Mumbai: Overseas investors bought Indian equities worth more than ₹9,000 crore in November, reversing two consecutive exit runs in the previous two months, as a decline in energy prices and stable US yields burnished the allure of risk assets in Emerging Markets. Experts believe the trend will continue as India’s economic growth is likely to … Read more
United Arab Emirates Minister of Industry and Advanced Technology and CEO of ADNOC Sultan Al Jaber. | Photo Credit: REUTERS COP28 President-designate Dr. Sultan Al Jaber on November 12 praised India, the current hosts of the Presidency of the G20, for its energy transition vision even as he acknowledged the critical need for a “new … Read more
Michael Anastassiades | Photo Credit: special arrangement When Michael Anastassiades visited India last December, to be part of a panel with Studio Mumbai’s Bijoy Jain at the AD Design Show 2022, he had said, “People feel very insecure in the absence of light.” So, when I got a chance to speak with him, we discussed … Read more
(From left to right) D V Giri, Secretary General, IWTMA; Rajesh Lakhoni, IAS, CMD, Tangedco; H.E. Freddy Svane, Danish Ambassador to India; Hansraj Verma, IAS, Chairman and Managing Director of Tamilnadu Industrial Investment Corporation; Dinesh Jagdale, Joint Secretary, Ministry of New and Renewable Energy; SP Murali, General Manager, Sales and Marketing, ZF Winfpower Tamil Nadu is … Read more
The long dry spell stretching over three weeks in different parts of the State has forced farmers to draw groundwater, wherever possible. | Photo Credit: NAGARA GOPAL With nearly 66% average rainfall deficit recorded in August in Telangana, both demand for power on the transmission system and energy consumption have shot up to unprecedented levels … Read more
Mumbai: Power stocks were among the top gainers on Tuesday, riding the bullish momentum in the past month, as investors bet that the government’s increased thrust on manufacturing would boost the demand for energy. The BSE Power Index, which gained 10% in the last month, rose 1.5% on Tuesday. Analysts believe the favourable government policies … Read more
The Dow Jones Industrial Average led Wall Street higher on Monday and notched its longest winning streak in six years as investors bet on sectors beyond technology in a week filled with earnings reports and a Federal Reserve meeting. “What you’re seeing now is people broadening the breadth of the market,” said Randy Frederick, managing … Read more
Energy Minister Peddireddi Ramachandra Reddy | Photo Credit: File photo A delegation of power sector employees met Andhra Pradesh Energy Minister Peddireddi Ramachandra Reddy and his civil supplies counterpart Karumuri Nageswara Rao at the Secretariat on June 21 (Wednesday) and conveyed their demands pertaining to salaries and other benefits. The employees stressed the need for … Read more
Bengaluru: Researchers at IISc’s department of instrumentation and applied physics (IAP) have designed a novel ultra-micro supercapacitor, a tiny device capable of storing an enormous amount of electric charge. According to the institute, the new device is much smaller and more compact than existing supercapacitors and can potentially be used in many devices ranging from … Read more
An aerial view shows a shepherd walk past photovoltaic cell solar panels in the Pavagada Solar Park on October 11, 2021 in Kyataganacharulu village, Karnataka. | Photo Credit: GETTY IMAGES A parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India’s renewable energy … Read more