FIIs to reduce selling in India towards year-end, fresh allocations to occur

IANS | November 16, 2024 5:01 PM

New Delhi, Nov 16 (IANS) After their heavy selling so far, it is expected that the foreign institutional investors (FIIs), will reduce their selling near the end of the calendar year and fresh allocations or significant investments are likely to occur once there is greater clarity regarding the US' incoming Donald Trump administration's policies, market experts said on Saturday.

Lithium-ion battery demand in India to grow to 127 gigawatt hour by FY30

IANS | November 16, 2024 11:50 AM

New Delhi, Nov 16 (IANS) The lithium-ion battery demand in India is set to grow exponentially to 54 gigawatt hour (GWh) by FY27 and 127 GWh by FY30, as the country sets an ambitious target to meet 50 per cent of its primary energy requirement from renewable energy by 2030.