In a recent collaboration aimed at strengthening India's skill ecosystem, The Art of Living's Sri Sri Rural Development Programme Trust (AOL-SSRDP) signed an MoU with Svenska Institute of Technology to train youth in heavy vehicle mechanics and operations. The initiative focuses on equipping young individuals, particularly from rural and semi-urban areas, with technical expertise and hands-on experience. With the use of advanced simulators and real machinery, the programme seeks to address the skilled manpower gap in India's growing infrastructure and logistics sectors.Read more

Trinasolar is introducing its new Elementa 2 Pro and Elementa 3 battery energy storage systems at the Energy Storage Summit India 2025 in Greater Noida. With India already surpassing its COP26 renewable capacity target ahead of schedule, these systems aim to strengthen grid reliability, improve renewable integration, and address growing power demand from sectors such as utilities, healthcare, and data centres. Having shipped over 12 GWh of storage systems globally and targeting 8-10 GWh in annual shipments, Trinasolar continues to expand its energy technology portfolio.Read more

A new study by global energy think tank Ember has found that India can meet its projected electricity demand by 2032 without building additional coal power plants beyond those currently under construction. The report highlights that continued investment in coal would be uneconomical as renewable energy and battery storage are becoming cheaper and more dependable. Ember's analysis indicates that a significant portion of the country's existing and upcoming coal capacity will remain underutilized, increasing costs for distribution companies and consumers.Read more

India has emerged as the world's fourth-largest nation in renewable energy capacity, reaching 257 GW more than triple its capacity in 2014. Union Minister for New and Renewable Energy Pralhad Joshi highlighted the country's rapid solar expansion from 2.8 GW to 128 GW and the growth in solar module manufacturing to 110 GW. He also said India achieved its non-fossil capacity target five years ahead of schedule, making renewable tariffs among the lowest globally. The government now plans a USD 25 million contribution to Africa's solar development through the International Solar Alliance.Read more

Bengaluru-based Sattva Group has collaborated with Chennai-based Innovalus to launch 'GCCBase', a comprehensive platform designed to assist multinational corporations in establishing and scaling Global Capability Centres (GCCs) across India. The initiative aims to simplify the process of setting up GCCs by providing an integrated ecosystem that addresses real estate, compliance, talent acquisition, and operational challenges. This partnership reflects the growing demand for structured solutions to support India's expanding GCC sector, which employs millions and generates significant economic value.Read more

The Reserve Bank of Australia (RBA) Governor Michele Bullock warned that a quarterly rise of 0.9 % in core inflation would represent a "material miss" compared with the Bank's forecast of about 0.6 % and the market's expectation of around 0.8 %. Her remarks suggest that such a figure could reduce the chances of an interest-rate cut at the upcoming board meeting. With the cash rate at 3.60 %, markets currently assign a roughly 60 % chance of a 0.25 % cut and about a 70 % chance that rates will eventually bottom out around 3.10 %.Read more

AkzoNobel recently announced that it would intensify its asset-sale programme after revising down its adjusted core EBITDA forecast for 2025 to around EUR 1.48 billion. The paints and coatings major attributed the revision to persistent macroeconomic uncertainty, inflationary pressures, and currency fluctuations. The company also recorded a EUR 300 million provision related to a legal case in Australia and incurred a EUR 30 million foreign-exchange loss in the recent quarter. Its divestment of the Indian decorative-paints business, valued at USD 1.6 billion, is expected to close by December, signalling its continued focus on portfolio optimisation.Read more

CBRE has released a new viewpoint highlighting recent developments in the automotive retail real estate sector across Asia Pacific amid a shifting market environment. The report outlines how supply chain disruptions, changing consumer demands, regulatory shifts, and sustainability pressures have prompted automakers to reorganise operations and reassess real estate strategies. It also sheds light on key trends such as the expansion of mainland Chinese EV brands, the growing role of landlords in EV charging infrastructure, and the importance of strategic market mapping for future retail formats.Read more

A team of transport specialists from South and Southeast Asian countries visited the Namo Bharat corridor this week to study India's advanced regional rail development. Accompanied by senior officials from the National Capital Region Transport Corporation (NCRTC) and facilitated by the Asian Institute of Transport Development (AITD), the group examined the corridor's modern infrastructure, commuter-focused design, and advanced signalling systems. They also explored the Make in India trainsets built in Gujarat and learned about the corridor's emphasis on sustainability, accessibility, and integration with other public transport systems.Read more

Premier Energies has entered the residential solar inverter market by acquiring KSolare Energy for INR 170 crore through a joint venture with Syrma SGS Technology. This move follows its acquisition of a majority stake in Transcon Industries for INR 500.3 crore. The JV aims to make made-in-India inverters widely available under government rooftop solar initiatives. A new manufacturing facility in Pune will increase production to one million inverters annually, while Premier Energies continues to expand its solar cell, module, and battery storage operations.Read more