Wed, Nov 20, 2024 6:25 PM
Marico share price tank nearly 20% from 52-week high; what’s the way ahead?
A Flip by Avya Verma
NTPC Green will primarily invest in solar capacities to reach its 60 GW renewable energy target, which it plans to achieve two years in advance by 2030, said NTPC Ltd CMD Gurdeep Singh. “We are more bullish on solar than wind energy. This is because solar is available throughout the year, about 340 days a year. On the other hand, wind is available in some parts of the country."
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India's steel sector faces profitability concerns due to dumping, depressing global prices, and may require an anti-dumping duty. Industry inventory levels have increased from 15 to 30 days, driven by a 41% year-on-year surge in imports in H1FY25. To avoid becoming a net importer by 2030, India needs Rs 10 lakh crore in private investment to increase capacity by 120 million tonnes.
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The adoption of global carbon market standards at COP29 paves the way for a new international carbon market under Article 6.4 of the Paris Agreement, promoting mitigation activities and emission reduction. The mechanism is designed to restore credibility in the carbon market by generating high-integrity emission reductions.
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