-
Nov 24, 2024 | 
thehindubusinessline.com | M. Ramesh
The COP29 meeting at Baku, Azerbaijan, has ended with an agreement of sorts that speaks of a new climate finance target of $ 300 billion a year to fund climate action projects in the developing countries, to be met by 2035. The target triples the earlier target of $ 100 billion a year, but is less than a quarter of the developing countries’ demand for $ 1.3 billion.
-
Nov 19, 2024 | 
thehindubusinessline.com | M. Ramesh
Dr Suman Bery, Vice Chairman of Niti Aayog, which is the government of India’s think tank, on Tuesday hinted at the possibility of nuclear energy being brought under the Ministry of Power. Delivering the 11th G Ramachandran Memorial Lecture, Bery noted that to meet its emission reduction and net-zero goals, India would need a stable base load supply of green energy. While some of it could come from batteries, “we are going to need nuclear power”.
-
Nov 13, 2024 | 
thehindubusinessline.com | M. Ramesh
While the US remains the biggest buyer of Indian engineering goods, the UAE (with which India has a Free Trade Agreement), Saudi Arabia, Mexico and Turkeyhave turned out to be big customers, data released by the Engineering Export Promotion Council (EEPC) show.
-
Nov 13, 2024 | 
flipboard.com | M. Ramesh
1 day agoBella Hadid you will always be famous! The Palestinian-Dutch model and over all it girl is our number one trend-setter, rocking everything from the office siren trend to the so-called 'weird girl aesthetic': bringing some of the wildest internet trends off of our FYP and into real life. She's like a …
-
Oct 18, 2024 | 
thehindubusinessline.com | M. Ramesh
By signing an MoU with Clean Core Thorium Energy (CCTE), a US company set up by an Indian, which has developed a new, thorium-based fuel for nuclear energy, L&T has indicated its desire to step up its play in the unfolding nuclear renaissance, particularly in the area of small modular reactors (SMRs).
-
Sep 22, 2024 | 
thehindubusinessline.com | M. Ramesh
The GST Council is discussing is seriously discussing rationalisation, going through GST rates “item by item”, the Union Finance Minister, Nirmala Sitharaman, said in an interaction with the journalists of The Hindu group of publications, on Saturday. Discussions have been going on in the GST Council on questions such as whether there should be four rates (5, 12, 18 and 28 per cent) and which items should attract what rate.
-
Jul 15, 2024 | 
thehindubusinessline.com | M. Ramesh
Japanese company, Shibaura Machine India, has inaugurated its second manufacturing unit at Chembarambakkam, near Chennai. The company is a manufacturer of injection moulding machines that are used by companies that manufacture auto components, electrical and household furniture, packaging and medical equipment. Shibaura has invested Rs 275 crore in the expansion, including Rs 50 crore for land. The expansion project (Unit-2) began in November 2022.
-
May 21, 2024 | 
thehindubusinessline.com | M. Ramesh
With a sharp turnaround in its net profit for the fourth quarter, which increased from a net loss of ₹111.9 crore in Q4 2022-23 to net profit of ₹78 crore in the quarter under review, Chennai-based water multinational, VA Tech Wabag, has reported a zoom in its full year net profit—which increased from ₹17 crore to ₹330 crore. In the fourth quarter of 2022-23, there was an “exceptional item” of ₹243 crore (₹289 crore for full year), which depressed profits.
-
Mar 19, 2024 | 
thehindubusinessline.com | M. Ramesh
Even if India is rising economically and China is declining, it will take India about 25 years to catch up with China, says Vijay Keshav Gokhale, a former Secretary of the Ministry for External Affairs. Nor will India be able to sever economic ties with China, he said, speaking at an event organised here by the NGO, United Way of Chennai, on Monday.
-
Feb 27, 2024 | 
thehindubusinessline.com | M. Ramesh
India’s exports to Russia in the April-December period of 2023 was $ 3.1 billion. This may not look like a big number, but the perspective changes when you see that the exports were up 41 per cent over the corresponding period of the previous year. The jump is attributed to the new mechanism of trade settlement in rupees. Going by this experience, it is tempting to think that India’s efforts towards internationalizing the rupee will prove to be substantially beneficial.
