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₹6.5 crore for skill enhancement among coal miners, it added. Emphasising on skilled workforce as a key to safe and productive mining operations, Om Prakash Singh, Chairman-cum-Managing Director of MCL stated that regular training and upgradation of skills is required by leveraging cutting-edge technologies to match the advancements and introduction of new technology in mining sector.

New Delhi: India has set an ambitious target to produce 5 million metric tonne of green hydrogen by 2030, with 70% allocated for exports and the remaining 30% for domestic consumption, said Bhupinder Singh Bhalla, Secretary, ministry of new and renewable energy. The announcement was made during a press conference held alongside the International Conference on Green Hydrogen (ICGH-2023) to discuss India’s commitment to the development and deployment of green hydrogen.

Investing.com — The S&P 500 rose Friday as monthly jobless claims missed expectations, stoking hopes that labor market strength may be abating and could persuade the Federal Reserve to lean less hawkish.

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Investing.com — U.S. stocks were rising despite a weaker-than-expected jobs report and renewed fears that the Federal Reserve will continue to raise interest rates.

(Reuters) — Eisai Co (OTC:ESAIY) Ltd and Biogen Inc (NASDAQ:BIIB)'s Leqembi emerged as the first Alzheimer's treatment to win the U.S. Food and Drug Administration's standard approval on Thursday, a milestone in drug development for a disease that has seen multiple failures in the past.

Karnataka chief minister Siddaramaiah on Friday proposed to increase taxes on alcohol and raise the guidance value of properties to fund the Congress party's election promises that have bloated the expenditure bill by about Rs 58,200 crore. The excise duty has been proposed to be increased by 20% on Indian-made liquor.

central bankers' central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks on the new wave of digital national currencies under development. Around 130 countries are now exploring central bank digital currencies (CBDC) to keep up with technological change, but there are worries that the online nature of them could make them a major target for criminals and hostile states.

electrolyser manufacturing capacities of 1,500 MW under the first tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. The SIGHT scheme is a part of India’s National Green Hydrogen Mission launched in January. The Solar Energy Corporation of India, under the Ministry of New and Renewable Energy, is the implementing agency for the scheme. The pre-bid meeting will be held on July 27 and the last date of submission is September 5, as per the bidding documents. With the objective to indigenously developed electrolyser technologies, bids are invited in two separate buckets. The capacity offered under the tranche for electrolyser manufacturing capacity based on any stack technology is 1,200 MW, while the rest is for indigenously developed stack technology.

government procurement to come from recycled materials as part of an action plan to boost textile waste value chain and make India a global hub for circular textiles. It plans to introduce Indian standards and certification on recycling and establish textile recycling clusters, officials said.

NEW DELHI : Amid skyrocketing prices of Kharif pulses, the Union government will supply chana dal (gram) to states for purposes other than welfare schemes, and to about 705 retail outlets of the National Agricultural Cooperative Marketing Federation of India (Nafed), National Cooperative Consumers Federation of India (NCCF), Kendriya Bhandar and Safal. This comes after the Centre approved a proposed mechanism for converting 20% chana stock into chana dal for retail sale by the department of consumer affairs.

NEW DELHI : Indian Oil Corp. Ltd (IOCL) plans to raise ₹22,000 crore via a rights issue. The board of the public sector oil marketing company (OMC) has approved the capital raising, the fuel retailer said in a regulatory filing on Friday The board approved “raising of capital by way of the issue of equity shares on rights basis up to an amount not exceeding ₹22,000 crore, subject to necessary statutory approvals", it said, adding that details such as the issue opening and closing dates and issue price would be made available later.

PharmEasy is slated to be among the first large tech startups to have a 90% markdown in its valuations in its latest fundraising round. The pandemic, with its surge in tech usage, became the wind under the wings of the tech startups, but as the pandemic abated, the wind, too, died down, leading to a few crashes or near-crashes. While the valuations of PharmEasy will collapse from its peak of $5.6 billion two years ago to $500-600 million in its upcoming rights issue, other health tech startups such as Phablecare, Mojocare and Glamyo Health are also facing bleak futures — riddled by funding crunch, disgruntled employees or allegations of fraud and misrepresentation of financials.

Regulatory uncertainty in the US is driving digital assets platform Bakkt to expand internationally to Hong Kong, the United Kingdom, and the European Union, CEO Gavin Michael noted.

State-owned Food Corporation of India (FCI) will sell 4.29 lakh tonnes of wheat and 3.95 lakh tonnes of rice from the buffer stock to bulk consumers in the third round of e-auction to be held on July 12.The government is offloading wheat and rice from the FCI stock under the Open Market Sale Scheme (OMSS) to bulk consumers to improve the domestic supply and control the retail price of rice, wheat and atta.

Maritime nations have been finalizing a plan Thursday to slash emissions from the shipping industry to net zero by close to 2050 but experts warn the deal falls well short of what’s needed to prevent climate catastrophe

Twitter has threatened legal action against Meta over its new text-based app called Threads

U.S. officials have granted full approval to a closely watched Alzheimer’s drug for patients with early stages of the disease

U.S. job openings slipped in May but remained at levels high enough to show the American labor market remains resilient in the face of sharply higher interest rates

Indian Oil Corp plans to raise up to Rs 22,000 crore through a rights issue as part of the government’s plan to fund three state-run oil marketing companies’ green ambitions, according to a stock exchange filing. The Board of Indian Oil on Friday approved the rights issue. The details will be announced later.

Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders bet on Friday, even as they priced in a slightly lower chance of any further increase after a government report showed hiring slowed more than expected in June. Traders now see about a 20% chance of a rate hike in September and a 40% chance of one by November, after what is nearly universally expected to be a quarter-point increase at the U.S.