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Top related persons:
Mukesh Gupta - 3 Sarita Chaganti Singh - 2 Narendra Modi - 1 Vinay Mohan Kwatra - 1 Kwatra - 1 Jacqueline Wong - 1 Miral Fahmy - 1 Barbara Lewis - 1
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Jammu DELHI India China Dubai France United States COP28
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REUTERS - 3 Thomson - 3 India's - 1 United Nations - 1 Renewable - 1 Trade - 1 Trade Organisation - 1 Jindal Stainless Ltd - 1

Search resuls for: "Mukesh Gupta"


4 mentions found


☆ Emerging world needs climate finance and to burn coal, India says
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Mukesh Gupta/File Photo Acquire Licensing RightsNEW DELHI, Nov 30 (Reuters) - Emerging economies need climate finance, help with technology and the right to pursue development, India's Prime Minister Narendra Modi said on Thursday before leaving for the UN climate summit in Dubai. The COP28 summit opened in Dubai on Thursday for two weeks of talks. Emerging powers, including India and China, often blame the developed world for having used more than its share of the available carbon resources. Earlier on Thursday, Foreign Secretary Vinay Mohan Kwatra said coal would remain India's main source of energy for years to come. "Coal is, and would, remain an important part of India's energy needs," he told reporters.
Persons: Mukesh Gupta, Narendra Modi, Vinay Mohan Kwatra, Kwatra, Sarita Chaganti Singh, Jacqueline Wong, Miral Fahmy, Barbara Lewis Organizations: REUTERS, India's, Reuters, Thomson Locations: Jammu, DELHI, Dubai, India, China, France, United States, COP28
☆ India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025 -sources
  + stars: | 2023-09-26 | by ( Sarita Chaganti Singh | ) www.reuters.com   time to read: +3 min
REUTERS/Mukesh Gupta/File Photo Acquire Licensing RightsNEW DELHI, Sept 26 (Reuters) - India will set carbon emission reduction targets for four fossil fuel dependent sectors, as the Asian country looks to align its industry with the country's greenhouse emissions reduction target, two government officials said. The market trading cycle will be annual, they said. Companies which exceed their targets earn carbon credits that can be sold to firms which fall short of their goals. The carbon credits will be traded on the proposed carbon market provided under a legislation cleared by the Indian Parliament in December last year. The targets for reducing each sector's emissions are being set by a committee comprising of key ministries such as environment, power and renewable energy.
Persons: Mukesh Gupta, Adani, Gautam Adani, Sarita Chaganti Singh, Michael Perry Organizations: REUTERS, Reuters, United Nations, Renewable, Thomson Locations: Jammu, DELHI, India
☆ Exclusive: India to reject call for anti-subsidy tax on certain Chinese steel products
  + stars: | 2023-07-13 | by ( Nikunj Ohri Shivangi Acharya | Nikunj Ohri | Shivangi Acharya | ) www.reuters.com   time to read: +3 min
REUTERS/Mukesh Gupta/File PhotoNEW DELHI, July 14 (Reuters) - India will not impose countervailing duty (CVD) on select steel products imported from China despite a recommendation from trade officials and lobbying from local steel manufacturers, a government source told Reuters. The decision by the finance ministry aims to protect steel consuming firms from higher prices even though it could hurt local steel manufacturers, the source said. In April DGTR - which is India's trade ministry's arm that investigates unfair trade practices - recommended CVD on some stainless steel flat products. The finance ministry has rejected the recommendation despite steel purchases from China touching a six-year high in April-May period, with imports rising 62%. India's finance and trade ministry did not immediately reply to emails sent after office hours.
Persons: Mukesh Gupta, Nikunj Ohri, Conor Humphries Organizations: REUTERS, Trade, Reuters, Trade Organisation, Jindal Stainless Ltd, Steel Authority of India, Thomson Locations: Jammu, DELHI, India, China
☆ Indian cos likely to raise funds via public issues in 2023 as cash tightens-bankers
  + stars: | 2022-12-29 | by ( Bhakti Tambe Dharamraj Lalit Dhutia | Bhakti Tambe | Dharamraj Lalit Dhutia | ) www.reuters.com   time to read: +3 min
Indian companies raised around 5.38 trillion rupees ($64.95 billion) through private placements in 2022, largely aided by the banking system's massive cash surplus, data showed. Public issues were only to the tune of around 80 billion rupees. Indian companies raised 127.1 billion rupees and 175.3 billion rupees through public issues in 2020 and 2021 respectively, SEBI data showed. Fundraising through private placement stood at 8 trillion rupees and 6.31 trillion rupees respectively. "I think public issues are rising because the repricing of bank fixed deposits was very gradual, while public issues are realigning to market realities much faster," said Sudhir Agrawal, executive vice president and fixed income fund manager at UTI Mutual Fund.
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