Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
These nations officially top the list when it comes to maximum number of official days off.
The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.
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The Chandrayaan-2 mission has made the first-ever observation of the effects of the Sun's Coronal Mass Ejection (CME) on the Moon using its onboard scientific instruments. This observation would help understand the lunar exosphere and the impact of space weather on its surface.
As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government. In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.
Glass shortage in China and the rising prices of imported glass used in finished solar panels have already hit the cost of solar panel imports. The cost of solar modules imported by India have increased 22 per cent since June last year. India imports close to 90 per cent of its solar cells and modules, of which nearly 80 per cent is from China. Domestic solar equipment makers import glass panels and are the largest suppliers in China. The price of a solar module glass has increased 150 per cent in the past six months, revealed industry estimates.
The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.
India took another leap in space infrastructure with the foundation stone laid for a new launch pad at the country's second rocket port in Kulasekarapattinam.
Scientists at ISRO used the orbiter high resolution camera onboard the Chandrayaan-2 orbiter to study the lunar surface hours before and after the soft-landing of Vikram lander on the moon on August 23.
Vikram and Pragyan payloads are now in a power-off mode until the south pole of the lunar surface is back in the range of the Sun again.
Prime Minister Narendra Modi is set to visit Sri Lanka, where he will hold talks with President Anura Kumara Dissanayake and strengthen ties through agreements on defence, energy security, and digitalisation. This visit aims to further bolster the already strong relationship between the two nations and is expected to include several outcomes, including a defence cooperation agreement, debt restructuring, and a currency swap. This visit comes at a time when Sri Lanka is recovering from an economic crisis, where India played a significant role in providing financial assistance.
The government of Tamil Nadu on Tuesday signed a memorandum of understanding (MoUs) with 35 companies that may see investment to the tune of Rs 17,141 crore, creating employment opportunities for 55,054 people. The major companies that would be coming up with fresh investments over Rs 1,000 crore in the state include JSW Renew Energy Two, TCS, ZF Wabco and Srivaru Motors among others. JSW Renew Energy Two will be coming up with a 450 megawatt (Mw) wind power generation unit at Tuticorin, Tirunelveli, Dindigul and Tiruppur for Rs 3,000 crore. TCS will be coming up with its third phase of expansion at SIPCOT IT Park in Siruseri, ZF Wabco with an auto component unit at Kancheepuram for Rs 1,800 crore and a two-wheeler EV unit by Srivaru Motors for Rs 1,000 crore at Coimbatore.
New data from India's Chandrayaan-3 mission suggests that ice might be present at more locations on the Moon's surface than previously believed. The study, published in Communications Earth and Environment, analyzed temperature data collected by the ChaSTE probe onboard the Vikram lander. The researchers found that significant variations in surface temperatures can influence the formation of ice, with slopes angled away from the Sun potentially providing favorable conditions for ice accumulation. The findings have implications for future lunar exploration, suggesting that water-ice resources could be more accessible than previously thought.
Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.
The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.
Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.
The rover will carry out in-situ chemical analysis of the lunar surface during the course of its mobility.
'Vikram' with rover 'Pragyaan' housed inside is scheduled for a powered-descent between 1 am and 2 am on September 7, followed by its touchdown between 1.30 am and 2.30 am.
'The Lunar Reconnaissance Orbiter imaged the area of the targeted Chandrayaan-2 Vikram landing site on October 14 but did not observe any evidence of the lander'
The precise location of the spacecraft in the lunar highlands has yet to be determined.
An ISRO official said: "Unless and until everything is intact (lander), it's very difficult (to re-establish contact). Chances are less. Only if it had soft-landing, and if all systems functioned, then only communication can be restored. Things are bleak as of now."
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So, if ISRO is able to revive them as the Sun rises on the Moon again, information that is derived from experiments that could once again be conducted by the Chandrayaan-3 payloads would be a "bonus".
A satellite placed in the halo orbit around the first Lagrangian point (L1) of the Sun-Earth system has the major advantage of continuously viewing the Sun without any occultation/eclipses, the IIA said.
ISRO on Friday said it has made efforts to establish communication with its lunar mission Chandrayaan-3's lander Vikram and rover Pragyan to ascertain their 'wake-up condition' after they had been put into sleep mode early this month -- but no signals have been received from them as of now.
India's first solar mission, if successful, will showcase ISRO's ability to explore the cosmos, explains Kumar Abishek.
Asked if the lander was 'damaged' during the 'hard landing", Sivan said: "That we do not know".
Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a $220 billion empire. About four-and-a-half decades later, he gets called to the same college to deliver a lecture to students on Teachers Day. Adani had moved to Mumbai at the age of 16 and started working as a diamond sorter.
"The receiver is kept on. Hoping for a successful awakening for another set of assignments! Else, it will forever stay there as India's lunar ambassador," it said.
The successful launch of Aditya-L1 - the country's maiden mission to study the Sun - is expected to garner increased investor interest in the Indian space sector and trigger more funding for private players. Several private sector players, including Larsen & Toubro (L&T), MTAR Technologies, and Ananth Technologies, have played a pivotal role in the Indian Space Research Organisation's (Isro's) solar observatory mission. Aditya-L1 on Saturday set off on a 125-day journey on a PSLV-C57 rocket, in its attempt to study various elements relating to the nearest star from the halo orbit around Lagrange point 1 (L1) of the Sun-Earth system, which is about 1.5 million km from Earth.
The Propulsion Module (PM) of Chandrayaan-3 has been moved from an orbit around the Moon to an orbit around Earth, the Indian Space Research Organisation (ISRO) has said, terming the operation a unique experiment.
The Chandrayaan-3 mission that aims for a soft landing on the moon's surface, paving the way for future interplanetary missions, carries six payloads that would help ISRO understand the lunar soil and also get the blue planet's photographs from the lunar orbit.
24x7 power supply to farmers emerges as a political lightning rod in the state.
The Indian Space Research Organisation (ISRO) is set to welcome the new year with the launch of its first X-Ray Polarimeter Satellite that would offer insights into celestial objects like black holes, onboard a Polar Satellite Launch Vehicle rocket on Monday.
India is now on the Moon and the success of the lunar mission has sounded the bugle for the emergence of a developed nation, Prime Minister Narendra Modi said on Wednesday as Chandrayaan-3 landed successfully on the lunar surface.
ISRO chairman S Somanath on Monday said instead of a success-based design in Chandrayaan-2, the space agency opted for a failure-based design in Chandrayaan-3, focused on what all can fail and how to protect it and ensure a successful landing.
The four astronauts are -- Prashanth Balakrishnan Nair, Angad Prathap, Ajit Krishnan, and Shubhanshu Shukla -- Modi said at the Vikram Sarabhai Space Centre (VSSC) at Thumba near the Kerala state capital.
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