Moody's Ratings on Wednesday said India's power sector, which is the biggest carbon emitter, will need massive USD 700 billion investment over the next 10 years to help the country achieve its 2070 net-zero pledge.
The stock market extended the losses to the fourth session on Wednesday and ended marginally lower in the highly volatile session. At close, the Sensex was down 28.21 points or 0.04% at 75,939.18, andthe Nifty was down 12.40 points or 0.05% at 22,932.90.
The Union Government has released 15th Finance Commission Grants during Financial Year 2024–25, for the Rural Local Bodies of Bihar, Haryana and Sikkim.
The State Bank of India (SBI) has forecast GDP growth for Q3 FY25 at 6.2-6.3 per cent. ”Assuming there are…
This is a significant move to transcend the B2C to B2B approach for tribal communities, the Ministry of Tribal Affairs said in a statement.
Further, Goldman Sachs also said India may face an impact of up to 0.6% of GDP from the US reciprocal tariffs calculating various scenarios of the tariff imposition.
On the losing side were Indusind Bank (2.30%), Trent (1.94%), Ultratech Cement (1.58%), Bharat Electronics (1.57%), and Mahindra & Mahindra (1.48%).
These companies value higher than the GDP of India and the combined GDPs of UAE, Indonesia, and Spain.
Data from the National Sample Survey Survey (NSSO) said the unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the October-December quarter.
ICRA projected the economy to grow at 6.4 per cent in Q3 from 5.4 per cent in Q2, benefitting from enhanced government spending amid uneven consumption.
