New Delhi, April 2 (IANS) The Middle East conflict and elevated oil prices will likely lead to the Reserve Bank of India maintaining the policy repo rate unchanged at 5.25 per cent in its April 2026 MPC meeting, a report said on Thursday.The report from Bank of Baroda predicted that the economic landscape has reached the end of the rate cut cycle, and RBI will now remain on a prolonged pause. The central bank will likely maintain a neutral stance and remain vigilant about the evolving situation,…
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New Delhi, March 8 (IANS) Shripad Yesso Naik, Minister of State for Power and New and Renewable Energy, has emphasised the need to strengthen safety culture at the workplace through consistent use of personal protective equipment, proper shutdown confirmation before undertaking maintenance work, and regular capacity-building and training.Speaking at the ‘Lineman Diwas’ organised by the Central Electricity Authority (CEA), Naik said that the day, observed during National Safety Week, acknowle…
New Delhi, Feb 5 (IANS) While India’s current installed power generation capacity stands at 513.730 GW, the government addressed the critical issue of power deficiency by adding 289.607 GW of fresh generation capacity since April 2014 — transforming the country from power deficit to power sufficient, the Parliament was informed on Thursday.Minister of State for Power, Shripad Naik, said in a written reply in the Lok Sabha that the country successfully met the all-time maximum demand of 250 GW l…
New Delhi, Jan 21 (IANS) In a bid to create future‑ready, financially viable and environmentally sustainable power sector, the government on Wednesday said it has released a new ‘Draft National Electricity Policy (NEP) 2026’ for public consultation with stakeholders.The ‘Draft NEP 2026’ aims to transform the power sector for meeting the vision of Viksit Bharat at 2047. The policy targets per capita electricity consumption of 2,000 kWh by 2030 and over 4,000 kWh by 2047.It also aligns with …