JSW Energy added 1.36% to Rs 678.90 after the company’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for ISTS connected solar capacity of 700 MW.
Posts in category Business Standard
Dollar Index surpasses 104 mark (23-10-2024)
The US dollar index surpasses 104 mark on Wednesday tracking elevated US treasury yields amid easing expectations of an aggressive Federal rate cut as against earlier notion. Cautiousness ahead of US Presidential elections around the corner coupled with rising tensions in Middle East are keeping safe haven demand intact. Investors and traders look ahead to Fed speakers, US PMIs and beige book for further cues this week. The US dollar index that measures the greenback against a basket of currencies was quoting at its highest level in over two and half months at 104.02, up 0.10% on the day whereas treasury yields are seen elevated above 4.2%. Among basket currencies, EURUSD and GBPUSD were trading at $1.08 and $1.29 respectively. Meanwhile, the Japanese yen dropped to a near 3-month low tracking gains in the dollar overseas.
Dollar Index surpasses 104 mark (23-10-2024)
The US dollar index surpasses 104 mark on Wednesday tracking elevated US treasury yields amid easing expectations of an aggressive Federal rate cut as against earlier notion. Cautiousness ahead of US Presidential elections around the corner coupled with rising tensions in Middle East are keeping safe haven demand intact. Investors and traders look ahead to Fed speakers, US PMIs and beige book for further cues this week. The US dollar index that measures the greenback against a basket of currencies was quoting at its highest level in over two and half months at 104.02, up 0.10% on the day whereas treasury yields are seen elevated above 4.2%. Among basket currencies, EURUSD and GBPUSD were trading at $1.08 and $1.29 respectively. Meanwhile, the Japanese yen dropped to a near 3-month low tracking gains in the dollar overseas.
Jyoti Structures spurts on bagging order worth Rs 450 cr from Adani Energy Solutions (23-10-2024)
Jyoti Structures gained 4.61% to Rs 31.79 after the company said that it has received a letter of acceptance from Adani Energy Solutions for a project worth Rs 450 crore in Navinal, Gujarat
India’s energy consumption projected to spurt from 5.4 million barrels per day to 7 million barrels per day by 2030 (23-10-2024)
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India’s energy consumption projected to spurt from 5.4 million barrels per day to 7 million barrels per day by 2030 (23-10-2024)
Powered by Capital Market – Live News
TRAI releases paper on Terms and Conditions of Network Authorisations to be Granted Under Telecom Act (23-10-2024)
The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on ‘the Terms and Conditions of Network Authorisations to be Granted Under the Telecommunications Act, 2023’. The Department of Telecommunications (DoT), through a letter dated 26.07.2024, informed TRAI that the Telecommunications Act, 2023 has been published in the Official Gazette of India; Section 3(1)(b) of the Act provides for obtaining an authorisation by any person intending to establish, operate, maintain or expand telecommunication network, subject to such terms and conditions, including fees or charges, as may be prescribed. Through the said letter dated 26.07.2024, DoT, under Section 11(1)(a) of the TRAI Act 1997, requested TRAI to provide its recommendations on terms and conditions, including fees or charges, for authorisation to establish, operate, maintain or expand telecommunication network as per the provisions of the Telecommunications Act, 2023.
TRAI releases paper on Terms and Conditions of Network Authorisations to be Granted Under Telecom Act (23-10-2024)
The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on ‘the Terms and Conditions of Network Authorisations to be Granted Under the Telecommunications Act, 2023’. The Department of Telecommunications (DoT), through a letter dated 26.07.2024, informed TRAI that the Telecommunications Act, 2023 has been published in the Official Gazette of India; Section 3(1)(b) of the Act provides for obtaining an authorisation by any person intending to establish, operate, maintain or expand telecommunication network, subject to such terms and conditions, including fees or charges, as may be prescribed. Through the said letter dated 26.07.2024, DoT, under Section 11(1)(a) of the TRAI Act 1997, requested TRAI to provide its recommendations on terms and conditions, including fees or charges, for authorisation to establish, operate, maintain or expand telecommunication network as per the provisions of the Telecommunications Act, 2023.
Retail inflation for farm, rural workers rise in September (23-10-2024)
Retail inflation for farm workers and rural labourers increased to 6.36 per cent and 6.39 per cent, respectively, in September from 5.96 per cent and 6.08 per cent in August this year. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 7 points each in September 2024, reaching levels of 1,304 and 1,316 points, respectively, a labour ministry statement said on Tuesday. The CPI-AL and CPI-RL were 1,297 points and 1,309 points in August 2023.
Retail inflation for farm, rural workers rise in September (23-10-2024)
Retail inflation for farm workers and rural labourers increased to 6.36 per cent and 6.39 per cent, respectively, in September from 5.96 per cent and 6.08 per cent in August this year. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 7 points each in September 2024, reaching levels of 1,304 and 1,316 points, respectively, a labour ministry statement said on Tuesday. The CPI-AL and CPI-RL were 1,297 points and 1,309 points in August 2023.