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Rooftop solar installations may cost more from June 1 as the domestic content rule takes effect. Industry estimates suggest costs could rise by ₹4,000-6000 per kilowatt. Alekhya Datta, Director at TERI, said, "a typical 3-kW rooftop solar system using DCR-compliant equipment could cost between ₹1.8 lakh and ₹2.1 lakh." This rule aims to boost India's solar manufacturing.
The Consultative Committee on Power met on Tuesday, with Minister Manohar Lal chairing. They discussed grid stability as renewable energy integration strains the system. The panel highlighted that "grid stability is central to energy security." India lost 34 GWh of clean generation on March 30, 2026, due to transmission issues.
State released Rs 12.5 crore to SBSTC for free women's bus travel. Officials said the scheme needs Rs 5.5 crore monthly. Many women eagerly used the new facility, with one saying it would "provide significant financial relief." The state transport department got the first instalment to cover costs.
R Senthil Kumar got charge as Southern Railway's Principal Chief Commercial Manager on Tuesday. He previously was Chief Commercial Manager (Passenger Marketing). He also served seven years under the Ministry of Shipping, where he held General Manager positions. This move shows a key leadership change for the railway.
Applying for a personal loan? You need specific documents. Banks and lenders require paperwork to verify identity, address, and income. Having these ready, like scanned copies for online applications, helps ensure faster approval. This is crucial as loan applications may not be processed without necessary paperwork.
Experts said Small Modular Reactors (SMRs) are key to India's energy security, defence manufacturing, and digital infrastructure. At a policy dialogue on Tuesday, they stressed nuclear power's role in the energy transition. "We cannot have energy transition without nuclear," said Prof. R. Srikanth, highlighting the need for a balanced energy mix.
India's data centre sector is seeing rapid growth, with over $100 billion in investments. Hyperscale cloud operators and AI providers are driving demand for large, power-ready land parcels. This is creating new infrastructure corridors beyond Mumbai. As Niranjan Hiranandani said, "The data centre sector is creating a new category of real estate demand."
Teen cricketer Vaibhav Sooryavanshi got ₹7 crore net worth at 15. His income from cricket and endorsements is taxed in his own name. This is because, as a tax expert said, "income arises from the minor's personal efforts and abilities." Many minors' earnings are clubbed with parents' income.
US stocks opened lower on Tuesday after hitting record highs. The Dow Jones fell 166.0 points, the S&P 500 dropped 4.6 points, and the Nasdaq Composite lost 56.7 points. Blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet showed investor confidence in AI.
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Intel unveiled new AI infrastructure and Xeon 6+ processors at Computex 2026. The company showed off rack-scale systems for inference and agentic AI, using Xeon processors with SambaNova's RDUs. Intel said it is collaborating with Foxconn for production-ready systems. Many partners also showed advanced AI deployments.
AirTrunk CEO Robin Khuda met AP CM N Chandrababu Naidu in Amaravati on Tuesday. They discussed AirTrunk's interest in developing a 2 GW data centre campus in Visakhapatnam. Naidu said, "We also discussed AirTrunk's interest in developing a 2 GW hyperscale data centre campus in Visakhapatnam." This shows Visakhapatnam's growing importance for AI and cloud technologies.
Felix Industries reported strong FY26 growth, with revenue surging 177.6 percent to Rs 102.21 crore. The company said this was due to waste management projects and overseas expansion. Felix Industries LLC, Oman, secured contracts worth about Rs 105 crore. Managing Director Ritesh Patel described FY26 as a "transformational year."
Petrol and diesel prices may rise by Rs 12 per litre. Oil companies are making losses, with analysts saying they need to increase prices to break even. "Currently OMCs marketing margins on sale of petrol is -Rs 5.5 per litre," said Prashant Vasisht. Many districts are seeing over 100% growth.