Business
Grid shift: Power minister Manohar Lal Khattar urges DISCOMs to speed up smart distribution; AI-led, consumer-centric systems pitched – The Times of India
India’s power distribution companies need to move faster towards intelligent, reliable and consumer-focused networks, with technology adoption paired with greater consumer engagement, Power Minister Manohar Lal Khattar said on Sunday.Addressing a two-day National Conference on the use of artificial intelligence and machine learning in the power distribution sector at Bharat Mandapam in New Delhi, Khattar urged DISCOMs to work closely with ecosystem stakeholders to accelerate the transition to smart distribution systems, according to ANI.The minister said active engagement with consumers was critical, stressing the need to address misinformation around new technologies and secure public support for their adoption. He also lauded the participation of industry, states, innovators, academia and technology partners at the conference.Khattar appreciated the AI and ML-based solutions showcased by distribution companies, advanced metering infrastructure service providers, technology solution providers and home automation solution providers, noting their potential to transform both consumer experience and operational efficiency.He highlighted applications such as smart meter analytics, digital twins, predictive maintenance, theft detection intelligence, appliance-level consumer insights, automated outage prediction and GenAI-based decision support as key enablers of intelligent, self-optimising and consumer-centric distribution networks.According to the minister, AI and ML solutions can restore consumer trust, help households manage consumption, prevent outages, protect honest consumers from theft-related costs, and enable DISCOMs to reduce losses, optimise power purchase costs and reinvest in infrastructure—positioning India as a global leader in digital electricity reform and future-ready grid governance.Speaking at the conference, Power Secretary Pankaj Agarwal said the ministry remained committed to deepening digitalisation across DISCOMs and promoting AI and ML adoption that delivers measurable operational and financial gains.Agarwal stressed the importance of capacity building, secure data-sharing frameworks and interoperability to ensure solutions demonstrated at the conference can be scaled nationwide to support India’s energy transition.
Business
Gold prices soar in Pakistan – SUCH TV
The per-tola price of 24-karat gold increased by Rs16,300 on Tuesday and was sold at Rs464,062 against its sale at Rs447,762 the previous day, All Pakistan Sarafa Gems and Jewellers Association reported.
The price of 10 grams of 24-karat gold also increased by Rs13,975 to Rs397,858 from Rs383,883 whereas the price of 10 grams of 22-karat gold went up to Rs364,716 from Rs351,905, showing an increase of Rs12,811.
The rates of per-tola silver increased by Rs570 to Rs7,454 whereas that of 10 grams silver went up by Rs489 to Rs6,390.
The price of gold in the international market increased by $163 to $4,413 from $4,250 whereas that of silver rose by $5.70 to $69.70, the Association reported.
Business
Mortgage rate rises ‘coming thick and fast’
More than 200 deals have disappeared from the market since 6 March, with more upheaval expected for borrowers.
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Business
Oil back above $100 as conflicting claims emerge on US-Iran talks
Global energy prices plunged on Monday after Trump said he had postponed strikes on Iranian power plants.
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