New Delhi, Feb 10 (IANS) The NITI Aayog on Tuesday released the second set of four Study Reports on Scenarios Towards Viksit Bharat and Net Zero, which cover the transport, industry, power, and critical minerals sectors.According to the reports, electricity’s share in the power sector can rise as high as 60 per cent in 2070 from 21 per cent in 2025, while the share of non-fossil generation increases from 23 per cent to 80-85 per cent. Electricity, biofuels, and hydrogen can meet nearly 90 per …
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Mumbai, Jan 31 (IANS) State Bank of India Chairman CS Setty on Saturday said that expectations in the financial sector ahead of the Union Budget remain anchored in continued fiscal prudence and called for a level playing field for financial savings instruments.“As a banker, I would definitely say there should be a level playing field. In an evolving equity environment, there is a case for ensuring a neutral and balanced approach to financial savings instruments,” Setty shared his expectation…
New Delhi, Jan 30 (IANS) India has successfully insulated its citizens from volatility and the global turmoil has never been passed on to the consumer, said Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, addressing concerns around consumer impact during global price shocks.According to an official statement on Friday, Puri said India has demonstrated strong preparedness to navigate sustained geopolitical volatility in global energy markets and will continue to occupy centre st…
New Delhi, Jan 25 (IANS) India has reinforced its commitment to accelerate the clean energy transition through stable policies, global cooperation and long-term investment, positioning itself as a key driver of the global energy transition, Union Minister for New and Renewable Energy Pralhad Joshi said after returning from the World Economic Forum (WEF) Annual Meeting 2026 in Davos.Joshi said his engagements at WEF 2026 renewed global confidence in India’s renewable energy journey and strength…
New Delhi, Jan 25 (IANS) Egypt has set a strong goal to nearly double its trade with India, aiming to reach $12 billion in the coming years. Currently, trade between the two countries stands at around $5 billion, which Egypt believes is far below the real potential of the partnership.Speaking at the Foreign Correspondents’ Club of South Asia here, Egypt’s Ambassador to India, Kamel Zayed Galal, said both nations have many opportunities to grow together, especially in sectors like energy, man…
New Delhi, Jan 22 (IANS) India used the ‘World Economic Forum 2026’ in Davos to make a direct pitch to global investors, positioning itself as one of the world’s largest and most investment-ready clean energy markets, with an estimated $300–$350 billion capital requirement by 2030, according to an official statement on Thursday.Leading India’s outreach, Union Minister for New and Renewable Energy, Pralhad Joshi, said the country’s energy transition offers speed, scale, stability and …
Tokyo, Jan 20 (IANS) India’s Ambassador to Japan, Nagma Mallick held a meeting with Yamanashi Prefecture’s Vice Governor Junichi Ishidera on Tuesday, discussing forward cooperation between Yamanashi Prefecture and various Indian states. “Ambassador Ms. Nagma Mallick met with Vice Governor of Yamanashi Prefecture, H.E. Mr. Junichi Ishidera and discussed taking forward cooperation between Yamanashi Prefecture and Indian states,” the Indian Embassy in Japan posted on X.Earlier in the day, Mallick v…
New Delhi, Jan 20 (IANS) Union Minister of New and Renewable Energy, Pralhad Joshi, has made a strong pitch for global investors towards opportunities in India’s clean and green energy sector at the World Economic Forum (WEF) in Davos.Highlighting India’s proven ability to scale renewables solar, wind, Green Hydrogen and energy storage, the minister had a focused discussion with Charles Emond, President and CEO, and COO Sarah Bouchard of Canada-based La Caisse, on strengthening long-term cli…
Amaravati, Jan 16 (IANS) The government of Andhra Pradesh led by Chief Minister Chandrababu Naidu on Friday announced that the State will host India’s first and the world’s largest green ammonia project.AM Green is setting up a Green Hydrogen and Green Ammonia Complex with a planned capacity of 1.5 million tonnes per annum (MTPA) at Kakinada.The first major equipment erection ceremony of AM Green’s plant is scheduled on Saturday.The event will be attended by Chief Minister Nara Chandrababu…
New Delhi, Jan 14 (IANS) The Confederation of India Industry (CII) on Wednesday urged the government to introduce Green Hydrogen mandates to spur demand and enable a vibrant green hydrogen economy.Greening mandates backed by incentives should be used to overcome the substantial cost gap between green hydrogen and grey hydrogen, the industry body said.”The proposed Green Hydrogen Blending could be introduced for sectors like refining, fertiliser and natural gas with cost-offset mechanisms.The sec…