NET ZERO INDUSTRY ACT
How Sebi action will impact profits of discount stock broking firms like Zerodha and Groww
Market regulator Sebi mandated in its July 1 circular uniform brokerage charges that are not based on volumes. Due to this, tech-first brokers are staring at impact on valuations. Platforms like Shoonya and Mstock charge zero brokerage fees, and they are bracing for impact from Sebi's instructions. Venture fund-backed startups like Groww, Upstox, Zerodha and listed discount broker Angel One will also have to start charging their customers.
GAIL advances net zero emission target to 2035
GAIL accelerates its net zero carbon emission goal to 2035, aligning with India's commitments. The strategy includes electrification, renewables, and proactive emission reduction measures, reinforcing GAIL's pivotal role in India's sustainable development journey.
Govt trying to do 'damage control': Congress on implementation of law to curb exam irregularities
Congress leader Jairam Ramesh has defended the implementation of a law to prevent unfair means in competitive examinations, stating it is "damage control". The law, which aims to curb malpractices and irregularities in competitive exams, was operationalised on June 21, 2024, following protests over alleged irregularities in medical entrance exams. The law entails provisions for a maximum jail term of 10 years and a fine of up to Rs 1 crore for offenders.
IGL to diversify into solar rooftop, battery recycling
"With the exponential growth being witnessed in the electric vehicle market, demand for batteries has risen significantly. Many rare earth metals go into battery manufacturing, so IGL thinks recycling them could be a lucrative option, especially when not many companies are doing it," said another senior industry executive.
India’s climate dilemma will hang over PM Modi’s next five years
Prime Minister Narendra Modi aims to lead India into a 'green era' while grappling with a reliance on coal energy. He faces pressure to meet climate targets, including net zero emissions by 2070 and massive renewable energy goals.
Environment Day: Noida Airport to have 8-acre forest with local species, 133-hectare green area
Noida International Airport (Google Trends): The Noida International Airport CEO Christoph Schnellmann has emphasized a net-zero emissions philosophy. With 580 trees transplanted and an eight-acre forest reserve, biodiversity preservation is a priority. The airport's eco-friendly initiatives include renewable energy and innovative technology to reduce carbon emissions, paving the way for a greener future in Indian air travel.
Cairn Oil & Gas targets net zero by 2030
Cairn Oil & Gas, part of Vedanta Group, aims to achieve net zero by 2030 through renewable energy initiatives like sourcing 70 MW of renewable energy and installing solar rooftops in Rajasthan and Gujarat. Moreover, the group also aims to achieve net zero by tree planting.
Reliance and Tata recognised among the World's Most Influential Companies by TIME
Reliance Industries Limited (RIL) has been named one of the World's Most Influential Companies by TIME magazine, marking its second appearance in the TIME 100 list. Recognized in the 'Titans' category, Reliance has significantly impacted various sectors in India and beyond, under the leadership of Mukesh Ambani. Key initiatives include Jio Platforms, the world's largest refining complex, Reliance Retail, investments in new energy, and ambitious net zero goals. The inclusion highlights the growing global influence of Indian enterprises.
Green energy will help fight pollution and create jobs in India
India, committed to climate mitigation programme, today stands 4th globally in renewable energy installed capacity, 4th in wind power capacity and 5th in solar power capacity, as per International Renewable Energy Agency - Renewable capacity statistics 2023.
What is 'Net Zero', anyway? A short history of a monumental concept
The G7 leaders recently committed to achieving net zero emissions by 2050, with the Albanese government in Australia introducing legislation to create a Net Zero Economy Authority to drive investment in clean energy. The concept of net zero, aiming to balance carbon emissions with carbon sinks, emerged from early climate negotiations in the 1990s. It gained traction in the late 2000s as a metric for assessing mitigation efforts and became a key goal of the 2015 Paris Agreement. However, challenges remain in ensuring fairness and equity between developed and developing nations, and in avoiding greenwashing by corporations.
Flight to sustainability: How microgrids are transforming airports into green energy hubs
Airports worldwide are increasingly investing in microgrid technology as a strong strategic solution that allows them access to continuous, localised, and self-reliant power supply.
Government aims to boost use of artificial intelligence in food processing
India aims to boost artificial intelligence (AI) in food processing to raise efficiency, support farmers, and cut environmental impact, officials revealed at a National Institute of Food Technology Entrepreneurship and Management (NIFTEM) conference. The government advocated for a roadmap to deploy AI tools in the sector, with the Ministry of Electronics and Information Technology Secretary showing support. Experts believe AI can enhance agricultural practices, improve produce quality, and aid India's goal of achieving net zero emissions by 2070.
Inox Air Products to set up 190-tonne green hydrogen project in Rajasthan
INOX Air Products will establish a 190-tonne green hydrogen project in Chittorgarh, Rajasthan, supplying clean energy to Asahi India Glass Limited. The project, powered by solar energy, aims to reduce carbon emissions and aligns with India's green economy goals.
Green careers report: Understanding green jobs and their increasing demand
Green jobs are on the rise globally, with India aiming to double its green job count. The industry focuses on upskilling, collaborating for R&D, and leveraging government initiatives to meet the demand for green skills.
Southern India can Lead India's pursuit of 500GW renewable target by 2030: Experts and industry players
Southern states like Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, and Telangana hold immense solar and wind energy potential. However, realizing this potential requires substantial investment in strengthening transmission infrastructure.
Aluminium industry requires additional capex of Rs 2.2 lakh cr to achieve net-zero emissions: Study
Net-zero aluminium could be 61 per cent more expensive, the study said, adding that decarbonising this industry would also lead to a yearly increase of Rs 26,049 crore in additional operating expenditure, as per the study. Although the country's per capita aluminium consumption is low at 2.5 kg (compared to the world average of 11 kg), the industry emitted nearly 77 million tonnes of CO2 in 2019-20, it said.
Most Indian occupiers want half of office portfolios powered by renewables by 2030, JLL
India's occupiers aim for 50% renewable energy in office portfolios by 2030. Delhi leads with 43%. Banking, finance sectors prioritize on-site renewable power sources. APAC countries contribute significantly to renewable energy capacity.
EU lawmakers back law to boost domestic clean tech production
The act is a centrepiece of the EU's push to ensure it is not only a global leader in cutting greenhouse gas emissions, but also in manufacturing the clean tech required.
India aims for green shipping on inland waterways in five years: Officials
India aims to convert its entire coastal and inland waterways shipping to renewable energy within five years, aiming to achieve net zero carbon emissions by 2070. The shipping secretary said that all vessels currently using waterways will be converted into green. India's share of renewable energy at major ports is less than 10%.
Load More
