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TREND | 24 Jan 2025

China's mega hydropower project threatens water security: Arunachal CM

Business Standard

Arunachal Pradesh Chief Minister Pema Khandu on Friday expressed concern that the neighbouring China's plan to construct the world's largest hydropower project on the Yarlung Tsangpo river will have a devastating effect on the state and Assam. The Yarlung Tsangpo river enters Arunachal Pradesh as Siang and becomes the Brahmaputra in Assam before flowing into Bangladesh. Speaking at the inaugural function of a seminar titled Environment and Security' here, Khandu pointed out that the dam would allow China to control the timing and volume of water flowing downstream, which could have devastating effects during periods of low flow or drought. The mighty Siang or the Brahmaputra river would dry up during winters disrupting life in the Siang belt and the plains of Assam, he cautioned. The chief minister said that sudden releases of water from the dam could also cause severe floods downstream, particularly during monsoon seasons, displacing communities, destroying crops, and damaging...

Environment

TREND | 20 Jan 2025, 06:13PM

EV Sales Must Hit 50% By 2030 To Meet Net Zero Goal: Bhupender Yadav

NDTV Profit

The Environment Minister was addressing the Third International Conference on Sustainable Circularity.

Environment

TREND | 20 Jan 2025, 12:52PM

Paytm's Q3 A 'Solid Quarter' In A Gloomy Environment, Says Bernstein

NDTV Profit

Paytm's loss in Q3 was at Rs Rs 208.3 crore, less than Rs Rs 332 crore Bloomberg's analysts had estimated. The brokerage has maintained an 'outperform' rating.

Environment

TREND | 18 Jan 2025

Obligations on battery producers to increase recyclers profitability: CPCB

Business Standard

Financial penalties for failing to meet extended producers' responsibility obligations encourage battery recyclers and increase their profitability, said an official on Saturday. Addressing India Battery Recycling and Reuse Summit 2025, in the run-up to Bharat Battery Show, Central Pollution Control Board Director V P Yadav said,"Considering all the challenges faced by recyclers, we have designed a system in which producers who fail to meet their obligations will face financial penalties." These penalties will ultimately benefit the recyclers, as they generate credits that are then transferred to producers in exchange for compensation, he explained. "We are also encouraging recyclers because we understand that without profitability, the recycling business will not thrive. Therefore, our efforts are driven by economic factors", Yadav said at the summit organised by industry body India Energy Storage Alliance (IESA). Bharat Battery Show is a part of Bharat Mobility Global Expo 2025 .

Environment

TREND | 17 Jan 2025

Environment clearance granted for Dabur's proposed plant in Tamil Nadu

Business Line

The company will invest 400 crore in the plant to be located in Villupuram district

Environment

TREND | 17 Jan 2025

Aether Industries Q3 results: Net profit jumps over two-fold to Rs 43.3 cr

Business Standard

Speciality chemical manufacturer Aether Industries posted a more than two-fold jump in consolidated net profit at Rs 43.3 crore for the third quarter of the 2024-25 fiscal year on strong sales, the company said on Friday. The company reported a consolidated net profit of Rs 17.4 crore in the year-ago period, the company said in a regulatory filing. Total income increased to Rs 233.32 crore during the October-December quarter of the 2024-25 fiscal, from Rs 166 crore in the year-ago period. According to the company, the Gujarat Pollution Control Board has revoked the closure order on January 9 this year, allowing the company to resume full operations at its facility-II in Surat. The closure order was issued following a fire accident on November 29, 2023. It said the claim for stock loss has been submitted to the surveyor in Q3FY'25 and is expected to be settled in Q4FY25. The company is focusing on new business segments 'renewable and sustainability' and 'oil and gas' apart from ..

Environment

TREND | 17 Jan 2025

Intense cold wave grips national capital, AQI recorded as poor

Business Line

According to the Central Pollution Control Board, the AQI was recorded at 294 in Delhi today at 7 am

Environment

TREND | 12 Jan 2025

Centre approves oil and gas exploration in Assam Wildlife Sanctuary area

Business Standard

The Centre's wildlife panel has approved a proposal to carry out oil and gas exploration in the eco-sensitive zone of the Hoollongapar Gibbon Wildlife Sanctuary in Assam's Jorhat district. The Standing Committee of the National Board for Wildlife (NBWL), chaired by Union Environment Minister Bhupender Yadav, approved the proposal by Vedanta Group's Cairn Oil & Gas during its meeting on December 21, according to the minutes of the meeting. Assam's principal chief conservator of forests (wildlife) and chief wildlife warden had recommended clearance for the project in August last year, citing "national interest". The Forest Advisory Committee of the Union Environment Ministry had also granted in-principle approval during its meeting on August 27 last year. According to the minutes of the NBWL meeting, a team comprising officials from the Union Environment Ministry, the Wildlife Institute of India (WII), and the Assam Forest Department inspected the project site, located about 13 km ..

Environment

TREND | 11 Jan 2025

Challenging Global Environment Ahead, Cautions Chief Economic Advisor

NDTV Profit

Environment

TREND | 07 Jan 2025

Ministry of Environment notifies End-of-Life for vehicles

Business Line

Vehicle manufacturers have to declare scrappage or recycle steel equivalent to 8 per cent of the number of vehicles sold in India 20 years ago.