60 GWH PUMPED HYDRO
Indian battery component makers face up to 61% cost disadvantage against imports: Report
Indian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report indicates that high input costs hinder the growth of domestic manufacturing capabilities. Battery demand in India is expected to rise significantly by 2037, creating urgency for improvements in local production. The government is considering incentive options to support the industry and bridge the cost gap.
Cabinet approves ₹14,500-crore scheme to add 92 GWh energy storage capacity
The Union Cabinet has approved a significant ₹14,500-crore scheme aimed at developing new energy storage capacity. This funding will support the establishment of 92 GWh of grid-scale energy storage across India. Additionally, 850 fast-track courts will be set up to expedite cases involving child abuse and rape. The government has also created a pathway for the enrollment of 25% of Agniveers in the armed forces.
India's stock market volatility since last Diwali saw 60 stocks lose up to 96%
At least 63 stocks with a market capitalisation of over Rs 1,000 crore have lost more than half their value since last Diwali, with some plunging 60-95% amid a broad-based selloff across sectors. Elitecon International was the worst performer, tumbling 96%, followed by Reliance Infrastructure, Kothari Industrial Corporation and Fischer Medical Ventures.
'You don't need to crash a plane to...': Adam Robinson's April tweet goes viral after entrepreneur's death in Florida plane crash
An old tweet by tech entrepreneur Adam Robinson has gone viral after he died in a Florida plane crash at 44. Robinson, founder of Retention.com and RB2B, had written, “You don't need to crash a plane to learn to fly ... and you don't need VC to build a business.” Nine people died in the crash.
Advait Energy Transitions Q2 profit jumps 89% to Rs 19.18 crore; revenue rises 41%
Advait Energy Transitions has reported an 88.5 percent increase in net profit for the quarter ending September 30, 2026. Revenue for this period rose 40.8 percent, reaching Rs 220.9 crore, driven by strong demand for power transmission solutions. The company also experienced substantial growth in its consolidated revenue for the first half of FY27.
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Florida jet crash victims included 20-year-old copilot Nathalia Filgueiras, tech founder Adam Robinson, his wife, and their children aged 2 and 4
A tragic plane crash in Florida resulted in the deaths of nine individuals on board. Among the victims were a young pilot and a technology entrepreneur with his wife. The two children of the entrepreneur, aged two and four, were also killed in the incident. This event marked the second deadliest aviation incident in the United States this year.
Nathalia Gadelha's mother shares heartbreaking fear as 20-year-old's final text to boyfriend emerges after Learjet Florida crash
A 20-year-old co-pilot, Nathalia Gadelha, was among nine people killed in the deadly Learjet Florida crash. Her mother has now recalled her haunting fear that flying would one day take her daughter away, while Nathalia's final text to her boyfriend, sent around 10 minutes before the crash, revealed that she was facing turbulence and ice.
What does it take to become a Learjet 60 pilot? Nathalia Gadelha identified as co-pilot in fatal Florida crash; here's what US aviation rules say
The cause of the crash has not been established, and the National Transportation Safety Board (NTSB) is investigating. Nathalia Gadelha, 20, was identified by her mother and stepfather as the co-pilot in the crash, according to the New York Post. The FAA and NTSB had not publicly released the identities of those aboard in their initial statements.
Learjet 60 crash Florida: The terrifying final 60 seconds and pilot's haunting words revealed as $2 million jet plunged at 32,000 feet per minute
A $2 million Learjet 60 crashed into a mobile home community in Florida, triggering a massive fireball. The pilot's chilling final words, “We're out of time,” captured the desperate moments before the Learjet 60 plunged into a Florida mobile home community. The crash triggered a massive fireball and left authorities investigating multiple fatalities.
Florida Learjet 60 shot down by air defense systems deployed around Trump's Mar-a-Lago? Conspiracy theories surface online after 9 killed in fiery crash
A private business jet crashed in Florida, resulting in the deaths of all nine persons on board. The jet, en route to the Bahamas, experienced a rapid descent and declared "mayday." Speculations arose on social media regarding possible involvement of air defense systems protecting President Donald Trump's Mar-a-Lago resort. The Federal Aviation Administration and the National Transportation Safety Board are currently investigating the incident.
Learjet airplane crash: Was the plane missing a key part of its tail? All about the horizontal stabilizers
Tragedy struck as a Learjet crashed into a residential neighborhood in Palm Beach County, claiming the lives of all nine individuals on board. The flight, which originated from Austin-Bergstrom International Airport, was en route to North Eleuthera Airport when it fell from the sky and exploded. Eyewitnesses recounted chilling images of the aircraft descending rapidly.
Florida Learjet 60 plane crash that killed all 9 on board captured on horrific dash cam video — watch here
A Learjet 60 crashed in Greenacres, Florida, resulting in the death of all nine passengers on board. The private plane was en route from Texas to the Bahamas when it experienced a rapid descent before its eventual crash. Eyewitness footage showed the aircraft nosedive before exploding upon impact, narrowly avoiding nearby homes. An investigation by the Federal Aviation Administration and the National Transportation Safety Board is ongoing.
Florida jet crash: Aircraft erupts into fireball near busy roadway, killing all nine on board
A business jet crashed in Greenacres, Florida, resulting in the deaths of all nine individuals on board. The aircraft was en route to the Bahamas from Austin-Bergstrom International Airport in Texas while encountering severe turbulence and icing conditions. Minutes before the crash, the pilot reported an emergency and rapid descent. Authorities have evacuated a nearby mobile home community as federal investigators begin their inquiries.
India's October coal-fired power output jumps most in 3 years as hydro generation slumps
India experienced a surge in coal-fired electricity generation of 25.7% in October compared to the previous year. The increase was attributed to a substantial decline in hydropower generation by 26% caused by lower rainfall. Power demand from industrial activity contributed to the rise in coal usage across the country. During October, renewable power generation also increased by 34.7%, primarily from solar energy. Overall electricity generation grew by 21.
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pump
Major oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in Iran leads to increased fuel prices for American consumers. Trump's investments in oil and gas stocks have significantly appreciated during this time. More than 94% of his oil stock purchases occurred after the conflict began. Rising fuel prices serve as a crucial issue ahead of the upcoming midterm elections.
UP looks beyond Lucknow to boost startups, MSMEs as Aavishkaar, Intellecap partner with Invest UP
With more than 11.5 million MSMEs across the state, Uttar Pradesh is looking beyond its established startup centres to build a wider enterprise ecosystem. A new Invest UP partnership with Aavishkaar Foundation and Intellecap aims to take capital, advisory support and market connections closer to entrepreneurs across its districts.
Indian Oil net profit triples YoY to 21,630 cr in Q2
Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attributed to elevated pump prices and government subsidies for LPG sales. In contrast, the same quarter last year showcased a profit of only ₹7,610 crore. Moreover, operational revenue increased by 29%, reaching ₹2,62,935 crore, with the firm's operating profit from petroleum product sales more than doubling.
India's 500 GW RE target hinges on LDES scale-up; FY28 viability gap funding key enabler: IESA report
With a target of 500 GW of renewable energy capacity by 2030, India recognizes the urgent need for long-duration energy storage solutions. The India Energy Storage Alliance stresses the pivotal role of viability gap funding to promote quicker adoption of these technologies. Current data reveals substantial solar energy curtailment caused by grid restrictions, highlighting the necessity for strategic policy support and innovative business paradigms.
SBI credit card rule changes from December 1, 2026: 1% fee on high-value transportation and fuel transactions; what changes for you
From December 1, 2026, SBI Card users will incur extra charges on specific transportation and fuel transactions. This fee structure will impact regular SBI credit card users significantly.
ACME Solar shares rally 5% after Q2 profit jumps over 100%, signs 400MV agreement with NTPC
ACME Solar shares rose 5% after its Q2 FY27 profit surged 133.5% to ₹269 crore and revenue climbed 67.5% to ₹1,007 crore. The rally was also supported by its subsidiary signing a 25-year power purchase agreement with NTPC for a 400 MW renewable energy project.
Adani Green’s debt maths: Why leverage may fall below 4x as capex cycle matures
Adani Green Energy Limited is looking forward to a decrease in leverage as its upcoming projects start functioning and yield cash flow. With a substantial ₹2.4 lakh crore earmarked for capital expenditures by FY30, the company aims to enhance its renewable energy capacity. As project loans are paid off, leverage is expected to dip below four times.
BJP allies Shiv Sena & NCP oppose Maharashtra's Karjat power project; CM Devendra Fadnavis terms it 'eco-friendly'
BJP allies, including Shiv Sena and NCP, are raising strong objections to the Torrent Power project in Karjat. They point to the potential environmental destruction caused by the removal of century-old trees. MP Omraje Nimbalkar from Shiv Sena urged for tree planting initiatives to precede any cutting, while NCP's Suraj Chavan warned about the severe implications for climate change.
India climate-tech funding may reach USD 1.9 billion in 2026 as growth capital expands: Report
India's climate-tech and deep-tech sectors are expected to attract new investments by 2027 due to various factors. The report indicates that funding has been heavily focused on larger transactions, which raises concerns regarding smaller companies. Opportunities for investment exist in diverse areas such as deep technology and energy storage, highlighting potential for growth. Government initiatives are increasingly supporting this transition, as they disburse significant funding for projects.
Karjat project sparks Maharashtra political faceoff as thousands of trees are cut for 3,000 MW plant
A significant controversy emerged in Maharashtra due to tree cutting for Torrent Power's energy project. Locals and activists oppose the project due to environmental concerns and tree felling. Shiv Sena leader Aaditya Thackeray questioned the project's need while citing its ties to Gujarat. The Maharashtra government claims the project is essential for energy needs and has followed regulations.
5 stocks with consistent score improvement and upside potential of up to 30% in 1 year, according to analysts
When the profit a company is expected to earn gets marked down, the price the market will pay for its stock has to come down too. That has not quite happened, which is why valuations are still high in many parts of the market. So, don’t assume all the damage is already done just because the market has had a few bad days.
Torrent Power says 3,000-MW Karjat pumped storage project outside Bhimashankar Sanctuary
The company in a statement said the project, which will supply power to Maharashtra, would support grid stability as the share of solar and other renewable energy rises, while reducing reliance on coal-fired generation during evening peak hours. It also rejected reports of tree felling inside the sanctuary, describing them as based on incorrect information.
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