KOLKATA: In December last year, short-term power prices declined to Rs 3.30 per unit on a month-on-month basis owing to the ongoing winter season, during which there is subdued demand for power, particularly in northern and western states
Day: February 8, 2019
Oil drops 2% over concerns in global demand growth in the coming year
Oil fell about 2 percent on Thursday as the market was weighed down by concerns that global demand growth would lag in the coming year.
Oil falls as US inventories, demand growth concerns weigh on supply outlook
Oil fell more than 2 percent on Thursday as the market confronted concerns that global demand growth would lag in the coming year.
UK to invite India to co-develop sixth-generation fighter aircraft Tempest
After having spurned Moscow’s proposal to jointly develop a fifth-generation fighter aircraft, the Indian Air Force (IAF) will be invited this month by the UK to co-develop a sixth-generation fighter called the Tempest.
Domestic carriers owe Rs 2,448 crore dues to AAI: Aviation Ministry
Domestic airlines owed dues worth Rs 2,448 crore to the Airports Authority of India (AAI) as on January 15, the civil aviation ministry said Thursday.
Jet crisis: Efficient operations duty of individual airlines, says govt
Efficient operations and financial performance are the responsibilities of individual airlines and their shareholders, the civil aviation ministry said Thursday amid Jet Airways grappling with financial crisis.
Jet Airways grounds four planes following non-payment of lease rentals
Crisis-hit Jet Airways Thursday said four of its aircraft have been grounded due to non-payment of lease rentals.
Govt plans to arm DGCA with powers to impose penalties for violating rules
The government plans to provide civil aviation regulator DGCA with powers to impose penalties on entities violating the rules.
Rafale case: Congress doesn’t want armed forces to be strong, says PM Modi
Prime Minister Narendra Modi on Thursday returned Congress President Rahul Gandhi’s fire over the Rafale jet deal, saying the opposition party does not want the Air Force to be strong and questioned whether it was bidding for a company.
Road developers bid for projects, but do not rely on NHAI traffic data
When a top private equity firm placed its bid for the National Highway Authority of India’s (NHAI’s) toll-operate-transfer first round, its team had already spent months surveying traffic volumes on those stretches. This is not an exception, but a norm, where most road companies do not rely on the NHAI traffic estimates, but build their […]
65,000-km highways worth Rs 5.35 trillion to be built by 2022, says Gadkari
Road Transport Minister Nitin Gadkari said on Thursday that 65,000 km of highways will be constructed across the country at a cost of over Rs 5.35 lakh crore by 2022.
Gadkari to lay foundation stone for 5 national highways in Ayodhya on Fri
Union Minister Nitin Gadkari Friday will lay the foundation stone for five national highway projects worth Rs 7,195 crore in Ayodhya, that includes sections of Ram Vangaman Marg and Kosi Parikrama Marg, the government said.