Indian state refiners settled oil trade with Russia in United Arab Emirates dirhams after the government advised them against the use of the Chinese yuan, though private refiners are still paying in yuan owing to a lack of alternatives
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The order is for IWL’s latest 3 MW Wind Turbine Generators (WTGs) and the scope comprises of a mix of equipment supply with limited scope EPC for 180 MW and end-to-end turnkey execution for 99 MW
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This extension comes as a response to a staggering 100 per cent increase in the estimated cost of the mega project, soaring to nearly Rs 11 trillion, and is attributed to the deceleration of implementation and financial constraints faced during the course of the initiative
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The expansion of coal-based capacity is especially significant in light of the country's escalating electricity consumption, with peak power demand reaching an all-time high of 243.27 GW in September 2023
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The regulatory disclosure by Adani Power on Sunday highlighted the receipt of the LoI from the resolution professional on the preceding Saturday, subsequent to the approval of the resolution proposal by the committee of creditors of Coastal Energen
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Tier one cities displayed resilience, with evident rises in rental prices and increased utilisation of office space. In sharp contrast, tier two cities observed substantial workforce migrations driven by a more affordable cost of living, enhanced work-life balance, and accessible housing choices
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The Reserve Bank of India allowed importers to pay in rupees and exporters to receive payments in rupees on July 11, 2022
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Concerns were raised after two India-bound warships were targeted by drones during the Israel-Hamas conflict
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