City New Delhi Financial News

NTPC are in focus on Tuesday after its subsidiary company NTPC Green Energy signed a memorandum of understanding (MoU) with the Rajasthan government for a 25-gigawatt renewable energy project. «On the occasion of Rising Rajasthan Investor Meet at New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for the development of 25 GW of Renewable Energy Projects in the State of Rajasthan,» the company said in an exchange filing.

Subscribe to enjoy similar stories. As global dynamics shift, does foreign direct investment (FDI) need extra supervision? As reported, India’s government is exploring the idea of an FDI regulatory mechanism for post-inflow review and monitoring. The plan is at a discussion level, so it is too early to tell the shape it will eventually take, should it go ahead, or the details of any rules under consideration.

Tata Power will be in focus in Tuesday's trade after the company announced the signing of a landmark memorandum of understanding (MoU) with the Rajasthan government. The agreement was signed during the ongoing Rising Rajasthan Investor Meet in New Delhi and the proposed investment plan under it will be Rs 1.2 lakh crore.

Subscribe to enjoy similar stories. New Delhi: The government is likely to allow sops for research & development and manufacturing under a new productivity-linked incentive policy for drones that is being discussed within the government, two people told Mint. The original proposal was to provide incentives for testing, R&D and manufacturing.

Subscribe to enjoy similar stories. New Delhi: The government’s renewed focus on setting up thermal power projects in the country and a surge in demand for coal-fuelled power generation have revived the fortunes of BHEL Ltd, India’s largest power equipment manufacturer, two people familiar with the matter said.

Swachh Bharat Mission launch by participating in the Swachh Bharat Diwas programme on October 2, during which he will launch and lay foundation stones for several projects related to sanitation and cleanliness worth more than Rs 9,600 crore. The Swachh Bharat Diwas programme will showcase India's decade-long sanitation achievements and those in the recently-concluded «Swachhata Hi Seva» campaign. «Marking the completion of 10 years of the launch of one of the most significant mass movements for cleanliness — the Swachh Bharat Mission — Prime Minister Shri Narendra Modi will participate in Swachh Bharat Diwas 2024 programme on the occasion of 155th Gandhi Jayanti on 2nd October at around 10 AM in Vigyan Bhawan, New Delhi,» a statement issued by the Prime Minister's Office (PMO) said. The projects to be launched include those worth more than Rs 6,800 crore aimed at enhancing urban water and sewage systems under AMRUT and AMRUT 2.0, 10 projects worth over Rs 1,550 crore focused on improving water quality and waste management in Ganga basin areas under the National Mission for Clean Ganga and 15 compressed biogas (CBG) plant projects worth more than Rs 1,332 crore under the GOBARdhan scheme.

Atishi, along with other MLAs and members of the Aam aadmi party, including former Delhi Deputy Chief Minister Manish Sisodia and Delhi Minister Gopal Rai inspected the condition of roads in the national capital on Monday. She inspected the condition of roads in the Okhla area of the national capital. This is part of the Delhi government's road assessment and repair plan.

Subscribe to enjoy similar stories. New Delhi: The government is planning to revive the India International Arbitration Centre (IIAC), a statutory body created in 2019, by incentivizing various parties to arbitrate at the New Delhi institution in an effort to increase its case load, two government officials said on the condition of anonymity.

Subscribe to enjoy similar stories. New Delhi: The Coalition for Disaster Resilient Infrastructure (CDRI), an international organization based in New Delhi, is planning to tap artificial intelligence (AI) to curb infrastructure-related disasters, which also be discussed at the 29th United Nations Climate Change Conference (COP29), said director general Amit Prothi. “We will have a discussion on data at COP29.

Subscribe to enjoy similar stories. India’s leadership in the telecommunications sector is set to reach a new height as it prepares to host the World Telecommunication Standardization Assembly (WTSA) from 15 October to 24 October in New Delhi. This is the first time that this event, organized by the International Telecommunication Union (ITU), is being held in the Asia Pacific.

minimum export price (MEP) of $490 per tonne. The exports of non-basmati white rice were prohibited since July 20, 2023. “The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) …is amended from prohibited to free, subject to MEP of $490 per tonne with immediate effect and until further orders,” the directorate general of foreign trade (DGFT) said in a notification.

prosthetics and rehabilitation. Yevhen Pramonov was injured last December in Donetsk when he stepped on a mine. Evacuated under heavy gunfire, he survived due to prompt first aid and later treatment at the Superhumans Centre. The centre, established after the Russian invasion, has become essential for both soldiers and civilians. It specializes in prosthetics, mental health support, reconstructive surgery, and rehabilitation. So far, it has treated more than 625 people and provided 850 prosthetic limbs. Aether Biomedical, founded by two Indian innovators, has played a key role in this success by supplying advanced bionic arms. The company, established by Dhruv Agrawal and Faith Jiwakhan, has provided 70 bionic arms to amputees at the centre.

Subscribe to enjoy similar stories. New Delhi: For two decades, Ashok Mehta has been exporting textiles from his Suchi Industries Ltd. in Surat, Gujarat, generating a revenue of about ₹30 crore in FY23.

Mohamed Muizzu claimed that he had not followed an ‘India Out’ policy, while asserting that the country had a “serious problem” with the presence of foreign military on its soil. Male is in talks with New Delhi for a proposed state visit by Muizzu in October. Maldives is seeking support from India to tackle a simmering financial crisis. “We have never been against any one country at any point. It’s not India Out. Maldives faced a serious problem with foreign military presence on this soil,” said Muizzu. The Maldives President was responding to a query at Princeton University’s “Dean’s Leadership Series” on Thursday.

Subscribe to enjoy similar stories. New Delhi: The Supreme Court of India is set to rule on the powers of the Airports Economic Regulatory Authority (AERA) to regulate tariffs for non-aeronautical services, a decision that could affect the charges that passengers pay for airport facilities and flying.

Subscribe to enjoy similar stories. "What is love of art?" says Krishen Khanna. “That I must be painting all the time." One of the founders of the Progressive Artists’ Group, the Mumbai-based artists who shaped the post-independence art scene in India, Khanna is the last surviving member of the iconic group of modernists.

Erdogan did not mention Kashmir in his address at the United Nations General Assembly this year, the first time he has skipped the issue since the abrogation of Article 370 in 2019. The focus of his 35-minute speech on Tuesday was on the humanitarian crisis in Gaza, where over 40,000 people have died in Israeli attacks against Hamas. After India scrapped the special status Jammu and Kashmir enjoyed under the Constitution in 2019, Erdogan has referred to Kashmir every year in his address to world leaders at the UNGA session here, while advocating talks between New Delhi and Islamabad. However, Pakistan's Foreign Ministry insisted that Turkiye's stance on the Kashmir issue remains unchanged, The Dawn newspaper reported.

Subscribe to enjoy similar stories. New Delhi: The department of telecom (DoT) may take a favourable view on waiving bank guarantees due from telcos for spectrum purchased till 2022, a move that could help the beleaguered Vodafone Idea Ltd the most. Prior to 2022, telcos had to submit a bank guarantee while buying spectrum, a rule designed to ensure they make regular annual payments for the airwavespurchased.

Subscribe to enjoy similar stories. New Delhi: India's apex medical education regulator has sought government intervention to resolve an internal crisis with its four autonomous boards working at cross-purposes, two people aware of the development said. The National Medical Commission (NMC) has had to cancel several public notices following poor internal consultations, and has flagged the matter to the Union health ministry.

National Socialist Council of Nagaland-Isak-Muivah (NSCN-IM) is likely to take place in the first week of October in New Delhi. An NSCN-IM leader said, “We are asked to come to New Delhi to resume talks which have stalled for quite some time.The ball is currently in the court of the Centre. The NSCN-I-M leadership is waiting for the Centre’s decision about our demands.” On September 12, an all-important consultative meeting, convened by the state Home Department, in Kohima, discussed the long pending Naga political issue and demanded the appointment of a new ministerial-level interlocutor to take forward the talks with all the Naga groups.