Tuesday, October 13
AM Green, backed by the founders of Greenko Group, has partnered with the Port of Rotterdam Authority to establish a dedicated green fuel corridor linking India with Northwestern Europe. The alliance aims to enable annual trade of up to 1 million tonnes of green fuels, such as green ammonia and sustainable aviation fuel, valued at nearly $1 billion.The two sides have signed a memorandum of understanding (MoU) to develop a green energy supply chain that will connect India’s emerging green hydrogen production clusters with Europe’s largest energy gateway, the Port of Rotterdam.The collaboration will focus on key elements such as supply of bunkering fuels and sustainable aviation fuels (SAFs), as well as planning for critical terminal infrastructure in Rotterdam and along the wider Europe
Mumbai: The recent rebound in the stock market has pushed the Nifty above its 200-Day Moving Average (DMA)-a long-term trend indicator-signalling a bullish undertone among blue chips. Beneath the surface, the optimistic mood may not be as widespread, but it's more sanguine than it was a couple of months ago.Of the top 500 stocks, 226 are trading above 200-day moving averages, according to Axis Securities. When a stock or an index is above its 200 DMA, it's said to be in a long-term uptrend and vice versa. It's the average price of a stock or index over the last 200 trading days, which is close to a full trading year, helping investors get a better view of the price trends over a longer period. Nifty's 200-DMA is at 24,631, about 0.9% below Friday's closing level of 24,853.Though the stocks
