Business
IIT Madras research paper suggests environmental regulations for energy efficiency

Chennai, May 14
Researchers at the Indian Institute of Technology (IIT), Madras have suggested environmental regulations to increase energy efficiency in the manufacturing sector.
The suggestion is after a research carried out in collaboration with international scientists using the data for 15 years from 2000 to 2015. The study report suggested the need for a green domestic policy along with Foreign direct investment for improving energy efficiency in the manufacturing sector.
The study emphasised the use of adopted technology, linkage between tax and energy efficiency to promote renewable energy, and tax credit or exemption for firms improving energy efficiency.
The researchers also opined that export participation and Foreign direct investment will help the energy efficiency and improve the economic conditions of the country as such.
Assistant Professor in Humanities and Social Sciences Department of IIT Madras, Santosh Kumar Sahu headed the research team from IIT Madras. Dr Ajay Kumar from Emylon Business School, France, and Kim Hua Tan from Nottingham University Business School, United Kingdom were the foreign collaborators.
The research team said that the study was primarily aimed to find out whether it was right to levy more tax on firms to reduce greenhouse emissions.

50 seconds ago
Rozgar Melas: More than 10 lakh recruitment letters issued so far

1 minute ago
India and Iceland share common spirit of innovation, positive energy: Hardeep Puri

2 minutes ago
Market outlook: Quarterly earnings, inflation data, global cues to drive stock market this week

14 hours ago
Mexican president slams US raids on farmworkers

14 hours ago
"We will revoke their visas and deport them if they don't": U.S. Embassy warns visa holders

14 hours ago
NASA to telecast Axiom Mission 4 departure on July 14; India's Shubhanshu Shukla set to return from ISS

14 hours ago
Air India plane crash: Pilots' union seeks to join AAIB probe as observer

16 hours ago
Trump slaps 30 pc tariffs on EU, Mexico starting August 1

18 hours ago
Canada: Carney cites 'vital progress' on fentanyl amid Trump's tariff threat

18 hours ago
Tariff talks between Bangladesh and US end without conclusion

18 hours ago
'We will revoke their visas and deport them if they don't': U.S. Embassy warns visa holders

19 hours ago
NASA to telecast Axiom Mission 4 departure on July 14; India's Shubhanshu Shukla set to return from ISS

20 hours ago
KC Venugopal urges PM Modi to intervene to save Kerala nurse on death row in Yemen