For investors moderate risk appetite: 6 mid-cap stocks from different sectors with an upside potential more than 26% gain
Yes, volatility is likely to be affecting the markets in the coming months. So you need to look at investing in the market with a very clear understanding that, in the short term, the risk of stock prices witnessing a cut is high. The volatility is being caused by both domestic and global events. The market is on tenterhooks over the geopolitical tensions sparked by the Pahalgam terror attack. And the uncertainty over tariffs is still very much
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Time of India
23 minutes ago
- Time of India
Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade
On Global Wind Day 2025, Union minister for new and renewable energy Pralhad Joshi stressed on the importance of wind energy and said that it is crucial to India's clean energy plans and crucial to its ambition of becoming a global manufacturing hub. Speaking at a stakeholder meeting in Bengaluru, he said India needs reliable energy, from wind, solar or other sources, to become a global manufacturing hub. "Wind energy is not a component of our renewable energy strategy, but it is at the heart of it and at the centre of Atma Nirbhar Bharat," he said. The minister said that India has achieved 51.5 GW of wind capacity, marking a 150% increase over the last decade, and is now exporting turbines and components globally. The country has set its sights on 100 GW of wind energy by 2030, including 30 GW from offshore projects, 'backed by strong policy reforms and a robust manufacturing ecosystem.' The minister said India has set clear and ambitious goals — to get 50% of its power from non-fossil fuel sources by 2030 and to become net-zero by 2070. He stressed that wind energy is not just a part of the country's renewable strategy, but lies at its core and is key to building an Atma Nirbhar Bharat. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending Local Enterprise Accounting Software [Click Here] Accounting ERP Click Here Undo He also underlined the three issues the sector must now tackle: integrating wind with solar and storage for round-the-clock power, reducing tariffs from the current Rs 3.90 per unit, and boosting manufacturing efficiency to compete globally. Highlighting PM Modi's vision, Joshi said the goal is to use renewable energy to power India's manufacturing sector, while conventional energy continues to meet household needs. India is currently the world's fourth-largest country in installed wind power capacity and the third-largest renewable energy producer overall. India's manufacturing capacity is increasing, and it will continue to rise. "No one had thought that India would become the third largest manufacturer of renewable energy in 10 years, but today it is a reality," said the minister. To unlock the full potential of the wind sector, Joshi outlined five focus areas: expanding into new states like Madhya Pradesh, Telangana, and Odisha; launching the offshore wind sector with leasing areas in Gujarat and Tamil Nadu; integrating wind with storage for firm green power; modernising the grid using AI-based forecasting; and strengthening local manufacturing across the wind value chain. Joshi also released two key reports, the Wind Energy Roadmap and Manufacturing Roadmap, to serve as frameworks for India's clean energy journey. 'These documents reflect our strategic vision and our collective resolve to build a strong, self-reliant wind ecosystem,' he said. The event also saw the recognition of top-performing states in wind capacity addition: Karnataka led with 1,331.48 MW, followed by Tamil Nadu (1,136.37 MW) and Gujarat (954.76 MW). Union minister of state for new and renewable energy, Shripad Yesso Naik, and Karnataka's energy minister, KG George, were also present at the event. India's wind ambitions align with its global climate commitments, including the five-point 'Panchamrit' pledge made at COP26 in Glasgow. These include reaching 500 GW of non-fossil capacity, cutting emissions by 1 billion tonnes, and reducing emissions intensity by 45%, all by 2030. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Pink Villa
an hour ago
- Pink Villa
Shark Tank India judge Aman Gupta's Rs 700 crore net worth to Rs 1 crore car: Here's everything about his lifestyle
Thanks to Shark Tank India, we are now acquainted with the tireless efforts and strategies that go behind establishing a high-value startup. Aman Gupta, the co-founder and CMO of boAt Lifestyle, is a familiar face to Indian audiences, thanks to his prominent role as one of the primary investors on the show. BoAt is one of India's leading suppliers of audio products. Aman is a go-getter and is never afraid to speak his mind. With his witty remarks and honest feedback, Aman soon made a place in the viewers' hearts. His business insights continue to encourage youth to develop their business acumen. Let's take a look at how it all started and how far he has come in his self-made adventure. Who is Aman Gupta? Shark Tank India Judge's Net Worth, Lifestyle Aman Gupta is a highly strategic investor and skilled entrepreneur. The multi-millionaire businessman is behind boAt's massive popularity nationwide for creating affordable and stylish audio gadgets. Born in New Delhi, India, Aman is a graduate of the Shaheed Bhagat Singh College. He has also done an MBA in Finance and Strategy from the prestigious Indian School of Business. The business tycoon is generously rewarded for his business skills and hard work. He is married to Priya Dagar, a celebrated environmentalist and a policy advisor at the Embassy of the Kingdom of the Netherlands. The happy couple is parents to two beautiful daughters. Aman Gupta's net worth is estimated at Rs 720 crores as of 2024, which primarily comes from boAt's massive success and his calculated investments. Aman Gupta's house and car collection Aman is the proud owner of a luxurious bungalow in Delhi, which is a reflection of his enormous fortune. One of his houses in South Delhi costs Rs 15 crore. He also owns a luxurious 7,200-square-foot apartment in Gurugram. The 43-year-old is a gearhead who owns multiple high-end cars in his collection. He owns the BMW 7 series, which costs over Rs 1 crore, and the BMW X1, priced at Rs 40 lakh. Aman takes pride in the fact that an Indian-made company has successfully broken into the international market and that his journey has inspired many youngsters to embark on entrepreneurial journeys of their own. He recalled how many people tried to demotivate him when he wanted to launch his startup, but he paid no heed to such comments. BoAt had a rather humble beginning in a small cafe in Hauz Khas Village. Today, Aman Gupta and BoAt encourage future entrepreneurs to believe in their vision and to continue to hustle despite the setbacks. Disclaimer: All amounts mentioned in the article are sourced from public platforms. In some cases, celebrities or their teams give their inputs too, which we incorporate if provided by them. We take all efforts to share possible accurate numbers, however unless otherwise mentioned they are all approximates. We are open to feedback and suggestions on editorial@
India Gazette
an hour ago
- India Gazette
"India has achieved 51.5 GW wind capacity, 150% growth in a decade": Union Minister Pralhad Joshi
Bengaluru (Karnataka) [India], June 15 (ANI): Union Consumer Affairs and Renewable Energy Minister Pralhad Joshi on Sunday said that India has achieved 51.5 GW wind energy capacity, 150 per cent growth in a decade and is now exporting turbines and components globally. He said this progress reflects the 'visionary leadership' of Prime Minister Narendra Modi, who has made 'clean energy a core pillar of #AatmanirbharBharat.' 'India has achieved 51.5 GW wind capacity, 150% growth in a decade and is now exporting turbines and components globally. We are moving steadily towards the 100 GW wind target by 2030, including 30 GW from offshore projects, backed by strong policy reforms and a robust manufacturing ecosystem,' Joshi said in a post on X, on the occasion of Global Wind Day today. In another post on X, he said, 'On this Global Wind Day, let's celebrate the power of wind driving India's clean energy growth. With 51.5 GW capacity and rising, we are moving towards an #AatmanirbharBharat powered by innovation, green technology and sustainable progress. #GlobalWindDay.' He said that India is the fourth-largest wind power capacity in the world, while it is the third-largest renewable energy producer. Addressing the Global Wind Day celebrations in Bengaluru, the Minister also India is going to become the 'manufacturing hub of the world.' 'India is going to become the manufacturing hub of the world, and we will be competing with many of our neighbours, including Vietnam and China. So when we want to compete there, the basic thing we need is power. So in this power, we need renewable energy and conventional energy also, but we need more renewable power,' Joshi said. Highlighting policy changes, the Union Minister stated that renewable energy, especially solar energy, was just 0.242 gigawatts in 2014, and today the country has the capability of 110 gigawatts of renewable energy in just 10 years. 'Of course, policy changes were made by the government. In 2014, our renewable energy, especially in solar, was just 0.242 gigawatts. Today, we have 110 gigawatts of renewable energy in just 10 years. Like that, it was some 21, 22 gigawatts of wind power. Today we are 51 gigawatts. But you are the people who are sitting in front of me, and because of the policies of the government, because of the encouragement from the government, with the cooperation of the state and Centre, we have been able to achieve 51 gigawatts today,' he said. Joshi said that the government approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7,453 crore, including an outlay of Rs 6,853 crore for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu) The Minister added that this year's renewable energy budget has gone up by 53 per cent to 26,549 crore, with the large share directed to the wind. Inviting states to contribute to the energy transition, the Minister asserted, 'States must lead this transition, land availability, transition delays, transmission delays, and how to be addressed very, very expeditiously. This is not the time for hesitation; it is the time for the execution.' The Minister said that the government is backing the sector, which was demonstrated in this year's union budget. (ANI)
