ENERGY TECHNOLOGY MEET
After Japan and Korea, now Singapore: UP's big plan to build a foreign-style city near Noida airport; check location, sectors and investment plans
Uttar Pradesh is planning to develop a dedicated 'Singapore City' in Sector 7 near Noida International Airport at Jewar to attract foreign investment and boost regional growth. Following talks between Chief Minister Yogi Adityanath and a Singapore business delegation, the proposed project will focus on logistics, semiconductors, data centres, AI, green energy and modern urban infrastructure.
Piyush Goyal holds talks with Danish minister to expand economic partnership
India and Denmark are actively exploring various opportunities to strengthen their economic engagement and partnerships. The discussions between Piyush Goyal and Martin Lidegaard emphasized collaborative efforts in trade, investment, and industrial cooperation. Approximately 250 Danish companies operate in India, employing over 100,000 individuals while showing strong interest in further investments. Cooperation in renewable energy and wind energy technologies has been a core focus of their partnership.
Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp
The Indian stock market continues its upward momentum, with the Nifty 50 showing a robust rally and hitting significant resistance levels. Major players like NSE and SBI have posted remarkable quarterly results, illustrating their strong profitability and revenue growth. Firms such as Happiest Minds Technologies and the Multi Commodity Exchange of India contributed positively to the market's performance.
India needs indigenous technologies to ensure energy security: Union Minister G Kishan Reddy
At the NIT Raipur convocation, Union Minister G Kishan Reddy emphasized India's need for innovations in energy, mining, and healthcare. He noted significant growth in higher education infrastructure and international rankings over the past decade. Reddy mentioned government initiatives aimed at supporting research and development in technology sectors. He encouraged graduates to tackle real-world challenges in their fields over the next three years.
India, EU discuss FTA implementation, customs cooperation and market access in Brussels
India and the European Union engaged in discussions regarding the implementation of their Free Trade Agreement. Commerce Secretary Rajesh Agrawal held meetings with various senior European Commission officials in Brussels, focusing on market access and customs procedures. The FTA is expected to eliminate tariffs on the majority of exports from both regions. Both parties are working towards the proposed signing and full ratification of the agreement.
US Midterm elections, Apple earnings, jobs data to test Wall Street after AI rout
Wall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI-led tech selloffs have heightened concerns over infrastructure spending and returns. Apple, AMD and Palantir results, alongside regulatory uncertainty and economic signals, could determine market direction and volatility.
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Vaishnaw visits BEML facility building India’s first bullet train for Mumbai-Ahmedabad corridor
Bharat Bullet Train is being developed for the Mumbai-Ahmedabad High Speed Rail corridor, emphasizing indigenous technology. Railway Minister Ashwini Vaishnaw reviewed various production processes at BEML's Aditya manufacturing facility in Bengaluru. The train will offer advanced passenger amenities and adhere to stringent safety standards during its operation. It is designed to accommodate about 557 passengers, including special provisions for persons with disabilities.
EAM Jaishankar urges Quad to focus on freedom of choice
External Affairs Minister S Jaishankar emphasized freedom of choice and resilient supply chains during the Quad meeting. He highlighted countering non-market practices as a key priority for discussions with partner nations. The Quad aims to enhance cooperation in maritime security and counter-terrorism measures. Additionally, over USD 85 million will be extended for AI access across the Indo-Pacific region.
Jaishankar calls for deeper Quad cooperation on energy security, counter-terrorism, maritime issues
Participating in the Quad Foreign Ministers' Meeting in Atlanta, Jaishankar said he spoke about countering non-market practices and increased economic stresses in the Indo-Pacific region.
In 2007, Range Fuels broke ground on a Georgia plant designed to produce 100 million gallons of ethanol a year from wood waste; by 2011, it had closed without selling any
In Soperton, Georgia, a factory built to produce biofuels closed in 2011 without selling any product. Range Fuels was supported by $156 million in federal funding but failed due to inconsistent technology performance. The cellulosic ethanol mandate established in 2007 aimed to spur a new industry but resulted in shortfalls. Despite advancements in biofuel science, government investments must match realistic technological capabilities.
'Modi's visit to Canada in December will be another building block': Jaishankar meets Anita Anand
S Jaishankar met with Canadian Foreign Minister Anita Anand to discuss diplomatic relations between India and Canada. They agreed that Prime Minister Modi's visit in December will strengthen their ties further. Previous tensions arose after allegations against India regarding a separatist's killing earlier this year. Relations have improved since Canadian Prime Minister Mark Carney's election and visit to India.
"Discussing ACITI": EAM Jaishankar holds trilateral meeting with Australian, Canadian counterparts
External Affairs Minister S Jaishankar held a trilateral meeting with Canadian and Australian counterparts in Atlanta. They discussed the Australia-Canada-India Technology and Innovation Partnership focused on green energy and supply chains. Jaishankar emphasized the need for diplomatic solutions to global challenges and highlighted issues impacting the Global South. He noted the adverse effects of military actions on civilian shipping and emphasized market access issues.
Jaishankar's Atlanta diplomacy: Quad meeting and several bilaterals on G20 sidelines
External Affairs Minister S Jaishankar has a busy schedule during the G20 Foreign Ministers' Meeting in Atlanta. He is expected to engage in discussions with multiple foreign ministers on trade, defense, and energy. Meetings with Canada and Brazil are crucial for redefining relationships and securing resources. Jaishankar will also address India's partnerships with European and East Asian nations.
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.
Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds rates
Japanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 dropped as much as 3%, led by steep losses in chip and AI-related stocks. Meanwhile, the Bank of Japan held its policy rate at 1.25% but signalled a hawkish stance, leaving the possibility of a future rate increase open.
Centre to tap IITs, NITs for nuclear tech courses to power India's 100 GW dream
India is addressing the workforce challenge posed by its 100GW nuclear power goal through new courses. Leading technical institutes like IITs and NITs are expected to introduce nuclear tech programs. A dedicated institute for nuclear technology training is also being planned as workforce development efforts gain momentum. Current estimates show that 2.5 lakh skilled personnel will be needed in the coming two decades.
Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investment
Google's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are investigating whether the company breached local laws related to water management. The controversy has drawn public criticism and highlighted the need for responsible corporate practices. As investment in artificial intelligence increases, balancing economic growth and environmental protection remains challenging.
Assam Chief Himanta Sarma inspects new projects, inaugurates AAC block unit in Tinsukia
Assam Chief Minister Himanta Biswa Sarma recently visited Tinsukia to evaluate ongoing projects and inaugurate a manufacturing unit. He inspected the Tinsukia Medical College and Hospital's facilities as well as the construction of a town hall. During his visit, Sarma also engaged with athletes practicing at Sarbananda Singha Stadium and toured the proposed interstate bus terminus site.
Power Grid asks cable and wire makers to scale up as transmission capex set to rise
Power Grid Corporation of India aims to exceed last year's capital expenditure of ₹40,000 crore for transmission projects. The chairman emphasized the necessity for manufacturers to enhance production capabilities and product quality. Growth in renewable energy projects is expected to drive high demand for cables and wires across the industry. Additional investments for the Green Energy Corridor-III program will further stimulate the market.
India's deeptech dream remains import dependent for critical components
The founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of critical components. “Parts that were earlier available within weeks are now taking months to arrive, making it harder for startups to plan development and testing schedules,” the founder said, requesting anonymity.
US Federal Reserve holds interest rates steady as stubborn inflation puts future rate hikes in focus
The US Federal Reserve has decided to keep its benchmark interest rate unchanged to evaluate inflation trends. Policymakers are assessing how high inflation might affect future monetary policy amid the upcoming midterm elections. Rising energy prices and tariffs contribute significantly to the ongoing inflation pressures faced by the economy. Traders are closely monitoring the upcoming Personal Consumption Expenditures inflation report for indications of future rate hikes.
First top-level Quad Summit under Trump administration likely in Manila
The proposed summit will focus on critical technology, minerals and associated supply chains, maritime security and disaster management, according to people familiar with Quad dynamics. The meeting is also expected to address the establishment of a Quad energy bank. A key item on the agenda will be securing supply chains for essential products, particularly in the light of ongoing conflicts and the weaponisation of trade routes.
In 2019, Cornell began testing sheep grazing beneath New York solar panels; the project examined vegetation control, shade, and forage for the animals
Cornell University researchers have launched an innovative solar grazing initiative aimed at optimizing vegetation management in solar farms. Their experiment evaluates the potential of using sheep to graze beneath solar panels, fostering a dual benefit for energy production and farming. This sustainable method enhances biodiversity and diminishes reliance on traditional vegetation management practices, presenting a promising opportunity for harmonizing agriculture with renewable energy advancements.
Need more resilient energy supply chains amid growing global disruptions: Minister Naik
During the Singapore International Energy Week, India underlines the critical need for resilient energy supply chains. Union Minister Shripad Yesso Naik emphasizes diversifying energy sources to bolster security in the face of global disruptions.
India needs to build up shipping capacity to cash in on cheap crude, IOC chairman says
India is facing challenges in effectively utilising discounted crude oil due to inadequte shipping capabilities. The chairman of Indian Oil Corporation highlighted the increasing freight costs as a significant obstacle to profits. He stressed the importance of investing in shipping and building storage for crude and liquefied petroleum gas. Higher freight rates for Russian oil exports have led to difficulties for Indian refirners.
No intention to increase ethanol blending in fuel beyond 20%: Union minister Hardeep Puri
Petroleum Minister Hardeep Singh Puri on Tuesday said the Centre has no immediate plans to increase ethanol blending in petrol beyond the current 20% level, calling misinformation about E20 fuel a “contrived narrative”.
In 2026, 5 US businesses reached a $1 million pitch competition judged by Nicki Minaj; meet the entrepreneurs behind them
The US Small Business Administration (SBA) organised the Million Dollar Pitch Competition as part of its Freedom 250 initiative marking America's 250th anniversary. Five businesses reached the final after being selected from 1,182 businesses representing all 50 US states. The final was held before a live audience in Washington, DC, on September 18, 2026.
ET Product of the Year Awards 2026: Recognising Home & Kitchen Appliance of the Year innovation that makes everyday living better
The ET Product of the Year Awards 2026 honors cutting-edge home and kitchen appliances introduced or revamped in India. This category emphasizes products that improve daily living by focusing on energy efficiency, practicality, and advanced technology, catering to changing consumer demands. Receiving an award bolsters manufacturers' ability to stand out in a crowded marketplace.
Global Market: European shares flat as investors assess earnings, France turmoil
European shares traded flat as investors weighed corporate earnings and political uncertainty in France. Falling oil prices, driven by hopes of easing US-Iran tensions, supported travel and leisure stocks, while energy shares declined.
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