India Bets Big on Green Hydrogen
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🗞️ India Targets 10% Global Green Hydrogen Share
India aims to capture 10% of global green hydrogen demand, with Minister Shripad Naik highlighting domestic production scale-up and export plans.
💬 Expert Take: “A strong push in green hydrogen could position India as a leader in renewable energy exports and attract clean-tech investments.”
🗞️ Tata Technologies Launches Wattsync Battery Passport
Tata Technologies introduced Wattsync, a digital battery passport for traceability, lifecycle monitoring, and compliance in EVs and clean energy sectors.
💬 Expert Take: “Digital passports enhance sustainability and regulatory compliance while supporting EV adoption at scale.”
🗞️ HDFC Bank Invests in BharatGPT Creator CoRover
HDFC Bank has invested in CoRover, the company behind BharatGPT, aiming to integrate AI solutions into banking services.
🗞️ Foreign Liabilities of Indian MFs Rise 20%
Foreign liabilities of Indian mutual funds grew 20% in FY25, signaling higher exposure to overseas markets.
🗞️ Government Suspends Cotton Import Duty
The government has lifted import duty on cotton to ease raw material costs for the textile industry and improve competitiveness.
🗞️ NPA Under Mudra Yojana Rises to 9.8%
The NPA ratio under Mudra Yojana climbed to 9.8% in March 2025, reflecting repayment challenges among small borrowers.
🗞️ Govt Disburses ₹21,689 Cr Under 12 PLI Schemes
The government released ₹21,689 crore under 12 Production Linked Incentive (PLI) schemes till July 31, benefiting electronics, pharma, and auto sectors.
🗞️ Centre, States Equal Stakeholder in GST Revenues
The government clarified that GST revenues are shared equally between centre and states, reaffirming federal taxation structure.
📊 Market Updates
📈 Sensex: 81,644.39 ▲ +370.64 (+0.46%)
📈 Nifty 50: 24,980.65 ▲ +103.70 (+0.42%)
📉 Nikkei 225: 43,546.29 ▼ −168.02 (−0.38%)
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📈 Rupee: ₹87.36 / USD ▲ (+23 paise)