Metro Man” barely captures the scale of his impact — especially in Delhi, where he didn’t just build a railway system, but helped change how a city thinks about movement, time and public space.When Sreedharan took charge of the Delhi Metro Rail Corporation in the late 1990s, the daily commute of a typical Delhite was a case study in hardship.

Subscribe to enjoy similar stories.From India falling to the sixth rank in the IMF’s GDP rankings to retail inflation rising at a quicker pace in March amid the West Asia war, the moderation in shareholder payouts by TCS to parent Tata Sons, and commercial banks facing fewer penalties from the RBI, indicating improved compliance, here’s a compilation of this week’s news in numbers.India has slipped to the sixth rank globally in gross domestic product (GDP) rankings for 2025 (FY26) and 2026 (FY27), falling behind the UK after holding the fifth spot for three consecutive years, according to the International Monetary Fund's (IMF) latest data.The pullback follows a downward revision in the country’s nominal GDP after the base year was updated from 2011-12 to 2022-23, which corrected previous overestimations, Mint reported. Additionally, a sharp depreciation in the rupee has weakened India’s standing in dollar terms.

Subscribe to enjoy similar stories.The AI feature we unlock today: Claude for Word.A lawyer receives a heavily redlined contract at 5 pm. The partner wants a clear summary of changes, key risks, and proposed counter-edits by 9 am.This isn’t a fringe scenario.

Subscribe to enjoy similar stories.Srinagar: A prized forest delicacy among the world’s most expensive mushrooms is collapsing in the wild even as scientists in Kashmir say they may have found a way to cultivate it.Gucchi, or morel mushroom, has seen output fall sharply across Jammu and Kashmir—from around 2,000 quintals in 1991 to just 88 quintals in 2018—as erratic snowfall, shifting rainfall patterns and forest degradation disrupt the fragile ecological conditions it depends on.It is primarily found in the foothills and forested belts across districts including Poonch, Doda, Kishtwar, Ramban, Anantnag, Bandipora, Kupwara and Pulwama.In Kashmir’s higher forests, collectors describe damp pine floors layered with decaying needles and logs—exactly the moisture-rich microhabitat where the mushroom once emerged reliably in spring. That seasonal rhythm, they say, has become increasingly erratic.At the same time, global competition is intensifying, with countries such as China advancing morel cultivation techniques and putting additional pressure on prices.Now, researchers at Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST-K) say they have successfully standardized cultivation of Gucchi under controlled greenhouse and open-field conditions, a breakthrough in a species long considered nearly impossible to farm.“This is a game-changing breakthrough,” said SKUAST-K vice chancellor Nazir Ahmad Ganai.

Subscribe to enjoy similar stories.The trailing impact of disruptions related to goods and services tax (GST) and recent policy changes dulled the March quarter for life insurers. HDFC Life Insurance and ICICI Prudential Life Insurance, India's second and third largest private life insurers respectively, reporting softer growth and lower margins in what is usually their strongest premium season.

Subscribe to enjoy similar stories.The Directorate General of Foreign Trade (DGFT) on Friday authorized 17 banks to import precious metals for the period from 1 April to March 2029, according to an official order.Of these, Union Bank of India and Russia- headquartered SBER Bank are authorised to import only gold, while 15 others, including Axis Bank Ltd, State Bank of India, Indian Overseas Bank, and HDFC Bank Ltd, are authorised to import both gold and silver, the order showed. Bank of India, Deutsche Bank, Federal Bank Ltd and Industrial and Commercial Bank of China Ltd are also on the list.In FY26, Indian Overseas Bank was authorised to import only gold, which has now been expanded to both precious metals, the order showed.

Subscribe to enjoy similar stories.Mumbai: Last week’s euphoria on Dalal Street appears to have cooled, even as global indices outperformed Indian benchmarks. While optimism around US–Iran peace talks lent support, investor activity remained selective, driven more by stock- and sector-specific bets than broad-based momentum.The Nifty 50 and Sensex rose over 1% this week, extending gains after last week’s near 6% surge—their strongest in over five years—but the pace has now moderated.

Subscribe to enjoy similar stories.Angel One’s shares jumped over 10% on Friday to ₹322 after its March-quarter (Q4FY26) results offered relief following a difficult stretch. Net revenue from operations rose 37% year-on-year to ₹1,014 crore, while operating margin expanded to 42% from 32%, aided by operating leverage.The rebound comes after a prolonged adjustment to tighter regulations that dragged revenues lower in the nine months to December.

Subscribe to enjoy similar stories.Sam Altman, the chief executive officer (CEO) of OpenAI, said at a finance conference in October 2023 that he and his “CEO friends” were running a betting pool on when the first one-person billion-dollar company would be created thanks to artificial intelligence (AI). He didn’t divulge their identities nor their precise predictions.

Subscribe to enjoy similar stories.Cancers are real biological cheats. Whereas most of the cells in a healthy animal’s body get along by following the same set of genetic rules, cancer cells shamelessly ignore them.

Subscribe to enjoy similar stories.MUMBAI: Cement prices across India have climbed to a one-year high after the West Asia conflict pushed up global energy and freight costs, raising input expenses for manufacturers, with analysts expecting further increases that could bring prices close to four-year peak levels.Cement companies have raised prices by ₹15–20 per 50 kg bag this month, lifting all-India average prices by about 5% in April compared with March, according to a Motilal Oswal report dated 10 April. Manufacturers are facing higher costs for fuel, packaging bags and other inputs, with early signs that the price cycle may extend further.Dealers expect additional hikes in the coming weeks if demand remains steady, according to Motilal Oswal analysts.Data from Crisil Intelligence shows cement prices previously peaked at about ₹305 per 50 kg bag in FY23, driven by a surge in global crude oil prices amid geopolitical tensions following Russia’s invasion of Ukraine.

Subscribe to enjoy similar stories.Mumbai: India’s fast-moving consumer goods (FMCG) companies are set to report a largely steady March quarter, with demand holding up despite a complex operating environment. However, a volatile mix of commodity swings, geopolitical tensions and emerging inflationary pressures is beginning to cloud the outlook, even as companies rely on calibrated pricing and cost controls to protect margins.Large listed players such as Hindustan Unilever Ltd (HUL), ITC Ltd, Nestle India, Dabur, Godrej Consumer Products Ltd and Marico Ltd are expected to reflect these cross-currents in their March quarter earnings, which will kick off later this month.“FMCG companies will be able to maintain a status quo in the domestic market this quarter,” said Ankur Bisen, senior partner and head of retail, consumer products, food and e-commerce sectors at consulting firm The Knowledge Company.

Subscribe to enjoy similar stories.In an unusual attempt to get President Trump’s ear, the grandson of Cuban leader Raúl Castro tapped a wealthy Havana entrepreneur to try to personally deliver a letter to the White House last week outside of regular diplomatic channels, said a U.S. official and former U.S.

Subscribe to enjoy similar stories.The Centre’s proposal to fast-track India’s implementation of the Nari Shakti Vandan Adhiniyam (Women’s Reservation Act) by speeding up nationwide delimitation has opened a Pandora’s box. That Act of 2023 amended the Constitution to reserve 33% of seats in Parliament and state assemblies for women. It was to be done after delimitation, a process by which electoral constituencies would be redrawn based on population.Now the Centre has made two big legislative moves—one to enlarge the Lok Sabha’s numeric strength and another to set up a commission that would carve up India’s electoral map afresh and could use population data from an earlier census than envisaged.

Subscribe to enjoy similar stories.When Sam Altman was briefly fired, then rehired as OpenAI CEO in 2023, the company’s board of directors had fretted over what little they knew about his personal investments and whether they posed potential conflicts.A newly formed board pledged to fix the problem, but it never went away. As OpenAI, the maker of ChatGPT, hurtles toward a planned initial public offering this year, valued at around $850 billion, the question persists—how to determine whether decisions serve the company’s best interest or Altman’s.He recently asked OpenAI to lead a funding round for Helion after the nuclear-fusion startup fell behind on promises of a breakthrough energy source and began to run short on cash.

Subscribe to enjoy similar stories.China’s economy got off to a solid start in 2026, with its GDP growing 5% in the first quarter, according to official data released on Thursday. This exceeded the expectations of economists and struck the top-end of the 4.5-5% growth aim set by Beijing for the full year. Driving the expansion were China’s robust exports for the quarter, although its March shipments faced severe headwinds.

Subscribe to enjoy similar stories.It is 8 a.m. in the courtyard of the Life Time Living apartment complex in Henderson, Nev.

Subscribe to enjoy similar stories.Stock market recap: Following a strong relief rally in the previous session, Indian equity benchmarks consolidated on Thursday, April 16, 2026, as investors paused to assess the durability of easing geopolitical tensions. The Nifty 50 closed marginally lower at 24,196.75, down 34.55 points (0.14%), while the Sensex ended about 80 points lower, mirroring the cautious tone.Despite the slight dip in headline indices, broader market sentiment remained resilient, as reflected in a healthy advance-decline ratio of 2:1, with 2,147 stocks advancing and 1,089 declining.Among sectors, Nifty Metal led gains with a 1.53% rise, followed by IT and Media, which saw buying interest on supportive global cues.

Subscribe to enjoy similar stories.The Securities and Exchange Board of India (Sebi) has sought the latest quarterly profit-and-loss (P&L) statements of clients from top brokers to assess the full-year financial impact of equity derivatives trading on individual investors, according to two broking officials."The regulator had directed us to submit the data sometime last week," said one of the officials, requesting anonymity."The January-March data of the previous fiscal year has been called for by Sebi, which will give them a view of the full year's P&L. Earlier, we had submitted Q1-Q3 data after the end of each quarter," said the second official.An email sent to Sebi went unanswered till press time.Alarmed by losses of individuals trading in the equity derivatives segment (EDS), Sebi has been requisitioning quarterly P&L data from the top 10 equity brokers whose clients account for 90% of the derivatives volumes on NSE and BSE, per the second official.The regulator had used the data for two studies—one in September 2024 and the other in July last year—to analyse the P&L of individual traders from FY22 through FY25.The studies showed that individual or retail traders suffered rising losses during this period.

Subscribe to enjoy similar stories.America’s divisive political culture and rising cost of living are fueling interest in retiring abroad. It can be a great way to cut your expenses and improve your quality of life—as long as you understand some key factors.The prospect of kicking back in a Tuscan villa or hacienda in Tulum certainly holds appeal. But many expats devote more time to imagining their lifestyle than investigating the less romantic considerations: financial management, tax planning, and healthcare.