GOOD EVENING INDIA

November 17, 2018, Saturday

Your Evening News Updates From Across The Media Space

India hits back at Trump’s tariffs, raises import duties on agri, steel products

India hits back at Trump’s tariffs, raises import duties on agri, steel products

The global trade war deepened Thursday with China reiterating it will hit back if the latest tariff threats from Donald Trump materialize, while India followed the European Union in slapping retaliatory levies on US goods.

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Government to bring out single solar bid of 1 lakh MW: Union Minister RK Singh

Government to bring out single solar bid of 1 lakh MW: Union Minister RK Singh

Union Minister RK Singh today said the government will bring single solar bid of 1 lakh MW, which would also include storage and solar equipment manufacturing components.

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Alfanar Group plans to bid in India's renewable energy auctions

Alfanar Group plans to bid in India's renewable energy auctions

The $3 billion Riyadh-headquartered Alfanar Group is making a major foray into India’s renewable energy sector, looking to raise $200 million for investments, half of which will be its own funds.

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India’s utility solar capacity grew 72 per cent in 2017-18: Report

India’s utility solar capacity grew 72 per cent in 2017-18: Report

India's utility solar capacity grew by a whopping 72% in 2017-18 over the previous year, says solar consultancy Bridge To India in its latest annual report on the sector. It installed 9.1GW of utility solar against 5.5GW in 2016-17.

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Indore railway station to get 260 kw capacity solar power plant

Indore railway station to get 260 kw capacity solar power plant

Indian Railways will now install a mega solar power plant at Indore railway station that would save Rs 7 lakh a year against electricity usage.

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Hydropower plants increase production in June as rains pick up

Hydropower plants increase production in June as rains pick up

Above-normal rains in June have helped hydropower stations to step up production, easing concerns caused earlier by scanty showers in April and May, and a low-snowfall winter.

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Finmin to hold meeting with stakeholders of power sector today

Finmin to hold meeting with stakeholders of power sector today

The crucial meeting of stakeholders of power sector with the finance ministry as per the directive of Allahabad High Court will be held today to discuss ways to address issues faced by stressed power plants.

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AIIB ready to pump in $1.9 billion more into various Indian projects

AIIB ready to pump in $1.9 billion more into various Indian projects

Ahead of the annual meeting of its board of governors here next week, a senior official from the Asian Infrastructure Investment Bank (AIIB) on Wednesday said it will pump USD 1.9 billion into various Indian projects.

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Adani Transmission acquires 100 per cent equity in Ghatampur SPV

Adani Transmission acquires 100 per cent equity in Ghatampur SPV

Adani Transmission said that it has acquired 100 per cent equity in share capital of Ghatampur Transmission Ltd (GTL) yesterday, which will set up 900 circuit Km transmission line to primarily evacuate power from 3X660MW Ghatampur Thermal Power Project.

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Sweden starts construction on fossil fuel-free steel plant

Sweden starts construction on fossil fuel-free steel plant

Sweden has started construction on a factory that will test whether it's feasible to make steel without burning fossil fuels.

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Petrol, diesel price on 21st June 2018: Check out rates here city-wise

Petrol, diesel price on 21st June 2018: Check out rates here city-wise

Petrol prices were reduced by 11 paise and diesel prices by 10 paise, applicable from 6:00 a.m. on 21st June 2018. The reduction in diesel prices come after a pause of four consecutive days.

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OPEC strives for new deal as Iran still wary of output hike

OPEC strives for new deal as Iran still wary of output hike

OPEC's leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet the rising global demand, with Iran still signalling it would support only a modest increase in supply.

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Indian Oil facing increased cost pressure due to crude oil spike

Indian Oil facing increased cost pressure due to crude oil spike

Every $10 per barrel rise in the price of crude oil raises working capital cost by about Rs 500 crore per year and cost of fuel consumed internally by $0.9 per barrel for Indian Oil Corp, its finance chief has said.

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RBI Governor Urjit Patel, others voted for rate hike on inflation risks

RBI Governor Urjit Patel, others voted for rate hike on inflation risks

RBI Governor Urjit Patel voted for interest rate hike citing inflation risks and related uncertainties while his deputy Viral Acharya felt there was no alternative to it by 25 basis points, as per the minutes of the MPC meeting released today.

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Oil prices drop as Iran signals support for OPEC crude output rise

Oil prices drop as Iran signals support for OPEC crude output rise

Oil prices fell on Thursday as Iran signalled it could be won over to a small rise in OPEC crude output, potentially paving the way for the producer cartel to agree a supply increase during a meeting on Friday.

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Crude oil traders ready for musical chairs as China tariffs loom

Crude oil traders ready for musical chairs as China tariffs loom

Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude.

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EXPLAINER: OPEC's challenge - to pump more oil while keeping deal in place

EXPLAINER: OPEC's challenge - to pump more oil while keeping deal in place

For OPEC, over-compliance with its supply-cutting deal is a nice problem to have. Once known for rampant cheating on agreed oil output targets, the Organization of the Petroleum Exporting Countries has been over-delivering on a pact in place since January 2017, cutting around one and a half times the promised amount.

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Slow moving vehicles can't ply on Eastern Peripheral Expressway

Slow moving vehicles can't ply on Eastern Peripheral Expressway

Not just two-wheelers, but all slow moving vehicles, including three-wheelers and the recently cleared quadricycles, won't be allowed to ply on the Eastern Peripheral Expressway.

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IRCTC Tourism offers 7-day trip to Dubai, Abu Dhabi; check details here

IRCTC Tourism offers 7-day trip to Dubai, Abu Dhabi; check details here

IRCTC Tourism is offering a package tour to Dubai and Abu Dhabi from Ahmedabad. Called “Dream Dubai and Abu Dhabi”, the six nights and seven days package includes a Dubai city tour, cruise, desert safari and a trip to the world’s tallest skyscraper the Burj Khalifa.

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26 Special Trains between Jabalpur–Secunderabad; 2 Special Trains between Hyderabad-Kakinada Town announced

26 Special Trains between Jabalpur–Secunderabad; 2 Special Trains between Hyderabad-Kakinada Town announced

In order to clear extra rush of passengers, 26 Special trains will run between Jabalpur– Secunderabad – Jabalpur as detailed below

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Trains Cancelled/Partially Cancelled/Rescheduled due to Traffic Block and Restoration of Trains by SCR

Trains Cancelled/Partially Cancelled/Rescheduled due to Traffic Block and Restoration of Trains by SCR

Since Non-Interlocking Work for commissioning of through goods loop line at Uppal station on Kazipet-Balharshah section has completed and the following trains are restored as detailed below:

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Western Railway announces ‘renumbering’ of DEMU Trains w.e.f. 15th August 2018

Western Railway announces ‘renumbering’ of DEMU Trains w.e.f. 15th August 2018

Some of the DEMU trains running between Vasai – Boisar – Dombivli and Vasai – Diva will be renumbered with effect from 15th August, 2018. Details of trains are given below

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Railways runs Relief Sorties on Trolleys in Flood-Hit Assam, Provides Food & Medicines

Railways runs Relief Sorties on Trolleys in Flood-Hit Assam, Provides Food & Medicines

The Indian Railways is leaving no stone unturned to help people affected by the Assam floods. From providing relief in the form of food and medicines to transporting them to shelters, the national carrier is doing it all reports. Here is how it is playing out.

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RailTel revises bidding date as many as 10 times over the past 60 days as Firms shy away in bidding for IR’s WiFi Project

RailTel revises bidding date as many as 10 times over the past 60 days as Firms shy away in bidding for IR’s WiFi Project

The Central Government’s aim of of connecting 7,700 Railway Stations with WiFi facilities might not be met. Companies have not shown much interest in the tender it has floated for a contract in this regard, citing lack of commercial viability and huge infrastructure costs.

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Environment Ministry allows Gauge Conversion of Akola-Khandwa Rail line through Melghat Tiger Reserve

Environment Ministry allows Gauge Conversion of Akola-Khandwa Rail line through Melghat Tiger Reserve

Months after it told the Railways that its projects passing through forest lands and national parks will not be exempted from forest clearance process

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