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₹70,000 crore in the next 5 years, said textile secretary Rachna Shah. The government is looking to attract foreign direct investment (FDI) through PM MITRA and several other schemes. “We are hopeful that seven PM MITRA parks will emerge as growth centres in the textile sector, seeking the support of global investment players to invest in India and source textile from India," Shah said.

India is one of the bright spots in the global renewable and clean energy sector. Its RE portfolio is around 132 GW, with a target of 450 GW by 2030. India's energy basket is now 43% non-fossil fuel-based, which will be ramped up to 50% by 2030.

By YP Rajesh, Rupam Jain and Krishn Kaushik

New Delhi: Samajwadi Party declared the highest assets among regional parties in the year 2021-22, followed by the Bharat Rashtra Samithi, a report by a democratic reform think tank said. According to Association for Democratic Reforms, during the financial year 2020-21, SP declared assets totalling Rs 561.46 crore, which increased by 1.23 per cent to Rs 568.369 crore in 2021-22.

India and China both on Saturday refrained from signing the pledge at the COP28 climate summit to triple the world's renewable energy capacity by 2030 even though New Delhi already committed to it as part of its G20 presidency. During the UN's climate talks here, 118 countries committed to tripling the global renewable energy capacity by 2030 in a highly endorsed initiative. This ambitious goal aims to reduce the reliance on fossil fuels in the world's overall energy production.

Narendra Modi met Qatar's Amir Sheikh Tamim bin Hamad Al-Thani on the sidelines of the COP28 summit in Dubai on Friday, as they discussed bilateral partnership and the well-being of the Indian community in the oil-rich country. The meeting is significant as eight former Indian Navy personnel were on October 26 given death sentences by a court in Qatar and the Indian government has reportedly filed an appeal against the sentence.

Canada accused India of killing a citizen on its soil, New Delhi dismissed the allegations as «absurd».

Gurpatwant Singh Pannun is now at the crux of possible bitterness in ties between India and US, if the former does not tread carefully. US recently charged an Indian man- Nikhil Gupta- with plotting to assassinate Pannun in American soil.

Guterres on the sidelines of the UN climate summit here and highlighted India's initiatives and progress in achieving climate goals. During the meeting, Modi thanked Guterres for his support during India's G20 Presidency. «Both leaders exchanged views on priorities and concerns of the Global South related to Climate Action, climate finance, technology and reforms of the multilateral governance and financial institutions, including the UN,» a statement by the External Affairs Ministry said in New Delhi.

NEW DELHI : Hindustan Unilever Ltd is splitting its beauty and personal care business into two, one dedicated to beauty and wellbeing and the other to personal care, as it looks to take on younger, mostly digital-focused companies that are challenging the incumbents. With the transition, effective 1 April, HUL’s beauty and personal care business structure will mirror that of parent Unilever, which too has beauty and wellbeing (B&W), and personal care (PC), as separate divisions. HUL’s beauty and personal care division contributed 37% of its revenue in FY23, with brands such as Lifebuoy, Lux, Sunsilk, Clinic Plus, Dove, Lakmé, Pond’s, and Closeup.

Bhagwant Mann on Friday announced a hike of Rs 11 per quintal in sugarcane price, saying the new rate of Rs 391 a quintal is the highest in the country. The announcement came days after the chief minister assured farmers of «good news» in the coming days.

JSW Group and China's SAIC Motor have formed a joint venture in India with a focus on green mobility and to develop the electric vehicle ecosystem, the two companies said in a statement on Thursday. JSW will take a 35% stake in the new Indian joint venture, the companies said. SAIC already has a presence in India through its fully owned unit MG Motor India but has struggled to grow its presence in the country after Chinese investments faced increased scrutiny from New Delhi. The new joint venture with JSW will also support growth of SAIC's MG in India by increasing locally sourced auto parts, expanding the production capacity and growing its charging infrastructure, the companies said.

NEW DELHI : India’s production linked incentive (PLI) scheme for mobile phone manufacturing had generated 500,000 jobs, telecom and IT minister Ashwini Vaishnaw said Thursday, at the inauguration of the Padget Electronics’ new manufacturing plant which will make 25 million phones a year. “Due to PLI, the incremental job creation in the mobile industry is 5 lakh and I’m confident that the number will increase in the next five years," the minister said. Dixon Technologies’ subsidiary Padget Electronics set up its new manufacturing facility in Noida with an investment of ₹256 crore, and had begun production of Xiaomi devices last quarter.

NEW DELHI : The Indian economy shot past expectations to clock an impressive 7.6% growth in the September quarter, retaining its crown as the world’s fastest-growing major economy. That’s a major step-up from 6.3% in the corresponding period of the previous fiscal year. While manufacturing, mining and construction put up a robust show, agriculture cooled thanks to an erratic monsoon, National Statistical Office (NSO) data showed.

NEW DELHI : JSW Group has entered into a joint venture with China’s SAIC Motor, which markets MG Motor cars in India, and will own a 35% stake in the new entity that will focus on manufacturing electric vehicles in the country. The rest of the ownership has not been decided yet, company executives said. JSW Group’s Parth Jindal and SAIC Motor’s president Wang Xiaoqiu signed agreements for the transaction at the MG Motor office in London, the companies said on Thursday.

Dubai, United Arab Emirates & San Francisco, United States & New Delhi, Delhi, India – Business Wire India MIRAI JMAC, a leading advisory and consulting firm, announced the creation of MIRAI Capital Global with an initial corpus of USD 1.5 Billion in a strategic partnership with the UAE Royal Family Office (RFO) of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi.

Suryakumar Yadav, leading the Indian team in the ongoing T20I series against Australia, will continue as captain for the upcoming three-match T20I series against South Africa starting on December 10 in Durban. KL Rahul will take on the captaincy role for the three-match ODI series against South Africa. The BCCI selection committee also named Jasprit Bumrah as Rohit Sharma's deputy in the two-Test series commencing on December 26 in Centurion, where Rahul will handle wicketkeeping duties. «The Men's Selection Committee met in New Delhi on Thursday to pick Team India's squad for the upcoming all-format tour of South Africa.

Green Hydrogen and Green Energy Sector across the VGGS Roadshows and Delegation Visits. To incentivize investments in the green hydrogen domain, the Government of Gujarat has introduced a land allotment policy offering benefits to companies engaged in green hydrogen projects.

By Aftab Ahmed

Gurpatwant Singh Pannun, the Khalistani separatist and Indian-origin citizen of the US and Canada, is in the spotlight after the US law enforcement authorities on Wednesday announced the filing of a «murder-for-hire» charges against Indian national Nikhil Gupta in what they said was a «foiled plot to assassinate» Pannun in New York City allegedly supervised by an Indian government official. Pannun has been the most vocal proponent of Khalistan in recent years, holding Khalistani referendums in Western countries and announcing rewards to Indian SIkhs for writing Khalistani graffiti and hoisting Khalistani flags. A designated terrorist wanted in India in nearly two dozen cases related to terror and sedition, Pannun has emerged as the biggest figurehead of the Khalistani movement, threatening India and Hindus with impunity, even threatening obliquely to blow up Air India flights recently. Read More:'Matter of concern,' New Delhi says as US indictment names Indian on Khalistani Pannun's murder plot charges Pannun started out as an eccentric activist, who would file cases in American courts against visiting Indian politicians for their alleged role in the 1984 Sikh riots, and has now become the most reocgnised face of the global Khalistani movement. The beginning of Pannun “Children often bring pride to their village or towns, but Gurpatwant has besmirched its reputation with a tag of a terrorist's village and brought us shame,” Sarjan Singh, a resident of Pannun's ancestral village Khankot, on the outskirts of Amritsar in Punjab, had told TOI three years ago.

Ervin Tu, interim CEO of technology investor Prosus and its South African parent Naspers, said that the firm is working every day to improve returns on its edtech portfolio. He added that investments in companies such as Byju’s and Stack Overflow, which are struggling, have not affected its overall belief in the sector. Tu was addressing analysts as part of Prosus’s second-quarter earnings call for FY24, from New Delhi.