power tariff hike

Summer Drives Higher Consumption, Fuel Cost Adjustments Inflating Your Bills

Commission Says Mechanism Not For Recovery Of Previous Dues

In 2013, the FCNR (B) scheme mobilised a critical $26 billion. The rupee’s fall was arrested, and the currency clawed its way back. Should India walk on the same path again?

HSBC initiates SRF coverage with a buy, citing strong growth potential in specialty chemicals and performance films. Jefferies is bullish on Grasim, expecting increased capital availability for growth. Nomura sees Adani Ports expanding its marine business significantly in Europe. CLSA maintains a hold on Tata Power, believing the worst is over.

The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary gold purchases for a year. But is a hike in duties an effective way to curb consumption? We take a look:

President Trump's visit to China is overshadowed by the Iran War, which has disrupted global energy supplies and impacted his approval ratings. While trade and Taiwan remain on the agenda, the protracted conflict in Iran presents a significant challenge, with the US struggling to achieve its war aims and facing a decline in superpower status.

Eating out is set to become significantly more expensive as commercial LPG prices have surged by nearly Rs 1,000 per cylinder. Bengaluru hoteliers are compelled to hike menu prices by approximately 10% due to this steep increase, which follows two previous hikes in recent months. This development poses a considerable challenge to the hospitality sector.

Electricity prices in Delhi are set to rise as the Appellate Tribunal for Electricity ordered the DERC to liquidate over Rs 38,500 crore in regulatory assets. This accumulated debt, stemming from unrecovered costs since 2007 due to unchanged tariffs, will be recovered from consumers over seven years through a surcharge.

Jharkhand State Electricity Regulatory Commission (JSERC) has approved a 40% power tariff hike for DVC-served areas for 2026-27, a reduction from DVC's proposed 45%. While domestic low-tension consumers see a slight drop, commercial and high-tension consumers, along with industries, face significant increases. A green energy tariff and rebates for timely payments and prepaid metering have also been introduced.

Iran reportedly used a Chinese-built spy satellite, TEE-01B, to monitor US military bases in the Middle East during recent conflicts. Leaked documents suggest the Islamic Revolutionary Guard Corps utilized the satellite for targeting and assessing strike success. China denies providing military support, calling the accusations fabricated.