Friday, Apr 19 2024 | Time 13:40 Hrs(IST)
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Business Economy


Govt to replace all street lights with LED bulbs in next two years: Goyal

Bangalore, Aug 27 (UNI) Government will replace all street lights of the country with LED bulbs in next two years under efficient lighting programme, Power Minister Piyush Goyal said today. Addressing the first foundation day celebrations of the Association of Renewable Energy Agencies of the States (AREAS) in Bengaluru Mr Goyal said Karnataka should join hands with the central government in its energy efficiency programmes. Mr Goyal said the central government expects Karnataka to be in top five in the implementation of new and renewable energy programmes. India has the target of producing 1,75,000 MW and Renewable energy in next five years. The government also launched Solar Mission to generate 1 lakh MW solar power in the country. Similarly, wind mission targeted at 75,000 MW power generations. Addressing the meet State Energy Minister D. K Shivkumar said Karnataka has huge potential for hydro projects but water conflicts between states are hindering the developments of these projects. The minister said the central government should interfere in this issue and help getting clearance for hydro projects for the growth of New and Renewable energy sector. Mr Goyal also presented awards for representatives from 21 states for showing excellence in New and Renewable Energy sector. UNI ABI SY RJ 1955
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NTPC green energy inks MoU with Indus Towers

NTPC green energy inks MoU with Indus Towers

19 Apr 2024 | 12:05 PM

Mumbai, Apr 19 (UNI) NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on Friday signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI’s efforts towards a carbon-neutral economy.

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Rupee opens record low at 83 55 against USD

Rupee opens record low at 83 55 against USD

19 Apr 2024 | 11:50 AM

Mumbai, Apr 19 (UNI) The rupee on Friday opened at a record low of 83.55, declining three paise amid geographical tension between Israel and Iran and rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.

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Sensex drops over 500 points

Sensex drops over 500 points

19 Apr 2024 | 11:31 AM

Mumbai, Apr 19 (UNI) The equity market continued to fall for the fifth consecutive session on Friday as BSE Sensex crashed 539 points to open below 72K at 71,949.65 amid heightened geographical tension, triggering a massive selloff of global equities.

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USD up ; Euro,Pound down

19 Apr 2024 | 10:08 AM

Mumbai, Apr 19 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

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Severe coal crisis: RINL to call for global tenders to procure 1 50L tons coal

18 Apr 2024 | 7:29 PM

Visakhapatnam (Andhra Pradesh), Apr 18 (UNI) In the backdrop of severe Coal crisis due to the ongoing strike at Adani Gangavaram Port Limited (AGPL),Rashtriya Ispat Nigam Limited (RINL) - Visakhapatnam Steel Plant (VSP), has embarked on a relentless mission to secure the crucial raw material of coal, which is essential for its safe and sustained operations.

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