New Delhi

Automatic weather stations, mobile app launched

Union earth sciences minister Harsh Vardhan on Monday launched a special weather service for the Kumbh Mela, which includes setting up of four automatic weather stations (AWS).

The purpose of this service is to provide information of the prevailing weather and forecasts for the next three days, Vardhan said.

Four AWS have been installed at four different locations in Allahabad and made them operational.

December retail inflation drops to 18-month low

Continued decline in food prices pulled down retail inflation to an 18-month low of 2.19 per cent in December 2018, creating headroom for the RBI to cut interest rate in its monetary policy review next month.

NTPC to use straw pellets in power plants

With governments still pondering over best suited solution to address worsening air pollution in the National Capital, the country’s largest power producer, NTPC, has taken the lead by proposing to partially replace coal with pellets made of paddy straw and other agricultural residue to generate electricity in 35,000 MW of its power plants.

Expansion in Kitchen Ensemble

HSIL, one of India’s leading sanitaryware company, and makers of iconic brand Hindware is aiming to expand strategically into consumer product space through the kitchen appliances category under the brand Hindware Kitchen Ensemble. For further expansion of the consumer product portfolio, HSIL also entered into as Groupe Atlantic of France bringing Hindware Atlantic water heaters into the Indian market.

Coming soon: Kalia to ease farm distress

As the Centre weighs various options to boost farmer’s income, the mandarisn have hit upon the farmer livelihood scheme, Krushak Assistance for Livelihood and Income Augmentation, or Kalia, announced by the Odisha government. The scheme may be launch nationwide in a new avatar well before the start of the election process.

Finmin for caution on Mudra loans without stifling credit

In order to dispel fears about a build-up of bad loans in Mudra loan schemes, the finance ministry is likely to ask banks to take the usual precautions on disbursals of such loans to the refinancing agencies, but by ensuring that lending to the targeted beneficiaries are not choked.

Wah Ustad Wah!

When tabla maestro Ustad Zakir Hussain said “Wah Taj” little did he know the brand he was creating for himself, although the tagline was just too good to refuse. He could even be seen with child prodigy Aditya Kalyanpur - compared with Taj Mahal’s tea tasters - hours of rigorous practice to select only the finest tea.

The Taj Mahal Tea’s “Wah Taj” campaign, he says, has helped a lot in getting him a visibility he needed, although that has been his only ad.

Govt keen to pare stake in banks to 52%, but capital infusion a hurdle

The finance ministry is keen to take its shareholding in public sector banks to 52 per cent to follow a professional corporate structure, but that can happen only once banks stand on their own with no need for recapitalisation. At the moment, many banks need capital infusion through preferential equity, which rather pushes up the government stake in them than reducing it.