Shishir Baijal: RBI’s 50 bps Rate Cut Boost the Real Estate Sector
The RBI’s 50 bps rate cut marks a strong and proactive stance aimed at lifting the low and mid-value housing segments. Over the last few years, the strong housing market momentum was increasingly concentrating in the premium end, even as there were signals of weakening demand in the lower segments. With this cumulative 100 bps cut in the repo rate, we expect a rekindling of demand in these underserved categories, as affordability will witness a meaningful improvement for such homebuyers. This move is especially timely, as it comes amid rising concerns about the uneven recovery within th..
Interdepartmental Consultations with IAEA Held Again in Kaliningrad
Another round of Interagency consultations of the Russian side with the International Atomic Energy Agency (IAEA) delegation led by Director General Rafael Grossi took place in Kaliningrad. The Russian delegation headed by Director General of Rosatom Alexey Likhachev comprised Head of Rostechnadzor Alexander Trembitskiy, Permanent Representative of the Russian Federation to the International Organizations in Vienna Mikhail Ulyanov; Deputy Director of the Department for Nonproliferation and Arms Control of the Ministry of Foreign Affairs of Russia Mikhail Kondratenkov; Chief of Radiation, Chemi..
Envision Energy and SUN Terra to Build Full-Chain Energy Storage System
Envision Energy Group, a global leader in green technology, announced a strategic partnership with SUN Terra, Indonesia's leading renewable energy company, to advance collaboration on energy storage technologies and solutions in key markets including Southeast Asia, India, and Australia. The partnership aims to accelerate the deployment of advanced energy storage solutions, enhance global supply chains, and foster the localization of manufacturing and technological expertise - all in support of the clean energy transition across these regions. According to the agreement, Envisio..
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