Tourism players want UDAN scheme extended to Kashmir

With the skyrocketing airfares shooing away intending tourists to Kashmir, the Valley-based tourism players Monday asked why the central government was not extending its air travel scheme, which facilitates cheaper airfares to several destinations, to Kashmir. The government of India in 2016 launched UDAN (ude desh ka aam nagrik) scheme to make air travel affordable […]

US ‘urges’ India on Venezuela

The US is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela said, as the Trump administration this week threatened more US sanctions to cut off Maduro’s financial lifelines. “We say you should not be helping this regime. You should be on the side of the Venezuelan […]

Dead meters haunt power revenue

Most of the 3,000-odd transformer meters that were installed in Jharkhand Bijli Vitran Nigam’s (JBVNL) Singhbhum electricity supply area barely six years ago to keep tabs on power distribution and consumption have gone defunct. The problem came to the fore after the state power utility began examining its existing infrastructure ahead of peak summer to […]

PFC to feel selloff strain

The Power Finance Corporation is likely to dip into its finances and buy out the government’s stake in Rural Electrification Corporation at a premium. This will bail out the Centre in meeting the divestment target of Rs 80,000 crore for the current fiscal. The board of PFC is slated to meet next week to decide […]