Gail (India) intends to invest up to INR 50,000 crore in constructing a 1.5 million tonnes per annum ethane cracking unit at Sehore, Madhya Pradesh, according to sources familiar with the matter. This significant investment marks one of the largest proposed capital expenditures by the state-run gas utility.
Refiners in India briefly stopped importing Russian oil in tankers belonging to Sovcomflot after the company's ships, along with its 14 tankers, were designated by Washington in February as being in breach of Western sanctions.
India and China compete for minerals crucial for electric vehicles and solar panels. India applies to explore the Indian Ocean for cobalt and manganese, emphasizing strategic importance, Carlsberg Ridge, ANS, polymetallic nodules, Sunil Kumar Singh, NIO, and NIOT.
ATMA stated that this response was provided to the government's request for feedback on sectors where India can achieve self-reliance. The aim is to ensure that future FTAs are developed while protecting the interests of the domestic industry.
Union Minister Hardeep Singh Puri highlighted the remarkable growth of India's urban metro transport, noting that the country is on track to have the world's second-largest urban metro system in the next two and a half years. He emphasized the success of Delhi's metro system, with 73 lakh riders daily, contributing to easier city commutes despite its expanding population. Puri also discussed advancements in the criminal justice system and police modernization under Prime Minister Narendra Modi's leadership.
The four automakers with the lowest proportion of forecasted EV production in 2030 are all from Japan (Suzuki at 10%, Honda at 24%, Toyota at 29% and Mazda at 30%), with Toyota, Mazda and Suzuki all receiving the lowest performance, says InfluenceMap in its latest report titled, “Automakers and Climate Policy Advocacy: A Global Analysis.
India aims to lead in sustainable critical mineral production, per Hindustan Zinc's Chairperson Priya Agarwal Hebbar. These minerals, including cobalt, copper, lithium, nickel, and rare earths, are crucial for clean energy technologies such as wind turbines and electric cars.
Kant says that India has drafted an EV policy and all the companies have to follow only that policy. India will not change its EV policy according to some specific companies.
The development comes weeks after Tesla chief Elon Musk cancelled his much-hyped visit to India in April. Tesla is yet to communicate its India plans to the government under the new EV policy, the official said. Musk, who was scheduled to visit India April 21-22, postponed his visit at the last moment, citing “very heavy Tesla obligations”.
American tech billionaire Elon Musk, who was scheduled to visit India on April 21-22, had postponed his visit at the last moment citing "very heavy Tesla obligations".
State-run miners Coal India and NMDC are venturing into lithium mines in Chile and Australia, aiming to secure critical minerals. India's Mines Ministry encourages state-owned firms like ONGC Videsh to explore overseas. Delegations will visit Zambia and Congo for joint exploration. India eyes trade pacts for access to critical minerals globally, including with Chile and Mongolia.
GTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.
The group, which owns several brands including Chrysler, Citroën, Fiat and Jeep, is considering locally manufacturing affordable electric vehicles from its Chinese joint venture partner Leapmotor at its facility in Thiruvallur, Tamil Nadu.
The India Pavilion, set up by the Ministry of New and Renewable Energy is said to be one of the largest pavilions at the Summit.
India's diesel exports to Europe dropped to 210,000 bpd in April due to US and Gulf competition. Vortexa tracked weakened margins. Asian exports grew. Ukrainian conflict spurred Russian diesel replacement.
Suzuki Motor Corp intensifies SUV focus in India to regain market share. Strong financial growth in net sales and operating profit reported. Plans new production line and record sales for FY. New strategies to be unveiled by FY2024 end.
India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer. March FY24 saw an increase to 23.96 MT. Non-coking coal import was 15.33 MT, while coking coal import stood at 5.34 MT. Domestic coal production in FY24 grew by 11.65% to 997.25 MT.
Just a decade ago, Indian GDP was the eleventh largest in the world. Currently, India's GDP is estimated to be around USD 3.7 trillion.
The company sells CNG trims across various models like WagonR, Brezza, Dzire, and Ertiga, among others in the domestic market. Bharti said the company's capacity expansion by around 1 lakh units per annum at its Manesar plant, Haryana largely addresses the Ertiga supply issues. Ertiga CNG demand is huge in the market leading to supply issues, he noted.
The ePlane e200, a two-seater aircraft developed by the ePlane Company, boasts a travel range of 200 kilometers, making it ideal for intra-city commute and cargo transportation. With a cruise speed of 160 kmph and a top speed of 200 kmph, the ePlane e200 promises to significantly reduce travel time and alleviate urban traffic congestion.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Avinash Ganeshnarayan Maheshwari | Unlock to View | Unlock to View | Director | 01 Oct,2016 |
| Amit Ghosh | Unlock to View | Unlock to View | Director | 30 Apr,2016 |
| Umesh Sudhir Jadhav | Unlock to View | Unlock to View | Director | 26 Jun,2015 |
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