Hyderabad: Residents have poured about eight trucks of construction debris a month ago to fill the pit in a 100 metre stretch of a colony road that was lying unconstructed for the last several years and it was becoming a mini pool whenever it rained in Ravi Colony near Trimulgherry. One of the residents, Mr […]
Category: Deccan Chronicle
Deccan Chronicle
Emerging economies like India more vulnerable to big oil price moves: Report
New Delhi: Given weak consumer demand, higher oil prices can result in stagflation in an emerging economy like India, which imports more than 70 per cent of its oil needs, says a report. In economic parlance, stagflation means a situation in a country’s economy when inflation is persistently high, demand is stagnant and unemployment rates […]
Aramco arm looks for oil products after attacks: Sources
Singapore/London: Saudi Aramco’s trading arm is looking for oil products for prompt delivery after Saturday’s attacks on Saudi oil facilities, several trade sources said this week. Saudi Arabia is set to become a significant buyer of refined products after the attacks forced it to shut down more than half of its crude oil output and […]
Kochi: Waste-to-power plant to get green approval
KOCHI: The long wait for the waste-to-energy plant at Brahmapuram is going to end soon as the environmental clearance for the project is expected by September end. Environmental clearance for the plant is included in the agenda of State Level Environment Impact Assessment Committee (SLEIAC) scheduled for September 17 (Tuesday). A meeting of the State […]
Thiruvananthapuram: Palarivattom flyover to be fully reconstructed
Thiruvananthapuram: The controversial Palarivattom flyover in Kochi will be rebuilt as per the recommendation made by Metroman E. Sreedharan. “Sreedharan has said that renovation or strengthening it was not a feasible option. We have accepted this recommendation and hence decided to rebuild the bridge,” Chief Min-ister Pinarayi Vijayan said on Monday. “The existing structure will […]
BSY orders inquiry into first phase of elevated corridor
Bengaluru: Chief Minister B.S. Yeddiurappa on Monday ordered an inquiry into the first phase of the elevated corridor project stretching up to 21.54 km worth Rs 6,855 crore to be implemented by Karnataka Road Development Corporation Limited (KRDCL). Following allegations of corruption and inflated project cost of the elevated corridor project made by BJP city […]
TC Palya, Horamavu roads to be restored in 2 months: BBMP chief
Bengaluru: After several protests by the residents of TC Palya Main Road and Horamavu, BBMP Commissioner Anil Kumar visited the place to inspect the condition of the road and assured the residents that the roads will be restored in a couple of months. The residents of both areas carried out several protests to draw the […]
Hyderabad: Dug up before last Bonalu festival, Bhavaninagar road not fixed
Hyderabad: “The road was dug before last year’s Bonalu fest; this year’s festival has also passed but we have not got our road,” said a senior resident of Bhavaninagar in Old Bowenpally, pointing to the dug-up road awash in rain water. There is not even a narrow path for a two-wheeler to pass. Road users […]
Oil-sensitive stocks dip
Mumbai: Dark clouds have once again gathered over the Indian economy as the crude oil prices, which have stayed benign for the last few years, have shot up overnight and raised the prospect of moving up on supply disruption. The country buys over two-thirds of its oil, mostly from the Middle East, making it most […]
Saudi assures India of no oil supply shortage: Oil Min
New Delhi: the world’s third-largest oil consumer, will not face any supply disruption after a reduction in production at its No. 2 supplier Saudi Arabia, Oil Minister Dharmendra Pradhan said on Monday. “Following the attacks on the oil stablization centres of @Saudi_Aramco, top executives of Aramco have been contacted,” he tweeted. “We have reviewed our […]
Air India Assets Holdings’ bond issue fully subscribed; raises Rs 7,000 crore
New Delhi: Air India Assets Holdings Ltd (AIAHL) on Monday raised Rs 7,000 crore through bonds issue, which was oversubscribed. AIAHL is a special purpose vehicle of national carrier Air India. As part of efforts to clean up the balance sheet of Air India, which has a debt burden of more than Rs 58,000 crore, […]
IndianOil Petronas to offer scholarship to supports economically weaker students
Students from West Bengal have a new reason to cheer about as Indianoil Petronas Private Limited (IPPL) announces its collaboration with NSDL e-Governance Infrastructure Limited for providing education scholarships through NSDL e-Gov’s Vidyasaarathi portal. Students from class 8 to 12 will be eligible to apply for these scholarships. With this association, IPPL aims to provide […]