Power markets prefer renewable energy amid falling demand: Moody’s

Power markets prefer renewable energy amid falling demand: Moody’s

New Delhi: The clean energy transition might be accelerated due to the covid-19 pandemic that has shown that power markets prefer renewable energy amidst falling demand, a Moody’s report suggests. “Coal generation has continued to decline, while renewables have shown more resilience across major markets in the US, Europe, China and India,” stated the report. The power demand in India has fallen by 20% due to the lockdown, with most of the impact on coal generation, they added. Both corporate as well as household power demand are expected to be…

Indian students may give China a miss !!

Indian students may give China a miss !!

NEW DELHI: Many Indian students are rejigging plans to study in China this year, given the current border tensions, and are looking at opportunities in the Middle East, Africa and other parts of Asia, while some are waiting it out. Before the Covid-19 outbreak, over 23,000 students from India studied in China, pursuing mainly medicine and management courses, according to experts and official data. Indians were the fourth-largest contingent among foreign students in China. Covid-19 derailed the plans of many Indians to study in China and the recent developments between…

LinkedIn Publishes New Guide on Using its Events and Live-Streaming Tools !!

  With an increasing amount of events going online due to the COVID-19 shutdowns, LinkedIn has this week published a new guide on how you can use its event and live-streaming tools to run engaging digital functions. LinkedIn first launched its native events function in October last year, but made it available to all businesses back in April in order to cater to demand for online event options. LinkedIn expanded on this in May by adding live-streaming functionality within events. The new guide looks at how to utilize these options to best effect, and includes a range…

Massive spying on users of Google’s Chrome shows new security weakness !!

San Francisco:  A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google‘s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email, payroll and other sensitive functions. Alphabet Inc’s Google said it removed more than 70 of the malicious add-ons from its official Chrome Web Store after being alerted by the researchers last month. “When we are alerted of extensions in the Web Store that violate our policies, we take action and use those…

Sterlite Technologies to focus on ‘Make in India’ solutions !!

Pune:  Data network solutions provider Sterlite Technologies NSE 1.52 % said it is working on an end-to-end fibre optical and wireless interconnect ecosystem out of India. The company, which reported a 50% slump in net profit for the quarter ended March on account of the Covid-19 pandemic, said it expects demand to recover in the medium term. “There is a shift to digitisation, which will be irreversible and will continue. Telecom operators world over want to strengthen their network,” said Anand Agarwal, CEO of Sterlite Technologies. Over the last 2…

Their Incomes Affected, Ambala Parents Turning To Government Schools  !!

Ambala,Haryana: Facing financial problems due job loss and pay cut in the wake of the Covid-19 pandemic, parents in Haryana’s Ambala are turning to government schools to reduce their expenses on their children’s education. Some parents said they have been paying a hefty fee but private schools are not ready to give much concession in the present situation. “Private schools are not giving any relaxation in fee despite the fact that they are closed and many of the expenses which they incur in normal times are not there,” said a…

VOOT partners with Cult.Fit, Isha Foundation !!

Online streaming platform, VOOT has announced its association with Cult.Fit, a health and fitness start-up and Isha Foundation, founded by Sadhguru Jaggi Vasudev that aims to bring physical, mental and spiritual wellbeing. According to the company, the partnership opens doorways for its users to seamlessly access the best of fitness workouts and provide solace and guidance on how to stay calm through such trying times. Akash Banerji, head, AVOD business, VOOT, said, “As we battle with uncertainty and tough times, there is a need for positivity and calmness in our daily lives. With digital consumption taking…

From infrastructure to hi-tech: Mapping China’s large trade footprint in India !!

New Delhi:  The deadly border skirmishes between India-China have cast a cloud over trade relations, which have seen the latter rapidly expand its footprint in the Indian economy, spanning infrastructure, physical goods and hi-tech, with the value of total bilateral trade surging 20% in the last six years, according to official data. At least some of this surge, experts admit, has come at the cost of local industry. Chinese firms have ploughed huge investments into some of the country’s most iconic tech brands, such as the ride-hailing service Ola, a…

Advertisers resume spending on ad campaigns to lure buyers !!

New Delhi:  As lockdown across the country eases, advertisers have loosened their purse strings and resumed spending on ad campaigns to lure buyers. Within days of malls, shopping complexes and airports opening advertising spends have gone up, with volumes touching almost 30-40% of the pre-covid days, say top media buyers in the country. “Things are much better now as malls and several shopping complexes have reopened. In two weeks we expect more people to come put of their houses. July onwards things will be much better,” said Naveen Khemka, CEO…

CAIT appeals to celebrities to stop endorsing Chinese products !!

  NEW DELHI: Traders’ body CAIT on Thursday appealed celebrities to stop endorsing products of Chinese brands as a mark of respect for Indian soldiers who laid down their lives in the Galwan Valley attack in Ladakh. In an open letter, the Confederation of All India Traders (CAIT) has appealed Aamir Khan, Deepika Padukone, Katrina Kaif, Virat Kohli and others to stop endorsing Chinese products. It has also invited Amitabh Bachchan, Akshay Kumar, Shilpa Shetty, Madhuri Dixit, Mahendra Singh Dhoni, Sachin Tendulkar and others to join the campaign to boycott…