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INDIA'S PER CAPITA EMISSIONS LESS THAN HALF OF GLOBAL AVERAGE IN 2022

The US is also the biggest CO2 emitter since the Industrial Revolution

JCB India anticipates double-digit growth in 2024 sales: CEO & MD Shetty

JCB India, a prominent heavy construction machinery manufacturer, envisions a substantial double-digit growth in volume sales for the year 2024, as revealed by its Chief Executive Officer and Managing Director, Deepak Shetty, on Monday.

Skechers plans robust growth in India, to boost mfg

Skechers, the American footwear giant, has identified India as one of its fastest-growing markets in the past three years, prompting a significant increase in the company’s investments in the country.

360 ONE Asset invests $16M in CoreEL Technologies for aerospace growth

CoreEL Technologies, a key player in technology development, systems engineering, and product manufacturing for the aerospace and defense sectors, has successfully secured a substantial investment of approximately USD 16 million from 360 ONE Asset Management Limited, formerly known as IIFL Asset Management Limited (referred to as “360 ONE AMC”).

ADANI GREEN ENERGY SEALS ITS LARGEST-EVER PROJECT FINANCING OF $1.36 BILLION

The development of AGEL, the largest renewable energy park in the world, near Khavda, Gujarat, will be made possible in part by the green loan facility.

Solar power could reach 75,000 GW with long-term storage

A ground breaking report Are released jointly by the International Solar Association (ISA) and the Long Duration Energy Storage (LDES) Council has unveiled a transformative vision for the future of renewable energy.

Tax filings near 80 million mark, MOS Finance tells lawmakers

Parlia Darliament received notable insights into India's tax landscape as Minister of State for Finance, Pankaj Chaudhary, disclosed that a staggering 7.76 crore tax returns have been filed for income earned in the fiscal year 2022-23, as of December 2. Anticipating further filings, Chaudhary remarked that this figure is expected to rise by the deadline, set for December 31, 2023.

GOVERNMENT FILLS 700,000 POSITIONS THROUGH 11 ROZGAR MELAS

The PMO pledged to recruit one million individuals within 1.5 years following protests against the Agniveer scheme, and recent figures suggest substantial progress toward this ambitious target.

FICCI seeks extension of FAME II, sops for adoption of over 30 mn EVs in 5 yrs

Tith the time period for the current FAME II scheme nearing completion in March 2024, industry has called for the continuation of the scheme for the next five years for enabling upfront near price-parity for EVS vis a vis ICE vehicle, and to help increase the adoption of EVs over the next few with a review at the end of three years.

India needs estimated 1016 cr litres ethanol to meet 20% blending targets

The National Policy of Biofuels-2018 T notified on 4th June, 2018 provided indicative targets of 20 per cent ethanol blending in petrol and 5 per cent biodiesel blending in diesel by 2030.

UGROW capital, Laghu Udyog Bharati to educate MSMEs on digital credit

In a move to empower Inital, a datatech non-banking finance company focused on MSME lending, has in collaboration with Laghu Udyog Bharati launched an awareness campaign designed to empower India's microenterprises with knowledge about government schemes, digital credit, and strategies for success in today's ever-evolving business landscape.

India's services sector growth in Nov'23 slips to year low on weak new orders

The overall rate of growth of India’s services sector softened in November 2023 to reach its weakest since November 2022, as growth in for total new orders lost momentum.

INDIA TO GROW AT 7.0% IN 2026, WILL BE WORLD'S THIRD-LARGEST ECONOMY BY 2030: S&P

It expects India GDP at 6.4 per cent in 2024 and the country’s ability to unlock the ‘immense opportunity’ and become the next big global manufacturing hub as a major test for the country’s leap into the position of the third-largest economy globally by 2030

MP criticizes Mumbai traffic police, unearths Rs 16,900 pending fines against himself

Nationalist Congress Party (NCP) MP Amol Kolhe launched a scathing rebuke against the Mumbai Traffic Police, alleging harassment and dubious fine collection practices.

Gujarat: 3 weeks on run, man who posed as fake CMO official nabbed

A man, who escaped from police custody after being arrested for posing as an official of the Gujarat chief minister's office and raping a woman, was apprehended near the Assam-Mizoram border, police said on Monday. The police arrested the accused conman Viraj Patel from near the Assam-Mizoram border and brought him to Vadodara on Monday, an official said.

NCB SEIZES 6.9 KGS OF ILLEGAL KHAT LEAVES, YEMENI NATIONAL ARRESTED

The Narcotics Control Bureau (NCB) busted an international network involved in illicit trafficking of Khat leaves into India, along with seuzure of over 6.9 kilograms of Khat leaves, officials said on Monday.

UNCLE SAM IN WAR OF BEGUMS!

Why is America interfering in Bangladesh elections and what has Russia objecting?

WORLD BANK LAUNCHES CLIMATE AND HEALTH INITIATIVE TO AVERT 21 MILLION DEATHS BY 2050

The urgency of addressing five critical health risks-extreme heat, stunting, diarrhoea, malaria, and dengue-is underscored by the World Bank, which warns that these risks could lead to millions of lives lost within the next three decades.

'Our motto is to mobilise India by making in India, for India and for world'

In an exclusive interview with Swarajya, Gunjan Vakharia, Head of Business-Mobility at Siemens Limited, sheds light on Siemens' significant contributions to the development of Indian Railways and its vision for the future. With a presence in India for 150 years, Siemens focuses on addressing the entire railway value chain, providing innovative solutions and supporting the nation's growth.

Adani's AICTPL sets record handling 300,000 containers in Nov

Adani International Act Container Terminal Pvt Ltd (AICTPL) has achieved a significant milestone, emerging as the first terminal in India to handle over 300,000 containers in a single month. AICTPL, a joint venture terminal of Adani Ports and Special Economic Zone (APSEZ) located in Mundra, demonstrated its operational prowess by setting a national record.

L&T FINANCE FINALIZES MERGER OF 3 SUBSIDIARIES WITH ITSELF

L&T Finance Holdings announced the completion of merger of subsidiaries, L&T Finance (LTF), L&T Infra Credit (LTICL), and L&T Mutual Fund Trustee, with itself.

HP records 33.9% unemployment rate in July-Sept qtr

The Periodic Labour Force ed by the National Sample Survey Office (NSSO) has revealed concerning statistics regarding unemployment rates among the age group of 15 to 29 years in various states during the period of July-September 2023.

Kochi metro's pink line gets green light with ₹378 cr boost

The Kerala Government greenlit a substantial amount of Rs 378.57 crore for the second phase of the Kochi Metro Rail Project, a move aimed at advancing the expansion of this transformative transportation initiative.

ONGC'S KG BLOCK OIL GUSHER STARTS IN MAY 2024

Geological complexities and logistical challenges delay KG-DWN-98/2 project

BJP win in 3 states positive, expected to calm mkt over policy risks: Nomura

India's state election results Lin three key Hindi heartland states - Madhya Pradesh, Rajasthan and Chhattisgarh -- with a decisive win for the ruling Bharatiya Janata Party has come as a positive surprise and is expected to ally market concerns over political risks and fiscal populism at the margin, according to Nomura analysts. The Rating agency notes the BJP's win as an endorsement of Prime Minister Narendra Modi's continued mass appeal, which also reflects the ongoing trend of competitive populism.

Managed investments set to double, reaching Rs 315 trillion

The Indian corporate bond market is poised for rapid expansion, set to more than double its outstanding size by fiscal 2023, as projected by Crisil Ratings.

28 Crypto/VDA platforms join PMLA regulatory fold

Twenty-eight Virtual Digital Assets (VDA) service providers, including prominent platforms like WazirX, Coin DCX, and Coinswitch, have officially registered themselves with India's Financial Intelligence Unit-India (FIUIND), as per the Finance Ministry's announcement on December 4.

GST COFFERS OVERFLOWING, AVERAGE MONTHLY MOP-UP HITS RS 1.66 TRILLION

Yearly GST collections see robust 11% rise, reaching Rs 1.50 lakh crore on average in 2022-23.

Rohit Pawar warns uncle Ajit: 'Target me, but address youth issues'

A day following Maharashtra Deputy Chief Minister Ajit Pawar's mocking remarks about the Yuva Sangharsh Yatra led by opposition MLA and nephew Rohit Pawar, the latter issued a warning.

Goa BJP celebrates as party leads in MP, Rajasthan and Chhattisgarh

Goa BJP workers on Sunday burst firecrackers and distributed sweets as the party was leading in Madhya Pradesh, Rajasthan and Chhattisgarh, according to the latest figures of vote counting in these states.