Aware Financial News

The death of an older Arizona woman when her electricity was cut during a heat spell five years ago spurred changes in shutoff rules

Within weeks, the tsunami-hit Fukushima Daiichi nuclear power plant is expected to start releasing treated radioactive wastewater into the sea, a highly contested plan facing fierce protests in and outside Japan

eye infection are on the rise in Delhi, with many doctors cautioning that it is «highly contagious» and proper hygiene behaviour needs to be maintained to check its spread. Doctors at both government and private hospitals said they have been receiving cases largely from the younger population in the city. It is not sight-threatening but needs professional advice, they said.

Delhi government has planned to install 500 water ATMs to provide drinking water treated using the Reverse Osmosis (RO) process to people in slums and other such densely populated areas, Chief Minister Arvind Kejriwal said on Monday. The chief minister, who inspected an RO plant and inaugurated a water ATM at Khajan Basti in the Mayapuri area, said four water ATMs have been installed and 500 are planned in the first phase. Every person will be provided with a card which will let them draw 20 litres of water per day from these ATMs free of cost, he said.

₹5,729 crore from the “Depositor Education and Awareness" (DEA) Fund to facilitate the refund of unclaimed deposits, said Union minister of state for finance, Bhagwat Kisanrao Karad on Monday. The “Depositor Education and Awareness Fund Scheme, 2014", which was issued by the Reserve Bank of India (RBI), outlines regulations pertaining to unclaimed deposits and details the usage of the fund, including its role in promoting depositors‘ interests and supporting specified purposes.

TVS Supply Chain Solutions (TVS SCS) has secured a business deal from the iconic Centrica plc – an FTSE100 company and UK’s leading energy services and solutions company that also operates British Gas — for their supply chain transformation, according to a person aware of the development. This deal worth Rs 2,000 crore is for a period of seven years plus option years.

«Yes, 40 is a great milestone. And I think some people often these days are saying 40 is a new 20 because with every generation, we are looking younger as we age right,» says Aditya Agarwal, Co-Founder, Wealthy.in.So 40, a very crucial age group where a few of us might be having a few of their financial goals almost round the corner and getting completed. And then you are looking at retirement or maybe if you are aware enough, you might have just started investing for retirement. But financially speaking, ideally, what kind of age group or what kind of space you should be in your 40s?Yes, 40 is a great milestone.

climate change, many countries in the world, including Singapore, are seeing rising temperatures, the Ministry of Sustainability and the Environment and the National Environment Agency said in a release, “It is therefore important for members of the public to adapt." Singapore — located close to the equator with average monthly maximum temperatures of 31-32C (88-90F) — recorded its hottest day in four decades in May with a reading of 37 C. The government has warned of worsening air quality and said the upcoming haze season may be the hottest and driest since September 2019.

₹500 rupees a month and the Atal Pension Yojana (available to a small proportion of elderly) offers ₹1,000-6,000 a month . These sums are insufficient to cover even basic needs. Several other changes – such as a rise in the number of nuclear families, a decline in family size, and migration to urban areas and abroad – are also displacing the existing system of elderly care within families.

Nirmala Sitharaman will join the celebration at Plenary Hall, Vigyan Bhawan, New Delhi on Monday. The programme will begin at 6:00 pm today.

Go First flights scheduled till 25th July 2023 have been canceled. We apologize for the inconvenience caused by the flight cancellations," Go First said. “As you are aware, the company has filed an application for immediate resolution and revival of operations.

Coffee Day Global, which operates the Cafe Coffee Day chain across India, was admitted for corporate insolvency by the Bengaluru bench of the bankruptcy court last week, said people aware of the development. The National Company Law Tribunal (NCLT) passed an oral order on Thursday to admit the unlisted company based on a petition filed by IndusInd Bank. A detailed order is yet to be uploaded by the tribunal.

Wider tyres on passenger vehicles, both cars and SUVs, with 18-22 inch diameters and 245/255 mm width have seen double-digit growth since 2020, while the share of smaller tyres is shrinking rapidly. In CY 2020, the share of 12-inch wheel rim diameter was 6.3%, which fell to 1.2% in 2023, while the share of the 17-inch rims grew from 9.5 to 12.7%. In the same period, 18 inch rims have increased share from 1.3% to 6.5%, according to Jato Dynamics data.

Robert Downey Jr. has praised Cillian Murphy for his portrayal of J. Robert Oppenheimer in «Oppenheimer.» On the other hand, Downey plays Atomic Energy Commission chairman Lewis Strauss in the movie.

National Security Advisors (NSAs) of the BRICS member states will meet in South Africa from Monday to Wednesday and explore a security cooperation mechanism for the grouping amid several geopolitical security threats.NSA Ajit Doval is expected to meet senior Chinese diplomat Yang Jiechi on the sidelines of the event, which will be closely followed amid the Russia-Ukraine war. Yang is a former foreign minister and special representative for boundary talks with India. It is expected that impasse at the Line of Actual Control will be the key item on the agenda for the meet, said people aware of the matter.

Ganesha says time is very favourable for investment. There will also be an important discussion on the subject of changes in the home. Children may achieve some special success under your guidance.

Go First on Sunday announced the cancellation of its flights until July 25th The announcement was made via a Twitter post on Sunday. Go First said: «We regret to inform that due to operational reasons, Go First flights scheduled till 25th July 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellations.» The tweet further said the company has filed an application for immediate resolution and revival of operations.

Vodafone Idea (Vi) has failed to renew some lapsed bank guarantees (BGs) — some as low as Rs 99 lakh — and sought more time from the Centre to replenish them, underscoring the precarious financials at the debt-laden telco that is continuously losing subscribers to two of its bigger rivals. «Due to our weak financial position, we are not in a position to issue replacement BGs of Rs 99 lakh and Rs 32.49 crore as this requires 100% cash margin to be provided to the banks,» Vi said in a letter dated July 7 to the Controller General of Communication Accounts (CGCA-revenue wing) in the Department of Telecommunications (DoT). The telco also said it has been unable to renew additional BGs of undisclosed sums issued by Kotak Mahindra Bank due to its continuing financial constraints. ET has seen a copy of the letter. Kotak's BG exposure to Vi, at present, is within Rs 10 crore, a person aware of the developments told ET.

New Delhi: With state-run ONGC Videsh Ltd (OVL) yet to get equity rights for its shares in Russian energy project Sakhalin-1, the overseas arm of Oil and Natural Gas Corp. has not received any dividend payments, two people aware of the development said. The project is India’s most lucrative energy equity investment overseas and has been a significant source of returns for ONGC since its acquisition in 2001.

The airline had filed for voluntary insolvency proceedings on May 3 before the Mumbai bench of the NCLT, attributing the decision to protracted delays in sourcing airworthy engines from Pratt & Whitney (P&W). The Insolvency and Bankruptcy Code (IBC) provides for priority funding after a company has been admitted in NCLT at higher rates. This is considered in corporate insolvency resolution process (CIRP) costs and remains above banks' in the priority list of repayment, people familiar with the matter said.Bank of Baroda (BoB) and Central Bank of India (CBI), the two lead lenders for the grounded airline, have in principle agreed to lend Rs 450 crore, but needs approval from their board.

Piyush Goyal Sunday said that industry’s interest in India’s semiconductor sector is “phenomenal” and that companies like Micron and Foxconn are looking at various levels of engagement. “It is process driven. These are things that don't happen overnight…It’s not like somebody in my own state in Maharashtra some of the politicians who say I completely lost that government and that the project decided to shift to another neighboring states,” Goyal said at an event organised by CareEdge Ratings.