India plans investments across sectors to strengthen link with Sri Lankan economy
The sectors that India is focusing to invest include renewable energy, hydrocarbons, ports and infrastructure, IT and hospitality, highly placed sources told ET.
The sectors that India is focusing to invest include renewable energy, hydrocarbons, ports and infrastructure, IT and hospitality, highly placed sources told ET.
The report estimates that for India to achieve its Nationally Determined Contributions (NDCs) under the Paris agreement, the country requires approximately Rs 162.5 lakh crore (USD 2.5 trillion) from 2015 to 2030 or roughly Rs 11 lakh crore (USD 170 billion) per year, the US-based organisation said in a statement.
"The recent strong run of data increases our confidence that India is well positioned to deliver domestic demand alpha, which will be particularly important as developed markets' growth weakness percolates into Asia's external demand," Morgan Stanley said.
"Our assessment suggests that if the credit profile of these entities does not undergo any change ... there could be an average impact of around two notches to the existing ratings," said Jitin Makkar, senior VP, Icra.
"E20 petrol (petrol blended with 20 per cent ethanol) in some quantity will be available from April 2023 and the rest to be covered by 2025," he said.
India, one of the world's biggest emitter of greenhouse gases, has set a 2070 goal for net zero carbon emissions and has expedited steps to switch to cleaner energy to cut projected emission by a billion tonnes by 2030.
With its maiden gigafactory set to start production next year, local production of lithium-ion cells is expected to reduce the cost of the battery packs by almost 40% and of EVs by 20-25%. The added advantage is they would also be safer.
The company reported profit before tax (before exceptional items and one-offs) of INR 196 crore for the quarter and INR 394 crore for Hl 2022. This was mainly driven by better price realizations, capacity utilization, revenue mix, and volumes, the company said.
In such pacts, two or more countries significantly reduce or eliminate customs duties on maximum number of goods traded between them. Besides, they ease norms for promoting trade in goods and investments.
The Delhi High Court has appreciated steps taken to implement the climate change commitments made by Prime Minister Narendra Modi after the court was told the government has approved India's updated Nationally Determined Contribution (NDC) under the Paris Agreement.
At present, most of the funding has been skewed towards digital payment firms. Of the total $7.8 billion raised by the sector last year, $3.5 billion (roughly 44%) went to fintech payment firms, it said.
India has a lot to gain from the widespread adoption of Electric Mobility (e-mobility). The comprehensive EV charging solutions can fulfil the needs for various applications such as parking, workplace, fleet, residential buildings, etc. Let’s first discuss the basics of EV chargers and their broader classifications based on Connection and Vehicle Technologies.
Although the problem of this ever-increasing e-waste is complex, yet it provides great value as these e-wastes are a rich source of precious metals that can be recovered and reincorporated into the manufacturing process.
The directorate in its findings has concluded the item is being imported from China into India in significant quantities in both absolute and relative terms.
According to the minister, the central bank has put in place the arrangement in order to promote growth of global trade by reducing the dependence on hard currency, with emphasis on exports from India and to support the increasing interest of global trading community in INR. She also noted that an increase in exports may help reduce the trade deficit.
India and Australia signed the Economic Cooperation and Trade Agreement (ECTA) in April and the pact is expected to enter into force this year after both countries complete domestic and parliamentary processes. "Canberra has communicated that all Parliamentary and legal procedures to get the ECTA ratified will be done soon after which negotiations for a compressive agreement would begin," an official said.
Although goods and services (GST) collections have improved, there's potential for this to be stepped up further, Modi said at the seventh meeting of the Niti Aayog's governing council on Sunday. India's upcoming G20 presidency in 2023 is a unique opportunity to show that the country is not just Delhi but every state and UT as well, Modi said.
Hyundai Motor India expects semiconductor shortage issue to improve next year and emergence of a clear picture on the competitive scenario as it faces production constraints at present.
By 2030, almost half of the annual sales would fall under the electric category, predicts a report by Accenture. What is powering Europe’s EV adoption, and what are the lessons for India?
Electron EV is working on developing a skateboard infrastructure that allows existing OEMs to scale rapidly at higher profitability and low capex, Founder Rakesh Koneru tells ETEnergyworld in an interview.
Name | DIN | Designation | Date of joining | |
---|---|---|---|---|
Arun Goyal | Unlock to View | Unlock to View | Additional Director | 19 Dec,2020 |
Sandeep Kapur | Unlock to View | Unlock to View | Director | 07 Feb,2019 |
Manjul Pahwa | Unlock to View | Unlock to View | Wholetime Director | 17 Oct,2018 |
Rachna Pahwa | Unlock to View | Unlock to View | Wholetime Director | 27 Mar,1998 |
Priyanka Arora | Unlock to View | Unlock to View | Director | 30 Sep,1994 |
Sanjeev Pahwa | Unlock to View | Unlock to View | Managing Director | 02 Mar,1991 |
Krishna Rani | Unlock to View | Unlock to View | Wholetime Director | 15 Jun,1974 |
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