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Goldman names stocks to buy in 4 sectors ‘critical’ to clean energy
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Goldman names stocks to buy in 4 sectors ‘critical’ to clean energy

Goldman Sachs has identified four “critical” sectors in the clean energy market, beyond the usual suspects. They are: copper or aluminum, electricity transmission, semiconductors and cybersecurity. Dubbing them “greenablers,” the investment bank said these sectors are less appreciated by ESG investors but could be “in the framework of investors potentially looking beyond Solar/Wind/Water stocks.” “We...

Ukrainian and UK IT sectors to deepen collaboration, partnerships
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Ukrainian and UK IT sectors to deepen collaboration, partnerships

Despite eight months of warfare, Ukraine’s IT industry remains open for business. Indeed, it is one of the only sectors in Ukraine registering growth, and with a resilient, committed and highly tech-savvy workforce, is ready and eager to work hand-in-hand with UK tech companies to address collective digital challenges. That was the message delivered...

Govt considering extending Rs 35,000 cr PLI scheme to more sectors
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Govt considering extending Rs 35,000 cr PLI scheme to more sectors

The government is considering proposals to extend Rs 35,000 crore PLI scheme to different sectors such as leather, bicycle, some vaccine materials, and certain telecom products with an aim to boost domestic manufacturing and create jobs, an official said. PLI (production linked incentive) benefits are also being considered for toys, some chemicals...

IR35 reforms to be scrapped in public and private sectors from April 2023, government confirms
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IR35 reforms to be scrapped in public and private sectors from April 2023, government confirms

The government has confirmed that it will repeal the controversial IR35 tax avoidance reforms from 6 April 2023,  as a “first step” towards simplifying the UK tax system. The shock decision, announced during chancellor Kwasi Kwarteng’s first fiscal statement since prime minister Liz Truss appointed him on 6 September, will roll back changes that...

Corporatisation of power, agri sectors will be disastrous: K T Rama Rao
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Corporatisation of power, agri sectors will be disastrous: K T Rama Rao

The Centre is trying to privatise power and agriculture sectors which will have disastrous impact on farmers and others, Telangana Minister for IT and Industries K T Rama Rao has alleged. Speaking to reporters in Siricilla on Thursday, he said if the Electricity (Amendment) Bill brought in by the Central government turns...

German discounter Aldi breaks into UK grocery sector’s ‘big four’
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German discounter Aldi breaks into UK grocery sector’s ‘big four’

Aldi store in Leicester, United Kingdom (Image credit: Chris J Bradshaw // shutterstock.com) Aldi has replaced Morrisons as one of the UK grocery sector’s ‘big four’ supermarkets. Free Report Innovation Update Q2 2022: Meat and Meat Alternatives Meat alternatives continue to push boundaries, as companies explore 3D printed, plant-based, and precision fermentation-based alternatives. As a...

France’s public and private sectors race to adapt as winter energy crisis looms
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France’s public and private sectors race to adapt as winter energy crisis looms

Both the French government and the private sector have been forced to find ways to adapt as gas and electricity prices have risen steadily for months, threatening several sectors with shutdowns in a bid to reduce costs – including swimming pools, gymnasiums and ski resorts.  As autumn approaches, Europe’s energy crisis is affecting several sectors in France. Soaring prices...

Need to diversify agriculture towards power, energy sectors: Gadkari
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Need to diversify agriculture towards power, energy sectors: Gadkari

With India being energy deficient, there is a need for the country to diversify agriculture into energy and power sectors, Union Minister for Road Transport and Highways Nitin Gadkari said on Saturday. “We already have energy shortage. We are making an expenditure of Rs 15 lakh crore every year for importing petrol,...