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IMD predicts light to moderate rainfall in Delhi during next 12 hrs

IMD predicts light to moderate rainfall in Delhi during next 12 hrs

The India Meteorological Department (IMD) on Friday predicted light to moderate rainfall at many places in Delhi during the next 12 hours.

Light to moderate rainfall (upto 2 cm) is likely at many places of Delhi during next 12 hours. Moderate rainfall (3-5 cm) also likely at isolated places of Delhi during next 12 hours, IMD tweeted.

Massive solar storm may hit Earth soon, likely to cause global internet blackout

Massive solar storm may hit Earth soon, likely to cause global internet blackout

Solar storms are probably one of the most amazing phenomenons that one can witness. However, now new research has said that the solar storm which hits Earth next could potentially destroy the infrastructure and cause an 'internet apocalypse'. The internet blackout will last for months.

The research was conducted by Sangeetha Abdu Jyothi of the University of California, Irvine, and VMware Research. She presented her paper at the SIGCOMM 2021 data communication conference.

Global Covid-19 caseload tops 223.7 mn, deaths surge to more than 4.61 mn

Global Covid-19 caseload tops 223.7 mn, deaths surge to more than 4.61 mn

The global coronavirus caseload has topped 223.7 million, while the deaths have surged to more than 4.61 million and vaccinations soared to over 5.64 billion, according to the Johns Hopkins University.

In its latest update on Saturday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload, death toll and vaccination tally stood at 223,790,289, 4,616,142 and 5,640,209,397, respectively.

India and US to launch Climate Action and Finance Mobilisation Dialogue

India and US to launch Climate Action and Finance Mobilisation Dialogue

America's Special Presidential Envoy for Climate John Kerry would travel to India next week, during which the two countries would launch the Climate Action and Finance Mobilisation Dialogue, the State Department said on Friday.

During his visit, the United States and India will launch the Climate Action and Finance Mobilisation Dialogue (CAFMD), one of the two main tracks of the US-India Agenda 2030 Partnership that President Biden and Prime Minister Modi announced at the Leaders Summit on Climate in April 2021, the State Department said.

World Health Organization calls for global governance against pandemic

World Health Organization calls for global governance against pandemic

The Pan-European Commission on Health and Sustainable Development convened by the World Health Organization (WHO) called for global governance and recommended the establishment of a Global Health Board "under the auspices of the G20".

The Commission made the remarks during a press conference at the WHO Regional Office in Copenhagen on Friday.

Covid-19: India reports 43,263 new cases, 338 fresh fatalities on Thursday

Covid-19: India reports 43,263 new cases, 338 fresh fatalities on Thursday

India recorded 43,263 new coronavirus infections taking the total tally of COVID-19 cases to 3,31,39,981, while the active cases increased to 3,93,614, according to the Union Health Ministry data updated on Thursday.

The death toll climbed to 4,41,749 with 338 fresh fatalities, according to the data updated at 8 am.

Oil & Gas shares in focus; Oil India hits 52-week high, ONGC up 3%

Oil & Gas shares in focus; Oil India hits 52-week high, ONGC up 3%

Shares of oil and gas companies were in focus as Oil India hit a 52-week high while Oil and Natural Gas Corporation (ONGC) was up 3 per cent on a healthy outlook.

On Thursday, the market price of Oil India rose to Rs 198.70 as the stock rallied 5 per cent on the BSE. In the past one month, the stock has jumped 15 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex. Meanwhile, ONGC was up 3.5 per cent at Rs 123.10, trading close to its 52-week high level of Rs 128.45 touched on June 15, 2021.

Ola Electric postpones S1 electric scooter's sale to September 15

Ola Electric postpones S1 electric scooter's sale to September 15

Ola Electric, which made a high pitched entry into India's electric scooter market with its maiden scooter offering, S1, on August 15, will now commence sale on eptember 15 at 8 AM. According to the original plan, it was to start the online sale from Wednesday, 6 PM.

However, the company later released a tweet acknowledging problems with the website and platform. The time for starting the sale was then pushed to 9 PM. Ola CEO, Bhavish Aggarwal then issued a statement late in the evening regarding the technical glitches facing the website.

ONGC exploring purchase of woodside stake in Senegal oil field

ONGC exploring purchase of woodside stake in Senegal oil field

India’s Oil & Natural Gas Corp. is exploring a purchase of a significant minority stake in the $4 billion-plus Sangomar oil project off the coast of Senegal from Woodside Petroleum Ltd., according to people familiar with the matter.

State-owned ONGC is discussing acquiring an interest of 20% to 40% in the field, the people said, asking not to be identified as the matter is private. Australia-based Woodside is working with Jefferies Financial Group Inc. on the sale, which could also attract other suitors, the people said.

Anil Ambani's Reliance Infra wins $632 mn arbitration against Delhi Metro

Anil Ambani's Reliance Infra wins $632 mn arbitration against Delhi Metro

Reliance Infrastructure Ltd. won a four-year battle for control of money from an arbitration award that it says it needs to repay lenders.

A two-judge panel of the Supreme Court on Thursday upheld the 2017 arbitration award in favor of the Anil Ambani’s unit. The arbitration tribunal award is worth over 46.6 billion rupees ($632 million) including interest, according to Reliance Infrastructure’s annual report.

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