India expects to invest $ 54.5 billion in clean coal projects over the next decade as it seeks to tap domestic energy sources and curb imports, home minister Amit Shah said at a signing ceremony to develop new mines. The investment will be made in clean coal facilities, including coal gasification and coal-bed methane, Shah […]
Petroleum Minister Dharmendra Pradhan has said the government has planned a $60-billion investment for creating gas infrastructure in the country till 2024. The share of gas in the energy mix is expected to rise to 15 per cent by 2030. Currently, gas accounts for 6 per cent in the country’s total energy mix. Speaking at […]
Has gold’s rally finally come to an end? Prices of the precious metal rose to all-time highs in early August, but since then have come off 10% from those levels. Investors are probably weighing whether to remain invested in the commodity. However, Sprott CEO Peter Gross I old sees the recent pullback as “a healthy […]
After a spectacular rally this year, gold prices in India has come down from the all-time high level of over Rs 54,000 to near Rs 50,000 level. It closed the week at Rs 50,700 per 10 grams. Gold has been shining bright in the past three months. Due to the rally in gold prices, gold […]
The Ministry of Petroleum and Natural Gas signed a MoU with leading oil and gas marketing companies to establish Compressed Bio-Gas (CBG) plants across India under the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative. To boost availability of affordable and clean transport fuels, the MoU was signed with JBM Group, Adani Gas, Torrent Gas and Petronet […]
Prime Minister Narendra Modi on Thursday urged global investors to put their money in India for returns with reliability, saying the country was fast changing for the better and offered huge opportunities in every sector of its economy. “We are building a New India which is free of old practices. Today, India is changing and for […]
According to an EY report, Indian agritech companies have received an investment of $ 532 million till April this year. The report says the agritech market in India has the potential to reach $ 24 billion by 2025,. “India’s burgeoning start-up ecosystem has been actively playing its part in disrupting the agriculture sector. Agritech start-ups are operating in an attractive market […]
India’s economic growth slowed for a fifth straight quarter to 5 per cent in the three months ended June 2019. That’s slower than the 5.8 per cent expansion in the previous quarter, according to latest figures released by the Central Statistics Office. India’s GDP growth was 8 per cent in the year-earlier quarter and 5.8 […]
India’s economy is projected to grow at 7.1% in fiscal year 2020 on the back of strong domestic consumption and investment but the GDP growth is a downward revision from the 7.4% estimated in January this year, according to a report by the United Nations. The World Economic Situation and Prospects (WESP) 2019 Mid-year Update, […]
Economic growth in China is expected to moderate in the next two years as global growth slows and trade tensions with the United States (US) weigh on trade and investment, according to the Asian Development Bank (ADB). In its Asian Development Outlook (ADO) 2019, ADB projects gross domestic product (GDP) growth for the world’s second largest […]
