Sweden has launched a pilot project to reduce the carbon emissions involved in steel production by switching some of the processes from burning coking coal to burning hydrogen.
The International Monetary Fund (IMF) has slashed the gross domestic product (GDP) growth forecast for India in FY23 to 8.2 percent in its latest World Economic Outlook report, released.
The Reserve Bank has launched the next round of the quarterly Industrial Outlook Survey (IOS) to assess business sentiment for the current quarter and expectations for the ensuing three-month period.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.