Saudi Arabia, the world’s largest oil exporter, on Sunday said it is committed to meet India’s requirements of petroleum products, an affirmation that came in the wake of the country pitching for easing global output cuts to rein in surging oil prices. In an interview to PTI, Saudi ambassador Dr Saud bin Mohammed Al Sati […]
Day: May 31, 2021
Petrol crosses Rs 100 a litre in Mumbai after 15th increase this month
Petrol price on Saturday crossed the Rs 100-a-litre mark in Mumbai after the 15th increase in fuel prices this month. Petrol price was increased by 26 paise per litre and diesel by 28 paise a litre, according to a price notification of state-owned fuel retailers. The increase – 15th this month – took petrol and […]
Ladakh gets Centre’s nod for transmission lines at cost of Rs 1,310 cr
The central government has approved intra-state transmission works at a revised cost of Rs 1,309.71 crore to link far-flung villages of Ladakh to the grid and phase out DG sets towards achieving carbon neutrality in the Union Territory, a top official said on Saturday. The project on completion would also provide the army and the […]
Choksi deportation: India sent private jet to Dominica, says Antiguan PM
India sent a private jet to Dominica carrying documents related to the deportation of fugitive businessman Mehul Choksi, wanted in a Rs 13,500 crore bank loan fraud case, Prime Minister of Antigua and Barbuda Gaston Browne told a radio show in his country. There was, however, no immediate official confirmation from Indian authorities about it. […]
US announces sanctions on Belarus over dissident journalist’s detention
The Biden administration announced it would re-impose sanctions against nine Belarusian state-owned enterprises and is developing additional penalties to target officials in the administration of President Alexander Lukashenko over the forced landing of a Ryanair Holdings Plc jetliner and the arrest of a dissident journalist. The administration has also issued a “Do Not Travel” warning […]
Indian national not infected with Covid-19 at Singapore Airport: Health min
A 32-year-old Indian national who arrived here on April 25 from Nepal could not have been infected with COVID-19 at the Changi airport as there is no phylogenetic link between her case and those infected in the airport’s Terminal 3 cluster, officials said. Singapore’s health ministry said on Friday that its investigations have confirmed that […]
Govt nod to permission-compliant drone operations in 166 more green zones
The Civil Aviation Ministry Saturday said it has permitted drone operations, which are in compliance with its no-permission-no-takeoff (NPNT) scheme, up to 400 feet above the ground in 166 new green zones across the country. The NPNT scheme requires an operator to take permission from aviation regulator DGCA, using an app, before each drone flight. […]
Domestic flights to cost more as govt raises minimum airfares by 13%-16%
Flights within the country are set to become costlier as the Ministry of Civil Aviation (MoCA) has decided to raise the lower limit on domestic airfares from 13 per cent to 16 per cent, which will come into effect from June 1. As per an order by MoCA on Friday, “Fare for domestic travel less […]
L&T to offer quarantine facility to nearly 300,000 employees and workmen
As the country battles the deadly second surge of Covid-19, engineering and construction conglomerate Larsen and Toubro says it has come up with quarantine centres for its about 250,000 contract labourers and about 45,000 permanent employees. Quarantine facilities have been made available from Eastern to Southern India while tie-ups with 144 hospitals have been made […]
470 infrastructure projects show cost overruns worth Rs 4.38 trillion
As many as 470 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.38 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,737 such projects, 470 reported cost overruns […]
Jaypee Infra: NBCC, Suraksha get time till June 4 to submit revised bids
In a relief for the state-run NBCC, the Committee of Creditors (CoC) of Jaypee Infratech (JIL) has given more time to NBCC and Suraksha group for submitting revised resolution plans to acquire the bankrupt company. Both the applicants will now have to submit fresh bids by June 4. Subsequently, the voting on Suraksha’s bid on […]
Jaypee Infra case: NBCC, Suraksha get more time to submit final bids
Financial creditors of embattled Jaypee Infratech have decided to give more time to state-owned NBCC and Suraksha group to submit their final bids to acquire the realty firm through the insolvency process. The two-day voting process, which began on May 27, to decide whether a further extension should be given to both the contenders concluded […]