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HinduBusinessLine
5d
213
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CERC initiates process to fix generic tariffs for small hydro projects in FY26
- The Central Electricity Regulatory Commission (CERC) has initiated the process to fix generic tariffs for small hydro projects for the financial year 2025-26 (FY26).
- The tariffs fixed for FY25 will remain in force until June 30, 2025, or until further orders.
- CERC will also notify levellised generic tariffs for biomass power projects, non-fossil fuel-based co-generation projects, biomass gasifier-based power projects, and biogas power projects.
- The levellised tariffs will be calculated based on the useful life of each technology, considering the discount factor for time value of money.
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TechBullion
5d
282
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As Confidence in Top Coins Dwindles, Lightchain AI Becomes the Hidden Opportunity No One Wants to Miss
- Lightchain AI, a new cryptocurrency, is gaining momentum and offering an alternative to the top-performing coins.
- With its innovative design and scalability, Lightchain AI has raised $19.2 million in its presale.
- While top cryptocurrencies like Bitcoin, Ethereum, and XRP struggle with declining investor confidence, Lightchain AI stands out as a promising early-stage opportunity.
- With a clear roadmap, dynamic pricing model, and focus on efficiency, Lightchain AI is attracting investors seeking to be part of the future of AI revolution.
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HinduBusinessLine
5d
162
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Starlink delegation discusses future investment plans in India
- "Met a delegation from Starlink, comprising Vice-President Chad Gibbs & Senior Director Ryan Goodnight. Discussions covered Starlink’s cutting-edge technology platform, their existing partnerships and future investment plans in India,"
- India’s largest telecom service providers, Bharti Airtel and Reliance Jio, signed agreements with SpaceX's Starlink to offer broadband internet services in India."
- Starlink aims to provide high-speed internet to remote and underserved areas in India."
- The meeting with Starlink officials indicates the government's willingness to expedite the process for Starlink to operate commercially in India."
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Bloomberg Quint
5d
315
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India's Sustainable Tourism To Reach $216 Million Over Next Decade, Says MakeMyTrip Founder
- India's sustainable tourism market is set to grow sixfold in the next ten years to reach $216 million.
- Globally, sustainable tourism is projected to grow to $11.4 trillion in ten years' time.
- The Ministry of Tourism in India has formulated a strategy for sustainable tourism with strategic pillars for its development.
- MakeMyTrip Founder and Chairman, Deep Kalra, emphasized the need to embed sustainability at the core of India's travel and tourism sector.
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Cryptopotato
5d
369
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Dialectic Group Set to Deploy up to $15 Million Equivalent on Haven1
- Dialectic Group, an investment firm, plans to deploy up to $15 million USD in assets on Haven1, the EVM Layer 1 blockchain.
- The deployment is part of an agreement to develop and deploy decentralized finance (DeFi) strategies on the Haven1 network.
- Haven1 is a permissioned decentralized blockchain focused on providing high-quality DeFi infrastructure to institutional investors and retail crypto traders.
- Dialectic's commitment to Haven1 follows announcements by Bitcoin Suisse and PaySafe as Haven1 network validators.
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HinduBusinessLine
5d
173
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Broker’s call: Home First Finance (Buy)
- Home First Finance has shown strong growth in assets under management (AUM) and profitability.
- The company aims to achieve an AUM target of ₹40,000 crore by FY30.
- The recent capital infusion of ₹1,250 crore will support Home First's growth plans.
- Considering the sustained growth momentum, the stock has been upgraded to Buy with a revised target price of ₹1,350.
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10 Likes
TheNewsCrypto
5d
98
Ripple (XRP) Aims for $7.44 as RXS Crypto Price Targets $11, Will Cardano (ADA) Join the Rally?
- Ripple (XRP) and Rexas Finance (RXS) set ambitious price targets.
- XRP could hit $11 with regulatory clarity and potential ETF approvals.
- Cardano (ADA) lingers at $0.73 with mixed signals in a 20% rally possibility.
- RXS disrupts the market by tokenizing real-world assets, aims for widespread adoption with successful presale and upcoming launch.
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5 Likes
Bloomberg Quint
5d
352
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Real Estate Q4 Results Preview: Oberoi Realty, Sobha Among HDFC Securities' Top Picks — Here's Why
- HDFC Securities prefers mixed use developers with high FY26 growth potential and a large presence in end user driven market.
- Q4 FY25 is expected to reflect a moderation in momentum, driven by delayed approvals, slower conversion of Expressions of Interest to sales and a high base effect.
- While aggregate YoY pre-sales for the quarter are estimated to grow by ~16%, growth is visible across developers who secured approvals and launched projects during Q4 FY25 as the underlying demand remains resilient, particularly in core metro markets.
- The Indian real estate sector continues to exhibit robust structural demand, although Q4 FY25 may reflect moderation due to certain approval challenges.
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21 Likes
Zycrypto
5d
250
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AB DAO And Bitget Announce $2.6M Incentive Campaign To Boost Ecosystem Engagement
- AB DAO has launched a dual reward campaign with Bitget to distribute 213,307,000 $AB tokens valued at $2.6 million.
- The first campaign, called PoolX staking, allows users to earn $AB airdrops for staking AB & BGB. The second campaign, named CandyBomb, rewards participants with $AB airdrops for trading AB or BGB.
- AB DAO and Bitget will launch a global marketing initiative to enhance awareness and expand AB DAO's presence in key regions.
- AB DAO aims to establish partnerships with more trading platforms and ecosystem collaborators to create an accessible Web3 environment.
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Bloomberg Quint
5d
385
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California Governor Gavin Newsom Says State To Sue Over Trump’s Tariffs
- California Governor Gavin Newsom announced that the state will sue to stop President Trump's tariffs, challenging the use of emergency powers to impose tariffs on Mexico, China, and Canada.
- Newsom and California Attorney General Rob Bonta plan to seek a court order to block the levies, citing harm to consumers and businesses in California.
- Trump's use of the International Emergency Economic Powers Act to impose tariffs has caused economic disruptions, market uncertainty, and strained international relations.
- The President's use of tariffs based on national emergency declarations has led to legal challenges, including arguments about congressional approval for such actions.
- California, a significant economic power, is challenging Trump's tariffs due to their impact on industries like agriculture, manufacturing, and small business exporters.
- Newsom has positioned himself as a national voice on various issues during his governorship, with potential presidential aspirations for 2028.
- California's lawsuit alleges that Trump's tariffs are causing chaos in the state's economy and jobs market, urging for an immediate block on the levies.
- The state plays a crucial role in agriculture and manufacturing, exporting significant amounts of goods like almonds, dairy products, and vehicles.
- California accounts for 14% of the nation's GDP and has a population of 40 million, making it one of the largest economies globally if considered independently.
- The legal challenge against Trump's tariffs signals a high-stakes battle over trade policy and the scope of presidential emergency powers in enacting tariffs.
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23 Likes
Bloomberg Quint
5d
342
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KFin Technologies Acquires Majority Stake In Ascent Fund Services For $34.7 Million
- KFin Technologies has acquired a majority stake of 51% in Ascent Fund Services for $34.7 million.
- Ascent is a rapidly growing global fund administrator, serving 260 asset managers, 576 funds, and $24 billion in assets worldwide.
- The acquisition will enable KFin Technologies' entry into the global fund administration industry and position them for diversified and sustainable growth.
- The transaction is subject to regulatory approval and KFin Technologies plans to acquire the remaining 49% stake over the next five years.
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HinduBusinessLine
5d
233
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Undiagnosed diabetes surging in Chennai, a study by Kauvery Hospital shows
- An initiative called 'Diabetes on Wheels' conducted by Kauvery Hospital in Chennai reveals a surge in undiagnosed diabetes cases.
- 2 in every 10 apparently healthy individuals in Chennai are found to already have diabetes, and 12 out of every 10 individuals, including pre-diabetics, are at high risk.
- The study highlights the need for routine screening and lifestyle changes to combat the growing threat of Type 2 Diabetes Mellitus.
- Factors like lack of awareness, sedentary lifestyles, unhealthy eating habits, and obesity contribute to the diabetes crisis.
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Bloomberg Quint
5d
118
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Engineering Exports Promotion Council Fears Drop In Engineering Exports To US
- Engineering Exports Promotion Council (EEPC) fears a potential annual drop of USD 4-5 billion in engineering exports to the US due to additional duties imposed on iron & steel and auto components.
- According to the trade data, engineering exports during 2024-25 reached an all-time high of USD 116.67 billion, up from USD 109.3 billion in the previous year.
- The competition from China in other markets and the need to explore new markets in Latin America, Central America, the Middle East, and Africa has added to the concerns of the engineering exports sector.
- EEPC highlights the need for government support in terms of fiscal incentives and market access to navigate the volatile and uncertain global trade and economic scenario.
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Bloomberg Quint
5d
147
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SpiceJet's Revival Plan Progresses: Airline Aims To Double Fleet Within 12 Months
- SpiceJet's revival plan is 'going very well' and the airline is on track to double its current fleet over the next 12 months. The company has raised funds and is on the revival path.
- SpiceJet had faced multiple headwinds, including financial woes and legal disputes with lessors.
- SpiceJet has added 10 planes to its fleet since October 2024 – three grounded aircraft that were brought back into service and seven inducted on lease.
- SpiceJet's Chairman and Managing Director, Ajay Singh, stated that the airline is on track to double its current fleet within the next 12 months.
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