Business
When and where will banks stay closed?
Planning a bank visit this August? Before you head to the branch, take a quick look at the holiday calendar. Banks will remain closed on several days this month, with the dates varying from state to state depending on regional festivals and local observances.For customers, this means a quick check of the holiday schedule could…
57 Trump officials worth at least $100 million: Donald dwarfs predecessors in ultra-rich appointments
A total of 57 Trump officials are estimated to have fortunes of at least $100 million. US President Donald Trump has surpassed his predecessors in the number of ultra-rich people he has appointed. According to a report released on Monday by consumer advocacy organisation Public Citizen, Trump has appointed more than four times as many…
Tata Power, IIT Bombay ink long-term clean energy research pact
Tata Power and IIT Bombay partner to develop and commercialise next-generation clean energy technologies. MUMBAI : Tata Power and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Master Research Agreement (MRA) to jointly accelerate the development, scaling and commercialization of next-generation energy technologies and clean energy solutions.The agreement was signed at the…
Tata Power’s digital command centre for real-time monitoring of renewable energy assets
Tata Power Renewables launches CREAMS, a 24×7 digital command centre to monitor and optimise its solar and wind assets nationwide. MUMBAI: Tata Power Renewables has launched its state-of-the-art Centre for Renewable Energy Analytics, Monitoring & Scheduling (CREAMS) at the company’s Trombay plant on August 20, highlighting a facility that is among the most advanced centralised…
Weak soil, trapped water likely behind Lucknow-Kanpur Expressway failures: Initial probe
IIT Kharagpur assessment flags weak, highly plastic soil and drainage issues as key causes of premature failures on the Lucknow-Kanpur Expressway. NEW DELHI: Use of weak and highly plastic soil beneath the Lucknow-Kanpur Expressway appears to be one of the main reasons for premature failures (slippage) on one of its stretches, an expert assessment has…
HC directs FDA to pay sweets seller for not lifting suspension despite compliance
Bombay HC orders FDA to pay Rs 5 lakh to Pune dairy retailer, allows business to reopen after 98% compliance. MUMBAI: Bombay high court on Monday directed the Food and Drugs Administration (FDA) to pay a Pune based dairy and sweets retailer Rs 5 lakh towards”losses” for not revoking the suspension of its food licence…
US stock market today: Wall Street near record highs; all eyes on corporate earnings, oil prices
Markets continue to watch the impact of the war with Iran on crude prices. US stock market today: Wall Street benchmarks were on Monday hovering close to record levels as investors looked ahead to a week of earnings from some of the country’s biggest retailers. Their results could offer clues about how consumers are coping…
India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles
India’s telecom and network equipment sector could soon emerge as a major contributor to the country’s GDP, but it still has some connecting to do.The telecom and network equipment sector could play a bigger role in India’s economy, helping double its GDP contribution and achieve $1 trillion in exports by 2030 under the National Telecom…
E20 petrol row: Bring back lower blend of ethanol fuel at pumps, says Chief Economic Adviser Nageswaran
E20, which contains 20% ethanol, was introduced nationwide last year. Chief Economic Adviser V Anantha Nageswaran has called for the government to consider reintroducing petrol with a lower percentage of ethanol, amid concerns on the impact of E20 petrol on vehicles.E20, which contains 20% ethanol, was introduced nationwide last year. Since April 1, it has…