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Pralhad Joshi has proposed formation of a task force in consultation with the Ministry of Power to push efforts to meet India's ambitious target of having 500 GW renewable energy capacity by 2030. The minister for new and renewable energy has also urged industry players and stakeholders to devise strategies which would help the country meet the target in a time-bound manner. Speaking at an event in Bhubaneswar, the minister proposed the formation of a task force, in consultation with the Ministry of Power, to align the efforts of all stakeholders towards meeting the 500 GW target, the ministry for new and renewable energy (MNRE) said in a statement on Thursday. India has already achieved 212 GW of energy from non-fossil fuel sources and is on track to exceed the 2030 target, he said.

Jake Paul and 58-year-old former heavyweight champion Mike Tyson was initally delayed from the original plan for July, but now is just around the corner. The delay was caused by Tyson having a medical episode on a plane and needing time to recover from a stomach ulcer. Read More: Will Mike Tyson and Jake Paul fight it out for real? Here's the truth behind the upcoming duel

BJP leader Devendra Fadnavis is on a whirlwind campaign, addressing almost five rallies a day, in the run-up to the Maharashtra polls. Excerpts from an interview with ET’s Krishna Kumar & Jatin Takkar: On BJP’s narrative change after the LS polls: During the Lok Sabha polls, the opposition played up the narrative that reservations will go away, which pushed Dalits away. Secondly, adivasis were polarised against us. After the elections, we went to the people and even they realised that reservation will not go away. The entire fake narrative has been wiped out. Also, there was ‘vote Jihad’ against us as in several constituencies. Now, even if it happens, the impact would be limited. MVA has not realised that due to this voting pattern (of Muslims), there is a subtle feeling among people that if such things happen, then it is not good and pressure groups could be created. The Congress accepting their demands of the Ulema, especially the one where they have agreed to release rioters from 2012 to 2024, is dangerous and will backfire on them.

Quick commerce startup Zepto is set to raise $300 million from domestic investors, double of the earlier panned amount, according to people in the know. Top India family offices and ultra-HNIs will be a part of the financing, multiple sources said. The latest funding will come on the back of the company having raised $1 billion over the past few months amid an intensifying quick commerce battle with rivals Zomato’s Blinkit and recently listed Swiggy’s Instamart. Post this round, Indian shareholding in Zepto will go to around 35% including the stakes held by the company founders–Aadit Palicha and Kaivalya Vohra. Both the founders have been granted an additional 1% stock based on meeting performance goals, people who know told ET. Celebrities like Bollywood star Amitabh Bachchan and former cricketer Sachin Tendulkar will also be joining the round underscoring the bullishness around the sector. Family offices of Ravi Jaipuria of RJ Corp, Harsh Goenka of RPG group are also in talks to join the round along with the Motilal Oswal group which has increased its investment cheque of $40 million cheque to over $60 million in the round.

Ajit Pawar has publically spoken against this slogan while his compatriot Devendr Fadnavis has defended it. In an interview with ANI, Fadnavis said that it will take time for Ajit Pawar to understand the public's mood as had stayed with anti-Hindu idealogies for a long time. «For decades, Ajit Pawar has stayed with such ideologies which are secular and anti-Hindu. There is no real secularism amongst those who call themselves as secularists. He has stayed with people for whom opposing Hindutva is secularism. There is no real secularism among those who call themselves secular,» Fadnavis said speaking to ANI.

Department of Government Efficiency (DOGE), created under President-elect Donald Trump's direction and led by Elon Musk and Vivek Ramaswamy, launched a recruitment initiative on Thursday for those interested in joining the effort to reform US government operations. In a post on X (formerly Twitter), DOGE invited applicants to submit their resumes through direct messages on the social media platforms. However, candidates are required to have verification status on X, which comes with a minimum £8 monthly premium subscription. In addition, the department is looking for high IQ individuals who are willing to work over 80 hours a week. «We are grateful to the thousands of Americans who have shown interest in helping us at DOGE,» the post read. «We don’t need part-time idea generators; we need super high-IQ, small-government revolutionaries ready to work 80+ hours a week on unglamorous cost-cutting,» DOGE wrote on the hiring post.

Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad

Dehradun on Monday. The victims were returning from a party when their vehicle, a multi-utility vehicle (MUV), collided with a container truck. The accident occurred near the ONGC intersection. The MUV was traveling at high speed and hit the left rear side of the truck. Police Inspector KC Bhatt stated that early findings suggest the truck driver was not at fault. “Since the MUV’s driver, who owned the vehicle, did not survive, we are looking into legal alternatives as no charges can be filed posthumously,” said Bhatt. The impact of the crash was severe, killing five of the passengers instantly. The sixth passenger died later in the hospital. The deceased have been identified as Guneet Singh, Kamakshi Singhal, Navya Goyal, Rishabh Jain and Atul Agrawal, all residents of Dehradun, and Kunal Kukreja from Chamba, Himachal Pradesh. The sole survivor, Siddhesh Agrawal, is currently hospitalized.

Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader, said only that he is committed to serving out his term as chair. «I'll certainly serve to the end… of my chair term,» Powell said. «And that's really all I've decided, and all I'm thinking about.»

According to a research report by Jefferies, the combined market share of the two top automobile manufacturers--Maruti Suzuki and Hyundai--has slipped to a 12-year low in the first half of fiscal year 2025 (1HFY25). This shift highlights a dynamic change in consumer preferences and competitive positioning within the PV sector.

Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside China amid global geopolitical uncertainty, Chairman Yang Yuanqing said. Lenovo, the world's largest PC maker, has most of its plants in China, a common situation in the electronics industry that creates potential vulnerability as US President-elect Donald Trump threatens to impose 60% tariffs on Chinese imports. Yang told Reuters that while it's too early to predict the new US administration's policies, Lenovo has an advantage over competitors in hedging such risks through its more diversified manufacturing base and sourcing strategy, as well as balanced regional revenue streams.

Donald Trump has said his administration will focus on ending the Russia-Ukraine war, as he lamented the killing of people in the conflict. He also said his administration will also work on bringing peace to West Asia. «We're going to work on the Middle East, and we're going to work very hard on Russia and Ukraine. It's got to stop,» Trump said during a gala for the America First Policy Institute held at his Mar-a-Lago estate on Thursday. This was his first major speech and public appearance after his stunning electoral victory in the November 5 presidential elections.

The company initially raised 5-6% equity in private placements, setting a valuation benchmark that strengthened its IPO appeal.

HDB Financial Services heads for its initial public offering (IPO), shares of the nonbank lender owned by the country’s most-valued bank in the unlisted market have seen a sharp rise — up to ₹1,200 apiece. After the IPO plan was announced, the shares rose to a high of ₹1,400 apiece before settling at ₹1,200. However, brokers in the unlisted market say the euphoria is not justified as they expect the IPO to be priced around ₹750-₹800.

CLSA said Reliance Industries’ shares offer an “attractive entry point” at the current levels. Retaining its ‘Outperform’ rating with a price target of ₹1,650, implying a 30% upside. The firm said the start of new energy projects is a potential catalyst for the stock. RIL shares were up 1.2% at ₹1,266.9 on Thursday. “Reliance Industries stock has cooled off from its all-time highs as a delay in the possible IPOs of Jio and/or Retail led to reduced excitement towards the stock. Slowing growth in the retail business has been another negative,” said CLSA’s analysts in a client note.

Rising electricity demand and ambitious targets for renewable energy capacity expansion, over the next few years led to fund managers buying stocks like NHPC, KEI, Inox Wind Energy and IEX. With government spending likely to resume in the second-half of the fi nancial year, some fund managers bought into cement stocks like Ramco Cement and Ambuja Cement.

Vivek Ramaswamy has now been handed over the responsibility of cutting government expenses alongside Elon Musk in an all-new department known as 'DOGE-Department of Government Efficiency'. And the first thing that Ramaswamy and Musk are reportedly planning on doing is closing down the FBI that could cut off a majority of unchecked government expenses. He is also thinking of sacking nearly 1.5 million federal employees under his 'shut things down' strategy, which is already raising fear in the hearts and minds of federal workers across the country, according to a previous ET report. Ramaswamy will now have the power to shape the priorities of the new department and it will operate outside of government and provide recommendations to the White House on huge chunks of expenses from the multi-trillion dollar federal budget. This Department of Government Efficiency or DOGE was actually the brainchild of Elon Musk, the billionaire who has become one of Trump’s closest aides throughout the Presidential campaign, and has been constantly rooting for the idea of a cost-cutting commission on the campaign trail.

audio products brand Boat has finalised ICICI Securities, Goldman Sachs and Nomura as bankers for a $300-500 million IPO next year, sources aware of the matter said, joining the queue of new-age firms looking to go public. New Delhi-based Boat may aim for a valuation of over $1.5 billion, sources said, adding these numbers may change closer to the IPO filing. It’s targeting a public offer in next financial year. Boat had filed draft papers for a public offering in 2022 but halted those plans citing market conditions and raised $60 million in private capital through convertible preferred stocks notes from existing investor Warburg Pincus and new investor Malabar Investments at a minimum valuation cap of around $1.2 billion. “ICICI Securities is the lead banker for the issue and they are looking to file for next financial year,” one of the persons said. “In total they have finalised four bankers.”