Govt planning contentious laws to cut power utility debt worth Rs 6 trn

India is planning laws that would boost competition and lower debt at its power distribution companies, but also risks fomenting anger in a country where electricity is often used as an election sweetener. Key proposals include allowing more utilities to operate within the same circles, mandating regulators to set … Read more

Planning to buy a house in Delhi? Check factors to consider, other details

Buying a house is one of the most important financial decisions for an individual or a family. It requires plenty of planning and several factors need to be considered, including the locality and budget. Delhi, the bustling capital city of India, has a booming real estate market. While buying a house could … Read more

Nitin Gadkari says planning electric highway between Delhi, Mumbai

Union Minister Nitin Gadkari on Monday said the government is planning to construct an electric highway between Delhi and Mumbai. He also urged heavy vehicle owners to use alternative fuels like ethanol, methanol and green hydrogen in order to curb pollution. Addressing an event organised by the Hydraulic … Read more

Property wealth becoming more important in retirement planning: Aviva

The role of property wealth has become increasingly important in retirement planning, a new survey from Aviva reveals. The research, which surveyed 1507 general consumers aged 45+, looked into levels of spending, saving and attitudes towards funding retirement in the over 45s. The latest data shows that there has been a decrease in property ownership … Read more

Rise in homeowners planning upgrade property to reduce energy bills: NatWest

Almost two thirds (63%) of UK homeowners plan to upgrade their property over the next 10 years in a bid to reduce energy bills, an increase of 10% from last June, according to new research from NatWest and S&P Global. The research found that younger homeowners in particular have plans to make upgrades, as they … Read more

Chicago suburb officials say gunman had been planning massacre ‘for several weeks’

Officials in the Chicago suburb of Highland Park have said the suspected perpetrator of a mass shooting at a July 4 parade that left seven people dead and more than 30 injured had been planning the attack “for several weeks”. In a press briefing on Tuesday, Lake County Sheriff’s Department deputy chief Christopher Covelli told … Read more

Centre planning export houses exclusively for cooperatives: Amit Shah

The Central government is working on a proposal to set up two dedicated export houses that will enable cooperatives to brand and export items, said Cooperatives Minister Amit Shah on Monday. Shah said the government plans to enable KRIBHCO and IFFCO to go for seed improvement and Amul, one … Read more

Climate change, poor planning: Decoding Assam’s mounting flood ferocity

Every year, around this time, life comes to a complete standstill in Assam, pounded by relentless rain and subsequent landslides and floods, the intensity of which have only been on the rise, leading to increased loss of lives and property. Experts have pointed out that floods in the two … Read more

Mukesh Ambani: India’s top businessman starts succession planning

Speaking to business leaders in 2016, India’s then richest man and chair of Reliance Industries Mukesh Ambani revealed a maxim from the company’s founder, his father Dhirubhai: “Always keep the average age of Reliance at 30.” On Tuesday, a 30-year-old Ambani took centre stage. Mukesh’s eldest son Akash became chair and replaced him on the … Read more

While Indians struggle, PM busy planning next distraction: Rahul Gandhi

Congress leader Rahul Gandhi on Sunday attacked Prime Minister Narendra Modi, saying the PM’s mastery in “entire distraction science” can’t hide disasters such as an all-time high unemployment rate, a 30-year high wholesale price index, and devaluation of LIC by $17 billion. Gandhi said that while Indians struggle, Modi … Read more