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Highlighting the transformative potential of the Indian EV industry and its positive impact on both the economy and the environment, NITI Aayog Vice Chairman Suman Bery has emphasized the role of electric mobility in accelerating India’s economic growth along low-carbon pathways and facilitating the nation's net-zero vision for 2070. In conference on E-Mobility organized by NITI Aayog and supported by WRI India and Asian Development Bank, Amitabh Kant, India's G20 Sherpa, als...
NITI Aayog Vice Chairman emphasizes role of E-Mobility in accelerating India`s economic growth
Cement major The India Cements Ltd is on the verge of monetising about 1,000 acres in Tamil Nadu's Tirunelveli District, said a top company official. He also said the company will be taking steps to reduce its variable costs and the debt this fiscal. The company closed FY24 with a net loss of Rs 188.22 crore (FY23 Profit Rs 38.98 crore) on a revenue of Rs 5,380.81 crore (Rs 4,713.11 crore). Speaking to reporters here on Wednesday N.Srinivasan, Vice Chairman and Managing Director ...
India Cements to monetise about 1,000 acres land in Tamil Nadu, posts loss for FY24
Indian IT major Infosys has announced the retirement of Kiran Mazumdar-Shaw as Independent Director of the Board, effective March 22, 2023, upon completion of her tenure. The Board has appointed D. Sundaram as the Lead Independent Director of Company, effective March 23, 2023 based on the recommendation of Nomination and Remuneration Committee. Kiran Mazumdar-Shaw was appointed to the Infosys Board as an Independent Director in 2014, and as Lead Independent Director in 2018. She also se...
Kiran Mazumdar-Shaw retires from Infosys Board, D. Sundaram appointed Lead Independent Director
NITI Aayog vice chairman Suman Bery has said that India's focus should not be on overall trade deficit with China, instead it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. According to Bery, the right response is to diversify to other sources of supply for critical inputs including active pharmaceutical ingredients (APIs) and supply chain for renewables. He noted that China is the world's largest producer and exporter of APIs and many of the ...
India`s focus should be on reducing dependence on China for certain critical inputs: NITI Aayog vice chairman
Former Niti Aayog Vice Chairman Arvind Panagariya has said that Indian economy, which grown fairly rapidly in the last 17 years, will grow at 7-8 per cent in the next couple of decades. He noted that the country's economy grew 7.4 per cent between 2014-15 to 2019-20. On GST, Panagariya said ‘we should get to two GST rates (structure).... Also, we need to prune the GST exemption list’. A nationwide Goods and Services Tax (GST), which subsumed 17 local levies like excise duty...
Indian economy to grow at 7-8% in next couple of decades: Arvind Panagariya
NITI Aayog Vice Chairman Suman Bery has said that India's macroeconomic position relative to emerging economies appears good, and the coming decade appears promising for sustained economic growth for the country. Bery further said any appraisal of potential, performance and policies should also take into account the global headwinds, challenges and India's performance relative to other economies. He also highlighted how the global financial crisis impacted global economic growth, w...
Coming decade appears promising for sustained economic growth for India: NITI Aayog Vice Chairman
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