PSL overhaul needed to back renewables, EVs, climate finance: Report | Chennai News

PSL limit for RE projects can be enhanced from ₹35 crore to ₹100 crore, says SBI Research. Chennai: Banks are comfortably meeting the overall 40% priority sector lending (PSL) target, but the framework requires a comprehensive overhaul to align with the country’s Viksit Bharat 2047 ambitions. Emerging sectors such as renewable energy, electric mobility, climate…

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Spire of submerged church appears as Mettur dam’s water level dips | Coimbatore News

The 100-foot-tall structure became visible on Tuesday evening, drawing visitors and tourists. SALEM: The spire of a submerged church in the Pannavadi area near Mettur has become visible once again as the water level in the Stanley Reservoir dropped below 77 feet. The 100-foot-tall structure became visible on Tuesday evening, drawing visitors and tourists.Before the…

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Minister refutes corruption charges in appointment of govt law officers | Chennai News

Chennai: State Law minister R Nirmalkumar on Tuesday denied charges of corruption in the appointment of govt law officers in districts.The minister’s statement comes in the wake of allegations that cash was collected by TVK district secretaries to appoint around 800 govt law officers across the state. TVK advocate wings district joint secretary from Villupuram,…

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Illegal Lotus Farming Threatens Thamirabarani Wetlands and Livelihoods | Chennai News

Conservationists have identified lotus cultivation in 20 of 29 ponds in a channel The Thamirabarani irrigation system, one of Tamil Nadu’s oldest water management networks, is under threat. From a lotus.Illegal commercial lotus cultivation in irrigation tanks across the Thamirabarani river basin is severely degrading wetlands, harming biodiversity, and disrupting traditional water use. The river…

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Railway track crack at Nungambakkam station delays suburban trains | Chennai News

Chennai: A day after suburban train services resumed following scheduled track maintenance, a crack detected on the railway track at Platform 1 of Nungambakkam station caused delays in peak-hour services on the busy Beach-Tambaram suburban corridor on Tuesday morning.Railway officials imposed a speed restriction after the crack was noticed at around 8.30 am, directing loco…

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India Must Enact AI Regulation Act to Ensure Fairness and Accountability | Chennai News

India needs laws to ensure that decisions affecting liberty, livelihood and justice are not left to machines that cannot be held accountable S VimalaArtificial Intelligence may possess intelligence, but only law can ensure responsibility, fairness, and humanity. The sentence captures one of the greatest legal questions of our age. AI is no longer a futuristic…

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Vedanta plans 100 MW solar, BESS projects in TN | Chennai News

Chennai: Vedanta has invited Expressions of Interest (EOI) from renewable energy developers and contractors to establish solar power plants integrated with Battery Energy Storage Systems under the Build-Own-Operate or Build-Own-Operate-Transfer model across three locations in Tamil Nadu.The company plans to utilise its available land assets at the three sites for renewable energy generation and storage,…

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India emerges as Europe’s manufacturing hub amid China+1 shift | Chennai News

Chennai: India has emerged as one of the biggest beneficiaries of the global diversification of manufacturing supply chains, with European companies sharply increasing investments in the country as businesses look beyond traditional production hubs, according to the latest UNCTAD analysis.The trend comes at a time when India and the European Union are working to conclude…

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