Renewable energy sector in India gets $70 billion investment in 7 years
NEW DELHI: India’s Power Minister R K Singh has said that as much as USD 70 billion (about Rs 5.2 lakh crore) has been invested in renewable energy across the country in the past seven years. This assumes significance in view of India’s ambitious target of having 175 gigawatts (GW) of renewable energy by 2022. […]
Forex reserves decline $4 billion to $603.93 billion on slide in gold assets
NEW DELHI: Sliding from a lifetime high, India’s forex reserves declined by USD 4.148 billion to reach USD 603.933 billion for the week ended June 18 due to a fall in gold and currency assets, RBI data showed on Friday. The forex kitty had surged by USD 3.074 billion to a record high of USD […]
ED raids Anil Deshmukh; Sharad Pawar, Maharashtra Vikas Aghadi slam BJP, Modi government
NAGPUR/ MUMBAI: For the second time in two months, former Maharashtra Home Minister Anil Deshmukh has come under the scanner, this time of the Enforcement Directorate (ED), which raided three locations, including his residences in Nagpur and Mumbai, and two others belonging to his two associates in connection with an alleged corruption case filed against […]
Schneider set to infuse Rs 350-400 crore in Luminous Power Technologies
NEW DELHI: Schneider Electric, the leader in digital transformation of energy and automation today announced plans to infuse Rs 350 crore to Rs 400 crore in its Indian subsidiary Luminous Power Technologies, a leader in power backup, home electrical, and a top player in residential solar technology in India. The investments will be used to […]
Thousands of Indian youth face deportation in US, seek White House’s help
WASHINGTON: A group of Indian youngsters from across America, facing imminent prospects of deportation, has met senior Biden administration officials at the White House and influential lawmakers, appealing them to “let us stay in the US”. There are 200,000 such young Americans, who have spent their entire childhood and teenage in the US, who are […]
China launches first bullet train in Tibet, close to Indian border
BEIJING: China on Friday operationalised its first fully electrified bullet train in the remote Himalayan region of Tibet, connecting the provincial capital Lhasa and Nyingchi, a strategically located Tibetan border town close to Arunachal Pradesh. The 435.5-km Lhasa-Nyingchi section of the Sichuan-Tibet Railway has been inaugurated ahead of the centenary celebrations of the ruling Communist […]
JioPhone Next, co-developed with Google, to be most affordable smartphone globally: Mukesh Ambani
NEW DELHI: Reliance Industries Chairman Mukesh Ambani on Thursday said Jio and Google have jointly developed Made for India ‘JioPhone Next’, a power-packed and affordable smartphone that will be available from September 10. Ambani promised that JioPhone Next will be the most-affordable smartphone, not just in India but globally, although the pricing was not disclosed. […]