India ranks third globally for total renewable additions in 2021, States Report

India ranks third globally for total renewable additions in 2021, States Report

Despite the promise of a worldwide green recovery in the wake of the Covid-19 pandemic, this historic opportunity has been lost a report has said, but India ranked third globally for total renewable power capacity additions with 15.4 GW in 2021,...

5G Spectrum Auctions to Settle by July-End, Services May Start by Sept: Govt

5G Spectrum Auctions to Settle by July-End, Services May Start by Sept: Govt

India's biggest spectrum auction, which will pave the way for high-speed 5G services, is likely to conclude by July-end and the rollout is expected by September this year, union Telecom and IT Minister Ashwini Vaishnaw said on Wednesday....

India's exports expand 24 percent in May but trade deficit widens sharply

India's exports expand 24 percent in May but trade deficit widens sharply

India’s total exports, including goods and services, in May grew 24% over a year ago to $62.21 billion, but the trade deficit also rose sharply to $15.44 billion in the month when compared to a $1.38 billion trade surplus in the same month...

GE Arm Buys 49% Stake in Continuum's Morjar Project

GE Arm Buys 49% Stake in Continuum's Morjar Project

GE Energy Financial Services, an arm of GE, has acquired 49% stake in Continuum Green Energy's 148.5 megawatt Morjar onshore wind project in Gujarat for an undisclosed sum.The deal size is estimated to be around $30 million, officials aware of...

Wholesale inflation bucks retail trend, rises to 15.88 percent

Wholesale inflation bucks retail trend, rises to 15.88 percent

India’s wholesale inflation has risen 15.88% in May, staying in double digits for 14 consecutive months as the cost of food, fuel and primary goods increased. The Wholesale Price Index (WPI) in May was higher than 15.1% recorded in April,...

Key Factors to Consider Before Going for Business Partnerships

Key Factors to Consider Before Going for Business Partnerships

There are numerous advantages of forming business partnerships, as it enables a person with an opportunity to combine his/her resources as well as the skillsets he/she doesn’t possess with another person for better business prospective. That...

TATA Projects inks EPC contract for the Noida International Airport

TATA Projects inks EPC contract for the Noida International Airport

TATA Projects Limited recently has inked engineering, procurement, and construction (EPC) contract for undertaking Noida International Airport (NIA) with Yamuna International Airport Private Limited (YIAPL). Tata Projects has a vast experience...

Retail inflation declines to 7.04 percent in May, still above RBI’s upper limit of 6 percent

Retail inflation declines to 7.04 percent in May, still above RBI’s upper limit of 6 percent

India’s retail inflation declined moderately to 7.04% in May from a year ago when compared to an eight-year high of 7.8% in April. This is helped by a favourable base effect. Consumer prices, however, continued to breach the Reserve Bank of...

Most Rated Companies Have Buffers to Withstand Further 10-15% Rupee Depreciation, Says Moody's

Most Rated Companies Have Buffers to Withstand Further 10-15% Rupee Depreciation, Says Moody's

Moody's Investors Service has recently stated that most rated companies in India have buffers to withstand a further 10-15 per cent depreciation of the rupee. The rupee depreciated by 8 paise to close at 77.76 against the US dollar on...

Top 100 global firms' market cap reaches $31.7 trillion

Top 100 global firms' market cap reaches $31.7 trillion

The market capitalisation of the top 100 companies globally increased from $10.3 trillion to $31.7 trillion, an increase of 48 per cent, from March 2020 till March 2021, a new report has stated on Sunday. Apple topped the list with $2.85...

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