Shares of HDFC fall after chairman steps down, triggering investor concerns over leadership transition, governance stability, and banking sector sentiment.
India is boosting civil nuclear cooperation with Russia as part of a long-term aim to increase atomic power production.
Speaking at the “India and Russia: Towards a New Bilateral Agenda” conference, External Affairs Minister S. Jaishankar emphasized nuclear energy as a critical component of bilateral relations. He referred to the Kudankulam Nuclear Power Plant as a showpiece project and emphasized Russia’s position as a reliable partner in India’s nuclear goals.
India plans to increase its nuclear energy capacity to 100 GW by 2047 as part of its “Nuclear Energy Mission for Viksit Bharat”. Currently, nuclear power accounts for approximately 3.1% of the country’s electricity generation, with installed capacity predicted to increase to 22 GW by 2031-32.
The collaboration, which is funded by Russian state nuclear corporation Rosatom, will focus on fuel supply, reactor technology, and industrial localization. Both countries are also discussing Russian-designed VVER reactors and greater high-technology cooperation.
The drive follows agreements reached during Vladimir Putin’s 2025 visit to India, in which both governments agreed to strengthen nuclear and economic ties, with a goal of increasing bilateral trade to $100 billion by 2030.
