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The exchange said in a statement that investors are cautioned and advised not to subscribe to any such scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law.

It said that persons named Shivam Sharma and Rakesh Jain, operating through mobile numbers 9258085512, and 8171470164, and Hiren and Sunil, associated with “Sparsh Consultancy” operating through Instagram user ID “Tradedabba”, application named “Trade Vista” and mobile number 9285324929 and 7357901400, are "providing stocks tips and dabba/illegal trading platform with assured returns".

"It may also be noted that the said person/entity is not registered either as a member or authorised person of any registered member of the National Stock Exchange of India Limited," the NSE said.

Under Section 23(1) of the Securities Contracts (Regulation) Act, 1956 (SCRA), any entity/person who contravenes Sections 13,16,17 or 19 of the SCRA shall be prosecuted and on conviction, he shall be punishable with imprisonment for a term which may extend to ten years or with fine up to Rs 25 crore or with both, it added.

The stock exchange also advised investors not to trade on such illegal trading platforms.

--IANS

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The South African team is making its first-ever appearance in the final of an ICC tournament whereas India will be hoping to look past the ghosts of the last ten years and hopefully win their first-ever trophy. Many have labelled the South African team as ‘chokers’ for their previous inability to make the finals of the tournament whereas Indian fans have also had experience with the word given their loss against Australia in the 2023 ODI World Cup.

In an exclusive conversation with IANS, 1983 World Cup-winning all-rounder Kirti Azad has stated what India’s game plan needs to be like in the final.

“It is very difficult to talk about South Africa as it is their first time in the final of any ICC tournament. They were even called ‘chokers’ as they used to always choke in the semi-finals which is why it will be difficult to predict, to say how they will perform in the final. But yes they will give it their best to win and India have to be careful to not get too complacent and we don’t end up choking the game. The hope will be that we put up a good score," he said.

"As we saw the pitches last time out in the semifinals, the ball was not bouncing too much and staying low. We will have to be careful and give them a good target. South Africa ko choke karaana hoga (We will have to get South Africa to choke),” Azad told IANS.

The Indian bowling attack has been brilliant from the very first game with Axar Patel and Jasprit Bumrah having been the stars of the tournament. Their stellar performances were in the spotlight in the semi-finals as they restricted the English batsman from chasing the 171-run target and bundled their opponents out for 103. Axar Patel and Kuldeep Yadav picked up three wickets each whereas Bumrah added two wickets to his name.

Rohit Sharma is also a very important player for the side as the Indian skipper has scored 248 runs for his team throughout the tournament making him the third-highest run-getter in this edition.

“I had full belief that the way the Indian team is, we will perform well and win the World Cup. The performance by all players have been top-notch, especially the bowlers in the likes of Jasprit Bumrah, Arshdeep Singh, Kuldeep Yadav and Axar Patel have been bowling well. India’s bowling attack is second to none. The biggest plus point for our side is the way Rohit is batting,” added the 1983 World Cup winner.

Rohit Sharma was named the captain of the Indian national team in 2022. Since his appointment, he has lost the 2022 T20 WC semi-finals, the 2023 WTC finals and the 2023 ODI World Cup final. The 34-year-old will be hoping to end his bad luck in the final and hopefully lead India to their second T20 World Cup trophy.

“All captains have performed well. If you look at Virat Kohli’s captaincy, India won a lot of series during his tenure that they had not won before. Every captain has his own style, Rohit is the captain currently and he is doing well so I wish him all the best and hope they win the final,” concluded the former all-rounder.

--IANS

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As per  the IEEFA report, the peak power demand in the national capital increased by 711 megawatts (MW) on the hottest and most humid days, by 506 MW on cold and dry days, but only by 188 MW on days when the temperature and humidity were moderate. 

The analysis used wet-bulb temperature (WBT) -- a measure of both heat and humidity -- as yardstick.

On hot and humid days, when the WBT was 32.5 degrees Celsius, the year-on-year peak demand increase was 3.8 times greater than what it was on moderate days (17.5 degrees WBT), and on cold, dry days (7.5 degrees WBT), it was 2.7 times higher.

The report also highlights a marked increase in the number of very hot and humid days (using 30 degrees WBT as a threshold).

In the analysis, there were 24 such hot and humid days in 2022-23, which jumped to 40 days in the 12-month period just completed. WBTs above 35 degrees have been considered impossible to survive in for more than a few hours.

“Temperature levels which directly threaten human health have been surpassed far more often in this year’s heatwave. Cooling on such days is no luxury, it is life-saving, and reliably meeting electricity demand is of utmost importance,” said the report's author, Charles Worringham, guest contributor, IEEFA.

Given that heatwaves may soon become the norm, the burden of power generation cannot be borne solely by thermal plants, which are operating closer to full capacity than in recent years.

Worringham emphasised that moderating the rate of growth in power demand is also an urgent goal. This includes prioritising challenging yet vital programmes at the central and state levels to improve energy efficiency for buildings, as well as encouraging demand-side management initiatives through flexible tariffs and other incentives to curb the rise in peak demand.

--IANS