Corrosion-tackling measures could boost India’s GDP by 1.5 pc

IANS | August 3, 2026 4:25 PM

New Delhi, Aug 3 (IANS) India loses an estimated 4.3 per cent of GDP each year to corrosion — around Rs 14.1 trillion — and adopting stronger corrosion‑management practices could improve GDP by around 1.5 per cent, or Rs 5 trillion, a report said on Monday.

Free utility services come at a hidden cost: CEA Nageswaran

IANS | August 3, 2026 4:08 PM

New Delhi, Aug 3 (IANS) Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday cautioned against the growing reliance on 'free services' in public policy, arguing that below-cost pricing of utilities and infrastructure ultimately weakens economic balance sheets and undermines long-term development.

Essar celebrates 15 years of Stanlow ownership

IANS | August 3, 2026 3:27 PM

Stanlow (UK), Aug 3 (IANS) Essar Group (Essar) this week celebrates 15 years of ownership and stewardship of the Stanlow Manufacturing Complex, one of Europe's most advanced refining assets.

Centre proposes smart safety system for vehicles to prevent collisions

IANS | August 3, 2026 2:32 PM

New Delhi, Aug 3 (IANS) In a move aimed at enhancing road safety and advancing connected mobility in India, the Ministry of Road Transport and Highways (MoRTH) on Monday proposed the phased implementation of Vehicle-to-Vehicle (V2V) communication systems in motor vehicles.