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  • The policy to incentivise green hydrogen manufacture is in place. A lot of producers will start manufacturing from 2024 onwards. This will be another big energy revolution in India. Solar energy is the first revolution in energy for India. India is targeting hydrogen costs to $1/kg from the current $4.5/kg by 2030.
  • Retail inflation in December perked up to 5.69% while November IIP stood at 2.4%. Some cause of concern.
  • Tata Consumer will acquire Capital Foods in a Rs 5100 crore deal.
  • Bajaj Auto board approves Rs 4000 crores share buyback.
  • India’s fuel demand rose to a seven month high in December to about 20.054 million metric tons.
  • About 1.45 lakh crore valued GST notices sent in Dec, for FY18.
  • Hyundai to invest Rs 6000 crores in Tamil Nadu. Ashok Leyland signs MoU with Tamil Nadu government to invest Rs 1200 crores.
  • Government to invest Rs 60000 crores in river cruise tourism, green vessels.
  • Vehicle scrappage policy key to cutting India steel sector emissions.
  • Tata sons could soon be finalising a semiconductor fabrication unit in Gujarat’s Dholera with project starting in 2024.
  • Israeli logistics start up plans to connect Dubai and Haifa ports via land to bypass Red Sea.

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