New Delhi: Emerging requirements of grid stability amid India’s growing electricity demand, large-scale renewable energy integration, and the increasing share of inverter-based generation resources and bulk loads were discussed in a meeting of the parliamentary consultative committee of the ministry of power on Tuesday.Chaired by Union power minister Manohar Lal, the meeting stressed the need…
Why BJP and JD(S) will keep close watch on DK Shivakumar government NEW DELHI: The DK Shivakumar era has started in Karnataka. The Congress’s biggest troubleshooter is finally in the saddle as the chief minister of his state – a dream he nurtured and worked for over the years. Shivakumar took oath of office in…
New Delhi: Coal gasification has so far saved Rs 28,000 crore in foreign exchange by reducing reliance on imported oil, methanol and ammonia, govt said recently as it prepares to launch the second phase of the programme.At a recent meeting with investors, coal ministry said the first phase of scheme, launched in 2023-24, had mobilised…
A physical bitcoin BTC$66,803.93 from the legendary 2011-2013 Casascius mint had its hologram seal removed on Wednesday and the 25 BTC stored inside, worth $1.70 million at current prices, transferred to a new wallet. Casascius coins were physical tokens created by software engineer Mike Caldwell in denominations of 0.5, 1, 5, 10, 25, 100 and…
Understanding how lenders evaluate applications can help you improve your chances of accessing formal credit. (AI image) Getting your first loan or credit card can often be a challenge. Your lack of credit history makes it difficult for lenders to assess your creditworthiness, which essentially means banks and NBFCs have no historic data around your…
Ritabrata Banerjee (File photo) In a major escalation of the crisis within the Trinamool Congress (TMC), expelled party leader Ritabrata Banerjee on Wednesday claimed that Assembly Speaker Rathindra Bose had recognised him as the leader of the opposition in the West Bengal Assembly and accepted the rebel camp’s claim to legislature party status.Addressing a press…
Goldman Sachs is officially preferring mainland Chinese stocks to those traded in Hong Kong. The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight on mainland China’s A shares — as a way to play artificial intelligence hardware. Most of China’s AI semiconductor companies and their suppliers…
Ford Motor Co. is recalling nearly 4.2 lakh vehicles in the US due to a seat belt issue that could increase the risk of injury in the event of a crash, AP reported citing National Highway Traffic Safety Administration (NHTSA).The recall covers certain Ford Expedition and Lincoln Navigator vehicles from model years 2018 through 2022.According…
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Strategy’s (MSTR) recent bitcoin BTC$66,856.83 sale has had an outsized impact on market sentiment, but Wall Street bank Citi does not see the move as changing the company’s long-term strategy. The bank said the sale was anticipated after Strategy signaled plans to dispose of certain tax-disadvantaged bitcoin holdings during its first-quarter earnings call as part…
