Tag: rises

India’s coal production rises 8.6% to 73 mn tonnes in April 2023

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New Delhi: India’s domestic coal production touched a record 73.02 million tonnes in April 2023, with a growth of 8.67 per cent against 67.20 million tonnes output, recorded during the corresponding period of last year.
Coal India Ltd (CIL) reported production of 57.57 million tonnes in April 2023 as against 53.47 million tonnes of the year-ago period, thus showing a rise of 7.67 per cent.
The government has paved the way for releasing additional coal in the market through greater utilisation of mining capacities of captive and private blocks, which has led to increase in dry fuel production by 17.52 per cent to 9.88 million tonnes in April 2023, as compared to 8.41 million tonnes recorded during the corresponding period of last year.

The total coal despatch has also registered a growth of 11.76 per cent from 71.99 million tonnes in April 2022 to 80.45 million tonnes in April 2023.
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#Indias #coal #production #rises #tonnes #April
( With inputs from www.siasat.com )

May 1, 2023
GST collection rises 12% to Rs 1.87 lakh cr in April, highest ever collection

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New Delhi: GST collection grew by 12 per cent in April to Rs 1.87 lakh crore, the highest monthly mop-up since the rollout of the indirect tax regime.
The gross GST revenue collected in the month of April 2023 is Rs 1,87,035 crore of which CGST is Rs 38,440 crore, SGST is Rs 47,412 crore, IGST is Rs 89,158 crore (including Rs 34,972 crore collected on import of goods) and cess is Rs 12,025 crore, the finance ministry said in a statement.
The previous high collection of Rs 1.68 lakh crore was in April last year.

“The revenues for the month of April 2023 are 12 per cent higher than the GST revenues in the same month last year,” the ministry said.
During the month, the revenues from domestic transactions (including import of services) are 16 per cent higher than the revenues from these sources during the same month last year.
The total gross collection for the 2022-23 fiscal stood at Rs 18.10 lakh crore, 22 per cent higher than the previous year.
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#GST #collection #rises #lakh #April #highest #collection
( With inputs from www.siasat.com )

May 1, 2023
Alphabet revenue unexpectedly rises in first quarter amid industry slowdown

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Alphabet stocks rose in after-hours trading on Tuesday after the tech firm beat analyst expectations for first-quarter earnings, marking an unexpectedly bright spot in the otherwise struggling tech sector.
The company reported first-quarter revenue of $69.8bn, up 3% year-over-year and above analyst predictions of $68.9bn. Its cloud business reported a profit for the first time since its launch, taking in $191m.
Shares were up nearly 3% in after-hours trading, as investors were heartened by Alphabet’s announcement of a $70bn stock buyback.
In a statement accompanying the report, the company’s chief executive, Sundar Pichai, acknowledged the growing momentum of its cloud services and Alphabet is continuing to invest in search capabilities, including in the use of artificial intelligence.
“We introduced important product updates anchored in deep computer science and AI,” he said. “Our North Star is providing the most helpful answers for our users, and we see huge opportunities ahead, continuing our long track record of innovation.”
Artificial intelligence was a big focus of the day, mentioned upwards of 60 times during a call with investors accompanying the report. Pichai said the company would accelerate its development of AI, with safeguards in place. After the success of Microsoft-owned ChatGPT, Alphabet announced Bard – its own AI chatbot – in February.
“As we continue to bring AI to our products, our AI principles and the highest tenets of information integrity remain at the core of all our work,” Pichai said.
While in previous earnings reports Alphabet fared better than some of its peers such as Meta and Twitter, it had stumbled in recent months, announcing in August it would freeze hiring. In January it cut more than 12,000 jobs, or 6% of its global workforce, and a leaked internal memo in March revealed Alphabet would be cutting back on some employee perks in an effort to save money.

Tuesday’s report suggests a potential recovery, even as the YouTube parent company has struggled to compete with the meteoric rise of TikTok, reporting in its previous earnings that YouTube ad revenue in quarter four of 2022 shrank for the first time in the company’s history – falling about 2% to $7bn from $7.2bn year over year.
YouTube ad revenue was down 2.6% in the quarter, but at $6.69bn still beat the $6.64bn expected by analysts. The company is continuing to invest in short-form video to compete with TikTok, and Pichai stated in the call on Tuesday that YouTube Shorts now has 50bn daily views, up from 30bn this time last year.
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The rare beat comes as the tech sector continues to hobble through a downturn. All eyes will be on ongoing earnings reports, with Meta set to release its own on Wednesday and Apple reporting on Thursday.
The company stated in its report that despite layoffs, its headcount was up 16% year over year. But despite the relatively positive report, investor optimism remains “modest”, said Max Willens, a senior analyst at market research firm Insider Intelligence.
“Its cloud segment turning a profit is notable, and a testament to management’s diligence in steering Cloud toward profitability. But the reality is that Google Cloud remains comfortably behind its two most important competitors, and its growth is slowing,” he said.
He added that Google’s core business, advertising revenue, remains “under threat”, with YouTube revenues declining again and other revenues rising less than 2%. “Google’s core business is facing the most serious challenges it has encountered in quite some time,” he said.

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#Alphabet #revenue #unexpectedly #rises #quarter #industry #slowdown
( With inputs from : www.theguardian.com )

April 26, 2023
Avg monthly rent in north, east Bengaluru rises up to 24% in Jan-Mar: Anarock

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New Delhi: North and east Bengaluru have witnessed maximum appreciation of up to 24 per cent in average monthly rent for a 1,000-square feet two-bedroom apartment in the last one year among seven major cities, according to property consultant Anarock.
In its report released on Thursday, real estate consultant Anarock said that Thanisandra Main Road and Marathahalli-ORR in Bengaluru recorded highest residential rental growth of 24 per cent each year-on-year in January-March period for a standard 2BHK home of 1,000 square feet area.
Whitefield and Sarajpur in Bengaluru were at second and third positions with 21 per cent and 20 per cent growth, respectively, in rental between January-March 2022 and January-March 2023.

The consultant said that areas in east and north Bengaluru have seen a spurt in rental demand.
Bengaluru currently has the highest rental yield of 4.1 per cent among all major cities, followed by Mumbai with 3.9 per cent.
Prashant Thakur, Sr Director & Head – Research, Anarock Group, said, “When it comes to rental demand and zooming rents, Bengaluru currently stands out among the top 7 cities, with east and north Bengaluru the biggest blips on the rental radar map owing to the IT/ITeS belt there.”
Abhishek Tripathi, co-founder, Settl, said: “In a place like Bangalore during the pandemic, huge capital was deployed into hiring talent, especially in the IT sector and startups. During the same time, due to labour shortage, the increase in building supply was restricted and when the lockdown restrictions were removed and offices started to open up, people started moving to tier-I cities and settling down.”
“This disparity has created a housing crisis, especially in tier 1 cities in Bangalore. Hence, the increase in rent is a result of these multifarious factors,” Tripathi said.

As per the report, average monthly rentals for a standard 2BHK home of 1,000 sq ft at Thanisandra Main Road increased from Rs 21,000 per month in Q1 (January-March) 2022 to Rs 26,000/month in Q1, 2023.
At Marathahalli-ORR, average monthly rentals increased from Rs 22,500/month last year to Rs 28,000/month in Q1 2023.
The data showed that Pune’s three standout markets with high rental growth between Q1 2022 and Q1 2023 are Hinjewadi, Baner and Wagholi, which witnessed rental value growth of 19 per cent, 15 per cent and 13 per cent, respectively.
In Chennai, the top 3 markets to witness high rental values growth are Pallavaram, Perambur and Oragadam, with rents in this period growing by 16 per cent, 10 per cent and 11 per cent respectively.
In NCR, the top three markets were Sohna Road in Gurugram (rental values increased by 13 per cent), Sector-150 in Noida (15 per cent growth) and Dwarka in Delhi with a rental value growth of 10 per cent.
In MMR, the top three markets for rental value growth were Chembur, Ghodbunder Road (Thane) and Mulund, which saw 17 per cent, 14 per cent and 14 per cent growth, respectively.
Kolkata’s top three markets with high rental value growth between Q1 2022 and Q1 2023 were EM Bypass, Joka and Rajarhat, where rents rose by 13 per cent, 11 per cent and 10 per cent, respectively.
In Hyderabad, the top three markets were HITECH City and Kondapur, which saw rental values increase by 12 per cent each, and Gachibowli with 11 per cent growth.
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#Avg #monthly #rent #north #east #Bengaluru #rises #JanMar #Anarock
( With inputs from www.siasat.com )

April 20, 2023
As summer kicks in, demand for earthen pots rises in Hyderabad

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Hyderabad: The temperature in Telangana’s Hyderabad reached up to 40 degree Celsius in some places in the last few days. Aside from the untimely rains occasionally, the temperatures are very high in the city. This has made earthen pots gain popular demand in the state.
Earthen pots are one of the most used things in summer as they keep the water cool and healthy.
A seller of the earthen pots, Ramesh says, “I have been doing this business for the last 8 years. We sell it for 4-5 months a year. We get these from Mahabub Nagar and Nizamabad. We sell it for Rs.250 per piece. Due to untimely rains, the business was less. But, as the heat increases, the business will be good.”

“The water in these pots will be cold and very good. It is also very good for your health. We buy these pots every year. It is very good than the water cooled in the fridge”, a customer named Vijay Kumar said.
Another customer, Irshad said, “We get pots, bottles, jugs and other things made of mud here. It is very good during the summer season. The water will also be cold in it.”
Earlier, the Hyderabad Meteorological Centre informed that the temperature in some parts of Telangana is likely to rise up to 40 degree Celsius.
“In Hyderabad and surroundings, we are expecting temperatures between 39 degrees. The rest of the state is expecting more than 40 degrees and the northern part is expecting around 41 degrees. In the Greater Hyderabad Municipal Corporation (GHMC) limits, a maximum of 37 degrees has been reported in the past 24 hours. Temperatures up to 39 to 40 degrees are expected in the GHMC limits in the coming days”, said Sravani, Scientist C of Hyderabad Meteorological Centre.

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#summer #kicks #demand #earthen #pots #rises #Hyderabad
( With inputs from www.siasat.com )

April 16, 2023
Death toll rises to 32 after Tornadoes rip through US South, Midwest

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Washington: The death count from devastating and destructive tornadoes that scrapped the American South and Midwest had risen to 32, while parts of the Southern Plains braced for the possibility of their own round of severe weather, according to CNN.
The storm, which broke into America’s houses, came on Friday and till now, had crushed homes and businesses, ripped roofs off buildings, splintered trees and sent vehicles flying.
In Wynne, Arkansas, where four people have been killed, was cleaved in half by one such tornado, leaving a line of destruction from the city’s western limit to its eastern, according to Mayor Jennifer Hobbs, who told CNN Sunday and added, “We’re just gonna need all the help that we can (get) to help these families recover”.

Deaths have been confirmed across a wide swath of states, with multiple victims reported in Arkansas, Indiana and Tennessee, where the statewide death toll rose to 15 Sunday, officials said.
Three of the deaths were in Memphis: Two children and one adult were found dead after police responded to calls about trees that had fallen on homes, the Memphis Police Department said in a news release.
After the report of various tornadoes in Arkansas, the governor declared a state of emergency Friday afternoon after officials said one person was killed in North Little Rock and two died in Wynne. A state of emergency was also declared in Missouri in response to severe weather, CNN reported.
On Friday night in northern Illinois, a person was killed and 28 others were hospitalized after the roof collapsed at a theatre in Belvidere with 260 people inside, told the fire chief, Shawn Schadle, reported New York Times.
Roughly 150 miles to the east of Sherman, in Sullivan Country, Ind., three people were also killed after a tornado touched down, according to Sgt. Matt Ames with the Indiana State Police.

In addition to Arkansas, Illinois, Indiana and Tennessee, tornadoes were reported to the National Weather Service across Wisconsin, Iowa and Mississippi. As the storm system moved eastward early Saturday, tornado warnings remained in place for parts of Alabama and Georgia, according to the National Weather Service.
An overnight tornado, which makes people most prone to extensive damages, levelled much of Rolling Fork, Mississippi, where estimated maximum winds of 170 mph roared.
President Biden on Friday visited Rolling Fork, the Mississippi community hit hardest by the tornadoes last week. Tornadoes killed 13 people and destroyed homes and businesses in Rolling Fork and in surrounding Sharkey County.
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#Death #toll #rises #Tornadoes #rip #South #Midwest
( With inputs from www.siasat.com )

April 3, 2023
Saudi bus accident: Death toll rises to 21; DNA samples collected to identify victims

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Riyadh: The death toll in Monday’s bus accident in southern Saudi Arabia carrying Umrah pilgrims has risen to 21, while the number of injuries reached nearly 29.
The accident occurred at around 4 pm on Monday in Aqabat Sha’ar in the Asir region, while they were on their way to Makkah to perform Umrah.
The bus departed from Khamis Mushayt, heading to Abha.
As per media reports, the victims were of “different nationalities” but did not name them.
The accident was due to a malfunction in the bus brakes, which led to it colliding with a bridge, overturning and burning.
حادث #عقبة_شعار كان اصطدام وانقلاب لحافلة وتسبب في احتراقها..
نتج عن الحادث 20 وفاة رحمهم الله و 29 مصاب نسأل الله لهم الشفاء العاجل pic.twitter.com/pUAiuwjvl2
— عبدالله في عسير 💜 (@IAseeer) March 27, 2023
فيديو | مراسل #الإخبارية عبد الرحمن السمير: معظم المصابين في حادثة عقبة شعار بعسير يعانون من حروق جراء حريق الحافلة بعد الاصطدام ويتلقون الرعاية اللازمة pic.twitter.com/xdosilrBrW
— قناة الإخبارية (@alekhbariyatv) March 27, 2023
The dead bodies were taken to the morgue at Mahayil Hospital.
The injured were transferred to Asir Central Hospital, Muhayil Hospital, and the private Abha Hospital in Muhayil Governorate, Asir Region.
According to Aranic daily Al Watan, the health authorities in Asir started collecting DNA samples from the deceased to identify the remains and contact family members.

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#Saudi #bus #accident #Death #toll #rises #DNA #samples #collected #identify #victims
( With inputs from www.siasat.com )

March 29, 2023
Mercury Rises Amid Forecast For Light Rains In JK

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SRINAGAR: Amid forecast for rain at isolated to scattered places in next 24 hours, the minimum temperature recorded considerable increase in most parts in Jammu and Kashmir on Monday.
A meteorological department official said GNS that Srinagar recorded a low of 5.8°C against 4.2°C on the previous night and it was 2.1°C above normal for the summer capital.
Qazigund, he said, recorded a low of 3.5°C against 3.2°C on the previous night and it was 1.2°C above normal for the gateway town of Kashmir.
Pahalgam, he said, recorded a low of 1.2°C against 0.6°C on the previous night and it was 2.4°C above normal for the famous tourist resort in south Kashmir’s Anantnag district.
Kokernag recorded a low of 4.9°C against 6.5°C on the previous night and it was 2.4°C above normal for the place, the officials said.
Gulmarg recorded a low of minus 0.4°C against 2.2°C on the previous night and it was 2.9°C above normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said.
In Kupwara town, he said, the mercury settled at 2.7°C against 1.5°C on the previous night and it was 0.4°C below normal for the north Kashmir area.
Jammu recorded a low of 14.8°C against 15.8°C on the previous night. It was 0.8°C above normal for J&K’s winter capital, he said.

Banihal, he said, recorded a low of 9.3°C (above normal by 5.1°C), Batote 10.5°C (above normal by 3.8°C), Katra 14.0°C (2.3°C above normal) and Bhadarwah 6.1°C (3.1°C above normal).
Ladakh’s Leh and Kargil, he said, recorded a low of minus 2.0°C and minus 5.6°C respectively.
He said generally cloudy weather with light rain at isolated to scattered places was expected on March 13. From 14th-17th, he said, generally cloudy weather with dry weather was expected.
“Afternoon thunderstorms at isolated places can’t be ruled out,” the official said, adding, “Generally cloudy with intermittent light rain with thunder at scattered places was expected during March 18-21.” (GNS)

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#Mercury #Rises #Forecast #Light #Rains
( With inputs from : kashmirlife.net )

March 13, 2023
Mercury Rises Amid Forecast For Cloudy Weather, Light Rains In JK

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SRINAGAR: Amid forecast for generally cloudy weather with light rain at isolated to scattered places, the minimum temperature recorded increase in Jammu and Kashmir on Sunday.
A meteorological department official said that Srinagar recorded a low of 4.2°C against 3.4°C on the previous night and it was 0.5°C above normal for the summer capital.
Qazigund, he said, recorded a low of 3.2°C against 2.4°C on the previous night and it was 0.9°C above normal for the gateway town of Kashmir.
Pahalgam, he said, recorded a low of 0.6°C against minus 0.4°C on the previous night and it was 1.8°C above normal for the famous tourist resort in south Kashmir’s Anantnag district.
Kokernag recorded a low of 6.5°C against 5.3°C on the previous night and it was 4.0°C above normal for the place, the officials said.
Gulmarg recorded a low of 2.2°C against 2.0°C on the previous night and it was 5.5°C above normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said.
In Kupwara town, he said, the mercury settled at 1.5°C against 1.2°C on the previous night and it was 0.8°C below normal for the north Kashmir area.
Jammu recorded a low of 15.8°C against 15.5°C on the previous night. It was 1.8°C above normal for J&K’s winter capital, he said.

Banihal, he said, recorded a low of 5.6°C (above normal by 1.4°C), Batote 10.5°C (above normal by 3.8°C), Katra 15.3°C (3.6°C above normal) and Bhadarwah 7.5°C (4.5°C above normal).
Ladakh’s Leh and Drass, he said, recorded a low of minus 3.6°C and minus 11.6°C respectively.
He said generally cloudy weather with light rain at isolated to scattered places was expected on March 13. From 14th-17th, he said, generally cloudy weather with dry weather was expected.
“Afternoon thunderstorms at isolated places can’t be ruled out,” the official said, adding, “Generally cloudy with intermittent light rain with thunder at scattered places was expected during March 18-21.”

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#Mercury #Rises #Forecast #Cloudy #Weather #Light #Rains
( With inputs from : kashmirlife.net )

March 12, 2023
Mercury Rises Amid Forecast For Cloudy To Dry Weather In JK

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SRINAGAR: Amid the forecast for partly cloudy to mainly dry weather, the minimum temperature recorded a slight rise in Jammu and Kashmir on Saturday.
A meteorological department official here said that generally cloudy weather with light rain at isolated to scattered places was expected on March 13 and from 14th-17th, generally cloudy to dry weather was expected.
“Afternoon thunderstorms at isolated places can’t be ruled out,” the official said, adding, “generally cloudy with intermittent light rain with thunder at scattered places during March 18-21st.”
Regarding temperature, he said, Srinagar recorded a low of 3.4°C against 3.2°C on the previous night and it was 0.1°C above normal for the summer capital.
Qazigund, he said, recorded a low of 2.4°C against 2.0°C on the previous night and it was 0.2°C above normal for the gateway town of Kashmir.
Pahalgam, he said, recorded a low of minus 0.4°C against minus 1.2°C on the previous night and it was 1.0°C above normal for the famous tourist resort in south Kashmir’s Anantnag district.
Kokernag recorded a low of 5.3°C against 4.3°C on the previous night and it was 3.4°C above normal for the place, the officials said.
Gulmarg recorded a low of 2.0°C against 0.6°C on the previous night and it was 5.5°C above normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said.

In Kupwara town, he said, the mercury settled at 1.2°C against 0.4°C on the previous night and it was 0.6°C below normal for the north Kashmir area.
Jammu recorded a low of 15.5°C against 14.6°C on the previous night. It was 1.4°C above normal for J&K’s winter capital, he said.
Banihal, he said, recorded a low of 4.3°C (above normal by 0.2°C), Batote 9.2°C (above normal by 3.3°C), Katra 13.7°C (2.2°C above normal) and Bhadarwah 6.6°C (3.5°C above normal).
Ladakh’s Leh and Kargil, he said, recorded a low of minus 4.8°C and minus 16.7°C respectively. (GNS)

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#Mercury #Rises #Forecast #Cloudy #Dry #Weather
( With inputs from : kashmirlife.net )

March 11, 2023