RMI
Pick the right momentum stocks using RMI and techno-funda ideas
The online workshop, to be streamed on ET Markets Livestream, on July 13 from 11 am to 2:30 pm will have Srivastava explore 'Rohit Momentum Indicator' (RMI), a proprietary tool that provides early signals to help traders pick the right stocks as momentum begins.
Why India needs micro EVs ?
The 2nd car. The small car for the city. The wife's car. The college kid’s car. The urban machine - affordable, efficient, compact, cheerful. And that’s something the small EVs can be really good at. Yet, how many EV brands are launching cars that fit that description? And those that are closest to the brief e.g. the MG Comet EV, are not exactly inexpensive.
Moving to renewables will mean using less energy overall
Moving to clean energy could also bring savings of up to $4.6 trillion each year, according to new research from Colorado-based think tank RMI.
Slowing EV sales are upending banker climate strategies
The global electric vehicle market faces challenges as China leads in EV development, impacting sales in Europe and US. Policy interventions are expected due to China's dominance and US tariff increases on Chinese imports.
Navigating future pathways and growth opportunities in renewable energy
The latest episode of ET Career Talks focused on the future of renewable energy careers and the surge of green jobs in India. It highlighted India's ambitious energy transition goals, the global energy transition, and the importance of education and skill development in the renewable energy sector.
Nearly 40% of climate tech startups in India led by women: DPIIT Secretary Rajesh Kumar Singh
Rajesh Kumar Singh lauded climate tech startups in the fields of green technology, renewable energy, circular economy, water, and carbon capture.
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Jet engines may soon be powering trucks if this Chennai firm has its way
Thinking out of the box, Aerostrovilos is looking at an aerospace technology to solve the decarbonisation problem in trucking.
Time to book profits in power stocks; India heading towards currency risk: Rohit Srivastava
“The RMI indicator that we use is giving sell signals on many of these key sectors so it is slightly difficult to take a bullish trade here. If at all, we will take one, we will possibly take a bearish trade and start with the index and, of course, the sectors which have moved up the most, then can give you a correction as well.”
Asia has fastest growth rate of wind, solar capacity at 35% per year: Report
The new study that highlights the Asian region as the global leader in wind and solar development coincides with government leaders, businesses and civil society organisations gathering in the southern Malaysian city of Johor Bahru this week to enhance cooperation and discuss climate solutions in Asia and the Pacific.
India to seek bids for $960 million battery production program
In a bold move towards fostering the electric vehicle (EV) ecosystem, India is set to roll out an incentive program with an estimated value of 80 billion rupees ($960 million). Sources familiar with the matter have revealed that the program will invite bids from interested parties, signaling a strategic push towards enhancing the domestic production of electric vehicle batteries.
US army chief and allies discuss Asia-Pacific in India
US Army chief Randy George said the region was "critically important", speaking to reporters alongside his Indian counterpart Manoj Pande, and vowed to boost cooperation to "maintain a free and open Indo-Pacific". Generals from Japan and Australia, which make up the "Quad" defence cooperation forum alongside Washington and New Delhi, also took part, as did Britain and France.
EVs could be as cheap as petrol cars by 2030: Report
New research predicts that electric vehicles (EVs) could reach price parity with fossil-fuel vehicles in Europe by 2024 and in the US by 2026. The report by the Rocky Mountain Institute (RMI) suggests that falling battery prices will make EVs as affordable to buy as petrol cars in every market by 2030. Battery costs are expected to halve this decade, making EVs cheaper to run as well.
Government incentives and cost-conscious customers lead to electric vehicle boom in India
India is one of the fastest-growing electric vehicle markets in the world and now has millions of EV owners. More than 90% of its 2.3 million electric vehicles are the cheaper and more popular two- or three-wheelers - that's motorbikes, scooters and rickshaws - and over half of India's three-wheeler registrations in 2022 were electric, according to an IEA report released in April.
Indian truckmakers eye electric as one way to tackle pollution
Last month, Ashok Leyland announced plans to build autonomous electric trucks for Indian ports. It’s also partnering with Adani Enterprises Ltd. and Reliance Industries Ltd. to launch hydrogen fuel cell vehicles, and is investing Rs 1,200 crore ($146 million) in its electrical vehicle subsidiary Switch Mobility.
Wind and solar to produce over a third of global power by 2030: Report
The cost of solar power, which is already the cheapest form of electricity production, will fall as low as $20 per megawatt hour (MWh) from around $40 MWh currently, as more projects are deployed and economies of scale improve, the report said.
Delhi EV policy achieves 86 pc of targets: Transport dept
The stakeholder consultation was organised in partnership with climate trends and RMI India Foundation in the presence of the Minister of Transport, Kailash Gahlot, principal secretary-cum-commissioner Ashish Kundra, advisor to CM and Member, DDC, Gopal Mohan. Shilpa Shinde, Special Commissioner for the Transport department, Govt of NCT of Delhi also attended the meeting.
GM, Ford, Google promote 'virtual' power plants
Energy transition nonprofit RMI will host the initiative, the Virtual Power Plant Partnership (VP3), which will also aim to shape policy for promoting the use of the systems, the companies said.
Green mobility to play key role in India's decarbonisation: NITI CEO Iyer
Green mobility is going to play a major role in decarbonisation of India's transport sector, NITI Aayog CEO Parameswaran Iyer said on Wednesday. Iyer, while addressing an event organised by the 'Shoonya Forum', noted that the role of financing is critical for scaling of electric mobility in India.
National consultation on Delhi's new solar policy next week
A government statement said on Friday that the DDC has partnered with RMI India to develop a framework to accelerate the adoption of renewable energy solutions in Delhi, especially solar energy.
Niti Aayog moots priority sector lending for EVs
It suggested that the central bank may consider various EV segments and use cases based on five parameters: socio-economic potential, livelihood generation potential, scalability, techno-economic viability, and stakeholder acceptability.
Niti Aayog proposes to include EVs in RBI's priority-sector lending guidelines
NITI Aayog, in its report on EVs with Rocky Mountain Institute (RMI) and RMI India released on Friday said, banks and non-banking financial companies (NBFCs) in India have the potential to achieve an electric vehicle (EV) financing market size of Rs 40,000 crore by 2025 and Rs 3.7 lakh crore by 2030. "However, retail finance for EVs has been slow to pick up," it said.
Niti Aayog pitches for greater operational, financial autonomy for state-owned discoms
In a report titled 'Turning Around the Power Distribution Sector', Niti Aayog said the performance of state-owned discoms is also determined by the ability of the respective State Electricity Regulatory Commissions (SERC) to revise tariff frequently and adequately.
State-owned utilities should have greater autonomy: Niti Aayog
“The utility should have operational and financial autonomy. Good corporate governance practices, including the use of independent directors, can help ensure such separation,” the Aayog has suggested in its report.
Freight smart cities on the anvil to reduce logistics cost
Under the freight smart cities initiative, city-level logistics committees would be formed and they will have related government departments and agencies at the local and state levels.
Lodha Group aims carbon neutrality in operations by 2035
The country’s largest real estate developer, in terms of residential sales, will undertake the entire process in two phases.
India needs 'whole-of-govt approach' to confront strategic uncertainties: Army Chief
Talking about complex geo-political power play in India's neighbourhood, Gen Naravane said the Indian armed forces are determined to "cement" the country's reputation as a net security provider in the region. "There is an entire spectrum of strategic uncertainties that looms on the horizon and a whole-of-government approach is the need of the hour to deal with them," the Army Chief said.
Rocky Mountain Institute and Micelio collaborate with Dult to host Urban Mobility Lab in Bengaluru
An initiative led by RMI, the Urban Mobility Lab will aim to further accelerate Bengaluru’s transition to shared, clean, and citizen-centric mobility by serving as a forum for open discussion and a platform for action. Dult commissioner V Ponnuraj said: “We are happy to host the Urban Mobility Lab.
Pune selected as India’s first lighthouse city for Urban Mobility Lab
Pune was selected in NITI Aayog and RMI’s ‘Grand Challenge’ as India’s first Lighthouse City for mobility solutions.
Runwal Group to buy RMI land in Mumbai for Rs 180 cr
The company, which is present in luxury residential, townships and commercial spaces, is planning to develop this plot as a mixed-use development project.
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