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India heatwaves may rise 400% by century-end

India’s average temperature has risen by just 0.7 degrees Celsius over the last century — but it tells a much bigger story. Scientific projections suggest that the frequency of summer heatwaves across India could rise by a staggering 300 to 400% by the end of the century. More troubling still is the rise in warm nights, projected to outpace the increase in warm days.Without adequate protection, heat-related illnesses — from rashes and cramps to life-threatening heatstrokes — are likely to become increasingly common.The economic cost is equally alarming. According to a 2024 study published in The Lancet, the annual labour hours lost in India due to heat exposure are now 124% higher than during 1990 to 1999, with agriculture accounting for nearly 66% of the losses.Reduced labour capacity during heatwaves leads to an annual income loss of nearly $194 billion. Clearly, the heat is on.131284958131284962131284970131284979131284984131284989131285009 from Economic Times https://ift.tt/SZCyle...

IPL 2026: PBKS beat LSG by 7 wickets

from Economic Times https://ift.tt/bAOZL67

Rubio Quad talks focus on critical minerals supply

from Economic Times https://ift.tt/d0hNVZa

Tesla to establish sales & service centre in Hyderabad

from Economic Times https://ift.tt/FVl4ZBu

India’s peak power demand hits 271 GW

New Delhi: India's 'peak power demand met' on Thursday was within touching distance of the projected level of 271 GW for May, a jump of nearly 5 GW in a single day, as citizens run their fans and air conditioners in the day and at nights to beat the searing heat.The peak power demand in solar hours reached 270.82 GW and was successfully met, the power ministry posted on X.This is the fourth consecutive day of peak demand breaking records.Also Read: Why future of India's energy security depends on building smarter gridsThe maximum peak demand of 283 GW is estimated for June.The ministry will look at the trend of Thursday's non-solar hour peak demand and Friday's peak demand to see if there is a need to recalibrate the estimates, a government official told ET.Thursday's peak demand was met by thermal power contributing 62.8%, solar 22%, wind 5%, hydro 5.8%, and the rest from other sources.The availability of coal at the thermal power plants is adequate and the...

RIL, others refute govt's claim on KG Basin

New Delhi: Reliance Industries Ltd (RIL) on Thursday strongly refuted in the Supreme Court the Centre's claim that the company and its two offshore partner firms allegedly siphoned from the Krishna-Godavari basin deposits gas which migrated to their area from the state-owned ONGC gas field.A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi was hearing the appeals of RIL, BP Exploration (Alpha) Ltd and Niko (NECO) Ltd against a Delhi High Court verdict that set aside an arbitral award in their favour in the gas migration dispute with the Centre.The firms assailed the February 14, 2025 order of the high court setting aside an order of the single-judge bench that had upheld the arbitral award in favour of RIL and its two partners for allegedly siphoning gas from deposits they had no right to exploit.The oil ministry on November 4, 2016, slapped a demand of USD 1.47 billion on the Reliance-BP-Niko combine for producing in seven years ending March 31, ...

Fewer top-ups mark FMCG buying shift

Mumbai: Indian consumers are ringing in caution. Shoppers are making fewer trips to buy FMCG but spending significantly more every time they step into a store, signalling a sharp behavioural shift in how households are managing inflation and daily consumption.According to a report by Worldpanel by Numerator (formerly Kantar), average FMCG purchase occasions softened to 156 trips annually from 158 in FY24, while spend per shopping occasion rose from ₹121 to ₹139 over the last two years and from ₹130 to ₹145 in the March quarter of 2026.Categories such as biscuits, snacks and noodles are increasingly shifting from spontaneous top-up purchases to planned-basket buys, pointing to a more cautious and deliberate consumer environment and marking a reversal from the post-pandemic consumption cycle that was driven by convenience, quick commerce and impulse-led spending. from Economic Times https://ift.tt/5gV9pCl