Renewable energy, solar, wind

If consumers are diversifying their fuel mix, energy firms must follow suit to retain dominance

Energy majors go for a major rethink

Business Standard

Kameswara Rao, leader energy, utilities and mining, PwC India, replies to queries on what the Budget has in store for the power and metals sector

How we can increase the availability of power: Kameswara Rao, PwC

New investment in thermal power is stalled for basic reasons: Kameswara Rao

Policy reform is necessary in mining: Kameswara Rao

Kameswara Rao, Leader Energy, Utilities and Mining, PwC, replies to queries on what the Budget has in store for the power and metals sector

Mining and metal industries require structural reforms: Kameswara Rao


<LI>For retail open access, 9500 Mw of power are eligible. But private participation in power distribution has not taken off as most states have not finalised their full regulatory framework. This

Issues in the Budget: Power

P>Generating 10 per cent of electricity from renewable sources may be achieved sooner than many other targets.

Kameswara Rao: Prospects for renewable energy

Earlier this month, the department of commerce stated that India and Australia had 'outlined a path forward for the early conclusion' of the CECA between the two nations

Trade deal, FTA

Mahakumbh held once every 12 years, is scheduled to begin on January 13 and conclude on February 26, 2025, in Prayagraj

Modi, Narendra Modi

Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said.
Movement of rupee, which registered the steepest fall in almost two years to hit its lifetime intra-day low on Friday, will also be tracked by investors.
"Persistent FIIs (Foreign Institutional Investors) selling has been a source of pressure on Indian markets, and their stance in the new year could shape near-term trends. Meanwhile, monthly auto sales data will also be closely watched. As the Q3 earnings season approaches, corporate quarterly updates will begin trickling in, setting the stage for market expectations," Santosh Meena, Head of Research, Swastika Investmart Ltd, said.
On the international front, key economic indicators like manufacturing PMI data from China and the US, along with US jobless claims, will play a crucial role, Meena said.
However, the .

Stock markets, Indian markets

Reddy also called the moment when he was at the non-striker's end while his idol Kohli scored a ton in Perth as magical

Nitish Kumar Reddy

In 2024, President Vladimir Putin further cemented his grip on power and sought to counter Russia's isolation from the West over the war in Ukraine. But he faced continuing challenges, with a deadly attack by gunmen in Moscow and an incursion by Kyiv's troops on his territory.
As Russia's nearly 3-year-old war in Ukraine enters a new, potentially pivotal phase amid a new U.S. administration and its uncertain support for Kyiv, here's a look back at how the year unfolded for Putin:
January: A presidential campaign with no real opponents
Putin ran for a fifth term in office with his top opponents either jailed or exiled abroad. But in a rare show of defiance, thousands of Russians queued in the January cold to sign petitions for an unlikely challenger. Boris Nadezhdin, a 60-year-old legislator and war critic, got the 100,000 signatures needed to put him on the ballot, but election authorities eventually barred him from running. Still, the support he received reflected anti-war sentimen

Vladimir Putin, Putin

UK-based Vodafone Group has cleared dues of around Rs 11,650 crore or about 109 million pound that it raised against shares of Vodafone Idea, according to a regulatory filing.
Vodafone Group had pledged almost the entire stake in VIL to raise the debt.
The pledge was created in favour of HSBC Corporate Trustee Company (UK) for the debt raised by Mauritius and India-based entities of Vodafone Group.
"On 27 December 2024, HSBC Corporate Trustee Company (UK) Limited acting as the security trustee for the lenders has released the pledges pursuant to repayment of the outstanding dues owed to the lenders by the Vodafone Promoter Shareholders.
"Consequently, the indirect encumbrance on 15,720,826,860 equity shares of the target company held by the Vodafone Promoter Shareholders representing 22.56 per cent of the equity share capital of the target company on a fully diluted basis has been released," the filing said.
"Consequently, the indirect encumbrance on 15,720,826,860 equity shares o

Vodafone

The country's private telecom operators face twin challenges on investment recovery in the New Year  customers leaving their network after tariff hikes and satellite players mainly Elon Musk's Starlink eyeing a chunk of their bread and butter data business.
Private operators have invested around Rs 70,000 crore in telecom infrastructure and radiowave assets this year to expand the coverage of next-generation 5G services which is one of the main highlights of 2024 for the sector.
To recover investments and protect margins, private telcos resorted to tariff hikes in mid-year but that move backfired.
Around 2 crore subscribers dropped their connections. Reliance Jio, Bharti Airtel and Vodafone Idea jointly lost 2.6 crore customers due to a 10-26 per cent price hike.
Around 68 customers switched to state-run player BSNL which refrained from price hike. The loss-making PSU still offers generation-old 3G service and is on the path of rolling out 4G network across the country.
Despite ..

telecom

A plane with malfunctioning landing gear veered off the runway, hit a fence and caught fire Sunday at an airport in southern South Korea, killing at least 28 people, according to the emergency office and local media.
The emergency office said the fire was almost put out and rescue officials were trying to remove passengers from the Jeju Air passenger plane at the airport in the southern city of Muan. It said the plane with about 180 people was returning from Bangkok.
South Korean media outlets including Yonhap news agency reported that at least 28 people had died in the fire. The Muan Fire Station said it couldn't immediately confirm the casualty reports. It said emergency workers pulled out at least two passengers.
Yonhap reported the plane veered off the runway and collided with a fence. Emergency officials said they were examining the exact cause of the fire.
Local TV stations aired footage showing thick pillows of black smoke billowing from the plane engulfed with flame.
The .

Flight, plane, Airplane

Russian President Vladimir Putin on Saturday apologised to his Azerbaijani counterpart for what he called a tragic incident following the crash of an Azerbaijani airliner in Kazakhstan that killed 38 people.
The plane was flying on Wednesday from Azerbaijan's capital of Baku to Grozny, the regional capital of the Russian republic of Chechnya, when it turned toward Kazakhstan and crashed while making an attempt to land. There were 29 survivors.
In an official statement Saturday, the Kremlin said air defence systems were firing near Grozny on Wednesday due to a Ukrainian drone strike, but stopped short of saying one of these hit the plane.
On Friday, a US official and an Azerbaijani minister made separate statements blaming the crash on an external weapon.

The statement, which was released by Taliban did not directly specify that Pakistan was hit, but said the attacks were conducted "beyond the "hypothetical line"

Taliban

Bank said it was still on track to hit profit target of 550 billion roubles in 2024 despite a significant depreciation in the value of many of its assets in November as a result of monetary tightening

Bank, Capital

Ratnesh Kumar Mishra, a 21-year-old student from Assam's Diburugarh  was found hanging from a ceiling fan in his hostel room

Suicide

Star batter Shubman Gill was dropped from the Indian squad for the Boxing Day Test between India and Australia in the ongoing Border Gavaskar Trophy

Shubman Gill

relief fund

The big spenders hailed from Delhi and Dehradun, splurging over Rs 20 lakh each on Swiggy Instamart this year

Food and grocery delivery firm Swiggy has marginally narrowed its consolidated net loss in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago. But sequentially, the loss was up as the firm had reported a

From the 1991 economic crisis to his critique of demonetisation, former PM Manmohan Singh's legacy is marked by his quiet confidence, intellectual depth, and transformative vision for India

Manmohan Singh

From rate rationalisation to cess management and expanding the GST base, India's evolving tax regime faces critical design and compliance challenges requiring balanced reforms

In his annual letter to employees, he highlighted conglomerate's achievements for the year

Kameswara Rao

Kameswara Rao

Kameswara Rao

Energy majors go for a major rethink

How we can increase the availability of power: Kameswara Rao, PwC

New investment in thermal power is stalled for basic reasons: Kameswara Rao

Policy reform is necessary in mining: Kameswara Rao

Mining and metal industries require structural reforms: Kameswara Rao

Issues in the Budget: Power

Kameswara Rao: Prospects for renewable energy

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Free trade deal may get delayed as Australia approaches 2025 elections

Let us eliminate division, hatred as we take part in Mahakumbh: PM Modi

Markets to track FII trading, macroeco data, trends this week: Analysts

IND vs AUS: My aim is to become a complete all-rounder, says Nitish Reddy

2024: A year of triumphs, setbacks for Putin, here's how it unfolded

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Vodafone Group clears about Rs 11,650 cr dues raised against VIL shares

Telcos face twin challenges on tariffs, upcoming satellite services front

All but 2 feared dead on plane carrying 181 as it crashes in South Korea

Putin apologises to Azerbaijani counterpart for tragic plane crash incident

Days after Pak airstrike, Afghan Taliban targets several points in Pakistan