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Brookfield targets USD 10 billion investments in renewable sector

Mumbai: Canada’s Brookfield Asset Management Inc. is aiming to more than triple investments in India’s renewable energy sector to over $10 billion in the next three-four years. It’s also looking at acquisitions in the segment besides exploring opportunities in electric…

UGC NET: CBI team probing UGC-NET case allegedly attacked in Bihar’s Nawada, 4 arrested: Officials

A CBI team probing alleged irregularities in the conduct of the UGC-NET examination was allegedly attacked by locals in Bihar’s Nawada after which four persons were arrested by police on a complaint from the central agency, officials said Sunday. The…

China and European Union agree to talks in bid to head off trade war

With billions of dollars in trade at stake, China and the European Union have agreed to engage in talks to try to resolve an escalating dispute over tariffs. China’s commerce minister, Wang Wentao, and Valdis Dombrovskis, the European Union trade…

Telecom Act 2023 based on principles of inclusion, growth, responsiveness for developed India

New Delhi: The Telecommunications Act 2023, which will be implemented partially from June 26, is based on principles of inclusion, security, growth and responsiveness to achieve the vision of developed India, an official statement said on Saturday. The Telecommunications Act,…

IMEE-EC’s India-UAE segment on track: Ports’ digital integration moves forward, set to be ready in 100 days

The India-UAE leg of the strategic India-Middle East Europe Economic Corridor (IMEE-EC) is set to begin, with a digital platform for information exchange between the two countries’ ports expected to be operational within the first 100 days of the Modi…

RBI revises its incentive framework to push banks to increase the flow of priority sector credit

Kolkata: The Reserve Bank of India has revised its incentive framework to push banks to increase the flow of priority sector credit to districts with lower credit flow in order to address the regional disparities at the district level. Accordingly,…

FMCG spends up 18% in two years due to inflation- Kantar

Consumers spent 18% more for buying daily essentials, groceries and household products in the quarter ending March, 2024 compared to two year ago, indicating that price-tags are still higher by nearly a fifth even as commodity prices softened in the…

Lufthansa-Air India partnership can extend beyond Star Alliance: Carsten Spohr

Lufthansa and Air India are exploring opportunities to deepen their collaboration beyond the existing Star Alliance framework, Carsten Spohr, chief executive of the German airline major, told ET. Lufthansa’s partnership with Air India within Star Alliance, the world’s largest airline…

credit growth: Credit growth up by 19.3%, crosses deposit growth; PVBs outpace PSBs: CareEdge

The Scheduled Commercial Banks (SCBs) in India have reported a significant increase in credit offtake, with a year-on-year (y-o-y) growth of 19.3 per cent for the last quarter of FY24, according to CareEdge report. This growth translates to an absolute…

NEET paper leak row: Education Ministry seeks report from Bihar police’s Economic Offences Unit

Education Ministry on Wednesday ordered Bihar police’s Economic Offences Unit to present a detailed report on the issue of grace marks. “In the matter pertaining to the NEET(UG) Examination-2024, the issue related to grace marks has already been fully addressed….