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Millions Poured Into Olympix Startup as Web3, AI Bond Saddle on Upward Curve: Details
AI-focussed Web3 startup Olympix has raised $4.3 million (roughly Rs. 35 crore) in a seed funding round. With the craze around AI picking pace around the world, industry members from the Web3 sector are pacing to integrate the technology with blockchain. Venture capitalists are also rooting for this combination given the millions they are pouring o...
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$13 Billion Foreign Fund Inflows In Alternative Energy Sector
FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha
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Nuclear Fusion May Still Be Decades Away, but the Latest Breakthrough Could Speed Up Its Development
Nuclear fusion promises the ability to create abundant, clean energy, and researchers have been working towards the process of developing the technology required to harness the power of nuclear fusion for decades. Here's everything you need to know about how close we are to producing energy from fusion that can power people’s homes.
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Australia’s Arkon Energy Bags Millions to Expand Its Green BTC Mining Operations
Australia’s Arkon Energy has managed to raise $28 million (roughly Rs. 228 crore) to expand its eco-friendly BTC mining operations. The company extracts renewable power trapped in electricity markets to sustainably lower its costs.
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Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
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Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
Cryptocurrencies Register Sixth Straight Week of Inflows, Led by Bitcoin: Data
Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares showed.
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Power Finance Corporation Net Profit Records 28% Jump For June-End Quarter
Power Finance Corporation recorded a 28 per cent increase in its net profit for June-end quarter of 2021-22 which stood at Rs 4,554 crore.
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Indian Companies Raise Record $31 Billion Equity Capital In Shrinking Economy
Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion.
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Coal Utilities Seek State Funds Or Tariff Hike To Reduce Emissions
Thermal power companies account for 80 per cent of all industrial emissions of particulate matter, sulphur and nitrous oxides.
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Azure Power Ties Up $470 Million Funding For Projects
The solar energy company said it has tied up approximately $309 million for the project finance of its over 450 MW large-scale utility as well as commercial and industrial solar power projects in the states of Karnataka, Punjab, Andhra Pradesh, Uttar Pradesh and Delhi.
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PM Modi Lands A Record $1 Billion Loan From World Bank For This Pet Cause
The World Bank on Thursday said it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head.
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Markets Have Bottomed Out, Bullish on Metal Stocks: Chintan Haria
Chintan Haria, fund manager ICICI Prudential Mutual Fund, expects stocks in the power utility, banking and metal sectors to perform going ahead.
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Reliance Infra to Sell 49% in Mumbai Power Business to Canadian Fund
Reliance Infrastructure said on Monday it had agreed to sell 49 percent of its Mumbai power operations to Canada's Public Sector Pension Investment Board.
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Centre to Announce Major Reforms in Power Sector Soon: Arun Jaitley
The National Democratic Alliance (NDA) government in the next couple of days will announce a major policy for the stressed power sector, which has been reeling under high debt, Finance Minister Arun Jaitley said today.
-
Millions Poured Into Olympix Startup as Web3, AI Bond Saddle on Upward Curve: Details
AI-focussed Web3 startup Olympix has raised $4.3 million (roughly Rs. 35 crore) in a seed funding round. With the craze around AI picking pace around the world, industry members from the Web3 sector are pacing to integrate the technology with blockchain. Venture capitalists are also rooting for this combination given the millions they are pouring o...
-
$13 Billion Foreign Fund Inflows In Alternative Energy Sector
FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha
-
Nuclear Fusion May Still Be Decades Away, but the Latest Breakthrough Could Speed Up Its Development
Nuclear fusion promises the ability to create abundant, clean energy, and researchers have been working towards the process of developing the technology required to harness the power of nuclear fusion for decades. Here's everything you need to know about how close we are to producing energy from fusion that can power people’s homes.
-
Australia’s Arkon Energy Bags Millions to Expand Its Green BTC Mining Operations
Australia’s Arkon Energy has managed to raise $28 million (roughly Rs. 228 crore) to expand its eco-friendly BTC mining operations. The company extracts renewable power trapped in electricity markets to sustainably lower its costs.
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
Cryptocurrencies Register Sixth Straight Week of Inflows, Led by Bitcoin: Data
Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares showed.
-
Power Finance Corporation Net Profit Records 28% Jump For June-End Quarter
Power Finance Corporation recorded a 28 per cent increase in its net profit for June-end quarter of 2021-22 which stood at Rs 4,554 crore.
-
Indian Companies Raise Record $31 Billion Equity Capital In Shrinking Economy
Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion.
-
Coal Utilities Seek State Funds Or Tariff Hike To Reduce Emissions
Thermal power companies account for 80 per cent of all industrial emissions of particulate matter, sulphur and nitrous oxides.
-
Azure Power Ties Up $470 Million Funding For Projects
The solar energy company said it has tied up approximately $309 million for the project finance of its over 450 MW large-scale utility as well as commercial and industrial solar power projects in the states of Karnataka, Punjab, Andhra Pradesh, Uttar Pradesh and Delhi.
-
PM Modi Lands A Record $1 Billion Loan From World Bank For This Pet Cause
The World Bank on Thursday said it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head.
-
Markets Have Bottomed Out, Bullish on Metal Stocks: Chintan Haria
Chintan Haria, fund manager ICICI Prudential Mutual Fund, expects stocks in the power utility, banking and metal sectors to perform going ahead.
-
Reliance Infra to Sell 49% in Mumbai Power Business to Canadian Fund
Reliance Infrastructure said on Monday it had agreed to sell 49 percent of its Mumbai power operations to Canada's Public Sector Pension Investment Board.
-
Centre to Announce Major Reforms in Power Sector Soon: Arun Jaitley
The National Democratic Alliance (NDA) government in the next couple of days will announce a major policy for the stressed power sector, which has been reeling under high debt, Finance Minister Arun Jaitley said today.
