 "At the 4th RE-Invest Summit, India commits 6 billion to renewable energy, aiming for 500 GW capacity by 2030.")
At the 4th RE-Invest Summit, Union Minister Pralhad Joshi announced that banks and financial institutions have pledged nearly $386 billion to renewable energy projects in India. Since 2014, India’s renewable energy capacity has surged by 175%, with solar capacity increasing 33 times. The country aims to reach 500 gigawatts of renewable energy by 2030, surpassing ...
 "Elon Musk’s controversial comments follow a second assassination attempt on Trump, igniting outrage and debate over political violence.")
Elon Musk, the CEO of Tesla and a known supporter of Donald Trump, made headlines recently after reacting to another assassination attempt on the former president. Musk questioned on social media why there appears to be no threats against President Joe Biden or Vice President Kamala Harris, a comment that sparked significant backlash online. The ...
 "India faces a dire skills gap in engineering, endangering economic growth as 90% of graduates struggle for employment.")
India produces around 1.5 million engineering graduates each year, but a significant employability gap exists. Only about 60% of these graduates are likely to find jobs, with just 45% meeting the skill requirements set by employers. This shortfall is due to a skills gap, particularly in advanced technologies and industries such as AI, robotics, and ...
 "PwC faces a record penalty in China for audit failures, prompting substantial investments to rebuild trust and ensure sustainability.")
PwC is making significant investments to enhance its business quality and sustainability in China following a recent record penalty. The firm faced a six-month suspension and a hefty fine of 441 million yuan (approximately $62 million) due to its involvement in the audit of the troubled property developer, China Evergrande Group. Chinese regulators accused Evergrande ...
 "Amid massive investments, India’s semiconductor strategy falters, struggling with objectives and workforce shortages in a complex global market.")
India is investing significantly in its semiconductor industry, with plans to allocate up to $21 billion to boost production. However, a clear strategy is needed to ensure effective use of these funds. The government aims for self-reliance, but achieving true semiconductor independence is unrealistic, even for powerhouses like the U.S. Instead of focusing solely on ...
 "Gunfire erupts near Trump during his Florida golf outing, prompting urgent investigations and shifting the election’s dramatic landscape.")
A dramatic incident occurred at Trump Golf Club in Florida when Secret Service agents confronted a rifle-wielding suspect while former President Donald Trump was on the course. This event follows another shooting incident where Trump was injured at a Pennsylvania rally just two months prior. In the aftermath, Trump reassured supporters that he was safe ...
 "MTNL, struggling financially for years, relies on government support again for a critical bond interest payment due September 24.")
Mahanagar Telephone Nigam Limited (MTNL), a state-run telecom company, is facing financial difficulties and has struggled with losses almost every year since 2008, with only one profitable year in 2013-14. The government has announced that it will step in to cover MTNL’s upcoming interest payment on bonds due on September 24. Recently, MTNL communicated that ...
 "At the Kisan Mahapanchayat in Haryana, farmers declared neutrality in elections, focusing on uniting against government injustices and strengthening their movement.")
Farmers gathered at the Kisan Mahapanchayat in Uchana, Haryana, on September 15, 2024, to discuss their ongoing movement rather than political support. Organized by the Bharatiya Kisan Naujawan Union, the event saw participation from a large number of farmers from Haryana, Punjab, and beyond. Farmer leader Jagjit Singh Dallewal emphasized that their focus is on ...
 "Bajaj Auto’s Rakesh Sharma discusses the surge in electric scooter sales, challenging startup rivals’ predictions about the demise of ICE vehicles.")
Bajaj Auto is experiencing a significant surge in electric scooter sales, driven by the launch of models priced below Rs 1 lakh and an expanded distribution network. Rakesh Sharma, the executive director, shared insights in an email interview about the company’s ambitious plans for the electric vehicle (EV) Market. He addressed concerns raised by competitors ...
 "India scrapped minimum export prices on key commodities, aiming to boost farmer incomes and curb inflation before crucial elections.")
The Indian government recently made significant changes to its export policies to stabilize farm prices and manage inflation ahead of upcoming state elections in Haryana, Jharkhand, Jammu & Kashmir, and Maharashtra. Notably, the minimum export price on onions was eliminated, dropping from $550 per tonne. Additionally, the export duty on onions was reduced from 40% ...
