Author: TI Editor

(Bloomberg) — A battery-storage project that will become the biggest in Finland has been given the go-ahead to start construction. The final investment decision, taken in late February by SEB Nordic Energy’s Locus Energy and Ingrid Capacity AB, means construction in Nivala will start immediately. The 70-megawatt system — which can store power for two hours — will be operational in the second half of next year, Ingrid Chief Strategy Officer Nicklas Backer said in an interview, declining to provide financial details. The nascent sector of the energy market is growing fast as the need to store excess electricity grows.…

Between April and September 2024, 18,461 frauds were reported, involving a staggering ₹21,367 crore—an eightfold jump compared to ₹2,623 crore last year.  The number of cases, too, has surged by nearly 28%. Beneath these numbers lies a growing threat that financial institutions are struggling to counter: sophisticated fraud in loan applications. Digital impostersIdentity fraud is at the heart of this crisis, with fraudsters pretending to be genuine applicants to get loans. Digital onboarding has improved with Aadhaar-based OTP verification and face-matching technology, strengthening security. However, fraudsters are adapting just as fast. Today, digital applicants must verify their presence in real-time…

Are you overwhelmed by your rising credit card debts? Choosing a balance transfer credit card might offer the best solution when you have accumulated too much debt on your credit cards. This card enables debt transfer from existing credit card accounts to a better rate card which can offer interest-free periods. Reducing your interest payments lets you save a major amount of money while you accelerate debt repayment.Understanding balance transfer credit cardYou can transfer your current credit card balances to a new card with a lower interest rate by using a balance transfer credit card. This can help you pay…

Nothing has launched its new mid-range Phone 3a series in India, packing a 6.77-inch FHD+ AMOLED display, Qualcomm Snapdragon 7s Gen 3 processor, a 50MP telephoto lens, and a 5,000mAh battery. The marketing hype around the device might convince you it’s the top device to buy around the ₹30,000 mark, but that doesn’t quite hold up when you dig into the facts.For anyone hunting for options in this price range, we’ve rounded up five phones that could deliver better value than the Phone 3a Pro, depending on the individual’s use cases.5 Phones that offer better value than Nothing Phone 3a…

The company, which has deep roots in the nuclear sector, is also looking to establish cooling towers for these plants through its subsidiary, John Cockerill Hamon. Read this | India’s nuclear energy ambitions: Aiming for 100 GW by 2047 “We have a strong presence in nuclear,” Michel said. “Historically, in Belgium, we built the core of nuclear reactors…assembled in our facilities. We are also one of the large critical suppliers of EDF in France for large reactors, so we have a big business of maintenance services for nuclear reactors…we retain core expertise to maintain them, and also for critical parts…

A 900 credit score is epitome of financial discipline. But can we achieve it and does it make a significant financial impact from almost perfect? Let’s strip out the myths from reality.What is a 900 credit score?Indian credit scores range between 300 and 900, of which 900 is issued by credit bureaus like CRIF High Mark, TransUnion CIBIL, Experian and Equifax. 900 indicates flawless financial conduct, timely payment, minimum utilisation of credit, and balanced credit utilisation ratio. It is nearly impossible to have a credit score of 900.Still, though improbable, it is entirely possible to have a very high score.…

Mahindra Group Chairman Anand Mahindra praised Vantara, an animal care centre led by Anant Ambani. “Having visited Vantara myself, I echo the sentiments of PM@narendramodi; the level of care and expertise that Anant Ambani has put together at Vantara is truly impressive and cutting-edge. It is heartening to see animals that have experienced such misfortune find a safe and nurturing home,” Mahindra said. Source link

A polar vortex collapse is set to strike in mid-March, bringing severe winter weather and major travel disruptions across the US and Canada. The intense cold could also reach the UK and Europe, raising concerns across the region.This will be the second polar vortex collapse of 2025, following an earlier event that caused freezing conditions and transport chaos across North America.What is polar vortex collapse?A polar vortex collapse occurs when the strong, cold winds that normally circulate around the Arctic or Antarctic weaken and break apart, allowing frigid air to spill southward into lower latitudes.This can lead to extreme winter…

At Nasscom’s flagship event in Mumbai last week, Infosys Ltd chief executive Salil Parekh and Cognizant Technology Solutions Corp CEO S. Ravi Kumar greeted each other pleasantly. But behind this show of cordiality, their companies have been trading blows in a Dallas court.After Cognizant alleged that Infosys stole trade secrets related to TriZetto, its healthcare software, Infosys said in the Dallas court last week that Cognizant had not clearly listed the allegedly stolen trade secrets. Infosys, which has denied the allegations, informed the court on 28 February that Cognizant’s mention of broad categories of trade secrets did not qualify as specific…

Oyo Rooms founder and CEO Ritesh Agarwal shared his fajourney of becoming a millionaire, advising aspiring entrepreneurs to savour the little details of the journey that leads them up to their destination.In the inaugural episode of his podcast ‘How to Become a Millionaire’, Agarwal said he often gets asked how to earn more money and be a millionaire.“When I started my own company, I used to think like you. And in my opinion, why should we not think? All these are valid questions. If we do not think big, how will we achieve anything,” he said.Agarwal however suggested one thing…