Kanadevia unit signs 33.5-year waste-to-energy deal in Morocco
Kanadevia unit signs 33.5-year waste-to-energy deal in Morocco
Vaalco completes gas well, starts new drilling in Gabon
Vaalco completes gas well, starts new drilling in Gabon
Air Astana reports Q2 revenue growth amid rising costs
Air Astana reports Q2 revenue growth amid rising costs
RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?
RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band, which could prompt future rate hikes. Banks monitor deposit-credit ratios and government security yields for rate decisions. High interest rates on small savings schemes also influence bank deposit offerings. Lenders may…
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?
RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This decision allows many borrowers to continue enjoying current low home loan interest rates. However, rising retail inflation and potential rate hikes may lead to higher interest costs soon. Homeowners can explore prepayment…
IndiGo ordered to pay Rs 60K after passenger misses flight over missing terminal details
A consumer commission found IndiGo liable for service deficiency after a passenger missed his flight. The airline failed to provide complete terminal information on the ticket and SMS. This omission caused the passenger to go to the wrong terminal and miss his flight. The commission ordered IndiGo to pay compensation and litigation costs to the…
Police use water cannons to halt Karni Sena rally in Jaipur
Police used water cannons and mild force to stop a Karni Sena protest march. Demonstrators moved towards the BJP office instead of the district collectorate. Protesters alleged police lathicharged them and used water cannons on women. The Karni Sena demanded withdrawal of UGC guidelines and other changes. They vowed to continue protests on streets for…
Will Nifty & Sensex continue to diverge?
As per SEBI guidelines, a new Closing Auction Session has been introduced for eligible stocks, where continuous trading will halt at 3:15 PM instead of 3:30 PM. This has altered the final closing price calculation methodology for several stocks.
Elon Musk reshares ‘forecast’ he made in 2014 on AI, says his warning was correct
Elon Musk has reshared an old warning about artificial intelligence dangers. He believes rapid machine intelligence advances pose an existential threat to humanity. Musk’s 2014 prediction about AI being more dangerous than nukes is reiterated. He has consistently advocated for public oversight and regulation of AI development. Other tech figures and academics have previously pushed…
RBI holds rates steady as expected, awaits clarity on inflation path
RBI holds rates steady as expected, awaits clarity on inflation path