Solar tariff in India has fallen from 2.62 per unit to Rs 2.44 in the past two days, and by as much as 80 per cent in six years. Such a massive fall is unprecedented for solar power rates across the world. In the bidding held for the 500 Mw Bhadla solar power park in […]
Day: May 12, 2017
Oil stable on expected OPEC cut extension, drop in U.S. inventories
Oil prices traded largely flat on Friday, supported by expectations of an extended OPEC-led production cut and falling U.S. crude inventories but capped by concerns over global oversupply. International benchmark Brent crude futures were at $50.73 per barrel at 0814 GMT, down 4 cents, while U.S. West Texas Intermediate (WTI) crude futures were down 2 […]
Modi in Sri Lanka: Direct Air India flight to now connect Colombo, Varanasi
Prime Minister Narendra Modi today announced that India’s flag carrier Air India would begin direct flights between Colombo and the holy city of Varanasi from August. Modi, who is on a two-day visit to Sri Lanka, made the announcement of the beginning of the flights during his address at the inauguration of the International Vesak […]
Delhi: Transport and Logistic summit promises infrastructure in North East
North Eastern delegates took part in the three-day integrated transport and logistics summit held in New Delhi. The government has initiated major infrastructure developments in the Northeast region, hoping to make it a gateway to Southeast Asia. 34 memoranda of understanding were signed during the event. The Centre has initiated several road and railway projects […]
Coal Mines PF merger with EPF will benefit workers:Piyush Goyal
Union Minister Piyush Goyal today lent full support to the proposed merger of Coal Mines Provident Fund with EPF saying it will safeguard workers’ interests, even as the unions opposing it prepare to go on a 3-day strike next month. “Yes, I believe that for the future, employees’ provident fund organisation, which is the largest […]