APERC Approves ₹4,498 Crore Net True-Up Charges; DISCOMs to Claim From Govt

January 1, 2026

APERC Approves ₹4,498 Crore Net True-Up Charges; DISCOMs to Claim From Govt

APERC has approved ₹4,498 crore net true-up charges for Andhra Pradesh DISCOMs for FY 2019-20 to FY 2023-24. The commission asked DISCOMs to claim this from the government, shielding consumers from extra electricity costs.

Government Hikes Tobacco Duty, Shares of Godfrey Phillips and ITC Fall Sharply

January 1, 2026

Government Hikes Tobacco Duty, Shares of Godfrey Phillips and ITC Fall Sharply

From February 1, the government will charge higher excise and health cess on tobacco and pan masala. Shares of Godfrey Phillips dropped 10%, ITC down 6.11% on BSE following the announcement.

UAE Cuts Petrol and Diesel Prices for January 2026, Reversing December Hikes

January 1, 2026

UAE Cuts Petrol and Diesel Prices for January 2026, Reversing December Hikes

The UAE has lowered petrol and diesel prices starting January 1, 2026. Fuel prices dropped across all major types after December’s increase, easing costs for drivers and transporters.

Bulgaria Joins Eurozone Amid Mixed Public Feelings and Political Turmoil

January 1, 2026

Bulgaria Joins Eurozone Amid Mixed Public Feelings and Political Turmoil

Bulgaria, the EU's poorest member, adopts the euro, joining the eurozone as its 21st country. The move sparks excitement among young urbanites but fear among older rural folk. Political unrest and public worries on prices mark this major currency change.

Andhra Pradesh NDA Government Celebrates 2025 Welfare Wins, Sets Bold 2026 Growth Goals

December 31, 2025

Andhra Pradesh NDA Government Celebrates 2025 Welfare Wins, Sets Bold 2026 Growth Goals

Andhra Pradesh's NDA government scored big in 2025 with welfare programs, investments, and growth. It now aims for even more progress in 2026.