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Govt in discussion with World Bank for collaboration on coal mine closure framework

by AIP Online Bureau | Apr 13, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Coal Additional Secretary M Nagaraju said both renewable energy (RE) and coal will go hand in hand complementing each other for some more time and then RE will take over the energy security of the country The ministry had earlier said it is in the process of...

Six charred to death after blast at Indian chemical plant

by AIP Online Bureau | Apr 11, 2022 | Disaster & Management, Indian News, Non-Life

Ahmedabad: A massive blaze touched off by an explosion at a chemicals plant in India’s western state of Gujarat charred to death at least six people before it was brought under control, authorities said on Monday. The blast on Sunday night took place in a hub...

For 3rd quarter in row, startup funding crosses $10 bn in Q1, creates 14 unicorns

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Technology

Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report Amit Nawka, the startups leader at the consultancy, told PTI that despite uncertainties in the global economic...

FPIs turn net buyers in April so far; invest Rs 7,707 cr in equities

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, said the inflow indicates that maybe foreign investors are almost done with the recalibration exercise of their portfolios owing to the current scenario. Also, the recent correction...

India-Gold imports surge to USD 46.14 bn in 2021-22

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

India is the world’s second-biggest gold consumer after China. The imports are largely driven by the jewellery industry. The gems and jewellery exports during 2021-22 grew by about 50 per cent to about USD 39 billion India’s gold imports, which have a...
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