CENTRAL ELECTRICITY REGULATORY COMMISSION
8th Pay Commission: High fitment factor vs high increment rate; how salaries of Level 5-7 employees may change over 10 years
8th Pay Commission calculator: The growth of central government employees' salaries heavily relies on fitment factors and annual increment rates. Various organizations have proposed differing fitment factors and increment rates for the 8th Pay Commission. Salary estimates reveal the potential financial impacts for Level 5-7 employees based on varying conditions. A high increment rate could potentially close the salary gap over time compared to a high fitment factor.
Road ministry doubles performance security for bridge monitoring contracts to 10%
The ministry of road transport and highways has raised the performance security for bridge monitoring projects to 10%. This change aims to ensure higher safety standards and prevent bridge collapses in the future. Additionally, the time for making changes to the bid document has been reduced significantly from two weeks to three days. The refund of security amounts has also been adjusted, benefiting the concessionaires over time.
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Renewables helped India save over $100 billion in fuel imports since 2011: IEA
India's expansion of renewable energy capacity has helped the country avoid more than USD 100 billion in coal and natural gas import costs between 2011 and 2025, highlighting the economic and energy security benefits of generating more electricity domestically, according to a report by the International Energy Agency (IEA).
India may open doors to multinational pharma firms for first-in-human Phase I trials
India is considering modifications to its pharmaceutical regulatory framework to attract multinational companies for clinical trials. Discussions have commenced regarding allowing these companies to conduct Phase I trials in India. Authorities aim to enhance India's appeal for global drug innovation and development. Strengthening manufacturing compliance over the last two years has also been part of the plan.
Ola Electric shares jump 7% ahead of Q2 results, extends EV-policy rally
Ola Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market value after the Centre made EVs its preferred choice for government staff-car procurement. Investors are now awaiting the electric two-wheeler maker's Q2 results for signs of a recovery in its business.
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Who is Kang Wei? The Chinese fund executive reported to be Alice Huang’s husband and now under police investigation in Shanghai
Kang Wei, the Chinese private equity executive reportedly married to Alice Huang, is under investigation by Shanghai police over suspected stock manipulation. The founder of Hexi Investment built the firm alongside Huang after a falling-out with former business partner Zhu Xiaoming in 2017. He has also faced penalties from China's securities regulator.
Vietnam’s Green SM set for Bengaluru debut by December, ruffling ride-hailing market
Senior government officials said Karnataka has granted Green SM an aggregator licence under the Karnataka On-demand Transportation Technology Aggregators Rules, 2016, after the company fulfilled all regulatory requirements.
Gurugram bans coal, wood-fired tandoors at eateries under GRAP
Under the revised guidelines of the Graded Response Action Plan (GRAP) issued by the Commission for Air Quality Management (CAQM), these establishments can now use only electric, gas-powered or other approved clean-fuel equipment. The order has come into immediate effect, an official said.
India's renewable energy expansion averts $100 bn in fuel imports, savings seen at $240 bn by 2030
The findings underline the growing economic and energy-security dividends of India's renewable energy transition, with increased domestic electricity generation reducing exposure to imported fossil fuels and volatility in international energy markets.
Tata Power Q2 Results: PAT jumps 33% YoY to Rs 1,652 crore, revenue rises 26%
Tata Power reported its highest-ever quarterly profit of Rs 1,652 crore in Q2 FY27, up 33% year-on-year. Revenue surged 26% to Rs 19,886 crore, supported by renewables, generation, distribution and a record Rs 10,000 crore first-half investment.
Govt raises price cap for electronic devices to Rs 1.8 lakh for officers; personal retention rights after 4 yrs
The Centre has raised the purchase ceiling for laptops, tablets and similar devices for eligible government officers to ₹1.5 lakh plus taxes, or ₹1.8 lakh for devices with more than 40% Make-in-India content. Officers in Pay Level 12 and above will be eligible, while departments can extend coverage to some lower pay levels, and employees may retain the devices after four years of use.
Provisional registration framework proposed for allied healthcare professionals
The National Commission for Allied and Healthcare Professions has proposed a provisional registration framework for eligible professionals, with provisions for bridge courses, supervised clinical training and competency assessments before regular registration. The draft regulations also propose an online registration system and invite public and stakeholder feedback until December 4.
Amazon's Ring Drone Cam took six years to arrive but you can't buy the $249 security drone yet-here's why
Amazon's Ring has launched its new Ring Drone Cam, a flying indoor security camera first announced six years ago. Priced at $249.99, it is expected to ship in the US on January 27, 2027. However, the device still needs FCC approval before customers can purchase or lease it.
Fires, protests, pollution: How Apple's supply chain woes in India have caused troubles over the years
Three contract workers lost their lives due to asphyxiation at a Tata Electronics factory in Hosur. This incident has prompted investigations by the companies involved and the Tamil Nadu state government. Recent years have witnessed various operational issues at Apple supplier facilities, leading to heightened scrutiny. Apple's supply chain in India continues to face challenges amid efforts to diversify from China.
India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capital
India's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grids, battery storage, green hydrogen and clean technologies, according to a report by Australian economist Nicki Hutley. The report estimates a $6.5 trillion funding gap, which will require international capital to bridge.
Delhi's post-Diwali smog puts Rekha Gupta & Co's clean-air promise to test
Delhi's air quality has recently deteriorated, reaching a severe level of 370 on November 9. Chief Minister Rekha Gupta's government is facing scrutiny over its clean-air promises amidst worsening conditions. Despite various pollution-control measures, including a winter action plan, the situation remains dire as the season intensifies. Punjab has also reported a significant number of stubble-burning incidents contributing to regional pollution.
LIC expects limited impact from IRDAI's proposed commission cuts, cites lower expense ratio
Life Insurance Corporation of India is bracing for new changes set forth by the Insurance Regulatory and Development Authority of India. As it approaches an ownership transition, LIC is cutting its ties with IDBI Bank. The company is focused on fostering a varied distribution network while its executives express optimism about the effects of the reforms, which concentrate on reducing commissions and increasing policy affordability for consumers.
Rare earth magnet scheme: Coal India, IRP seek no sops; other contenders include ReNew, Prozeal
The scheme will run for seven years from the date of award, including a two-year gestation period for setting up an integrated manufacturing facility, and five years for incentive disbursement on the sale of REPM. These magnets are among the most powerful in the world and are widely used in electric vehicles, wind turbines, high-end electronics, aerospace and defence systems.
NBFCs eye rate hikes, higher fees to offset insurance income hit
Non-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustment aims to offset potential income losses from caps on insurance distribution. Companies such as Bajaj Housing Finance and Home First Finance are considering changing their product mix and increasing fees. The Insurance Regulatory and Development Authority of India has proposed stringent commission cuts on credit-linked insurance products.
Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor
Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.
Adani Green bets on battery storage to offset grid issues
Adani Green Energy lost Rs 700 crore in Ebitda over the six months ended September. Without curtailment, its first-half FY27 Ebitda would have been about Rs 9,000 crore, against the actual Rs 8,276 crore.
8th Pay Commission: Rs 69,000 minimum pay, 40% HRA, 67% pension; 5 key NC-JCM demands and their impact on payouts
The National Council of the Joint Consultative Machinery has submitted essential recommendations to the 8th Pay Commission that could impact central government employees. Key proposals include a significant increase in minimum pay, pension, and annual increments. The council also suggests revising house rent allowance rates and allowing leave encashment for up to 600 days. If implemented, these changes could benefit over one crore employees and pensioners financially.
Go Digit says IRDAI's EoM rules led to unintended rise in commission
Goyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with some insurers using savings from large government and crop insurance businesses to increase commissions in retail segments.
8th Pay Commission news: Notified a year ago, 5 biggest 8th CPC developments since November 3, 2025
8th Pay Commission latest news: On November 3, 2025, the government announced the 8th Pay Commission’s Terms of Reference. The Commission is tasked with submitting its report within an 18-month deadline ending on May 3, 2027. An 18-question questionnaire was launched to gather inputs from stakeholders about various employment issues. Additionally, stakeholder consultations began in April 2026, with meetings held in multiple cities. Recommendations will influence future pay and pension adjustments for central government employees.
COP31: EU FTA on horizon, but India won't budge on CBAM
India's environment minister Bhupender Yadav reaffirmed the country's opposition to trade-linked barriers at COP31. The upcoming negotiations will focus on the EU's Carbon Border Adjustment Mechanism affecting various Indian sectors. Participation in carbon markets should remain voluntary, according to Yadav. Additionally, India emphasizes the importance of climate finance from developed nations.
China stocks edge higher as reports of market support lift sentiment
China’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over state-backed Zhuhai Huafa Group’s liquidity continued to weigh on related stocks and bond funds.
America's power bills are soaring. Utilities are now facing an election-year reckoning
Electricity prices are increasingly affecting midterm election campaigns as utility bills rise significantly for consumers. Politicians are proposing measures to curb utility rate increases and reduce profits for power companies. Notably, several gubernatorial candidates pledge to address energy affordability and utility practices if elected. The political climate indicates that utilities may face increased scrutiny and regulatory changes post-election. The long-term effects of these political moves on utility investments remain uncertain.
CCI approves Adani acquisition of Intellismart
Adani Energy Solutions has received approval to acquire IntelliSmart Infrastructure, establishing a major presence in smart meters. This acquisition will help expand the Adani Group's operations in digital grid modernization efforts. The Competition Commission of India also approved other significant acquisitions in various sectors, highlighting ongoing consolidation in the market. Notable approvals include investments in telecom and quick-service restaurants, enhancing industry efficiency.
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