electric cars

The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States

As the US races ahead, Europe frets about battery factory subsidies

White House

Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal, instead settling for limited changes that could simplify and expedite some project reviews.
The legislation, approved late Wednesday by the House, includes provisions to speed up infrastructure projects under the landmark National Environmental Policy Act, or NEPA. However, it does not clear the way to build large-scale electricity transmission lines, instead ordering a two-year study of the issue.
The budget deal was being debated Thursday in the Senate, where lawmakers are working to meet a Monday deadline before the U.S. risks a devastating default.
One project got special treatment: the legislation essentially ensures construction of the long-delayed Mountain Valley Pipeline, a $6.6 billion project to transport natural gas through Appalachia. The White House 

Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal, instead settling for limited changes that could simplify and expedite some project reviews.

Debt ceiling deal advances pipeline and tweaks rules, but more work remains

Press Trust of India

Lionel Messi converts penalty and puts his team 1-0 up in the Fifa World Cup final between Argentina and France. Photo:@Argentina

Messi

Lionel Messi is to play his last match for Paris Saint-Germain against Clermont on Saturday, as the club's head coach Christophe Galtier confirmed his departure at the pre-match press conference

PSG coach Galtier confirms Messi's departure, says to leave after season

IANS

Ukraine President Volodymyr Zelenskyy, GoldenGlobes

Ukrainian President Volodymyr Zelenskyy took his quest for more arms and support to a sprawling summit of some 50 European leaders in Moldova on Thursday, ending up the focal point of an event that seeks to quell regional conflicts and shore up unity in the face of Russia's war.
The meeting of the pan-continental European Political Community, which embraces all European nations other than Russia and Belarus, gathered the heads of state and government from 47 countries but its attention was on the continent's south and east  a region pushed to a turning point in its relationship with Moscow because of Russia's invasion of Ukraine last year.
After a day of talks in the Moldovan countryside, Zelenskyy said the best security guarantee for Ukraine was membership in NATO and the European Union, and that any proposed peace plans to bring the war to an end could not take into account Russian concerns.
There is an aggressor in this war and there is a victim," Zelenskyy told reporters. A peac

Ukrainian President Volodymyr Zelenskyy took his quest for more arms and support to a sprawling summit of some 50 European leaders in Moldova on Thursday, ending up the focal point of an event that seeks to quell regional conflicts and shore up unity in the face of Russia's war.

Zelenskyy pushes for Ukraine support at European leaders' summit in Moldova

Delhi, AQI, Air Quality

The Commission for Air Quality Management (CAQM) conducted over 2,900 surprise inspections in the January to May period and issued 147 closure orders against units that violated pollution control norms.
Additionally, 51 industrial units faced closure directions for using unapproved fuels, including coal, a statement said.
To ensure compliance with the pollution control laws, the CAQM has deployed 40 inspection teams and intensified inspections and enforcement efforts.
From January to May, these teams conducted 2,901 surprise inspections across Delhi-NCR focusing on industrial units, construction and demolition sites, and commercial and residential units using diesel generator sets.

The Commission for Air Quality Management (CAQM) conducted over 2,900 surprise inspections in the January to May period and issued 147 closure orders against units that violated pollution control norms.

CAQM conducted over 2,900 surprise inspections in Delhi-NCR from Jan to May

India, city, town, slums, urban

At the crack of dawn on Thursday with the city still asleep, excavators made their way into a slum cluster near Pragati Maidan, waking its inhabitants who felt their lives were about to be upended.
As imminent demolition loomed, poised to reduce their modest homes to rubble, several residents suddenly found themselves shelterless. Anxiety crept in as they began to think of their bleak future and possibly that of their children.
Pinky, a mother of four, said she was distressed about her 18-year-old daughter's future. Having somehow managed to gather enough money to send the teenager to a hostel, Pinky said that her daughter might not be able to complete her studies now that her home has been razed in the anti-encroachment drive.
"This displacement affects my livelihood. We somehow managed to save money and send her to a hostel. After this demolition drive, we are worried that she might have to come back," the woman said.
"Authorities are more concerned about the rich. They are least

At the crack of dawn on Thursday with the city still asleep, excavators made their way into a slum cluster near Pragati Maidan, waking its inhabitants who felt their lives were about to be upended.

Pragati Maidan slum demolition: 'Worried about children,' say residents

wrestlers protest

Sharad Pawar-led NCP has asked former cricketers Sachin Tendulkar and Gautam Gambhir to support the women wrestlers demanding action against Wrestling Federation of India chief Brij Bhushan Sharan Singh over allegations of sexual harassment.
In a statement, NCP national spokesperson Clyde Crasto asked Tendulkar, who was recently appointed by the Maharashtra government as 'Smile Ambassador', to speak up for the women wrestlers.
In a message to cricketer-turned-politician and BJP Lok Sabha member Gautam Gambhir, Crasto asked him to fulfil his "duty" towards fellow sportspersons.
"Hello Gautam Gambhir, When the world thinks of India's 2011 cricket world cup final, the first thought that comes to mind is MS Dhoni's winning six, but what actually set the tone for that victory was the gritty unforgettable 97 runs scored by you in the same match," Crasto said.
"You fulfilled your duty as a cricketer and now you must fulfil your duty as a sportsperson by supporting our women wrestlers who 

Sharad Pawar-led NCP has asked former cricketers Sachin Tendulkar and Gautam Gambhir to support the women wrestlers demanding action against Wrestling Federation of India chief Brij Bhushan Sharan Singh over allegations of sexual harassment.

NCP asks former cricketers Tendulkar, Gambhir to support women wrestlers

Credit Suisse to pay $5.3 billion US deal on mortgages

The average long-term US mortgage rate climbed this week to its highest level since November, driving up borrowing costs for would-be homebuyers at a time when the housing market is being held back by a near record-low inventory of homes on the market.
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.79% from 6.57% last week. A year ago, the rate averaged 5.09%.
The latest increase marks the third in three weeks and lifts the average rate on a 30-year home loan to its highest level since it surged to 7.08% in early November.
The average rate on 15-year fixed-rate mortgages, popular with those refinancing their homes, rose to 6.18% this week from 5.97% last week. A year ago, it averaged 4.32%, Freddie Mac said.
High rates can add hundreds of dollars a month in costs for homebuyers, limiting how much they can afford in a market that remains unaffordable to many Americans after years of soaring home prices and historically low

The average long-term US mortgage rate climbed this week to its highest level since November, driving up borrowing costs for would-be homebuyers at a time when the housing market is being held back by a near record-low inventory of homes on the market.

Avg long-term US mortgage rate at 6.79% this week, highest level since Nov

Artificial intelligence

More than three fourth of people in India surveyed are willing to delegate as much work as possible to artificial intelligence, a Microsoft report said on Thursday.
According to Microsoft Work Trend Index 2023 report, 90 per cent of Indian leaders say employees they hire will need new skills to be prepared for the growth of AI (articial intelligence).
The research based on a survey of 31,000 people across 31 countries, including about 1,000 from India found that 74 per cent of Indian workers say they're worried AI will replace their jobs.
"Research shows 83 per cent of Indian employees are willing to delegate as much work as possible to AI to lessen their workload," the report said. More than 3 in 4 Indian leaders (84 per cent) said that they are concerned about lack of innovation.
"The primary culprit disrupting productivity is inefficient meetings, as reported by 46 per cent of Indian workers who feel that their absence in half or more of their meetings would go unnoticed by ...

More than three fourth of people in India surveyed are willing to delegate as much work as possible to artificial intelligence, a Microsoft report said on Thursday.

83% Indians would delegate as much work as possible to AI: Microsoft report

Worli Is a Hub of Urban Excellence: Nishant Agarwal, Managing Director, Avighna Group

Mumbai (Maharashtra) [India], June 1: Be it the birth of the Renaissance in Florence or the shaping of Silicon Valley in America, urban density has long been at the heart of human progress. A closer home, conducive physical infrastructure, and human capital propelled Bengaluru's Electronic City and Pune's Hinjewadi into global IT hubs. Today, even as India's urban centers are driving its expansion into a $ 5 trillion economy, the country's financial capital Mumbai is the biggest contributor to the country's growth, and Mumbai's business districts are at the core of this evolution.

ANI Press Release

Apple's new stores in Delhi & Mumbai have grossed monthly sales of more than Rs 22-25 crore each. Industry experts have said that the figure is around twice the sale of an electronics store in India

Record-breaking sales: Apple's India stores reach Rs 25 cr monthly revenue mark

When you buy any item, you may pay for it using an appropriate currency note. But have you ever wondered what the cost of printing that currency note is? Watch the video to find out

Explained: How much does it cost to print rupees?

On 21st May, 2023, Bhanu Rekha, a young employee at Infosys, lost her life in a distressing incident caused by heavy rainfall. India's bustling tech capital, where infra deficiencies are rampant

Explained: How infra stress, bad roads are killing Brand Bengaluru

Maruti Suzuki (MS) is all set to bring its much-awaited, five-door off-roader Jimny into the market on June 7. Here's all you need to know about the new Gypsy.

Maruti Suzuki Jimny 2023 | All you need to know about the new Gypsy

In a recent run-off election, Recep Tayyip Erdogan emerged victorious securing another five-year term as the president of Turkey. 
Watch the video to know more about his challenges.

Turkey election 2023: Erdogan wins another term as president but challenges remain

Employees Provident Fund or EPF is a mandatory savings and retirement scheme for employees of an eligible organisation, which can be used as a corpus post-retirement.

How To Withdraw PF Advance Online? Here's A Step-By-Step Guide

From US to Australia, investors from 21 nations get angeltax exemption. Watch the video to dive into the details and explore what exactly this angel tax is all about.

21 nations get angel tax exemption. Here’s what this means

21 nations get angel tax exemption. Here's what this means

The Narendra Modi government completes 9 years in power. Here's a look at major events in these 9 years.

9 Years of PM Modi | A look at the major events

Did you know RBI under Raghuram Rajan floated the idea of introducing Rs 5,000 and Rs 10,000 notes in 2014?
Watch the video to know the tale of inflation, demonetisation, and counterfeiting concerns.

RBI's Rs 10,000 note proposal: Inflation, demonetisation, and counterfeiting worries

If you think 2000 rupee note was the highest denomination of Indian currency, time to get your facts checked! Watch the video to know more

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