The clean energy sector in India will be one of the first sectors that would benefit during Prime Minister Narendra Modi's US trip. The sector awaits investments worth about $1 billion from US companies.
Unveiling his infrastructure conglomerate's green vision, billionaire Gautam Adani on Tuesday said his group will invest $20 billion over the next 10 years in renewable energy generation and component manufacturing and will produce the world's cheapest green electron. The port-to-energy conglomerate plans to triple its renewable power generation capacity over the next four years, foray into green hydrogen production, power all data centres with renewable energy, turn its ports into net carbon zero by 2025, and plans to spend over 75 per cent of capital expenditure until 2025 in green technologies, he said. Speaking at JP Morgan India Investor Summit, Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution.
The intensity of power crisis this season has hit a new high with average coal stock dipping to less than eight days. The first of a pan-Indian series, based on a ground report, shows how the Manesar industrial hub is coping with the challenge. As the scorching heat wave and the lengthy power cuts intensify in Haryana, the usually bustling labour chowk of the Industrial Model Township (IMT) of Manesar wears a deserted look.
A release issued by the MEA said the meeting was attended by the heads of delegations of Fiji, Republic of Kiribati, Republic of Marshall Islands, Federated States of Micronesia, Republic of Nauru, Republic of Palau, Independent State of Papua New Guinea, The Independent State of Samoa, Solomon Islands, Kingdom of Tonga, Tuvalu and Republic of Vanuatu.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
The Korean major, as part of its rural push, has begun an "attack district" project with focus on 80 key districts to increase sales of its TVs, refrigerators and washing machines
Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tons per annum by 2020.
NASA said it is looking forward to explore the solar system with its Indian counterpart.
'The term 'pro-growth' must be qualified somewhat because, while a rising tide will lift all boats, it will not necessarily do so equally.'
The moon passed through the Earth's shadow exactly two weeks ahead of the highly anticipated solar eclipse on August 21.
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
Prime Minister Narendra Modi on Tuesday came out strongly against Pakistan for continuing its proxy war of terrorism against India, saying it has lost the strength to fight a conventional war.
The Announcement of Opportunity (AO) is for space experiments by institutions in the country, and the last date for receiving the proposals is May 19, 2017, the Bengaluru-headquartered ISRO said.
An articulate ex-banker and a chartered accountant by training, Piyush Goyal is particular about numbers.
Subject to finance & tech from rich countries through an ambitious, fair Paris deal
Without periodic booster shots to display of strength, how is this government what it aims to be? There was also the landscape of prosperity pictured; the in-season affair with 'amrit' stretched to a longer residence in 'Amrit Kaal', notes Shyam G Menon.
The burst occurred when a giant cloud of plasma ejected from the solar corona struck Earth at a very high speed.
The charges against the diamond merchant centre around his firms Diamonds R Us, Solar Exports and Stellar Diamonds making fraudulent use of a credit facility offered by the Punjab National Bank, known as 'letters of undertaking'.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
A pro rata expansion of that number for 100 Gw means investing that much every year.
'Antony and I have been friends for over half a century, and I know the man does not tell lies. The problem is that what he believes to be the truth might not actually be true. He may believe that India needs the Congress, and that the Congress in turn needs the Nehru-Gandhi family, but that does not mean that India shares those articles of faith,' says T V R Shenoy.
Weeks after confusion over three Mauritius-based funds whipsawing shares of Adani group firms, billionaire Gautam Adani on Monday said that "twisted narrative" seems to imply that companies have regulatory powers over their shareholders and can compel disclosures. Shares of port-to-energy group nosedived last month after reports that accounts of three of the six Mauritius-based funds that have invested most of their money in Adani group firms had been frozen by the national share depository. The three funds owned about $6 billion of shares across the conglomerate.
rench President Emmanuel Macron and Modi have been jointly recognised in the Policy Leadership category for their pioneering work in championing the International Solar Alliance and promoting new areas of levels of cooperation on environmental action, including Macron's work on the Global Pact for the Environment and Modi's unprecedented pledge to eliminate all single-use plastic in India by 2022.
How will the Modi Sarkar's likely return affect other nations?
Moniz, who is expected to meet Indian officials on March 10 and 11, had put off the trip last month in view of the strained relations between the two countries over the arrest of senior Indian diplomat Devyani Khobragade in New York.
Power Minister Piyush Goyal on the government's manufacturing push and other key issues.
Modi said this time 'a third decisive strength is emerging in Kerala and I am seeing this', thanking the thousands of people who stood braving the scorching heat.
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
Arunabha Ghosh on why India will increasingly become an energy great power, but not an energy hegemon.
The two leaders shook hands and exchanged pleasantries at the end of the media briefing which was addressed by Chinese President Xi Jinping. China is the host and chair of the SCO.
Hyperloop concept was first released in 2013 by Tesla and SpaceX's Elon Musk as an alternative to high-speed rail
Emission norms for automobile industry should be tightened.
Addressing a joint media event with Macron, Modi said the two countries have robust cooperation in the fields of defence and security.
Prime Minister Narendra Modi on Monday told developed countries which powered their way to prosperity on fossil fuels that it would be "morally wrong" if they shift the burden of reducing emissions on developing countries like India.
New Delhi is quietly reclaiming its space in Asia by forging alliances with China's neighbours. In a way, India is converting its much-talked about Act East Policy to Engage East practice.
Stressing that Himalayan states have similar sets of problems and opportunities, Prime Minister Narendra Modi on Friday proposed a "common model" for the their development.
These start-ups are different from the ones that have made it big in India.
The installation work is expected to begin in October.
Signals received from the government in the past one year reflect a state of utter confusion, says Abhishek Tripathi.
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