Custom Search

Saturday, September 28, 2024

Fossil fuel dominance in electricity generation to end by 2030, renewable to cross 50% share: RBI

According to the Reserve Bank of India, fossil fuels will cease to dominate India's electricity generation by the end of this decade. Renewable energy is projected to surpass 50% of global electricity production. The report highlights the necessity for increased investment in low-carbon energy, aiming for a fully decarbonized global energy system by 2050.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vxSInp6
Read more »

Govt mulls RINL’s merger with SAIL

The government is contemplating merging RINL with SAIL as a solution for the financial and operational challenges faced by RINL’s Visakhapatnam steel plant. Other strategies include selling land parcels to NMDC and securing bank loans. High-level discussions have taken place among key officials to explore these options.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NlpKrhD
Read more »

Friday, September 27, 2024

India keeps markets guessing over MPC members

The Reserve Bank of India is approaching a crucial interest rate decision with uncertainty looming as the contracts of three external members of its monetary policy committee expire on October 4. The delay in appointing new members could affect policy continuity and market stability, raising concerns among analysts and financial experts.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/05AFPws
Read more »

HDFC Bank sells Rs 6,000 crore home loans

HDFC Bank has sold a housing loan portfolio of Rs 6,000 crore to several state-controlled banks and car loans worth Rs 9,060 crore via pass-through certificates. This strategic move aims to improve the bank's credit-to-deposit ratio, which has declined as credit growth outstripped deposit growth in recent years.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xG6P49V
Read more »

Thursday, September 26, 2024

Centre maintains borrowing target, will raise Rs 6.61 lakh crore in second half of FY25

The Indian government has kept its borrowing goal steady for this financial year, aiming to sell bonds worth Rs 6.61 lakh crore between October and March. This includes issuing green bonds valued at Rs 20,000 crore. The Reserve Bank of India has set a WMA limit of Rs 50,000 crore for the second half of FY 2024-25.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nZVL6Km
Read more »

Popular Posts

 
Desi Google | A2Z Famous Quotes | What's Cooking America | Joke Site