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No intention to increase ethanol blending in fuel beyond 20 pc: Union minister Hardeep Puri
Hardeep Singh Puri,Union Minister of Petroleum and Natural Gas The minister said the misinformation about the E20 (fuel) was a "contrived narrative". "Six crore vehicles go to the dispensing stations every day. If engine damage was caused, you could have seen the...
Oil spill in Gulf:UAE shuts more beaches
Conflict in the region is also increasing the risk of oil spills and maritime pollution. Dubai: An oil spill from a damaged tanker off the coast of the United Arab Emirates has widened, satellite images showed, triggering more beach closures and raising environmental...
Borr Drilling rig sinks off Gabon, one person dead and four missing
“Preliminary information indicates that the rig experienced a punch-through event during preload activities, resulting in loss of stability and the subsequent sinking of the rig,” the offshore drilling contractor said. Borr Drilling’s Prospector 5 rig sank late on...
Japanese companies compensate users as cyberattacks buffet economy
Japanese Prime Minister Sanae Takaichi said the government planned to compile an emergency package of measures against cyberattacks by next week. Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet...
Transit systems move towards fully automated trains
The Washington and LA projects, which would take years to implement and still face financial and technical hurdles, come amid an already fierce debate over the safety risks and benefits of automated trains and whether the substantial upfront expense is worth the...
Digital payment mandatory for Optional Travel Insurance on counter ticket from Oct 27: Railway Board
“Where a passenger opts for insurance, the applicable premium shall be collected along with the ticket fare through digital means only. Staff shall ensure that where the person is opting for insurance, payment is done through digital means,” the Railway Board has said...
Data centers face downgrade risk amid local pushback, S&P says
Delays due to grid capacity constraints, environmental sustainability concerns and zoning shifts “could increase downward pressure on the creditworthiness of data center projects,” analysts including Chris Mooney wrote in a Oct. 23 report. Data centers face potential...
WTW ordered to pay Rs3.67 cr to former employee in whistleblower retaliation case
The award includes ₹3,67,97,082 in special damages and ₹10 lakh for the mental agony, anguish and harassment suffered by Midha. The company has been directed to make the payment within 30 days of the judgment. In a separate development, Judge Shirin Javeed Ansari...
Govt allows use of 100 pc ethanol fuel in flex-fuel vehicles, amends emission norms
According to the Gazette notification, the government has included E100 alongside E85 in the emission standards prescribed for flex-fuel vehicles, paving the way for vehicles designed to operate on nearly pure ethanol New Delhi: The government has allowed the use of...
Govt extends export risk-relief scheme until March 2027 amid West Asia disruptions
The extension of Component II of the RELIEF (Resilience & Logistics Intervention for Export Facilitation) initiative is aimed at encouraging exporters to obtain insurance cover from the Export Credit Guarantee Corporation of India (ECGC) for eligible shipments to...
BPCL to cut Russian crude purchases as freight costs erode price advantage
BPCL, which sourced about 37 per cent of its crude from Russia in the July-September quarter, has continued to diversify its procurement as geopolitical tensions disrupt shipping routes and push up freight and insurance costs. The company has nevertheless secured...
Courts penalise firms for violating BIS quality and safety norms in Maharashtra, Kerala, Odisha
In one of the major financial penalties in recent cases, a Judicial Magistrate First Class Court in Bhiwandi, Maharashtra, imposed a total fine of Rs 34 lakh on importing firm Ador Welding Ltd and 16 of its directors and officials for violating mandatory BIS...
Thousands evacuated as cyclone Arnab nears eastern coast
Arnab, which formed over the Bay of Bengal before intensifying into a cyclonic storm, is expected to make landfall in Andhra Pradesh state by Wednesday morning, with gusts of as much as 140 kph (87 mph), India's weather office said. Bhubaneswar: Two states along...
Ship attacks in Strait of Hormuz hit record high in October
Raydan, who maintains the institute's interactive shipping incident map, has recorded 28 confirmed and reported attacks in the Strait of Hormuz and surrounding waterways in October and 113 since the US-Israeli war with Iran began on February 28. OSLO: October has...
PM inaugurates RBI’s Rs 169-cr data centre, Cybersecurity Training Institute in Odisha
Prime Minister Narendra Modi inaugurating the Reserve Bank of India's Rs 169-crore data centre and Cybersecurity Training Institute in Bhubaneswar on Sunday The data centre will host mission-critical payment and settlement systems, along with other flagship...
Global insured Nat CAT losses fall to lowest 9-month level since 2019: Gallagher Re Report
Q3 also marked the sixth consecutive quarter without an individual natural catastrophe generating more than USD10 billion in insured losses. This comparatively favorable loss experience has supported strong industry earnings, robust capital positions and substantial...
Europe’s Summer Toll: 50,000 deaths and a €17 billion GDP hit
“We often see elderly patients become confused or have strokes or have cardiac-type events where heat may have made a significant contributing factor to the death,” said Andrew Hartle, an intensive-care consultant at Imperial College Healthcare NHS Trust, in a press...
India’s heatwave move exposes global climate finance gap ahead of COP31
According to India's first Adaptation Communication to the UN Climate Change Summit in 2023 (COP28), the country alone estimated a cumulative need for expenditure for adaptation of Rs 56.68 trillion by 2030.Adaptation finance refers to the funds spent to help...