CERC extends solar hour access deadline for renewable projects

A renewable energy generating station (REGS) operating with or without an energy storage system (ESS) can now become an entity with solar hour access for a longer length of time, according to the Central Electricity Regulatory Authority (CERC). Solar Hour Access Rules This expansion also applies to renewable hybrid generating stations (RHGS) that combine solar … Read more

Microsoft, Google & Amazon Bet Big on India’s AI Future

India is quickly rising to the top of the list for significant investments in artificial intelligence. The most powerful corporations in the world, including Big Tech giants like Amazon, Google, Microsoft, and others, are lined up at India’s door to place enormous bets on the nation’s youthful population and potential for digital innovation. The nation … Read more

Metal Stocks Surge as Silver Hits Record High on Fed Rate Cut Hopes

Silver Prices Crash 7.8% Amid US-Iran Tensions

As investors increasingly anticipate that the US Federal Reserve will announce a rate drop following the end of its FOMC meeting later today, the shares of metal businesses increased in trade on December 10. A US rate decrease would lower borrowing rates for international investors, enticing them to put money into India’s faster-growing markets. Metal … Read more

Private Banks May Command Higher Valuations Than PSUs: UTI AMC

According to Karthikraj Lakshmanan, Senior Vice President and Fund Manager-Equity at UTI AMC, who spoke with Moneycontrol, private banks will continue to increase their market share in the long run since they have been investing in technology more quickly and their profitability indicators have improved. As long as this concept is valid, private banks could … Read more