Denmark is eager to move ahead on Prime Minister Narendra Modi’s recent proposal of setting up energy parks in India for Danish companies, which would also include facilities for research and development and skilling centres for job creation, according to Freddy Svane, Denmark’s Ambassador to India.

“We are discussing the concept right now as PM Modi’s proposal has just been made. We are keen to work on it and have started preparations on the Danish side. We will soon talk to the relevant Ministries in Delhi as well as States where we think there is a possibility of setting such parks. It can be in Tamil Nadu or Gujarat…we will have to see,” Svane told BusinessLine.

Modi and his Danish counterpart Mette Frederiksen, in their virtual bilateral summit on Tuesday, agreed to elevate India-Denmark relations to a ‘Green Strategic Partnership’ which also calls for increased focus on renewable energy,

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Olympic silver medallist PV Sindhu on Thursday pulled out of the Denmark Open badminton tournament scheduled to be held in Odense from October 13 to 18.

“Sindhu is not playing in Denmark, she has pulled out,” a source in the Gopichand Academy told PTI on conditions of anonymity.

The 25-year-old reigning world champion had pulled out of the Thomas and Uber Cup Final but later decided to participate in it after Badminton Association of India (BAI) president Himanta Biswa Sarma’s request. The tournament, however, has been deferred to next year after a spate of withdrawals because of Covid-19 pandemic.

The BAI had on Tuesday written to the players who have sent their entries for the Denmark Open, stating that they would be “travelling or participating at their own responsibility due to the current pandemic” and “have to send their consent within September 17“.

Though Sindhu decided against travelling to Denmark,

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(Bloomberg) — Denmark needs to borrow more than previously expected as postponed tax collection and other stimulus take a heavy toll on public finances.



a group of people sitting at a table with an umbrella: Customers sit at terraced tables at a cafe in Copenhagen, Denmark on Tuesday, June, 16, 2020. Denmark's central bank warned of the risk of a slow recovery from the historic recession triggered by Covid-19.


© Bloomberg
Customers sit at terraced tables at a cafe in Copenhagen, Denmark on Tuesday, June, 16, 2020. Denmark’s central bank warned of the risk of a slow recovery from the historic recession triggered by Covid-19.

The country’s financing need will be 374 billion kroner ($60 billion) this year, compared with a May estimate of 294 billion kroner, the finance ministry said late on Sunday. Economists had expected a reduction because the government’s aid programs have been tapped less than forecast.

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“It’s a surprise that the government raises the financing need,” Jan Storup Nielsen, a chief analyst at Nordea Markets in Copenhagen, said by phone. “The government doesn’t seem to take into account that things have progressed better than what was predicted in the

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