Researchers at the International Advanced Research Centre have developed a high-performance thermal battery material that significantly enhances heat energy storage at a lower cost. By incorporating 1% spinel oxide nanoparticles into a phase change material, the new nanocomposite increases specific heat capacity by 45%, benefiting concentrated solar power plants and waste heat recovery systems.

Power Finance Corporation (PFC) has successfully raised USD 300 million through USD-denominated bonds, marking it as the first CPSU and NBFC in India to access the international bond market following the Reserve Bank's new policy. The funds will support lending in power and infrastructure, underscoring global investor confidence in India's economic potential.