The Reserve Bank of India’s circular of February 12, 2018 is under attack. The circular directs all the lenders to “identify incipient stress in loan accounts, immediately on default, by classifying stressed assets as special mention accounts (SMA)
On 30.07.2018, the finance ministry issued a circular levying safeguard duty of 25 per cent to 15 per cent, over a period of two years, for imports of solar cells, assembled in panel or not assembled from China and Malaysia.
India’s thermal coal imports rose by 8 pc and coking coal imports by about 13 per cent for FY 2017-18.
CIL said it produced 177.43 mn tonnes of coal in the first four months of the ongoing fiscal, registering a growth of 14 pc. It had produced 155.53 mn tonnes (MT) of coal in the year-ago period. In July CIL produced 40.56 MT coal, against 36.69 a year ago. CIL accounts for over 80 pc…
CIL’s profit after tax in the 4th quarter of FY 2017-18 has declined by 52 per cent to Rs 1,295 crore as against Rs 2,719 crores in the corresponding 4th quarter of FY 2016-17. The major reason for dip in net profit was on account of impact of past service cost of Rs 7,384 crores…
Under off-grid and decentralized Solar PV Applications Programme, the ministry of new & renewable energy (MNRE) is providing subsidy up to 30 per cent of the benchmark cost of the solar water pumps to the farmers. Till date over 1.85 lakh solar water pumps
Substantial growth in passenger air traffic has been registered during the last few years. Three year Compound Annual Growth Rate (CAGR) for passengers handled at all Indian Airports taken together is 17.5 pc during 2017-18. Year wise list of domestic passenger traffic handled during 2014-15 to 2017-18 at top 45 airports, that cover more than…
During the last three years, a total of 132 pilots of scheduled and non-scheduled operators were tested breath-analyzer positive during pre-flight medical examination. Airport wise detail is given in table-1, and airlines wise is given in table-2. The following action was taken against them:
The government has said that as on 30.06.2018, the installed generation capacity of power plants in the country is about 344 GW which is more than sufficient to meet the peak demand of around 170 GW occurred during the current year (upto Jun 2018).
The government has stated that there is no proposal under consideration in the power ministry to bar the Chinese power companies from participation in power transmission projects on the ground of growing security concerns.