PM Surya Ghar: Solar industry seeks battery integration, policy continuity | Industry News

PM Surya Ghar: Solar industry seeks battery integration, policy continuity | Industry News

[ad_1] As the government lays out the policy architecture of the next phase of its flagship rooftop solar (RTS) scheme, the PM Surya Ghar Muft Bijli Yojana, industry leaders and experts are calling for integrating rooftop solar with the battery energy storage system (BESS).   They have stressed differentiated support and policy continuity … Read more

India less exposed to AI job risks than others, says Goldman Sachs | Industry News

India less exposed to AI job risks than others, says Goldman Sachs | Industry News

[ad_1] By Anup Roy   India’s labor force is unlikely to face widespread job losses from artificial intelligence, though some positions in the services sector could be affected, Goldman Sachs Group’s Chief India economist Santanu Sengupta said Friday.   The impact will be limited compared to many other countries, Sengupta said in … Read more

NITI Aayog’s remedy for manufacturing: Clusters and lower costs | Industry News

NITI Aayog’s remedy for manufacturing: Clusters and lower costs | Industry News

[ad_1] India should strengthen cluster-based manufacturing and develop integrated industrial parks with shared utilities, infrastructure, and efficient approvals to build scale and lower costs, NITI Aayog recommended on Thursday as it released the first volume of a study on positioning the country as a global manufacturing hub.   The apex think tank positioned … Read more

Bank of America arm to pick up 49.9% in Jio Credit for ₹18.3K crore | Industry News

Bank of America arm to pick up 49.9% in Jio Credit for ₹18.3K crore | Industry News

[ad_1] NB Holdings Corporation, a wholly owned subsidiary of Bank of America Corporation (BoFA), will acquire a 49.9 per cent stake in Jio Credit, the lending arm of Mukesh Ambani’s Jio Financial Services (JFS), for ₹18,268.22 crore, or $1.9 billion, through a preferential allotment of equity shares and warrants, Jio Financial Services said in … Read more

Railways drops risk-sharing plan with private firms for six rail lines | Industry News

Railways drops risk-sharing plan with private firms for six rail lines | Industry News

[ad_1] The Ministry of Railways’ first attempt to foray into private risk-based track infrastructure projects seems to have run aground as the ministry converted six projects from a revenue-sharing model to the de-risked hybrid annuity model (HAM), according to minutes of an official meeting.  The ministry, in a meeting of the Public Private … Read more

RPSG Group subsidiary to buy ReNew’s 1.4 GW solar capacity for ₹4,859 cr | Industry News

RPSG Group subsidiary to buy ReNew’s 1.4 GW solar capacity for ₹4,859 cr | Industry News

[ad_1] The RP-Sanjiv Goenka Group (RPSG) on Monday announced that Purvah Green Power Private Limited, the renewable energy platform of CESC Limited, will acquire a 1.4 gigawatt peak (GWp) operating solar portfolio from Renew Solar Power Private Limited, at an enterprise value of ₹4,859 crore. The portfolio is held across six project special purpose … Read more

If we don’t control the AI industry, it could end up controlling us, warn two chilling new books

If we don’t control the AI industry, it could end up controlling us, warn two chilling new books

[ad_1] For 16 hours last July, Elon Musk’s company lost control of its multi-million-dollar chatbot, Grok. “Maximally truth seeking” Grok was praising Hitler, denying the Holocaust and posting sexually explicit content. An xAI engineer had left Grok with an old set of instructions, never meant for public use. They were prompts telling Grok to “not … Read more

Trump’s tariff heat scalds garment industry, other sectors in Karnataka

Trump’s tariff heat scalds garment industry, other sectors in Karnataka

[ad_1] Facing rising costs, falling orders, and mounting pressure from global competitors, MSMEs in the State have to now grapple with the tariffs imposed by U.S. President Donald Trump, which are likely to cripple various sectors, particularly the garment industry, finds out Mini Tejaswi. However, trade bodies bat for new markets such as Vietnam, Indonesia, … Read more