Grid stability, large-scale integration of renewable energy discussed in Parl panel meet

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…

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Planning to get your first loan or credit card? How lenders evaluate new-to-credit customers – explained

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…

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From TMC insider to rebel leader: Who is Ritabrata Banerjee, man at the centre of turmoil | India News

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…

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Goldman cuts HK stocks in favor of mainland China AI hardware plays

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…

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