Meanwhile, figures from the Indian Ports Association showed that ports across the country suffered owing to the pandemic and its impact on the global economy. The average fall across the major ports in the country is nearly nine per cent for the period. Mumbai suffered a fall of more than 17 per cent and the Momugao traffic fell more than 23 per cent and JNPT traffic was down by over 12 per cent. Haldia Dock Complex, Paradip, Visakhapatnam, and New Mangaluru suffered lesser falls in business. … [Read more...] about Kochi port handles record cargo in December
Hottest years on record
Gone in 1.88 seconds: the secrets of record Formula One pit stops
Until this season, the previous record was 1.92 seconds, jointly held by Red Bull at the 2013 U.S. Grand Prix on the car of Australian driver Mark Webber and Williams at the European Grand Prix in 2016 in Azerbaijan with Brazil’s Felipe Massa at the wheel. … [Read more...] about Gone in 1.88 seconds: the secrets of record Formula One pit stops
Record 343k Brits vaccinated in a day as tragic Covid death toll rises to 93k
Health Secretary Matt Hancock said sticking to the lockdown rules will help reduce the spread. He added: “These findings show why we must not let down our guard over the weeks to come. … [Read more...] about Record 343k Brits vaccinated in a day as tragic Covid death toll rises to 93k
House Hoarding: Sales Surge to Fastest Pace in Over A Decade While Supply Crashes to Record Low
“Home sales rose in December, and for 2020 as a whole, we saw sales perform at their highest levels since 2006, despite the pandemic,” said Lawrence Yun, NAR’s chief economist. “What’s even better is that this momentum is likely to carry into the new year, with more buyers expected to enter the market.” … [Read more...] about House Hoarding: Sales Surge to Fastest Pace in Over A Decade While Supply Crashes to Record Low
Reliance doubles down on 5G pledge after record profit
Indian billionaire Mukesh Ambani doubled down on his promise to offer 5G services on his wireless network as early as this year, as his conglomerate Reliance Industries Ltd. reported a record profit aided by its consumer businesses.The group’s wireless operator, Reliance Jio Infocomm Ltd. -- India’s largest -- has started advance tests to prepare the fifth-generation, high-speed network, it said in a statement Friday. But the tycoon’s plans hinge on the availability of spectrum as the Indian government still hasn’t auctioned the required airwaves.The Mumbai-based group, whose businesses span oil refining and petrochemicals to retail and telecommunications, said it’s testing the transmission speeds using locally-developed equipment. Reliance Jio, with almost 411 million users, reported a 15.5% jump in profit for the three months through December from the preceding quarter, while earnings margins before interest, taxes, depreciation and amortization touched … [Read more...] about Reliance doubles down on 5G pledge after record profit