Business

09 Nov

Government Seeks Foreign Investment In Strategic Petroleum Reserves

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India has invited global firms to invest in its strategic petroleum reserves (SPRs) as the nation’s energy consumption growth would be fastest among large economies in coming decades, oil minister Dharmendra Pradhan told a conference on Monday. India’s share in global energy consumption is set to rise from 7% to 12% in 2050, Pradhan told the ADIPEC conference. The nation, the world’s third-biggest oil consumer and importer, earlier this year filled its three SPRs in southern India with 5.33 million tonnes of oil when prices were low. To attract private investment in its SPRs, India recently allowed Abu Dhabi National…

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07 Nov

HC quashes BARC order imposing 5 lakh fine on TV Today Network

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The Bombay High Court has quashed and set aside an order passed by the Broadcast Audience Research Council (BARC) imposing a fine of Rs five lakh on TV Today Network Limited, which owns news channel India Today, for alleged viewership malpractices. A division bench of Justices Nitin Jamdar and Milind Jadhav on November 5 quashed and set aside the July 31, 2020 order passed by BARC's Disciplinary Council after the advocate for BARC told the court that it was ready to give the network company a fresh hearing. Senior Counsel Veerendra Tulzapurkar along with advocates Abhinav Chandrachud, Munaf Virjee and…

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07 Nov

The iPhone’s 13 Pro ultrawide camera could get a big boost in 2021, says Kuo

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The iPhone 12 has just barely launched, but we already have some idea what next year’s lineup could look like — according to TFI Securities analyst Ming-Chi Kuo, Apple’s 2021 iPhones will keep the new form factor and screen sizes introduced with the iPhone 12 line, but offer an improved ultrawide camera on the high-end Pro and Pro Max models (via MacRumors). Kuo predicted the iPhone 12 line and now seems set to reveal what to expect from the 2021 models nearly a year before they launch. This time, Kuo says the ultrawide camera of the Pro and Pro Max…

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05 Nov

iPhone 12 Pro First Impressions

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Each annual iPhone announcement is usually one of the most-hyped events of the year, even though there's very little that's actually revolutionary or even surprising about smartphones anymore. The iPhone 12 is one of four models announced by Apple this year, and is in many ways the least remarkable. It doesn't have top-end flagship cameras or a brand-new LiDAR sensor like the iPhone 12 Pro and iPhone 12 Pro Max, and it doesn't introduce a new size category that defies industry trends, which is where the iPhone 12 mini comes in. The plain, middle-of-the-road iPhone 12 is however set to…

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04 Nov

Microsoft Is Retiring Control Panel With October 2020 Update, Redirecting to Settings App

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Microsoft is looking to move Windows 10 users from the regular Control Panel to the Settings app. According to a report, Microsoft had plans to redirect users to the Settings app when they visited System settings through the Control Panel in preview builds from earlier this year, and now the latest Windows 10 October 2020 update has made it official. It also states that future Windows 10 updates will also stop opening pages in the Control Panel and use the modern Settings app instead. The Windows 10 October 2020 update comes with version 2009 and is not available to all…

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02 Nov

Narendra Modi, Xi Jinping set to come face-to-face at 3 different summits in November

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November is shaping up as one of the busiest months of 2020 for the external affairs ministry in terms of virtual summits of groupings such as the SCO, the BRICS and the ASEAN, with leaders of India and China expected to be on the same online platform at five meetings. Prime Minister Narendra Modi and President Xi Jinping are expected to join the virtual summits of the Shanghai Cooperation Organisation (SCO) on November 10, the Brazil-Russia-India-China-South Africa (BRICS) grouping on November 17, and the G20 during November 21-22. The leaders of India and China are also expected to be part…

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02 Nov

Baba Ka Dhaba owner files complaint against YouTuber for misappropriating money, Twitter reacts

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The owner of popular eatery “Baba Ka Dhaba” in Delhi’s Malviya Nagar has filed a police complaint against YouTuber Gaurav Wasan accusing him of misappropriating funds, PTI reported on Sunday. “We received the complaint yesterday at the Malviya Nagar Police Station and the matter is being probed,” said Deputy Commissioner of Police Atul Kumar Thakur. “No FIR has been registered yet in the case.” Kanta Prasad and his wife had shot to fame after Wasan shot a video of them where the 80-year-old broke down as he spoke about the drop in his business following coronavirus-induced lockdown. The couple has…

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01 Nov

Maruti Suzuki Domestic Sales Grew 19.8% In October

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Maruti Suzuki on Sunday reported rise of 19.8 per cent in total domestic sales to 172,862 units in October, as against 144,277 units in the corresponding period last year, Maruti Suzuki said in a regulatory filing to the stock exchanges. The improved sales numbers come at a time when the government is gradually easing the restrictions imposed to control the spread of coronavirus. The company had take a huge hit in wake pf the lockdown imposed in late March, reporting a quarterly loss in July - the first time since its listing in 2003.Maruti Suzuki posted total sales of 182,448…

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31 Oct

Tiktok ban: US judge blocks bar app to Commerce Department order

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A US judge in Pennsylvania on Friday blocked a US Commerce Department order set to take effect on November 12 that would have effectively barred Chinese-owned short video-sharing app TikTok from operating in the United States. US District Court Judge Wendy Beetlestone enjoined the Commerce Department from barring data hosting within the United States for TikTok, content delivery services and other technical transactions. In her ruling, Beetlestone said the order would "have the effect of shutting down, within the United States, a platform for expressive activity used by approximately 700 million individuals globally. Over 100 million of these TikTok users…

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26 Oct

India will drive global energy demand, says Modi at India Energy Forum

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India will drive the global energy demand, Prime Minister Narendra Modi said on Monday as he showcased his government’s recent reforms in the sector to global investors. Speaking at the India Energy Forum by CERAWeek, Mr Modi said the coronavirus pandemic had resulted in global energy demand falling by one-third, investment decisions being impacted and predictions of a contraction in demand over the next few years. “But India is likely to see energy consumption double over the long term,” he said. at a time when the country fast embraces cleaner and renewable sources of energy. India, he said, was on…

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