The reported processing capacity of 322 registered e-waste recyclers in India is 22,08,918.064 metric tonnes (MT) per annum and the processing capacity of 72 registered e-waste refurbishers is 92,042.18 MT per annum as on Feb 9, 2025, Minister of State for Environment Kirti Vardhan Singh informed Parliament on Thursday.

The Central Pollution Control Bureau (CPCB) has developed an online Extended Producer Responsibility (EPR) E-Waste portal where entities such as producers, manufacturers, recyclers, and refurbishers of e-waste are required to be registered, the minister said in a written reply to a question in the Rajya Sabha.

The CPCB has issued guidelines for the scientific and environmentally sound management of e-waste. These guidelines detail procedures and facilities in terms of machinery and pollution control devices required for the recycling of e-waste in an environmentally sound manner.

The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order against Paytm Money after the company paid Rs 45.5 lakh to resolve allegations of regulatory violations.

The settlement order allows the financial services firm to avoid further legal proceedings related to the issue.

The case originated from a show-cause notice issued by SEBI to Paytm Money on July 24, 2024, over non-compliance with the regulator’s technical glitch framework.

The regulator had accused the company of failing to adhere to key operational and regulatory guidelines designed to ensure smooth and secure trading operations.

As India doubles down on the local manufacturing of electric vehicles (EVs), the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME India) Scheme Phase-II has supported more than 16.14 lakh EVs, the government said on Thursday.

FAME India Phase II scheme was implemented for a period of five years from April 1, 2019 with a total budgetary support of Rs 11,500 crore.

The scheme incentivised e-2Ws, e-3Ws, e-4Ws, e-buses and EV public charging stations.

Under the FAME India Phase-II Scheme, as on December 31, 2024, at least 16,14,737 EVs have been supported, said Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, in a written reply in the Rajya Sabha.

Adani Green Energy on Thursday said it is withdrawing from further engagements in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka. However, it reaffirmed the availability of any development opportunity in the South Asian country.

“Adani Green Energy has conveyed its Board’s decision to respectfully withdraw from further engagement in the RE wind energy project and two transmission projects in Sri Lanka,” an Adani Group spokesperson said in a statement.

“However, we remain committed to Sri Lanka and are open to future collaboration if the Government of Sri Lanka so desires,” the spokesperson added.

The Adani Green teams had several rounds of discussions with state-appointed committees. The green energy firm has worked on lands for the project and associated transmission system. Adani Green has spent about $5 million on pre-development activities to date.

England batters once again failed to impress as Harshit Rana, Axar Patel, Arshdeep Singh, and Hardik Pandya claimed two wickets each to seal an emphatic 142-run victory for India in the third ODI at the Narendra Modi Stadium here on Wednesday. Despite getting off to a great start, England failed to capitalise on the solid start, and inconsistency through their batting order once again raised many red flags for the side heading into the 2025 Champions Trophy.

Openers Ben Duckett (34) and Phil Salt (23) flew straight out of the floodgates scoring at 10 runs an over in the Power-play. The duo recorded a fifty-plus partnership for the fourth time in their last five games in the format but the story remained the same. Duckett started the onslaught early hitting Arshdeep Singh for four consecutive boundaries in the fifth over. However, it was the left-arm pacer who had the last laugh dismissing the left-hander in his next over.

A slower ball by Arshdeep saw Duckett slash the ball straight down the ground but could not time it well enough. The ball which travelled high, failed to clear the 30-yard circle making for a simple catch for Rohit Sharma at mid-off.

Tom Banton (38), who replaced Jamie Overton in the side on the day, started strongly hitting a six in the next over off Washington Sundar. He received a lifeline two deliveries later as a thin edge saw the ball zip past wicketkeeper KL Rahul and race away for a four.

Small Industries Development Bank of India (SIDBI) and AFD, France have signed a $100 million credit facility agreement to scale up green finance solutions for Indian micro, small, and medium enterprises (MSMEs), according to a SIDBI statement issued on Wednesday.

The partnership aims to support sustainable growth and drive the transition towards a low-carbon economy.

Under this agreement, AFD will provide a credit line of $100 million to SIDBI to deploy the funds to expand access to affordable financing for MSMEs investing in energy-efficient technologies, renewable energy solutions, and climate-friendly business practices.

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make it more transparent, efficient, and business-friendly.

Expected to be tabled in Parliament on Thursday, the proposed bill aims to replace the decades-old Income Tax Act, 1961, which has become increasingly complex due to continuous amendments, court rulings and exemptions.

While these changes had good intentions, they resulted in a tax code that became difficult to interpret which led to rising litigation, higher compliance costs, and confusion among taxpayers.

The Income-Tax Bill 2025 proposes cutting down the number of sections by almost half, from 819 to 536, eliminating redundant exemptions, and reducing the total word count from 5 lakh to 2.5 lakh.

Government-owned Hindustan Aeronautics Ltd (HAL) on Wednesday reported a robust 14 per cent increase in consolidated net profit at Rs 1,440 crore for the October-December quarter of the current financial year compared to the corresponding figure of Rs 1,261 crore in the same period of 2023-24.

The defence PSU has declared a first interim dividend of FY25 at Rs 25 per equity share of Rs 5 face value. "The record date for the payment of the first interim dividend will be Tuesday, the 18th of February, 2025. The dividend will be paid to all the eligible shareholders on or before 14th March 2025," according to a regulatory filing by the company.

HAL’s revenue from operations registered a double-digit growth of 15 per cent to Rs 6,957 crore compared to Rs 6,061 crore in Q3FY24, on the back of a strong order book from the Defence Ministry.

Meanwhile, HAL chairman and managing director D K Sunil has said that the deliveries of the Light Combat Aircraft (LCA) Tejas would commence soon as the technical issues that were causing the delay have now been resolved.

The fourth-generation fighter jet, developed by HAL, is designed to replace the ageing fleet of MiG-21s, but the IAF chief Amar Preet Singh has been complaining about the defence PSU not meeting its deadlines for delivering the plane.

In a bid to create a talent pool of industry-ready workforce, the Adani Group on Wednesday partnered with ITE Education Services (ITEES) of Singapore to build a skilled talent pipeline for serving industries across the spectrum, including green energy, manufacturing, hi-tech, project excellence and industrial design.

Towards this goal, the Adani family will donate over Rs 2,000 crore to establish internationally benchmarked schools of excellence.

This is part of the Rs 10,000 crore social donation recently announced by the Adani Group. On Tuesday, the company had announced Rs 6,000 crore towards building Adani Health Cities (AHCs) in partnership with US-based Mayo Clinic.

Gautam Adani, the Chairman of the Adani Group, announced in a post on social media platform X that the company is launching the world’s largest and state-of-the-art finishing school in Mundra, Gujarat.

“Delighted to announce one of India’s largest Skill and Employ initiatives! In partnership with Singapore’s ITEES, the global leader in technical training, the Adani Group is launching the world’s largest finishing school in Mundra,” the Adani Group Chairman posted.

India's industrial growth, based on the Index of Industrial Production (IIP), was recorded at 3.2 per cent in December 2024, according to the data released by the Ministry of Statistics on Wednesday.

The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted a 3 per cent growth during December 2024.

The sector plays a key role in providing quality jobs to the young graduates passing out from the country's engineering institutes and universities.

Within the manufacturing sector, 16 out of 23 industry groups at NIC 2 digit-level have recorded a positive growth in December 2024 over December 2023.