Sanctioned at 25 cr, cost over 2K cr: Railways mismanaged land acquisition for Hajipur-Sagauli project

New Delhi: The Hajipur-Sagauli New Line project, sanctioned in 2003-04 at an estimated cost of Rs 24.66 crore, registered a huge cost escalation of Rs 2,066.78 crore in January 2019 due to indecisiveness of the Railway Administration, according to a Public Accounts Committee (PAC) report. Tabled in the Lok Sabha on Wednesday, the report titled […]

India to become largest global oil demand growth driver till 2030: IEA

New Delhi: India will become the largest source of global oil demand growth between now and 2030, surpassing China, the International Energy Agency said on Wednesday. Urbanisation, industrialisation, the emergence of a wealthier middle-class keen on mobility and tourism, plus efforts to achieve greater access to clean cooking, will underpin the expansion of oil demand […]

India to overtake China as oil demand growth centre in 2027: IEA

Betul (Goa): India will overtake China as the biggest driver of global oil demand in 2027 as transportation and industry consumption in the world’s fastest-growing major economy will drive growth despite a big push for clean energy and electrification, the International Energy Agency said on Wednesday. The Paris-based agency in a special Indian Oil Market […]

Watch: Maharashtra fishermen protest against proposed solar project at Ahmednagar’s Jayakwadi Dam

Fishermen from Ahmednagar and Chhatrapati Sambhajinagar held protests against the proposed solar project at Jayakwadi Dam in Ahmednagar, news agency ANI reported. The fishermen have also submitted an appeal to the National Green Tribunal (NGT) to annul the proposed floating solar power project initiated by the state government. Previously, they had presented a similar request […]

Jharkhand govt decides to increase free power limit to 125 units a month

Ranchi: The Jharkhand government on Wednesday decided to increase the limit of free electricity to 125 units from the existing 100 units per month for domestic consumers. In a review meeting with senior officials including the chief secretary, Chief Minister Champai Soren directed the energy department to prepare a proposal in this regard. “Consumers will […]

Bombay HC says arrest of Chanda Kochhar, her husband in ICICI Bank-Videocon loan case illegal

Mumbai: The Bombay High Court on Tuesday held as ‘illegal’ the arrest of ICICI Bank’s former Managing Director and Chief Executive Officer (CEO) Chanda Kochhar and her businessman-husband Deepak Kochhar by the Central Bureau of Investigation (CBI) in an alleged loan fraud case. A division bench of Justices Anuja Prabhudessai and N R Borkar confirmed […]

Airlines placed 247 passengers in ‘no-fly’ list in last four years

New Delhi: As many as 247 passengers were placed on the ‘no-fly’ list in the last four years, with the highest number of 108 individuals barred from flying by airlines for unruly behaviour in 2023, according to official data.Aviation regulator the Directorate General of Civil Aviation (DGCA) has put in place Civil Aviation Requirements (CAR) […]