RBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon

Shaktikanta Das

Business Standard

The government has set a fiscal deficit target of 5.9 per cent of GDP for FY24

govt spending, fiscal budget, budget

Shares of Ashapura Minechem were locked in the 5 per cent upper circuit at Rs 460.25 on the BSE.

Sensex, Nifty, stock brokers

Stocks to Watch on December 7, 2023: As per reports, Warburg Pincus is offloading shares in Bharti Airtel and IDFC First Bank

bse, stock market, markets

Jain acquired Adani shares weeks after a brutal shortseller report had battered the ports-to-power conglomerate and wiped out more $150 billion in market value

Rajiv Jain

Bloomberg

Electricity demand is growing 7% annually, dwarfing expansion in other economies. This led the govt to mandate the addition of both renewable and thermal capacity to prevent blackouts, the CEO said

Adani Green Energy, Adani Power

India on Monday said that advanced fishing nations must take responsibility for the damage caused to the Indian Ocean tuna stocks.
Addressing virtually the concluding session of the 19th Working Party on Data Collection and Statistics of the Indian Ocean Tuna Commission (IOTC), Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala said the recent surge in industrial fishing by some nations has raised concerns globally.
While many nations allowed their gigantic industrial fleets to exploit and deplete the Indian Ocean's tuna wealth, India maintained fleets of modest size operating with passive gear and leaving minimal footprints in the seascape, he said.
"The impact of advanced fishing nations on global tuna stocks, especially in the high seas, is undeniable," he said.
Recent research indicates that high seas fisheries, in their current scale, heavily rely on large government subsidies.
Stating that the surge in industrial fishing has posed challenges to the ...

Indian Ocean

Press Trust of India

Amazon.in on Monday announced the expansion of its Amazon Future Engineer (AFE) program to introduce advanced coding and artificial intelligence (AI) modules in 100 Karnataka Residential Educational Institutions Society (KREIS) schools.
The company said in a statement it will also provide digital infrastructure enhancements for 30 KREIS schools.
"This expansion will impact over 13,000 students in grades six to eight across 30 districts of Karnataka," it said.
The expanded module will enable students to develop complex computer applications incorporating advanced programming concepts like control conditions, variables, and functions, the company said.
"Additionally, through project-based learning, students will also be introduced to the basics of AI with a further understanding of its  relevance, future possibilities, and impact on their lives and the world around them," the statement added.
This programme will complement the current courses in coding, logical sequencing, learning 

Amazon

The company achieved domestic sales of approximately 35,000 machines in 2022 and anticipates reaching around 45,000 units for 2023, reflecting a robust 30 per cent annual growth

More than 1 lakh firms voluntarily exited under the companies law in nearly five years, the government said on Monday.
Besides, many companies have sought voluntary liquidation under the Insolvency and Bankruptcy Code (IBC).
"From FY 2018-19 to FY 2023-24 (up to 30th November, 2023) 1,06,561 companies have exited voluntarily under section 248(2) of the Companies Act, 2013.
"From FY 2018-19 to FY 2023-24 (up to 30th September 2023) final reports of 1,168 companies have been submitted by liquidators under section 59 of the Insolvency and Bankruptcy Code, 2016 (Code), of which final dissolution orders have been passed by NCLT in 633 cases during the said period," Union Minister Rao Inderjit Singh told the Lok Sabha.
Section 248(2) of the Companies Act pertains to voluntary exit of companies while Section 59 of the IBC relates to voluntary liquidation of companies.
In the last five years, Singh said the time taken for voluntary exit under Section 248(2) of the Companies Act, 2013 has 

companies law

S&P said that India will be the fastest-growing emerging market in the world, but its paramount test will be whether the country can become the next big global manufacturing hub

indian gdp, indian gdp growth

The BJP has twice now won majorities in India's parliament by sweeping almost every constituency in the north and the west of the country

PM Modi, Narendra Modi

Before India and China can commit to a future without coal, there are geopolitical and technological hurdles that need to be resolved

coal supply, power, energy, mining

Tata Group-owned airline said that the move is expected to help Air India save $1 million annually

Air India moves its entire IT infra to cloud

West Bengal Chief Minister Mamata Banerjee on Monday said she won't be able to attend the upcoming opposition INDIA bloc meeting scheduled in Delhi on December 6, citing prior engagements in North Bengal.
Banerjee said she was unaware of the meeting date and indicated that had she been informed in advance, "she would have rescheduled her itinerary."
Leaders of the opposition INDIA bloc are set to convene at the residence of Congress president Mallikarjun Kharge in Delhi on December 6 to formulate a strategy for the 2024 Lok Sabha elections, as per sources on Sunday.
"I will be visiting North Bengal from December 6- December 11. I was not aware of the meeting date on December 6. Had I known about the meeting date beforehand, then I could have rescheduled my visit," Banerjee told reporters outside Raj Bhawan.
The participation of any other leader from the party at the meeting remains unclear at this point.
Banerjee, accompanied by her nephew and TMC national general secretary Abhish

Mamata Banerjee

Senior BJP leader and former Rajasthan Chief Minister Vasundhara Raje will meet party president JP Nadda in Delhi amid a suspense over the BJP's CM pick for Rajasthan on Thursday

Rajasthan Chief Minister Vasundhara Raje during an election rally in support of the BJP candidates, in Bhilwara | Photo: PTI

vasundhara raje

The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parliament was informed on Thursday.
In January 2023, the Union Cabinet approved the National Green Hydrogen Mission (NGHM) with an outlay of Rs 19,744 crore with an aim to make India a global hub for manufacturing this clean source of energy.
The mission is expected to lead to development of 5 Million Metric Tons per annum of green hydrogen production capacity by 2030, New and Renewable Energy Minister R K Singh said in Lok Sabha.
"Request for selection (RfS) has also been issued for selection of green hydrogen producers for setting up production facilities of 4,50,000 tonnes for green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-I) on July 10, 2023. Last date for submission of bids is December 12, 2023," he said.
Singh further said that December 12, is also the last date

green hydrogen

India will add another 38 gigawatt (GW) of renewable energy capacity by March 2025 to touch 170 GW-mark, aided by moderation in solar module prices, an Icra analyst said on Thursday.
The country's installed renewable energy capacity was at 130 GW as of October 2023, Vikram V, Vice President & Sector Head - Corporate Ratings, Icra, said in a webinar.
Indian Renewable Energy (RE) capacity is expected to reach 170 GW by March 2025, led by strong policy support and moderation in solar module prices, he said.
The capacity addition thereafter is likely to be supported by the significant improvement in tendering activity in the current fiscal with over 16 GW projects bid out so far and another 17 GW bids underway by the central nodal agencies, Vikram said.
The share of RE-based round-the-clock (RTC) projects is expected to rise in upcoming tenders to mitigate the intermittency risk associated with renewables.
This is in line with the 50 GW annual bidding trajectory announced by the ...

wind turbine, wind mill, renewable power, energy, wind energy

These projects are expected to fuel the prospects of UP's ambitious mission to become India's first trillion-dollar economy

Logistics

The report stated that amid increased office space completions, vacancy levels across most top cities rose marginally except in NCR, MMR, and Kolkata

Co-working spaces likely to see momentum in 2018, say experts

Displaying categorized search results for world cup

Latest News

In this section

All

5 MLAs confined in resort: Vasundhara Raje's son faces row amid CM suspense

Submit bids for green hydrogen, electrolyser mfg projects by Dec 12: Govt

Renewable energy capacity to reach 170 GW by March 2025: ICRA analyst

Uttar Pradesh govt to spend Rs 40K crore on logistics, industrial parks

Office rents up 7% in top 7 cities despite tepid leasing in H1: Anarock

Most Popular

Read

Shared

Commented

On a hat-trick: Will RBI Governor Shaktikanta Das throw another surprise

Govt limits additional spending to Rs 58,378 crore, eyes fiscal prudence

This smallcap stock hit new high after gap of 15 years; up 47% in 1 month

Stocks to Watch: Adani Wilmar, Delta Corp, Paytm, Bharti Airtel, IRCON, BEL

Adani Group's $79 billion rally makes a winner of GQG's Rajiv Jain

Displaying categorized search results for world cup Advance Search