Thursday, September 24
India’s electricity demand fell by nearly 1.5% in the April–June quarter compared to the same period last year, marking the first drop in power consumption since the 2020 pandemic-induced economic halt. According to government data from the Central Electricity Authority, total demand during the quarter reached 445.8 billion kilowatt hours. Bloomberg News calculations confirm this is the first quarterly contraction in four years.The decline has been attributed to a cooler summer, which led to reduced use of air conditioners and other energy-intensive appliances. India’s electricity demand usually peaks during the summer months as temperatures soar. However, this year’s milder conditions meant the country did not see a surge in peak demand. If the maximum load stays below last year
The UAE's new nomination-based Golden Visa scheme for Indians promises lifetime residency, but one-time cost of AED 1,00,000 (approx. Rs 23.3 lakh) alone isn’t enough to qualify.The UAE has introduced a nomination-based Golden Visa route that allows Indian and Bangladeshi citizens to apply for lifetime residency at a one-time cost of AED 1,00,000. While this offer has attracted strong interest among Indian professionals, the process is not as simple as paying the fee. According to the UAE government, eligibility is not automatic and depends on professional merit, clean records, and a successful nomination.Eligibility based on individual’s qualification and profileThe UAE’s Golden Visa is a long-term residence permit that grants holders the right to live, work, or study in the country
