The upcoming India Energy Week 2025 in New Delhi will show the progress achieved by India’s 4-plank energy security strategy (launched in January 2023), which is based on diversifying supplies; increasing exploration and production (E&P); developing alternative energy sources; and undertaking an energy transition through a gas-based economy, green hydrogen, and more.
Tag: Economy
Billionaire wealth grew by USD 2 trillion in 2024 alone: Oxfam report
Oxfam report says billionaire wealth grew by $2 trillion in 2024
SM Lee says “mikka nandri” to Indians in Singapore for making big impact and helping create bridge with India
SM Lee shared event photos on the social network X, and wrote: “Grateful to the Singaporean Indian community for organising the appreciation dinner ytdy, and for their support all these years. I am confident that the community will continue to help build a stronger and more united Singapore in the years to come!”
CDC vouchers worth SGD 300 brighten up the New Year for Singapore households, ahead of Budget 2025
The CDC website has provided a “Step-by-Step Video and Guide for Residents” for help with claiming and using the CDC vouchers. These vouchers can be claimed digitally using Singpass. Flexibility has been ensured by allowing anyone with the CDC voucher link to redeem a voucher; this enables family members to share the vouchers.
ILO says wages are recovering after negative shift in 2022
ILO is saying wages are recovering after negative shift in 2022
Be careful with your cash: Amid geopolitical tensions, MAS advises Singapore to be ready for volatility
In its analysis of the ‘Global Macrofinancial Environment’, the central bank of Singapore said that while global economic activity “has remained resilient”, there was still a risk because of “heightened policy uncertainty, trade tensions, and geopolitical conflicts that increase the probability of adverse shocks”.
King Carl XVI Gustaf and Queen Silvia of Sweden coming to Singapore on state visit from Nov 19 to 21
A Swedish Royal Court press release said: “The aim of the State Visit is to consolidate and develop the good relations between Sweden and Singapore and strengthen economic and political ties, focusing on trade, innovation, investment and green transition.”
Abu Dhabi crown prince visits Singapore; 8 MoUs signed, ranging from AI to clean energy
Reporting on the Singapore visit, the Abu Dhabi Media Office said: “His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended a networking event with members of the UAE-Singapore Business Council, during his official visit to the Republic of Singapore.”
India gives itself Dhanteras gift, shifting 102 tonnes of gold from Bank of England vault
India shifts USD 237K tonnes of gold from Bank of England vault
India remains world’s largest growing economy, but 3 key reforms needed, says IMF Asia-Pacific director
In 2024, the upcoming festival of Diwali, celebrated by the Indian diaspora around the world, is expected to see a total domestic spending of INR 1.8 trillion (USD 21.18 billion) by urban Indians alone. The size of the whole Diwali market in India is about 2.5 times that figure.
