Solar Power Sold at Loss, Crisis Hits India's Green Energy Target
India's green energy push hits a wall as discoms sell solar power below cost. With ₹6 trillion debt and storage lag, the 500GW renewable target faces a crisis. Read more.
Category : Search result: DISCOMs financial crisis
Life Insurance Explained: Key Aspects for Financial Planning
Understand the crucial role of life insurance in Indian financial planning. Learn about coverage types, tax benefits, and how to choose the right policy for your family's future security.
Bengal Audit Officers Seek Cadre Strengthening from CM
West Bengal Audit & Accounts Service officers association has appealed to CM Mamata Banerjee for cadre reforms, including pay rules and posts, to bolster the state's financial discipline. Read the full story.
Telangana Discoms Seek ₹22,104 Cr Aid, No Tariff Hike
Telangana's power utilities project a ₹22,104 crore revenue gap for 2026-27 but propose no tariff hike. The state government is expected to cover the deficit ahead of key local body elections.
MP power firms want tariff hike despite lower coal cost
Madhya Pradesh discoms seek a steep tariff hike, projecting a Rs 6,044 crore deficit, despite a 25 paise/unit saving from coal cess removal. Experts say the benefit isn't passed to consumers.
AP Power DISCOMs in crisis over Rs 27K Cr arrears
Vidyut Vinyogadarula Ikya Vedika demands Andhra Pradesh govt clear Rs 27,856 Cr subsidy & bill arrears. Delays threaten financial collapse of state power utilities. Details inside.
Zodiac Signs That Build Wealth Slowly But Surely
Astrology reveals the zodiac signs that build wealth through patience, not luck. Discover how Taurus, Virgo, Capricorn, and Cancer achieve lasting financial security.
Tata AIA's Plan Gains Popularity Among NRIs for Long-Term Goals
Tata AIA's Param Raksha Life Pro plan is becoming a preferred choice for NRIs seeking long-term financial protection and growth. Discover its key features and benefits.
India's Winter Power Spike Hits 241 GW: What It Means
India's electricity demand surged to 241 GW in Dec 2025 due to a cold wave. We explain the impact on power prices, discom finances, and future consumer electricity bills. Read the full analysis.
Haryana Power Tariff Public Hearings Set for Jan 7 & 8
Haryana Electricity Regulatory Commission (HERC) will conduct public hearings on Jan 7 & 8 for FY 2026-27 power tariffs. Consumers can submit objections till Jan 4. Read key details.
New Police Financial Intelligence Unit to Prevent Fraud
Chhatrapati Sambhajinagar police forms a dedicated Financial Intelligence Unit (FIU) to proactively track scams, protect citizens from investment fraud, and launch awareness campaigns. Report suspicious schemes now.
Chandigarh's Rs 100 Crore Project Approval Power Restored
The Centre has restored financial powers to Chandigarh's UT Administrator, allowing local approval for projects up to Rs 100 crore. This ends months of uncertainty and will speed up development. Read the full details and conditions here.
Embedded Finance to Drive India's Next Financial Innovation Wave
A new ORF report highlights how embedded finance can revolutionize financial inclusion and innovation in India. Discover the key drivers and $40 billion opportunity.
Punjab Sinks Deeper in Debt: Rs 3.73 Lakh Crore Burden
Punjab's debt crisis escalates to Rs 3.73 lakh crore, consuming 46% of revenue. This fiscal emergency threatens development and demands urgent policy action. Read the full analysis.
Indian Retirement Readiness Slumps Despite High Priority
A new survey reveals retirement is the top financial goal for Indian households, yet readiness has declined. Discover key insights and the urgent need for better planning.
Jaipur Rolls Out Virtual Net Metering for Solar Energy
Jaipur discoms introduce virtual and group net metering, enabling residents without rooftops to harness solar power and slash electricity bills. Learn how to apply.
RBI Intensifies Scrutiny on Bank-NBFC Interconnectedness
The Reserve Bank of India is escalating surveillance on bank-NBFC links, wary of systemic risks. Learn about the new focus areas and regulatory actions shaping India's financial stability.
China's Hong Kong Financial Envoy Qi Bin Reassigned
Qi Bin, Beijing's key financial envoy in Hong Kong, is leaving after just over a year. His assertive push to revive markets stirred debate. Discover the implications for Hong Kong's financial hub status.
MP's 'Free' Smart Meters May Hike Power Bills by 10%
Madhya Pradesh's 'free' smart meters have Rs 513 crore built into power bills. A 10.19% tariff hike is sought, potentially adding Rs 300 to monthly bills. Read the full analysis.
Lebanon Moves to Return Frozen Deposits After 2019 Meltdown
Lebanon's Cabinet approves a draft 'financial gap law' to return funds to depositors after the 2019 financial collapse. The plan prioritises small depositors and uses bonds for larger sums.
4 Zodiac Signs Fated for Wealth After 40
Astrology reveals why Scorpio, Aquarius, Cancer, and Virgo often achieve lasting financial success later in life through perseverance and karmic timing. Discover your sign's wealth path.
Zodiac Signs' Financial Mistakes: Astrology Guide
Struggling with money? Astrology links financial habits to your zodiac sign. Discover the biggest money mistake for each sign and learn how to achieve better balance. Read more!
Bagalkot Horticulture University in Rs 50 Cr Fund Crisis
Karnataka's sole University of Horticultural Sciences in Bagalkot faces a severe financial crunch. With a Rs 50 crore annual shortfall, staff salaries and vital research are at risk. Experts demand urgent government intervention.
MUFG buys 20% in Shriram Finance for $4.4 billion
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Delhi Govt Orders Special Audit of Medical Council
Delhi government mandates a 30-day special audit of Delhi Medical Council to probe financial irregularities and recover losses. The audit targets Dr. Girish Tyagi's tenure. Full story inside.
Mahindra Finance's Dhan Samvaad Builds Financial Resilience
Mahindra & Mahindra Financial Services' Dhan Samvaad initiative has empowered over 150,000 individuals across India with financial and digital literacy, fostering community resilience and inclusion.
UP Smart Prepaid Meters Fail: Rs 904 Crore Dues Pile Up
Uttar Pradesh's smart prepaid meter rollout hits a snag as 29.1 lakh consumers owe Rs 904 crore. UPPCL review reveals billing issues and technical glitches. Read the full report.
Patna Workshop on Financial Empowerment Draws 400+ Students
Magadh Mahila College in Patna hosts a national workshop on financial empowerment. Experts from AMFI & SEBI guide students on investment strategies for long-term wealth creation.
Rajasthan Discoms Cut Power Losses: Jaipur 14%, Ajmer 9.19%
Rajasthan's electricity distribution companies significantly reduced AT&C losses in FY25. Jaipur discom cut losses to 14% from 20%. Discover the strategies behind this improvement and the challenges ahead.
Rajasthan universities face collapse, seek urgent state funds
Vice Chancellors of 17 Rajasthan state universities warn of imminent collapse of higher education standards due to severe financial crisis. Read about the alarming details and their plea for urgent government intervention.
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