Currently, nearly all of India's 15 GWh demand for Li-ion batteries is met through imports. However, this demand is projected to soar to 54 GWh by FY27 and further to 127 GWh by FY30, driven by increased EV adoption and decarbonization of the energy grid.
Though state-level spending continued to decline, dropping by 3.8 per cent compared to last year, a few states, including Punjab, Assam, Karnataka, Maharashtra, and Rajasthan, showcased resilience by recording double-digit growth in Capex during the first half of the year, highlighting regio
The victory of Donald Trump as the next US president is expected to benefit India and other Asian countries due to rising US-China tensions and potential investment restrictions in strategic sectors, according to Moddy's Ratings.
The Multan and Rawalpindi pitches, used during Pakistan's recent 2-1 Test series triumph over England, have been deemed "satisfactory" by the International Cricket Council (ICC), according to ESPNcricinfo.
India Ratings and Research (Ind-Ra) has published the October 2024 edition of its Credit Market Tracker. The report comments on the systemic and market liquidity with insights on interest rate transmission, short-term yields, and aggregate mutual fund sectoral debt exposure.
The total capital outlay of India's top 18 states is expected to grow 7-9 per cent on a yearly basis to Rs 7.2 lakh crore this financial year 2024-25, building on a high base from last year, according to Crisil Ratings.
The persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged peri
Claire Yuan, S&P Global Ratings credit analyst, said, "By our estimate, rated carmakers will be spending more than US$20 billion building electric vehicle [EV] production in South and Southeast Asia for the next few years. The expansion will likely enhance the business strength of some r
Prime Minister Narendra Modi has congratulated Arjun Erigaisi, the Indian chess prodigy who recently reached a significant milestone in his career by crossing the 2800 Elo rating mark in live chess ratings. This accomplishment makes Erigaisi the youngest Indian and only the second from th
Pune (Maharashtra) [India], October 25: The auspicious occasion of Dhanteras marks the beginning of Diwali. With the festive cheer right around the corner, this is the perfect time to upgrade to a new smartphone or purchase one for your loved ones. Dhanteras offers from Bajaj Finserv bring y