The system will also optimise reactive power management, improving peak demand efficiency and strengthening the city's power infrastructure.
At close, the Sensex was down 2,226.79 points or 2.95% at 73,137.90, and the Nifty was down 742.85 points or 3.24% at 22,161.60.
The Central government has raised the excise duty on petrol and diesel prices by ₹2 per litre. An official notification by the Department of Revenue, Ministry of Finance, said the change would take effect from April 8.
South Korea ranked 29th out of 37 major economies in terms of economic growth during the fourth quarter of 2024, as weak domestic demand and heightened political uncertainty weighed on the nation's performance, a central bank report showed on Sunday.
The South Korean government plans to inject 3 trillion won ($2 billion) in emergency aid into the local car industry to cushion the blow from new 25 percent US tariffs, officials said on Sunday.
"Pre-budget meetings chaired by the secretary (Expenditure) shall commence on October 10, 2022," the Budget Division of the Department of Economic Affairs said.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) have signed a memorandum of understanding (MoU) to promote business-to-business cooperation between India and Bangladesh.
Retail vehicle sales for the month of August 2022 saw year-on-year growth of 8 per cent, said the Federation of Automobile Dealers Associations (FADA).
Speaking at U.S.-India Business Council's India Ideas Summit 2022 Minister Rajeev said, India to be a USD 300 bn electronics manufacturing industry by 2025-26.
As of Thursday, the price of 10 grams of 24 carat gold in India is Rs 50,550, while 10 grams of 22 carat gold cost Rs 46,310.
