India’s energy market is amongst the sunrise sectors of the economy and has been a point of attention for global investors and players. The India Energy Week 2024, a global event converges policymakers, industry leaders amongst other thought-leaders to drive discussions on energy security, sustainability, and innovation. The second edition, taking place in Goa, under […]
During the first fortnight of January 2024 the gap between credit and deposit growth stood at 7.09 per cent. The gap has increased versus the number it was as on the last fortnight of September 2023 Notwithstanding a growing loan book, improving net interest income and margins, and superior asset quality, domestic banks are facing […]
The interim budget to be presented on February 1 will likely set the direction and give a clear message about the Narendra Modi government’s pro-poor policies with fiscal prudence to make India a developed nation. However, the government is under no pressure at this juncture to announce any big-bang sops. More so, after the ruling […]
Much to the sector’s disappointment, ambiguities over US Fed’s rate cut timing have been a spoiler. But light appears at the end of the tunnel The US Federal Reserve’s timing of interest rate cuts back and forth has been a big spoiler for businesses across the globe, and more so for the Indian IT industry. […]
‘Steel is the fabric of the modern world, holding it all together’ India’s steel sector recently surpassed Japan to become the second largest globally, demonstrating its rapidly growing clout as a manufacturing powerhouse. The steel sector, which is pivotal for numerous sectors such as construction, infrastructure, automobile, engineering, and defence, is a backbone for India’s […]
Developing countries like India face the double-challenge of simultaneously investing in development and in climate mitigation and adaptation. Globally, the scale of this challenge is staggering as close to 900 million people in the world don’t have access to electricity, and more than four billion people (half of the world population) don’t have a social […]
After a lull of 2-3 years following the pandemic, Indian economy turned around a corner in 2023, having laid the foundation in the previous years. The fastest growing major economy ends with several tailwinds as it steps into 2024 to accomplish new feats As we step into 2024, the new year, 2023 stands as a truly […]
With over 1.4 billion people to serve, the cake remains big for all the players, be it coal-based power plants, renewables and power sector finance companies India’s appetite for power consumption is only growing which is a brilliant news for the sector and for the health of its balance sheets. The development is not surprising […]
It will be taken up sooner than later, even though the government’s legislative business agenda for the Winter Session of Parliament from December 4 did not include the proposed amendments to the Special Economic Zone (SEZ) Act, 2005, to remodel the SEZs into ‘Exports and Make for India’ hubs from its current focus of only […]
The Conference of the Parties or the COP28 began on November 30 amidst many controversies and debates in the oil-rich nation of the United Arab Emirates. Dubai hosts the largest annual climate action summit till December 12, which is expected to witness over 70,000 delegates from across the globe with a single mission of fast […]