British foreign minister Liz Truss said on Sunday that she would set out immediate action in her first week in power to tackle rising energy bills and increase energy supplies if she is, as expected, appointed Prime Minister. The governing Conservative Party is widely expected to name Truss its new leader, and Britain’s new Prime […]
Category: The Telegraph
Telegraph
Assam eviction drive for solar plant
The Assam government on Saturday carried out a massive eviction drive in Sonitpur district to clear around 1,000 bighas of land to set up a 100MW solar plant. Altogether 299 families — 243 Muslims and 56 Hindus — were allegedly staying on the encroached government land at Chitalmari 3 village under Borcolla constituency but most […]
Vistadome coaches may run daily from festive season
Vistadome coaches between New Jalpaiguri and Alipurduar may be operated daily during Puja in October or November to meet the high demand. The service is at present available once a week since the forests of north Bengal are closed for monsoon. A train with one Vistadome coach leaves New Jalpaiguri for Alipurduar every Saturday and […]
S African high court rules against petroleum giant Shell in oil and gas exploration rights battle
A South African court has ruled against petroleum giant Shell from conducting seismic surveys at a coastal region known as the Wild Coast of South Africa as this would seriously impact migration and feeding habits of the marine mammals. The Makhanda High Court in the Eastern Cape province set aside an earlier decision by the […]
Bailout funds for SpiceJet
SpiceJet, which is facing financial headwinds, is likely to receive around Rs 225 crore under the government’s credit guarantee scheme next week, according to a source. Hit by high fuel prices and rupee depreciation, the budget carrier on Wednesday posted a net loss of Rs 789 crore for the June quarter and also said its […]
Germany: Lufthansa pilots begin strike action
The airline has canceled 800 flights from Germany on Friday and has warned that disruption could continue over the weekend. Pilots at Germany’s airline Lufthansa started a planned 24-hour strike shortly after midnight on Friday. It forced the carrier to cancel 800 flights, impacting about 130.000 passengers. Which flights are affected in the strike?
Determined to enforce price cap on Russian oil: US
The United States has said it is determined to enforce a price cap on Russian oil announced by the G7 countries. “A price cap on Russia oil is a powerful tool – one part of the tool in our agenda to put downward pressure on global energy prices in a way that will benefit consumers […]
BSF develops tear gas shells dropping drones for police, security forces
A tear gas shell-dropping drone system has been developed by the BSF that can be used by police for controlling protesters and rioters, a senior officer of the border-guarding force said on Friday. He said the “drone tear smoke launcher” can be used for launching these shells from an unmanned aerial vehicle (UAV) or drone […]
Big names bid for NTPC Green
ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying a stake in NTPC Green Energy, according to sources. NTPC Green Energy Ltd (NGEL) is a wholly-owned subsidiary of state-owned power giant NTPC Ltd. The expression of interest (EoI) for stake sale of 5 to […]
Sharp rise in windfall tax on oil refiners
The Modi government has again hiked the tax on windfall gains by domestic oil producers and refiners. It has increased the tax on the export of diesel to Rs 13.5 per litre from Rs 7 per litre and aviation turbine fuel (ATF) to Rs 9 from Rs 2 per litre from September 1. It has […]
Top Russian oil chief dies in hospital fall
Ravil Maganov, the chairman of Russia’s second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in Moscow, two sources familiar with the situation said, becoming the latest in a series of businessmen to meet with sudden unexplained deaths. The sources confirmed reports by several Russian media that the 67-year-old had plunged […]
Core growth slips in July
The output of eight core infrastructure sectors slowed down to 4.5 per cent in July — the lowest in six months — against 9.9 per cent in the year-ago period, according to official data. The output of these infrastructure sectors expanded 13.2 per cent in June, 19.3 per cent in May, 9.5 per cent in […]