Sunday, October 18
New Delhi: Aarti Verma is about to join the growing ranks of Indians installing air conditioning, scraping together savings to secure relief from sometimes deadly temperatures that can reach nearly 50 Celsius.A record 14 million AC units were sold in India last year, with a ninefold increase in residential ownership forecast by mid-century. That will give millions safer and more comfortable conditions at work and home.But it will also drive demand for electricity that is generated mostly by burning climate-warming coal, and increase the hot AC exhaust air expelled into the country's stifling streets.For Verma, the priority is securing some immediate relief.Her sales and marketing work means she must visit multiple stores a day, battling blazing heat. "Coming home after a long day I want so
India's spectacular attack on Pakistan, destruction of nine terror sites, disabling of its air defence and pounding of more than a dozen air bases -- forced Pakistan to sue for peace, leaving its reputation as a military power in tatters. John Spencer, one of the world’s foremost authorities on modern combat, said India achieved a massive victory over Pakistan. "This was not symbolic force. It was decisive power, clearly applied,” Spencer wrote in a post on X..Pakistan's humiliating defeat has also sullied the image of China because Pakistan's Chinese-made weapons and systems failed to protect it. Nearly 80% of weapons Pakistan imports are from China. The India-Pakistan conflict will impact China's weapon exports, crushing its dream to become a major weapons exporter. Chinese defence s
Two more Pakistani soldiers have succumbed to injuries, raising the death toll of military personnel during the recent confrontation with India to 13, the army said on Wednesday. According to the Inter-Services Public Relations (ISPR), the media wing of the army, two more soldiers succumbed to injuries sustained during the Indian attacks. With their deaths, the number of military personnel killed during the confrontation with India has increased to 13, it said in a statement. It identified the deceased soldiers as Havaldar Muhammad Naveed of the Pakistan Army and Senior Technician Muhammad Ayaz of the Pakistan Air Force. "Their sacrifice will forever remain etched in the nation's collective memory, inspiring generations to come," the military said. On Tuesday, the army said that 11 militar
New Delhi: India's coal imports witnessed a sharp decline of 9.2 per cent during the April 2024 to February 2025 period, totaling 220.3 million tonnes (MT), down from 242.6 MT in the same period the previous fiscal year. This significant reduction translated into foreign exchange savings of approximately USD 6.93 billion (RS 53,137.82 crore), signaling a major stride toward energy self-reliance, the the Coal Ministry said. According to the Ministry, the drop was most pronounced in the Non-Regulated Sector, where imports fell by 15.3 per cent year-on-year.Notably, even as coal-based power generation rose by 2.87 per cent, imports for blending by thermal power plants plunged by nearly 39 per cent, underscoring the country's concerted push to curb its dependence on imported coal.The Governmen
The fourth quarter earnings season is coming to a close and on Wednesday as many as 126 companies will announce their quarterly numbers. Key earnings to watch out include from HAL, Eicher Motor, Tata Power, Shree Cements and Jubilant Food.Apart from the above, Apar Industries, Apollo Tyres, Arunis Abode, Aryaman Financial Services, Asahi India Glass, BASF India, DAM Capital Advisors, Kirloskar Brothers, KPI Green Energy, Maruti Infrastructure, Lupin among others will also declare their results.Eicher Motors Q4 expectationsEicher Motors is likely to report 23% growth in its net sales to Rs 5189 crore, while the profit after tax is seen rising 15% YoY to Rs 1231 crore, according to Kotak Equities.Eicher Motors standalone volumes grew 24% YoY to 282,800 units and VECV volumes rose 11.3% YoY.
