India’s solar and wind deployment is forecast to jump more than 30% in 2024, a pace still not fast enough to meet its clean energy goal of 500 gigawatts by the end of this decade. Capacity in 2024 is expected to rise by a record 16.7 gigawatts from nearly 13 gigawatts last year, driven by falling solar module prices and increasing clean energy procurement by industries, BloombergNEF said.

The city corporation council has approved the draft master plan 2040 amidst a heated exchange between the ruling front and BJP councillors on Wednesday. For the time being, the corporation will not bring in the recommended regulations for the construction of multi-storied buildings according to the width of the roads.

If you are planning to invest your hard-earned money before March 31, 2024, to save some tax, you must be looking for suitable options. Among the fixed income instruments, tax-saving fixed deposits (FDs) are one of the investment options that will offer a deduction of up to Rs 1.5 lakh under Section 80C of the Income-tax Act, 1961.

Edible oil prices in India are likely to spurt by the middle of the year as a global supply shortfall and higher freight rates due to the Red Sea crisis may impact imports to the country. Edible oil prices are currently ruling lower than last year, with increased availability from good carryover stock. But industry experts reckon that the situation could change in a few months.

India's market regulator has asked money managers to consider restricting one-off investments from clients in small- and mid-cap stock mutual funds and cut commissions offered for their sale, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI) communicated this to the money managers in a meeting earlier this month.

Mutual fund industry trade body AMFI has laid out the detailed guidelines on stress tests that smallcap and midcap schemes will have to undertake. The February 28 late evening communication came in the trail of a letter that the Association of Mutual Funds of India (AMFI) had sent out to all mutual fund (MF) houses on February 27, alerting them about instructions from the capital market regulation

Shares of BEML recovered from the day's low of Rs 3,172 on NSE, after the company bagged an order worth Rs 72.71 crore from Eastern Coalfields Limited for BH100 Rear dumper. At 2:11 pm, the stock was trading at Rs 3,215.55 on the National Stock Exchange (NSE), down 0.6 percent from the previous close. So far in the day, a total of three lakh BEML shares changed hands on the BSE and NSE combined.

German sports apparel company Puma plans to return up to 50% of its net income to shareholders, it said on Thursday The company will now return between 25-40% of the Group's net income in dividends, up from 25-35%, the statement said. The first tranche of a share buyback programme will begin in March 2024 and end on May 6 2025, the statement added.

NPS vs equity mutual funds: Both Equity Mutual Funds (MFs) and the National Pension System (NPS) are tools to create wealth in the long term. The choice between NPS and equity MFs depends on various factors, including your financial goals, risk tolerance, investment horizon, investment preferences, and tax benefits. Both NPS and equity mutual funds have their advantages and disadvantages.

After crashing for the last three straight sessions, selling in Vodafone Idea shares paused on Thursday. Vodafone Idea share price today bounced back from its intraday low of ₹13.40 apiece on NSE and came close to ₹14 apiece levels. However, the telecom stock failed to sustain at higher levels and retraced from the intraday highs and once again came around ₹13.65 apiece levels.

V R Infraspace IPO price band has been set at ₹85 apiece of face value of ₹10 each. V R Infraspace IPO will open for subscription on Monday, March 4, and close on Wednesday, March 6. V R Infraspace IPO lot size consists of 1,600 shares. Investors can bid for a minimum of 1,600 shares and in multiples thereof. The issue price is 8.50 times of the face value.

New Delhi Municipal Council (NDMC) on Tuesday sealed five more shops as a continuation of its action against shops in Connaught Place for property tax default. Two were desealed later. With this action, the total number of shops that NDMC sealed in CP reached 20 from last week onwards, although 10 shops have been desealed after their occupants made interim payments.

Barclays Plc struck a $1.1 billion deal with Blackstone Inc. this week to offload risks in its US credit-card business while still managing the accounts of its own customers. This obscure-sounding trade touches only a small part of its $32 billion US card book business, let alone the bank as a whole. But it is part of a growing trend of risk-transfer deals mainly by European banks.

Haryana Shahari Vikas Pradhikaran (HSVP), the state’s urban planning agency, has put on sale 18 group housing plots worth approximately Rs 1,700 crore in Gurugram and nearby cities, officials aware of the matter told Moneycontrol. They said that these group housing plots are located in Gurugram, Hisar, Rohtak and Panchkula and Pinjor and will be allotted through an e-auction on March 4.

Mayor Sudheer Shetty Kannur said the council meeting, scheduled on Thursday, will discuss the hike in property tax and take a decision to ensure that citizens are not burdened with the hike. At the phone-in programme organised at the Mayor’s chamber on Wednesday, a caller from Bejai said that the property tax under SAS has been hiked by 70%.