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India's power capacity hits 476 GW, with 49% from non-fossil fuels, mainly renewables at 226.9 GW, according to a government report. Solar energy has surged, but coal still dominates at 50.52%. The nation ranks high globally in renewable energy capacity.
A new report by GTRI reveals concerns that proposed relaxations in local content rules for the telecom sector could disadvantage Indian manufacturers. The Department of Telecommunications' potential amendments to the Public Procurement Order may favor multinational corporations like Cisco and Ericsson. This shift could undermine domestic innovation and investments in R&D, potentially increasing reliance on foreign technologies.
China's restrictions on rare earth metal exports threaten over 21,000 Indian audio electronics jobs. Elcina reports disruptions to supply chains, impacting hearables and wearables. Manufacturers are importing finished goods. They are moving away from local component production. Elcina urges government intervention through talks with China. They also want to boost domestic manufacturing.
Amazon India has introduced at-home diagnostics services in six major cities, expanding its healthcare offerings under Amazon Medical. In collaboration with Orange Health Labs, Amazon Diagnostics enables users to book lab tests, schedule appointments, and access digital reports via the Amazon app. This integration of pharmacy, clinic, and diagnostics aims to provide a comprehensive digital healthcare experience.
Stock market recommendations: Motilal Oswal Financial Services recommends Larsen & Toubro and Trent as top stock picks for the week starting June 23, 2025. L&T's international order growth and focus on new sectors are expected to drive revenue. Trent anticipates substantial growth, capitalizing on India's expanding retail market and its unique market position.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Monday following global cues. While Nifty50 went below 25,000, BSE Sensex was down over 600 points.
2025/07/01 18:23:38
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