Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments. Western punishments over Russia’s invasion of Ukraine have shifted global trade flows for its top export, […]
Category: Deccan Herald
Deccan Herald
Tata group hints at UK battery plant plans as it posts job ads
Tata Group has posted job openings for a UK-based cell developer and construction project manager, suggesting the parent company of Jaguar Land Rover is preparing to locate its new battery factory in Britain. The job advertisements, posted on LinkedIn, are for Tata’s battery-cell operation Agratas, which is building two factories — one in India and […]
First batch of 4 e-buses flagged off in Kargil
The first batch of four electric buses was rolled out here with the authorities terming the initiative a move to transform Ladakh into a carbon-neutral Union Territory and make Leh and Kargil smart cities, an official said on Monday. The 100 per cent zero emission buses have been provided by SIDCO Transport, Ladakh, he said. […]
Hydropower generation doubled in 5 yrs but poor monsoon brings bad news
A deficient monsoon in Karnataka is beginning to impact hydroelectric power generation, which contributes 42.2 per cent to the state’s overall power production. Hydel power is one of the major sources of electricity production in Karnataka and has been on a steady rise. Hydroelectric power generation in the state nearly doubled in five years since […]
SpiceJet is most delayed Indian airline as summer rush hits
Passengers on cash-strapped SpiceJet Ltd are experiencing the most flight disruptions in India, the world’s fastest-growing aviation market. With the busy summer travel season arriving, only 61 per cent of SpiceJet’s flights departed on time from the country’s four biggest airports — Mumbai, Delhi, Bengaluru and Hyderabad — in May, according to the Directorate General […]
Boeing plans to ramp up sourcing from India
US aerospace giant Boeing is working on having a final assembly line (FAL) in India, and eventually increasing its sourcing from here from the existing $1 billion (Rs 8,200 crore) per year. Boeing India head Salil Gupte told The Times of India that they were “looking at a business case” in order to have a […]
Bengaluru-Mysuru expressway: 100 fatal accidents since inauguration
There have been 132 fatal accidents on the Bengaluru-Mysuru expressway since January this year, including 100 since March 12, the day it was officially inaugurated by Prime Minister Narendra Modi. The alarming numbers of fatal accidents have pushed the Karnataka police and highway authorities to tighten safety measures and reduce the risk of deaths in […]
Commerce over public good? BMRCL opts for shopping area instead of parking for metro riders
Rather than providing space for parking vehicles to aid commuters, the Bengaluru Metro Rail Corporation Limited (BMRCL) is building a two-storey commercial space below the viaduct in Indiranagar. The building coming up in the vacant space will accommodate 25 shops, disregarding regulations. During the visit to the site, DH observed that the construction of the […]
Two men arrested for stealing bathroom fittings from Bengaluru trains
Railway Protection Force (RPF) officials have arrested two Srirampura residents for stealing taps and other fittings from moving trains. The RPF’s Bengaluru division arrested Shanmugam, 47, and Gandhi, 29, at the KSR Bengaluru railway station on Friday. The two men allegedly stole Rs 12,960 worth of taps and carriage and wagon (C&W) fittings from trains […]
13 more bodies of Balasore train tragedy handed over to families
At least 13 more bodies of the June 2 Balasore train accident kept at AIIMS Bhubaneswar were handed over to their family members on Saturday, official sources said. Of the 29 bodies identified using DNA sampling, six were handed over to their families on Friday and 13 on Saturday, a railway official said. “On the […]
Diesel sales fall in June as monsoon sets in
Diesel sales dropped in June as the arrival of monsoon cut demand in the agri sector and reduced vehicular movement, preliminary industry data showed. Demand for diesel, the most consumed fuel in the country — accounting for about two-fifths of the total demand, fell 3.7 per cent to 7.1 million tonnes in June compared to […]
Tesla beats second-quarter delivery estimates
Tesla Inc on Sunday delivered a record number of vehicles in the second quarter, topping market estimates after the electric carmaker increased discounts and incentives. The Elon Musk-led company handed over 466,000 vehicles in the three months ended June 30. Analysts on average had expected Tesla to deliver 445,000 cars, according to nine analysts polled […]