Day: 6 December 2024

Indian Coast Guard rescues lives of 12 distressed sailors in North Arabian Sea

Vijay Raman

In a remarkable display of international cooperation and maritime solidarity, the Indian Coast Guard successfully rescued twelve distressed seafarers in the North Arabian Sea. This operation, executed in collaboration with the Pakistan Maritime Security Agency, underscores the importance of diplomatic relations and collective action in addressing maritime emergencies. The incident unfolded when the distressed seafarers, who were aboard a fishing vessel, encountered severe mechanical failures amidst challenging sea conditions. Their plight was communicated to both Indian and Pakistani maritime authorities, prompting a swift and coordinated response. The Indian Coast Guard,…

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FPT Industrial, FPT INDUSTRIAL AND AS LABRUNA CHOSEN BY WIDER FOR ITS REVOLUTIONARY HYBRID CATAMARAN WIDERCAT 92

Vijay Raman

FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of low-environmental impact powertrains, along with its distributor AS Labruna, have been chosen by the Wider shipyard as preferred powertrain suppliers for the new WiderCat 92 hybrid catamaran, whose third hull was recently launched at the Wider Vision Hub in Fano, Italy.   Two FPT Industrial N67 570 EVO 349 kW variable-speed engines are combined with twin electric motors – each delivering 500 kW – in an innovative serial hybrid propulsion system, completed with an LFP (Lithium Iron Phosphate)…

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RBI Monetary Policy – Repo Rate at Status Quo

Vijay Raman

Anuj Puri, Chairman – ANAROCK Group:   Considering the recent slowdown in economic growth momentum and inflation going up, RBI decided to keep the repo rates unchanged at 6.5% for the eleventh consecutive time.   To address the liquidity woes, it decided to slash the cash reserve ratio (CRR) to 4%. This cut in CRR is positive for the Indian real estate sector, as banks will have higher lending capacity. This directly supports developers to borrow more for development.   A repo cut in repo rate would have helped boost…

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Emerging Haptic Actuators to Disrupt the Market, Says IDTechEx

Vijay Raman

Author: Sam Dale, Senior Technology Analyst at IDTechEx   Haptic feedback adds the dimension of touch to electronic devices. Most people will be familiar with haptic tech through their smartphone’s vibrate mode and rumble feedback in game controllers, but applications reach further. Haptics can improve safety in vehicles by tactile confirmation of virtual buttons being pressed, help make laptops thinner by removing the need for physical buttons from trackpads, and much more.   Haptics might fly under the radar, but they form a major industry that offers serious user experience benefits…

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Car subscriptions could be the catalyst for greener mobility in Europe

Vijay Raman

Europe’s recent uptick in electric vehicle sales hasn’t been enough to reverse a year in decline. According to international car experts, car subscription models hold significant untapped potential that could advance Europe’s green mobility.   Electric vehicle sales in Europe increased in October with a total of 124,907 new EVs being registered, representing an uptick of around 2% compared to the same month the year before. However, the small gain isn’t enough to turn around this year’s negative trend, as year-to-date EV sales are still 5% lower than last year,…

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