DAVOS: India is extra aware of going for inexperienced power than another nation on the planet, union petroleum and pure fuel minister Hardeep Singh Puri mentioned on Monday. He mentioned particular emphasis is being given on green hydrogen, biofuel blending and exploration and manufacturing of biofuel from various sources. Puri asserted that India would finally...
NEW DELHI: The three way partnership of Reliance Industries Ltd and supermajor BP – has advised the federal government that gasoline retailing for the non-public sector in India has turn into unsustainable after market-controlling public sector companies ceaselessly froze petrol and diesel costs at charges method under the associated fee, sources stated. Regardless of a...
PUNE: Akasa Air on Monday has launched the ‘first look’ images of its plane from its Boeing manufacturing facility in Portland because it will get prepared for supply. The airline lately reaffirmed its dedication of being on monitor to obtain its first plane in India by mid-June and launch business operations in India by July...
NEW DELHI: A warmth wave that’s made elements of India the most well liked in 122 years could also be a warning that heightened local weather dangers may drag on financial progress and worsen the nation’s credit score scores. Sweltering temperatures throughout northwestern India might have added to inflationary pressures on this planet’s second-most populous...
NEW DELHI: Reserve Bank of India governor Shaktikanta Das stated the central financial institution desires to boost rates of interest within the “subsequent few” conferences. Expectations of upper charges are “a no brainer,” Das stated in an interview on Monday, including that the RBI may even launch a brand new inflation forecast at its June...
DAVOS: Mahindra and Mahindra will discover sourcing extra parts from different firms to spice up its electrical automobile (EV) portfolio, its chief govt instructed Reuters. Anish Shah stated Mahindra had over time focussed on growing EV parts in-house, however now modified tack to forge partnerships to realize quicker progress within the phase. Mahindra final week...
NEW DELHI: Elon Musk could not want to launch Tesla in India owing to excessive customs obligation however he’s keen on replying usually to Pranay Pathole, a Pune-based Indian working as a software program developer for Tata Consultancy Providers (TCS), on Twitter. On Monday, Musk mentioned that he’s not operating Pathole’s Twitter account. Pathole, who...
TOKYO: President Joe Biden confronted a dilemma on commerce in Asia: He could not simply rejoin the Trans-Pacific Partnership that his predecessor had pulled the US out of in 2017. Many associated commerce offers, no matter their content material, had develop into politically poisonous for US voters, who related them with job losses. So Biden...
BENGALURU: Home indices have been little modified on Monday, after climbing almost 3% within the earlier session, as a pointy selloff in metallic shares countered positive factors within the car sector. The NSE Nifty 50 index was up 0.05% at 16,274.85 by 0400 GMT, whereas the S&P BSE sensex rose 0.1% to 54,395.28. Each the...
CHENNAI/ NEW DELHI: With ice cream gross sales within the nation hovering 45% as a result of intense warmth, the soar in demand is anticipated to assist the Rs 9,000crore trade inch nearer to the Rs 11,000-crore goal, in keeping with the Indian Ice Cream Manufacturers Association, a physique representing 80 personal ice cream makers....
