India says it has ample coal stocks for power sector
India has ample coal stocks to meet power sector demand, a coal ministry statement said on Sunday, a day after the Delhi Chief Minister said…
Category: Business
India’s Reliance swoops on solar capacity as part of net zero goal
Indian conglomerate Reliance Industries Ltd (RELI.NS) on Sunday announced two deals to buy solar capacity, as the owner of the world’s biggest refining complex seeks…
Sanjeev Gupta’s GFG Alliance strikes debt deal with Credit Suisse
The GFG Alliance said on Sunday it had agreed a debt restructuring deal with Credit Suisse (CSGN.S) for its Australian steel and coal mining assets,…
Goldman cuts forecast for U.S. economic growth in 2021 and 2022
Goldman Sachs cut its U.S. economic growth target to 5.6% for 2021 and to 4% for 2022 citing an expected decline in fiscal support through…
Facebook will try to ‘nudge’ teens away from harmful content
A Facebook Inc (FB.O) executive said Sunday that the company would introduce new measures on its apps to prompt teens away from harmful content, as…
European climate group says EU needs tougher truck CO2 targets
The European Union needs to dramatically toughen up CO2 targets for truckmakers to spur a shift to zero-emission models as current goals do not provide…
Why is Invesco entangled in a legal dispute with Indian TV giant Zee
India’s Zee Entertainment (ZEE.NS) is locked in a legal battle with one of its biggest foreign investors, Invesco, after it called for ouster of the…