India Financial News

New Delhi: The Energy and Resources Institute (TERI)organized a photo exhibition titled "Coal Dependence: Lives in an Extractive Economy" at its headquarters at the Indian Habitat Centre on July 25 and 26.Thetwo-day exhibition was part of a project “Just Transition: Understanding and the Implications of Moving Away from Coal", supported by the MacArthur Foundation.The exhibition strove to illuminate the lives of communities that are intricately connected to the coal economy, which is at the heart of the just energy transition debate.Through a series of compelling photographs, the exhibition examined the everyday realities of individuals engaged in selling, extracting, and transporting coal which happens in the absence of alternate lucrative means of income. These images highlighted the vulnerabilities faced by these communities as we aspire to transition towards cleaner energy sources.The photo exhibition was inaugurated by Dr Vibha Dhawan, Director-General, TERI, and attended by Mr Ajay Shankar and Mr Jiwesh Nandan, Distinguished Fellows at TERI.

Mahindra Thar Roxx is expected to boost the already strong demand for the Thar series. While the three-door Thar model has been well-received, it has faced criticism for the difficulty in accessing the second-row seats and limited rear passenger space. The Thar Roxx, with its extended wheelbase and dedicated rear doors, addresses these issues, offering easier access and more room for back-seat passengers.Previous spy shots and teaser videos have hinted at various design changes for the Thar Roxx.

startups have reported to have generated more than 15.5 lakh direct jobs to date, as it detailed various initiatives taken by ministries and departments to help create even more jobs and nurture young entrepreneurs in years to come.

White Matter Advisory on Monday announced the acquisition of a 90% stake in fintech startup Fairexpay for an undisclosed amount. The acquisition will help White Matter Advisory in expanding its portfolio in the area of cross-border remittance and fund collection services, a release said.

Shares of Divi's Laboratories Ltd.(up 2.79 per cent), Zydus Lifesciences Ltd.(up 2.48 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 1.45 per cent), Aurobindo Pharma Ltd.(up 1.36 per cent) and Lupin Ltd.(up 1.12 per cent) ended the day as top gainers in the pack.

S Jaishankar on Monday ruled out any role for a third party in India's border dispute with China, saying the two neighbours have an issue and it is for them to find a way out. «We are not looking to other countries to sort out what is really an issue between India and China,» Jaishankar said while responding to a series of questions at a press conference in Tokyo.

Shares of Ashok Leyland Ltd.(up 4.05 per cent), Bharat Forge Ltd.(up 3.1 per cent), Mahindra & Mahindra Ltd.(up 1.57 per cent), Balkrishna Industries Ltd.(up 0.77 per cent) and Maruti Suzuki India Ltd.(up 0.7 per cent) ended the day as top gainers in the pack.

diesel is still at an experimental stage, and there is no plan, at present, to mandate it, as initial tests showed the formation of deposits in fuel tanks and other implications. Replying to a supplementary question in the Rajya Sabha on whether the Centre plans to mandate the blending of ethanol with diesel, Minister for Petroleum and Natural Gas Hardeep Singh Puri said, «The issue of blending ethanol with diesel is still at an experimental stage, and I can say categorically that at present there is no plan to mandate».

India's total installed power generation capacity has grown around 80 per cent over the last 10 years to 4,46,190 MW (4.46 GW) in June 2024, Parliament was informed on Monday. The installed capacity, which was 2,48,554 MW in March 2014, reached 4,46,190 MW in June, the Union Minister of State for Power Shripad Naik said.

indexation benefits for LTCG taxation, Leader of Opposition Rahul Gandhi today said that the middle-class, which banged thalis and light torch during on Prime Minister Narendra Modi's request has been stabbed by govt in the Budget.

Tata International has planned to increase the share of its sustainable leather from 27% of its total production in FY24 to 50% in the next four years.

AIA Engineering via a filing on Monday announced that the company’s board might consider a buyback of its shares in its upcoming meeting. Following this announcement, the shares of the company jumped 7% to its new all-time high of Rs 4,690 on the BSE. “The meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, August 07, 2024, to consider a proposal for buy-back of equity shares of the company and other matters incidental and necessary thereto, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended, and other applicable laws,” said the company in a filing to the exchanges.

cyber villain invades to cripple a system, it is a calamity as unstoppable as an earthquake or pandemic. Traders whose coins and funds are frozen at WazirX — the Indian crypto exchange that was recently hit by a massive cyber heist — are now discovering this from the fine print of the terms and conditions they had hitherto ignored. What is coming to the fore in the wake of the WazirX fiasco is that unlike banks or stock exchanges most local crypto platforms categorise ‘cyber breach’ as a ‘force majeure’ event (or, an ‘Act of God’) in their ‘terms of use’ that investors signing in to open accounts rarely read. But for traders a ‘force majeure’ clause may legally shut the doors for claiming lost assets after such a disaster.

expectations and employee realities regarding hiring and retention continues to grow, according to a report. Even as employers and job seekers agree that flexibility, higher salaries and career progression are top priorities, employees value company culture and ethics more than the organisations realise while organisations overvalue the importance of brand and incentives, said Michael Page 'Talent Trends 2024 — India Expectation Gap' report.

infiltration by Pakistani Special Service Group (SSG) commandos.

cottonseed oil is anticipated during the festive season due to heightened demand even though the cotton yield this season has surpassed expectations, industry officials said.

SAP Labs India Monday announced two global AI roles to be based at its Bengaluru hub.

BluPine Energy on Monday said it has secured Rs 239 crore financial assistance from Tata Capital. The amount will be utilised towards a solar power project in Chhattisgarh, the company said in a statement.

Info Edge (India) Ltd. traded at Rs 7124.9 on BSE at 01:34PM (IST) on Monday, down 0.92 per cent from previous close. The scrip quoted a 52-week low price of Rs 3973.15 and a high of Rs 7261.55.

Quad Foreign Ministers on Monday condemned the ongoing attacks perpetrated by Yemen's Houthis against international and commercial vessels transiting through the Red Sea and Gulf of Aden.

Colgate-Palmolive (India) Ltd. traded 1.22 per cent up at Rs 3202.4 at 11:52AM (IST) on Monday, even as BSE benchmark Sensex gained 544.92 points to 81877.64. The stock had settled at Rs 3163.8 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 3260.3 and Rs 1891.7, respectively.