Revolutionizing Rural Livelihoods: The MoRD-JioMart Partnership
The collaboration also focuses on digitizing the operations of SHGs, aligning with the ‘Make in India’ initiative. This effort aims to transform the digital retail ecosystem in India, contributing to the empowerment and growth of millions of SHGs.
RBI’s Proactive Measures to Safeguard Against Indirect Loan Risks
The central bank’s latest directive, aimed at curtailing the practice of “evergreening” of loans, marks a significant shift in the regulatory landscape of India’s financial sector.
The Electric Highway: Tata Power and IOCL Set Up 500+ Charging Stations
The company’s network spans more than 420 cities across India, offering a variety of charging solutions, including over 62,000 home chargers, 4,900 public and semi-public charging points, and 430 bus charging stations.
Reliance and DBS Bank Forge Path to Sustainable Energy with 100 CBG Plants
The initiative plans to use over 5.5 million tonnes per annum of agricultural residue and organic waste, leading to a projected reduction of nearly 2 million tonnes of carbon dioxide emissions annually.
The Dawn of Digital Trade: India and Korea Launch EODES
The India-Korea Electronic Origin Data Exchange System (EODES) was officially launched on December 6, 2023, marking a significant step in the trade relations between India and South Korea
ADB and India Partner for $250 Million Industrial Corridor Enhancement
This initiative is a continuation of the support provided by ADB for India’s industrial development, following a similar $250 million loan approved in October 2021.
SBI and ArSRLM Collaborate to Boost Financial Services for SHGs
This initiative is particularly geared towards 12,000 SHGs that have been fostered under the Deendayal Antyodaya Yojana National Rural Livelihood Mission (DAY-NRLM) in the state.
India’s Solar Sector Heats Up: BluPine’s ₹1,700 Crore Acme Acquisition
The acquisition marks a major expansion for BluPine Energy, adding 312 megawatts of solar capacity to its portfolio. BluPine Energy was established in 2021 and has quickly grown its capacities through acquisitions, now boasting a renewable capacity of 1.8 gigawatts.
Apple’s Big Move: Foxconn to Start iPhone Production in Karnataka by 2024
Foxconn’s total investment in the facility now stands at approximately $2.7 billion. This includes the recent approval of an additional $1 billion specifically for the production of Apple products
Indian Oil and EKI Energy Join Forces for ‘Surya Nutan’, Revolutionizing Solar Cooking
Indian Oil Corporation Ltd. (IOCL), India’s largest fuel refiner and retailer, has recently collaborated with EKI Energy Services Ltd., a global carbon credit developer and supplier, to promote ‘Surya Nutan’, a pioneering indoor solar cooking system developed by IndianOil