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Gurdeep Singh, CMD, and Jaikumar Srinivasan, Director-Finance,NTPC & NTPC Green Energy, in talks with ET Now. Singh says that NTPC Green has a broad target of producing 60 gigawatt by FY32 but on a more immediate basis, they have operational capacity of 3.32 gigawatt and 13 gigawatt under construction. Singh says: “We were there yesterday, we are here today and we will be here tomorrow and going forward. Our clear-cut strategy is that we will be going very steadily while taking care of the good returns, but we are at present ready to execute large scale projects in different parts of the country.” NTPC Green favours large scale solar projects plus the wind projects rather than the smaller ones of 100 to 200 megawatt because smaller projects have to be in the queue to get connectivity in the pooling station. In case of a large-scale renewable energy park, the pooling station comes to the park.

Narendra Modi and UK Prime Minister Keir Starmer held their first bilateral talks on Monday at the G20 Summit in Rio de Janeiro, Brazil. The two agreed to strengthening the UK-India ties, with a focus on areas such as technology, green energy, security, and innovation. An important topic that was raised during the talks was the issue of Indian economic offenders residing in the UK, which the Prime Ministers acknowledged as a concern.

Dhananjaya de Silva will lead Sri Lanka in a two-match Test series away against South Africa later this month, the country's cricket board said Tuesday. The opening Test starts November 27 in Durban, followed by one in Gqeberha on December 5. The series is part of the ICC World Test Championships, where Sri Lanka are currently ranked third and South Africa fifth.

Subscribe to enjoy similar stories. The US elections are over and the outcome is an uncontestable victory for Donald Trump and the Republican Party. Trump got 50.4% of the national vote, a margin of more than 2 percentage points over Kamala Harris.

BAKU: The European Union on Monday urged «wealthier high-emitting» developing nations to voluntarily contribute to climate finance, signalling a shift from its earlier position that had stalled progress in the UN climate talks. Securing a new climate finance package to help developing countries reduce emissions and adapt to climate change is the top priority of this year's UN climate talks. Developing nations need at least $1.3 trillion annually to tackle worsening climate impacts. The EU and some developed countries argue that such a large sum can only be achieved if «wealthier high-emitting» developing nations, like China and Gulf states, also contribute. However, this proposal has been a major sticking point, as many developing countries view it as an attempt to shift responsibility away from those who historically benefited from industrialisation. European Commissioner for Climate Action, Wopke Hoekstra, suggested a compromise on Monday, proposing voluntary contributions from these nations without changing the traditional classification of developed and developing countries.

BAKU: With no much headway on the critical issue of climate finance at UN climate talks COP29 here, negotiators of 198 countries appear to be looking at any big signal from the G20 summit in Brazil’s Rio de Janeiro, where heads of state/government of rich nations and emerging economies are brainstorming on multiple issues, including climate and renewable energy. «We urge them to use the G20 meeting to send a positive signal of their commitment to address the climate crisis. We want them to provide clear mandates to deliver at COP29,» said COP29 president Mukhtar Babayev. At a press conference, he did not mince words while speaking on how important the G20 was for the success of COP29 when the big stake issue of climate finance continues to elude the convergence point among rich and developing countries. «We cannot succeed without them (G20 nations), and the world is waiting to hear from them… They account for 85% of global GDP and 80% of emissions,» said Babayev.

Saudi Arabia's arid climate challenges mirror those faced by regions like Rajasthan, presenting a unique opportunity for collaboration and knowledge sharing, a Saudi minister official said on Monday. Dr Osama Faqeeha, Deputy Minister of Environment, Water and Agriculture, and Advisor to the United Nations Convention to Combat Desertification (UNCCD) COP16 Presidency, made the remarks days ahead of the COP16 meeting to be held in Riyadh from December 2 to 13 under the theme — 'Our Land. Our Future'. «Successful initiatives like the Ghandivan project in Jaipur, which has transformed a barren wasteland into a thriving ecosystem through community-driven efforts, offer valuable insights that can be adapted across different regions,» he said, adding that Saudi Arabia is leveraging water conservation practices and pursuing ambitious rural development programs. «We are focused on raising awareness of the impact of land degradation, drought, and desertification. The scale of our challenge is stark: globally, we lose land equivalent to four football fields every second, amounting to 100 million hectares annually,» Faqeeha said.

Subscribe to enjoy similar stories. Most central banks are cutting interest rates. Not Russia’s.

Australia’s Resolute Mining says it will $160 million to Mali’s ruling junta to resolve a tax dispute, more than a week after the company’s CEO and two other employees were detained in the West African country

Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16. The proposal would see Cupertino-based Apple invest almost $100 million in Southeast Asia’s largest economy over two years, the people said, asking not to be identified because they’re not authorized to speak publicly. Apple’s previous investment plan of close to $10 million would have involved the company investing in a factory making accessories and components in the city of Bandung, located southeast of Jakarta, Bloomberg News reported earlier. After Apple submitted its increased offer, Indonesia’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16, is now demanding that the technology behemoth alter its investment plans to focus more on research and development for its smartphones in the country, the people said. The Ministry of Industry hasn’t made a final decision on Apple’s newest proposal, they added.

Xi Jinping warned Monday the world faces «turbulence,» as G20 leaders met in Brazil two months before Donald Trump returns to the White House. US President Joe Biden was attending his last summit of the world's leading economies, but as a lame duck eclipsed by Xi who has cast himself as a protector of the international order in the Trump 2.0 era. World leaders are meeting for two days to try to jumpstart stalled UN climate talks and overcome their differences on wars in the Middle East and Ukraine, and extracting more tax from the super-rich.

Starmer's office said on Monday, following a months-long pause in negotiations due to elections in both countries. London will seek a «new strategic partnership» with India as well as deepening co-operation in areas like security, education, technology, and climate change, Starmer's office said after he met his Indian counterpart, Narendra Modi, at the G20 summit in Brazil. «A new trade deal with India will support jobs and prosperity in the UK,» Starmer, whose Labour Party was elected to power in July, said.

The volume and value of America’s commercial fishing industry both fell according to newly released federal figures, though members of the industry said the decline was to be expected following a spike in supply

Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025

BEIJING — Chinese gaming giant Tencent is betting on a rise in female players worldwide for its mobile game Honor of Kings, which rolled out to the U.S. and other countries in June.

Boeing has so far laid off 2,199 workers in Washington, among job cuts that will eventually total about 17,000 across the company

German and Finland have expressed deep concern over the discovery of a severed undersea cable between the countries through the Baltic Sea

PM Narendra Modi while addressing the maiden session of the Rio G20 Summit on Monday pointed out that the countries of the Global South are most adversely impacted by the food, fuel and fertiliser crisis caused by global conflicts (read Ukraine and Gaza) and in that context supported Brazil's initiative for a 'Global Alliance against Hunger and Poverty'. Addressing the session titled 'Social Inclusion and the Fight Against Hunger and Poverty', Modi noted that the G20 discussions can only be successful when «we keep in mind the challenges and priorities of the Global South». «This is an important step towards the implementation of the Deccan high-level principles for Food security, adopted at the New Delhi Summit.» Simultaneously, the PM called for reforms of the global institutions which has also been a key priority at the Brics as well as for G20 hosts Brazil and South Africa, among other countries. «And just as we amplified the voice of the Global South by granting permanent membership of G20 to the African Union during the New Delhi Summit, we will reform institutions of global governance.» The second session of the G20 Summit focused on reforms of Global institutions.

Maritime Development Fund to support shipbuilding and repair clusters, according to union ports, shipping and waterways minister Sarbananda Sonowal. This move will supplement the ₹1.5 lakh crore upgrade plan for the ports sector for the next five years, which includes development of six deep draft ports, two transshipment hubs as well as green and smart ports. «We are also looking at developing hydrogen hub ports and multi-fuel bunkering ecosystem,» Sonowal told ET on the sidelines of an event.

The comments came as Moscow unleashed a second missile attack in as many days on the UNESCO-protected Ukrainian city of Odesa on the Black Sea that left 10 dead and more than 40 wounded. Kyiv has long sought authorisation from Washington to use the powerful Army Tactical Missile System, or ATACMS, to hit military installations inside Russia as its troops come under growing pressure.