Indian renewable energy companies have shown a capability to withstand generation shortfalls in wind projects due to their diversified portfolios in solar projects, states a recent report by Moody’s. The report emphasizes that rated issuers possess strong credit metrics to absorb moderate underperformance in projects. Furthermore, the credit quality of these companies is bolstered by…
Over 300 universities in India will have the option to implement the Four-Year Undergraduate Programme (FYUP) starting from the upcoming academic session. However, it will not be mandatory as students can choose between the FYUP or the traditional three-year undergraduate program. The University Grants Commission (UGC) has stated that students pursuing the FYUP will receive…
Union Commerce Minister Piyush Goyal has called for collaboration among the governments of G7 nations to establish a regulatory framework that promotes the smooth movement of supply chains and facilitates cross-border trade. Goyal made this appeal during his participation in the G7 Trade Ministers’ Meeting in Osaka, Japan. The G7 is a political forum comprising…
India and Kazakhstan are set to embark on a 13-day joint military exercise in the Kazakh military base of Otar, commencing on Monday. The aim of this mega wargame is to enhance their counter-terrorism cooperation. The Indian contingent, consisting of 120 personnel from the Army and the Indian Air Force, departed for Kazakhstan on Sunday…
UltraTech, one of the leading cement manufacturers, has recently announced a significant investment of Rs 13,000 crore. This investment aims to increase the company’s production capacity by 21.9 million tonnes per annum in the third phase of its growth. Upon completion, UltraTech’s total capacity will reach 182 million tonnes per annum (MTPA). The decision was…
Elon Musk Abandons FAA Program Aimed at Camouflaging Private Jet Travels Elon Musk, the CEO of Tesla, has reportedly ceased taking advantage of a Federal Aviation Administration (FAA) program designed to help conceal his air travels. According to aircraft-tracking company JetSpy, Musk signed up for the program in January 2022, which allows private jet owners…
Australia Dominates New Zealand in World Cup Match with Record-Breaking Score In a highly anticipated World Cup match, Australia showcased their batting prowess by amassing a mammoth total of 388 runs in 49.2 overs against New Zealand. This outstanding performance left cricket fans in awe and established Australia as formidable contenders in the tournament. Travis…
Menopause, typically seen as a normal occurrence in humans, has been found to have a peculiar aspect when observed in wild animals. Researchers have identified menopausal symptoms in only six mammal species, most of which live in aquatic environments. Human beings exhibit unique behaviors compared to other species. We have developed social structures and achieved…
Axis Bank emerged as the top performer in the Sensex pack, witnessing a significant rise of 3.07%. Reliance Industries also experienced heavy buying, surging by 1.75%. However, Asian Paints, Ultratech Cement, and ITC struggled to keep up. The equity benchmark indices, Sensex and Nifty, managed to break their six-session losing streak and rebounded over 1%….
After the solar eclipse earlier this month, a lunar eclipse is scheduled to occur on October 28, 2023. This partial eclipse will be visible from most parts of the world. The last lunar eclipse took place on November 8, 2022, and was a total eclipse. The next one is set to occur on September 17,…
