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Vinayak Chatterjee, The Infravision Foundation, says “Power generation, energy storage and construction companies that are well run are still attractive. People in the cables, insulators, smart meter businesses which supply goods and services to the electricity distribution market are worth careful scrutiny. In the power sector, in the next 5 to 8 years, India is going to see a rising trajectory of increasing power rates. All generating companies, whether in thermal or in renewables are actually going to see a long period of very attractive profitability. So power generation companies certainly would be my priority for today's discussion.” Since there are so many ancillaries of the larger infrastructure story that you track, l Let me start off with power demand because in the last eight months have seen a very, very robust 8% kind of growth. With the kind of GDP figures and PMI figure coming in. do you expect the fiscal year energy demand to show double digit growth? High single digit or double digit growth is well spoken for. Everybody who is tracking the power sector has figured out that some interesting dimensions are happening in the market. One, as you rightly said, the domestic consumption across all sectors is growing very, very favourably. Now added to that is the fact that there has been a conscious slowdown in the addition of fresh thermal capacity in the last few years, with the expectation that renewables would kind of fill the space.

Mahavir Lunawat, Managing Director, Pantomath Capital Advisors, expects domestic manufacturing, energy, healthcare, pharma and technology to be in focus in this Budget. These would help sustain the economic growth in the coming years, he added. In an interview with MintGenie, he also forecasted that the IPO momentum will continue in 2024.

(Reuters) -Ratings agency Moody's (NYSE:MCO) on Tuesday cut its outlook on China's government credit ratings to negative from stable, citing lower medium-term economic growth and risks from a major correction in the country's vast property sector.

Motilal Oswal Financial Services in a report on 1 December. The broking firm prefers two-wheelers within the sector, followed by commercial vehicles (CV). They turned cautious regarding the passenger vehicle (PV) segment amid a slowdown in demand, and a high base effect.

REGINA — The Saskatchewan government says the province’s electrical utility is to remit carbon charges into a nuclear energy investment fund.

Investing.com-- Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after the Reserve Bank kept rates unchanged and offered scant cues on monetary policy. 

Cyclone Michaung LIVE Updates: Eight killed as heavy rain batters Chennai; landfall today In an official notification, the office of the collector and district magistrate, Gajapati wrote, “All the primary, upper primary, high school, and anganwadi centre shall remain closed on 6th December 2023". Meanwhile, the Chief Secretaries of Tamil Nadu, Odisha, and Puducherry, along with the Special Chief Secretary of Revenue and Disaster Management in Andhra Pradesh, briefed the committee on the preparatory measures being implemented.

Facebook and Instagram parent company Meta is being sued by 83 Spanish media outlets over allegations that the social media giant breached EU data protection rules between 2018 and 2023, leading to unfair competition in the advertising market. The newspapers, led by media organisation AMI, claim that Meta's "massive" and "systematic" collection of users' personal data has given the company an 'illegitimately gained competitive advantage' in the design and delivery of personalised ads.

How well an average person does in life is determined largely by an accident of birth. A child born in rural Tamil Nadu is better nourished and educated, on average, than one born in rural Chhattisgarh. There are stark differences in economic outcomes even within states.

Super Bowl halftime performer at 45, marked a significant career achievement during his final My Way Las Vegas residency performance. Celebrating the moment on stage, he got emotionally caught up during the performance of the track «Without You.» Dropping to his knees, covering his face, and surrounded by dancers and collaborators, Usher displayed visible emotion in a fan-recorded video.

Cher has openly acknowledged that she suffered significant financial loss from her chart-topping single «Believe» due to what she described as a «stupid» error. The music icon released the electro-pop hit in 1998, achieving chart-topping success in over 23 countries and selling over 11 million copies. «Believe» not only earned Cher a Grammy but also stands as one of her best-selling records.

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TrendMacro CIO Donald Luskin shares his economic outlook on ‘Mornings with Maria.’

Bitcoin topped US$42,000 as frenzied speculation in cryptocurrencies gathers pace, extending the largest digital token’s rally to more than 150 per cent this year.

Associated Press Music Writer Maria Sherman, in no particular order. Dive in. 'On My Mama', Victoria Monet Buckle up for some positive affirmations! The 10-time Grammy-nominated Victoria Monet, once best known as a hit-maker for Ariana Grande, Fifth Harmony and Chloe x Halle, is getting her flowers these days as a soloist — and passing them right along to the mothers listening.

Indian Railways currently uses electro-mechanical network to manage its signalling systems. The switch from this to solid state electronic route relay devices that control signals is largely expected to be covered in three years. Railways wants to this switch to be introduced on mission mode so that almost the entire network along 8,000 stations have electronic interlocking signals with solid state relays.

TJM Institutional Services director James Iuorio analyzes Q3 earnings and the Fed's ability to control inflation and future rate decisions.

Bank of India is likely to hold the key interest rates in its December monetary policy review and continue with its emphasis on containing inflation, which has shown encouraging trends the past two months. Macroeconomic indicators remain healthy, with GDP growing at 7.6% in Q2, exceeding expectations. With economic growth continuing to be strong, the central bank will focus mainly on inflation, liquidity, and currency management.

Snowden Lane Partners has recruited a former Citigroup veteran as a partner and managing director in its office in Coral Gables, Florida.

₹5499.The device offers vibrant 4K Ultra HD with Dolby Vision, HDR, and HDR10+ support. Customers can immerse themselves in home theater audio with Dolby Atmos on select titles. The Alexa Voice Remote allows easy control and smart home management and can get simple setup with compact design.

NMDC Ltd scaled 52-week highs of ₹186 on Monday having gained almost 3% in the last 2 trading sessions. The gains are being led by record production and sales growth being reported by NMDC NMDC sales at 3.79 million Tonne (MT) during November grew almost 25% year-on-year. It is not only the month of November that saw strong sales growth but also year to date in FY24, NMDC sales at 27.78 mt have grown 23.5% year-on-year.