Talen Energy defends its Amazon data center deal against claims by utilities, stating it won't raise power costs or affect grid reliability. The dispute could set a precedent for future data center agreements. FERC's decision pending.
Devendra Pant, Chief Economist at India Ratings, highlights the long-term impact of water scarcity in India on agriculture, manufacturing, and hydroelectricity production. He emphasizes the need for immediate action by policymakers and citizens to address this critical issue. Pant says water scarcity is going to have an impact. and not only in agriculture, unless we develop or have those seeds and crops that can withstand extreme weather conditions.
Stock market analyst discusses the outlook on defence stocks and suggests focusing on durables, value retailers, and staple companies for potential growth in consumption over the next 12-18 months. Pankaj Tibrewal says over longer periods, the basics of investing will help navigate any challenges in the market. In the long term, he is positive but will wait for better entry points, and from a bottom-up perspective many of the stocks are in the frothy expensive zone.
The first session of the 17th Odisha Legislative Assembly is scheduled to commence on July 22, 2024, with Governor Raghubar Das delivering the opening address, followed by a motion of thanks. The session agenda includes the election of the Deputy Speaker on July 23 and the presentation of the Odisha budget for 2024-25 on July 25, followed by discussions on July 29-31. Concurrently, preparations for the Jagannath Puri Rath Yatra on July 7 are underway, with extensive arrangements including a 225-bed... Читать дальше...
The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross domestic product.
The NHRC has taken serious note of reports alleging women are being coerced into sex trade under false job promises by criminal elements. Following a raid in Ranchi, Jharkhand, where women spoke of being trapped by familial pressures and economic needs, the NHRC issued notices to all states and UTs' chief secretaries and police chiefs. They demand reports on actions taken against these syndicates, highlighting systemic vulnerabilities despite existing legal protections. Additionally, the NHRC addressed concerns over child welfare... Читать дальше...
Self-styled godman "Bhole Baba" Suraj Pal Singh addressed the Hathras stampede, expressing sorrow and promising justice for the 121 lives lost. Main accused Devprakash Madhukar surrendered, emphasizing cooperation with authorities. Congress leader Rahul Gandhi visited victims' families in Hathras, while CM Yogi Adityanath announced financial aid. A Judicial Inquiry Commission, led by Justice Brijesh Kumar Srivastava, will investigate the incident. Initial findings suggest chaos ensued when devotees sought blessings... Читать дальше...
The Badrinath National Highway in Chamoli district, Uttarakhand, has faced severe disruptions due to debris accumulation at multiple locations. Chamoli Police reported blockages near Bhanerpani, old Nagar Panchayat Pipalkoti, Kanchen Ganga, Chhinka Paagalnala, and Helang. These incidents have stranded commuters and locals, impacting traffic significantly. Efforts by local authorities and police to clear the debris have been ongoing, with interruptions in vehicular movement lasting for several hours at different points along the highway.
In a pivotal moment for the Democratic Party, scrutiny over President Joe Biden's debate performance has sparked discussions about Vice President Kamala Harris potentially leading the party's ticket in the upcoming election, according to CNN. As doubts grow about Biden's re-election viability, prominent Democratic figures and donors are increasingly considering Harris as a credible alternative. Despite maintaining public solidarity with Biden, recent adjustments in Harris's schedule and strategic... Читать дальше...
In a candid television interview, US President Joe Biden reflected on his challenging first presidential debate against Donald Trump, admitting to feeling "exhausted" and "sick" during the encounter. Biden, 81, attributed his performance to a bad cold rather than a serious condition, emphasizing his commitment to continue running for re-election despite some party leaders suggesting otherwise. He dismissed concerns about his mental fitness, stating he undergoes daily cognitive tests and would only... Читать дальше...
According to the findings, there are about 120 top GCCs in India with some 21,000 senior executive roles, including those of vice-president, assistant vice-president, senior vice-president and director. These senior executives have a minimum experience of 15 years, and in the last one year, more than 100 have moved from an IT company to a GCC.
In a historic outcome for Indian-origin representation, the UK Parliament will see a record 29 MPs of Indian descent after the 2024 general election. Labour emerged as the dominant party for People of Indian Origin (PIO) MPs, securing 19 seats, including 12 newcomers. Notable figures like Preet Gill, Tanmanjeet Singh Dhesi, and others retained their seats, while the Conservative Party added two new PIO MPs amidst losses in key constituencies. The elections reflect a milestone in British politics... Читать дальше...
Amid a legal battle, Apple approved Epic Games' marketplace app in Europe, excluding Fortnite. Apple rejected the app twice over button designs violating the Digital Markets Act. Epic reported to the European Commission, addressing iOS control concerns. Following Apple’s March policy changes with a core technology fee, developers and antitrust regulators criticized Apple's tight ecosystem control.
Chennai Police have apprehended eight suspects linked to the murder of Tamil Nadu BSP president Armstrong, who was fatally attacked by an unidentified group near his home in Perambur. Meanwhile, Devprakash Madhukar, a key figure in the Hathras stampede case that claimed 121 lives, surrendered to authorities. His lawyer stressed Madhukar's cooperation in the investigation. Congress leader Rahul Gandhi also visited Hathras to console families affected by the tragic event.
Elon Musk seeks to dismiss lawsuit from former Twitter shareholders over delayed stake disclosure. Shareholders claim he saved $200 million by waiting to reveal his 9.2% ownership. Musk denies fraud allegations, stating it was a mistake. SEC also looked into his Twitter stock purchases. Lawsuit led by Oklahoma pension fund.
The National Commission for Women (NCW) initiated legal action against TMC MP Mahua Moitra for her derogatory remarks against NCW chairperson Rekha Sharma. In response, Moitra challenged Delhi Police to act on the suo moto orders, stating her location in Nadia and readiness for arrest. Moitra's comments followed a video showing Sharma at the Hathras stampede site, which she criticized harshly. The NCW condemned the remarks as a severe violation of dignity and urged legal action, filing a formal complaint... Читать дальше...
A senior official from the Tripura State AIDS Control Society (TSACS) reported that 47 students have died from HIV in Tripura, and 828 have tested HIV-positive. The majority of these students are from 220 schools and 24 colleges, with many using injectable drugs. The TSACS data indicates five to seven new HIV cases are detected daily. As of May 2024, 5,674 people with HIV are alive in Tripura, including 572 students. The rise in HIV cases is linked to intravenous drug use, particularly among children from affluent families.
Welcome to a brand new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories that we covered this week. Here’s a recap if you missed them.
Dakshina Kannada district has closed Anganwadis, schools, and pre-university colleges on July 6 due to heavy rainfall, following a red alert issued by the India Meteorological Department (IMD). Deputy Commissioner Mullai Muhilan's order also advises fishermen to avoid the sea and cautions citizens and tourists to steer clear of low-lying areas, riverbanks, and seashores for safety. The IMD forecasts isolated heavy rainfall over Coastal Karnataka on July 5-6 and South Interior Karnataka on July 6, with continued rainfall expected through July 9.
ITR filing: You filed income tax return will be cancelled if you don't verify it within 30 days of filing of ITR. There are multiple ways to verify an filed ITR including a offline process. Read below to find out various ways of verifying a income tax return (ITR) online and offline.
Newly elected Labour Prime Minister Keir Starmer will begin his "rebuild Britain" initiative on his first full day in office, following a landslide election victory that ended 14 years of Conservative rule. Starmer, who secured a 174-seat majority, spent his initial hours appointing his ministerial team and will hold his first cabinet meeting on Saturday. Key appointees include Britain's first woman finance minister, Rachel Reeves, and new Foreign Secretary David Lammy. Starmer's government faces challenges such as a stagnating economy... Читать дальше...
