Supply data are as of October 25, 2024; retail prices are as of October 28, 2024. ...

Supply data are as of November 1, 2024; retail prices are as of November 4, 2024. ...

The U.S. Energy Information Administration (EIA) expects solar electric generation will account for 7% of total U.S. electricity generation in 2025, up from 4% in 2023, according to its January Short-Term Energy Outlook (STEO). Developers have reported that almost 80 gigawatts of solar power will come online over the next two years, increasing U.S. solar generating capacity by 84% and making solar the leading source of growth in U.S. electricity generation through 2025.

The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022. In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30% higher than average at the end of the winter season following relatively low winter demand.

The U.S. Energy Information Administration (EIA) expects electricity generation will grow by about 3% in 2024 and 1% in 2025. Renewable energy sources—chiefly solar—will supply most of that growth.

The U.S. Energy Information Administration (EIA) expects crude oil production in the Permian Basin to average about 6.3 million barrels per day in 2024, an increase of nearly 8% from 2023. The Permian Basin accounts for nearly half of U.S. crude oil production, and EIA expects increased production in the Permian and other regions will drive U.S. oil production to successive records in 2024 and 2025.

The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and natural gas prices increase.

The U.S. Energy Information Administration (EIA) expects that U.S. residential electricity prices will increase by about 1% in 2024, the slowest rate of year-over-year growth since 2020. Natural gas prices have been falling since late 2023, and those lower prices are now being factored into retail electricity rates. Natural gas provides the largest share of U.S. electricity generation.

The U.S. Energy Information Administration (EIA) expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on September 6. In its September Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $82 per barrel in the fourth quarter of the year.

The U.S. Energy Information Administration (EIA) expects most U.S. households, on average, will pay about the same to heat their homes as they did last winter. A notable exception is that EIA expects Midwestern homes heated by natural gas will pay about 11% more on average for heat than last winter.

U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million metric tons (MMmt) in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau. The rapid expansion of U.S. ethane and ethane-based petrochemical exports has been fueled by the growth in domestic ethane production, which has increased with the country's natural gas production and the buildout of export and production infrastructure.

Roblox has picked up a key hire to help grow its ecosystem of user-generated content for the metaverse. Nick Tornow is joining the company as VP of Engineering for its developer team, leaving his former post as Twitter Platform Lead. Tornow also spent a decade at Zynga and served as the company’s CTO from 2013 […]

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Hey all. Welcome back to Week in Review, the newsletter where we recap some of the top stories to cross TC’s front page over the last 7 days. The most read story on our site this week was about Flowcarbon — a new company and “blockchain-based redemption story” (as Anita put it) launched by WeWork […]

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Penguin Random House, the trade publisher, is adding language to the copyright pages of its books to prohibit the use of those books to train AI. The Bookseller reports that new books and reprints of older titles from the publisher will now include the statement, “No part of this book may be used or reproduced […]

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Mira Murati, the OpenAI CTO who announced her departure last month, is raising VC funding for a new AI startup, according to Reuters. This startup will reportedly focus on building AI products based on proprietary models and could raise more than $100 million in this round. When she left, Murati wrote on X that OpenAI […]

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As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that nontechnical team members can “actually have a much deeper understanding than an average engineer on […]

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AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to The Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ […]

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Software engineers, developers, and academic researchers have serious concerns about transcriptions from OpenAI’s Whisper, according to a report in the Associated Press. While there’s been no shortage of discussion around generative AI’s tendency to hallucinate — basically, to make stuff up — it’s a bit surprising that this is an issue in transcription, where you’d […]

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OpenAI’s next flagship model might not represent as big a leap forward as its predecessors, according to a new report in The Information. Employees who tested the new model, code-named Orion, reportedly found that even though its performance exceeds OpenAI’s existing models, there was less improvement than they’d seen in the jump from GPT-3 to […]

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The company captures real-time customer behavior so companies can see who is genuine, and who is fraudulent, and identify the root cause of customer friction.

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UNest, a fintech startup that provides financial planning tools for parents saving on behalf of their children, announced today that it raised $26 million in Series B funding led by The Artemis Fund. Existing investor Northwestern Mutual Future Ventures participated alongside new investors including Franklin Templeton, Launchpad Capital, AltaIR Capital, OneWay Ventures, Unlock Venture Partners […]

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The NFT auction marketplace OpenSea had a blockbuster 2021 and as a result is seeing its private valuation grow more quickly than almost any other startup. The crypto firm announced late Tuesday that it closed a $300 million Series C round led by Paradigm and Coatue. The raise valued the startup at a massive $13.3 […]

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How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

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Yahoo is laying off 20% of its staff, impacting 1,600 employees in its ad tech business. Yahoo is the parent company to TechCrunch. Employees were notified on Thursday that 12% of the company (1,000 employees) would be laid off before the end of the day. In six months, another 8% — or 600 people — […]

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Yahoo, otherwise known as the company that pays my salary (full disclosure: Yahoo owns TC), today announced that it’s spinning off Vespa, the big data serving engine, into an independent venture. Jon Bratseth, previously a VP architect in the big data and AI group at Yahoo and one of the main contributors to Vespa, has […]

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is Equity Monday, our short-form week-starter in which we go over the weekend, look to the week ahead, talk about some neat funding rounds and dig into what is stuck on our minds. So, by section then: […]

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Weezy — an on-demand supermarket that delivers groceries in as fast as 15 minutes — has raised $20 million in a Series A funding led by New York-based venture capital fund Left Lane Capital. Also participating were U.K.-based fund DN Capital, earlier investors Heartcore Capital and angel investors, notably Chris Muhr, the Groupon founder. Although […]

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A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be supporting Ukrainians at home and abroad, delivering humanitarian aid, and aiming to rebuild the tech and broader infrastructure of Ukraine by SMEs and startups on […]

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Raising venture capital is rarely an easy lift for startups, but 2022 is turning out to be a more challenging year than we’ve seen for some time. As venture capital continues its slowdown after an aggressive 2020 and record-breaking 2021, it’s clear that early-stage founders looking for their first dollars will require a new approach. […]

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PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.

Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today.

Providing every primary school in the country with access to at least one specialist science, technology, engineering and mathematics (STEM) teacher could be possible if teachers are incentivised to acquire STEM specialisations and collaboration between schools is prioritised.

Since it was founded in 2015, Cato Networks has evangelized the concept of a Secure Access Service Edge (SASE) platform that combines many of the features of software-defined networking, modern network security tools, and endpoint protection into a single service backed by a global private network. The promise here is that instead of managing dozens […]

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Early is a Tel Aviv-based startup that uses generative AI to generate unit tests, helping programmers catch potential bugs early in the development cycle. The company, which launched in August, today announced that it has raised a $5 million seed funding round led by Zeev Ventures, with participation from Dynamic Loop Capital. In its current […]

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Creating engaging videos isn’t only about the visuals. So much of the appeal of good video content is about the audio, but finding (or maybe even creating) the right audio effects can be a time-consuming process. At its annual MAX conference, Adobe is showing off Project Super Sonic, an experimental prototype demo that shows how […]

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Stacklok, the open source software supply chain company founded by Kubernetes co-creator Craig McLuckie and Sigstore creator Luke Hinds, is donating Minder, one of its key projects, to the Open Source Security Foundation (OpenSSF). Minder helps development teams set up a system of proactive checks and policies to minimize supply chain risks by enforcing best […]

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Symbiotic Security, which is announcing a $3 million seed round today, watches over developers as they code and points out potential security issues in real time. Other companies do this, but Symbiotic also emphasizes the next step: teaching developers to avoid these bugs in the first place. Ideally, this means developers will fix security bugs […]

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Solar energy is booming, which is good news for Glint Solar. The Norwegian software-as-a-service (SaaS) startup has built a platform that’s helping energy giants and large solar developers such as E.ON, Recurrent Energy, and Statkraft cut the time it takes to plan and pre-design solar installations to accelerate the transition to renewables. Glint’s software pulls in […]

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Qwant, France’s privacy-focused search engine, and Ecosia, a Berlin-based not-for-profit search engine that uses ad revenue to fund tree planting and other climate-focused initiatives, are joining forces on a joint venture to develop their own European search index. The pair hopes this move will help drive innovation in their respective search engines — including and […]

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Meta, under legal pressure in the European Union over a binary “pay us or consent to ad tracking” choice it currently offers regional users of its social networks Facebook and Instagram, is changing how its regional ad business works again. Little wonder when compliance failure in this context risks fines of up to 10% of […]

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WIN Home Inspection is a cost-effective franchise opportunity that requires no storefront and no inventory to build a thriving business and achieve your personal and professional goals.

1. Khushi Kapoor reacts to her rumoured relationship with Vedang Raina: 'It’s best to keep your personal lif  TOI Etimes
2. Khushi Kapoor opens up about her dating life amid romance rumours with Vedang Raina: ‘I understand the curiosity…’  Hindustan Times
3. Khushi Kapoor Confirms Dating Vedang Raina By Wearing Bracelet With His Name? See Here  News18
4. Khushi Kapoor’s bracelet spells out rumoured boyfriend Vedang Raina’s name, netizens ask, ‘Official finally?’  The Indian Express
5. Khushi Kapoor on public scrutiny of her dating life: Let work be the priority  India Today

1. Oppo Find X8, Oppo Find X8 Pro India Launch Date Announced: What We Can Expect  News18
2. OPPO’s Find X8 Series Pushes Smartphone Photography | OPPO India  OPPO
3. Oppo Find X8 Pro vs Vivo X200 Pro: 13 differences to help you choose your next flagship  The Financial Express
4. OPPO Find X8 Series And ColorOS 15 India Launch Date Confirmed; Check Expected Specs  Zee News
5. Oppo Find X8 unboxing - GSMArena.com news  GSMArena.com

1. Mercedes Benz AMG C63 S E Performance Sedan Launched In India At Rs. 1.95 Crore  CarToq.com
2. Mercedes-AMG C 63 S E Performance Launched At Rs 1.95 Crore  NDTV
3. Top News of Nov 12: Market crash; Air India-Vistara merger; Nykaa Q2 results; CISF first-ever all-women battalion; more  Mint
4. Mercedes-AMG C63 SE Performance launched with world's most powerful 4-cylinder engine!  The Times of India
5. Mercedes AMG C63S E Performance Launch Price Rs 1.95 Cr - 680bhp, 1020Nm, 0-100 3.4s  RushLane

1. NTPC Green Energy IPO: Price band set at ₹102-108 per share; check issue details, key dates, more | Stock Market News  Mint
2. NTPC Green fixes Rs 102-108 price band for Rs 10,000 crore IPO. Check GMP, other details  The Economic Times
3. NTPC Green Energy fixes dates, price band for ₹10,000 crore IPO — More details here  CNBCTV18
4. NTPC Green Sets Price Band For Indias Third Largest IPO This Year  NDTV Profit
5. NTPC Green Energy IPO: Check price band, shareholders quota, latest GMP & more  Business Today

1. Trump nominates Army veteran and Fox News host Pete Hegseth for defence secretary  The Hindu
2. Trump Tracker: Fox News Anchor Nominated To Lead Pentagon  NDTV
3. Trump's defense choice stuns the Pentagon, raises questions about the Fox News host's experience  Hindustan Times
4. Trump appoints television host, army veteran Pete Hegseth as his Defense Secretary  The Times of India
5. US hostage families urge Biden-Trump cooperation to reach deal before inauguration  The Times of Israel

1. EC denies ‘selective’ frisking, says Uddhav’s bags checked as per SoP  The Times of India
2. Amid Uddhav Thackeray Bag Check Row, BJP Shares A Devendra Fadnavis Video  NDTV
3. Maharashtra Assembly elections: Nitin Gadkari's chopper checked by poll officials amid Uddhav Thackeray bag row  India Today
4. India News Live Today November 13, 2024: Supreme Court on bulldozer action: ‘No demolition without following guidelines, 15-day notice’  Hindustan Times
5. 'How much lower?': Sena UBT fumes as poll body officials check Uddhav Thackeray’s bags again  The Times of India

1. Vivek Ramaswamy’s special message to Elon Musk after Donald Trump's 'DOGE' announcement  Hindustan Times
2. Trump’s 'Manhattan Project' of government reform: Musk and Ramaswamy to lead efficiency crusade  The Times of India
3. Donald Trump picks Elon Musk, Vivek Ramaswamy to lead newly formed Department of Government Efficiency (DOGE)  The Hindu
4. Elon Musk, Vivek Ramaswamy to lead DOGE to clean up US bureaucracy: Trump  India Today
5. Vivek Ramaswamy trends on Google after Trump nominates him to lead efficiency department  The Indian Express

1. Swiggy Share Price Live Updates: Stock makes a positive debut, opens with 7.69% premium at ₹420 on NSE; check GMP | Stock Market News  Mint
2. Swiggy shares list at 8% premium over IPO price  The Economic Times
3. ‘You and I…’: Zomato welcomes Swiggy on Dalal Street after stock market listing  India Today
4. Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance at IPO listing ceremony  Hindustan Times
5. Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut  Mint

1. By way of the present the Assessee has challenged the order, dated 28/12/2023, National Faceless Appeal Centre (NFAC), New Delhi, [hereinafter referred to as the 'CIT(A)'] whereby the Ld. CIT(A) had dismissed the appeal preferred by the Assessee against the Assessment Order, dated 25/12/2019, passed under Section 144 read with Section 147 of the Income Tax Act, 1961 [hereinafter referred to as 'the Act'] for the Assessment Year 2016-2017.

2. The Appellant has raised following grounds of appeal :

ITA No.3577/Mum/2024

A.Y.2017-2018 "1. On the facts and in the circumstances of the case and in law the Income Tax Officer was not justified in disallowing the bonafide claim of deduction u/s 80P12 of the Income Tax Act, 1961 and the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Center (NPAC) in dismissing the appeal as infructuous and not deciding the appeal on merit as per the Grounds of Appeal