Power sector CO2 emissions fall for second time in 50 Years

India’s power sector CO2 emissions fell in H1 2025 for the first time in nearly 50 years (outside the pandemic), thanks to record renewable growth and lower coal use from cooler, wetter weather. The decline in power sector emissions helped

Reality show to apps, Mathrubootham spreads funding wings

Within weeks of announcing his exit as executive chairman of the global software-as-a-service (SaaS) company Freshworks, its founder Girish Mathrubootham appears to be on an investment spree. Photograph via Meta On Wednesday, he invested in Baanhem Ventures, which created Tamil

Sensex ends down 386 points on foreign fund outflows

Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday as foreign fund outflows and concerns over the steep hike in US H-1B visa fees continue to dent investor sentiment. Photograph: Francis Mascarenhas/Reuters The 30-share BSE

Srini Gopalan named new CEO of T-Mobile

Indian-American executive Srini Gopalan has been appointed chief executive officer of telecom operator T-Mobile, amid ongoing debates over H-1B visa policies. Photograph: Wolfgang Rattay/Reuters Gopalan’s appointment, effective from November 1, 2025, comes as US President Donald Trump signed a proclamation

PhonePe seeks Sebi nod for IPO; submits papers

Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company’s spokesperson said, “PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus

Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds

Electric two-wheeler (e2W) companies are upset with some of their suppliers of heavy rare-earth magnet–powered electric motors, who have objected to their proposal — under consideration by the government — that would allow e2W original equipment manufacturers (OEMs) an exemption

Balanced advantage funds tilt towards equities, again

Balanced advantage funds (BAFs), which adjust between stocks and bonds depending on market conditions, have increased their equity holdings over the past year, with most schemes now predominantly invested in equities. Illustration: Uttam Ghosh Net equity exposure in the category

Auto: ‘Efficiency of E20 is more or less on a par with petrol’

‘Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.’ Kindly note the image have only been published for representational purposes. Photograph: ANI Photo Indian Oil Corporation (IOC), India’s largest oil refiner,

Sensex, Nifty end in red in volatile trade

Benchmark stock indices Sensex and Nifty closed lower for the third consecutive day on Tuesday in a volatile trade, dragged by selling in IT and blue-chip private banking shares and foreign fund outflows amid concerns over the steep hike in

A K Bhattacharya: Nirmalaji, Streamline GST Assessment Machinery!

‘It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,’ recommends A K Bhattacharya. Illustration: Uttam Ghosh/Rediff   The decision on revamping the goods and