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NEW DELHI: The Centre may aim for a modest disinvestment target of around Rs 30,000 crore in 2024-25, 40% lower than the target of Rs 51,000 crore for the current financial year, which is set to be missed by 60%, official sources said. This would represent a progressive lowering of the ambition on this front […]

The post Disinvestment Target For FY25 May Be Set At Rs 30,000-Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Prime Minister Narendra Modi laid the foundation stone of important petroleum and natural gas projects worth more than Rs 9,000 crore on Tuesday. The two projects dedicated to the nation include Indian Oil Corporation Ltd’s (IOCL) 488-km-long natural gas pipeline from IP101 (Chengalpet) to IP 105 (Sayalkudi) section of Ennore-Thiruvallur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin Pipeline, and Hindustan […]

The post PM Lays Foundation Stone Of Petroleum & Natural Gas Projects Worth Over Rs 9,000 Crore In Tamil Nadu first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s Mines Ministry has upped the ante as it eyes securing supplies for critical minerals specially lithium and cobalt, among others. Beyond getting into global alliances and participating across select projects; discussions are currently underway with Lat-Am nations, like Argentina, Chile and Bolivia (also called global Lithium Triangle), and Australia for acquisition of […]

The post India Plans More Auctions To Boost Access To Critical Minerals In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

Arabian Post Staff Abu Dhabi-based conglomerate International Holding Company announced the formation of  2PointZero as a next generation Holding Company comprising several diverse and dynamic companies. Spanning multiple sectors, business combinations of entities under common control, have been combined to form 2PointZero, boasting an impressive asset size expected to exceed AED 100 billion. The transfer is subject to obtaining of  all regulatory approvals. 2PointZero embodies a vision […]

HANOI, VIETNAM – Media OutReach Newswire – 2 January 2024 – Through a series of high-profile international events, including the 8Wonder music festival (showcasing headliners Maroon 5 and Charlie Puth) and the Vinpearl DIC Legends Vietnam 2023 golf tournament, Vietnam is spearheading global growth in experiential tourism. These events, seamlessly blending unique journeys of exploration with luxurious resort stays, have established Vinpearl – VinWonders as leading brands […]

NEW DELHI: India’s top oil and gas producer ONGC is seeking global technology partners to cut gas flaring and achieve zero methane emission by 2030 as part of its ambitious decarbonisation plan, its chairman Arun Kumar Singh said on Monday. Oil and Natural Gas Corporation (ONGC) has substantially cut gas flaring — burning of methane […]

The post ONGC Seeks Partners To Cut Gas Flaring, Zero Methane Emission By 2030 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) stood at Rs 43,843 crore as of January 1, crossing the 2023-24 budget estimate (BE) of Rs 43,000 crore, giving further comfort on the fiscal front. The dividend receipts of Rs 39,086 crore so far in FY24 were 26% higher than the […]

The post Centre’s Dividends From CPSEs Exceed FY24 Budget Target first appeared on Latest India news, analysis and reports on IPA Newspack.

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Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development operators (MDOs). The state-run miner, which reported elevated capex consistently over the last several years, will keep the pace in the coming years as well, with […]

The post Coal Production Target For FY25 Is Set At 850 MT: CIL CMD first appeared on Latest India news, analysis and reports on IPA Newspack.

Disbursements by power-focused infrastructure companies are expected to surpass Rs 2.9 trillion in 2023-24 (April-March), aided by substantial capital expenditure in the power sector and improving balance sheets, CareEdge Ratings said in a report. Disbursements were at Rs 2 trillion in 2022-23. This growth in disbursements is likely to enable such infrastructure finance companies to […]

The post Power Finance Firms’ Disbursements To Top Rs 2.9 Trillion In FY24: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 2 January 2024 – Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”) is pleased to announce its successful acquisition of the 30 MW Minh Luong run-of-river hydro power plant with peak hour storage located in Lao Cai province, Vietnam. The acquisition contributes to strengthening the Nexif Ratch Energy portfolio’s growth path in renewables and will create a stable […]

By Nantoo Banerjee The world is finally recognizing India’s economic strength and its fast-growing market size. Going by the overall development trend, the economy is capable of growing close to 10 percent annually over the next several years. In 2023-24, the economy may reach a growth rate of seven percent. Both domestic and foreign investors […]

The post Surging Demand, Rising Investment Put India’s Economy On Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.

Matein Khalid If ever there was a year to make money in Big Tech, 2023 was it. My three big strategic calls all outperformed my expectations. Google rose from 85 to 142, Nvidia rose from 150 to 492 and Microsoft rose from 295 to 374. 2024 could well see several emerging markets beat the S&P 500’s stellar 26% rise this year, though the real fairytale has been […]

SINGAPORE – Media OutReach Newswire – 29 December 2023 – Recently, the cryptocurrency exchange BISSNEX launched a green blockchain initiative, striving to make this cutting-edge technology, like artificial intelligence, a catalyst for making the world a better place. They have always been renowned for their efficient and secure trading services. As a leader in the industry, BISSNEX is not only focusing on digital asset trading but also […]

In the bustling marketplace of dietary choices, Halal meat stands as a humble oasis of tradition amidst a desert of modern trends. You might be curious to discover the potential health benefits it offers, beyond the religious significance it holds for millions around the globe. The truth is, while the scientific community hasn’t definitively pronounced Halal meat as superior in nutritional content, it’s the ethical aspects of […]

NEW DELHI: The global oil and gas industry is bracing for a year of significant changes in 2024, marked by a complex mix of supply concerns and economic pressures. In the past year, Brent crude, the international benchmark, experienced a notable decline from its summer highs. This trend was largely driven by an increase in […]

The post 2024 Forecasts A Tumultuous Journey For Global Oil And Gas first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna India and the UAE recently completed their first transaction in rupees for crude oil from the Emirates. A major shift in how global trade is conducted, typically done in dollars, this step is a significant boost to the growing trade between India and the UAE, which is likely to surpass the $100 […]

The post India-UAE Embrace The Rupee In Oil Transactions first appeared on Latest India news, analysis and reports on IPA Newspack.

Premiering on December 30, this new show unveils the groundbreaking offshore installation vessel that is set to transform the offshore energy industry in Taiwan Building Icons: Green Jade offers an exclusive behind-the-scenes look at the construction and innovation behind the world’s most powerful offshore installation vessel. Green Jade, a collaboration between CSBC Corporation Taiwan and DEME, symbolises Taiwan’s dedication to becoming a self-sufficient green energy nation. The […]

In support of MDRT’s membership and in the spirit of giving, representatives from MDRT and the MDRT Foundation – the charitable arm of MDRT – donated 13,000 SGD each to both Aidha™ and Make-a-Wish® Singapore. SINGAPORE – Media OutReach Newswire – 22 December 2023 – In support of MDRT’s membership and in the spirit of giving, representatives from MDRT and the MDRT Foundation – the charitable arm […]

By K Raveendran The shipping industry is keeping its fingers crossed till the Gaza-Houthi triggered crisis in Red Sea-Suez Canal areas lasts. The duration of the current situation is what matters. A temporary disturbance – a perceived bump in the road – and the industry may cope. But, if it lasts, with container vessels forced […]

The post Global Shipping Industry Hostage To Red Sea-Suez Crisis first appeared on Latest India news, analysis and reports on IPA Newspack.

BEIJING, CHINA – Media OutReach Newswire – 22 December 2023 – From the Adama Wind Power Project in Ethiopia to the Cauchari Photovoltaic Power Project in Argentina, and then to the Mozura Wind Farm in Montenegro, China has shared advanced technologies and solutions with its Belt and Road Initiative partners to carry out a series of clean, efficient, and high-quality green energy initiatives. Indonesia, Iran, and Uzbekistan […]

HONG KONG SAR – Media OutReach Newswire – 22 December 2023 – The Centre on Contemporary China and the World (CCCW) at The University of Hong Kong (HKU) marked its official launch by hosting its Inaugural Conference, titled “A Renewed Hub and a New Horizon,” on December 15. This premier event convened about 40 distinguished scholars of various disciplines, policymakers, and industry leaders from across the globe […]

Energy storage is becoming the next disruptor in the renewable energy sector and the ESS (energy storage system) market will attract the highest investment among emerging sectors, according to a joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. ESS, which is the missing link in India’s […]

The post Energy Storage Market To Attract Highest Investment Among Emerging Sectors: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

Reiterating India’s stand on the global climate stage for ‘common but differentiated responsibilities and respective capabilities’ (CBDR-RC), the office of the chief economic advisor batted to put an onus on the developed world for climate finance and emission reduction. “Developing countries are expected to immediately and completely shift/transition away from fossil fuel-based energy to renewable […]

The post CEA Reiterates India’s Stand For More Climate Funds From Developed Nations first appeared on Latest India news, analysis and reports on IPA Newspack.

The Ministry of Power has brought in amendments to the carbon credits trading scheme (CCTS) which paves the way for India to have its own standards for carbon trading and also allows non-obligated entities to generate carbon credits. The amendment notification dated December 19 asks the carbon credits administrator, the Bureau of Energy Efficiency (BEE), […]

The post Power Ministry Asks BEE To Bring In India’s Own Standards For Carbon Credits first appeared on Latest India news, analysis and reports on IPA Newspack.

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