India’s power consumption rose around 11 per cent to 144.25 billion units (BU) in April as compared to the year-ago period, mainly due increase in temperatures. In April 2023, the power consumption stood at 130.08 BU, a government data showed. The highest supply in a day (peak power demand) also rose to 224.18 GW in […]
Category: Business Standard
Business Standard
Singapore Airlines to pay Rs 2 lakh to Indian couple over seat malfunction
Singapore Airlines has been ordered to compensate an Indian couple with over Rs 2 lakh due to a malfunction in the automatic recliner seats in the business class. Telangana’s Director General of Police (DGP) Ravi Gupta and his wife had filed a lawsuit against the airline. Despite paying Rs 66,750 each for business class seats, […]
Delhi bound Vistara flight makes emergency landing at Bhubaneswar airport
A flight from Bhubaneswar to New Delhi returned minutes after take-off and made an emergency landing after the aircraft was caught in a hailstorm and suffered damage on Wednesday, an official said. The 169 passengers and crew on board are safe. The New Delhi-bound Vistara flight landed back at the Biju Patnaik International Airport (BPIA) […]
India flight tests missile-assisted torpedo release system off Odisha coast
India on Wednesday successfully flight tested the supersonic missile-assisted release of torpedo (SMART) system from Dr APJ Abdul Kalam Island off the Odisha coast, a defence official said. The system was launched around 8.30 am from the ground mobile launcher. Several state-of-the-art mechanisms such as symmetric separation, ejection and velocity control have been validated in […]
India among top 5 developing countries in aviation emissions in 2019: Study
In 2019, India was among the top five economically developing countries in terms of carbon dioxide (CO2) emissions from aviation, a new research has found. Calculating “nearly real-time” aviation emissions using global flight data, researchers found that overall, the US, China and Great Britain were the topmost contributors, with 22 per cent, 14 per cent […]
IndiGo gets demand notice over FY19 input tax credit discrepancies
IndiGo has received a tax demand following the rejection of an input tax credit that was availed by the company in 2018-19. In a regulatory filing on Wednesday, the company said it has received a “demand of Rs 31,240, including tax of Rs 21,240 and penalty of Rs 10,000 for the FY 2018-19”. The demand […]
Section of A-I Express staff flag concerns, allege mismanagement at airline
A grouping of Air India Express cabin crew has alleged that the airline is being mismanaged and there is a lack of equality in the treatment of the staff. The airline is part of the Tata Group and is in the process of merging AIX Connect (formerly AirAsia India with itself). Air India Express Employees […]
DGCA deregisters all 54 aircraft leased to Go First after Delhi HC order
The Directorate General of Civil Aviation (DGCA) has deregistered all 54 aircraft leased to the now-bankrupt airline Go First, according to officials. This move comes in the wake of an order issued by the Delhi High Court on April 26. Go First filed for bankruptcy in May 2023. Since then, the lessors of these aircraft […]
From helipads to drone zones: Here’s how NHAI plans to transform highways
In a significant departure from conventional highway development, the National Highways Authority of India (NHAI) has announced plans to revolutionise the landscape of upcoming greenfield access-controlled highways. The objective? To redefine the travel experience for road users across the nation, reported The Economic Times (ET). What is NHAI’s proposed strategy? NHAI’s visionary strategy entails the […]
BHEL partners HIMA West Asia FZE, Dubai for railway signalling business
State-owned engineering firm Bharat Heavy Electricals (BHEL) on Tuesday announced that it has entered into a strategic partnership agreement with HIMA West Asia FZE, Dubai for railway signalling business. HIMA is the world’s leading solution provider for safety-related automation in the railways and process industries, a regulatory filing said. According to the filing, the BHEL […]
Commercial LPG cylinder price reduced by Rs 19; Here are the revised rates
Oil marketing companies cut prices of commercial LPG gas cylinders by Rs 19 with immediate effect from May 1. With this, Delhi retail sales price of 19 kg commercial LPG cylinder stood at Rs 1,745.50. This follows similar reductions in other metro cities across India. State-backed oil marketing companies (OMCs) slashed the prices of commercial […]
Oil prices decline for third day as US crude production, inventories swell
Oil prices fell for a third day on Wednesday on rising crude inventories and production in the US, the world’s biggest oil consumer, along with increasing hopes of a ceasefire agreement in the Middle East. Brent crude futures for July fell 47 cents, or 0.5 per cent, at $85.86 a barrel by 0005 GMT. US […]