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Majority of Indian states, including several which are currently facing power crisis due to coal shortage, have not even met half of their renewable energy targets for December 2022, according to a new analysis. → Read More
Maximum temperatures were 3.1 degree Celsius to 5 degree Celsius above normal in several places. → Read More
Large-scale development needs will limit the Indian government's ability to drive decarbonisation. → Read More
The number of Indian companies making voluntary climate-related disclosures went up 27% in 2021, according to CDP India. 85 Indian companies responded to CDP's Climate Change questionnaire last year, higher than 67 in 2020, it said in its annual report. The disclosures were sought by institutional investors for a total of 257 companies. → Read More
The pandemic-induced illusion of blue skies has ended. As the economy recovers, a large number of Indians living in cities again are breathing the most toxic air in the world. → Read More
Mitigating air pollution in India would boost solar production and help the country get more energy with fewer installation capacities, a new study has shown. → Read More
The India Meteorological Department has warned of severe hot weather conditions across large parts of India which are likely to persist for the five days. → Read More
India has seen the stock of certified green office buildings nearly triple over the past decade lead by the country's capital, according to a report by CBRE Group said. Delhi-NCR and Bengaluru are "ahead of the curve" and account for 54% of the total green certified office stock in India, the real estate investment firm said. Mumbai and Pune have among the lowest. → Read More
Fate of five sectors will intertwined with India's decarbonisation efforts. → Read More
Stock option plans proposed by Paytm parent One 97 Communications Ltd. faced resistance from institutional shareholders, with two-thirds of the votes being cast against them. → Read More
Corporate governance standards for India's top 100 listed companies saw improvement in 2021 due to better disclosures and stewardship practices, according to Institutional Investor Advisory Services. → Read More
India's cement industry will witness consolidation over the medium term as producers are forced to spend on capital-intensive assets to reduce carbon footprint, according to a report by Kotak Institutional Equities. → Read More
Finance Minister Nirmala Sitharaman is set to present Budget 2022 in parliament at 11 a.m. on Tuesday (Feb. 1). This will be her second budget speech since the Covid-19 pandemic struck. → Read More
SEBI is now seeking public comments on whether ESG rating providers need to be regulated. → Read More
After four years of setting ambitious tax targets and missing them, a more grounded assessment in the previous Union Budget seems to have paid off for the Indian government. Conservative tax revenue targets and better-than-expected nominal GDP growth will help India in surpassing its budgeted estimates for the first time since 2018. → Read More
After four years of setting ambitious tax targets and missing them, a more grounded assessment in the previous Union Budget seems to have paid off for the Indian government. Conservative tax revenue targets and better-than-expected nominal GDP growth will help India in surpassing its budgeted estimates for the first time since 2018. → Read More
Of the 47 investee company proposals that LIC has opposed so far in FY22, 26 were related to director appointments or ESOPs. → Read More
Prime Minister Narendra Modi's pledge to add 500 gigawatts of non-fossil fuel energy sources by 2030 is likely to face a funding hurdle as massive investments will be required to boost capacity, according to ICRA Ltd. → Read More
Come the new year, India Ratings and Research will start integrating commentary on how certain environmental, social and governance issues impact the credit ratings of companies. → Read More
India has held out on setting a deadline for achieving net-zero emissions even as expectations have intensified ahead of the 26th UN Climate Change Conference of the Parties. → Read More