The economic crisis triggered by the Covid-19 pandemic and subsequent pressure on revenues may again push the Centre to raise excise duty on petrol and diesel. Sources indicated that another Rs 3-6 per litre increase in excise duty on petrol and diesel may come soon if the government felt the need to mobilise more resources […]
Day: October 26, 2020
SC extends forced leave of CERC members for 4 more weeks
The Supreme Court on Monday extended the stay on functioning of two members of the Central Electricity Regulatory Commission (CERC) by four weeks. This means the power regulator will remain non-operational for atleast one more month. CERC has not held hearings since August 28 this year after the Supreme Court asked two members of CERC […]
India Power Scales Up Network & Distribution Infrastructure
India Power Corporation Limited has invested more than Rs 500 crore to ramp up its network and distribution infrastructure. The move is part of the company’s strategy to offer superior services at affordable cost to its domestic, commercial and industrial consumers. Additionally, the company has chalked out investment plans to expand its operations in new […]
Coal scam: Ex-Union Minister Dilip Ray sentenced to three years jail
A Special CBI court on Monday sentenced former Union Minister Dilip Ray to three-years imprisonment in a coal block allocation case. Ray was the Minister in the Atal Bihari Vajpayee government in 1999. The case pertains to allocation of 105.153 hectares of non-nationalised and abandoned coal mining area in Jharkhand’s Giridih district in favour of […]
Former union minister Dilip Ray gets 3-year jail term in coal scam case
Former union minister Dilip Ray was on Monday awarded three-year jail term by a Delhi court in a coal scam case pertaining to irregularities in the allocation of a Jharkhand coal block in 1999.
Surveillance drone shot down by Army along LoC in north Kashmir
A surveillance drone of Chinese make was on Saturday shot down by Army shortly after it crossed into the Indian side of the Line of Control (LoC) in Jammu and Kashmir’s Kupwara district, officials said. The DJI Mavic 2 Pro drone, fitted with cameras, was spotted hovering in air by the alert troops in the […]
Oil falls more than 1% as surging Covid-19 cases stoke demand fears
Oil prices fell on Monday, extending last week’s losses, as a jump in Covid-19 infections in the United States and Europe raised alarms over crude demand, while the prospect of increased supply also hurt sentiment. Brent crude was down by 53 cents, or 1.3%, at $41.24 by 0052 GMT. US West Texas Intermediate (WTI) dropped […]
Russian oil tanker suffers explosion, 3 crew members missing
A Russian oil tanker was hit by an explosion in the Sea of Azov and a rescue operation was underway on Saturday for three missing crew members, officials said. The Russian Emergencies Ministry said the explosion on the General Azi Aslanov took place as the tanker was en route from the port of Kavkaz to […]
Reliance rolls back salary cuts, offers bonus
Billionaire Mukesh Ambani-led Reliance Industries is rolling back salary cuts for the employees of its hydrocarbons division and is also giving out performance bonus that had been deferred after business was hit by coronavirus lockdown. The firm is also offering an advance 30 per cent of the variable pay from the next year’s salary to […]
Foundation stone of link road laid in Kutlehar
Agriculture and Rural Development Minister Virender Kanwar today laid the foundation stone for the Dobad to Kushiala village link road in Raipur panchayat of Kutlehar Assembly segment. A sum of Rs 4.59 crores will be spent on the five-km-long road, which will benefit a population of about 2,000 inhabitants.
Driving tough on bumpy Subathu-Darlaghat stretch
Uneven, bumpy and dusty roads fraught with gaping crevices have made driving a tedious job on the Subathu-Arki-Kunihar-Darlaghat major district road which is used by thousands of trucks to transport cement to Himachal and neighbouring states.
Uttar Pradesh: LPG blasts in densely populated areas raise safety concern
Two incidents of LPG explosion in densely populated areas of Agra and Aligarh respectively in the past few days, that killed seven and left many injured, have raised concerns over the way small cracker and toy gun manufacturing units function. What is worrisome is also the timing of the blasts– with Diwali drawing closer, work […]