Moody’s Investors Service cut its rating on China’s debt for the first time since 1989, challenging the view that the nation’s leadership will be able to rein in debt while maintaining the pace of economic growth.
Saurabh Agrawal, the newly appointed group chief financial officer of Tata Sons Ltd who is known for his investment banking acumen, may find in Tata Power Co. Ltd an ideal candidate for a restructuring exercise.
From expressways in Uttar Pradesh to road tunnels in Jammu and Kashmir, large infrastructure projects are showcased by state governments as examples of development politics
India ranked 26th in ‘getting electricity’ to do business and not universal electricity for its population, as widely understood following Power Minister Piyush Goyal’s comments on World Bank’s assessment of the country’s electrification efforts, a BOOM fact check revealed.
A new tariff war is playing out in the Indian solar power space. Tariffs plunged to a new low of Rs2.44 per kilowatt-hour (kWh) last week during an auction for 500 megawatt (MW) capacity at the Bhadla solar park in Rajasthan.
India may be emerging as a leading light in renewable energy capacity additions, but the pace of transformation is unsettling the stakeholders.
Bonn, Germany: Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday.
In a move aimed at reducing congestion and waiting time of commuters at toll plazas, global payments technology firm Visa has launched a proof-of-concept (PoC) to showcase contactless toll payments at National Highway Authority of India’s (NHAI) Manesar toll plaza.
China and India have surpassed the United States to become the two most attractive countries for renewable energy investment, a report by UK accountancy firm Ernst & Young showed on Tuesday.
India’s potential plan to sell only electric cars by the end of next decade would require nearly eight times the global stock of such vehicles, according to the International Energy Agency.