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renewable energy capacity, it faces a conundrum, despite targets for renewable power generation, the nation is poised for significant growth in fossil fuel-fired power generation in the coming years. This dilemma, highlighted by BP chief economist Spencer Dale, underscores the mounting sense of «frustration and anger» in developing economies over Western-imposed climate policies. «Even if that happens, the country will still need to boost coal- and/or gas-fired generation to meet forecasts of energy demand growth», Dale said.

PlayStation unit and shut down a London-based studio, Reuters reported. The decision comes in response to the ongoing challenges faced by the videogame industry in the aftermath of the post-pandemic slump, it added. The job cuts will affect around 8 percent of the division's workforce spanning regions from the Americas to Asia.

Skoda Auto will begin assembling electric vehicles in India latest by 2027, a senior company official said on Tuesday. The company is testing electric SUV Enyaq for possible launch in India this year. «We are deep in e-mobility. In the next three years we will expand to six models and out of this, one specific model we should bring to India as well,» Skoda Auto India Brand Director Petr Janeba told PTI here. When asked about plans for local assembly of EVs, he said, "(The) ultimate target is latest by 2027 we will be assembling full battery electric vehicle here in India."

Zeno Health, which runs a chain of generic medicine-focussed pharmacies, has raised $25 million from investors led by Korean private equity firm STIC Investments. Existing investor Lightbox Ventures was a significant participant in the Series C funding round.

A strategic partnership between a global investment management firm and a provider of wealth management software and services aims to transform the RIA channel.

Injective and Celestia have announced airdrops for their token holders in the coming months.

LIC Pension, UTI Pension, and SBI Pension Management. According to Ashish Aggarwal, Director, Acube Ventures, NPS aims to maximize returns for investors while minimizing risks - a prudent strategy for such a large, nationwide pension system.

Following the government's capex-push led surge in infrastructure shares such as L&T, the stock market is likely to shift its focus to the consumption story, particularly in rural India. This shift aligns with the release of the National Sample Survey Office's (NSSO) delayed monthly household expenditure survey for 2022-23, which appears to support the Bharatiya Janata Party's narrative ahead of the Lok Sabha elections. The political narrative is expected to resonate within stock market trends as well, especially since the findings of the last survey for the year 2017-18 were discarded after results leaked to the press, showing a drop in consumption levels.

₹1,125 from ₹1,265. The new target price implies a potential downside of 11 percent. The firm's operating profit margin (OPM) has declined to 5 percent in the nine months ended FY24 against 9-12 percent in FY15-21, the brokerage said.

market conditions. At the age of 38, Shelby Davis initiated his investment journey with $50,000. Over time, he accumulated a wealth of $900 million, securing a position among the Forbes 400 wealthiest individuals before his passing at the age of 85 in 1994.

nutraceuticals, health supplements and drugs in the same facility, said people with knowledge of the development. Under the revised Schedule M of Drugs and Cosmetics Act 1940, a manufacturing facility approved for drugs cannot be used for manufacturing other products. The Drugs Controller General of India (DCGI) has now directed the state authorities to take action against units that have licences to manufacture both drugs and food products and are flouting this norm, the people cited earlier told ET. According to the Federation of Pharma Entrepreneurs (FOPE), any clampdown in this regard will pose a significant challenge to the industry, affecting not only exports but also the domestic market. As per a recent notice by the DCGI, an enforcement and surveillance drive carried out by the Food Safety and Standards Authority of India (FSSAI) found that many units in Himachal Pradesh have dual licences under FSS Act 2006 and Drugs and Cosmetics Act 1940 for manufacturing nutraceuticals, health supplements and drugs in same factory.

Prime Minister Narendra Modi setting a target of 370 Lok Sabha seats for the party in the upcoming elections, BJP is aligning party resources to meet the target. Earlier, the party had set up call centres in 300 districts across the country for the election campaign. Now, it has decided to set up call centres in 370 Lok Sabha seats. Sources told ET that around 360 call centres have already been set up and the remaining 10 centres would be set up by this week. At present, there are 19,000 party workers reaching out to more than 40 lakh people on a daily basis. With the new centres adding up, there would be around 21,000 workers with a target to cross 50 lakh calls per day.

In the latter part of February, the US dollar index lost momentum but found stability around 103.8 in the past week.

1. Almonard 18 inch Mark-II Pedestal Fan The Almonard 18 inch Mark-II Pedestal Fan is a testament to classic engineering and reliability. Known for its robust metal construction and oscillating feature, this Almonard fan ensures effective air circulation in larger living spaces and bedrooms.

The misconception that cashless transactions are less traceable by the Income Tax Department has arisen due to the increasing prevalence of such transactions. Nevertheless, this belief is incorrect. This is because banks and other financial institutions must notify the Income Tax department of transactions surpassing a specified threshold. This encompasses card payments, UPI transactions, as well as cash deposits, and withdrawals beyond a designated limit.

Capri Global Capital, a leading non-banking finance company, has appointed Vivek Jain as its new chief human resources officer (CHRO). Jain will collaborate with the senior leadership team to attract, develop and retain top talent, and create a high performance, entrepreneurial culture. Jain comes with over 25+ years of industry expertise.

Who does not like earning while spending? This may not sound unrealistic, but it is very much possible with credit cards. Credit card cashback is a rewards initiative wherein cardholders receive a portion of their spending amount back on purchases. This cashback is either applied as a credit to the cardholder’s account or offset against upcoming bills, reducing the overall cost of transactions. When utilising a credit card for a purchase, a specific percentage of the transaction amount is refunded to the cardholder as cashback. The exact percentage is contingent on the card’s terms, conditions, and the nature of the transaction.

Skoda Auto Volkswagen India, one of the leading automakers in the country, has received the Indian Green Building Council (IGBC) Platinum certification in the Indian Automotive Industry in the owner-occupied category.

Your investment voyage commences with the submission of your documents and making consistent payments. Occasionally, discrepancies in your documents can result in various issues. Although your investment may initiate smoothly, complications may arise when attempting to withdraw funds due to mismatched information. In such instances, your funds might be withheld, leaving you unable to access them when needed. Therefore, it’s crucial to maintain accurate documentation and ensure alignment with your investment details before embarking on any investment or purchasing financial products.

MintGenie, Bhattacharya said that India has benefited from a combination of local and global trends, including the Indian government’s favourable stance towards infrastructure development, geo-political diversification through initiatives like China+1, and the demographic dividend poised to favour India over the next 25 years. Although it was an interim budget in an election year, it adeptly strikes a balance, prioritizing sensibility over populism.

Mint, Nisheeth Srivastava, chief technology & innovation officer, India Industry Platform, Capgemini, shared that the increase in headcount aligns with industry competitors, marking a positive shift after a challenging FY24 across the IT sector. As of February 2024, Capgemini had 175,000 employees in India.