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US Supreme Court again rejects Trump’s bid to overturn $5mn E Jean Carroll verdict

The US Supreme Court again rejected Donald Trump’s attempt to overturn a civil verdict. A jury had previously found him liable for sexual abuse and defamation against E. Jean Carroll. This decision leaves a $5 million judgment in place, which Trump has now paid. Another separate $83.3 million verdict against Trump is still pending before

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CEA bats for E10 fuel; not feasibile, say officials

Officials were taken aback by the Chief Economic Adviser’s comments regarding the availability of E10 fuel, which could spark a shift towards lower ethanol blends. Nonetheless, the government is not currently considering the introduction of E10 at fuel stations. Logistical challenges and the necessary infrastructure for managing E10 are cited by officials, who also point

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US grid operator’s ‘shutdown proposal’ highlights data centre-power grid tensions

PJM Interconnection proposes data centers switch to backup generators during grid emergencies. This plan aims to protect residential consumers from rising power costs and potential blackouts. Utilities would curtail data center demand before residential power is affected. PJM seeks to establish a registry for monitoring large electricity users. The rapid growth of data facilities creates

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Business

Crude prices cross $90 as ceasefire hopes dim, Hormuz disruption weighs on supply

Oil prices climbed Tuesday as Middle East war concerns persisted. Iran signaled a more offensive military approach, and the US rejected extending the ceasefire. Shipping through the Strait of Hormuz significantly decreased following recent attacks. Tensions also escalated in the Red Sea with Houthi missile attacks. Crude oil inventories in the US are expected to

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Supreme Court bars CBI, ED from filing report on Rahul Gandhi’s assets

The Supreme Court has stopped agencies from filing probe reports on Rahul Gandhi’s assets. Agencies were directed by the Allahabad High Court to investigate allegations of illegal wealth. Senior advocate Kapil Sibal argued the High Court order was unknown to law. The Supreme Court issued notices and requested the High Court to defer its hearing.

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