The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement..
However, Varma feels that a faster glidepath will come at the cost of growth. The Reserve Bank of India (RBI) may take more than a year to bring inflation down to the 4% target, says monetary policy committee’s external member Jayanth Varma. However, Varma feels that a faster glidepath.
Friday’s figures showed no change to the Office for National Statistics’ (ONS) initial estimate of 0.1% quarterly gross domestic product (GDP) growth for the first three months of 2023, leaving.
The economic ties have received a push from Prime Minister Narendra Modi’s recent visit to the US, Apparel Export Promotion Council (AEPC) Chairman Naren Goenka said in a statement. Increasing.
The European Union (EU) is introducing the Carbon Border Adjustment Mechanism (CBAM) from October 1 this year. India and the European Union have constituted two teams to discuss issues pertaining to.
Country still ranked 67 in the transition index India the only major economy that is “making advances on all aspects of energy transition,” the World Economic Forum (WEF) said in a report,.
In order to boost capital spending by states, the ‘Special Assistance to States for Capital Investment 2023-24’ scheme was announced in the Union Budget 2023-24. The Ministry of Finance has.
“In India, under the assumption of normal monsoons, we expect headline consumer inflation to soften to 5% in fiscal 2024 from 6.7%,” the rating agency said in a report dated.
Oil fluctuated on Monday when investors got their first opportunity to price in the weekend’s events, which US and European officials privately described as an unprecedented challenge to President Vladimir.
The article said global economic activity has sustained its growth momentum in the second quarter of 2023, albeit with two diverging roads. Inflation is slowing down personal consumption expenditure, which.
