NEWS
PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations
22 Feb 2024
The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds
SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh
22 Feb 2024
State-owned SJVN Ltd’s 1,500 MW solar-wind hybrid power project received bids as low as Rs3.43 per kWh as the reverse auction concluded on Tuesday.
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NTPC Green Energy to set up green hydrogen hub near Vizag
22 Feb 2024
NTPC Green Energy Ltd (NGEL) on Tuesday signed a land lease agreement with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for setting up an intergrated facility for the production of green hydrogen.
Japan commits $1.548 bn in ODA loan for nine Indian projects
21 Feb 2024
The Japanese government has extended 232.21 billion ($1.548 billion) in long-term loans to India, under its Official Development Assistance programme, for nine projects in various sectors.
China’s COMAC challenges Boeing, Airbus with its C919 passenger aircraft
21 Feb 2024
Commercial Aircraft Corporation of China (COMAC) is actively participating in the ongoing Singapore Airshow 2024, with its C919 passenger aircraft and the smaller ARJ21 regional jets
Akasa Air to start international operations by March-end
20 Feb 2024
Akasa Air, has announced plans to start flight services to overseas destinations by the end of March 2024, to become the first Indian airline to start international services within 19 months of commencing operations.
Novartis announces strategic review of its India business
19 Feb 2024
Swiss pharma multinational Novartis AG has started a strategic review of its Indian arm, possibly with the intent of selling it off.
Japanese economy shrinks to fourth spot, slipping behind Germany
16 Feb 2024
Japan’s economy unexpectedly fell from its ranking as the world’s third largest economy, slipping behind Germany to rank as the fourth largest following a recession that stared in the second quarter of 2023
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India’s wholesale price inflation seen lower at 0.27% in January
15 Feb 2024
The annual rate of inflation based on the Wholesale Price Index (WPI) stood lower at 0.27 per cent in January 2024, against the 0.73 per cent inflation recorded in December 2023
India’s April-January trade deficit down 8.7% at $207.2 billion
15 Feb 2024
India’s overall merchandise trade deficit stood at $207.2 billion in the April-January 2023-24 period against $229.37 billion in April-January 2022-23
India, UAE cement ties with 10 new pacts for collaboration
14 Feb 2024
India and the United Arab Emirates (UAE) have signed 10 new agreements for bilateral collaboration in various fields, including key sectors like energy, infrastructure, investments, and management of archives, in a bid to further strengthen their bilateral relationship.
Tata slashes EV prices by up to Rs1.2 lakh as batteries become cheaper
14 Feb 2024
Tata Passenger Electric Mobility Ltd (TPEM), the electric vehicle arm of Tata Motors, has announced a major reduction in prices across its popular EV models, including the Nexon.ev and the Tiago.ev, passing on the benefit of a reduction in battery prices.
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