Business
The Supreme Court of India has ordered all states and union territories to clear the unpaid dues owed to electricity distribution companies (discoms). These unpaid amounts, called “regulatory assets,” must be fully repaid within four years starting April 1, 2024. Limits and New Rules for Tariffs The court has also mandated that any new regulatory […]
Business
Bharat Heavy Electricals Limited (BHEL), a government-owned engineering company, reported a larger loss for the first quarter of fiscal year 2025-26. The company’s consolidated net loss widened to ₹455.5 crore, compared with a ₹211.4 crore loss in the same period last year. This loss more than doubled compared to the year-ago quarter. Revenue and Expenses […]
National
The new Kartavya Bhavan, part of the Central Vista redevelopment project in New Delhi, is bringing a major shift in how government officials work. The building, which now houses several key ministries, has moved away from traditional cabin-based offices, adopting a more modern, open-plan layout. This new setup replaces personal cabins with shared workspaces, common […]