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Monday, May 2, 2022

Unrelenting heat pushes April power demand to record high

Electricity demand touched a record high in April as its northern states reeled under the hottest pre-summer months in decades, with a surge in the use of air conditioning triggering the worst power crisis in more than six years.

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Loan-related complaints up 43% in FY24, says RBI report

Consumer complaints related to loans and advances rose 43%, representing 29% of the total grievances against RBI-regulated entities in FY24,...