China’s airlines flew a record number of people in the first quarter, amid government efforts to boost the nation’s tourism sector and strong demand for holidays at home. Total air passenger traffic reached almost 180 million trips in the first three months of 2024, state broadcaster CCTV said Tuesday, citing data from the Civil Aviation […]
Day: April 18, 2024
China’s March coal output drops 4.2% amid oversupply, weak demand
China’s coal output fell 4.2 per cent in March, statistics bureau data showed on Tuesday, amid oversupply and weak demand. China produced 399.33 million metric tons of coal last month, the National Bureau of Statistics said on Tuesday. That brought output in the first quarter of the year to 1.11 billion tons, down 4.1 per […]
Likely to make next-generation EV batteries by early 2029: Nissan
Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector. But Nissan, like other companies, sees a […]
Jaguar develops mobile energy-storage unit using Range Rover batteries
Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK startup Allye Energy using used batteries from plug-in hybrid Range Rover models, the two companies said on Tuesday. The companies said a single Allye MAX Battery Energy Storage System (BESS) uses second-life batteries from seven Range Rover and Range […]
China’s crude throughput up 1.3% in March, oil production at highest
China’s oil refinery throughput rose in March as refiners stepped up runs amid signs of a tentative economic recovery in the world’s second largest consumer of crude. Total refinery throughput was 63.78 million metric tonnes, data from the National Bureau of Statistics (NBS) showed on Tuesday. That was equivalent to 15.09 million barrels per day […]
Summer holidays: Shell out less than Rs 1,000 as base air fare on 22 routes
Imagine hopping on a quick flight for just Rs 150 as the base fare! This dream is now a reality for travelers in India, thanks to the government’s Regional Connectivity Scheme (RCS), also known as UDAN (Ude Desh ka Aam Nagrik). This initiative aims to make air travel accessible to more people by offering subsidized […]
Road execution in India to grow 5-8% in FY25 to 12,500-13,000 km: ICRA
Road execution in India is likely to grow 5-8 per cent to 12,500-13,000 km in the current fiscal, after recording a robust expansion of 20 per cent in 2023-24, rating agency ICRA said on Tuesday. It added that the pace of execution in this fiscal will be supported by a healthy pipeline of projects, increased […]
Baltimore bridge collapse: FBI opens criminal probe, fourth body recovered
The FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support, while local officials confirmed the recovery of a fourth body from the incident. FBI agents boarded the cargo ship Dali to conduct court-authorized law enforcement activity regarding the […]