India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. After witnessing cloudy skies this year, the country’s renewable energy sector is expected to boom with a likely investment of over USD 15 billion in 2022 as the government focuses on electric vehicles,… Continue reading Brighter days await renewable energy space; investments likely to cross USD 15 billion in 2022
Author: Economic Times of India Online News
GM, Waymo, others join retreat from CES over rising COVID-19 cases
Consumer Electronics Show (CES) U.S. automaker General Motors Co, Waymo, the Alphabet Inc-owned self-driving auto-technology company, and ByteDance’s social video app TikTok on Thursday joined the companies no longer attending the Consumer Electronics Show (CES) in person early next month due to rising COVID-19 infections. GM’s chief executive, Mary Barra, had been scheduled to give… Continue reading GM, Waymo, others join retreat from CES over rising COVID-19 cases
How India may become an AI powerhouse?
As Artificial Intelligence becomes more mainstream, data will be a key asset. We need to create India-centric datasets that take India’s needs and rich diversity into cognizance. Artificial Intelligence or AI is the ability of devices to display human-like intelligence using data. AI has become ubiquitous like electricity- invisible but enhancing multiple aspects of our… Continue reading How India may become an AI powerhouse?
IPB clears 4 projects worth Rs 230cr with potential to create 1,489 jobs
The investment proposals are for light engineering firms, manufacturing, agro-food processing and an automotive service facility. Panaji: The Goa Investment Promotion and Facilitation Board (IPB) met on Thursday and cleared four investment proposals, which could bring in Rs 230 crore of investment to the state and also create jobs for 1,489 people. Chief minister Pramod… Continue reading IPB clears 4 projects worth Rs 230cr with potential to create 1,489 jobs
Gadkari lays foundation stone of National Highway projects worth Rs 9,119 crore
Union Minister for Road Transport and Highways Nitin Gadkari New Delhi: Union Minister for Road Transport and Highways Nitin Gadkari on Thursday laid the foundation stone of National Highway projects of 240 Km worth Rs 9,119 crore in Meerut and Muzaffarnagar in Uttar Pradesh. Gadkari also launched the first Intelligent Transport System (ITS) on 6… Continue reading Gadkari lays foundation stone of National Highway projects worth Rs 9,119 crore
Global shipping in crosshairs as environmental scrutiny deepens
Last month countries including the United States at the COP 26 climate summit pushed for the IMO to adopt a zero emissions target by 2050. LONDON: Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonisation of the shipping industry and companies grapple with green financing, sources… Continue reading Global shipping in crosshairs as environmental scrutiny deepens
EV charging stations must for buildings with 25+ flats
Existing buildings that are yet to take building completion certificate (BCC) from the NMC, will also have to set up EV charging stations. Nashik: In a bid to promote use of electric vehicles (EV) in the city, the Nashik Municipal Corporation (NMC) has decided that all new residential buildings that have at least 25 flats… Continue reading EV charging stations must for buildings with 25+ flats
Russian start-up aims to bring mobile EV superchargers to London
The firm’s truck-mounted chargers run on liquefied natural gas (LNG), hydrogen or a mixture of the two and do not need to be connected to a power grid. Russian start-up L-charge plans to bring its mobile superchargers for electric vehicles to London in 2022, hoping to benefit from growing demand and the limited existing charging… Continue reading Russian start-up aims to bring mobile EV superchargers to London
Omicron may disrupt supply chain, hamper prospects of passenger vehicle segment: FADA
“Auto Industry may fully recover only by 2023 and come back to its pre-covid levels if covid becomes a history”, Gulati added. Automotive dealer body Federation of Automobile Dealers Associations (FADA) on Wednesday warned that an increase in the number of Omicron cases might cause supply chain disruption in the passenger vehicles segment adding that… Continue reading Omicron may disrupt supply chain, hamper prospects of passenger vehicle segment: FADA
Record number of German firms facing supply problems: Ifo
“The shortage of materials means companies can’t ramp up production accordingly,” said Ifo survey head, Klaus Wohlrabe. Frankfurt: A record number of German companies said they were experiencing supply issues, data published Thursday showed, as bottlenecks which have hampered industry for months tightened once again in December. Almost 82 percent of businesses surveyed by the… Continue reading Record number of German firms facing supply problems: Ifo