Sweltering heat driving up electricity demand in Kerala

Sweltering heat driving up electricity demand in Kerala

Consumption generally rises during the summer months, given the higher dependence on air conditioners to escape the heat. File. | Photo Credit: K.K. Mustafah Sweltering temperatures are driving up electricity consumption in Kerala, giving anxious moments to the State’s power sector. Daily electricity consumption stood above the 90 million unit (MU) mark on the last … Read more

Nvidia shares surge 15%, set off rally on Wall Street

Nvidia shares surge 15%, set off rally on Wall Street

New York: The benchmark S&P 500 index hit a fresh record high on Thursday after a blowout revenue forecast from AI darling Nvidia boosted investor confidence in the sector and sparked a rally in growth and technology stocks. Nvidia’s shares surged 15.2% after the chip designer forecast a roughly three-fold surge in first-quarter revenue on … Read more

China stimulus lifts local metal shares

China stimulus lifts local metal shares

Mumbai: Shares of metal companies surged on Wednesday as China’s move to prop up its economy is seen boosting demand and prices of metals, but experts remain skeptical of this rally sustaining till there are definitive signs of stronger growth in the world’s second-largest economy.Hindalco Industries, Tata Steel, JSW Steel, Jindal Steel and Power, Steel … Read more

We can’t deny entry pass if there is a demand from voters, Ramesh Jigajinagi says and defends Pratap Simmha

We can’t deny entry pass if there is a demand from voters, Ramesh Jigajinagi says and defends Pratap Simmha

Ramesh Jigajinagi is the Vijayapura MP. | Photo Credit: FILE PHOTO Member of Parliament Ramesh Jigajinagi has batted in favour of Mysuru and Kodagu MP Pratap Simmha stating that the “colour bomb incident inside Parliament has been a big lapse. I was present on the spot. However, it is not correct to say that it … Read more

After coastal Karnataka, people in Maharashtra’s Konkan region demand merger of Konkan Railway with Indian Railways

After coastal Karnataka, people in Maharashtra’s Konkan region demand merger of Konkan Railway with Indian Railways

The Konkan Vikas Samithi, representing people of Ratnagiri-Sindhudurg regions, has urged Railway Minister Ashwini Vaishnaw to merge Konkan Railway Corporation Ltd, with the Indian Railways for its inability to augment infrastructure due to funds constraint. Filephoto | Photo Credit: THE HINDU Just as people in Coastal Karnataka are demanding merger of Konkan Railway Corporation Ltd., … Read more

India Inc hungry for growth fuel, power stocks hit new highs

India Inc hungry for growth fuel, power stocks hit new highs

Mumbai: Shares of most companies in the power space are at all-time highs helped by the recent uptick in demand, an improvement in pricing trends, and pick-up in industrial demand. Shares of Torrent Power, NTPC and Power Finance Corp hit their lifetime highs on Wednesday, while REC hit its lifetime high earlier this month. Renewable … Read more

India braces for a Rs 50,000 crore rise in its subsidy bill for FY24

India braces for a Rs 50,000 crore rise in its subsidy bill for FY24

New Delhi: India‘s overall subsidy bill may surge by ₹50,000 crore this fiscal year because of increased expenditure on fertiliser, cooking gas and food security. The government expects to meet this higher spending from savings under other heads in its ₹45-lakh crore FY24 budget. Subsidy outgo for FY24 had been budgeted at ₹4.03 lakh crore, … Read more

EFLU faculty demand withdrawal of FIR against students; campus is peaceful, says VC

EFLU faculty demand withdrawal of FIR against students; campus is peaceful, says VC

The students and faculty of the English and Foreign Languages University (EFLU) released separate letters calling for apprehending the two unidentified accused in sexual assault on a student and withdrawal of FIR filed against 11 students of the university. “As teachers, we assure our colleagues, staff, and most importantly, our students, that we will work … Read more

Demand for inquest into Khalistan activist’s death in Birmingham likely on October 2

Demand for inquest into Khalistan activist’s death in Birmingham likely on October 2

File photo of the Pro-Khalistani Sikhs demonstration outside the Indian High Commission in London. | Photo Credit: The Hindu The Sikh Federation UK (SFUK) plans to make a formal demand, likely on Monday, for a coroner’s inquest into the death of Khalistani activist Avtar Singh Khanda in Birmingham last June, according to sources aware of … Read more