Unlike manufacturing units which are still running with a reduced capacity of about 30%, the hospitality industry remains completely shuttered. With no business and income, the hospitality sector is urging the state government to defer the payment of fixed electricity charges and allow them to pay at industrial rates as per their status. “Before the […]
Day: May 15, 2021
COP26 last chance for world to limit global warming: British Indian climate action chief Alok Sharma
The United Nations COP26 climate action summit scheduled in Glasgow in November is the last chance for the world to limit global warming and stay on track to keep global temperature rises well below 2 degrees, Alok Sharma, the British Indian minister in charge of the meet said on Friday. The Agra-born president designate of […]
Chandigarh: Second wave slams brakes on UT’s solar dream
The second wave of Covid-19 has halted the UT administration plan to achieve 100MW solar power generation by the end of 2022. As companies engaged in the work are finding it difficult to get parts of solar plants from different countries on time, the UT’s project planned to start this year got delayed. A senior […]
Cairn Energy sues Air India to enforce $1.2 bn arbitration award: Report
Cairn Energy has sued India’s flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a US District Court filing reviewed by Reuters. The move ratchets up pressure on India’s government to pay the sum of $1.2 billion plus interest and costs that […]
ADB commits record $3.92 billion loan to India for 13 projects in 2020
The Asian Development Bank on Friday said it has committed a record USD 3.92 billion in sovereign loans for 13 projects to India in 2020, including USD 1.8 billion in COVID-19 related projects to support the government’s pandemic response. As part of the pandemic support to India, the Manila-headquartered multilateral agency said it has provided […]
PSPCL revises rules for industrial connnections
To save industrial units from avoidable inconvenience and plug the loss of revenue arising from sudden disconnection of industrial power connections on the directions of government agencies such as the Punjab Pollution Control Board or other similar regulatory bodies, Punjab State Power Corporation Limited (PSPCL) has issued revised guidelines for disconnection and reconnection of industrial […]
2 planes collide above Denver, land with no one injured
Two small airplanes collided in the air near Denver, leaving one aircraft nearly ripped in half and forcing the other’s pilot to deploy a parachute. Remarkably, both planes landed safely and no one was injured, officials said. Both planes were getting ready to land at a small regional airport in a Denver suburb on Wednesday […]
Covid keeps 70 Aussies off 1st repatriation flight from India
Several Australians in India who were scheduled to return home by a repatriation flight initiated by the Australian government were grounded on Friday because either they were infected with Covid-19 or were considered a close contact of someone who was positive, a top Australian diplomat said. The repatriation flights facilitated by the Australian government for […]
Gaping manhole on road
An open manhole on the Boileauganj-Chakkar road can result in an accident any time. Right in the middle of the road, the manhole is particularly dangerous for those driving two-wheelers. The risk is particularly high at night. The authorities concerned must close the gaping hole at the earliest. — Aman Sharma, Chakkar
PSPCL not to take cash above Rs20k
Jalandhar: According to the latest update from Punjab State Power Corporation Limited (PSPCL), the payment of bills above a fixed limit will be paid only through digital modes. The new guidelines will be implemented from July 1. Bills more than Rs 20,000 will be accepted digitally only. Earlier, digital payment was required only for bills […]
F&CC gives nod to development works of Rs19.5 cr in Mohali
The Finance and Contract Committee (F&CC) of the Mohali Municipal Corporation passed development works worth Rs19.50 crore at its first meeting held here today. The F&CC meeting was presided over by Mayor Amarjit Singh Sidhu. Senior Deputy Mayor Amrik Singh Somal, Deputy Mayor Kuljit Singh Bedi, Commissioner Kamal Garg, Committee members Jasbir Singh Manku, Anuradha […]
GoAir rebrands as Go First after 15 years of flying
After being in the skies for 15 years, Wadia Group-owned GoAir has rebranded itself as ‘Go First’ as the airline focuses on ultra-low-cost business model amid the aviation industry grappling with pandemic headwinds. The announcement on Thursday also comes amid reports that the airline was preparing for an initial share sale to raise funds for […]