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BUSINESS

Govt's energy platform to back 30 energy deep‑tech startups
BUSINESS

Govt's energy platform to back 30 energy deep‑tech startups

New Delhi, Aug 21 — MC²+ -- the energy innovation platform under the Ministry of Petroleum & Natural Gas -- has launched MC²+ Ignite, a sector-specific accelerator programme that will select approximately 30 deep‑tech startups and offer milestone‑linked convertible funding of up to Rs 2 crore…

Solar expansion in China causes bird diversity decline: Report
WORLD

Solar expansion in China causes bird diversity decline: Report

New Delhi, Aug 21 — Rapid expansion of solar farms in China is linked to a reduction in bird diversity as cropland and grassland are cleared for development, a new report has said, calling the trend a green dilemma that pits carbon reduction against conservation.Both resident and migratory bird…

PSU banks offer highest alpha potential over medium term: Report
BUSINESS

PSU banks offer highest alpha potential over medium term: Report

New Delhi, Aug 21 — India’s banking sector offers the most compelling opportunity in equity markets, led by public sector banks, which have the strongest alpha‑generation potential over the medium term, a report said on Friday.The report from OmniScience Capital said the firm remains overweight on…

India, Brazil sign ICT MoU to deepen digital, telecom cooperation
WORLD

India, Brazil sign ICT MoU to deepen digital, telecom cooperation

New Delhi, Aug 21 — India and Brazil have signed a memorandum of understanding to deepen cooperation in telecommunications and information and communications technologies (ICTs) on the sidelines of the BRICS ICT Track Meeting, the Department of Telecommunications said on Friday.The agreement will…

India's private sector output growth rises to 54.6 in Aug: PMI data
BUSINESS

India's private sector output growth rises to 54.6 in Aug: PMI data

New Delhi, Aug 21 — India's private sector activity expanded at a slightly faster pace in August, supported by a rebound in services growth while manufacturing activity continued to expand, according to the HSBC Flash India PMI data released on Friday.According to the data, the HSBC Flash India…