Karnataka Chief Minister Siddaramaiah on Wednesday defended the Rs two hike in 'Nandini' milk prices, which now come with an additional 50 ml of milk in half-litre and one-litre packets. This adjustment has been made to support farmers in light of increased milk procurement. He emphasized that milk prices have not actually been raised.
North Korea announced it successfully tested a multiwarhead missile, aiming to enhance its capability to overwhelm U.S. missile defenses. The launch tested separation and guidance control of individual warheads, which were accurately directed to targets and verified by radar. This test, North Korea's first known attempt at developing a multiwarhead missile, was seen as a significant step in Kim Jong Un's weapons modernization program. While South Korea initially assessed the launch as a failed hypersonic missile test, analysts suggest it was a preliminary evaluation of key MIRV subsystems. This development intensifies regional security concerns.
North Korea announced a successful test of a multiwarhead missile aimed at enhancing its capability to overcome US and South Korean defenses. However, South Korea disputed this claim, asserting the missile launch had actually failed. North Korea's state media reported the test involved separating and guiding warheads accurately, showcasing progress in its missile development despite technical challenges. Analysts anticipate further tests to refine this technology, which includes decoys to evade missile defenses. The test coincides with heightened regional tensions, including North Korea's objections to US military presence and provocative actions toward South Korea.
Thyssenkrupp Industries India, whose majority shares were recently sold by its German parent company, is set to enter the sustainable aviation fuel (SAF) sector as part of its new business strategy under Indian ownership. Vivek Bhatia, the managing director, informed ET that the capital goods company is currently in the process of finalizing partnerships for its SAF initiative. SAF is an eco-friendly aviation fuel derived from non-petroleum sources, such as forestry and agricultural waste, used cooking oil, carbon captured from the atmosphere, and green hydrogen.
Lufthansa has introduced an environmental charge on fares, aligning with EU regulations to reduce emissions. Surcharge of up to 72 euros to be applied on flights, offsetting costs of sustainable aviation fuel.
"I think the CBAM, to the extent that it does result in significant revenue from tariffs, should recycle some of those funds in lump sum forms to help countries clean up their production processes and adapt to climate change," says Cameron Hepburn, Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment, Oxford University.
HDFC Bank announced major revisions to its credit cardholders about terms and charges. The following changes to your HDFC Bank credit card charges will come into effect on August 1, 2024.
The prices of other KMF products such as curd and milk-related items will remain unchanged, said Federation chairman Bhima Naik. Chalking the hike up to the growing cost of milk storage, he said, “As it is the current harvest season, the storage of milk in all district milk unions is increasing every day and the current storage is close to one crore litres.” The price, he added, was still less, compared to the neighbouring states.
In May, Russian seaborne fuel oil and VGO exports peaked at 4 million metric tons, with India and China as top destinations. The surge followed the European Union's embargo on Russian oil products, redirecting supplies to Asia. Notably, ship-to-ship loadings near Greece and Malta facilitated the transfer of cargoes destined for Asia.
The government lent a helping hand by cutting several fuel prices but many of the fuels like petrol, diesel and LPG are not commonly used in rural areas, like they are in urban centres, leading to rural inflation being much higher than urban, it said.
KMF says this was not an increase in price of milk, but a revision of price and quantity with each sachets carrying an additional 50 ml for the enhancements in price
SUNRISE, Fla. (AP) — Aleksander Barkov put his hands at either end of the Stanley Cup and began skating away to start the celebration that the Florida Panthers have wanted forever.
Groww clarified in response to a user complaint that the app took the money but never actually invested it in the mutual fund. Groww said the money was never debited from the customer's account.
Discounts on the Fronx and XL6 have also increased for a limited period.
Highlights in pictures of the Euro 2024 Switzerland vs Germany Group A match from the Frankfurt Arena Stadium.
Climate change is driving dangerous heat waves across the Northern Hemisphere, with global emissions continuing to rise since 1995.
Hawaii settles with 13 young plaintiffs in Navahine v. Hawaii Department of Transportation lawsuit to decarbonize transportation by 2045, approved by Judge Tonaki.
A team of five strongmen built a bogus toll plaza on private land in Gujarat’s Morbi district barely 600 meters from the National Highways Authority of India’s (NHAI) official toll plaza.
BPCL has teamed up with Bounce Infinity, an Indian electric scooter manufacturer, to accelerate EV adoption in India by launching "eDrive stores" at BPCL retail outlets. These stores aim to make electric two-wheelers more accessible nationwide. Pardeep Goyal, BPCL's Business Head of Retail, highlighted the initiative's role in supporting sustainability goals and transforming fuel stations into versatile energy hubs.
Capitalising on its agricultural strengths, India, is setting a global benchmark, for sustainable development
Climate change is driving dangerous heat waves across the Northern Hemisphere, with Christiana Figueres highlighting the global impact. Rising carbon emissions trap heat, making heat waves hotter and more frequent. The global temperature has increased 1.3 degrees Celsius since the Industrial Revolution.
Karnataka BJP has staged a 'cycle jatha' in various locations across the state to protest the state government's hike in fuel rates. Workers in Bengaluru were detained midway, calling the detention unconstitutional. The party accused the government of suppressing protests and urged the people to revolt against the government.
Elon Musk envisions a future driven by self-driving cars and humanoid robots, potentially transforming Tesla into a trillion-dollar enterprise. However, uncertainties loom over Tesla's ability to deliver on these promises to both consumers and shareholders. Despite Musk's ambitious projections of unlocking ten times Tesla's current value through autonomous vehicles, Chinese competitors are advancing in key technologies like lane-navigation and battery economics.
A study by a group of scientists have found that climate change caused by anthropogenic factors has caused an increase in the number of high intensity heat waves in North America. This serves as an early warning for all the stakeholders to tackle the issue of increased emissions.
The report suggests that five key stories emerge from the 2023 data, starting with record global energy consumption, with coal and oil pushing fossil fuels and their emissions to record levels. "Global primary energy consumption overall was at a record absolute high, up 2 per cent on the previous year to 620 Exajoules (EJ). Global fossil fuel consumption reached a record high, up 1.5 per cent to 505 EJ (driven by coal up 1.6 per cent, oil up 2 per cent to above 100 million barrels for first time, while gas was flat)," said the report.
Indian refiners also turned to Asia amidst a saturated European market for diesel cargoes
India is considering reducing the mandatory blend of imported coal with locally produced fuel for thermal power units from 6% to 4-5% due to higher coal stocks at plants. The advisory on coal blending, extended in March to ensure power availability during peak demand, is set to expire on June 30.
Karnataka Deputy CM DK Shivakumar addressed concerns over potential water tariff increases in Bengaluru, noting that rates have not been adjusted in a decade despite financial losses. He stressed the necessity for new projects and highlighted difficulties in obtaining financing from banks for the Bangalore Water Supply and Sewerage Board (BWSSB).
Budget Expectations: FICCI has proposed simplifying the capital gains tax system by categorizing assets into equity instruments, debt, and other assets with specific rates for long-term and short-term gains. They have also advocated for uniform tax rates for residents and non-residents.
State-run Bharat Petroleum Corp (BPCL) is speculated to set up sustainable aviation fuel (SAF) units at its three refineries. This plan will help support the government's 1% blending target. For the said project, the company will invest up to Rs 1,400 crore in setting up these facilities.SAF is produced from various sources such as agricultural waste, fats, used cooking oil, or non-food crops.