Biden admin not making energy independence a priority 'concerning': Lowe

Biden admin not making energy independence a priority ‘concerning’: Tiana Lowe Washington Examiner commentary writer Tiana Lowe weighs in on the Biden administration’s response to sky-high oil prices. During an interview on "Mornings with Maria" Washington Examiner commentary writer Tiana Lowe called out the Biden administration for not making energy a prime concern. OIL PRICES CONTINUE TO RALLY, BRENT HITS […]

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Biden ripped for buying Russian oil: 'We are being conned,' billionaire oil and supermarket CEO says

Biden is still buying crude oil from Putin, US is being ‘conned’: John Catsimatidis Red Apple Group Chairman and CEO John Catsimatidis argues that Biden releasing oil from reserves is the ‘dumbest thing’ he’s ever heard. John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, who is also in the oil industry, reacted to U.S. […]

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Oil industry: Nord Stream 2 isn’t as ‘relevant’ to Russia if Putin invades Ukraine

Nord Stream 2 ‘isn’t as relevant to Russia’ if Putin invades: Oil industry expert American Petroleum Institute President and CEO Mike Sommers says Russia can gain access to Ukraine’s pipeline infrastructure, entering the EU energy markets. American Petroleum Institute President and CEO Mike Sommers told FOX Business on Wednesday that the Nord Stream 2 pipeline delay won’t be as detrimental […]

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Novartis inks exclusive sales pact with Dr. Reddy’s for select products

400 Novartis employees to lose jobs due to resulting role redundancies Novartis India Ltd. (NIL) has entered into an exclusive sales and distribution agreement with Dr. Reddy’s Laboratories for a few of its established medicines, which includes the Voveran range, the Calcium range, and Methergine. The move to bring together the manufacturing and development synergies of NIL with the sales […]

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Demand for high rises wane amidst the pandemic says report

NCR witnessed the most notable change in new project typologies. Vertical growth, one of the most defining characteristics of urbanisation in India over a decade, has become the latest COVID-19 ‘casualty’. Latest research by Anarock reveals that among new projects started since 2019, the share of high-rises had shrunk to 52% in 2021 against 63% in the pre-Covid year. Of […]

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Texas power grid holds up in first freeze since 2021's historic collapse

Texas cities see job, economic growth thanks to lenient pandemic policies FOX Business’ Connell McShane reports just outside Austin, Texas, where business owners say outsider are ‘coming in troves.’ Texas’s power grid appeared to hold firm during a recent winter storm roughly a year after a devastating freeze caused millions to lose power and cost hundreds of lives.   "The […]

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5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: TRAI

“Holistic approach will be required to ensure availability of digital infrastructure in building complexes” Telecom regulator TRAI will soon come up with recommendations that will facilitate in improving telecom connectivity, especially 5G when it is rolled out, a top official has said. Telecom Regulatory Authority of India (TRAI) chairman P.D. Vaghela during a virtual event organised by Digital Infrastructure Providers […]

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Reliance Jio topples BSNL as largest fixed line broadband provider

Jio started commercial roll out of fixed line broadband service, JioFibre, in September 2019 In about two years of commercial roll out of its fixed-line broadband services, Reliance Jio has toppled 20-year-old State-run telecom company BSNL as top service provider in the segment. According to a monthly telecom subscribers report released by the Telecom Regulatory Authority of India (TRAI) on […]

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When a service turns disservice

Don’t be taken in by cold callers offering you benefits from your insurance company, you can be in for nasty surprises We are living in a high-pressure marketing environment aided by technology, and this has provided opportunities galore for fraudsters to prey on the bewildered and overwhelmed public. For the gullible and the wary equally, here are some ground rules. […]

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Air India paid 'avoidable' ₹ 43.85 crore penalty for non-compliance with contractual timelines: CAG

The national carrier defaulted on the concessional late return fees/ penalty for the period from July 2016 to December 2019. Air India shelled out an "avoidable" penalty of ₹ 43.85 crore to Boeing for non-adherence with the contractually stipulated timelines under the agreement for an aircraft component service programme, according to CAG. The penalty amount was paid in August last […]

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