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Over 80% of India's workforce considering changing jobs in 2022: LinkedIn

Tue, 01/18/2022 - 03:54
Notwithstanding the pandemic, India's workforce is optimistic about the future of work, and a significant percentage of professionals are considering changing their jobs this year, according to report

Nitish Kumar-led Bihar govt likely to relax liquor prohibition law

Tue, 01/18/2022 - 02:51
Facing criticism over poor implementation of the liquor ban, the Nitish Kumar government in Bihar is likely to give some relaxation to the violators.

PwC's Sanjeev Krishan on what's on the minds of Indian CEOs

Mon, 01/17/2022 - 22:00
99% Indian CEOs foresee a stronger economy in the coming year, says PwC's Annual Global CEO Survey. Get a better understanding of the sentiment among CEOs from Sanjeev Krishan, Chairman, PwC in India

Guterres in contact with US, UK to support India's solar energy target

Mon, 01/17/2022 - 20:24
Antonio Guterres said he has been in close contact with the US, the UK to ensure there are strong efforts to support India in its attempt to achieve 450 gigawatts of solar energy installed capacity

DoT amends telecom licences to enable machine-to-machine communications

Mon, 01/17/2022 - 15:39
The DoT in the licence amendment has incorporated M2M with pan-India permit, limited to circle level and district level, according to a circular

Industry welcomes PM Narendra Modi's emphasis on clean, green growth

Mon, 01/17/2022 - 15:33
According to CII, the Prime Minister's emphasis on a green, clean and sustainable growth process is reassuring for India's future growth

India among top attractive destinations for global investors: RBI paper

Mon, 01/17/2022 - 11:35
The article said foreign direct investment (FDI) plays a significant role in economic development of any country

Reserve Bank of India buys, sells equal amount of US dollar in November

Mon, 01/17/2022 - 11:31
In November 2020, the RBI had net bought USD 10.26 billion from the spot market

Exports target of $650 bn within this fiscal achievable, says Piyush Goyal

Mon, 01/17/2022 - 11:11
India's merchandise exports in April-December was over $301 billion, achieving three fourth of its annual exports target of $400 billion in the first nine months of FY22

Consumer sentiment yet to return to pre-pandemic levels: RBI study

Mon, 01/17/2022 - 11:11
Among the seven large economies compared with the US, Britain, Japan, China, Russia, Brazil and South Africa, which also bore the brunt of the pandemic like us, India was the worst hit: RBI

Govt clears 20 strategic projects under National Technical Textiles Mission

Mon, 01/17/2022 - 11:09
The projects were approved at a meeting chaired by Textiles Minister Piyush Goyal

India needs Green Revolution 2.0 to make agri more sustainable: RBI

Mon, 01/17/2022 - 09:52
An RBI article said "new emerging challenges warrant a second green revolution along with next-generation reforms"

Omicron a flash flood, not a wave, economic recovery remains strong: RBI

Mon, 01/17/2022 - 09:07
Infection surge due to Omicron has dented recovery only temporarily

India's overall economic activity remains strong, says RBI article

Mon, 01/17/2022 - 09:01
Market estimates predict that the value of digital payments could jump three-fold from $300 billion in 2020-21 to $1 trillion by 2025-26

High crude prices drive up bond yields, threaten current account deficit

Mon, 01/17/2022 - 08:55
High oil prices also feed into inflation, necessitating the central bank to be more hawkish in its monetary policy than it so far it has conducted itself

Power sector employees to go on 2-day strike in Feb against privatisation

Mon, 01/17/2022 - 08:21
The All India Power Engineers Federation (AIPEF) on Monday said that around 15 lakh power sector employees will go on nationwide strike for two days from February 23 to protest against privatisation. "National Coordination Committee of Electricity Employees & Engineers (NCCOEEE) has decided to resort to two days nationwide strike along with call given by All India Trade Unions on 23rd and 24th February," an AIPEF statement said. According to the statement, the NCCOEEE has also decided that core committee leaders of NCCOEEE will meet Governor Punjab on February 1 and handover memorandum to him against privatization of Chandigarh UT Power Department. AIPEF Chairman Shailendra Dubey said that on call of NCCOEEE about 1.5 million power employees & engineers across the country will resort to two days strike on 23rd and 24th February against privatization policies of the central government. He said that main demands of power sector employees are: withdrawal of Electricity ...

Tata Power Renewable Energy commissions 100 MW solar projs in Uttar Pradesh

Mon, 01/17/2022 - 07:19
Tata Power Renewable Energy Ltd (TPREL) has commissioned two solar power projects of 50 MW each in Uttar Pradesh. A subsidiary of Tata Power, TPREL has comissioned the solar projects at Prayagraj and Banda, a statement said on Monday. The projects have been completed by TPREL within the agreed timelines despite COVID challenges. The plants are expected to generate more than 221.26 million units annually. Approximately 1,59,600 modules were used in the project at Prayagraj and the installation is expected to reduce 91,137 lakh tonnes of carbon emission every year. At Banda, 1,67,440 modules were used over 236 acres of land. The statement said the plants at Prayagraj and Banda are expected to reduce 1,77,037 lakh tonnes of carbon emission annually. Praveer Sinha, CEO & MD of Tata Power, the commissioning of the projects has strengthened its position as a leading renewable energy company. Despite the various COVID challenges faced by the industry, TPREL through Tata Power's EPC ar

Sugar exports jump nearly 4-fold in Oct-Dec 21; production up 6%: ISMA

Mon, 01/17/2022 - 06:26
India's sugar exports during October-December period jumped nearly four-fold to 17 lakh tonnes on higher demand from overseas, according to industry body ISMA. So far, 38-40 lakh tonnes have been contracted by mills for exports. Mills are now waiting for global prices to improve for further contracts. Sugar marketing year runs from October to September. "As per market reports and port information, about 17 lakh tonnes of sugar have been physically exported during the period October to December' 2021," ISMA said in a statement. During the same period in the previous year, about 4.5 lakh tonnes of sugar were exported. Further, ISMA said it is reported that about 7 lakh tonnes of sugar is in pipeline for export this month. "Amid news of expectedly better upcoming season 2022-23 (April March) in CS Brazil, the global price of raw sugar has fallen further and is currently reeling at an over 5-month low at around 18 cents/pound," ISMA said. According to the association, Indian mills

Economy set to improve over next 12 months: PwC Annual Global CEO Survey

Mon, 01/17/2022 - 05:55
India's economic growth is all set to improve over the next 12 months despite the coronavirus pandemic-related problems and global headwinds, says the PwC Annual Global CEO Survey

Icra maintains volume demand growth estimate for FY22 at 13-15%

Mon, 01/17/2022 - 05:46
ICRA said it is maintaining the domestic demand growth in volumes estimate for the Indian tyre industry at 13-15% for the ongoing fiscal year and 7-9% for the FY22-25 period

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