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August 21, 2018, Tuesday

Your Evening News Updates From Across The Media Space

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SoftBank chief Masayoshi Son may meet PM Modi for Rs 4 lakh crore solar investment plans

SoftBank chief Masayoshi Son may meet PM Modi for Rs 4 lakh crore solar investment plans

SoftBank founder Masayoshi Son is expected to land in India next week for a meeting with Prime Minister Narendra Modi to discuss his multi-billion dollar investment plans in the country’s solar energy sector, an official familiar with the development told Moneycontrol.

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Rajdhani AC coaches missing! Here's what railways has to say

Rajdhani AC coaches missing! Here's what railways has to say

Things getting lost is quite common, specially the smaller ones. But how will you react if you come to know that some coaches of premium AC trains are missing?

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From cabbages to oil, inflation has many fathers

From cabbages to oil, inflation has many fathers

In the words of economist Milton Friedman, inflation is “always and everywhere” a monetary phenomenon. But if you asked a brokerage analyst in Singapore why prices were soaring in 2007, the response might well have been, “Ah, bus fares went up.”

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Fuel price hike: Congress bullock cart rally to protest rise in petrol, diesel prices

Fuel price hike: Congress bullock cart rally to protest rise in petrol, diesel prices

Trundling in on 70 bullock carts, state Congress leaders protested the fuel price rise on Tuesday, accusing Modi's "suit-boot ki sarkar of insulting people with a 1 paisa price cut".

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You may be paid for power load shedding from next year

You may be paid for power load shedding from next year

From next financial year, you will be paid for load shedding in your area as government is planning to introduce a mechanism from next year to levy hefty penalties on power companies for load shedding and make provisions for direct subsidy transfers to power consumers like LPG gas subsidy.

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Siemens deploys world’s-largest grid stabilization tech solution in Odisha

Siemens deploys world’s-largest grid stabilization tech solution in Odisha

Siemens India, the local arm of the German industrial automation giant Siemens AG, today announced it has deployed the world’s-largest powergrid stabilization technology solution at Rourkela in Odisha.

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Madhya Pradesh Announces Outstanding Power Bill Waiver Scheme

Madhya Pradesh Announces Outstanding Power Bill Waiver Scheme

The state cabinet headed by Chief Minister Shivraj Singh Chouhan approved the Bijli Bill Mafi Yojana 2018 (Power Bill Waiver Scheme) which is expected to benefit about 77 lakh people of the state.

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Daimler Will Not Bring Any Electric Buses To India

Daimler Will Not Bring Any Electric Buses To India

The world is embracing greener technology and India too is heading that way. As passenger car makers are slowly moving in that direction, the commercial vehicle market is not far behind.

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India aims to partner with UN to promote use of solar energy

India aims to partner with UN to promote use of solar energy

India aims to partner with the UN to use solar energy at the world body's premises as part of the efforts to protect and preserve environment, the country's Permanent Representative to the UN Syed Akbaruddin has said.

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Coal shortage: Rajpura power plant stares at shutdown

Coal shortage: Rajpura power plant stares at shutdown

With the paddy season round the corner when the demand for electricity soars, a power crisis is looming in Punjab as the Rajpura thermal plant is likely to suspend operations of its 700 megawatt unit due to coal shortage after having shut the other unit of same capacity.

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India sees record low solar prices returning on China reforms

India sees record low solar prices returning on China reforms

India may be the biggest beneficiary of solar industry reforms in China that are poised to reduce prices for photovoltaic panels.

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Coal India beats corporates with 37 per cent dole for employees

Coal India beats corporates with 37 per cent dole for employees

Coal India is set to hand out Rs 6,000 crore in pay hike and arrears to some 20,000-odd employees this financial year. The salary raise—in the range of 32-37%—will make the increments of these employees significantly higher than the average in the corporate sector.

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DGTR to hold public hearing on safeguard duty probe of solar cells on June 26

DGTR to hold public hearing on safeguard duty probe of solar cells on June 26

The Directorate General of Trade Remedies(DGTR), under the commerce ministry, will hold a public hearing on June 26 here on safeguard dutyinvestigation of solar cells.

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Made in India Li-Ion batteries to cut dependence on China: Anant Geete

Made in India Li-Ion batteries to cut dependence on China: Anant Geete

India will soon be able to manufacture lithium-ion batteries and will not be dependent on China for importing the key component used in electric vehicles as the government accords "top priority" to pushing e-mobility, Union Minister Anant Geete said today.

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GGF to provide $37.4 million for Serbia's first wind energy farms

GGF to provide $37.4 million for Serbia's first wind energy farms

The Green for Growth Fund (GGF) said on Tuesday it would provide 32 million euros ($37.44 million) financing for Serbia's first large-scale wind farms, to help the Balkan country diversify its energy mix and reduce carbon dioxide emissions.

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OPINION: The power sector solution that is not

OPINION: The power sector solution that is not

Lenders have identified 11 power projects with a combined installed capacity of nearly 13,000 MW that have turned into non-performing assets for a special resolution scheme called Samadhan, under which debt would be converted into equity and majority ownership auctioned off to investors.

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Delhi govt buying e-buses at high cost: Ajay Maken

Delhi govt buying e-buses at high cost: Ajay Maken

Delhi Pradesh Congress Committee president Ajay Maken on Tuesday alleged that the Aam Aadmi Party government in Delhi is planning to procure electric buses at an inflated price and is going to spend more money on these buses than any other city in the country.

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Data security is a barrier to adopting digital technologies in oil refineries: Accenture Survey

Data security is a barrier to adopting digital technologies in oil refineries: Accenture Survey

Data security is a major barrier to adopting digital technologies in oil refineries even as cyberattacks on refineries are on a rise. These were among the major takeaways from a survey on digital technology conducted by Ireland-headquartered Information Technology services firm Accenture.

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How gold is saving India from rising crude oil price impact, RBI explains

How gold is saving India from rising crude oil price impact, RBI explains

RBI Monetary Policy: Even as the impact of rising global crude oil prices weigh on India’s trade, India’s central bank RBI noted that a significant decline in imports of gold as well as pearl and precious stones has more than offset the impact of rising crude oil prices.

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RBI cites rising crude as risk to inflation, hikes projection for FY19

RBI cites rising crude as risk to inflation, hikes projection for FY19

Citing the rise in global crude oil prices as a risk to consumer inflation, the Reserve Bank of India's MPC has hiked its inflation projection for FY19.

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In polluted India, engineers find novel way to fight diesel exhaust

In polluted India, engineers find novel way to fight diesel exhaust

India has some of the worst air pollution in the world and smog levels often spike during its sweltering summers, when smoke-belching diesel generators are used to offset power shortages, as air-conditioners and fans stoke consumption.

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Crude oil futures jump to Rs 4,432 per barrel

Crude oil futures jump to Rs 4,432 per barrel

Crude oil rose 0.68 per cent to Rs 4,432 per barrel at the futures trade as speculators created fresh bets, taking positive cues from the global market.

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India Oil's crude production jumped 65 per cent last fiscal

India Oil's crude production jumped 65 per cent last fiscal

Indian Oil Corporation (IOC), the nation's largest fuel retailer, recorded a 65 per cent jump in crude oil production to 2.66 Million Tonne (MMT) last financial year (2017-2018), the company said in a statement. The company plans to source 10 per cent of its crude requirement from its own oil and gas assets.

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India’s natural gas production grows 5.10 per cent in April, gas-based generation rises 19 per cent

India’s natural gas production grows 5.10 per cent in April, gas-based generation rises 19 per cent

India’s natural gas production in April grew 5.10 per cent to 2,663 Million Standard Cubic Meter (MMSCM) as compared to the corresponding month of the last financial year

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Petrol, diesel prices cut marginally on Wednesday

Petrol, diesel prices cut marginally on Wednesday

Petrol and diesel prices in the national capital were cut by 11 paise and 8 paise respectively on Wednesday, the eighth consecutive day of cut in fuel prices. This follows the 16-day hike which jacked up fuel prices to their highest levels in India.

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Hospital train Lifeline Express arriving in Latur on June 15

Hospital train Lifeline Express arriving in Latur on June 15

The Lifeline Express, touted to be the world's first hospital-train that provides medical aid and relief to patients living in far-flung and inaccessible areas, is arriving in Maharashtra next week.

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Odisha wants 'No Flying Zone' for Puri during Rath Yatra

Odisha wants 'No Flying Zone' for Puri during Rath Yatra

The Odisha police will seek permission from the Centre to declare Puri and its periphery as 'No Flying Zone' during the Rath Jatra of Lord Jagannath, an official said.

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Goa meet aims to remove highway project obstacles

Goa meet aims to remove highway project obstacles

Keen on achieving the ambitious target of highway building at a pace of 45 km per day in 2018-19 against 27 km per day achieved in 2017-18, the highways ministry has convened a two-day review meeting with all stakeholders.

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How new-age infrastructure projects are redefining India

How new-age infrastructure projects are redefining India

The rising aspirations and needs of citizens are driving India towards new-age infrastructure where “SMART” is the byword. Almost every new infra project, be it public or private, coming up in the country is bringing in elements such as internet, internet of things, automation and technology to make it a part of evolving Smart India.

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5 Moves of the Modi Government that point to a major Track Change at the Indian Railways

5 Moves of the Modi Government that point to a major Track Change at the Indian Railways

Prime Minister Narendra Modi’s ambitious project to transform the railways is chugging on. From the engines, trains and stations to food and bookings, everything is getting a makeover.

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Attention, Train Travellers! Like Airlines, Railways to Fine You for Extra Luggage

Attention, Train Travellers! Like Airlines, Railways to Fine You for Extra Luggage

Train journeys are fun, but we are all familiar with the sinking feeling that comes when we see a co-passenger bring along what seems like half a ton of excess luggage, and the ruckus that follows as everyone in the berth tries to make space for it.

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