Oil prices rose about 3 percent on Friday on upbeat U.S. jobs data and signs that U.S. sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed U.S. drillers cut the number of oil rigs. Brent crude oil futures rose $1.91 a barrel, or 3.14 percent, to settle at $62.75 […]
Day: February 2, 2019
J&K highway remains closed for second day
The Jammu-Srinagar national highway, the only all- weather surface link between Kashmir and the rest of the country, has been closed for vehicular traffic for the second consecutive day on Friday due to fresh snowfall and landslides, officials said.
Seventh CNG station in city commences operations
The city’s seventh Compressed Natural Gas filling station was inaugurated at Sarjapur Road, Agara, Outer Ring Road, on Friday.
Uppur power project on fast track
Put on the fast track, works in the 2×800 MW Uppur supercritical thermal power plant has gained momentum with Bharat Heavy Electricals Limited (BHEL) completing more than 50% of piling works and Tamil Nadu generation and distribution corporation (Tangedco) opening its site office for close coordination.
12 cases of energy theft detected in Chidambaram
Twelve cases of energy theft were detected in and around Chidambaram area of Cuddalore Electricity Distribution Circle during a raid conducted by the enforcement staff of Tangedco on Friday.
Two IAF pilots killed in crash at HAL airport
Two squadron leaders of the Indian Air Force (IAF) were killed when their fighter aircraft crashed during take-off at the Hindustan Aeronautics Limited (HAL) airport in Bengaluru on Friday morning. The aircraft, an upgraded twin-seater Mirage 2000, was on a customer acceptance flight at HAL airport, a statement from HAL said. The incident comes days […]
BIAL, IndiGo ink deal for maintenance at KIA
The Kempegowda International Airport will have an aircraft Maintenance, Repair and Overhaul (MRO) facility in its premises by March 2020. Bangalore International Airport Limited (BIAL) has inked a deal with InterGlobe Aviation Ltd, operator of the domestic carrier, IndiGo.
Jet Airways accepts Etihad’s bailout plan
Naresh Goyal-controlled Jet Airways has agreed with most of the conditions set by its partner Etihad for offering a lifeline to the debt-laden domestic carrier, according to a report in Business Standard.
Rs 2600 cr to service Air India debt
Finance Minister Piyush Goyal on Friday doubled allocation for a special purpose vehicle Air India Asset Holding Limited (AIAHL) set up to service Air India’s debt to Rs 2600 crore.
Public desperately tried to save pilots of crashed jet
Following the crash of the Indian Air Force aircraft at the HAL airport near Yemalur, the public broke the wall at the crash site and tried saving the injured pilots.
Mirage crashes at HAL Airport, two pilots dead
A Mirage 2000 fighter aircraft on a test sortie crashed at the HAL Airport here on Friday morning, killing both the pilots. The pilots had ejected out but the parachutes caught fire, causing them fatal burns.
Pilots die as plane crashes at Bengaluru’s HAL Airport
A Mirage 2000 fighter aircraft on a test sortie crashed at the HAL Airport here on Friday morning, killing both the pilots. The pilots had ejected out but the parachutes caught fire, causing them fatal burns.