Prittle Prattle Pr

Author: admin

  • NTT DATA Launches AI-Powered Cyber Defense Centers Across India, Expands Global Security Network

    With autonomous AI, human-machine SecOps, and advanced orchestration, NTT DATA’s Cyber Defense Centers offer faster response, deeper visibility, and 24×7 protection across borders

    NTT DATA, a global leader in AI, digital business, and technology services, has announced the establishment of six new AI-powered Cyber Defense Centers to significantly enhance cybersecurity capabilities for global enterprises. Four of these advanced centers are already operational in India located in Bengaluru, Hyderabad, Noida, and Mumbai while two more are set to open in Birmingham, UK, by December 2025 and in Dallas, USA, by January 2026.

    These Cyber Defense Centers are built on a next-generation security model that integrates AI-powered threat detection, agentic AI for security operations, and intelligent automation. This approach is designed to modernize how organizations handle cybersecurity threats by reducing investigation times by up to 60% and minimizing alert fatigue by as much as 90 percent. The model represents a shift from traditional centralized security to a distributed and autonomous model that enhances response times, operational efficiency, and threat visibility across regions.

    At full capacity, the centers will support more than 800 security analysts and provide 24/7 protection to over 1,200 global clients. They leverage AI agents that automatically triage and investigate incidents, enabling human analysts to focus on high-value tasks such as digital forensics, incident response, and threat recovery. Each center is fully equipped with cutting-edge tools that deliver real-time global threat intelligence, localized risk analysis, and unified dashboards for proactive decision-making.

    NTT DATA’s offering spans Managed Detection and Response (MDR), incident response services, compliance advisory, threat intelligence, and cloud and OT security solutions. These services are designed to reduce cyber risks, streamline compliance, and improve overall threat response capabilities for large enterprises operating in an increasingly complex digital environment.
    Charlie Li, Head of Cloud and Security Services at NTT DATA, emphasized the importance of securing digital transformation journeys at scale. He said that the company’s expanding network of Cyber Defense Centers enables global enterprises to counter sophisticated, AI-enabled cyber threats while accelerating their edge-to-cloud innovation.

    The Cyber Defense Centers also operate in collaboration with national agencies including CERTs and cybersecurity regulators to ensure compliance with local privacy and AI-related legislation. This global-local or “glocal” model allows clients to navigate regional threats with greater precision and regulatory alignment.
    Sheetal Mehta, Head of Cybersecurity at NTT DATA, stated that today’s threat environment requires intelligent and adaptive cyber defenses. She added that these centers support the company’s broader vision of a globally connected defense network that uses automation, human expertise, and strategic partnerships to protect business ecosystems.

    The rollout of these Cyber Defense Centers adds to NTT DATA’s expansive cybersecurity footprint, with more than 40 security operations facilities across 50 countries. The company continues to invest in advanced AI, cyber resilience, and secure digital infrastructure to help clients build long-term digital trust while defending against modern threats in real time.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • NIESBUD Hosts Delegation from South Sudan to Deepen TVET and PPP Cooperation

    With 28 senior participants and three cabinet ministers expected, the initiative focuses on entrepreneurship, quality assurance, and industry-linked TVET governance.

    The National Institute for Entrepreneurship and Small Business Development (NIESBUD), under the Ministry of Skill Development & Entrepreneurship (MSDE), is currently hosting a 12-day international training programme titled “Strengthening the Public Private Partnership Model in the South Sudan TVET Ecosystem,” from 2 to 12 December 2025.

    Organised under the Indian Technical and Economic Cooperation (ITEC) initiative of the Ministry of External Affairs (MEA) and in collaboration with UNESCO, the programme has brought together 28 high-level participants from South Sudan. Delegates include senior officials from key ministries General Education and Instruction; Labour, Youth and Sports; and Higher Education, Science and Technology along with private sector representatives. Three cabinet ministers from South Sudan are also expected to join later this week.

    This initiative aims to support institutional capacity building in South Sudan through exposure to India’s TVET (Technical and Vocational Education and Training) ecosystem. Core focus areas include governance reforms, PPP frameworks, entrepreneurship, and market-relevant skill development.
    As part of the immersive learning experience, the delegation visited Kaushal Bhawan in New Delhi on 4 December 2025 and interacted with Ms. Debashree Mukherjee, Secretary, MSDE. Welcoming the delegation, the Secretary underscored India’s unified skilling framework that brings together institutions such as DGT, NCVET, NSDC, Sector Skill Councils, NIESBUD, IIE, and others under MSDE’s coordinated leadership.

    She emphasized the importance of public–private collaboration in skilling, India’s integration of entrepreneurship into TVET outcomes, and the growing opportunities for bilateral exchange in agriculture-based livelihoods, construction skills, women-centric skilling, and digital capacity building.
    Delegates attended a series of thematic sessions delivered by key institutional stakeholders. Topics included: MSDE’s flagship schemes, quality assurance in skilling, long-term vocational training, and digital and emerging technologies in skilling. These sessions offered insights into India’s scalable, standards-driven, and tech-enabled skilling architecture.

    Senior officials including Ms. Archana Mayaram (Economic Adviser, MSDE), Ms. Hena Usman (Joint Secretary, MSDE), Dr. Poonam Sinha (Director General, NIESBUD), and other directors and specialists from MSDE, NCVET, and UNESCO were present.
    Throughout the programme, participants will engage in experience-sharing, field visits, institutional exchanges, and capacity-building interactions with Sector Skill Councils, premier training institutions, and industry partners.
    This international exchange reaffirms India’s commitment to fostering inclusive development, streaming global partnerships, and advancing skill ecosystems under the ITEC framework.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • India Moves Closer to Battery Self-Reliance as IFC Invests in GFCL EV’s Greenfield Facility

    In a step toward deepening India’s clean-tech supply chain, GFCL EV secures IFC investment to establish a fully integrated battery materials facility, enabling job creation, innovation, and value addition for the EV ecosystem.

    Gujarat Fluorochemicals Limited (GFL), one of India’s leading fluorochemicals producers, has announced a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group. The development marks a milestone in India’s clean energy journey, as IFC invests approximately US$50 million in GFL’s subsidiary, GFCL EV Products Limited (“GFCL EV”), through compulsorily convertible instruments.

    The investment will support the creation of India’s first fully integrated battery materials facility, aimed at powering both electric vehicle (EV) and energy storage segments. The facility will help strengthen India’s participation in the global battery materials supply chain while supporting national goals of energy security, green mobility, and sustainable manufacturing.
    GFCL EV currently offers a wide array of battery-related products including:
    • Battery chemicals such as electrolyte salt (LiPF6), custom electrolyte formulations, and advanced additives
    • Cathode active materials (LFP)
    • Binders including PVDF and PTFE

    The company has backward integration into key raw materials, making it one of the few large-scale battery materials manufacturers worldwide with such capabilities.
    Speaking about the investment, Mr. Vivek Jain, Chairman of the INOXGFL Group, said, “We are delighted to welcome IFC as a strategic partner in GFCL EV. Their backing reaffirms our vision for a greener future. IFC’s global expertise and commitment to sustainability will help us scale faster, strengthen local value chains, and support India’s green transition.”
    Dr. Bir Kapoor, DMD and CEO of Gujarat Fluorochemicals Ltd., added, “This is IFC’s first investment in a battery materials company in India. It will allow us to scale up our manufacturing capabilities and reinforce India’s position as a reliable global partner in clean energy components.”

    Mr. Imad N Fakhoury, IFC Regional Division Director for South Asia, noted, “India is rapidly scaling its EV and energy storage sectors. This investment will enable India to build domestic capacity in advanced materials and become a vital part of the global supply chain.”
    Carsten Mueller, IFC’s Regional Industry Director for Manufacturing, Agribusiness, and Services in Asia, emphasized the strategic alignment: “Our partnership with GFCL EV will help create a one-stop platform for battery materials manufacturing in India. This is a key move toward energy security, private investment, and innovation.”
    Barclays acted as the exclusive financial advisor to GFCL EV on this landmark transaction.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • India Faces 265 Million Cyber Attacks in a Year, Reveals Seqrite Cyber Threat Report 2026

    Seqrite’s latest report outlines major malware trends, top affected regions, and introduces new ransomware and digital risk protection services

    In one of the most comprehensive analyses of India’s cyber landscape to date, Seqrite, the enterprise arm of Quick Heal Technologies, has released the India Cyber Threat Report 2026. Compiled by Seqrite Labs, India’s largest malware analysis centre, the report reveals over 265 million cyber threat detections between October 2024 and September 2025. This translates to more than 727,000 detections every day or 505 every minute.
    Trojans and File Infectors accounted for nearly 70 percent of all attacks, with 88.4 million and 71.1 million detections respectively. Ransomware activity peaked in January 2025 with over 113,000 detections and 185 incidents, while cryptojacking reached 6.5 million cases. More than 9.2 million network-based exploit scans were recorded, frequently targeting vulnerable platforms such as WordPress plugins, Apache Tomcat, and SysAid.

    The most affected states included Maharashtra with 36.1 million detections, Gujarat with 24.1 million, and Delhi with 15.4 million. Cities like Mumbai, New Delhi, and Kolkata emerged as top targets. From an industry standpoint, the Education, Healthcare, and Manufacturing sectors made up 47 percent of total detections, driven by high criticality and relatively limited cybersecurity resources.
    To support enterprises facing this increasingly hostile digital environment, Seqrite has launched two new enterprise-grade services:

    Ransomware Recovery as a Service (RRaaS): A specialized recovery offering combining expert-led cryptanalysis, forensic tools, and secure workflows to help organizations restore encrypted files safely without paying a ransom. The solution ensures business continuity through validated restoration free from reinfection risks.
    Digital Risk Protection Services (DRPS): A machine learning-powered SaaS platform designed to detect, monitor, and neutralize digital threats beyond the firewall. DRPS enables enterprises to safeguard brand reputation, track domain spoofing, identify fake accounts, and scan the dark web for potential risks. It also offers automated reporting and a dedicated war room for rapid takedown support and legal escalation.

    According to Seqrite’s India Cybersecurity Preparedness 2026 Survey, the country recorded strong adoption of advanced malware protection and backup readiness. However, gaps persist in incident response protocols, asset hygiene, and secure configuration practices. With an average maturity score of 6.37 out of 10, India’s overall preparedness remains uneven.
    Dr. Sanjay Katkar, Joint Managing Director of Quick Heal Technologies Ltd., said,
    “India’s cybersecurity posture is facing immense pressure. Our report aims to help policymakers and enterprises understand the evolving threat landscape and respond more proactively. With the addition of Seqrite DRPS and RRaaS, we are transforming how businesses respond to ransomware and digital risk, giving them the tools to stay ahead of modern attacks.”

    The 2026 report also includes forward-looking predictions and sector-specific insights. It features guidance on strengthening identity-centric defenses, adopting AI-driven threat mitigation, deploying automated patching systems, and building resilience through collaboration and training. Seqrite reports that 14 of its 20 predictions from last year have already come true.
    As India continues its digital expansion, the rising threat from cybercriminal syndicates, state-aligned actors, and hybrid attacks remains a serious concern. Campaigns like Operation Sindoor highlight the need for integrated security strategies across the public and private sectors.
    To access the full India Cyber Threat Report 2026 and learn more about Seqrite’s new services, visit the company’s website.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • A Golden Gallop for India as Ashish Limaye Tops Asian Equestrian Podium

    Supported by Embassy Group and Silva Storai, Limaye’s win ends a four-decade wait for individual continental gold in equestrian

    Ashish Limaye has made history at the Asian Equestrian Championships by securing India’s first-ever individual gold in eventing. Riding his trusted partner Willy Be Dun, Limaye delivered a winning total score of 29.4, a landmark achievement for Indian equestrian sport and the nation’s first individual continental gold since 1982.
    The Indian team, featuring Limaye, Shashank Kanumuri, and Shashank Kataria, also brought home a silver medal in the team event with a combined score of 121.8, just behind Thailand’s 117.6. The double podium finish reflects a turning point for India on the continental equestrian stage.

    Speaking after the win, Limaye said, “It has been a long journey, but today it all feels worth it. After the last Asian Games, when I was leading and had a blank moment, I felt I let everyone down. This is redemption. I’m grateful to Jitu Virwani, Embassy Group, and Silva Storai of Embassy International Riding School for believing in me and my efforts.”
    Embassy International Riding School, led by Director Silva Storai, has provided Limaye with consistent training and support over the years. Backed by Jitu Virwani, Chairman of Embassy Group, the school has built a robust ecosystem for equestrian excellence and has been instrumental in nurturing India’s emerging talents in the sport.

    Limaye also acknowledged his trainers Carola Bierlein and Jerome Robine, his family, and everyone who contributed to his journey. “It takes a village to get here, and my horse Willy Be Dun is at the top of that list,” he said.
    This victory marks more than a medal. It is a powerful message for Indian equestrian sport, showing what is possible when talent is backed by structured training and long-term vision. With the right support, Indian riders can rise to the top of international podiums and inspire the next generation to aim higher.

    Ashish Limaye’s golden ride is not just a personal triumph but a national milestone. It reignites belief in India’s potential in equestrian sports and opens the gates for a new era of global recognition.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • Step Into Renault’s World: Discovery Days Brings Offers, Experiences, and the All-New Kiger & Triber

    From December 10 to 22, customers can enjoy showroom events, immersive experiences, and exclusive festive benefits

    Renault India, the wholly owned subsidiary of the French automaker Renault Group, has announced the launch of its flagship nationwide campaign, ‘Discovery Days’, offering customers a vibrant opportunity to experience the brand’s latest vehicles the new Triber and Kiger in a festive and engaging atmosphere.
    The 13-day campaign will run from December 10 to December 22, 2025, transforming Renault dealerships across India into celebration zones. Designed to be more than a traditional sales event, Discovery Days will feature interactive activities, themed weekends, and personalized customer interactions, aimed at creating memorable moments for existing and prospective buyers.

    To add further excitement, Renault is also rolling out exclusive offers across its lineup during this limited-time initiative. These include:
    • Interest-free financing (0% rate of interest) on all models
    • 50% waiver on processing fees
    • Exchange benefits of up to ₹35,000, over and above the assessed value of the old car
    • Cash benefits of up to ₹25,000 on new car purchases

    Venkatram Mamillapalle, Managing Director, Renault India, said:
    “At Renault, our priority is to create meaningful experiences for our customers. ‘Discovery Days’ is not just about offers but about giving people the chance to explore the new Kiger and new Triber in a celebratory atmosphere. By combining engaging showroom activities with exclusive advantages, we aim to make every visit memorable and enjoyable.”

    The event arrives at a time of growing momentum for Renault India. Supported by GST benefits and the recent launch of the refreshed Triber and Kiger, the company reported 21% sales growth in October and 30% growth in November 2025 (year-on-year), indicating strong customer response.
    With Discovery Days, Renault seeks to not only extend this growth but also deepen its connection with customers by offering a hands-on experience of its design, technology, and value offerings all within a vibrant, customer-first environment.
    To participate or learn more, customers are encouraged to visit their nearest Renault showroom or explore options online at www.renault.co.in

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • Crypto Markets Regain Footing After Selloff, But Traders Still Hedge Cautiously: Bybit Report

    With BTC above $93K and ETH past $3K, reduced downside fear and BAT’s breakout rally suggest improving sentiment, but macro caution prevails.

    Global crypto markets are showing early signs of a rebound after a sharp selloff earlier this month, according to the latest Crypto Derivatives Analytics Report by Bybit, the world’s second-largest crypto exchange by trading volume, in partnership with derivatives analytics firm Block Scholes.
    While Bitcoin crossed the $93,000 mark and Ethereum reclaimed the $3,000 psychological level, traders continue to approach the recovery with caution. The sharp correction on December 1, triggered by hawkish tones from the Bank of Japan, shook investor sentiment just as optimism had begun returning to the markets. Despite positive developments such as Vanguard opening its platform for crypto ETF and mutual fund trading, derivatives data indicates that traders are still operating defensively.

    Han Tan, Chief Market Analyst at Bybit Learn, noted that “cryptocurrencies have been buffeted by multiple crosswinds, from shifting expectations surrounding major central bank policies, to mounting concerns over the viability of DATs. Major crypto prices are likely to remain beholden to macro forces over the immediate term, especially with the pivotal Fed rate decision looming, even as the crypto world attempts to shake off the ghosts of the October 10 liquidation event.”
    The report identifies several signals that reflect improving, yet tentative, market sentiment. Notably, options traders have significantly reduced their bearish positioning. Put-call skew premiums, a key measure of downside protection demand, fell from 10 to 13 percentage points earlier this month to just 2 to 4 percentage points. This shift implies that traders are now pricing crash protection with much lower premiums than just a week ago.

    Meanwhile, leverage activity remains muted. Open interest in perpetual futures has risen modestly alongside the rebound, but continues to lag behind levels seen before the October 10 crash. The absence of liquidation cascades during recent selloffs signals a healthier risk environment, suggesting that the market is no longer overly leveraged.
    Block Scholes’ proprietary Risk Appetite Index reflects this nuanced stance. Although sentiment has tilted more positive, the index indicates that traders have not turned decisively bullish. This aligns with the reality that major assets like Bitcoin and Ethereum still trade far below their all-time highs. The index measures euphoria above one and panic below minus one, with directional movement correlating closely to actual spot returns.

    One standout from the report is the Basic Attention Token (BAT), which has surged over 100 percent since October 11 to approximately $0.27. BAT, which fuels the Brave browser’s privacy-focused advertising model, has significantly outperformed broader altcoin peers and contributed to social tokens becoming the second-best performing sector over the past month, just behind privacy coins.
    The latest findings suggest that while the worst of the recent volatility may be over, cautious optimism rather than euphoria is guiding market behavior. As the industry watches key macroeconomic signals including the upcoming U.S. Federal Reserve decision, sentiment will likely remain data-driven and reactive.
    For a more comprehensive breakdown of these market dynamics, the full Bybit x Block Scholes report is available for download.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • From Platform to Carriage: UNIQLO Brings HEATTECH to the Heart of Delhi Metro

    Signature campaign runs from November 24 to December 24, bringing UNIQLO’s innovative thermal wear closer to Delhi and Gurgaon’s winter commuters via full-train wraps and high-impact station takeovers.

    As winter settles across the capital, UNIQLO has launched a bold seasonal campaign, transforming two full metro trains on Delhi’s Yellow Line into moving showcases for its signature HEATTECH range. Running from November 24 to December 24, 2025, the activation brings warmth and innovation directly to the daily journeys of thousands of commuters.
    The initiative includes eight-carriage train wraps across two trains on the high-footfall Yellow Line, along with immersive branding across key interchange stations like Rajiv Chowk, INA, and Sikandarpur. The visual takeover reinforces the brand’s core proposition: HEATTECH as the must-have winter essential for comfort, style, and functionality.

    HEATTECH, one of UNIQLO’s most popular LifeWear innovations, is engineered with advanced fabric technology that converts body moisture into heat offering thermal comfort without the bulk. Thin, warm, and stylish, it’s designed for the dynamic needs of modern urban living.
    By embedding this activation into the city’s daily rhythm, UNIQLO is not just advertising, it’s introducing a tactile, everyday experience of LifeWear to the people of Delhi and Gurgaon. The metro wrap creates an experiential canvas where innovation meets visibility, making HEATTECH part of the commuter’s journey, both literally and symbolically.

    This initiative highlights UNIQLO’s continued commitment to combining functionality and design in ways that resonate locally. As temperatures drop, the brand ensures that HEATTECH is top-of-mind and top-of-wardrobe for winter comfort.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • From Boardrooms to Classrooms: CXOs Join BIMTECH’s Leadership Dialogue Series

    As part of its monthly “A Conversation with Gen Z” series, BIMTECH hosted CXOs from India’s leading companies, creating a rare space for students to interact directly with business leaders.

    Birla Institute of Management Technology (BIMTECH), one of India’s top AACSB-accredited business schools, recently concluded its flagship leadership dialogue series “A Conversation with Gen Z” for the month a CXO-led session designed to help students explore real-world perspectives on leadership, digital transformation, investment wisdom, and the future of work.
    Bringing boardroom voices to the classroom, the sessions featured an impressive lineup of leaders including Kenji Inoue, CFO and COO at UNIQLO India; Swarup Mohanty, Vice Chairman and CEO, Mirae Asset Investment Managers (India) Pvt. Ltd.; Abhay Batra, Co-Founder and CFO, Clovia; Vijay Ranjan Singh, HR Head, LG India; Seepika Singhal, Senior Director and Global Head of Total Rewards, Brillio Technologies; Rahul Vij, COO, Digi Haat; and Aditya Agarwal, EVP – Digital at Maruti Suzuki India Ltd.
    Throughout the month, the sessions reflected on the evolution of leadership, the power of investing early, the future of marketing, and the mindset required to thrive in today’s fast-changing business environment.

    Candid Lessons and Real Conversations
    Swarup Mohanty’s segment resonated deeply with students, particularly his personal reflections on investment. “I made two mistakes I regret — not starting to invest early, and not staying invested,” he said, emphasizing that Indian capital markets offer one of the most accessible ways to participate in the nation’s long-term growth.

    Abhay Batra demystified the realities of brand-building and customer engagement. “Spending a lot of money doesn’t ensure success. What works is organic connection and doing things the right way,” he said, offering the students a peek into the value of grassroots marketing.

    Vijay Ranjan Singh’s energizing opening set the tone for deep introspection. “You can only defeat yourself,” he told students, urging them to look inward, stay self-aware and embrace responsibility. He referenced popular culture to illustrate the importance of self-discipline, drawing on themes from the film Sultan to connect with young minds.

    CXO Talks as a Pillar of Industry-Academia Engagement
    BIMTECH remains among the few Indian B-schools with a consistent and structured CEO/CXO talk series. The initiative is more than just a learning platform; it reflects BIMTECH’s long-standing commitment to producing industry-ready talent while also offering senior corporate leaders an avenue to contribute to leadership development as a form of social impact.
    The sessions were marked by high interactivity, with students engaging in discussions on entrepreneurship, career journeys, product-market fit, and emerging digital trends.

    A Year of Global Recognition and Innovation
    The CEO/CXO Talk Series is one of several key milestones for BIMTECH in 2025. The institute launched its Bloomberg Lab, set up a Marketing and Retail Research Lab, introduced BIMCOIN a blockchain-based campus currency and entered into a strategic partnership with UNIQLO. It also hosted over 150 startups at Google’s AI Startup Day and bagged the PRME Global Students Sustainability Award 2025 at the United Nations HQ in New York.
    Inspired by its founders, Late Basant Kumar Birla and Sarala Birla, BIMTECH continues to innovate across PGDM, PGDM-International Business, PGDM-Retail, PGDM-Insurance, Online PGDM and Fellow Programmes. Backed by a strong alumni base of 8,000+ global professionals, the institution remains committed to preparing socially conscious and globally competent leaders.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • IGX Gas Volumes Surge 181% in November 2025; New Contracts and Delivery Points Expand Market Reach

    Exchange trades 8.8 million MMBtu amid rising CGD demand; GIXI® rises 2% MoM, falls 10% YoY; Tatipaka sees first trade execution

    The Indian Gas Exchange (IGX) posted a sharp surge in traded gas volume for November 2025, clocking 8.8 million MMBtu (221 MMSCM), a 181% increase month-on-month (MoM) and 249% year-on-year (YoY). The growth was driven primarily by demand from the City Gas Distribution (CGD) sector, as Henry Hub-linked contract prices remained costlier than prevailing domestic spot rates.
    Free-market gas contributed to 75% of the traded volume, while 25% was domestic High Pressure-High Temperature (HPHT) gas traded at the ceiling price of $9.72/MMBtu. Approximately 8 MMSCM of domestic gas with pricing freedom was traded by producers at Bokaro (CBM), KG Basin, and Hazira-ONGC delivery points.

    The Indian Gas Index (GIXI®), IGX’s benchmark price index, stood at ₹993/$11.2 per MMBtu in November, up 2% MoM but down 10% YoY. The trend mirrored global patterns as prices softened due to ample supply and subdued demand. International benchmarks also reflected a downward trend, with European TTF at $10.5/MMBtu (down 24% YoY), WIM-Ex Dahej at $11.93/MMBtu (down 22% YoY), and US Henry Hub at $4.5/MMBtu (up 49% YoY).
    GIXI®-West mirrored the national index at ₹996/$11.2, while GIXI®-East and GIXI®-South were lower by 3% and 9% respectively, influenced by tax and transmission cost variances. GIXI®-Dahej for the month was ₹994/$11.2 per MMBtu, 3% lower than October and trading at a $0.7/MMBtu discount to WIM-Ex Dahej.

    November marked two milestones for the exchange: the launch of a Balance of the Month contract and the first trade executed at the newly activated KG Basin – Tatipaka delivery point. A total of 222 trades were completed during the month.
    Delivery point activity revealed Dahej as the most active for free-market gas and Gadimoga for ceiling-price gas. Other key delivery points included Mhaskal, Dabhol, Ankot, Bokaro, Bhadbhut, Mallavaram, KG Basin, and Hazira-ONGC.

    Contract-wise, Fortnightly contracts led with 65 trades, followed by Daily (53), Monthly (51), Weekly (24), Day-Ahead (23), and Intraday (6). Exchange-based deliveries amounted to 6.4 million MMBtu, approximately 5.4 MMSCMD.
    IGX currently offers delivery-based trading across eight spot contracts Intraday, Day-Ahead, Daily, Weekday, Weekly, Fortnightly, Monthly (up to 12 months), and Balance of Month and two long-duration contracts of 3-month and 6-month terms. These are benchmarked to GIXI®, JKM®, WIM®, and Dated Brent®.
    Note: GIXI® excludes LDC, ssLNG, and domestic ceiling price gas traded at the ceiling price.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub