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CHENNAI: Indian equity markets opened on a strong note Friday, buoyed by the Reserve Bank of India's unexpected 50 basis point repo rate cut, which lifted investor sentiment and sparked a broad-based rally from early lows. The BSE Sensex rose 96 points or 0.12% to 81,538, recovering nearly 350 points from the day's intraday low. Similarly, the NSE Nifty50 gained 29 points or 0.12%, trading at 24,780, as markets welcomed the central bank's proactive move to support growth. Market Highlights Th ...Read More >
New Delhi [India], June 4 (ANI): According to a joint report by Moody's Ratings & ICRA, highlights that India will require a huge investment in order to meet ambitious 2070 net-zero emissions norms particularly in the power sector. The report projects that over the next decade, these investments are projected to constitute 2 per cent of country's real GDP for the electricity value chain, encompassing power generation, storage, transmission and distribution.The report also suggests that the coun ...Read More >
Washington, Jun 5 (PTI) Congress MP Shashi Tharoor, leading a multi-party delegation to the US, was Thursday asked a question by his journalist son whether government interlocutors sought evidence of Pakistan's culpability in the Pahalgam attack to which he replied India would not have conducted Operation Sindoor without convincing evidence. "That shouldn't be allowed. This is my son," Tharoor said laughing, during an interaction at the Council on Foreign Relations when his son Ishaan Tharoor, ...Read More >
New Delhi [India], June 4 (ANI): To meet the country's ambitious 500 GW target, India's renewable sector will need to double its annual capacity addition to 50 gigawatts (GW) over 2025-2030, S&P Global Ratings said in a report. This will mean almost doubling last year's capacity addition of 29GW. The global rating agency said capacity addition will require USD 175 billion and up to USD 150 billion for the expansion and strengthening of the transmission and distribution network. The next five ...Read More >
JAIPUR: As India pursues its ambitious renewable energy target of 500 GW by 2030, Rajasthan has emerged as a pivotal contributor to the country's solar expansion strategy. With a vision to scale its renewable capacity from 32 GW to 125 GW by the end of the decade, the state is actively leveraging public-private partnerships (PPPs) to meet its goals. At the Rajasthan Renewable Energy Conclave, stakeholders from the public and private sectors convened to outline the roadmap, discuss infrastructura ...Read More >
Gujarat Urja Vikas Nigam (GUVNL) has issued a request for selection for procuring power from 500 MW solar projects on a build, own, operate basis. The tender includes a greenshoe option for an additional capacity of up to 500 MW, increasing the potential total to 1,000 MW. Bids must be submitted by June 13, 2025. Bids will be opened on June 18. Bidders must furnish an earnest money deposit of ₹928,000 (~$10,895)/MW, a tender document fee of ₹25,000 (~$293.50) plus 18% GST, and a tender process ...Read More >
The Adani Group reported record earnings for the financial year ending March 2025, with consolidated Ebitda reaching ₹89,806 crore, driven by continued expansion in core infrastructure sectors and higher operating cash flows across its portfolio. The Group's Ebitda was up 8.2 per cent compared to ₹82,976 crore reported in FY24 by the group listed companies, the Group said in a media statement. The conglomerate, with interests ranging from energy and logistics to cement and mining, also repor ...Read More >
New Delhi, May 20 (UNI) Prime Minister Narendra Modi will visit Rajasthan on May 22 during which he will lay the foundation stone for and inaugurate multiple development projects worth over Rs 26,000 crore in Palana, Bikaner. During his visit, the Prime Minister will also undertake darshan at Karni Mata temple in Deshnoke. According to an official statement, PM Modi will inaugurate the redeveloped Deshnoke Station under the Amrit Bharat Station Scheme and flag-off the Bikaner-Mumbai express tr ...Read More >
Manipur Starlink: The forensic reports are being tallied by the state and the Centre A Starlink dish and router recovered by the security forces from insurgents in Manipur are non-functional and incompatible in the state bordering Myanmar, sources in the central intelligence agencies have said based on their investigation. "The devices had definitive markings of Starlink, but when we got it examined, we came to know that it is not compatible in this region," a senior officer told NDTV, request ...Read More >
New Delhi, Dec 17 (PTI) Carraro India Ltd, the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, on Tuesday fixed a price band of Rs 668-774 per share of its Rs 1,250-crore initial public offering (IPO) that will open for subscription on December 20. The Pune-based company's initial share-sale will conclude on December 24 and the anchor bidding will open for a day on December 19, the company said. Carraro India's IPO is completely ...Read More >
BMW launched its M2 four-door coupe in India, priced at ₹1.03 crore (ex-showroom). The BMW M2 was first introduced in the Indian market in 2023, and it is now being offered as a completely built-up (CBU) unit. A year and a half later, it is getting its much-needed facelift with updated performance, a new design, and modern features. The compact two-door, Sports coupe is a more souped-up version of the standard BMW 2 series. It has sportier design elements and ditches most of the chrome present ...Read More >
A global infrastructure EPC has secured significant new orders in India's critical Transmission and Distribution (T&D) sector. The company has announced a prestigious turnkey order worth Rs. 1,704 crore from the Power Grid Corporation of India Limited (PGCIL). This order encompasses the design, supply, and installation of 765 kV Transmission lines and GIS substations, further strengthening the company's foothold in the T&D segment. The share price of KEC International Limited went up by 4.44 pe ...Read More >
New Delhi The Andhra Pradesh government on Wednesday told the Solar Energy Corporation of India (SECI) that it has granted extension to the Adani Green Energy (AGSL) till December 25, 2024 for supply of renewable energy to the state. Sources told businessline that Andhra Pradesh government's communication to the renewable energy implementing agency (REIA) said that they have agreed to give a second extension to AGEL. The first extension was given in January-February 2024. As per the bids secu ...Read More >
New Delhi [India], November 27 (ANI): Indian Railways is advancing the electrification of Broad Gauge railway lines at a mission-driven pace, achieving approximately 97 per cent electrification of its total Broad Gauge network, Union Minister of Railways, Information and Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw stated in a written reply in the Lok Sabha. Vaishnaw noted that around 45,200 route kilometres of the Broad Gauge network have been electrified since 2014 ...Read More >
The Minister for Information, Communication, Technology and National Guidance, Hon. Chris Baryomunsi has unveiled government plans to extend internet connectivity to all sub-counties through a loan acquired from the Exim Bank of China. Baryomunsi said that with the US$150 million, government will go beyond its ministries, departments, agencies (MDAs) and district headquarters) to connect all sub-counties to the National Backbone Infrastructure (NBI). "This is vital for ensuring that all region ...Read More >
Seoul experienced its heaviest November snowfall since 1907, causing major disruptions and tragedies. Two fatalities were reported, hundreds of flights were affected, and power outages hit thousands of households. The Interior Ministry issued warnings for more snow, highlighting potential risks due to high moisture content. Seoul was engulfed in unprecedented November snowfall on Wednesday, resulting in widespread chaos throughout the South Korean capital. The inclement weather caused significa ...Read More >
Crowded environments and poor ventilation can hasten transmission, making masks and cleanliness essential. The TOI Lifestyle Desk is a dynamic team of dedicated journalists who, with unwavering passion and commitment, sift through the pulse of the nation to curate a vibrant tapestry of lifestyle news for The Times of India readers. At the TOI Lifestyle Desk, we go beyond the obvious, delving into the extraordinary. Consider us your lifestyle companion, providing a daily dose of inspiration and ...Read More >
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