The switch from an electricity system supplied by large fossil fuel plants that run virtually uninterrupted to a more haphazard mix of smaller, intermittent renewable sources will need batteries to store energy.
Modi government has been transferring a part of its liabilities to FCI by giving it loans from NSSF and lowering the actual food subsidy in the budget.
The benchmark 10-year sovereign bond yield dropped about 50 bps in July. Each basis point fall in the yield adds Rs 350 crore to banks’ treasury gains.
The amendments to the bill include strengthening the position of financial creditors and completing the Corporate Insolvency Resolution Process in 330 days.
A delay in lending to residential projects is adding to the mounting default risk, with as many as 5.60 lakh homes worth Rs 4.5 lakh crore stuck in top cities.
India should aim to get European investments that are clearly no longer going to China. That is where the dots of its efforts to save Asia from China’s dominance converge at its most basic.
About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
The article is misleading. Natural gas is on the rise. US, Russia and China all are using fossil and natural gas. Coal targets of India and China are in increasing mode. And about climate, the 19 year Hiatus in Warming is about to enter 20 years of low solar activity and low temperatures.
These are very hopeful signs. A world without fossil fuels can now be realistically planned for. Fifty years is the blink of an eye in the life of the planet. It represents the mismatch of the transition between renewables and the ravages of climate change.
The article is misleading. Natural gas is on the rise. US, Russia and China all are using fossil and natural gas. Coal targets of India and China are in increasing mode. And about climate, the 19 year Hiatus in Warming is about to enter 20 years of low solar activity and low temperatures.
These are very hopeful signs. A world without fossil fuels can now be realistically planned for. Fifty years is the blink of an eye in the life of the planet. It represents the mismatch of the transition between renewables and the ravages of climate change.