Solar alliance push: India-led ISA to stay course with 125 members after US exit, focus remains on climate goals

India-led International Solar Alliance (ISA) will continue working with its 125 member and signatory countries to advance solar energy deployment and climate objectives, official sources said, after the United States withdrew from the initiative, PTI reported.The Gurugram-headquartered ISA, a joint initiative of India and France, was launched on the sidelines of the COP21 climate summit…

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Gas market push: NSE in talks with IGX to launch Indian natural gas futures; aim to deepen price discovery and hedging

The National Stock Exchange (NSE) is in discussions with the Indian Gas Exchange (IGX) to develop and launch Indian natural gas futures, an initiative aimed at strengthening the country’s natural gas market ecosystem, PTI reported.The proposed futures contract is expected to provide market participants with a transparent, efficient and robust risk management tool aligned with…

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Rupee watch: Currency slips to 89.94 against dollar; crude rise, FII outflows and tariff worries weigh

The rupee weakened by 7 paise to close at 89.94 (provisional) against the US dollar on Thursday, pressured by higher crude oil prices, sustained foreign fund outflows and a firmer greenback, PTI reported.Forex traders said the local unit also faced headwinds from renewed concerns over potential US tariff action and weak sentiment in domestic equities….

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Air India fleet revamp: Airline takes first custom-made Dreamliner post-privatisation; wide-body induction gathers pace

Air India has taken delivery of its first Boeing 787-9 Dreamliner since returning to private ownership, signalling steady progress in the Tata Group-led overhaul of the airline’s long-haul fleet, PTI reported citing an official.The aircraft, handed over at Boeing’s Everett facility in Seattle on January 7, is the first “line fit” Dreamliner built specifically for…

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