Vijayanand reviewed measures to implement the new ICE policy with senior officials of energy department. Stating that the newly announced Andhra Pradesh integrated clean energy (ICE) policy-2024 involves a proposed investment outlay of Rs 10 lakh crore, special chief secretary (energy) K Vijayanand stressed on the need for collaborative efforts from power utilities to make… Continue reading ICE policy will help Andhra Pradesh achieve Rs 67,000 crore revenue in 5 years: Special CS (Energy)
Author: Economic Times of India Online News
Delhi faces pollution woes, AQI ‘Poor’
Delhi’s air quality has seen a decline in the last week, with the AQI consistently falling into the “poor” category. As cold weather settles in, pollution in all its forms is tightening its grip on Delhi, with the air quality in the city remaining in the “poor” category, though stubble burning has declined this year… Continue reading Delhi faces pollution woes, AQI ‘Poor’
Rupee will need support from central bank amid possible outflows
The central bank had intervened to manage the impact of foreign outflows. The Indian rupee is expected to hold near all-time lows on Monday amid possible outflows related to the Hyundai Motors India initial public offering and foreign equity outflows. The one-month non-deliverable forward indicated that the rupee will open barely changed from the last… Continue reading Rupee will need support from central bank amid possible outflows
Auto exports rise 14% in H1 on PVs and two wheelers
Automobile exports declined 5.5% in FY24 due to the monetary crisis in various overseas markets. New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14% year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall exports in the April-Sept period… Continue reading Auto exports rise 14% in H1 on PVs and two wheelers
Automobile exports from India rise 14% in Apr-Sep period
Overall exports stood at 45,00,492 units in the last fiscal year as compared with 47,61,299 units in FY23. New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall… Continue reading Automobile exports from India rise 14% in Apr-Sep period
CNG price may go up INR 4-6 on input supply cut, excise duty cut to ease situation
City gas retailers are forced to buy imported and costlier liquefied natural gas (LNG) to make up for the shortfall, which will lead to a hike in CNG prices that varies from INR 4-6/kg. New Delhi: The government has slashed by up to 20 per cent the supplies of cheaper domestically produced natural gas to… Continue reading CNG price may go up INR 4-6 on input supply cut, excise duty cut to ease situation
India’s Jindal SAW posts 32.5% jump in Q2 profit
Jindal SAW. India’s Jindal SAW reported a rise in second-quarter profit on Friday, as demand in its key Middle East and North Africa (MENA) markets remained steady while expenses came in nearly flat. The company, which makes steel pipes for the energy, transportation and water sectors, said its consolidated profit after tax grew 32.5% to… Continue reading India’s Jindal SAW posts 32.5% jump in Q2 profit
Almost half of those taking automated DL test failing it
Driving tests in Delhi were automated in May 2023. In Delhi, roughly 50% of applicants taking the automated driving test fail, with success rates below 45% at the test centres in Rohini, Raja Garden and Shakur Basti. Delhi govt’s transport department said that in Jan-Aug, the pass percentage in driving tests for light motor vehicles… Continue reading Almost half of those taking automated DL test failing it
Centre gives nod to 3 Green Hydrogen Pilot Projects for Steel Cos
These three projects have been approved under the Rs 19,744 crore National Green Hydrogen Mission launched in January 2023. The government has approved three pilot projects that could increase the use of green hydrogen in the steel sector These projects, which will receive Rs 347 crore in funding from the government, were selected following an… Continue reading Centre gives nod to 3 Green Hydrogen Pilot Projects for Steel Cos
Hindustan Zinc to pursue demerger, says CEO
Last year, the company said it planned to create separate entities for its zinc, lead, silver and recycling businesses to unlock “potential value”. India’s Hindustan Zinc is discussing the possibility of splitting the company into two units with the Indian government, which is opposed to the proposal, CEO Arun Misra said on Friday. Misra’s comments… Continue reading Hindustan Zinc to pursue demerger, says CEO