Power Minister RK Singh (Source: Twitter/@OfficeOfRKSingh) Union Power and Renewable Energy Minister RK Singh on February 2 said the ongoing controversy surrounding the Adani group will not derail India’s green energy plans. Singh’s comment came a day after Adani Enterprises called off a Rs 20,000 crore follow-on public offering (FPO) after it got fully subscribed on the final day. Since last week, investors have lost over $100 billion of market value in the Adani group after US short-seller Hindenburg Research accused the company of using tax havens and flagged debt concerns in a report. “India now has one of the most robust renewable energy capacities in the world. We have at least 15-16 large companies that are of the level of global companies capable of going and investing anywhere. So, this (the Adani controversy) will not impact us in any way. India has some of the biggest companies in renewable energy in the world,” the power minister said in an interaction with … [Read more...] about Adani issue won’t impact India’s green energy mission: Power minister RK Singh
Mission 778x
IMF giving Pakistan tough time in ‘unimaginable’ economic crisis, says PM
ISLAMABAD -Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund was giving his country a tough time over unlocking stalled funding from a $6.5-billion bailout, at a time of “unimaginable” economic crisis. Sharif made the comments in a meeting of civil and military leaders in the northwestern city of Peshawar he chaired to prepare a response to Monday’s mosque bombing that killed more than 100 people. “Our economic situation is unimaginable,” the premier said. “As you know, the IMF mission is in Pakistan, and that’s giving us a tough time,” he said. “You all know we are running short of resources,” Sharif said, adding Pakistan “at present was facing an economic crisis that’s beyond imagination.” IMF’s Pakistan representative did not immediately respond to Reuters request for comment. Sharif made the remarks in the context of funds the country might need for any military or counter-terrorism response to the resurgent Islamist militancy. … [Read more...] about IMF giving Pakistan tough time in ‘unimaginable’ economic crisis, says PM
Budget 2023: The curious case of National Monetisation Pipeline’s omission
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The government’s ambitious plan to monetise fully completed and operational infrastructure to raise funds for financing future projects, National Monetisation Pipeline (NMP), did not find any mention in the Union Budget for 2023-24, leaving sector experts and industry players bewildered. Ahead of the Budget, experts had said that the government may miss FY23's target of raising Rs 1.6 lakh crore by a huge margin but were hopeful of an update from the Finance Minister on February 1. “NMP, the National Monetisation Pipeline, was about offering fully completed and operational infrastructure assets on a PPP basis but was not mentioned,” said Shailesh Pathak, Director, Indian School of Public Policy, saying that it was a notable omission in the budget. On Jan 31, the Economic Survey of 2022-23 … [Read more...] about Budget 2023: The curious case of National Monetisation Pipeline’s omission
Budget 2022: FM focuses on speeding up cargo movement, improving logistics network
Representative Image In her budget speech on Tuesday morning, Finance minister Nirmala Sitharaman reiterated the importance of the PM Gatishakti Mission, which Prime Minister Modi announced on Independence Day last year. This masterplan will oversee all major infrastructure projects across different line ministries. The plan will be used to develop 100 PM Gati Shakti Cargo terminals in the next three years, as Sitharaman said the logistics efficiency is one of the seven engines of the masterplan. The development of multimodal logistics parks, roads, cargo terminals etc. under the Gati Shakti framework is likely to improve pan-India connectivity and reduce the logistics costs. The highway network will be expanded by 25,000 km and Rs 20,000 crore will be mobilised in innovative ways of financing to complement Budgetary resources, the minister said. "The data exchange among all mode operators will be brought on a unified logistics interface platform designed for application … [Read more...] about Budget 2022: FM focuses on speeding up cargo movement, improving logistics network
Budget 2023: Focus on green growth
(Representative image) PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook Finance minister Nirmala Sitharaman made multiple announcements to achieve the goal of green growth and make India a net-zero carbon emission country by 2070. An investment of Rs 19,700 crore in a recently launched National Green Hydrogen Mission is going to help reduce fossil fuel consumption with a target of 5 MMTPA production by 2030. To this end, the government allocated Rs 297 crore for the first year in the budget. Also, for the 13 GW Ladakh renewable energy project,... … [Read more...] about Budget 2023: Focus on green growth
Florida Universities ‘Misreported’ Diversity, Equity And Inclusion Spending, DeSantis Admin Says
Florida universities “under-reported” how much taxpayer money is spent on Diversity, Equity and Inclusion (DEI) and Critical Race Theory (CRT) programming, according to Republican Florida Gov. Ron DeSantis’ administration. Public universities outlined their line-by-line spending to comply with a December request by the Office of Policy and Budget to determine how much taxpayer money was allocated toward these initiatives. “Consequently, the Executive Office of the Governor is working to ensure that a full and truthful compilation of CRT- and DEI-related spending is gathered, and these efforts are ongoing,” Bryan Griffin, DeSantis’ press secretary, wrote in an email sent to the Daily Caller News Foundation. Florida universities “misreported” or “under-reported” the amount they spent on Diversity, Equity and Inclusion (DEI) and Critical Race Theory (CRT) programming on campus, Republican Florida Gov. Ron DeSantis’ administration alleged Thursday afternoon. The state Office … [Read more...] about Florida Universities ‘Misreported’ Diversity, Equity And Inclusion Spending, DeSantis Admin Says
Maximizing Impact: How To Use Influencer Marketing To Drive Action And Achieve Your Goals
Share to Twitter Share to Linkedin Nick Lynch - CEO @ Collidescope.io . In recent years, the rise of social media and the proliferation of content creation platforms have given birth to a new generation of influencers and creators. These individuals and communities have amassed large followings on platforms such as Instagram, YouTube and TikTok, and they have leveraged this reach and engagement to become powerful drivers of marketing, commerce and culture. The result is a booming "creator economy" that is transforming the way businesses and brands connect with consumers and vice versa. Influencer marketing has also become a popular and effective way for nonprofits to reach and engage with their target audience. By partnering with influencers who align with their mission and values, nonprofits can tap into the influencer's large and engaged following to promote their cause and drive action. However, as the influencer marketing industry continues to … [Read more...] about Maximizing Impact: How To Use Influencer Marketing To Drive Action And Achieve Your Goals
“It’s Irresponsible To Not Think About The Way Your Business Impacts Others”
Share to Twitter Share to Linkedin Sydney Montgomery, the 29-year-old founder of education non-profit Barrier Breakers and ed tech company Outline It , has dedicated her career to helping students from diverse backgrounds pursue new opportunities. She’s been an entrepreneur from an early age, having taught piano to her neighbors at the age of 10 years old and later becoming a tutor. Both of Montgomery’s parents received their degrees only after joining the military. She herself was the first person in her own high school to go to Princeton, where she studied English. Later she attended Harvard Law School. In 2018, she launched S. Montgomery Admissions Consulting (now part of Barrier Breakers) with a mission to increase access to, and success in, higher education, for marginalized students. In this Q&A, Montgomery discusses purpose, social impact, and the most important leadership lessons she’s ever learned. Sally Percy: What stops … [Read more...] about “It’s Irresponsible To Not Think About The Way Your Business Impacts Others”
The Festive Silver Oak Release Day Events Are One Of The Keys To Its Success
Share to Twitter Share to Linkedin Twice a year, crowds anxiously line up outside the gates of the Silver Oak Cellars in the heart of Napa Valley. Encompassing an entire spectrum of ages from newly minted twenty-one year old's, to middle-aged families with children in tow, to grey-haired boomers, they are a snapshot of the modern wine lover. Each one anxiously clutches their entry ticket, awaiting the moment the doors swing open, and they can enter. It’s like a bacchanal Willy Wonka Adventure, except instead of five golden tickets found inside candy bars, these drinkers have paid $200 for the opportunity to sample the latest Cabernet being released to the public from a Napa legend. The events have been going on for decades and fly in the face of the notion that wine tasting is a staid affair. Instead, it has helped create a cult-like status around Silver Oak and its award-winning Cabernets. Plus, it created a blueprint for releasing new products that has been … [Read more...] about The Festive Silver Oak Release Day Events Are One Of The Keys To Its Success
China Plans To Build Ground Stations For Satellites In Antarctica
(CTN NEWS) – BEIJING – According to official media on Thursday, China , the third nation after the Soviet Union and the United States to launch a man into space, will construct base stations in Antarctica to support its network of ocean monitoring satellites. Some countries are worried that China’s extensive network of ground stations, which it needs to support an increasing number of satellites and its aspirations for space travel, could be used for spying. China, however, dismisses these claims. Due to “trends” in geopolitics, Sweden’s state-owned space corporation rejected to extend contracts with China or take new Chinese business in 2020. Sweden had previously provided ground stations that assisted Chinese spacecraft in flying and send data. Astronaut Liu Yang waves as she is out of a return capsule of the Shenzhou-14 spacecraft, following a six-month mission on China’s space station, at the Dongfeng landing site in Inner Mongolia Autonomous Region, … [Read more...] about China Plans To Build Ground Stations For Satellites In Antarctica