Copper wiring is key to prevent electrical fires
With increasing urbanisation, the spectre of electrical fires looms large, posing a grave threat to public safety. During July to December 2023, 112 fire incidents were reported across India, resulting in 131 fatalities and 164 injuries, according to Building Safety Fire Tracker by the International Copper Association India.

Buy gold in a staggered manner
As gold prices have hit a record high of Rs 73,000 per 10 grams this week, retail investors should bet on the metal in a staggered manner. The metal has emerged as the best performing asset class this year and will continue to attract investment as a hedge against rising geopolitical uncertainty, say experts.

Hindustan Zinc ventures into exploration for critical and offshore minerals, establishes subsidiary
New Delhi: Vedanta-owned Hindustan Zinc, the third largest silver maker globally and among the major zinc makers in India, is planning to explore, discover and develop mineral blocks, especially critical, deep-seated, and offshore ones. It will also participate in an auction of critical mineral blocks here.

Offer-for-sale for Hindustan Zinc likely in three months, says CEO
An offer-for-sale announcement for Hindustan Zinc is likely from the government within three months, said chief executive officer Arun Misra.

A caution for India as Iran's one action can shoot up oil and LNG prices
Oil and LNG prices are expected to increase significantly if Iran decides to block the Strait of Hormuz, through which countries such as India import crude oil from Saudi Arabia, Iraq and UAE, resulting in a surge in inflation, analysts said on the Iran-Israel conflict.

India will be able navigate even if global tensions increase: Hardeep Puri
As India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri is responsible for ensuring a steady flow of oil imports - 88 per cent of India's requirement. In an interview, Puri, who is also the Housing and Urban Affairs minister, tells Aditi Phadnis how he plans to manage the country’s oil economy if the conflict in West Asia escalates and why the BJP should stay out of an alliance in Punjab. Edited excerpts:

Sterling & Wilson Renewable Energy reports ₹1.40 crore net profit in Q4
Sterling & Wilson Renewable Energy Limited (SWREL) has posted a net profit of ₹1.40 crore during the quarter ended March 2024 on account of increased income. It had reported a net loss of ₹421.11 crore in the January-March period of preceding 2022-23 financial year, the company said in an exchange filing on Saturday. For the whole of FY24, the company reported a narrowing of its net loss to ₹210.79 crore from ₹1,174.96 crore net loss recorded in FY23.

New RE park scheme may provide subsidies for floating solar projects
New Delhi: Floating solar projects—panels installed on water bodies such as lakes, reservoirs and ponds—may get a boost as the government is looking to bring them under a new renewable energy (RE) park scheme and give them subsidies, two people aware of the development said.