Novelis' Q3FY25 volume stood at 904,000 tonnes (down 1 per cent Y-o-Y, down 4 per cent Q-o-Q), due to lower VAP and automotive shipments. Revenue stood at $4.1 billion (+4 per cent Y-o-Y, down 5 per cent Q-o-Q).
Cyclone 'Nisarga' has made landfall near Alibaug on Maharashtra coast with the wind speed of more than 110 km per hour and heavy rainfall, leading to falling of many trees and electricity poles, a Raigad district official said.
The India meteorological department's Mumbai centre has predicted heavy to very heavy rainfall in the city and suburbs in the next 24 hours, with a possibility of occasional gusty winds reaching 50-60 kmph, the official said.
The deep depression in the Arabian Sea has intensified into cyclonic storm "Ashobaa" and is expected to further develop into a "super cyclonic storm" in next 24-36 hours, the weather office said on Monday.
The Met Office has issued a yellow alert, warning of moderate rain which could cause more problems to the residents of Delhi.
'Nobody knows what's in store the next 24 hours. Unsure about travel plans.'
Unseasonal rains interrupted the sweltering heat in Delhi and Gurugram on Monday while rain clouds gathered in sultry Lucknow.
Conditions were becoming favourable for further advance of the southwest monsoon over some more parts of the south peninsula and east India and adjoining areas between June 18 and 21.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
The DG said the maximum of four teams of the NDRF have been positioned in Kutch district and the Gujarat government has done an in-depth evacuation exercise as part of which fishing boats have been anchored, big ships have been sent to the high seas so that they are not affected by the tidal waves, more than 4,000 hoarding have been taken down so that they don't become deadly flying objects as strong winds blow.
Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat -- legal or otherwise -- and that he stands by all its reports.
Once declared a dud stock, Suzlon has generated stellar returns for investors thus far this calendar year. On a year-to-date (YTD) basis, Suzlon's share price has doubled investor wealth by soaring 109.35 per cent on the bourses. By comparison, the benchmark BSE Sensex has gained just 11.2 per cent.
Even as cyclone Fani made landfall on Friday morning near Puri in Odisha, various states took measures on a war footing to mitigate the suffering caused to the common man. Here's a photo essay on how states tackled the most powerful cyclone to hit India in 20 years.
Cyclone Biparjoy made landfall near Jakhau Port in Gujarat on Thursday evening with a wind speed of 115-125 kmph gusting to 140 kmph as heavy rains lashed the coastal region, where several areas plunged into darkness due to power cuts and a large number of trees, electric poles and hoardings got uprooted.
Unseasonal rain coupled with lightning and thunderstorm lashed parts of Mumbai in the wee hours of Thursday, bringing some respite from the hot and humid weather in the city, civic officials said.
Aizawl has been cut off from the rest of the country due to a landslide on National Highway 6 at Hunthar.
West Bengal Chief Minister Mamata Banerjee, who rushed to the district late on Sunday night, assured the people of all help from the administration.
A total of 33 teams have been earmarked by the National Disaster Response Force (NDRF) to undertake relief and rescue operations in Gujarat and Maharashtra ahead of the expected landfall of cyclone 'Biparjoy' near the Jakhau port in Kutch district, officials said on Wednesday.
'JD-U wants to emerge as the single largest party in Bihar after the next assembly polls by contesting more seats than the BJP.'
The International Ski Federation (FIS) has refuted claims that athletes' complaints had been ignored in the build-up to the controversial women's snowboard slopestyle Olympic final on Monday.
The eastern and northern parts of Delhi witnessed rain and hailstorm, IMD said.
The Mungeshpur weather station recorded a high of 48.8 degrees Celsius, eight notches above the normal. It recorded a minimum temperature of 27.6 degrees Celsius, a notch above the season's average.
Among major economies, India in FY23 recorded the steepest increase in greenhouse gas (GHG) emission, climbing 6.1 per cent, with China trailing close behind at 5.2 per cent, according to the United Nations Environment Programme (UNEP) Emissions Gap Report 2024. In contrast, GHG emission decreased in both the European Union (EU) and the United States (US) by 7.5 per cent and 1.4 per cent, respectively. Despite India's rise, its 2023 GHG emission remains relatively low at 4,140 million metric tons of carbon dioxide equivalent (MtCOe) against China's 16,000 and the US's 5,970.
The landfall process started around 12.30 pm. It made landfall about 40 km from Alibaug, 95 km from Mumbai.
According to flight radar, the Indian plane with a ground speed of 454 knots entered north of Lahore at about 7:30 pm on Saturday and returned to India at 8:01 pm, the Dawn newspaper reported.
India's D. Gukesh and China's Ding Liren settled for a draw in the eighth round of the 2024 FIDE World Chess Championship
Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
Singh also defended Madhya Pradesh Congress chief Kamal Nath over the latter's comments on 'Hindu Rashtra.'
'It was an injury-plagued year but injury is fine now, I will be 100 per cent fit for the new season.'
Senior IMD scientist R K Jenamani said the monsoon covered south and central Arabian Sea, entire Kerala, parts of Karnataka and Tamil Nadu between May 31 and June 7.
No single individual, institution, or action is to blame for this. The BJP is responding in kind -- definitely not without checking with its government. And they wait for Mr Trump, notes Shekhar Gupta.
Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.
"Based on this consensus, the process of disengagement is almost complete. Our efforts will be to take the matter beyond disengagement; but for that, we will have to wait a little longer," he added.
The very severe cyclonic storm Tauktae could cause heavy to very heavy rains at isolated places in north Konkan, Mumbai, Thane and Palghar in Maharashtra on May 17, the India Meteorological Department (IMD) said.
Several major cyclones have hit various parts of India over the last 10 years. Here is a look at the notable among them.
Reserve Bank of India Deputy Governor M Rajeshwar Rao on Wednesday said while the central bank will foster growth in the microfinance (MFI) sector, the lenders in the space should not throw caution to the wind to achieve higher asset growth and returns. MFIs should not try to mimic the strategies of mainstream finance, as those serving the microfinance borrowers have a greater need to balance the social objectives with their lending operations, he said.
Relief Commissioner Alok Pandey told reporters that the government is constantly working to ensure that there is no loss of life due to the weather phenomenon.
The weather was a bone-chilling, minus 20 degrees Celsius (minus 4 Fahrenheit).
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