SHARM EL-SHEIKH: Countries, including India — representing more than 50% of global GDP — on Friday jointly launched a package of 25 new collaborative actions at the UN climate talks (COP27) to be delivered by the next year’s conference to speed up decarbonisation of five key sectors: power, road transport, steel, hydrogen and agriculture. These… Continue reading 25-point COP27 action plan to push decarbonisation in 5 key sectors
Author: Economic Times of India Online News
Pollution: Over 5,800 vehicles challaned for violating GRAP Stage 3
Representative Image New Delhi: Delhi Traffic Police on Saturday said that they have issued more than 5,800 challans to vehicles as part of restrictions on BS III petrol and BS IV diesel vehicles to fight pollution in the Capital. “As part of restrictions on BS III petrol and BS IV diesel vehicles till November 13… Continue reading Pollution: Over 5,800 vehicles challaned for violating GRAP Stage 3
FPIs invest Rs 19,000 cr in equities in Nov on softening US inflation, dollar
New Delhi: Foreign investors have infused close to Rs 19,000 crore in Indian equities so far this month, primarily due to moderating trend in the US inflation and softening of the dollar. This came following a net outflow of just Rs 8 crore last month and Rs 7,624 crore in September, data with the depositories… Continue reading FPIs invest Rs 19,000 cr in equities in Nov on softening US inflation, dollar
India seeks COP27 deal to ‘phase down’ all fossil fuels: Sources
SHARM EL-SHEIKH, Egypt – India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to phase down coal as was agreed last year, two sources familiar with the negotiations told Reuters on Saturday. Countries agreed at COP26 in Glasgow, Scotland, last November… Continue reading India seeks COP27 deal to ‘phase down’ all fossil fuels: Sources
India-US trade may reach $500-600 billion by 2030: Piyush Goyal
Commerce and Industry Minister Piyush Goyal Commerce and Industry Minister Piyush Goyal on Saturday exuded confidence that the India-US bilateral trade in goods and services will reach USD 500-600 billion by 2030 as their relation continues to strengthen. The trade between the two countries stands at about USD 175 billion at present. On whether India… Continue reading India-US trade may reach $500-600 billion by 2030: Piyush Goyal
FREYR buys Georgia site for battery plant, sees $1.7 bln initial capital cost
Luxembourg-based FREYR Battery SA said on Friday it had purchased a site in Coweta County, Georgia for its Giga America battery plant, and projected an initial capital spend of $1.7 billion for the project. The battery developer, which plans to undertake detailed plant engineering in the coming months, also said it expects to create more… Continue reading FREYR buys Georgia site for battery plant, sees $1.7 bln initial capital cost
Road Minister Gadkari sanctions new projects worth Rs. 1.6 lakh crores in North East
Gadkari said multi modal logistics parks have been also proposed at Udaipur in Tripura and Silchar in Assam. Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced sanctioning of new projects worth Rs.1.6 lakh crores in North East India. At the concluding press conference of the review of NH projects in North… Continue reading Road Minister Gadkari sanctions new projects worth Rs. 1.6 lakh crores in North East
Solar EV art installation, in heart of Bengaluru
The installation is made out of waste materials, keeping it eco-friendly to encourage people to go green. An interactive solar-powered electric vehicle art installation will make its debut at Church Street this weekend. This has been designed as an interactive and engaging experience for the people to touch and experience an EV in real time.… Continue reading Solar EV art installation, in heart of Bengaluru
India to be one of top three economic powers in next 10-15 years: FM
Listing out some of the important measures taken by the government to boost the economy. New Delhi: India has emerged as one of the fastest-growing major economies in the world and is expected to be one of the top three economic powers globally over the next 10-15 years, Finance Minister Nirmala Sitharaman said on Friday.… Continue reading India to be one of top three economic powers in next 10-15 years: FM
EU expects recession to hit Europe as inflation hangs on
The commission says high energy prices, a rising cost of living, higher interest rates and slowing global trade. The European Union’s executive commission slashed its forecast for economic growth next year, saying the 19 countries that use the euro currency will slide into recession over the winter as peak inflation hangs on for longer than… Continue reading EU expects recession to hit Europe as inflation hangs on