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EV Battery Fires: South Korean blaze puts spotlight on safety concerns
Auto experts say EV battery fires burn differently than fires in...
Floods threaten Europe as searing heat gives way to storms
Climate change is increasing the frequency and intensity of extreme...
Suez Canal blockage adds to pressure points in global trade
About 12% of global trade by volume goes through the Suez Canal, but it accounts for 30% of the world’s daily shipping container freight. That makes it the most important conduit for trade between Europe and Asia. Some 19,000 vessels passed through the canal last year, according to official figures.
WHO report says animals likely source of COVID
The researchers listed four scenarios in order of likelihood for the emergence of the virus named SARS-CoV-2. Topping the list was transmission through a second animal, which they said was likely to very likely. They evaluated direct spread from bats to humans as likely, and said that spread through “cold-chain” food products was possible but not likely.
Suez Canal traffic resumes after stranded container ship freed
It remained unclear when traffic through the canal would return to normal. At least 367 vessels, carrying everything from crude oil to cattle, have piled up on either end of the canal, waiting to pass.
Data firm Refinitiv estimated it could take more than 10 days to clear the backlog of ships. Meanwhile, dozens of vessels have opted for the alternate route around the Cape of Good Hope at Africa’s southern tip — a 5,000-kilometer (3,100-mile) detour that adds some two weeks to journeys and costs ships hundreds of thousands of dollars in fuel and other costs.
COVID-19: Daily deaths over 300 for first time this year, 62,714 new cases
The 312 new fatalities include 166 from Maharashtra, 45 from Punjab, 14 from Kerala, 13 from Chhattisgarh, and 10 from Delhi
Over 40 mn old vehicles on Indian roads, Karnataka tops list at 700,000
More than four crore vehicles have been found to be older than 15 years, including over two crore which are more than 20 years old, as per the data.
The digitised vehicle records are as per the centralised Vahan database that excludes “Andhra Pradesh, Madhya Pradesh, Telangana, and Lakshadweep”, the ministry said.
Uttar Pradesh occupies the second spot with 56.54 lakh vehicles, of which 24.55 lakh are older than 20 years.
Cairn to seize overseas Indian assets to enforce $1.2-bn arbitration award
India has appealed against the arbitration award on the grounds that taxation-related matters are not covered in its bilateral investment treaty with the United Kingdom under which the case was filed, and therefore the arbitration tribunal does not have the jurisdiction to rule on the matter, sources said.
Amid Covid surge, RBI to opt for status quo in monetary policy: Experts
In a report, Dun & Bradstreet said the recent surge in the COVID-19 cases and the restrictions imposed by several states will impose further uncertainty and hurdles to the pace of revival of industrial production.
IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21
Companies including LIC, HDB Financial Services, NCDEX, ESAF Small Finance Bank are expected to come out with their IPOs in 2021-22, said Rajendra Naik, Managing Director – Investment Banking, Centrum Capital.
Sandeep Bhardwaj, CEO, Retail at IIFL Securities said the IPO pipeline remains strong with 28 companies holding markets regulator Sebi’s approval for raising nearly Rs 28,710 crore through initial share-sale going forward.
Fire breaks out in govt hospital in Kanpur; no casualty
The chief minister also directed a high-level team, including the principal secretary, health education and the director general of the fire department, to visit the site and give its report immediately.
India a potential market for Panamera sedan: Porsche
The company, part of the German auto giant Volkswagen group, last month rolled out the 2021 edition of Panamera in four variants — Panamera, GTS, Turbo S, and Turbo S E-hybrid, priced between Rs 1.45 crore and Rs 2.43 crore (both ex-showroom).