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battery energy storage systems in the country, offering up to 40% of the capital cost of the project. The government has set aside Rs3,760 crore from this year's budget for the scheme aimed at creating 4,000 megawatt hours (MWh) battery energy storage systems (BESS) by 2030-31. «India has planned to have 50% of its total energy share from non-fossil fuels by 2030.

₹784 crore in FY22, up from ₹199 crore in FY21. Its revenue rose from ₹86 lakh to ₹373 crore in the period. The company has not filed its FY23 financial statement yet, but a Reuters report on 28 July said Ola Electric has registered an operating loss of $136 million on a revenue of $335 million.

Guinness World Record during the massive plantation drive this month. Government of Assam, through the launch of Assam Green Mission, has set out a goal of increasing green cover of the state by 2% from 36% to 38% over a span of Five years. Assam's mega plantation drive, "Amrit Brikshya Andolan, 2023" involving plantation of Over one Crore seedlings of 53 number of commercially valuable species. to be planted across the State in one day on 17th September, 2023, in a Jan Bhagidaari model, will attempt to create multiple records. Assam chief minister Himanta Biswa Sarma said that around 1.46 crore seedlings of 53 commercially valuable species have been mobilized of which 1.17 crore seedlings have been mobilized via competitive bidding.

Narendra Modi over not sharing its agenda for the upcoming special Parliament Session beginning September 18-22, Union Parliamentary Affairs Minister Pralhad Joshi' said that the Opposition is unnecessarily politicising the issue, adding that it will inform the public what is going to happen during the session. The Centre has called for a special session of Parliament for five days between September 18 and 22.

NEW DELHI : Taxation of share premium in unlisted businesses, an anti-evasion provision introduced in the tax law more than a decade ago to tackle corruption, has over the years become a key concern for startups, with the industry waiting to see how its expanded scope will be implemented on the ground. The finance ministry is set to come out with the final version of the five extra valuation methods for foreign investors in about a fortnight to ensure the worth of unlisted companies is accurately assessed for tax purposes after public consultation of the draft rules in May.

Manipur after hundreds of people defied curfew and started marching towards the barricades placed by the security forces in Manipur's Bishnupur district in a protest march called by the Coordinating Committee on Manipur Integrity (Cocomi). Police had to fire tear gas shells and rubber bullets to quell the protesters.

Interest rates are likely to come down next year, Royal Bank of Canada chief executive Dave McKay said, allowing for the lender’s customers to avoid major pain when the majority of its mortgage book reprices in 2025 and 2026.

Rising home prices have sent property values soaring over the past five years, and for some lucky buyers who snapped up homes in 2018, that’s amounted to hundreds of thousands of dollars in extra equity.

OTTAWA — The Bank of Canada was persuaded to hold its key interest rate steady on Wednesday as signs of a faltering economy emerge, but with inflation still above target, the central bank is walking a tight line to avoid fuelling speculation of rate cuts.

The Bank of Canada held its benchmark interest rate at five per cent on Sept. 6, with one economist predicting the bank’s next move could be a cut based on deteriorating economic data, though policymakers warned they could hike again.

The Bank of Canada held interest rates steady and kept the door open to further hikes, with economists seeing its historic tightening cycle at its likely end point.

technology companies this year. Chief executive Daniel Ek has said he wants Spotify to be the world’s largest audio company, spanning audiobooks, education, sports and news. Podcasts are only the first step toward Spotify’s goal of evolving from a music-streaming company to an audio giant, generating $100 billion in revenue by 2030.

Princeton University takes top honors in our new ranking of the best colleges in the U.S. What makes a college like Princeton great? There are the facilities and the faculties, the coursework and the camaraderie, the skills and experiences and knowledge that prepare students for their lives and their careers. No doubt these are important.

Following its inclusion in the S&P 500 index, Blackstone Group (NYSE:BX) experienced a notable 4% surge. This momentum has not waned, as the stock has continued to climb, shifting from its previous range around $104 to a robust $108.

Pakistani authorities closed a key border crossing with landlocked Afghanistan on Wednesday shortly after border guards from the two sides exchanged fire, officials and residents said, in a sign of increasing tensions between the two neighbors. Reasons why the two sides exchanged fire were not immediately made clear, said Nasrullah Khan, an official in Torkham, a town in Pakistan's Khyber Pakhtunkhwa province. He said Pakistani government and military officials were in contact with their Afghan counterparts to defuse tensions. Abdul Mateen Qani, the Afghan Taliban-appointed spokesman for the Interior Ministry, confirmed the clash between Afghan and Pakistani forces. He said officials from both sides were attempting to find out what caused the clash and ways to prevent such incidents in the future. Pakistani authorities said dozens of trucks carrying perishable items, including vegetables and fruits, were waiting on both sides of the border for the reopening of the Torkham crossing, which is a vital commercial artery and trade route to Central Asian countries for Pakistan. The border closure comes two days after caretaker Pakistani Prime Minister Anwaar-ul-Haq Kakar said U.S.

Bank of England governor Andrew Bailey hinted on Wednesday that the central bank was close to ending a prolonged policy of raising interest rates, easing worries about a cost-of-living crisis. «I think we are much nearer now to the top of the cycle,» Bailey told a panel of cross-party lawmakers gathered to question the BoE chief on the state of the UK economy with UK inflation the highest among G7 nations. «And I'm not therefore saying we're at the top of the cycle because we've got a meeting to come but I think we are much nearer to it,» he added. The pound dropped against the dollar and euro on the comments as traders bet that the BoE may already decide to pause hiking rates at a regular monetary policy meeting later this month. UK annual inflation stands at 6.8 percent, above the five percent Prime Minister Rishi Sunak is aiming to reach by the end of the year. Sunak at the start of 2023 said he hoped to halve UK inflation when the level stood above 10 percent. Bailey on Wednesday added that «the fall in inflation will continue». «I think it (the fall) will be quite marked by the end of this year.» Global inflation soared after Russia's invasion of Ukraine sent energy and food prices rocketing. Inflation has been fuelled over the past 18 months also owing to supply constraints as the world emerged from pandemic lockdowns. Surging inflation resulted in the BoE hiking its key interest rate for a 14th time in a row last month to 5.25 percent, a 15-year high. The central bank is tasked by the UK government with keeping annual inflation at around two percent. A leading think-tank on Wednesday said working-age households in Britain were experiencing the worst growth in living standards since at least the 1950s. Typical,

India as Bharat, after G20 Summit invites to international leaders from President Droupadi Murmu, termed the latter as President of Bharat, instead of the usual President of India, reports have emerged recalling that the same BJP that is embracing the BHARAT term in 2023, has walked out of the Uttar Pradesh state Assembly in 2004 over a resolution passed by Mulayam Singh Yadav to rename India as Bharat. In 2004, the Samajwadi Party (SP) chief Mulayam Singh Yadav led Uttar Pradesh cabinet had passed a resolution that the Constitution must be amended to say ‘Bharat, that is India’, instead of ‘India, that is Bharat’.

The Securities and Exchange Commission is poised to impose new fees on brokers to help pay for an expansive market-surveillance system. 

Responsible Jewellery Council (RJC). Founded in 2005 and now with members globally in 71 countries, the RJC is the world’s leading standard-setting organisation for the jewellery and watch industry. Its Code of Practices (COP) is the global standard for the responsible jewellery and watch industry, focusing on business ethics and responsible supply chains covering all the primary minerals and metals used in the manufacture of jewellery -gold, silver, platinum group metals, diamonds and coloured gemstones. Mr.

(Reuters) — Mexican telecommunications giant America Movil (NYSE:AMX) is looking to increase the percentage of its debt held in pesos, Chief Financial Officer Carlos Garcia Moreno said on Wednesday.

Delhi High Court has set aside a trial court order and remanded the matter back to it for passing an order on charge afresh. The high court said the Indian legal system is founded on the principle of gender neutrality where each individual, regardless of their gender, is held accountable for their actions in accordance with law. The high court made the observations while holding that the trial court committed a «grave error» by discharging female accused on the presumption that when the male accused were already beating the complainant there could have been no occasion for them to instigate the men or join them in beating the alleged victim. «This court is constrained to note that such differentiation was created by the trial court between the 'male accused persons' and the 'female accused persons'.