Sources at the Commission for Air Quality Management (CAQM) indicated that the Graded Response Action Plan (GRAP) Stage-III restrictions would remain active. Very poor air quality dogged Delhi for the third day in a row. The Air Quality Index showed 341 at 11am, then became 334 by 3pm due to reduced wind speeds in the… Continue reading A hat-trick of very poor AQI
Author: Economic Times of India Online News
‘India-US critical mineral partnership a step forward’
The two sides inked an MoU on critical minerals supply chains in October, with the aim of leveraging their complementary strengths to ensure greater resilience in the critical minerals sector. India‘s MoU with the US on critical minerals will be “a step forward” for their engagement as the scaling up of this will lead to… Continue reading ‘India-US critical mineral partnership a step forward’
Oil prices set for weekly gain on China stimulus optimism
Chinese authorities have agreed to issue 3 trillion yuan (USD 411 billion) worth of special treasury bonds next year, as Beijing ramps up fiscal stimulus to revive a faltering economy. Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China,… Continue reading Oil prices set for weekly gain on China stimulus optimism
Former PM Manmohan Singh passes away at 92
Former PM Manmohan Singh passes away at 92 India’s former Prime Minister Manmohan Singh passed away at the age of 92 after he was admitted to AIIMS Delhi’s emergency department. In April this year, Manmohan Singh retired from Rajya Sabha. Singh, who served as the finance minister in the then Prime Minister PV Narasimha Rao-led… Continue reading Former PM Manmohan Singh passes away at 92
Delta Electronics India gets more global projects from Taiwan HQ
All the R&D work will happen out of Delta Electronics’ Bengaluru facility where the manpower is a little over 300 people and will be “scaled up aggressively” in the next couple of years to perhaps closer to 1,000. Taiwan-headquartered Delta Electronics is farming out more global responsibilities to its Indian subsidiary, a clear acknowledgment of… Continue reading Delta Electronics India gets more global projects from Taiwan HQ
Need concerted efforts from across ecosystem to drive EV adoption, says SIAM President
Shailesh Chandra, President, SIAM New Delhi: The road sector, responsible for 12% of the nation’s CO2 emissions, will be crucial in meeting the country’s emission reduction targets. The auto industry must accelerate its efforts to significantly cut emissions before 2070 to ensure these targets are met. Achieving this will require a swift transition to zero-emission… Continue reading Need concerted efforts from across ecosystem to drive EV adoption, says SIAM President
Call for dedicated system to pay traffic challans in Andhra Pradesh
Motorists and citizen groups are now urging the state govt to introduce a traffic e-challan app or an online portal similar to those in other states. With traffic police intensifying vehicle and helmet checks following directions from the high court to enforce traffic regulations and clear pending challans, motorists across the state are grappling with… Continue reading Call for dedicated system to pay traffic challans in Andhra Pradesh
Oil’s resilience: Defying decline amidst electric vehicle surge, global demand hits record highs
Government policies promoting a shift toward net-zero emissions and the adoption of cost-efficient renewables will alter this balance gradually. The global appetite for oil is set to reach an all-time high this year, with purchases growing by nearly 40%. Battery electric vehicle (BEV) adoption, expected to make up over 10% of global auto sales, has… Continue reading Oil’s resilience: Defying decline amidst electric vehicle surge, global demand hits record highs
New policy helps Chhattisgarh diversify, attract investments
TWI Group has proposed to invest in an EV manufacturing plant, logistics park and a bamboo hub. Within a month of introduction of a new industrial policy, mineral-rich Chhattisgarh has attracted investment proposals worth Rs 15,184 crore with listed companies promising to set up semiconductor chip manufacturing facility, bamboo park, food processing hub and electric… Continue reading New policy helps Chhattisgarh diversify, attract investments
Steelmakers may cut down on capex amid price slump
China is the world’s largest producer of steel and accounts for more than half the total production. Steel makers are likely to moderate their capital expenditure plans in 2025 as prices of the alloy remain under pressure. Their debt reduction plans are also likely to be hit as cash flows may be impacted. Prices of… Continue reading Steelmakers may cut down on capex amid price slump