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11.06 / 04:09
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International
Mint Explainer: Why the surging use of AI may challenge India’s power sector
Also read | Can India keep up with the ebbs and flows of power demand? Additionally, the 2022 electric power survey considered emerging demand from electric vehicles—it assumed that 30% of all vehicles sold in 2030 would be battery electric vehicles and 100% by 2042. Solar power and hydrogen mission contributions that will ease the pressure on conventional energy sources were also considered. However, the widespread use of artificial intelligence (AI), particularly generative AI, and the setting up of large data centres to support online AI interactions could lead to the overshooting of these demand forecasts.
11.06 / 04:09
UPS
BLOCK
Aviat
security
electronic
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International
Stocks to watch: IndiGo, RVNL, TaMo, Vi, IRB Infrastructure, Jubilant Foodworks
Interglobe Aviation: Interglobe Enterprises, a promoter entity of Rahul Bhatia, is planning to sell a stake worth $394 million in Indigo Airlines’ parent company, Interglobe Aviation, via a block deal. The entity currently holds a 37.75% stake in Interglobe Aviation.
11.06 / 04:09
markets
Citi
Aviat
Airlines
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social
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stake
Indigo Airlines share price down over 2% as Interglobe Enterprises plans to offload stake worth $394 million
₹4445.00 on June 11, at 9:25 am, on BSE. The company enjoys a market capitalisation of ₹1,76,105.16 crore as BSE.The sale's floor price is set at ₹4,266 per share, a 6.5 per cent discount from Interglobe Aviation's closing price of ₹4,562.55 on June 10.
11.06 / 03:09
COST
security
economy
Food
wellness
Cycling
reports
India likely to cut interest rates ahead of US: Report
employment data in the US weakens the case for monetary policymakers in the world's biggest economy to begin the cycle of easing, said a report by ICICI Securities Primary Dealership. Reserve Bank of India (RBI) Governor, Shaktikanta Das, Friday said that the rate-setting panel will look at domestic conditions while taking rate cut decisions and will not be following the Fed. Other central banks are also diverging from the Fed, as the Bank of Canada and European Central Bank cut rates last week.
11.06 / 03:09
markets
UPS
Reuters
President
information
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Oil prices extend rally on potential U.S. crude purchase for reserve
Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firmer dollar. Brent crude futures climbed 28 cents, or 0.3%, to $81.91 per barrel by 0038 GMT and U.S. West Texas Intermediate crude futures rose 31 cents, or 0.4%, to $78.05.
11.06 / 03:09
markets
UPS
DOW
Trade
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Updates
Indexes mostly edge up ahead of Fed meeting, CPI
stock indexes were barely higher in afternoon trading Monday, with investors cautious ahead of this week's consumer prices report and a Federal Reserve policy announcement. The Consumer Price Index report for May is due Wednesday along with the conclusion of the Fed's two-day policy meeting.
11.06 / 03:09
markets
security
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reports
ARCs to see recoveries improve from stressed residential projects
ARC) are expected to see an increase in cumulative recovery rates of stressed residential real estate projects by 5 to 7 percentage points, with demand underpinning the return to solvency for several projects previously stuck with unsold inventory. Recovery rates are expected to touch 16-18% as of March 2025, from 11% a year ago, said a report by Crisil Ratings.
11.06 / 01:23
Provident
FIVE
Gap
Research
consequences
reports
Auto-IRAs get another push in Rhode Island
A new bill introduced by Rhode Island legislators aims to establish a state-sponsored auto-IRA program, addressing the retirement savings gap among private sector workers in the state.
11.06 / 01:03
10.06 / 22:01
Action
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War
rock
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NOT
'Gears Of War' 6: It's not exactly a sequel. What's the real story behind it?
Gears of War' 6 saw an official announcement yesterday but there is a slight twist to it. This game will not be the sequel to 'Gears of War' 5 as was earlier expected. Instead, it will be coming in as a whole new avatar with an independent backdrop of its own.
10.06 / 22:01
Fox
BAY
Research
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evacuation
California wildfire: Over 52,000 people killed due to pollution
California wildfires has claimed over 52,000 lives over the span of a decade, as per a new study published in Science Advances estimates that pollution, as per a Fox Weather report.
10.06 / 22:01
Waters
ICE
Glacier
reports
shock
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Why do climate change scientists plan to pump water into Arctic Circle? You will be shocked to know the reason
Arctic Circle is facing the onslaught of climate change. The melting ice glaciers are causing an overload of water and affecting the climate of the region. Some scientists are working towards saving the Arctic. However, it is not as easy as loading a large fridge onto the region. Scientists are working on many projects including reflecting the sunlight whose increased intensity is increasing the phenomenon of global warming. This was revealed in a video on YouTube. It has been reported by the Wall Street Journal. What is being done? What are these techniques is something that needs to be closely studied.
10.06 / 20:29
Provident
Target
FIVE
Platform
Research
reports
Relationships
More DIY investors want an advisor in their corner
Self-directed investors, who traditionally manage their investments independently, are increasingly recognizing the value of human advice, according to new research from Cerulli.
10.06 / 20:29
10.06 / 19:33
10.06 / 19:33
markets
UPS
FIVE
Aware
country
reports
BPCL plans to set up new refinery for Rs 50k cr
Bharat Petroleum Corporation (BPCL) plans to set up a new 12 million metric tonnes per annum (MMTPA) refinery in the country, two industry officials aware of the development told ET. The state-owned oil marketing company will invest around Rs 50,000 crore in the project for which it is currently evaluating locations in three states — Andhra Pradesh, Uttar Pradesh, and Gujarat, they said.
10.06 / 19:33
Provident
Fighting
WhatsApp
reports
Features
Updates
MultiVersus: Will Ranked Mode return? Here’s what we know so far
MultiVersus relaunched in 2024 with Season 1 Battle Pass, introducing new characters, currency, and a parry mechanic. However, the Ranked Mode was missing, despite its importance in competitive online games. This article provides details on Ranked Play in MultiVersus, as per a Dexerto report.
10.06 / 18:55
10.06 / 18:55
COST
Citi
stars
reports
travelers
shock
Where is ‘fake Venice’ situated? Why did ‘Venice of China’ fail to attract tourists? Details here
Venice but found it expensive? You could have traveled to the ‘Venice of China’, if not for the recent experience of a travel vlogger who found the city to be empty, with buildings still unused and empty canals which are full of sludges. This project which cost China GBP 507 million, now resembles a ‘ghost town’. The project hoped to inject some European architecture and culture prompting tourists to visit this ‘Chinese Venice’ instead of the town located on the Italian coast. This has been reported by the Daily Star.
10.06 / 18:49
Target
Manufacturing
Election
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Bill
reports
Budget likely to stick to fiscal road map: UBS
UBS said in a report on Monday.
10.06 / 18:45
Death
community
show
Inside
reports
Videos
mountaineering
Missing mother found dead, swallowed whole by 5-metre python in Indonesia
An Indonesian woman was found dead inside the belly of a massive python after she went missing from her village in South Sulawesi province.
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