New Delhi, June 18: India’s peak electricity demand has eased in recent days as the onset of monsoon rains across several regions has reduced the use of cooling appliances, particularly air conditioners, officials and industry data indicated. The moderation in demand comes after a period of high summer consumption, when…
Continue ReadingPayful partners with BPC to launch Hong Kong card programme
June 18: Payful, a Chinese cross-border payments company with a subsidiary in Hong Kong, has launched a cloud-native Visa charge card programme for corporate and merchant clients powered by BPC’s next-generation SmartVista platform. The new programme enables Payful to provide businesses with a secure, efficient, and flexible way to manage corporate…
Continue ReadingGold and Silver Prices Decline as Fed Hawkish Stance and Easing Global Tensions Weigh on Bullion
New Delhi, June 18: Gold and silver prices declined in global and domestic markets as a stronger US Federal Reserve outlook and easing geopolitical tensions reduced demand for safe-haven assets. Market sentiment remained under pressure after signals from the US Federal Reserve suggested a continued hawkish stance on interest rates,…
Continue ReadingIndustrial Ethernet in eight of ten new nodes – Fieldbus decline accelerates according to HMS Networks’ annual analysis
Halmstad, Sweden, June 18: HMS Networks has released its annual analysis of the industrial network market, marking twelve consecutive years of tracking how factories and machine builders connect their automation systems. The 2026 study shows that the long-running shift from traditional fieldbus technologies to Industrial Ethernet has continued through another…
Continue ReadingMRF Achieves FIA Three-Star Environmental Accreditation, Reinforcing its Global Motorsport and Sustainability Commitment
Chennai, India | June 18: MRF Limited has been awarded the prestigious Three-Star level of the FIA Environmental Accreditation Programme, marking a significant milestone in the company’s sustainability journey and its continuing presence in global motorsport. The certification, awarded recently, follows an audit conducted under the FIA Environmental Accreditation framework.…
Continue ReadingJan Aushadhi Kendras Cross 19,200 Mark Nationwide, Expanding Affordable Healthcare Access
New Delhi, June 18: The number of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) has increased to over 19,200 across the country, rising sharply from just 84 in 2014, the Government of India said on Wednesday. The expansion reflects a significant scale-up of the affordable healthcare initiative aimed at improving access…
Continue ReadingFIA President Ben Sulayem says Macau conference can help shape future of motorsport, mobility
Three-day event will welcome over 450 senior FIA delegates from 149 countries Dubai, UAE, June 18: H.E. Mohammed Ben Sulayem, President of the FIA, says the Federation’s Extraordinary General Assembly and Annual Conference in Macau next week has an important part to play in guiding the future of motorsport and…
Continue ReadingIVCA and KVCA Sign MoU to Deepen India–Korea Venture Capital and Alternative Investment Collaboration
Bengaluru, June 18: The Indian Venture and Alternate Capital Association (IVCA) and the Korea Venture Capital Association (KVCA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration between the venture capital, private equity and alternative investment ecosystems of India and South Korea. The MoU was signed by Rajat Tandon,…
Continue ReadingApple May Hike Product Prices Amid Rising Memory and Storage Costs: Tim Cook
New Delhi, June 18: Apple may increase the prices of its devices in the coming period as global costs of memory and storage components continue to rise, Chief Executive Officer Tim Cook has indicated. The company said that persistent cost pressures in semiconductor supply chains are impacting key input materials…
Continue ReadingGovernment Allocates INR 18,907 Crore for 26,474 km Rural Road Network in FY27
New Delhi, June 18: The Government of India has earmarked ₹18,907 crore for the construction of 26,474 kilometres of rural roads during the financial year 2026–27, aimed at improving connectivity and strengthening rural infrastructure across the country. Pic Credit: Pexel The allocation is expected to support continued expansion of all-weather…
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