India's steel ministry is seeking 150 billion rupees from the budget to incentivize low-carbon steel production, part of a broader effort to cut emissions by 2070, with plans to offer incentives for reducing emissions, R&D, and raw material efficiency, and encourage banks to offer lower interest rates on renewable energy loans.
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Delhivery share price gained 3% during the intraday trades on Thursday. The company made a announcemnet pertaining to launch of 2-hour delivery service. Delhivery share price that opened at ₹327.40 on the BSE on Thursday, sligtly higher than the previus close of ₹325.15. The Delhivery share price thereafter saw further gains of up to ₹335, which transalated in to gains of almost 3%.
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Banks in India are repricing deposit rates to address a liquidity crunch, introducing new products with marginally higher interest rates to retain depositors, amid a Rs 2.22 lakh crore deficit in the past six months. Banks like Federal Bank, IDBI Bank, and Indian Bank have launched special deposit schemes with rates up to 8.05%.
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