renewable energy
Union Minister Nitin Gadkari Aims to Make India Petrol and Diesel Vehicle-Free, Promotes Green Mobility
| April 1, 2024, 11:22 a.m.
Union Minister Nitin Gadkari Aims to Make India Petrol and Diesel Vehicle-Free, Promotes Green Mobility
Union Minister Nitin Gadkari has unveiled ambitious plans to transition India towards a green economy, aiming to eliminate petrol and diesel vehicles entirely while promoting green mobility alternatives. Gadkari envisions slashing GST on hybrid vehicles and transitioning to biofuels to reduce the country's dependence on fuel imports. While environmental activists applaud the vision for green mobility, they stress the need for a shift to renewable energy sources to power electric vehicles. Despite challenges, Gadkari remains confident in the transition, citing initiatives by auto companies and advancements in alternative fuel technologies.
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Larsen and Toubro official Logo
| Feb. 7, 2024, 5:55 a.m.
Larsen & Toubro Bags Orders Worth ₹2,500-₹5,000 Crore in Power Sector
Larsen & Toubro Ltd, a prominent name in India's infrastructure sector, has clinched multiple orders valued between ₹2,500 to ₹5,000 crore. The company's power transmission and distribution (PT&D) business secured significant orders both domestically and in the Middle East. These orders encompass diverse projects ranging from a 75MW Floating Solar PV plant in India to turnkey construction of a 380kV Substation in Saudi Arabia. The stock of Larsen & Toubro traded positively following this news, reflecting investor confidence in the company's capabilities and growth prospects.
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Highlights of India Budget 2024: Finance Minister announces 2 crore more houses under Pradhan Mantri Awas Yojana – Gramin (PMAY-G) . No changes to income tax slabs.
Budget 2024 Key Highlights: Fiscal deficit target for 2024-25 at 5.1% of GDP; no changes to income tax slabs
No Major Tax Changes in Interim Budget, Focus on Growth
Fiscal Deficit Target Lowered to 5.8% in Interim Budget
Infrastructure, Digital Push to Drive Growth in Interim Budget
Education Sector Seeks Higher Allocation, NEP Implementation in Budget
Sitharaman Presents Interim Budget, Focuses on Fiscal Consolidation and Growth
Sitharaman's Last Budget Before 2024 Elections Focuses on Rural India
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