[ad_1] (Image credits: KPI Green Energy) NEW DELHI: KPI Green Energy announced on Wednesday that it has secured a Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to partly fund its 50 megawatt (MW) hybrid power project in Bharuch, Gujarat, news agency PTI reported.“The company has received a final…
[ad_1] Fitch expects India’s GDP growth to strengthen further in the last quarter of FY25. (AI image) The Indian economy is ‘somewhat insulated’ from the impact of high US tariffs, Fitch has said in its latest Global Economic Outlook report. Fitch sees the Indian economy growing at 6.5% in the upcoming financial year, with a…
[ad_1] Indian Railways intends to purchase 3 GW of renewable energy, including hydropower, alongside 3 GW of thermal and nuclear power in 2030. (AI image) The Indian Railways has begun consultations with the Department of Atomic Energy (DAE) and power ministry regarding the establishment of small nuclear power facilities to meet its energy needs, supporting…
[ad_1] NEW DELHI : India and New Zealand are working to finalise a comprehensive and mutually beneficial Free Trade Agreement (FTA), commerce and industry minister Piyush Goyal said on Tuesday, and called for targeting robust growth in bilateral trade over the next decade.The two countries decided to relaunch negotiations for a free trade agreement on…
[ad_1] Gold prices surged by Rs 500, reaching a record high of Rs 91,250 per 10 grams in the national capital on Tuesday. This increase was driven by continued buying from stockists and retailers, coupled with strong trends in international markets, according to the All India Sarafa Association. On Monday, gold with 99.9% purity had…
[ad_1] Is the US economy headed for a downturn? (AI image) Is the US economy headed for a recession? A recession happens when an economy’s GDP contracts for two consecutive quarters. A recent SBI Research report says that the long term US GDP growth shows a declining trend.Concerns have risen about the economic outlook of…
[ad_1] Satellite capacity offered by Starlink is anticipated to be substantially higher, approximately 80-90 times more than competitors Elon Musk-led Starlink’s satellite connectivity capabilities in India could potentially deliver a few terabytes per second of data throughput, with significant infrastructure already established. The service could commence immediately after receiving necessary regulatory approvals, according to sources…
[ad_1] The distribution of Ratan Tata’s assets will commence after the will undergoes probate. Noel Tata, who chairs Tata Trusts, has joined the Ratan Tata Endowment Trust (RTET) board alongside Shireen and Deanna Jejeebhoy, who are half-sisters of late Ratan Tata. The existing trustees, Pramit Jhaveri and Darius Khambata, made these appointments, according to sources.The…
[ad_1] Market is likely to move in a range in the near-term without a sharp break out or break down, says Dr. V K Vijayakumar of Geojit Financial Services. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Tuesday. While BSE Sensex rose over 800…
[ad_1] NEW DELHI: Starlink is likely to face a spectrum tax in India, which had been abolished for terrestrial network providers, such as Reliance Jio, Airtel and Vodafone Idea a few years back, sources said. The tax, if imposed, will increase service costs for Elon Musk-run satcom venture in India.The move will be another challenge…
