New Delhi, Feb 24 (IANS) Pakistan’s economy is in dire straits as inequality and poverty are rising, while the Federal government is close to bankruptcy, according to an article in the Pakistani media.The article in the Karachi-based Business Recorder pitches for export-led growth as the way ahead to uplift the masses by creating economic opportunities, along with a drastic overhaul of governance in public service delivery, especially in education.It notes that political parties refuse to devolv…
Latest Energy Sector News & Updates
New Delhi, Feb 18 (IANS) A significant milestone in the country’s energy sector was marked on Wednesday as the PowerXchange App was showcased live and the Interstate Peer-to-Peer (P2P) Energy Trading Platform was officially launched at the India Energy Stack Pavilion during the Global AI Summit.Union Power Minister Manohar Lal was shown the app, demonstrating how consumers and prosumers can trade surplus solar energy seamlessly. Earlier, the platform was demonstrated live before Prime Minister N…
Munich, Feb 15 (IANS) Amid repeated assertions from the United States regarding New Delhi’s purchases of Russian oil, India, reaffirming its “strategic autonomy”, has conveyed a clear message on the global stage that its energy decisions will be determined by availability, cost, and risk considerations. The remarks come against the backdrop of fresh US sanctions targeting Russia’s oil sector and claims by President Donald Trump and Secretary of State Marco Rubio that India has agreed to halt add…
New Delhi, Jan 29 (IANS) The Centre will soon introduce a new policy on Compressed Bio-Gas (CBG) to further strengthen the existing framework across the entire bio-gas value chain, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday.Speaking to IANS on the sidelines of India Energy Week in Goa, Puri said the upcoming CBG policy will build on the deliberations and outcomes of the discussions held during the event.“The policy will focus on providing financial support for…
New Delhi, Jan 28 (IANS) India is advancing rapidly towards becoming the world’s third-largest economy and will play a decisive role in the global energy demand-supply balance, Prime Minister Narendra Modi said on Wednesday.In an interaction with CEOs of the global energy sector as part of the ‘India Energy Week’ (IEW) 2026, PM Modi highlighted India’s robust economic momentum, drawing attention to an investment potential of around $100 billion in exploration and production, citing inves…
Jaipur, Jan 28 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma departed for New Delhi on Wednesday at around 2:30 p.m. to hold a series of important meetings with senior Union Ministers aimed at accelerating development initiatives and strengthening the state’s infrastructure and public welfare systems. During his visit, the Chief Minister is scheduled to meet the Union Health Minister and former BJP President J.P. Nadda.The discussions will primarily focus on issues related to Rajasthan under…
New Delhi, Jan 27 (IANS) India and Canada on Tuesday signed a joint statement to strengthen cooperation in the energy sector during the India Energy Week 2026 held in Goa. The agreement marks a renewed push to deepen bilateral ties in areas such as oil, gas, clean energy and long-term investments.The joint statement followed a bilateral meeting between India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, and Canada’s Minister of Energy and Natural Resources, Timothy Hodgson.Hod…
New Delhi, Jan 27 (IANS) India’s energy sector must mobilise about $145 billion a year to bridge the gap between its robust economic expansion and ambitious net‑zero pathways, with the investments concentrated in power generation, storage and urgent grid modernisation, a report said on Tuesday.The report from energy and natural resources data analytics firm, Wood Mackenzie, said India remains on track to reach its 1.5 billion tonnes coal production target by 2030 with increasing emphasis on co…
New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi on Tuesday said that India’s energy sector offers investment opportunities worth 500 billion dollars as he urged global oil and gas majors to “Make in India, Innovate in India, Scale with India, Invest in India.”Addressing the India Energy Week 2026, via video conferencing, being attended by representatives from nearly 125 countries in Goa, PM Modi said that the country’s energy sector has vast investment opportunities across differen…
New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi inaugurated the fourth edition of India Energy Week (IEW) 2026 conclave virtually on Tuesday and hailed the India-EU Free Trade Agreement as “Mother of all deals” and an “excellent example of synergy” between two of the world’s largest economies. Addressing the delegates at the event in South Goa after the virtual inauguration, PM Modi said, “You all have come to India to discuss energy and sustainability; I welcome everyone. India Energy Wee…