Or, why India's overwhelming dependence on imported energy will remain a significant weakness

Ishan Bhaskar: Cheaper oil? Forget it

Business Standard

India and Japan's effort to form a multilateral group of liquefied natural gas buyers to avoid paying higher prices for the fuel is laudable as an objective but is unlikely to be effective immediately

Ishan Bhaskar: LNG - Pipe dreams vs reality

The government's proposal to treat shale gas and oil on a par with conventional hydrocarbons masks many critical impediments to actually exploiting the resource in India

India's elusive 'shale gale'

New Delhi [India], December 12: President of the Russian Federation Vladimir Putin met with Indian Prime Minister Narendra Modi in New Delhi on December 6, 2021.The outcome of the 21st Russian-Indian summit was the adoption of the Joint Statement "Russia-India: Partnership for Peace, Progress and Prosperity", which defined the main points of contact and ways of further development of relations between the two countries in the field of politics and strategic planning, space, economics, energy, agriculture, tourism, education, military-technical cooperation, and security, science, culture and humanitarian interaction.

Rector of Mari State University gave a lecture on Russian-Indian relations for foreign and Russian students

Dubai [UAE], December 12: The Real Kabaddi League (RKL), known for redefining grassroots sports in India, is set to captivate the Gulf region with an exhilarating Kabaddi exhibition match at Al Ahli Sports Club, Dubai, at 6 PM onwards. This highly anticipated event will feature two specially created dummy teams--Indian Warriors and Gulf Gladiators, showcasing raw and emerging talent on an international platform.

Dubai Welcomes Kabaddi with a Spectacular Exhibition Match

New Delhi [India], December 12: New Era Cleantech Solutions Private Limited is thrilled to receive a letter of award for a Financial Incentive from the Ministry of Coal, Government of India, under Category III of the Financial Incentive Scheme for its groundbreaking Coal Gasification and Carbon Capture Utilization (CCU) project. This transformative initiative will be India's first and largest commercial-scale gasification and CCU project, targeting net-zero emissions by capturing 100% of CO2 emissions generated during the gasification process. The Ministry of Coal launched the Rs8,500 crore Financial Incentive Scheme, approved by the Cabinet, to promote Coal/Lignite Gasification Projects. This is a crucial step towards India's target of gasifying 100 million tonnes of coal by 2030.

India\'s Decarbonization Gets a Push as Govt Awards Incentives to New Era Cleantech  &amp;  Coal India JVs for Coal Gasification 

A year after a security breach in Parliament, sources in the Delhi Police said they have submitted clinching evidence and made a watertight case against the six accused.
The security breach happened on the anniversary of the 2001 Parliament attack on December 13, 2023 and the accused have been booked under the stringent Unlawful Activities (Prevention) Act (UAPA).
The trial in the case is yet to start as the Delhi Police's probe is underway. But officials claim that they have sufficient evidence against the perpetrators, who were led by Karnataka resident Manoranjan D.
The accused had launched a coordinated gas attack by opening colourful canisters in both inside and outside the Parliament house during the Zero Hour.
Manoranjan, along with Sagar Sharma, jumped into the Lok Sabha chamber from the public gallery and opened the canisters that released a yellow gas in the House.
Two others -- Amol Shinde and Neelam Azad -- sprayed coloured gases from canisters outside the Parliament .

Parliament, New Parliament

India ran out of superlatives in hailing history-maker D Gukesh after he became the first teenager world champion in chess on Thursday, with Prime Minister Narendra Modi describing him as an inspiration for "millions of young minds".
The 18-year-old Gukesh's triumph was celebrated far and wide across the country with the PM joining the sports fraternity and others in lauding his incredible achievement.
He won after prevailing in a tense 14th and last game of the title showdown against holder Ding Liren of China in Singapore.
"Historic and exemplary! Congratulations to Gukesh D on his remarkable accomplishment. This is the result of his unparalleled talent, hard work and unwavering determination," PM Modi wrote on 'X'.
"His triumph has not only etched his name in the annals of chess history but has also inspired millions of young minds to dream big and pursue excellence. My best wishes for his future endeavours," he added.
President Droupadi Murmu said India is "immensely proud" of

Gukesh

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Jagdeep Dhankar, jagdeep, Vice President

The new system will introduce dedicated PF withdrawal cards, functioning like regular bank ATM cards

ATM, Money, Transaction

Markets Live: Indian markets are likely to be driven by the higher close on the Wall Street, after largely in-line retail inflation data there cemented hopes of a rate cut by the US Fed next week

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Mid, SmallCap stocks to buy: Analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters

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HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter

HDFC Bank

Lumina Datamatics on Monday said it has signed a definitive agreement to acquire a 100 per cent stake in TNQ Tech, a Chennai-based digital publishing technology company.
The acquisition is expected to be completed in two tranches, with 80 per cent stake to be purchased by December 31, 2024, and the remaining 20 per cent by July 31, 2026, company MD and CEO Sameer Kanodia said.
"The first tranche will cost Rs 336 crore, with the second tranche's price determined by future EBITDA metrics.
"This acquisition will collectively strengthen us to over 6,500 employees globally and establish us amongst the dominant service providers in the world of digital content," he said.
Post acquisition, TNQ will become a stepdown subsidiary of Datamatics Global Services, according to a regulatory filing. Lumina Datamatics is a subsidiary of Datamatics Global Services.
Kanodia further said the acquisition will enable Mumbai-based Lumina Datatmatics to strengthen its suite of AI-enabled technology and .

ARTIFICIAL INTELLIGENCE

A British Indian student has been elected president of the University of Cambridge's historic Cambridge Union Society, among the world's oldest debating societies which prides itself as a defender of free speech since 1815.
Anoushka Kale won 126 votes to be elected uncontested for the next Easter 2025 term in an election held recently. As the serving Debates Officer of the society, Kale ran on a platform of strengthening ties with cultural societies of the university such as the India Society.
I am absolutely delighted and honoured to have been elected as President of the Cambridge Union Society for Easter 2025 and grateful for the membership's support, said Kale.
For my term, I will seek to expand diversity and access at the Union through greater collaboration with cultural groups, like the university's India Society. I am also especially passionate about continuing to host international speakers and global debate motions, as I did as Debates Officer of the society, she said.
Form

University of Cambridge

The government is keen on holding wider consultations on bills it proposes to bring for implementing its 'one nation, one election' plan, sources said on Monday.
Though the proposed legislation or set of legislations has not yet been approved by the Union Cabinet, the government may bring it as early as the ongoing Winter session of Parliament, they noted.
The sources said once the bill or bills are introduced in Parliament, the government would like to refer the measures to a joint committee of the two Houses for wider consultations.
The government is also keen to consult all the Speakers of various state legislative assemblies through committees.
In September, sources had said that the government is likely to bring three bills, including two to amend the Constitution, to put in place its plan to hold simultaneous elections.
Moving ahead with its one nation, one election' plan, the government in September accepted the recommendations of the high-level committee for holding ...

DME Development issues its first green bond

Bonds

A computer science engineer and master's in public policy from Princeton University, Sanjay Malhotra, the new Governor of the Reserve Bank of India (RBI), is a known consensus builder and the person instrumental in the implementation of the new income tax regime.
Malhotra, 56, is currently the Revenue Secretary in the Ministry of Finance and will succeed Shaktikanta Das, whose second three-year term comes to an end on December 10.
Malhotra, who has more than three decades of experience in public policy with expertise in areas like power, finance and taxation, takes guard at the central bank at a time when the economy is faced with the dual challenge of slowing growth rate and high inflation rate.
While Das kept benchmark interest rates unchanged for almost two years in a bid to control inflation, the incoming Governor is said to be a team player who believes prices cannot be managed by the central bank alone and the task needs government help as well.
He takes over as the 26th ...

Governor of the Reserve Bank of India (RBI) Sanjay Malhotra (File Photo: PTI)

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Ishan Bhaskar

Ishan Bhaskar

Ishan Bhaskar

Ishan Bhaskar: Cheaper oil? Forget it

Ishan Bhaskar: LNG - Pipe dreams vs reality

India's elusive 'shale gale'

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Rector of Mari State University gave a lecture on Russian-Indian relations for foreign and Russian students

Dubai Welcomes Kabaddi with a Spectacular Exhibition Match

India's Decarbonization Gets a Push as Govt Awards Incentives to New Era Cleantech & Coal India JVs for Coal Gasification

One yr of Parliament security breach: 3 chargesheets, 6 in jail, probe on

Nation celebrates Gukesh's historic win as youngest world chess champion

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