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FEBRUARY 2024 POWER STATISTICS
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...- Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
- SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
- In 1988, cargo ships accidentally brought zebra mussels to the US in their ballast water, and they devastated the Great Lakes, but a 2026 study finds that after 20 years in Kansas lakes, they barely changed the fish or the waterA new study reveals that zebra mussel invasions in Kansas reservoirs over two decades have had minimal impact on water quality and fish pop...
- Wipro to buy 20% stake more in Aggne Global for $2 millionWipro is set to acquire a further 20% stake in Aggne Global IT Services Private Limited. This move will boost Wipro's ownership in Aggne Gl...
- India's thermal coal imports sink to a 4-year low as green energy reshapes demandIndia's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise...
- Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- India's m-cap tops $5 trillion, climbs back into global top sixIndia's stock market value has crossed the $5 trillion mark. This surge has placed India back in the sixth position globally. The rebound f...
- Centre appoints Saibal Chattopadhyay as NSC chairpersonSaibal Chattopadhyay, former IIM Calcutta director, is now the chairperson of the National Statistical Commission. Shubhabrata Das, Satyend...
- As Shiv Sena, TMC splits swell NDA ranks, TDP and JDU lose some of their bargaining chipNew political shifts are reshaping the NDA coalition. Defections from Shiv Sena (UBT) and a breakaway Trinamool Congress faction bolster BJ...
- 'Numbers don't mean anything', says Messi after record-breaking World Cup hat-trick against AlgeriaLionel Messi has equalled Miroslav Klose's FIFA World Cup goal tally. He achieved this after scoring a hat-trick in Argentina's win against...
- Ola Electric files application to settle Sebi probe over false information allegationsOla Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock pr...
- Ola Electric files application to settle Sebi probeOla Electric and its founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stoc...
- Tesla presented misleading 'Full Self-Driving' safety data to European regulatorsIn a bold move to secure European approval for its Full Self-Driving technology, Tesla has shared crucial safety data with Swedish and Dutc...
- India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
- Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...
- CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbersNageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in eve...
- Dinesh Trivedi becomes first politician to serve as India's new High Commissioner to BangladeshDinesh Trivedi arrived in Bangladesh as India's new High Commissioner. He is the first politician to hold this post. Trivedi crossed the la...
- US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
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