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Delhi logs 1,151 new COVID-19 cases, 15 more deaths; positivity rate 2.62%
Delhi reported 1,151 new COVID-19 cases and 15 more fatalities on Monday, while the positivity rate rose slightly to 2.62 percent, according to data shared by the health department. With this, the national capital’s case count increased to 18,45,084 and the death toll climbed to 25,998, it said. Delhi on Sunday reported 1,410 fresh COVID-19 […]
California gas utility fined $10 million for ratepayer money misuse
A major California gas utility must pay the state nearly USD 10 million and reimburse customers money it improperly spent on work related to the development of energy-efficient building codes. The penalties that Southern California Gas Co. faces were handed down Thursday by the California Public Utilities Commission. The commission, which regulates California’s major utilities, […]
RBI may hike reverse repo rate by 0.25% in next week’s policy
The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo rate at which the RBI absorbs excess liquidity and leave the repo rate at which it lends, to narrow the policy rate corridor, a British brokerage said on Thursday. “Growth concerns amid spread of the […]
Akhilesh Yadav in Noida today years after avoiding it due to ‘jinx’
Samajwadi Party (SP) chief Akhilesh Yadav is scheduled to address a press conference in Noida on February 3 as part of his poll campaign in Western Uttar Pradesh. The seven-phase Uttar Pradesh election beginning February 10 is considered to be a fight between the incumbent Bharatiya Janata Party (BJP) and Yadav-led Samajwadi Party. Three seats of Gautam Buddh […]
Power consumption grows 2.6% in January
India’s power consumption grew marginally at 2.6 per cent year-on-year in January to 112.67 billion units (BU), showing the impact of local restrictions imposed by states amid the third wave of COVID-19. Power consumption in the entire January last year was 109.76 BU, which was 4.4 per cent higher than 105.15 BU in January 2020, […]
Saregama India plans to invest up to Rs 750 cr in music business
Saregama India, a part of RP-Sanjiv Goenka Group, is planning to invest up to Rs 750 crore in its music business to achieve a 25-30 per cent revenue growth in the next few years through organic and inorganic routes, an official said. It is also foraying into a new business segment of artiste partner programme to […]
Delhi govt to soon make PUC certificate mandatory for filling fuel at pumps
In a bid to phase out polluting vehicles from the national capital, the Delhi government on January 28 said it plans to make pollution under control (PUC) certificate mandatory for filling fuel at pumps. The draft policy will be placed for public opinion before being notified, the government said. Once the policy comes into effect, […]
US Fed puts markets on the slippery slope; Sensex falls 581 points
Investors continued to pull out of risky assets as US Federal Reserve officials signalled that they were on course to raise interest rates in March, citing high inflation. The Sensex dropped as much as 1,419 points, or 2.5 per cent, on Thursday before recouping some of the losses. After a wild ride, the 30-share index closed at 57,277, down […]