India should develop disruptive technologies to meet goal of decarbonisation by 2050: Anil Kakodkar

Anil Kakodkar, Atomic Energy Commission (AEC) chairman Lower cost of energy is key to the economy’s growth and India should focus on developing disruptive technologies to keep the cost competitive and meet the goal of decarbonisation by 2050, former Atomic Energy Commission (AEC) chairman Anil Kakodkar said on Wednesday. Speaking at an online event organised… Continue reading India should develop disruptive technologies to meet goal of decarbonisation by 2050: Anil Kakodkar

Government aims to raise auto sector contribution to GDP, job creation: Nitin Gadkari

“The Automotive Mission Plan of the Government of India is to set a goal to raise the contribution of the automobile sector towards nation GDP to 12 per cent and generate about 50 million new jobs,” he said. New Delhi: The government looks to increase the contribution of the automobile sector to India’s GDP to… Continue reading Government aims to raise auto sector contribution to GDP, job creation: Nitin Gadkari

Ford delays a return to offices, weighs vaccine mandate

Ford said most office workers in North America, Latin America and International Markets groups will not come back to offices before January. The company is reassessing return to work plans every three to four months. By Joseph White DETROIT: Ford Motor Co will delay bringing most workers back to offices until January, and is still… Continue reading Ford delays a return to offices, weighs vaccine mandate

CEZ aims to decide by year-end on ‘gigafactory’ consortium

Speaking to reporters on Wednesday at a cement plant where the processing of lithium ore is being researched, CEZ chief Daniel Benes said the company was in talks with four partners, all from Asia, for the factory, which is likely to cost more than $2 billion. By Jan Lopatka Czech Republic: Czech power producer CEZ… Continue reading CEZ aims to decide by year-end on ‘gigafactory’ consortium

Regulators reject insider trading suspicions in Aston Martin, Daimler shares -FT

German markets watchdog BaFin looked into trading at Daimler and also passed information to counterparts at the UK’s Financial Conduct Authority regarding trading in Aston Martin shares, the newspaper said. New Delhi: Financial regulators looked into suspicions of insider trading in carmakers Daimler and Aston Martin shares but found no evidence of wrongdoing, the Financial… Continue reading Regulators reject insider trading suspicions in Aston Martin, Daimler shares -FT

NHAI: Free pass to motorists living within 5km radius

Thiruvananthapuram: After facing protests from residents and political parties alike, the National Highways Authority of India (NHAI) on Tuesday agreed to provide free pass to motorists residing within five km radius of the new toll plaza at Vengara near Thiruvallam on the Kazhakootam-Karode national highway. The decision was taken after two back-to-back meetings conducted by… Continue reading NHAI: Free pass to motorists living within 5km radius

Transition of automobiles towards electric mobility inevitable: Niti Aayog CEO

Niti Aayog CEO Amitabh Kant The transition of automobiles towards electric mobility is inevitable and it is for the auto industry to make the change and drive it to make India a global leader in electric vehicles (EVs), Niti Aayog CEO Amitabh Kant said on Wednesday. Speaking at the annual convention of auto industry body… Continue reading Transition of automobiles towards electric mobility inevitable: Niti Aayog CEO

PM Modi says India remains firmly committed to move forward with goal of clean, modern mobility

New Delhi: Prime Minister Narendra Modi on Wednesday said holistic steps are being taken for the value chain associated with automobile manufacturing so that the industry becomes more productive and sustainable. In a message to the auto industry body Society of Indian Automobile Manufacturers (SIAM) on its 61st Annual Convention, the Prime Minister also stated… Continue reading PM Modi says India remains firmly committed to move forward with goal of clean, modern mobility

China eyes Afghanistan’s $1 trillion of minerals with risky bet on Taliban

Leaders of the militant group have said they want good international relations, particularly with China. When the U.S. invaded Afghanistan in 2001, the global economy looked a lot different: Tesla Inc. wasn’t a company, the iPhone didn’t exist and artificial intelligence was best known as a Steven Spielberg film. Now all three are at the… Continue reading China eyes Afghanistan’s $1 trillion of minerals with risky bet on Taliban

US-based Ohmium launches green hydrogen electrolyzer gigafactory

Green Hydrogen, which is the pollution-free fuel of the future, is industry agnostic and will facilitate India’s transition to clean energy. Renewable energy startup Ohmium International on Tuesday announced the start of India’s first green hydrogen electrolyzer gigafactory that will turn power from renewable sources into carbon-free hydrogen. The Bengaluru plant will have an initial… Continue reading US-based Ohmium launches green hydrogen electrolyzer gigafactory