E20 petrol debate: Govt debunks 7 claims on ethanol blended fuel – impact on mileage, engines & more

Manufacturers continue to provide warranty coverage for vehicles using specification-compliant E20 fuel. Seeking to dispel concerns about the impact of E20 petrol on vehicles, the Ministry of Petroleum & Natural Gas has released a list of seven claims which it has rejected. From mileage and engine failure to compatibility, the Ministry of Petroleum & Natural…

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US stock market today: Wall Street flat; Nasdaq climbs over 1.5% as tech stocks rally

In commodity markets, oil prices eased after recent sharp swings driven by escalating tensions in the Middle East. US stock market today: Wall Street rebounded on Thursday, led by a sharp rally in Microsoft after the technology giant posted stronger-than-expected quarterly earnings. The S&P 500 rose 0.9%, recovering more than half of Wednesday’s decline, its…

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‘Uncompetitive’: Months after IndiGo flights fiasco, airline MD criticises new pilot duty rules

The IndiGo MD’s comments mark one of IndiGo’s strongest public objections to the revised FDTL regulations Months after widespread IndiGo flight disruptions, the airline’s Managing Director Rahul Bhatia has urged the government to revisit the new Flight Duty Time Limitations (FDTL) rules. He argues that the current framework reduces pilot productivity, drives up airline costs…

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India’s renewable energy boom could make Germany a customer for green hydrogen

India’s expanding renewable energy capacity could soon help turn the country into an energy exporter. German ambassador to India Philipp Ackermann said that Germany could emerge as one of the buyers of Indian green hydrogen in the coming years. Speaking at the Indo-German Industries Dialogue organised by the Indo-German Chamber of Commerce, Ackermann said renewable…

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Will AI take your job? From cashiers to doctors, which professions face the biggest risk

Ever since the advent of artificial intelligence, people across industries have struggled with a common question: how long before it comes for their jobs?According to a Goldman Sachs report, the answer depends on the nature of the work. Routine and repetitive jobs across financial services, retail trade, healthcare and education face the highest risk of…

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India’s crude oil imports from Russia may touch new record of 3 million barrels per day – here’s why

If the security situation worsens and Red Sea supplies are disrupted during August, refiners will have to replace those volumes with crude sourced from elsewhere. India’s crude oil imports from Russia may even touch a new record high of 3 million barrels per day if the shipment disruptions through Strait of Hormuz and even Red…

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Stock Market Today Live Updates: BSE Sensex and Nifty50 trade flat; Asian markets mixed

Asian equities showed signs of stabilising on Thursday, but investors remained cautious after a turbulent week marked by a sharp AI-driven market sell-off, uncertainty over the US interest rate outlook and renewed geopolitical tensions that briefly sent oil prices soaring. Taiwan’s benchmark climbed 666.47 points to 40,705.65, up 1.66%, while South Korea’s Kospi gained 201.22…

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Samsung Q2 results: Tech giant posts record high $62 billion profit on AI chip boom

Samsung Q2 results: South Korean technology giant Samsung Electronics has posted its highest-ever quarterly operating profit as the artificial intelligence boom continues to fuel demand for memory chips, especially those used in AI servers.Samsung reported an operating profit of 89.5 trillion won ($62 billion) for the April-June period, marking a more than 19-fold jump from…

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