NEW DELHI: Diesel sales dropped in June as the arrival of monsoon cut demand in the agri sector and reduced vehicular movement, preliminary industry data showed. Demand for diesel, the most consumed fuel in the country — accounting for about two-fifths of the total demand, fell 3.7 per cent to 7.1 million tonnes in June […]
Category: The Times of India
Times of India
Tesla beats second-quarter delivery estimates as price cuts pay off
Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and US federal credits helped make its electric vehicles more affordable. The Elon Musk-led company handed 466,140 vehicles in the April to June period, up 10% from the preceding quarter, and 83% higher […]
Tariff appeals against state regulators to become costly for cos
NEW DELHI: The government plans to make it costly for gencos (generation companies) or discoms (distribution companies) to challenge orders of state electricity regulatory commissions (SERCs), a move that aims to check “non-serious” litigations often used to delay payments but could also impact efforts to seek rightful compensation by entities. The power ministry’s latest draft […]
NSE explores carbon credit market, introducing electricity derivatives
KOLKATA: The National Stock Exchange is exploring opportunities in electricity derivatives and the voluntary carbon credit (VCC) market to deepen its product portfolio as part of its transformation into a multi-asset stock exchange. The world’s largest derivatives stock exchange also plans to introduce derivative contracts based on the indices of the corporate bond index and […]
Delhi Metro allows two liquor bottles per commuter
NEW DELHI: A commuter is now allowed to carry a maximum of two sealed liquor bottles on all lines of the Delhi Metro. This was hitherto permitted only on the Airport Express Line. However, drinking liquor on the trains and Metro premises remains prohibited. The decision follows a review meeting held by members of a […]
Total count of electric buses in city now 400
NEW DELHI: The Delhi Transport Corporation (DTC) on Thursday inducted 100 electric low-floor buses into its fleet, taking the total of the number of such vehicles in operation to 400. The buses are part of 1,500 low-floor electric buses that the government wants to add to its fleet. The total number of buses in Delhi, […]
Electrocution: Second engineer bound down
NEW DELHI: Delhi Police has “bound down” another senior section engineer of Northern Railway in connection with the electrocution of a 35-year-old schoolteacher at New Delhi Railway Station on Sunday. Police said engineer Gopal Kumar (37), who lives in Qutub Vihar, was asked to join the investigation and was bound down under CrPC section 41.1 […]
Atishi urges DERC chief to take oath at earliest
NEW DELHI: Power minister Atishi has written to Delhi Electricity Regulatory Commission’s (DERC) chairperson-designate, retired justice Umesh Kumar, urging him to take the oath of office on July 3 or 4. In her June 30 letter to retired justice Kumar, Atishi said the “unfortunate situation” had arisen because the power department wrote to him asking […]
Monsoon unpreparedness: Waterlogged roads after one big rain spell say it all
NEW DELHI: Rain pelted down on the capital on Friday, as usual throwing traffic out of gear on flooded roads. While it did bring the much-needed respite from the heat, the tall claims of the civic authorities on monsoon preparedness appeared exposed. There were massive traffic snarls in the evening in several parts of the […]
NDMC imposes ban on road cutting till September end
NEW DELHI: New Delhi Municipal Council (NDMC) has imposed a complete ban on road cutting in view of the monsoon season and the order will be valid till September 30. “It will be applicable for all essential projects, except as required under emergency work with prior approval of the competent authority,” an NDMC official said. […]
Tata Power comes up with innovative new 110KV tower that occupies less space
MUMBAI: Tata Power has devised an innovative way to replace old 110 KV power transmission towers by introducing new narrow towers which require less space compared to existing towers and can be erected inside existing tower space without compromising on safety and quality. These transmission towers are instrumental in bringing electricity to Mumbai. “It is […]
Truck head-butts Vile Parle flyover, traffic is affected but bridge is safe
MUMBAI: A container truck rammed into the bottom part of a bridge in Vile Parle on Friday morning, briefly disrupting vehicular traffic movement. The container got stuck while trying to navigate the height barrier below Captain Vinayak Gore flyover. This bridge is the only eastwest connector for vehicles as Gokhale bridge at Andheri is being […]