Country Financial News

New Delhi: State-owned Convergence Energy Services Ltd (CESL) has accrued around 1.4 million tonnes of carbon credits under the Gram Ujala scheme in 2022-23. That’s good for its carbon footprint—just as soon as it finds a buyer. Green energy-focussed CESL is yet to sell the carbon credits, although the sale could even finance the government subsidy provided under the scheme.

NEW DELHI : Italy’s Enel Group is looking to sell its entire renewable energy business in India and has hired HSBC for the transaction, two people aware of the development said. The proposed deal may have an equity value of around $300 million, the people said. The portfolio of Enel Green Power India comprises 760 megawatts (MW) of operational wind and solar power assets and a development pipeline of 2 gigawatts (GW).

Infrastructure Department officials are considering cancelling special allowances given to major cargo operators to fly outside the Sydney Airport curfew after Scott Morrison wrote to Labor demanding it be scrapped.

HAVANA (Reuters) — Cuba wants to tap its fast-growing overseas population for fresh investment to lift its sinking economy, a top foreign ministry official told Reuters this week, as the communist-run nation looks to overcome its worst downturn in decades.

Steve Carell is set to take on the role of the title character in the revival of Anton Chekhov’s “Uncle Vanya.” The production, scheduled to take place at Lincoln Center’s Vivian Beaumont Theater, will commence previews on April 2, 2024, with the official opening night slated for April 24, 2024. Steve Carell, an actor with an Oscar nomination to his credit, has an extensive filmography that includes notable works such as «Anchorman,» «Foxcatcher,» and «Despicable Me.» Recently, he featured in Wes Anderson’s “Asteroid City” and took on the roles of executive producer and lead in FX’s “The Patient,” earning a Screen Actors Guild Award nomination. His television appearances include starring in two seasons of Apple TV+'s “The Morning Show” and his iconic role in NBC’s “The Office.” Upcoming projects for Carell include an appearance in “If,” directed by John Krasinski, his co-star from “The Office.”

Mint during his visit to India earlier this month. “In the past, we have received some genetic materials from other countries in Brazil and we managed to enhance the productivity of those indigenous breeds. Now we are planning to send those genetic materials to India so that they can take advantage of the breed that has higher productivity and increase their net milk and poultry production.

Mint had earlier reported that German officials are interested in expanding cooperation into the health sector. The existing projects include agri-business among women in Malawi to potato production in Cameroon.

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The Beatlemania has gripped the UK once again. It is evident by the fact that after landing their first No. 1 in 60 years with 'Now And Then', the band is on the path of making a rare chart double. Based on sales and streaming data published by the Official Charts Company, Beatles’ greatest hits compilations, 1967-1970, known as 'The Blue Album', and 1962-1966, 'The Red Album', are leading the midweek albums chart.

Ashok Gehlot loyalist Shanti Dhariwal from the Kota North seat in Rajasthan, senior leader Sachin Pilot on Tuesday said he was «absolutely okay» with whatever decision the party has taken as dwelling on the past is not productive. The ticket distribution was by and large «very fair» with the winnability factor adhered to, he said, adding the priority now was to work for ensuring the victory of all candidates selected by the party.

A political group called No Labels is trying to qualify for ballots in all 50 states so that it can field a presidential ticket next year. Its argument: Americans want an option other than President Biden and former President Donald Trump, who has a commanding lead in the GOP primary. Here’s a look at No Labels, its funding and how its presidential effort is going.

One of the world’s biggest exporters of fossil fuels, the United Arab Emirates, is attempting to position itself as a leader in establishing global carbon markets as it prepares to host annual United Nations climate talks this month. Those efforts are coming under scrutiny as a company owned by one of the U.A.E.’s royal families prepares to secure rights to produce carbon credits from a giant expanse of African forest.

Turkey's new rules to regulate the crypto market are likely to focus on licensing and taxation, sector officials say, as the world's fourth-biggest crypto-trading country seeks to get off an international financial crime watchdog's «grey list». Ankara promised the regulations last month amidst a years-long boom in crypto trading, as soaring inflation and a plunging lira currency drives a demand for alternative assets.

Cyprus Confidential is an eight-month collaboration by more than 270 journalists and 69 media organisations in 55 countries, to investigate a huge trove of leaked documents from companies that administer shell companies, in Cyprus and other jurisdictions typically used by companies wanting secrecy.

Canadian group OMERS Infrastructure is steering clear of Australia’s planned renewable energy zones, and says the delays in planning and development are pushing up costs and making investments too risky,

Algerian President Abdelmadjid Tebboune has dismissed the prime minister and replaced him with the head of his cabinet ahead of national elections next year and at a time when economic anxieties are running high

Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers

As Israel unleashes one of the most-intense aerial bombing campaigns the Middle East has ever seen, leaders from the world’s top air forces are meeting in the United Arab Emirates to talk about almost anything that isn’t an airstrike

Efforts to create a landmark treaty to end global plastic pollution are advancing at a meeting where participants are discussing the treaty's draft language for the first time

Nepal’s government has decided to ban the popular social media app TikTok, saying it was disrupting “social harmony” in the country

President Joe Biden wants to show Asia-Pacific leaders that he remains focused on the region even as his administration is grappling with the wars in Ukraine and the Mideast and a looming government shutdown in Washington