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EDF India Form JVs with NTPC and Coal India For Hydro, Renewable Energy & Pumped Projects

New Delhi, Feb 24 (KNN) NTPC Limited, India’s largest integrated power utility, and EDF India Private Limited, a subsidiary of the French energy giant EDF, have signed a non-binding Term Sheet to collaborate on developing pumped storage projects, hydro power projects, and hybrid hydro-renewable energy initiatives through Joint Venture Company (JVC).   This new entity...
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Piyush Goyal Sets USD 100 Bn Export Target For India’s Electronics Industry At ELECRAMA 2025

New Delhi, Feb 25 (KNN) Commerce and Industry Minister Piyush Goyal has challenged the Indian electronics and electrical industry to significantly scale up exports to USD 100 billion within the next 5-7 years, highlighting the sector’s remarkable growth trajectory over recent years. Speaking at the 16th Edition of ELECRAMA organised by the Indian Electrical And...
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India’s Defence Exports Hit Rs 23,000 Cr, Target Rs 50,000 Cr By 2029: Defence Minister

Shimla, Feb 25 (KNN) Union Defence Minister Rajnath Singh announced that India’s defence exports have reached Rs 23,000 crore in 2023-24, while the country has achieved 88 percent self-sufficiency in ammunition production.  Speaking at the 16th Foundation Day of IIT Mandi, Singh outlined the government’s ambitious target of increasing defence exports to Rs 50,000 crore...
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Private Industry Must Take Lead In Defence Manufacturing: Admiral Dinesh Tripathi

New Delhi, Feb 25 (KNN) Admiral Dinesh K Tripathi, Chief of the Indian Navy, has described India’s semiconductor policy as ‘essentially new oil for the economy’ that will significantly benefit both civilian and defence sectors, particularly for the technology-driven Navy. Speaking at an event on Monday, Admiral Tripathi emphasised the importance of private sector leadership...
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Budget 2025 – A fine blend of tax reforms and growth

Finance minister Nirmala Sitharaman has delivered a realistic and positive punch to keep the economy progressing, especially with a strong push to boost urban consumption, at a very crucial time of challenges globally and domestically. The biggest positive of Budget 2025 is the reduction of taxes for the middle class, which leaves more money in...

‘Personal income tax buoyancy helped to offer relief; states may have deregulations as conditions for capex loans’

In a post-budget interview with Mint, Pandey also said the government’s push for deregulation could see them being implemented as mandatory reforms, which states are required to implement to qualify for a share of the Centre’s 50-year interest-free capex loans. Meanwhile, the 16th Finance Commission, headed by economist Arvind Panagariya, will give guidance on the...

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