AMPIN Energy Transition has commissioned a 50-megawatt (MW) solar power facility in Chhattisgarh, marking another step forward in India’s renewable energy expansion. The project, designed to enhance green power availability for industrial and commercial consumers, reflects the growing momentum behind the nation’s clean energy transition. With India targeting ambitious renewable capacity goals by 2030, large-scale solar deployments like this one play a pivotal role in diversifying energy sources, lowering carbon emissions, and reducing dependence on fossil fuels.

India’s ongoing debate over Goods and Services Tax (GST) rate rationalisation has gained fresh momentum with new assessments suggesting that states stand to emerge as net beneficiaries of the exercise. Policymakers and economists point out that aligning rates more closely with revenue neutrality while curbing exemptions could not only simplify compliance but also enhance tax buoyancy for state governments.

MiniMines, a clean-tech startup specializing in mineral recovery and circular economy solutions, has secured multiple grants to accelerate its research and development in mineral recycling technologies. The financial support is expected to bolster the company’s efforts to scale up innovative processes aimed at reducing India’s dependence on imported raw materials.

Delhi’s manufacturing sector has recorded growth nearly three times higher than the national average, according to a recent industry report. The findings highlight the capital’s evolving role as a hub for industrial innovation and economic diversification, moving beyond its traditional identity as a services-driven economy. Analysts attribute this surge to supportive state policies, growing investments in infrastructure, and strong demand from both domestic and export markets.

India’s coal sector posted a robust 12 percent growth in production during April–August, underscoring its critical role in meeting the country’s surging energy needs. The increase reflects both higher domestic demand for electricity and policy measures aimed at reducing import dependence. The uptick in output highlights India’s ongoing reliance on coal as its primary energy source, even as the nation accelerates its renewable transition.

Tech Mahindra, a leading global IT services and consulting firm, has entered into a strategic partnership with Abacus Insights, a U.S.-based healthcare technology company, to revolutionize data management in the healthcare sector. The collaboration seeks to accelerate digital transformation by offering advanced cloud-based solutions, ensuring secure, real-time access to patient data, and driving improved health outcomes.

JSW Steel, India’s largest private steelmaker, has decided to halt its proposed coking coal venture in Mongolia, citing strategic and operational considerations. The project, initially seen as a move to secure raw material self-sufficiency, has been paused as the company recalibrates its global investment portfolio in light of evolving market conditions and logistical challenges.

The Goa government has firmly denied plans to acquire land for coal handling projects, countering speculation and concerns among residents and environmental groups. Authorities emphasized that no land acquisition is being pursued for coal-related infrastructure, underscoring the state’s focus on protecting ecological balance while promoting sustainable economic development. This clarification comes amid rising debates over coal imports and handling capacity at Goa’s ports, where environmental sensitivities often clash with industrial expansion.

Maruti Suzuki India Ltd., the country’s largest carmaker, recorded a 6 percent year-on-year decline in vehicle production in August, highlighting persistent challenges in the automotive sector. The company produced approximately 1.7 lakh units during the month, down from nearly 1.82 lakh units in the same period last year. The decline reflects ongoing supply chain pressures, demand moderation in certain segments, and broader macroeconomic uncertainties. While utility vehicles continue to buoy overall industry performance, small car sales remain under strain.

The Reserve Bank of India (RBI) has approved the reappointment of R. Gandhi as non-executive part-time chairman of Yes Bank, reinforcing continuity in the lender’s governance framework. Gandhi, a former deputy governor of the central bank, has been a critical figure in stabilizing the bank’s board and guiding it through regulatory reforms. His renewed term reflects RBI’s confidence in his stewardship, particularly at a time when the financial sector faces heightened scrutiny.