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News

Renewable Energy   -   Oct 18, 2024 Suzlon Secures 400 MW Wind Order from Jindal Group
Suzlon Secures 400 MW Wind Order from Jindal Group

Suzlon Group secured a 400 MW wind order from JSP Green Wind 1 Pvt. Ltd., a subsidiary of the Jindal Group. This deal marks the largest commercial and industrial order in the wind industry.

by Amal Anzari
Commerce & Industry   -   Oct 18, 2024 Noel Tata Elected Chairman of Tata Trusts
Noel Tata Elected Chairman of Tata Trusts

Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected chairman of Tata Trusts after the passing of the industrialist on 9 October at the age of 86. Already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Noel Tata will now

by Amal Anzari
Communications & Information Technology   -   Oct 18, 2024 ASEAN Nations to Link Payment Systems
ASEAN Nations to Link Payment Systems

In a joint statement the ASEAN Nations and India declared they would explore collaboration of cross-border linkages between payment systems through digital solutions. India will share its expertise and experiences in deploying Digital Public Infrastructures (DPI) like Aadhaar and Unified Payments Interface (UPI).

by Amal Anzari
Economy   -   Oct 18, 2024 Sitharaman Slams EU’s Carbon Border Plan
Sitharaman Slams EU’s Carbon Border Plan

Finance Minister Nirmala Sitharaman criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM) and deforestation rules as “unilateral” and harmful to countries like India, potentially hindering economic growth and green energy transition. Sitharaman assured that these concerns won’t derail the Free Trade Agreement (FTA) talks.

by Amal Anzari
Economy   -   Oct 18, 2024 RBI to Bridge Climate Data Gap with New Information System
RBI to Bridge Climate Data Gap with New Information System

RBI plans to launch the Reserve Bank – Climate Risk Information System (RB-CRIS) to address fragmented climate data. The system will include a publicly accessible web directory and a data portal with standardised datasets, available in phases to regulated entities, announced RBI Governor Das.

by Amal Anzari
Finance, Banking & Insurance   -   Oct 18, 2024 RBI Governor Warns NBFCs Over Unsustainable Growth Practices
RBI Governor Warns NBFCs Over Unsustainable Growth Practices

BI Governor Das cautioned non-banking financial companies (NBFCs) against using unsustainable strategies to drive growth. He urged NBFCs, including microfinance institutions (MFIs) and housing finance companies (HFCs), to prioritise sustainable goals, risk management, and customer satisfaction, while maintaining a “compliance-first” culture.

by Amal Anzari
Economy   -   Oct 18, 2024 RBI Keeps Repo Rate Steady for Tenth Straight Time
RBI Keeps Repo Rate Steady for Tenth Straight Time

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained the repo rate at 6.50% for the tenth time. The MPC changed its monetary policy stance from ‘withdrawal of accommodation’ to ‘neutral.’  RBI Governor Shaktikanta Das noted that yields on 10-year government bonds eased, influenced by the

by Amal Anzari
News   -   Oct 17, 2024 SKYBER Aerospace Partners with Sibia Technologies to Supply UAVs in Middle East and Africa
SKYBER Aerospace Partners with Sibia Technologies to Supply UAVs in Middle East and Africa

SKYBER Aerospace has teamed up with Dubai-based Sibia Technologies to market made-in-India unmanned aerial vehicles (UAVs) across the Middle East and Africa. The partnership will provide customised military UAVs with advanced data security features, catering to defence and commercial sectors. SKYBER will deliver high-performance UAVs, while Sibia manages sales, service,

by Amal Anzari
News Articles 122 Articles
Renewable Energy   -   Oct 18, 2024 Suzlon Secures 400 MW Wind Order from Jindal Group
Suzlon Secures 400 MW Wind Order from Jindal Group

Suzlon Group secured a 400 MW wind order from JSP Green Wind 1 Pvt. Ltd., a subsidiary of the Jindal Group. This deal marks the largest commercial and industrial order in the wind industry.

by Amal Anzari
Commerce & Industry   -   Oct 18, 2024 Noel Tata Elected Chairman of Tata Trusts
Noel Tata Elected Chairman of Tata Trusts

Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected chairman of Tata Trusts after the passing of the industrialist on 9 October at the age of 86. Already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Noel Tata will now

by Amal Anzari
Communications & Information Technology   -   Oct 18, 2024 ASEAN Nations to Link Payment Systems
ASEAN Nations to Link Payment Systems

In a joint statement the ASEAN Nations and India declared they would explore collaboration of cross-border linkages between payment systems through digital solutions. India will share its expertise and experiences in deploying Digital Public Infrastructures (DPI) like Aadhaar and Unified Payments Interface (UPI).

by Amal Anzari
Economy   -   Oct 18, 2024 Sitharaman Slams EU’s Carbon Border Plan
Sitharaman Slams EU’s Carbon Border Plan

Finance Minister Nirmala Sitharaman criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM) and deforestation rules as “unilateral” and harmful to countries like India, potentially hindering economic growth and green energy transition. Sitharaman assured that these concerns won’t derail the Free Trade Agreement (FTA) talks.

by Amal Anzari
Economy   -   Oct 18, 2024 RBI to Bridge Climate Data Gap with New Information System
RBI to Bridge Climate Data Gap with New Information System

RBI plans to launch the Reserve Bank – Climate Risk Information System (RB-CRIS) to address fragmented climate data. The system will include a publicly accessible web directory and a data portal with standardised datasets, available in phases to regulated entities, announced RBI Governor Das.

by Amal Anzari
Finance, Banking & Insurance   -   Oct 18, 2024 RBI Governor Warns NBFCs Over Unsustainable Growth Practices
RBI Governor Warns NBFCs Over Unsustainable Growth Practices

BI Governor Das cautioned non-banking financial companies (NBFCs) against using unsustainable strategies to drive growth. He urged NBFCs, including microfinance institutions (MFIs) and housing finance companies (HFCs), to prioritise sustainable goals, risk management, and customer satisfaction, while maintaining a “compliance-first” culture.

by Amal Anzari
Economy   -   Oct 18, 2024 RBI Keeps Repo Rate Steady for Tenth Straight Time
RBI Keeps Repo Rate Steady for Tenth Straight Time

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained the repo rate at 6.50% for the tenth time. The MPC changed its monetary policy stance from ‘withdrawal of accommodation’ to ‘neutral.’  RBI Governor Shaktikanta Das noted that yields on 10-year government bonds eased, influenced by the

by Amal Anzari
News   -   Oct 17, 2024 SKYBER Aerospace Partners with Sibia Technologies to Supply UAVs in Middle East and Africa
SKYBER Aerospace Partners with Sibia Technologies to Supply UAVs in Middle East and Africa

SKYBER Aerospace has teamed up with Dubai-based Sibia Technologies to market made-in-India unmanned aerial vehicles (UAVs) across the Middle East and Africa. The partnership will provide customised military UAVs with advanced data security features, catering to defence and commercial sectors. SKYBER will deliver high-performance UAVs, while Sibia manages sales, service,

by Amal Anzari
Latest Articles 8 Articles
Morning Briefing   -   Nov 15, 2024 Commerce Minister Calls for Repo Rate Cut
Commerce Minister Calls for Repo Rate Cut

Highlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.

by Daanish Narayan
News   -   Nov 14, 2024 Seaplanes to Connect Remote India: Aviation Minister Eyes North East
Seaplanes to Connect Remote India: Aviation Minister Eyes North East

In line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on

by Amal Anzari
News   -   Nov 14, 2024 India’s October Exports Surge by 17%
India’s October Exports Surge by 17%

India's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,

by Amal Anzari
News   -   Nov 14, 2024 RBI Governor Affirms Resilient Indian Economy Amid Global Challenges
RBI Governor Affirms Resilient Indian Economy Amid Global Challenges

Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation

by Amal Anzari
Morning Briefing   -   Nov 14, 2024 First Phase of Voting Completed in State Elections
First Phase of Voting Completed in State Elections

Highlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.

by Daanish Narayan
News   -   Nov 13, 2024 US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow
US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow

The United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with

by Amal Anzari
News   -   Nov 13, 2024 Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures
Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures

Sweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open

by Amal Anzari
News   -   Nov 13, 2024 By-Elections Witness High Voter Turnout Across Multiple States
By-Elections Witness High Voter Turnout Across Multiple States

Voting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the

by Amal Anzari
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