Reddy had said that 10 years ago there was coal shortage in the country which resulted in electricity shortage. But in the last 10 years there has been sufficient power availability, he said. India’s coal import rose 5.3% to 52.29 million tonnes (MT) in the first two months of the ongoing fiscal as against the… Continue reading India’s coal import rises 5% to 52 MT in April-May
Author: Economic Times of India Online News
How country is accelerating toward a green transportation future
The government has been proactive in introducing policies and incentives to support green transportation. India is making significant strides in its quest for sustainable transportation, as the government and private sector ramp up efforts to promote green mobility solutions. From electric vehicles (EVs) to public transit innovations, the country’s green transportation initiatives are gaining momentum,… Continue reading How country is accelerating toward a green transportation future
Delhi transport minister directs strict action against car dealers over delay in giving RCs
The minister also has plans to hold a meeting with the dealers next week over the issue. New Delhi: Delhi Transport Minister Kailash Gahlot has directed the department officials to take strict action, including suspension of their licence, against any car dealer if they do not hand over the registration certificate to the private car… Continue reading Delhi transport minister directs strict action against car dealers over delay in giving RCs
US miners push Washington to revive long-dormant Bureau of Mines
U.S. mining policy is currently administered through multiple agencies, including the Bureau of Land Management, the Fish and Wildlife Service, and the Mine Safety and Health Administration. Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at streamlining how the U.S. government regulates and supports… Continue reading US miners push Washington to revive long-dormant Bureau of Mines
JSW Energy plans ₹1.15 L cr capex to diversify operations
The announcement marks a sharp increase from the previously committed capex of ₹85,000 crore. This fiscal year, the company is planning a capex of ₹15,000 crore. JSW Energy aims to transform from a power generator to an energy products and services provider while continuing to look for acquisitions in the power sector, said group chairman… Continue reading JSW Energy plans ₹1.15 L cr capex to diversify operations
Footfalls at auto dealers fall in June, so do RTO registrations
Registrations of passenger vehicles, tractors and commercial vehicles fell by 6.8% (to 281,566 units), 28.4% (71,029 units) and 4.7% (72,747 units), respectively, dragging down industry volumes. Vehicle registrations – a proxy for retail sales – were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer their… Continue reading Footfalls at auto dealers fall in June, so do RTO registrations
Rental vehicles, cabs, feeder buses to be available at all Delhi-Meerut RRTS stations
These efforts of NCRTC will create a better and friendly transport system, which will not only reduce pollution but will also reduce road accidents, it added. In a bid to improve last mile connectivity, the NCRTC on Thursday said that it will make rental two-wheelers, cab services, autorickshaws and feeder bus services available at all… Continue reading Rental vehicles, cabs, feeder buses to be available at all Delhi-Meerut RRTS stations
Norms issued for funding of testing facilities, infra for National Green Hydrogen Mission
Green hydrogen India The ministry of new and renewable energy has issued guidelines for funding of testing facilities, infrastructure, and institutional support for development of standards and regulatory framework under the National Green Hydrogen Mission. The norms will support identification of the gaps in the existing testing facilities for components, technologies, and processes in the… Continue reading Norms issued for funding of testing facilities, infra for National Green Hydrogen Mission
India auto retail sales increase by 0.73% in June says FADA
June traditionally serves as a slower month for auto retail in India. India saw a modest rise of 0.73% in auto retail sales in June, driven by delayed monsoons affecting certain regions, according to the Federation of Automobile Dealers Associations (FADA). The two-wheeler and three-wheeler segments recorded year-on-year growth of 4.66% and 5.1% respectively, while… Continue reading India auto retail sales increase by 0.73% in June says FADA
Rupee inches higher tracking gains in most Asian peers
Mostly weak economic data this week has weighed on the dollar and U.S. bond yields, with the odds of a September rate cut by the Fed rising to about 73%, up from about 66% a week earlier, according to the CME’s FedWatch tool. The Indian rupee was slightly stronger on Friday as most of its… Continue reading Rupee inches higher tracking gains in most Asian peers