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January 25, 2024
Coal has remained a dominant fuel source to meet the base load power demand in the country, and its share in the overall energy generation mix is estimated to decline from 73 per cent in FY2023 to about 58-60 per cent in FY2030, assuming the renewable capacity addition scenario of 200 GW between FY2024 and FY2030, as per ICRA estimates.
January 22, 2024
In the post-earnings conference call, the UltraTech management said it expects capacity utilisation to improve close to 80-85% in the three months to March, from about 77% in the December 2023 quarter.
January 17, 2024
China’s total output of integrated circuits in 2023 increased 6.9 per cent from a year earlier despite sluggish demand at one of its largest wafer foundries in the second half, according to data published on Wednesday.
January 17, 2024
The US Dollar (USD) is seeing its status as King within reach with the US Dollar Index (DXY) popping above a few important technical levels. The move comes with markets finally realizing that rate cuts will not take place before June for either the
January 10, 2024
Government announcements for the building of new roads, railways, and other capital expenditure (capex) projects may have hit an all-time low, according to numbers for the December quarter.
November 24, 2023
Major infra-related sectors such as capital goods, auto and ancillaries and chemicals were in the median range, , capacity utilisation, india inc, india, economy
November 16, 2023
Over the past two fiscals, demand for electricity has seen a robust 8-9% annual growth, driven by the post-pandemic economic rebound. During this period, 34 gigawatt (GW) of capacity has been added with 90% of it in RE. In GW terms, this is a 9% growth in power capacities but on normative terms this was only 4-5% growth as capacities operates at varying PLFs2 and in this incremental supply, coal-based power plants remain an important cog, accounting for 69-71% of total power generation because ...
November 15, 2023
There has been a lot going with Aviva PLC (LSE:AV.) since the life insurer last reported half-year results back in August ...read the preview. Ahead of...
November 13, 2023
Over 79 per cent of the respondents shared a higher level of production in Q2 FY24 and the average capacity utilisation rate was higher at 74 per cent in Q2 as against 73 per cent in previous quarters, the survey said.
November 10, 2023
Amid ongoing wars in Gaza and Ukraine, a trio of defence sector companies report results in the coming week, BAE Systems, Babcock and Qinetiq, while there...