GST Council meet at Vigyan Bhawan begins; to finalize supporting legislations

Delhi is expected to witness another significant rise in electricity demand this summer. According to the State Load Despatch Centre (SLDC), last year, Delhi's peak power demand had clocked 8442 MW. This year, it is likely to cross 9000 MW. The expected peak of over 9000 MW represents an increase of over 300 per cent compared to the 2879 MW recorded in 2002. Current trends suggest that Delhi's peak power demand is likely to cross the 10,000 MW mark by 2028-2029.

Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being carefully rationed to ensure wider coverage, with domestic households being the top priority. The three major state-run oil marketing companies (OMCs) have initiated a judicial distribution strategy to manage the available Liquefied Petroleum Gas (LPG) stocks.

New Delhi [India], March 11: DP World, a leading global provider of integrated end-to-end supply chain solutions and Global Logistics Partner of the International Cricket Council (ICC), has successfully executed a complex, multi-country logistics operation to power the ICC Men's T20 World Cup 2026 across India and Sri Lanka.

Private life insurers reported robust 20.2 per cent year-on-year (YoY) growth in individual Annualized Premium Equivalent (APE) as the industry continues to see significant expansion. According to a Nuvama report, for FY26TD, the market share for private insurers in the individual APE segment surged 164bp YoY to 72.4 per cent.

Indian Potash Limited (IPL) has signed a Memorandum of Understanding (MoU) with the Government of Odisha for modernization and expansion of Badamba Sugar Mill with an estimated investment of Rs 360 crore, the state-owned company said in a statement.

Singapore, March 11: Globe Teleservices Pte. Ltd. (GTS), a global telecom solutions provider, announced its partnership with Myanma Posts and Telecommunications (MPT Myanmar), Myanmar's state-owned telecommunications operator, to strengthen secure messaging services for subscribers both locally and globally.

India is not China as the two countries differ significantly in their global outlook, development model and approach to international partnerships, Amb (ret) Atul Keshap, President of the US-India Business Council (USIBC), told ANI today. Keshap, who is also Senior Vice President for South Asia at the US Chamber of Commerce, said India's rise in global affairs would benefit both the United States and the broader international community.

Hyderabad (Telangana) [India], March 10: Calibo, a B2B technology company helping enterprises accelerate data and AI innovation, has signed two Memoranda of Understanding (MoUs) with the Government of Andhra Pradesh to advance rapid use case development with AI-ready talent and responsible AI innovation. The partnership includes deploying Calibo AI Academy, in collaboration with the Andhra Pradesh State Skill Development Corporation (APSSDC), across 50+ higher education institutions, and implementing the Calibo AI Innovation Sandbox with the Real Time Governance Society (RTGS) to enable designing, building and secure experimentation of public-sector AI use cases outside production environments.

Among the participating states, Andhra Pradesh has raised Rs 3,000 crore through three securities with tenors of 13, 15 and 17 years. Arunachal Pradesh has raised Rs 190 crore with a 20-year tenor, while Assam has borrowed Rs 900 crore through a 15-year security. Delhi has raised Rs 1,000 crore via a 10-year security. Gujarat has raised Rs 2,000 crore through two securities with tenors of seven years and six months, and 11 years, with an additional borrowing option of Rs 500 crore for each.

Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, qualifying as an ECB under the automatic route of the Reserve Bank of India (RBI). HSBC acted as the Sole Mandated Lead Arranger and Bookrunner for the social loan fund raise, securing participations from HSBC (Gift City), Doha Bank (Qatar), State Bank (Mauritius) Ltd., Bank of China Ltd. (China), and National Development Bank Plc (Sri Lanka). This transaction reinforces CA Grameen's strong track record of raising international funds through innovative financing solutions.