Roll back fuel price hike, control prices of essential commodities: Left parties

The Left parties in a joint statement on Sunday demanded the rollback of hike in petroleum products and urged the government to control prices of essential commodities and drugs. The joint statement has been signed by Sitaram Yechury, General Secretary, Communist Party of India (Marxist); D Raja, General Secretary, Communist Party of India; Debabrata Biswas, […]

Undeveloped oil fields: Govt plans monetisation amid low recovery, shift to renewables

Low recovery of oil and gas from domestic fields and growing sentiment against fossil fuels have led to the government deciding to move ahead to monetise undeveloped fields and mature fields with falling output, according to government officials. Last Thursday, Petroleum Minister Dharmendra Pradhan said that government companies cannot hold on to undeveloped resources indefinitely […]

Musk says Tesla will accept bitcoins when miners use more clean energy

Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said in a tweet. Bitcoin […]

See-saw for Adani Group stock, denies freeze on a/c of investors

SHARES OF Adani Group companies plunged up to 25 per cent intra-day Monday following news reports that accounts of three foreign investor funds holding sizeable stake in the group’s companies had been frozen by National Securities Depository Ltd (NSDL). The shares recovered partially after the group companies denied the news reports and informed stock exchanges […]

Drones for vaccines: ICMR seeks bids, Telangana explores ‘Medicines from Sky’

With the focus moving to delivering vaccines in difficult to reach areas, the Centre and state governments are taking the drone route to get to such terrains. On one hand, the Indian Council of Medical Research (ICMR) has sought bids from drone operators to supply medicines and vaccines; on the other, the Telangana government has […]