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Renewable Energy Secretary highlights India’s leadership in Green Hydrogen at World Summit

ROTTERDAM, MAY 16, 2024 (TBB BUREAU): Addressing the prestigious World Hydrogen Summit 2024 in Rotterdam, Netherlands, on May 15, 2024, Secretary of the Ministry of New & Renewable Energy, Government of India,Bhupinder Singh Bhalla, showcased India’s strategic vision and capabilities in renewable energy and green hydrogen production. Highlighting India’s comprehensive approach, Secretary Bhalla emphasized the National Green Hydrogen Mission’s pivotal ...

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India’s Technical Textiles market has huge potential backed by a significant growth rate of 10pc: Textiles Secretary

New Delhi, May 09, 2024 (TBB Bureau): India’s Technical Textiles market has a huge potential backed by a significant growth rate of 10% and placement as the 5th largest technical textiles market in the world, said Rachna Shah, Secretary, Ministry of Textiles while addressing a  national symposium on “Advancements in Composites, Speciality Fibres and Chemicals” in New Delhi on Thursday. ...

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IREDA establishes wholly owned subsidiary in IFSC GIFT City for global green energy finance

New Delhi, May 09, 2024 (TBB Bureau): Indian Renewable Energy Development Agency Ltd. (IREDA) has made a significant stride in its commitment to fostering green financing with the incorporation of a wholly owned subsidiary in the International Financial Services Centre (IFSC) situated in Gujarat International Finance Tec-City (GIFT City), Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary ...

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State Mining Index Initiative unites 26 States for sector optimization and competition

New Delhi, May 08, 2024 (TBB Bureau): Representatives from 26 states convened in a pivotal meeting aimed at creating a State Mining Index, a groundbreaking tool designed to illuminate key aspects of the mining sector’s operational landscape within each state. The meeting, held on Wednesday, served as a platform for stakeholders to delve into the intricacies of fostering an environment ...

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Indian Coast Guard and Jindal Steel & Power forge partnership to enhance indigenous shipbuilding

New Delhi, May 08, 2024 (TBB Bureau): Indian Coast Guard (ICG) and Jindal Steel & Power (JSP)forged a significant partnership on May 7, 2024, in New Delhi with the signing of a Memorandum of Understanding (MoU). This landmark agreement aims to bolster the supply of indigenous marine-grade steel, a move geared towards elevating the indigenous content in shipbuilding endeavors. Under ...

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Mining and quarrying sector records 8pc surge in February 2024

New Delhi, May 02, 2024 (TBB Bureau): The latest data released by the Indian Bureau of Mines (IBM) reveals a significant uptick in the index of mineral production for the mining and quarrying sector in February 2024. Compared to the same period last year, the index stands at 139.6, marking an impressive 8 per cent increase. This surge underscores the ...

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India’s coal production up 7.41pc in April 2024

New Delhi, May 02, 2024 (TBB Bureau): India’s coal production for April 2024 has surged to 78.69 million metric tonnes (MT) (Provisional), marking a significant growth rate of 7.41 per cent compared to the corresponding period in the previous year, which stood at 73.26 MT. This robust growth in coal production underscores the nation’s continued efforts to meet its energy ...

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India and New Zealand forge deeper collaboration in Pharma, Agriculture, and Food Processing industries

New Delhi, May 02, 2024 (TBB Bureau): During the recent visit of India’s Commerce Secretary Sunil Barthwal to New Zealand on April 26-27, both nations engaged in discussions aimed at enhancing collaboration in various sectors to bolster bilateral trade ties. The talks centered around fostering cooperation in areas such as pharmaceuticals, digital trade, and cross-border payment systems, reflecting a mutual ...

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India’s GST revenue hits record high of Rs 2.10 lakh crore in April 2024

New Delhi, May 01, 2024 (TBB Bureau):  Union Finance Minister Nirmala Sitharaman on Wednesday announced that India’s gross GST revenue collection for April this year surged to an all-time high of Rs 2.10 lakh crore. This marks a significant 12.4% year-on-year growth, propelled by robust increases in both domestic transactions, up 13.4%, and imports, up 8.3%. After accounting for refunds, ...

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India’s Critical Mineral Sector: A Beacon for Global Investment

New Delhi, April 30, 2024 (TBB Bureau): Invest India underscored on Tuesday the substantial business prospects for critical mineral processing within the nation to overseas investors, elucidating the fiscal and non-fiscal perks extended to propel advancement in this burgeoning domain. On the conclding day of the critical minerals summit, primary mining states like Odisha and Andhra Pradesh also divulged the ...

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