India's jugalbandhi with coal and clean energy is coming unstuck, neither achieving adequate renewable generation nor ensuring sufficient coal-fired power in the quest to become a $5-trillion economy. Six months have elapsed since Prime Minister Narendra Modi announced an ambitious climate agenda for India at COP26 at Glasgow. The net zero emissions target by 2070 is a distant one, but there are nearer-term plans to meet 50 per cent of energy demand with renewables by 2030 by increasing capacity to 450 Gw. A cursory look at the balance sheet of India's climate progress since November reveals ponderous progress towards meeting the renewables target even as the country is scrambling to expand coal-fired generation in the face of a power crisis.
The cyclonic depression may have crossed the Tamil Nadu coast on Thursday evening, but the state continues to be battered by heavy rains.
Mumbai Police on Wednesday announced the updated lockdown guidelines which restricts the movement of people in public areas and transport while exempting those involved in essential services.
Since the beginning of running the Shramik Special trains, Gujarat remained one of the top originating stations followed by Kerala.
The curfew has been relaxed in Guwahati from 9 am to 4 pm and in Dibrugarh from 8 am to 2 pm. Schools and offices remain shut.
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
The government on Thursday allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and Renewable Energy Minister Raj Kumar Singh said the government is targeting production of 5 million tonnes of green hydrogen by 2030. Oil refineries to steel plants require hydrogen to produce finished products.
Taiwan-headquartered Wistron Corporation has said that it had suffered a loss worth Rs 437.40 crore in the violence in its facility unleashed by a section of workers over salary issues at its plant in Kolar district in Karnataka.
A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.
A record 119.3 mm rainfall pounded Delhi under the impact of cyclonic storm Tauktae and a western disturbance in 24 hours ending 8:30 am on Thursday, breaking all the previous records for May, the IMD said on Thursday.
The IPL is slated to begin from April 9 with the final scheduled to be played on May 30, while the opening Test against New Zealand begins on June 2.
Jacki, as he's fondly known, made eight appearances and scored once in his first spell with Mumbai City in the 2016 campaign of the ISL under then head coach Alexandre Guimares.
According to the India Meteorological Department, as of 8.30 am on Sunday, Thane reported 28 cm of rain, Santacruz 20.1 cm, and Colaba 13 cm.
The country's economy will start witnessing a growth of 6.5 to 7 per cent from fiscal 2023 onwards, helped by various reforms undertaken by the government so far and also as COVID-19 vaccination drive progresses, Chief Economic Advisor Krishnamurthy Subramanian said. He said the second wave of COVID-19 is unlikely to have a very significant on the economy. The country's economy contracted by 7.3 per cent in fiscal 2020-21. "Together with the reforms and focus on vaccination, I expect growth to start hitting close 6.5 to 7 per cent from FY23 onwards and accelerate from there on," Subramanian said at a virtual event organised by Dun & Bradstreet.
Cyclone Nivar is expected to intensify into a 'very severe cyclonic storm' and cross Tamil Nadu and Puducherry coasts between Karaikal and Mamallapuram on the late evening of November 25, the India Meteorological Department has said.
A senior BEST official expressed hope of the stalemate getting resolved soon.
'Market feels this Budget will promote all-round growth and that is what is giving it confidence.'
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
Bajaj Auto and TVS Motor are the largest exporters in the listed space with export revenues of Rs 12,000 crore and Rs 5,000 crore.
'One out of three phones sold in India is a Xiaomi phone.'
After selling brands like Pulsar, Boxer, Platina and RE in over 70 countries, Bajaj Auto plans to enter Thailand this year followed by Brazil next year.
The Santacruz weather station in the suburbs recorded 129.4 mm rain between 8:30 am and 5:30 pm on Thursday. The Colaba weather bureau in Island City reported 18.8 mm rain during the same period.
Chief Minister Arvind Kejriwal said restrictions due to COVID-19 were causing terrible financial stress to the poor.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Flamboyant Indian batsman Yuvraj Singh, who retired last year, is eyeing a stint in the Big Bash League and Cricket Australia (CA) is trying to help him find a team.
A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.
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Squashing erstwhile 'separatists', marginalising the 'mainstream', and squeezing funding channels have all evidently had an impact -- at least for the moment, notes David Devadas after a visit to Srinagar.
This was the first time that sweets were exchanged between the two forces after the abrogation of Article 370 as the Pakistani side refused to continue with the custom, they said, adding after the developments of August 2019, the offer of exchanging sweets was made by the BSF but the Pakistani side did not reciprocate.
Private cars have come under stone-pelting at many places as the miscreants want to enforce shutdown.
'... to be a part of the IPL, if you can come and do well in that hopefully then leading up to the World Cup, can only put in a good frame of mind because we have quite a few players playing in that.'
The change in leadership at the railway ministry comes at a time when the national transporter is grappling with low passenger earnings even as it is trying to increase freight loading and open up its doors to private investment. Union Minister Ashwini Vaishnaw took charge from Piyush Goyal who got the railway portfolio in 2017 after Prime Minister Narendra Modii dropped Suresh Prabhu from the Union Cabinet. Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas for Vaishnaw.
The order, listing various allowed and restricted activities because of the Covid pandemic, will come into effect from November 1.
Yuvraj last played a Test in 2012 and ODI and T20 in 2017.
No untoward incident has been reported so far in the bandh called by the All Minority Organisations Coordination Committee, which includes the All Assam Minority Students Union (AAMSU) and the Jamiat-e-Ulema among others, that began at 5 am on Friday, a police officer said.
With Tamil Nadu witnessing a sharp increase in the covid-19 cases, the government on Saturday announced clamping a two-week 'total lockdown' across the state to curb the spread of the pandemic.
Local trains will be allowed to operate with 50 per cent capacity till 7 pm, while all shopping malls and markets will be allowed to remain open till 10 pm but with half their capacities, he said.
Former New Zealand captain Brendon McCullum announced his retirement from all forms of competitive cricket after the conclusion of the ongoing Global T20 Canada.
Ashwin is regarded as a thinking cricketer who always strives to explore something new, something extra in his game
