India aims to progressively blend up to 15% green hydrogen in the city gas distribution system by 2030. Replacing grey hydrogen with green at refineries will have a negligible effect on consumer fuel prices and a mandate for a calibrated switch could be a viable policy option for promoting clean energy in the country, says… Continue reading Green Hydrogen blending will have negligible impact on consumer fuel prices: Report
Author: Economic Times of India Online News
GRAP II imposed in NCR: Here’s what it means for Delhi’s citizens
Surrounding areas near India Gate recorded an AQI of 309, categorized as ‘Very Poor.’ The Commission for Air Quality Management (CAQM) on Monday ordered the implementation of GRAP-II in Delhi-NCR. The decision comes in light of the worsening air quality in the capital. “In an effort to prevent further deterioration of the air quality, the… Continue reading GRAP II imposed in NCR: Here’s what it means for Delhi’s citizens
India central bank to help rupee contend with soaring US yields
The rupee’s dip past the key level of 84 earlier this month has been of little consequence in terms of the currency’s volatility. The Indian rupee is likely to open nearly unchanged on Tuesday and trade in a narrow range amid expectations that the country’s central bank intervention will offset the impact of a jump… Continue reading India central bank to help rupee contend with soaring US yields
German carmakers should not be afraid of Chinese competition, says Scholz
Chancellor Olaf Scholz German automakers should not be afraid of competition from China, Chancellor Olaf Scholz said on Monday at the opening of Mercedes-Benz’s first battery recycling plant, an investment he described as part of Germany‘s new industrial policy agenda. “Some say that China can do much better with electric motors than us,” Scholz said.… Continue reading German carmakers should not be afraid of Chinese competition, says Scholz
China’s rapeseed meal contract drops after Canada plans some relief from EV tariffs
Canada is the world’s biggest exporter of the oilseed used for cooking oil, fuel and animal feed and China’s biggest supplier. China’s rapeseed meal futures sunk 4.6% on Monday on hopes that Beijing would ease an anti-dumping probe on imports of Canadian rapeseed after Ottawa said it would grant firms temporary relief from tariffs on… Continue reading China’s rapeseed meal contract drops after Canada plans some relief from EV tariffs
No hydro testing facility for CNG vehicles in Rudrapur, owners go to other cities for mandatory tests
Gas Authority of India Ltd (GAIL) mandates that CNG kits undergo hydro testing every three years to ensure safety. Despite significant rise in the number of CNG vehicles, Udham Singh Nagar district headquarters in Rudrapur lacks a fitness centre for hydro testing of CNG kits, posing a safety risk for vehicle owners. Rudrapur transport department… Continue reading No hydro testing facility for CNG vehicles in Rudrapur, owners go to other cities for mandatory tests
ICE policy will help Andhra Pradesh achieve Rs 67,000 crore revenue in 5 years: Special CS (Energy)
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)
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