India's cabinet approved full foreign ownership in insurance, liberalized atomic energy for private firms, unified education regulators, and signed a trade pact with Oman to enhance economic growth.
Energy
Adani Energy Solutions acquired KPS III HVDC Transmission Ltd to support renewable energy evacuation from the Khavda park, facilitating 2.5 GW capacity.
The Paris climate treaty's 10th anniversary highlights enforceable climate obligations via an international court ruling and major growth in renewables, reflecting progress in global climate action.
JSW Energy’s subsidiary signed a 25-year PPA to supply 400 MW to Karnataka discoms from April 2026, enhancing revenue visibility and advancing its 2030 capacity and carbon neutrality goals.
India's Union Cabinet approved reforms including 100% FDI in insurance, private involvement in atomic energy, a new higher education regulator, and a Free Trade Agreement with Oman.
The UK government’s plan to deregulate nuclear power construction risks weakening environmental laws, threatening biodiversity and EU trade relations.
Russian oil exports dropped considerably in November due to US sanctions fears, causing revenue declines and lower global oil supply, while demand is forecasted to grow in 2025 and 2026.
India's SHANTI Bill introduces private sector participation in nuclear energy, aiming for 100 GW capacity by 2047 while ensuring government oversight in sensitive areas and nuclear safety.
Pakistan received $1.2 billion from the IMF to support climate resilience and economic stabilization under ongoing bailout programs.
Farmers in Punjab protested against the Electricity Amendment Bill and Seed Bill, demanding their withdrawal.
Suzlon's Vice Chairman expects the government to shift over 40 GW of uncontracted renewable energy to firm and dispatchable renewable energy (FDRE), enhancing reliability. This move could help India meet its clean energy goals.
Andhra Pradesh has approved a Rs 4,000-crore solar manufacturing plant by ReNew Photovoltaics. This facility aims to enhance India's solar capacity and reduce imports.