A whopping 4.82 lakh passengers were affected due to delayed flights (beyond two hours) in January this year, forcing the airlines to shell out Rs 3.69 crore towards facilitation, according to the DGCA monthly traffic data released on Thursday. At the same time, domestic passenger traffic grew 4.69 per cent in January to 1.31 crore […]
Day: February 16, 2024
Farmers’ protest: Rail services affected, check list of cancelled and diverted trains
Due to the ongoing farmers’ protest, rail traffic on the Ambala division of the Northern Railway has been affected, an official said. According to Captain Shashi Kiran, the Chief Public Relations Officer of North Western Railway, the following rail services will be impacted due to the farmers’ protest:
What GQG Partners, the firm that fishes in troubled waters, sees in Vedanta
The man who made a contrarian bet on Adani could be riding in as a saviour for another company in trouble. Following reports that US-based GQG Partners, founded by Rajiv Jain, is in talks to buy a stake in Vedanta, a big block deal was reported on Thursday in which more than 2% equity changed […]
Coal ministry to discuss with stakeholders ways to promote coal, lignite gasification projects
The coal ministry will hold discussions with stakeholders on Friday on ways to promote coal, and lignite gasification projects across the country. The event is seen as an important step towards the potential of coal and lignite resources to give a push to sustainable energy solutions in the country. Coal secretary Amrit Lal Meena will […]
Shifting gears to a luxury EV may come at a heavy price
Carmakers Tata Motors, MG Motor India and Mahindra & Mahindra are narrowing the price gap between their electric vehicles and petrol and diesel models amid softening battery prices, but luxury carmakers do not expect such price parity any time soon. That is mainly because luxury battery electric vehicles (BEVs) are mostly imported into India, attracting […]
80% in just 21 minutes: Hyundai expands ultra-fast EV charging network in India
Hyundai Motor India is taking a significant leap towards making electric vehicles more accessible across the country. The company has recently expanded its ultra-fast EV charging network by setting up 11 new charging stations in various cities and along major highways. These new charging stations are strategically placed to benefit cities like Mumbai, Pune, Ahmedabad, […]
Gautam Solar supplies 60 GW solar panels for PM-KUSUM scheme
Gautam Solar on Thursday said it has delivered 60 megawatt (MW) of solar panels for PM-KUSUM scheme. It has supplied 10BB mono passivation emitter rear contact cell (PERC) solar panels, which are more efficient in minimizing electrical losses and enable power generation from both sides, the company said in a statement. The solar panels will […]
India hikes windfall tax on petroleum crude, diesel
The Indian government on Thursday announced through a notification that it would increase the windfall tax on petroleum crude from Rs 3,200 to Rs 3,300 per metric ton. Additionally, the windfall tax on diesel, previously at zero, will now stand at Rs 1.50 per litre. The revised rates shall come into force on the 16th […]
Global oil, gas demand will sustain for decades, says Saudi Aramco top executive
A longstanding crude oil supplier to India, Saudi Arabia’s state-run oil producer Saudi Aramco has been scouting for investment opportunities in India’s downstream segment. Though its attempt to buy 20% stake in Reliance Industries’ oil-to-chemicals business for $15 billion fell through and the Ratnagiri refinery in Maharashtra is still in the works, Fahad Al Dhubaib, […]
LPG imports surge 60% in five years
India’s imports of liquefied petroleum gas (LPG) surged 60% in five years as demand increased rapidly while domestic supplies stagnated. Imports increased to 18.3 million metric tonnes (MMT) in 2022-23 from 11.4 MMT in 2017-18, according to the petroleum and natural gas ministry data. Domestic LPG production grew barely 4% in the five years to […]
Delhi Metro makes history! Achieves highest-ever daily ridership of 71.09 lakh
The Delhi Metro recorded highest-ever count of daily ridership at 71.09 lakh on February 13 following huge traffic jams in the NCR amid tight security in view of a farmers’ march to the national capital. India’s largest metro network mentioned in a X post on Wednesday that it has surpassed its previous milestone accomplished last […]
Noida Metro embarks on a mega expansion! Analysing the evolution of the Aqua Line and how it will be a game changer for NCR travel
Noida has witnessed remarkable growth in recent years. Central to this expansion is the Noida Metro, which has been a pivotal infrastructural asset in facilitating connectivity and easing the burden of traffic congestion. Among its key corridors, the Aqua Line stands out as a symbol of progress and development. As the Noida Metro embarks on […]