[ad_1] Amid continuing debate on how much emission countries need to cut to hit the Paris Agreement goal, the survey pointed at unfulfilled promises of rich nations on climate finance and said the “shortfall” may lead to a “reworking” of climate targets.The statement indicated developing nations may not opt for ambitious mitigation (emission reduction) goals…
[ad_1] NEW DELHI: High markup on electricity supplied to industrial consumers reduces global competitiveness of Indian industry, Economic Survey says, putting tariff reforms back into the spotlight.“Across states, industrial users can pay a 10-25% markup over the cost of electricity supply. Other countries impose lower rates for electricity use. For example, Vietnam sets the electricity…
[ad_1] NEW DELHI: After the engineering sector and exporters, auto industry is the latest to protest against the move to impose safeguard duty on steel, with industry body Siam taking up the issue with the commerce department.Siam claimed that only “some amount” of specific grade of steel, used by auto companies, is being imported as…
[ad_1] MUMBAI: New orders, mainly from the infrastructure and hydrocarbon segments, lifted L&T’s Dec quarter profit by 14%. The industrial giant’s profit rose to Rs 3,359 crore in the quarter from Rs 2,947 crore a year earlier. The company, often referred to as a proxy for the investment cycle in the country, received fresh orders…
[ad_1] The Economic Survey is a comprehensive report prepared by the Economic Division of the Department of Economic Affairs. (AI image) Economic Survey 2025: Finance Minister Nirmala Sitharaman will present the Economic Survey 2024-25 before the Union Budget 2025 in Parliament today. The Budget session commences on January 31, 2025, with the Budget presentation scheduled…
[ad_1] FM Nirmala Sitharaman will present the Union Budget 2025 as part of Parliament’s Budget session which began on January 31, 2025. The first phase of the Budget session will end on February 13, 2025. Sitharaman’s Budget 2025 speech is eagerly awaited by the middle class, common man, women and salaried taxpayers in hopes of…
[ad_1] At a meeting held in Mumbai last week, LTIMindtree’s CEO designate, Venu Lambu, met with more than 50 senior leaders of the company, amid two senior executive departures. During the meeting, LTIMindtree chairman, SN Subrahmanyan, welcomed Lambu, who then shared his key priorities, including a sharper focus on growth and doubling down on its…
[ad_1] MUMBAI: Bank of Baroda reported a 5.6% year-on-year rise in net profit for Q3, reaching Rs 4,837 crore, driven by strong growth in non-interest income and loan book expansion. Operating profit rose 9.3% to Rs 7,664 crore, supported by a 34% jump in non-interest income. TNN [ad_2] Source link
[ad_1] MUMBAI: Aditya Birla Housing Finance has secured Rs 830 crore in funding from the International Finance Corporation through non-convertible debentures. The funds will be used to enhance the company’s affordable housing portfolio. Stay informed with the latest Business News on Times of India. Explore the list of Bank Holidays, stay informed about Budget 2025,…
[ad_1] Budget 2025 income tax expectations: In the interim, the Government could consider announcing its roadmap of phasing out the old income tax regime. By Ishita SenguptaBudget 2025 income tax expectations: As we all gear up for the Union Budget later this week, the big question for individual taxpayers is whether the Hon’ble Finance Minister…
