World

TPREL inked MOU with NHPC – REL for Rooftop Solar Projects on Govt. Building

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TPREL inked MOU with NHPC - REL for Rooftop Solar Projects

TPREL inked MOU with NHPC – REL: Tata Power Renewable Energy Limited (TPREL) has indeed signed an MoU with NHPC Renewable Energy Limited (NHPC-REL) for the installation of Rooftop Solar Projects (RTS) on government buildings across India. The Tata Power Renewable Energy Limited (TPREL) and NHPC Renewable Energy Limited (NHPC – REL) signed Memorandum of Read more: TPREL inked MOU with NHPC – REL for Rooftop Solar Projects on Govt. Building..

US Census June Retail Sales Data Released, Its Impact on Nasdaq, S&P 500, and Dow?

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US Census June Retail Sales Data Released, Its Impact on Nasdaq, S&P 500, and Dow

US Market News: The US Census Bureau released the June 2024 retail and food services sales data on Tuesday, July 16th, 2024. US Census data showed a slight decline of 0.2% compared to May. However, excluding automobile sales, retail sales actually increased by 0.2%, suggesting that consumer spending remains resilient despite rising interest rates and Read more: US Census June Retail Sales Data Released, Its Impact on Nasdaq, S&P 500, and Dow?..

Windfall tax on petroleum crude increased to 7000 Rs.

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Windfall tax on petroleum crude increased to 7000 Rs.

The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees ($83.78) per metric ton from 6,000 rupees per metric ton, effective from July 16, a notification issued on Monday showed. (While $1 = 83.5510 Indian rupees).  The tax is levied in the form of Special Additional Excise Duty (SAED).The export of diesel, petrol Read more: Windfall tax on petroleum crude increased to 7000 Rs…