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    CENTRAL ROAD RESEARCH INSTITUTE

    Before he goes into space, the non-biological PM should go to Manipur: Jairam Ramesh

    Taking to 'X', Ramesh, on July 4, wrote, "Before He goes into space, the non-biological Pradhan Mantri should go to Manipur." The media report has quoted ISRO Chief S Somnath as saying that PM Modi can be the candidate for India's first manned space mission, 'Gaganyan', which is slated to be launched in 2025.

    Competitive intensity in used vehicle market to be on the rise: India Ratings

    India Ratings and Research predicts that vehicle financiers will increase the share of used vehicles in their AUM due to rising new vehicle prices, food inflation, heat wave, moderation in capacity utilization due to elections, and slowing rural economy. The agency also expects a decrease in FY25 growth rates from FY24 levels. The agency expects non-bank finance companies to focus on used vehicles as assets class, presenting a favorable risk-return in terms of asset quality and pricing power.

    Certification to be must for road expansion joints

    Road transport and highways ministry will soon mandate road contractors to certify all expansion joints on bridges and roads. This new requirement aims to prevent mishaps from the premature failure or deterioration of joints, which could lead to accidents.

    Rupee sees range-bound trade against US dollar in morning deals

    The rupee traded against the US dollar in early trade, influenced by the equity market and factors like the dollar's strength and crude oil prices.

    On the way: Production of Bitumen using biomass

    India plans to produce bio-bitumen from biomass to reduce imports and tackle stubble burning issues in road construction.

    Inflation, Fed meeting to give clues for US market direction

    Investors await next week's inflation data and Fed meeting for signals on stock market trajectory amid conflicting economic signals. S&P 500's 12% YTD rise hinges on Fed's ability to manage inflation without hampering growth.

    • Wall St Week Ahead-Inflation, Fed meeting to give clues for US market direction

      Political uncertainty may impact market stability. Early presidential debate raises concerns about 2024 election influence. Market attention shifts from economic data to political landscape.

      Groundwater to get over 3 deg C warmer by century's end, threatening safety: study

      Groundwater is projected to warm by 2-3.5 degrees Celsius before the turn of this century, potentially risking water quality and safety, apart from threatening ecosystems depending on the resource, a new research has found. The "world's first global groundwater temperature model" predicted the highest warming rates in Central Russia, Northern China and parts of North America, and the Amazon rainforest in South America.

      Experts warn of heat risks as India's temperatures climb again

      India is facing a severe heatwave, with temperatures in several cities exceeding 45 degrees Celsius. The city of New Delhi has seen temperatures rise into the high 40s Celsius, with power usage in the city reaching a record high. Experts warn that cities are more vulnerable to the compounding effects of urbanization and climate change, leading to a greater number of hotter days, prolonged dry spells, and less rainy days.

      North Korea flies trash balloons over the South as leader Kim doubles down on satellite ambitions

      North Korea launched hundreds of trash-filled balloons into South Korea, prompting chemical and explosive response teams to recover the debris. This act follows North Korean leader Kim Jong Un's push to overcome a failed satellite launch and develop reconnaissance capabilities. Kim criticized South Korea's military exercises and warned of "stern" actions.

      Post-COVID, China is back in Africa and doubling down on minerals

      Chinese overseas investment, with a focus on minerals extraction in Africa, is rebounding post-pandemic. However, the relationship remains extractive, not fully aligned with the Belt and Road Initiative's goals outlined by President Xi Jinping.

      Soon, highways and city roads may have dedicated lanes for two-wheelers

      The Ministry of Road Transport plans to introduce dedicated lanes for two-wheelers on state highways and urban roads, aiming to reduce accidents. With 44% of Indian road crashes involving two-wheelers and 17% involving pedestrians, the initiative targets Vulnerable Road Users (VRUs). It draws inspiration from Malaysia's approach and proposes integrating road safety into school curriculums.

      BMC sets up expert panel to frame guidelines for billboards in Mumbai

      On May 13, a giant illegal hoarding in the city's Ghatkopar area fell on a petrol pump during gusty winds and unseasonal rains, leaving 17 dead so far and over 70 injured. Rakesh Kumar, an ex-employee of National Environmental Engineering Research Institute (NEERI), is the environment expert on the panel, while IIT Bombay's Prof. Avjit Maji, Prof. Nagendra Rao Velaga, besides Prof. Shreekumar from the department of Industrial Design, are other members.

      Bifurcation blues: 10 years later, several issues remain unresolved between AP, Telangana

      After a decade, Andhra Pradesh and Telangana still face unresolved issues post-bifurcation, including asset division and power bill dues. Hyderabad's transition to Telangana on June 2 as per the AP Reorganisation Act 2014 remains complex. Challenges persist in dividing Schedule 9 and Schedule 10 institutions, influenced by the Sheela Bhide panel's recommendations and disputes over employee transfers.

      Cruel Summer: Rethinking how to live, work in a world that is getting warmer

      As this year’s summer, with its extended heat waves and record temperatures, warns, how to adapt to a warmer world is no longer a hypothetical question. A new study by World Weather Attribution says climate change has made a 30-day heat wave in South Asia 45 times more likely and 0.85o C hotter. Experts say we need to rethink the kind of houses we live in and offices we construct, how we grow our crops and the way we look at the impact of heat on our bodies, even as we tackle reducing the use of fossil fuels.

      Reach Europe 20 days earlier and for 30% cheaper: How Chabahar port helps India expand its trade footprints globally

      India’s pact with Iran to develop the Chabahar port will give a boost to the multimodal transportation network called the International North-South Transport Corridor, enabling exports from South Asia to reach Europe and Russia.

      Delhi's pollution worsens: This May is already more polluted than the previous 2 years

      Pollution data indicates that the average Air Quality Index (AQI) from May 1-16, 2024, was 233. However, the average AQI during the same period was 182 in 2023 and 215 in 2022.

      GameStop and AMC tumble as meme stocks rally deflates

      Unlike 2021, when Reddit users banded together to target highly shorted stocks that burned the bearish bets of hedge funds, institutional investors too were part of the meme-stock mania, Vanda Research, which tracks retail investor flows, said.

      GameStop, AMC slide further as meme stocks rally tapers off

      ​ Retail darlings GameStop and AMC continued their slide for a second straight session on Thursday, as the euphoria over the return of "Roaring Kitty", who was the central figure in 2021 meme stock rally, fizzles out.

      Bumpy roads vs beautiful flyovers: What's stopping Delhi from becoming a world-class city?

      Delhi's 2023 budget aimed to upgrade 1,400km of roads with Rs 22,000 crore, managed by PWD. Kejriwal's vision led to pilot projects. The 10-year maintenance plan is restructured. Municipal Corporation of Delhi oversees colony roads. Agencies focus on beautification but neglect road repair and signage importance. Tree plantation and road strengthening are prioritized.

      Chabahar Port development to help India expand trade routes; need to ensure necessary infra: GTRI

      India has signed a 10-year contract to operate the strategic Iranian port of Chabahar, which will help India enhance its logistical capabilities and expand its trade routes to Central Asia. The port, which is Iran's only ocean port, is strategically located about 170 km west of Pakistan's Gwadar Port and offers an alternative maritime route to the congested Strait of Hormuz. The port is an integral component of the International North-South Transport Corridor (INSTC), a 7,200-km multi-modal transportation route connecting India with Iran, Azerbaijan, Russia, Central Asia, and Europe.

      BoE leaves key rate unchanged at 5.25%; moves closer to first rate cut since 2020

      The BoE said on Thursday its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25% after Deputy Governor Dave Ramsden joined Swati Dhingra in voting for a cut to 5%. The MPC has now kept rates on hold at six meetings in a row but it hinted that a first cut since March 2020 at the onset of the COVID-19 pandemic could come as soon as its next meeting in June, a potential boost for Prime Minister Rishi Sunak.

      Tesla pullback puts onus on others to build electric vehicle chargers

      Musk's decision to lay off the 500-member team responsible for installing charging stations, and to sharply slow investment in new stations, baffled the industry and raised doubts about whether the number of public chargers would grow fast enough to keep pace with sales of battery-powered cars.

      ET Road Safety & Safer Mobility Forum: Experts spotlight strategies for elevating employee well-being and operational efficiency in transportation

      Global road fatalities dropped by 5%, but India saw a 15% rise. The ET Road Safety & Safer Mobility Forum discussed safety culture and technology's role in employee transportation. Leaders emphasized driver safety, tech integration, and collaborative efforts for a safer future.

      Weak yen may actually deter Bank of Japan from hiking rates soon

      The BOJ is seen raising this year's price forecast at the next meeting on April 26 and project inflation to stay near its 2% target through 2026, said two of the sources, underscoring its readiness to jack up rates from zero later this year.

      Indonesian delegation visits India to learn best practices in mid-day meal scheme & digital inclusion

      Indonesian delegation explores collaboration with India on various initiatives under President-elect Prabowo, including mid-day meal scheme and digital inclusion. The visit aimed at fostering cooperation in biotechnology, agriculture, and digital infrastructure for mutual growth and development.

      Zerodha funds Prayoga Institute's new research block focused on sustainability

      Bengaluru-based Prayoga Institute of Education Research, funded by Zerodha, opens new research block with labs for sustainability research. Labs cover life sciences, physical sciences, chemical sciences, earth sciences, and sophisticated instrumentation. Accessible to high school students. Promotes research, innovation, collaboration.

      Ram temple in Ayodhya can withstand once-in-2,500-year quake, say scientists

      The Ayodhya Ram temple, a popular attraction for devotees, has been designed to withstand the largest earthquake in 2,500 years. The CSIR-Central Building Research Institute conducted a series of scientific studies on the site, including geophysical characterisation, geotechnical analysis, foundation design vetting, and 3D structural analysis. The study aimed to ensure the temple's structural safety for the Maximum Considered Earthquake, equivalent to a 2,500-year return period.

      ‘No iron, no steel’: Architects relied on ancient Indian know-how to make Ram Mandir earthquake-proof for 2,500 years

      ​As the entire nation looks forward to the consecration of the sacred Ram Mandir in Ayodhya tomorrow, here is a sneak peek into how the iconic temple was reconstructed.

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