Lando Norris won the Austrian Grand Prix and revived his Formula One title bid after fending off championship-leading McLaren team mate Oscar Piastri under race-long pressure on Sunday.
A month after a deadly terror attack on tourists in Pahalgam, locals in the south Kashmir resort town are facing mounting livelihood losses. Despite a massive crackdown by security forces, the perpetrators of the attack have evaded capture. Tourists have stopped visiting Pahalgam, leaving businesses struggling to survive. Local residents say the situation is becoming desperate and call for government intervention to help revive the tourism industry.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
From the 30-share Sensex firms, Tata Motors, Bajaj Finance, Eternal, Adani Ports, Tata Steel, Titan, Mahindra & Mahindra and Power Grid were among the gainers. Asian Paints, Sun Pharma, ITC, Nestle, Reliance Industries and HCL Tech were among the laggards.
Despite enduring a weak first quarter of the 2023-24 financial year (Q1FY24), Power Grid Corporation (PGCIL) has laid out an ambitious capex plan going forward. It is looking to invest around Rs 1.8 trillion on an existing asset base of Rs 2.7 trillion to aim at keeping over 50 per cent market share in the transmission market. This includes opportunities from the Rs 2.4 trillion green energy corridor.
From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.
Kubica won the race in his fifth attempt, his first three in the second tier LMP2 category, to become Poland's first overall winner since Le Mans was first staged in 1923.
The India meteorological department said heatwave conditions will persist for at least two more days.
A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.
Bajaj Finance, IndusInd Bank, State Bank of India, Maruti, Tata Motors, ITC, Tata Steel and Reliance Industries were also among the gainers. Nestle, NTPC, Kotak Mahindra Bank, Power Grid and Titan were among the laggards.
'There's a lot of sense in what Prime Minister Modi did, but the Indian government has to be really prepared for a really sharp escalation spiral.'
Australian Oscar Piastri roared back from season-opening disappointment in his home race by winning the Chinese Formula One Grand Prix from pole position in a McLaren one-two with championship-leading teammate Lando Norris on Sunday.
Currently, the NAPCC has eight active missions across sectors like water, energy, and agriculture, aimed at addressing climate change.
From the Sensex pack, Nestle India, HCL Technologies, Tech Mahindra, Bharti Airtel, Titan, Infosys, Asian Paints, NTPC, Bajaj Finserv and Sun Pharmaceuticals were among the laggards. State Bank of India, IndusInd Bank, Zomato, Power Grid, ICICI Bank, Tata Motors, Mahindra & Mahindra, Tata Consultancy Services and Adani Ports were the gainers.
Leclerc and teammate Lewis Hamilton were eighth and 10th in the season-opener in Australia and finished fifth and sixth in China two weeks ago before both cars were disqualified for technical infringements.
Australian Oscar Piastri won the Saudi Arabian Grand Prix on Sunday to take the lead in the Formula One world championship
From the Sensex pack, Zomato jumped nearly 5 per cent, followed by Titan which climbed almost 4 per cent. IndusInd Bank, Maruti, Tech Mahindra, Adani Ports, Bharti Airtel and HDFC Bank were also among the gainers.
Ducati's Marc Marquez returned to the top step of the podium with victory at the Qatar Grand Prix on Sunday despite suffering damage to his bike in a collision with his brother Alex on the first lap.
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
IMAGES from the Belgian F1 Grand Prix
Tamil superstar Ajith Kumar escaped unhurt after crashing his car during a practice session for the upcoming Dubai 24 Hours race. The 53-year-old actor, who launched his racing team Ajith Kumar Racing in September last year, is participating in the event alongside teammates Mathieu Detry, Fabian Duffieux, and Cameron McLeod. The race is scheduled to be held on January 11 and 12. The official Instagram page of Ajith Kumar Racing shared a video of the incident. In the short clip, Ajith's car is seen crashing into the barriers at high speed. In the next shot, the actor is seen getting out of the vehicle, seemingly without any injury.
McLaren's Lando Norris swept to victory in a wet and wild Australian Grand Prix on Sunday, holding off defending champion Max Verstappen in a white-knuckle finish to a Formula One season-opener littered with crashes and safety cars.
From the 30-share blue-chip pack, Zomato surged over 7 per cent. Maruti, ITC Hotels, ITC, Mahindra & Mahindra, Asian Paints, Titan and IndusInd Bank were among the biggest gainers. Power Grid, Larsen & Toubro, NTPC, UltraTech Cement, HCL Tech, Tech Mahindra, Infosys and Adani Ports were among the laggards.
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23.
"Yes, there are problems with Northern Grid, we are trying to restore it," said SK Soonee, CEO of Power System Operating Co (PSOC)
Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.
Indian driver Kush Maini on Sunday survived a horrifying crash after he stalled at the start of the feature race in Formula 2, a support race to Formula 1.
PESB is believed to have forwarded names of National Hydro-electric Power Corp Director (Personnel) S K Chaturvedi and Hindustan Paper Corp CMD Raji Philip as the best contenders to the power ministry.
'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.
Force India's Adrian Sutil recorded his best qualifying performance of the season by capturing the 10th place on the grid while teammate Paul di Resta will start Sunday's European Grand Prix at the 12th spot.
When he is not using the solar pump on his field for irrigation, Raman Parmar uses it to evacuate power to utility grid
Power utilities may report moderate growth in earnings for Q3FY25. Generation is up 3 per cent year-on-year (Y-o-Y) in Q3 on lower cooling demand and high base, to 429 billion units (BU). Peak demand was steady at 224 Gw in Q3FY25, a 10 per cent decline from the record highs of 250 Gw in May 2024.
Nestle, Titan, ICICI Bank, Tata Steel, IndusInd Bank, ITC, JSW Steel and State Bank of India were the other laggards. Among the gainers, Tata Motors jumped nearly 6 per cent. Larsen & Toubro, Sun Pharma, Kotak Mahindra Bank, Bajaj Finance and Power Grid also ended in the positive territory.
Bruce Carlson, President and CEO of Grid Intl, a US-based HR firm, says a solution is available for organisations that want vibrant, creative, feisty employees.
A summary of sports events and sports persons, who made news on Wednesday
A 9-minute lights-out by most of households on Sunday evening can potentially collapse the grid due to sudden drop and then a quick surge after the event. But to manage the dramatic changes in electricity and its impact on the grid, the government has drawn an elaborate plan to manage it.
Red Bull's Formula One World champion Max Verstappen took pole position for the Australian Grand Prix on Saturday with Carlos Sainz qualifying alongside on the front row for Ferrari two weeks after undergoing surgery for appendicitis.
