New Delhi: India’s crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation’s insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil […]
Category: Deccan Herald
Deccan Herald
PM Modi to inaugurate India Energy Week in Goa on February 6, dedicate to nation permanent NIT campus
Panaji: Prime Minister Narendra Modi will inaugurate India Energy Week 2024 in Goa on Tuesday and also dedicate to the nation the permanent campus of the National Institute of Technology (NIT) apart from laying foundation stones for various projects costing more than Rs 1,330 crore. Modi will also address ‘Viksit Bharat, Viksit Goa 2047’ programme. […]
No shortage of power in Karnataka: Energy minister K J George
Mangaluru: Energy minister K J George said that there will be no power shortage in Karnataka during summer. Speaking during a meeting of the elected representatives of Dakshina Kannada at Mescom head office in Mangaluru, he said that the state government has taken all measures to increase the power production to meet the demands. Though […]
Pakistan election panel halts national carrier PIA’s privatisation
Pakistan’s election commission has halted the caretaker government’s plans to privatise loss-making national carrier Pakistan International Airlines, the Dawn newspaper reported on Monday, citing sources. The election panel in a recent letter to the cabinet secretary, reminded the caretaker government of its role and limitations and sought all relevant documents, the report said. The panel […]
Vistara’s Dubai flight passengers ‘erroneously’ taken to Mumbai airport domestic terminal
Mumbai: Some passengers of a Vistara flight from Dubai were taken to the domestic terminal of the Mumbai airport after landing without completing immigration process on Sunday, while the airline said operating procedures will be tightened to prevent such incidents in the future. International passengers arriving at Indian airports are compulsorily required to undergo immigration […]
Russian emergency helicopter crashes in Karelia lake, three dead
An Mi-8 helicopter belonging to Russia’s emergencies ministry crashed into a lake in the country’s northern region of Karelia, killing all three crew members on board, the authorities said on Monday. “The plane was on a training flight,” the ministry said on the Telegram messaging app. “The helicopter was flown by an experienced crew with […]
Oil prices steady on Gaza ceasefire talks even as US plans Middle East strikes
Beijing: Oil prices stabilised in early Asian trading on Monday after sharp falls last week, amid continued attempts to reach a ceasefire in the Israel-Palestinian conflict even as the US planned new strikes on Iran-backed groups. Brent crude futures inched up 8 cents to $77.41 a barrel by 0131 GMT, while US West Texas Intermediate […]
India raises windfall tax on petroleum crude to 3,200 rupees/tonne
India raised its windfall tax on petroleum crude to 3,200 rupees/ton from 1,700 rupees from Saturday while keeping the windfall tax on diesel and aviation turbine fuel at zero, the government said late on Friday. On Jan. 16, the government cut windfall tax on petroleum crude from 2,300 rupees a ton. From July 2022, India […]
Modi government slashes windfall tax on crude petroleum
New Delhi: The government has hiked windfall tax on domestically produced crude oil to Rs 3,200 per tonne from Rs 1,700 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). According to an official notification, SAED on export of diesel, petrol, and jet fuel or […]
Reliance Power Q3 net loss widens to Rs 1,136.75 crore
New Delhi: Reliance Power Ltd on Saturday reported widening of its consolidated net loss to Rs 1,136.75 crore during the quarter ended December 2023, due to increased expenses. It had posted a net loss of Rs 291.54 crore during the October-December period of preceding 2022-23 financial year, the company said in an exchange filing. The […]
Flight delayed or cancelled? Travel insurance has your back
Flight delays due to bad weather such as fog or other reasons have been grabbing the headlines lately, given social media posts and some violent reactions they’ve begun to elicit from irate passengers. They’ve even managed to draw the attention of the Union Civil Aviation ministry, pursuant to the two incidents in Mumbai and Delhi. […]
New quality glitch to delay some Boeing 737 MAX deliveries
Boeing Co said on Sunday it will have to do more work on about 50 undelivered 737 MAX airplanes, potentially delaying near-term deliveries, after its supplier Spirit AeroSystems discovered two mis-drilled holes on some fuselages.Boeing confirmed the findings in response to a Reuters query after industry sources said a spacing problem had been discovered in […]