BUSINESS
Reliance Industries AGM 2022 | RIL to set up 20,000MTPA carbon fibre plant in Hazira
Carbon fibre is a strong, stiff but lightweight material with high conductivity that has the potential to replace steel in specialised uses in aerospace, civil engineering, military and motorsports
BUSINESS
Reliance Industries AGM 2022: RIL to build gigacomplex for power electronics
The gigafactory for power electronics will design and manufacture affordable and reliable power electronics, for telecommunications, cloud computing and IoT (internet of things) platforms.
BUSINESS
As India designs its carbon trading market, here are pitfalls it must avoid
Big corporations must not find it cheaper to buy their way out of regulations rather than upgrade their factories with emissions-reducing technologies. But a steep carbon price will put smaller firms out of business
BUSINESS
Man of steel: Here’s how TV Narendran turned Tata Steel around
The Tata Steel MD took over when the company was in danger of sinking. Today, he has taken it past the group’s reigning cash cow, Tata Consultancy Services — Tata Steel reported a profit of Rs 31,914 crore for the first nine months of FY22.
BUDGET
Budget 2022 opens coffers wide for road, rail investments
The Budget outlay for the Ministry of Road Transport and Highways has risen 68.5% to Rs 1.99 trillion (from Rs 1.18 trillion in FY22)
BUSINESS
Budget 2022: FM focuses on speeding up cargo movement, improving logistics network
The development of multimodal logistics parks, roads, cargo terminals etc. under the Gati Shakti framework is likely to improve pan-India connectivity and reduce the logistics costs.
BUSINESS
Budget 2022 | FM raises domestic defence procurement; invites private sector into military research
In FY22, the Ministry of Defence’s budget’s capital outlay was Rs 1.35 trillion, a jump of almost 19 percent over FY21, with the bulk targeted at new acquisitions and military modernisation.
BUSINESS
Economic Survey 2022 | R&D key to transitioning to clean energy
The survey also calls for focus on developing technology that recycles, reuses and repurposes minerals, which are in short supply
BUSINESS
Economic Survey 2022 | India’s dependence on fossil fuel grows, coal leads the pack
Coal is the most important and abundant fossil fuel in India and accounts for 55 percent of the country’s energy needs, the survey says
INDIA
As cities buckle under urban waste, waste-to-energy plants make a comeback
The U-turn comes at a time when developed countries are turning away from WtE incineration. The combustion process has been criticised for releasing invisible particulate matter, gaseous pollutants and carcinogens into the atmosphere
