In a boost to India's commitment towards sustainable development, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday gave the nod for the country joining the "International Energy Efficiency Hub". The Cabinet approved India to join the International Energy Efficiency Hub by signing the Letter of Intent, as the country aims to achieve … Read more
Prime Minister Narendra Modi will deliver an address on Friday on the opening day of the three-day Kautilya Economic Conclave, which will feature nearly 150 Indian and international academicians and policymakers discussing issues faced by India and other countries of the Global South. The conclave, being organised by the Institute of Economic Growth in partnership … Read more
In the first such cross-border energy trade pact, a long-awaited tripartite power sales agreement (PSA) among India, Nepal and Bangladesh was signed on Thursday here. As part of the tripartite agreement, Nepal will export 40 MW electricity to Bangladesh via the Indian grid in the first phase — from June 15 to November 15. India … Read more
In the first such cross-border energy trade pact, a long-awaited tripartite power sales agreement (PSA) among India, Nepal and Bangladesh was signed on Thursday here. As part of the tripartite agreement, Nepal will export 40 MW electricity to Bangladesh via the Indian grid in the first phase — from June 15 to November 15. India … Read more
Union Minister of Commerce and Industry Piyush Goyal has announced that India and the US have signed a memorandum of understanding (MoU) on critical minerals that will pave the way for cooperation between the Indian Ministry of Mines with its US counterpart to secure the supply chains in these materials that are critical to the … Read more
The FIIs as per Thursday's data were net sellers in equity segments, while net buyers in debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 12922.56 crore against gross selling of Rs 18131.14 crore. Thus, FIIs stood as net sellers of Rs 5208.58 crore in equities. … Read more
India equity indices closed in the deep red on Thursday amid conflict in the Middle East. At closing, Sensex fell 1,769 points, or 2.10 per cent, to 82,497 and Nifty fell 546 points, or 2.12 per cent, to 25,250. In the trading session, the market trend was negative. 2,864 shares were in red, 1,120 … Read more
Driven by rising rural consumption, the two-wheeler (2W) industry in India saw 22 per cent growth (year-on-year) in the month of September, according to a report on Thursday. Three-wheelers (3W) saw eight per cent growth while tractors witnessed three per cent, as per the report by BNP Paribas India. While retail demand appears mixed, original … Read more
Applauding the Insolvency and Bankruptcy Board of India (IBBI) for the noteworthy achievements of the Insolvency and Bankruptcy Code (IBC) in the short span of 8 years, India's G20 Sherpa and Former CEO of NITI Aayog Amitabh Kant has highlighted that India's global ranking in World Bank’s Ease of Doing Business Index improved significantly, jumping … Read more
Niti Aayog member (Health) VK Paul has said that the government is considering tweaking regulatory norms for MedTech and pharma sectors and sought industry inputs for the same. He said with changing times the regulatory framework also needs to be worked upon. He noted that under the ages of principal scientific adviser to the Government … Read more