Namma Metro services between MG Road and Baiyappanahalli will be suspended for two hours — from 7 am to 9 am — on Sunday. This is to facilitate maintenance work between the Trinity and MG Road metro stations on the Purple Line. Trains will operate as usual on all other sections such as Kengeri-MG Road, […]
Category: Deccan Herald
Deccan Herald
29 of 81 bodies of Odisha train accident victims identified
The Bhubaneswar Municipal Corporation (BMC) on Friday said 29 of the 81 bodies of victims of the June 2 train accident in Odisha’s Balasore, which were kept in AIIMS Bhubaneswar, have been identified. The process of handing over the bodies has started, BMC mayor Sulochona Das said. “Of the 81 bodies preserved at AIIMS Bhubaneswar, […]
Oil heads for first monthly gain this year as supply tightens
Oil prices edged higher on Friday with Brent poised for its first monthly gain this year, as a big drawdown in US oil stocks outweighed concerns that fuel demand will be dented further by more interest rate hikes. Brent crude futures for September delivery rose 16 cents or 0.2 per cent to stand at $74.67 […]
Key infra sector growth slows down to 4.3% in May
The growth of eight key infrastructure sectors slowed down to 4.3 per cent in May 2023 due to a decline in the production of crude oil, natural gas, and electricity. The core sector growth was 19.3 per cent in May 2022 while in April 2023 the key infra sectors recorded a growth rate of 4.3 […]
RIL, bp start regular production from MJ oil & gas field
Reliance Industries Ltd, and its partner bp Plc on Friday announced the start of regular production from MJ oil and gas field in the KG-D6 block, helping scale up India’s output of clean fuel to over 100 million cubic meters a day. MJ is the third and the last set of discoveries in the KG-DWN-98/3 […]
Taiwanese investors delegation hold talks with Karnataka govt, keen on bus conversion to electricity
Karnataka’s Large and Medium Industries Minister M.B. Patil on Friday said that Taiwanese companies have expressed interest to collaborate with the state Karnataka in converting diesel-run BMTC buses to electric buses. Briefing reporters after a high-level delegation from Taiwan met him here to discuss industrial collaboration, he said: “Converting the diesel-powered Bengaluru Metropolitan Transport Corporation […]
Foxconn to invest $246 million in two projects in Vietnam
The world’s largest contract electronics maker and assembler, Foxconn, has received approval from Vietnam to invest $246 million in two new projects its northern province of Quang Ninh, the local authority said on Friday. The projects, by its unit Foxconn Singapore, will raise total investments by Foxconn in Vietnam to about $3 billion and will […]
World Bank approves $1.5 billion financing for India’s low carbon energy sector
The World Bank said on Friday it has approved $1.5 billion in financing to accelerate the development of India’s low carbon energy sector. The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement. “The program […]
Centre may recover ‘excess revenue’ earned by power firms
The Centre is weighing a plan to recover “excess revenue” earned by power plants in spot markets to provide funds to run gas-fired stations during crises, two government sources said. Under the early-stage proposals, a uniform price cap on spot power trades would be replaced with new limits for each source of power generation. Once […]
Flights halted at Geneva Airport as staff extend strike
Air traffic at Geneva Airport was at a standstill early on Friday, with 64 flight arrivals and departures cancelled, due to a strike over pay by public service staff, who plan to continue striking into Saturday. About a hundred employees stood outside the departure area in the airport to protest against a salary policy approved […]
British Airways witnessing demand growth in India: CEO Sean Doyle
British Airways is seeing a more balanced growth in India and has increased its weekly flights to 56 compared to the pre-pandemic level, the airline’s chief Sean Doyle said on Friday. Speaking at a media roundtable here, Doyle, who is the Chairman and CEO, also said there is a growth in air travel demand in […]
DGCA to conduct special audit of Go First facilities on July 4-6
Aviation watchdog DGCA will conduct a special audit of grounded airline Go First’s facilities in the national capital and Mumbai from July 4 to 6 before approving the revival plan for the resumption of flights, according to a senior official. Cash-strapped Go First stopped flying on May 3 and is undergoing a voluntary insolvency resolution […]