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Here is a masonry blog layout with no sidebarPent-up demand to push auto dealer volumes up by 10-15% in FY22: CRISIL
Dealers of two-wheelers, passenger vehicles and commercial vehicles expect sales to increase 10-15 per cent this fiscal on a low base of last fiscal, driven by new model launches, pent-up demand, and festive season sales, the survey revealed.
However, a possible third wave of COVID-19, spurt in fuel prices and supply constraints of original equipment manufacturers (OEMs) are seen among factors that could slow the sector down, CRISIL said on Monday.
After July, August too set to record less than normal rainfall: IMD
Ez4EV to soon launch on-demand mobile charging stations for EVs
The transition from IC (internal combustion) engines to e-mobility requires efficient charging infrastructure. The Ez4EV plans to solve the problem of inadequate infrastructure by deploying a network of autonomous EzUrja charging stations. With this, the company aims to become a key player in the innovative charging infrastructure market by providing ‘Infra-as-a-Service’ for the Indian EV sector.
Green Sheen Environment Foundation offers AI-based Solutions to challenges in water secto
“Our population has quadrupled while water extraction has increased six-fold. Twelve per cent of India’s population is already living the ‘Day Zero’ scenario, thanks to excessive groundwater pumping, an inefficient and wasteful water management system and years of deficient rains,” says Chintan Mehta, Founder and Chairperson, Green Sheen Environment Foundation, and President of the Chicago-based Scad Consultants.
Hurricane Ida lashes Louisiana, knocking out power in New Orleans
U.S. President Joe Biden declared a major disaster in Louisiana, ordering federal assistance to bolster recovery efforts in more than two-dozen storm-stricken parishes. Ida slammed ashore around noon near Port Fourchon, Louisiana, a hub of the Gulf’s offshore energy industry, blasting the coast with hurricane-force winds extending 50 miles (80 km) out from the eye of the storm. Landfall came 16 years to the day after Hurricane Katrina, one of the most catastrophic on record, struck the Gulf Coast.
Asian tourism sees ups, downs in 2nd year of pandemic
Alibaba fires 10 for leaking sexual assault accusations
The Alibaba incident this month shone a spotlight on criticisms that Chinese women are overlooked, objectified or forced to take part in male-dominated rituals like drinking with clients, then brushed aside when reporting abuse. It coincides with intense government scrutiny on issues ranging from exploitative and monopolistic behavior to the abuse of low-wage workers.
China market regulator says it will tighten oversight of sharing economy
PhonePe receives insurance broking licence from IRDAI
With over 300 million registered users,Phone Pe’s ‘direct broking’ license will allow it to distribute insurance products from all insurance companies across India.
Gunjan Ghai, vice president & head of insurance at PhonePe said, “This licence is a big milestone in our insurance journey as this move to broking will give us further momentum and accelerate our growth in this space. We are building a robust, full-service platform for our deeply engaged customer base through products in partnership with high quality insurers.”
China limits children to 3 hours of online gaming a week
Covid-19 3rd wave could peak between Oct-Nov; intensity expected to be 1/4 of second wave
Manindra Agrawal, an IIT-Kanpur scientist who is part of the three-member team of experts that have been tasked with predicting any surge in infections, said if no new virulent emerges, then the situation is unlikely to change.
If the third wave peaks, the country may see only 1 lakh daily cases as against more than 4 lakh when the deadly second wave was at its peak in May. The second wave killed thousands and infected several lakh.
Major world cities shunning datacentres for sucking out power; India must rethink on Mumbai concentration: Microsoft exec
”Many of the developed cities, many of the developed countries have actually stopped building datacentres in those cities. Cities like Amsterdam, modern city like Ireland, extremely modern city like Singapore…they have almost stopped development of new datacentres in their cities. They are sucking out entire power of that city,” Rahul Dhar, country director, data centres, for Microsoft, said at an event organised by industry lobby CII.
RBI issues direction on compensation of private banks’ top officials
Covid treatment or booster Shot? Non-Vaccine aims to boost immunity
Fortunately, there’s another promising option: preventative Covid-19 treatments using monoclonal antibodies. These are lab-made proteins that boost the immune response to infection by binding to particular sites on the SARS-CoV-2 spike protein. The technique was developed over 35 years ago and more recently used against the Ebola virus.
India reports 45,083 new COVID-19 infections, Kerala logs 31,265 cases
FSDC meeting on Sep 3; to take stock of economy, financial sector
The Reserve Bank of India Governor, and the heads of the Securities and Exchange Board of India, Insurance Regulatory and Development Authority of India, Pension Fund Regulatory and Development Authority, and International Financial Services Centres Authority are also members of the FSDC.Sources also said that the finance minister may ask financial sector regulators to relax and harmonise investment norms for instruments like infrastructure investment trusts (InvITs) to be used to monetise public assets like highways, power and railway tracks.
Covid-19: DGCA extends suspension of international flights till Sep 30
International scheduled flights may be allowed on selected routes by the competent authority on case to case basis.
“This restriction shall not apply to international all-cargo operations and flights specifically approved by DGCA. However, International Scheduled flights may be allowed on selected routes by the competent authority on case to case basis,” further stated the circular.
Resting on climate action a $11 trillion opportunity for India: Deloitte Report
Over the next 50 years, the top five most impacted industries in terms of economic activity are expected to incur a significant share of climate-related loss.
These industries — services (government and private), manufacturing, retail and tourism, construction, and transport — currently account for more than 80 per cent of India’s GDP. Together, they form the basis of the country’s contemporary economic engine, it added.
Deloitte estimates that by 2070, these five industries alone would experience an annual loss in the value added to GDP of more than USD 1.5 trillion per year.