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Union Budget: India to give further push to green energy The Union Budget 2024-2025 will give a further push to prioritise environmental, social, and governance (ESG) and sustainability initiatives to drive long-term economic growth and environmental resilience, experts said on Monday.  Last month, the World Economic Forum (WEF) hailed India's progress in the global energy transition, observing that the country "is leading the way in creating outcomes that can be replicated elsewhere". According to Saunak Saha, Partner, Cli...
Union Budget: India to give further push to green energy
Union Budget: India to give further push to green energy
Source: IANS
2024-07-22 11:28:38 am
Over 10,000 companies have shown interest in India: Smriti Irani Union Minister Smriti Irani, representing India at the 54th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, has highlighted India’s progress and commitment to inclusive development under the leadership of Prime Minister Narendra Modi. Irani said ‘In his 10 years of administration, PM Modi made women the centre point of development. This year, leaders from some 300 countries have participated in WEF. Under the guidance of PM Modi, we are able to attract i...
Over 10,000 companies have shown interest in India: Smriti Irani
Over 10,000 companies have shown interest in India: Smriti Irani
Source: Accord Fintech
2024-01-20 11:29:57 am
Telangana signs investment deals worth over Rs 40K crore at Davos Telangana has signed investment deals worth Rs 40,232 crore at the World Economic Forum annual meeting at Davos. The state government said that the visit by the delegation led by Chief Minister A. Revanth Reddy, and also comprising IT & Industries Minister D Sridhar Babu and officials, was successful in attracting investment. During the three-day visit, the delegation signed new investments deals signed of Rs 40,232 crore. This is nearly double the amount the state could muster l...
Telangana signs investment deals worth over Rs 40K crore at Davos
Telangana signs investment deals worth over Rs 40K crore at Davos
Source: IANS
2024-01-20 09:40:48 am
Tata, Uber plan to expand operations in Telangana Tata Group and Uber plan to expand their operations in Telangana while Systra Group is looking to set up a digital centre. This was the outcome of the meetings Telangana delegation led by Chief Minister A. Revanth Reddy had with representatives of these companies on the sidelines of World Economic Forum (WEF) annual meeting in Davos. The Chief Minister met Natarajan Chandrasekaran, Chairman of Tata Sons. They discussed Tata Group's ongoing and future business plans for Telangana. ...
Tata, Uber plan to expand operations in Telangana
Tata, Uber plan to expand operations in Telangana
Source: IANS
2024-01-19 11:47:34 am
Exclusive-India could ease China investment curbs if border stays calm India could ease its heightened scrutiny of Chinese investments if the two countries' border remains peaceful, a senior Indian official said in the first signal that the four-year-old curbs could be lifted. Border tensions, the biggest irritant to relations between the nuclear-armed Asian giants, have eased, which could lead to improved investment ties, top industrial policy bureaucrat Rajesh Kumar Singh told Reuters on Wednesday at the annual World Economic Forum meeting in Davos, Swi...
Exclusive-India could ease China investment curbs if border stays calm
Exclusive-India could ease China investment curbs if border stays calm
Source: Reuters
2024-01-18 02:14:48 pm
India yet to decide on lower taxes for imported EVs as local firms resist Tesla -official India hasn't made up its mind on cutting import taxes on electric vehicles (EVs) under a new policy proposed for carmakers that commit to local manufacturing and that could ease Tesla's entry into the market, a top government official said. India's domestic automakers are concerned about the possibility of Tesla entering the market - and government plans to give incentives to Tesla and other global carmakers. India has been working on a proposed policy to slash a 100% EV import...
India yet to decide on lower taxes for imported EVs as local firms resist Tesla -official
India yet to decide on lower taxes for imported EVs as local firms resist Tesla -official
Source: Reuters
2024-01-18 02:08:10 pm
Telangana attracts Rs 36,670 crore investment proposals at Davos Telangana received investment proposals worth Rs 36,670 crore on the second day of World Economic Forum (WEF) annual conference at Davos on Wednesday, it was announced here. The state government delegation, led by Chief Minister A. Revanth Reddy, signed MoUs with six companies on the sidelines of the WEF conference. The Chief Minister, Industry and Information Technology Minister D. Sridhar Babu and top officials accompanying them had a series of meetings with heads of various companies...
Telangana attracts Rs 36,670 crore investment proposals at Davos
Telangana attracts Rs 36,670 crore investment proposals at Davos
Source: IANS
2024-01-18 09:22:10 am
India central bank governor`s comments at World Economic Forum in Davos The Reserve Bank of India would like to see inflation come down to 4% on a durable basis before it is ready to pivot on monetary policy, Governor Shaktikanta Das said in an interview with Reuters at the World Economic Forum in Davos. Following are the excerpts from an interview with Das, which have been edited lightly for clarity. INFLATION AND INTEREST RATES "When inflation is still above 5.5%, in fact closer to 6%, our monetary policy has to remain actively disinflationary and...
India central bank governor`s comments at World Economic Forum in Davos
India central bank governor`s comments at World Economic Forum in Davos
Source: Reuters
2024-01-18 09:03:51 am
India to keep diversifying oil supply, accelerate energy transition -Oil Minister Supply cuts by OPEC+, costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world's third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said. "Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated. No-one is looking at that", Puri told Reuters in an interview at this week's World Economic Forum in t...
India to keep diversifying oil supply, accelerate energy transition -Oil Minister
India to keep diversifying oil supply, accelerate energy transition -Oil Minister
Source: Reuters
2024-01-17 02:55:16 pm
Karnataka signs MoU worth Rs 22,000 cr with Microsoft, six cos on Day 2 in Davos The delegation from Karnataka, headed by Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil, has signed MoUs worth Rs 22,000 crore with Microsoft and six companies on Day 2 at the World Economic Forum Davos 2024 He engaged in a series of deliberations with industry leaders during the meet 2024 in Davos, Switzerland, the official statement said on Wednesday. Minister Patil marked a significant milestone for Karnataka at the World Economic Forum 2024 by si...
Karnataka signs MoU worth Rs 22,000 cr with Microsoft, six cos on Day 2 in Davos
Karnataka signs MoU worth Rs 22,000 cr with Microsoft, six cos on Day 2 in Davos
Source: IANS
2024-01-17 12:29:46 pm
RBI not thinking of moving towards de-dollarisation: Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das said that it is incorrect to say that there was a move towards de-dollarisation as the efforts of the central bank towards internationalisation of the rupee are not aimed at replacing the dollar. “There is no such thinking to move towards de-dollarisation. The dollar will continue to be the dominant currency and whatever we are doing for internationalisation of the rupee, it is not to replace the dollar,” Das said on at the W...
RBI not thinking of moving towards de-dollarisation: Governor Shaktikanta Das
RBI not thinking of moving towards de-dollarisation: Governor Shaktikanta Das
Source: IANS
2024-01-17 12:21:30 pm
India`s Adani Group companies sign MoUs worth $1.49 billion with Telangana Government  India's Adani Group companies said on Wednesday it had signed four memorandums of understanding totalling more than 124 billion rupees ($1.49 billion) with the government of the Indian state of Telangana at the World Economic Forum annual meeting. ($1 = 83.1030 Indian rupees)
India`s Adani Group companies sign MoUs worth $1.49 billion with Telangana Government
India`s Adani Group companies sign MoUs worth $1.49 billion with Telangana Government
Source: Reuters
2024-01-17 12:04:45 pm
Maharashtra nets investments worth Rs 70K-crore on first day in Davos Marking a record of sorts, the Maharashtra government has signed MoUs worth around Rs 70,000 crore on the first day of Chief Minister Eknath Shinde's visit to the World Economic Forum (WEF) in Davos, officials said here on Wednesday. They include a deal of Rs 41,000 crore with the B. C. Jindal Group, one of the biggest corporations in the country for their proposed plant in the state that will generate 5000 jobs in electronics system design and manufacturing. The state's MAHAPRI...
Maharashtra nets investments worth Rs 70K-crore on first day in Davos
Maharashtra nets investments worth Rs 70K-crore on first day in Davos
Source: IANS
2024-01-17 09:58:14 am
WEF Centre for 4th Industrial Revolution to be launched in Hyderabad The World Economic Forum-Telangana Centre for the Fourth Industrial Revolution (WEF-C41R) will be launched during BioAsia 2024 here next month. To be jointly set up by the World Economic Forum (WEF) and the Telangana government, it will be the world’s first thematic centre focussing on health tech and life sciences. The agreement for the centre was signed during the meeting between Chief Minister A. Revanth Reddy and WEF President Borge Brende on Tuesday at Davos during the ongoin...
WEF Centre for 4th Industrial Revolution to be launched in Hyderabad
WEF Centre for 4th Industrial Revolution to be launched in Hyderabad
Source: IANS
2024-01-17 09:32:00 am
WEF meet kicks off in Davos with focus on economic downturn, rising inflation The World Economic Forum (WEF) has kicked off its 54th meeting in Davos amid an atmosphere of uncertainty about when the global downturn will reverse and when the rising inflation in most countries will be reined in. Topping the list of the WEF's agenda is the ongoing war between Israel and Hamas in Gaza, which is threatening to enter a wider theatre of conflict in the Middle East, and the Russian-Ukraine war that has now entered the second year and has disrupted global supply chains f...
WEF meet kicks off in Davos with focus on economic downturn, rising inflation
WEF meet kicks off in Davos with focus on economic downturn, rising inflation
Source: IANS
2024-01-17 09:25:13 am
Mahindra calls for EV level playing field amid Tesla`s India entry plans Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla. Mahindra and Tata Motors have pressed Indian officials privately not to lower import taxes of 100% on electric vehicles and protect domestic firms and their foreign investors as the government reviews Tesla's plans to enter the market, ...
Mahindra calls for EV level playing field amid Tesla`s India entry plans
Mahindra calls for EV level playing field amid Tesla`s India entry plans
Source: Reuters
2024-01-16 04:50:52 pm
Invest in Telangana campaign launched at WEF meet The Telangana government has launched the 'Invest in Telangana' campaign at the World Economic Forum (WEF) meeting at Davos, Switzerland. The 54th Annual Conference of the World Economic Forum began in Davos on Monday. The three-day conference brings together top decision-makers from government, business, and civil society to address major global issues and priorities for the year ahead. Chief Minister A. Revanth Reddy said the state government's participation in WEF confere...
Invest in Telangana campaign launched at WEF meet
Invest in Telangana campaign launched at WEF meet
Source: IANS
2024-01-16 03:25:10 pm