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renewable power projects. Among others, Siemens Energy is looking to sell the wind-turbines unit of its local subsidiary, Shell is scouting for investors in Sprng Energy and Renew is in talks to hawk some of its solar assets. An over-supply of climate-friendly generators of electricity suggests that deals will be struck at weaker valuations than sellers would like, with saleability likely to hinge on project viability, market conditions and the risk-return profile.

BEIJING — The International Monetary Fund on Wednesday raised its forecast for China's growth this year to 5%, from 4.6% previously, due to «strong» first quarter figures and recent policy measures.

Carson Group fired back at a former executive’s retaliation and discrimination claims in court last week.

Equity markets witnessed a volatile session on Tuesday to finally end with losses. The broader market witnessed sharper profit booking, indicating heightened volatility. «Nifty has been consolidating in a broad range for the third consecutive day as investors remain watchful ahead of the big election outcome next week. We expect the Nifty to remain sideways to marginally positive on the back of reduced FII selling, prediction of above normal monsoon and last leg of Q4 results,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Cote De Pablo and Michael Weatherly are back in action and will be teaming up to host Off 'Duty: An NCIS Rewatch'. This will be a new weekly video podcast on Spotify. This podcast will be launched on June 4 and will take the fans down some special scenes, off-screen fun and more. It will carry the story of these two leading characters. Cote De Pablo is known for her role in the character of Special Agent Ziva David who is a former Mossad Agent turned NCIS officer. She is known for her intelligence and expert combat skills. This captivated the audience right from her introduction in Season 3 until her departure in Season 11.

The federal government and the government of Ontario have reached a $357-million deal under the National Housing Strategy.

maintained its key overnight interest rate at the 23-year high mark since July 2023 and has now indicated holding rates high until inflation cools and moves consistently to the target range. The FOMC minutes showed that most members remained concerned about the lack of progress on inflation. The FOMC minutes showed that the bar for easing remains fairly high as the need to maintain a restrictive regime was emphasized.

DGFT) has put on hold its recent decision on changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports, according to a media release issued by Gem & Jewellery Export Promotion Council (GJEPC) on Tuesday. In a virtual meeting on 28th May GJEPC urged DGFT for a balanced approach that enables minimal disruption to exports and considers both efficiency and the livelihoods of millions associated with the trade. In the meeting, GJEPC informed DGFT officials that the revised norms would have a disproportionate impact on the small and medium-sized enterprises (MSMEs), which represent 85% of all exporters. DGFT has given GJEPC time until 31st July to provide inputs on Standard Input Output Norms (SION). In this time period, GJEPC will conduct a detailed study on wastage norms on different categories of jewellery including plain, studded, machine-made and hand-made.

Immediately halt its military offensive and any other action in the Rafah Governorate, which may inflict on the Palestinian group in Gaza conditions of life that could bring about its physical destruction in whole or in part".The ICJ ruling against Israel on Friday brought the focus on Judge Dalveer Bhandari in India. So who is Dalveer Bhandari, the Indian Judge who voted in favor of the ruling against Israel.A former Supreme Court judge, Justice Bhandari has been a member of the International Court of Justice (ICJ) since 2012.

premium quality," Raghavendra Rao said in the video.The other cofounder of the Rameshwaram Cafe, Divya also released a statement on the raids and claimed that the expired stocks were not for consumption. “At our Hyderabad outlet alone, we require over 500 kgs of urad dal weekly, 300 liters of milk daily, and 80 to 100 liters of curd daily. The stocks found were sealed and unattended, intended for dispatch and not for consumption," she said in statement."The law does not prohibit the use of unlabeled products.

BJP and Prime Minister Narendra Modi, Congress leader Rahul Gandhi declared that the BJP's reign will end on June 4, ushering in a return to prosperity for the nation. Addressing a rally, Rahul emphasized that only seven days remain for the 'fake fakir' who deceives the public. «After June 4, it's Goodbye BJP, Goodbye Narendra Modi. Only 7 days left for the fake fakir who deceives the public. INDIA is garnering votes — Khata Khat Khata Khat! The country will break free from the BJP; better days are on the horizon — Fata Fat, Fata Fat,» Rahul asserted. Rahul also criticized Modi for his 'sent by God' remark. Responding to Modi's recent assertion of feeling «sent by God,» Rahul Gandhi taunted the PM, suggesting, «God sent Modi to aid Adani, not the impoverished.» He further asserted that the INDIA bloc will reinvigorate the economy upon assuming power.

Federal Reserve Bank of Cleveland President Loretta Mester said the US central bank should consider ways to better communicate to the public how economic conditions will affect future policy decisions.

Gulzar Natarajan and I wrote that nations may be ill-advised to rely on private capital for the investments they need to make to deal with climate change. However, Brett Christophers takes this argument further in his book, The Price is Wrong: Why Capitalism Won’t Save the Planet. He delves into why private capital, despite its potential, will not invest enough in renewable-energy generation capacity for the planet to achieve its goal of limiting temperature increase to 1.5° Celsius above pre-industrial levels.

Naveen Patnaik's close aide and senior BJD leader VK Pandian on Tuesday claimed the opposition BJP has «committed nine self goals» during the ongoing Lok Sabha and Odisha Assembly polls thus boosting the regional party's electoral prospect. Pandian claimed that the BJP's self-goals will help the BJD and none can stop the regional party from forming the government for the sixth consecutive time. Lok Sabha and Assembly elections are being held simultaneously in Odisha. He also claimed that the BJD has so far by the end of the third phase of Assembly polls, already secured majority to form government in the state and the next and final phase of voting will be held in BJD's stronghold areas.

tribal population was decreasing in the Santhal Parganas because of infiltration, Prime Minister Narendra Modi on Tuesday accused the JMM-led ruling alliance in Jharkhand of «patronising» infiltrators, who he said were grabbing land and putting women at risk. Addressing an election rally in Dumka, he alleged that the JMM and Congress were indulging in «rampant loot» and vowed that action against corruption would be intensified in the country after June 4. «A big crisis looms over Jharkhand and that is infiltration. The Santhal Parganas is facing the challenge of infiltration. In many areas, the population of tribals is declining fast and the number of infiltrators is on the rise. The infiltrators are grabbing tribal lands. Tribal daughters are the target of infiltrators. Their security and safety are at risk. Their lives are also at risk,» he said. Apparently referring to two incidents that happened in 2022, Modi said, «Tribal daughters are being chopped into 50 pieces… Being burnt alive… Someone's tongue was pulled out. Who are these people who are targeting tribal daughters? Why is the JMM government patronising them?»

₹2.11 lakh crore dividend to the government for the financial year 2023-2024, which was more than double the market had expected. A higher dividend amount provides a great deal of flexibility to the central government on the fiscal side and this positive surprise enthused all the markets with lower bond yields, rupee appreciating and the stock markets hitting new highs.Also Read: RBI dividend boost to help in improving budget math“The maximum impact of the higher dividend was seen at the longer end of the curve with bond markets feeling optimistic about a cut in government borrowing when the full Budget is presented in July," said Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund.Yields at the shorter end of the curve also came down as a result of lower borrowing in T-bills as announced last week to reduce the government surplus which may go up to ₹6 lakh crore after the transfer of the RBI dividend.

income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate. As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate. Last month, the income tax department issued a circular stating that no action will be taken for short deduction of TDS in case the assessee links his/her PAN with Aadhaar by May 31. «Please link your PAN with Aadhaar before May 31, 2024, if you haven't already, in order to avoid tax deduction at a higher rate,» the department posted on X.

Narendra Modi returning to power for a rare third consecutive term will boost shares of defence, infrastructure, railway and capital goods companies, the head of brokerage Motilal Oswal Financial Services said."These were areas where the government has focussed on, invested money. High probability that the ruling government will continue.

Genshin Impact, the popular open-world action role-playing game, continues to expand its immersive world of Teyvat with new regions. Players eagerly anticipate the release of Natlan, the upcoming area filled with safari-like landscapes and intriguing creatures, a Dexerto report said.

committee will examine if manufacturing of nutraceuticals should be allowed within drug manufacturing facilities. India's drug regulator had said earlier that action will be taken against those flouting norms by manufacturing supplements and drugs in the same facility. However, following objections raised by various pharma lobbies, the drug regulator has formed a committee that will give its recommendations within three weeks on the issue. The committee comprises senior officials from the regulatory authority, experts from the National Institute of Pharmaceutical Education and Research (NIPER) and an industry expert.

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