Poging GOUD - Vrij

Green H2 output target may be delayed by 2 yrs: MNRE secy

Business Standard

|

November 12, 2025

India’s green hydrogen production target of five million metric tonnes per annum (mmtpa) is likely to be delayed by two years to 2032 due to global policy uncertainties around greenhouse gas emissions, said Santosh Sarangi, secretary at the Ministry of New and Renewable Energy (MNRE) on Tuesday.

- SHUBHANG! MATHUR

Green H2 output target may be delayed by 2 yrs: MNRE secy

Revising earlier targets, the country now aims to produce three mmtpa of green hydrogen by 2030, said Sarangi on the sidelines of the International Conference on Green Hydrogen. The Indian government launched the National Green Hydrogen Mission (NGHM) in January 2023 with the aim to become a global hub for production and export of green hydrogen, setting a target of producing 5 mmtpa of green hydrogen by 2030.

Sarangi cited the policy uncertainties in Europe and the International Maritime Organization’s (IMO) decision to defer its net-zero framework (NZF) by a year as the prime factors for the decision of revising the country’s target.

MEER VERHALEN VAN Business Standard

Business Standard

Nomura predicts Nifty at 29,300 by 2026-end

Nomura expects benchmark Nifty 50 to climb to 29,300 by end of 2026, about 12 per cent above current levels, as cyclical economic momentum and earnings growth regain traction under supportive policies, its analyst Saion Mukherjee said.

time to read

1 min

December 03, 2025

Business Standard

Benchmarks fall for third straight day

Benchmarks fell for a third consecutive session on Tuesday as concerns over foreign outflows and the rupee falling to a record low fuelled profit booking.

time to read

1 min

December 03, 2025

Business Standard

Flag pending deregulation issues, Cabinet Secretariat tells states

The Cabinet Secretariat has asked state governments to flag any pending issues they face with central government departments in connection with its ongoing deregulation exercise, multiple senior government officials said, ahead of a meeting of chief secretaries later this month to review the reforms.

time to read

4 mins

December 03, 2025

Business Standard

Loan growth, profitability ahead for public-sector banks

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin or NIM compression. The Q2FY26 results suggest NIMs have bottomed out. Credit costs could also fall given moderating stress in unsecured retail and microfinance institutions or MFIs.

time to read

3 mins

December 03, 2025

Business Standard

Bank of Maha OFS subscribed 3x

The offer-for-sale (OFS) in Bank of Maharashtra (BOM) saw three times demand than the shares on offer.

time to read

1 min

December 03, 2025

Business Standard

Sanchar Saathi can be deleted, says govt; OEMs still reluctant

Apple, other global firms not on board; India's Lava to comply

time to read

4 mins

December 03, 2025

Business Standard

In AI race, Apple Inc hands baton to B'luru graduate Amar Subramanya

Apple has appointed Amar Subramanya, a Bengaluru-born AI researcher and engineer with deep roots in both Google and Microsoft, as its new vice-president of artificial intelligence (AI), a move signalling the tech giant's push to catch up in the fast-evolving AI landscape.

time to read

1 min

December 03, 2025

Business Standard

India's trade crossroads: Navigating global headwinds with domestic resilience

India's trade report for October this year is a reminder that even fast-growing economies face external shocks that test both resilience and vulnerability. The month delivered a record trade deficit in merchandise of $41.7 billion, driven by a 200 per cent surge in gold imports and a steep 37.5 per cent drop in exports to the United States (US) after tariffs jumped from 10 per cent to 50 per cent in six months.

time to read

4 mins

December 03, 2025

Business Standard

6,385 recognised startups categorised as 'closed' as of Oct 31

As many as 6,385 recognised startups have been categorised as 'closed' as of October 31, according to the data from the Ministry of Corporate Affairs, Parliament was informed on Tuesday.

time to read

1 min

December 03, 2025

Business Standard

US-China: The end of engagement

The current trade war between the United States and China under the second Trump presidency has sent the bilateral and global order into a whirlwind.

time to read

3 mins

December 03, 2025

Listen

Translate

Share

-
+

Change font size