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AC firms may switch to new settings...

June 16, 2025

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Financial Express Kochi

The market for ACs is estimated to be around 14-15 million units, growing at about 15-20% per annum

"THE REMOTE FIRMWARE will need to be changed, which is not difficult to do. The industry will not have a problem implementing it," he said. Some companies feel the move to standardize AC temperatures is a step towards sustainable cooling. "It aligns with the government's broader energy efficiency goals," Voltas MD Designate Mukundan Menon said.

At a press briefing last week, Union power minister Manohar Lal Khattar said that air conditioners used about 50 gigawatts of electricity or 20% of the country's total electricity demand, prompting the move to set a minimum temperature level. He said that raising the temperature by even one degree Celsius could cut power usage by up to 6%, which was significant.

المزيد من القصص من Financial Express Kochi

Financial Express Kochi

IMF directors urge India to replenish fiscal buffers

WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.

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November 27, 2025

Financial Express Kochi

Change mindset for manufacturing push: Godrej

WE ARE LOOKING TO LIMIT PRICE INCREASES TO ABOUT 5-7% POST NEW BEE NORMS

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November 27, 2025

Financial Express Kochi

Google Cloud sees govt tie-ups rise

· Cybersecurity threats & DPDP compliance fuel demand surge

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November 27, 2025

Financial Express Kochi

When humans & Al create value together

WE'RE AT AN inflection point.

time to read

1 mins

November 27, 2025

Financial Express Kochi

SBI’s NIM target of 3% safe even if RBI cuts rate: Setty

STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.

time to read

1 mins

November 27, 2025

Financial Express Kochi

US-Russia talks gain momentum

A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.

time to read

1 min

November 27, 2025

Financial Express Kochi

UK cuts tax-free allowance for cash savings

BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.

time to read

1 mins

November 27, 2025

Financial Express Kochi

Reliance JV to build AI data centre

THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.

time to read

1 min

November 27, 2025

Financial Express Kochi

Indices near all-time high as bears go into hiding

· DIIs pump in ₹7 lakh crore, highest in a year

time to read

1 mins

November 27, 2025

Financial Express Kochi

When tax meets technology

Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place

time to read

3 mins

November 27, 2025

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