GOOD EVENING INDIA

March 25, 2019, Monday

Your Evening News Updates From Across The Media Space

Punjab govt releases Rs 667 cr towards power subsidy, GST, various schemes

Punjab govt releases Rs 667 cr towards power subsidy, GST, various schemes

On the directives of Punjab Chief Minister Captain Amarinder Singh, the Finance Department has released another Rs.
667. 63 crores towards power subsidy, GST compensation to local bodies, as well as various development projects of PIDB and the Ashirwad scheme.

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NCLT allows Sunil Goel to inspect documents of Omaxe’s holding company

NCLT allows Sunil Goel to inspect documents of Omaxe’s holding company

Sunil Goel, who has dragged his elder brother and Omaxe Chairman Rohtas Goel to the NCLT alleging mismanagement in the company, has been allowed by the tribunal’s Chandigarh bench to inspect the documents of its promoter company, Guild Builders.

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Saubhagya Impact? Peak Power Demand Breaches 180 GW Mark For The First Time In India

Saubhagya Impact? Peak Power Demand Breaches 180 GW Mark For The First Time In India

Peak power demand in the country has breached the 180 GW mark for the first time in October, Financial Express has reported. The peak power demand (180.4 GW) this year was 9.8 per cent higher than the highest level

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India becomes largest renewable energy auctions market in the world-min

India becomes largest renewable energy auctions market in the world

India has become the largest market globally for auction of new renewable energy generation projects and the second-largest destination attracting clean energy investments. These are the findings of the latest Climatescope 2018 report by Bloomberg NEF (BNEF).

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New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep

New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep

The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of distributed grid-connected solar power projects in Andaman & Nicobar, and Lakshadweep islands.

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Govt targets 20-30% drop in air pollution in 102 cities by 2024

Govt targets 20-30% drop in air pollution in 102 cities by 2024

The Centre has fixed a target of reducing air pollution by 20-30% from the current level in 102 cities across the country by 2024. The target is part of the environment ministry’s National Clean Air Programme (NCAP) which is to be released in the next few days.

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Smaller orders from state govts a respite: Siemens India CEO

Smaller orders from state govts a respite: Siemens India CEO

The Indian listed arm of German engineering firm Siemens said that the increase in power transmission and distribution spend by state governments has come as a respite at a time when large orders continue to be elusive and even central

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RBI’s Urjit Patel says oil prices will boost economy, stays mum on face-off with Modi govt

RBI’s Urjit Patel says oil prices will boost economy, stays mum on face-off with Modi govt

RBI Governor Urjit Patel Tuesday committed to a parliamentary committee to give in writing his views on some of the controversial issues, which may include the government citing never-used powers to get the central bank on the discussion table, said sources.

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Oil prices steady near year lows ahead of G20 and OPEC

Oil prices steady near year lows ahead of G20 and OPEC

Oil prices steadied on Tuesday, depressed by record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week.

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Amitabh Kant pitches for ban on usage of fossil fuel-based gensets

Amitabh Kant pitches for ban on usage of fossil fuel-based gensets

Stressing on tough steps to reform power sector, Niti Aayog CEO Amitabh Kant Tuesday pitched for ban on use of fossil fuel based gensets saying that the government needs to do it before a court order six months down the line.

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Oil PSUs to allot 65,000 petrol pumps: All you need to know if you are planning to apply for petrol pump dealership

Oil PSUs to allot 65,000 petrol pumps: All you need to know if you are planning to apply for petrol pump dealership

Public sector oil companies plan to allot about 65,000 petrol pumps across the country to nearly double the existing retail network, according to officials.

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Crude oil falls below $60 per barrel on record Saudi output

Crude oil falls below $60 per barrel on record Saudi output

Oil prices fell on Tuesday, depressed by record Saudi Arabian production even as the kingdom tried to persuade other exporters to agree output cuts ahead of an OPEC meeting next week.

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Wave of refinery shutdowns may push India into importing fuel next year

Wave of refinery shutdowns may push India into importing fuel next year

A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020, company officials said, in moves that could temporarily dent oil demand and push up imports of refined fuels.

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Indians Buying More Fuel Amid High Prices? Companies Plan To Double Number Of Pumps

Indians Buying More Fuel Amid High Prices? Companies Plan To Double Number Of Pumps

State-owned Oil Marketing Company’s (OMC) Bharat Petroleum Corporation Ltd. (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) have announced plans to double the number of fuel pumps

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What crude oil at $50 a barrel means for India and the world economy

What crude oil at $50 a barrel means for India and the world economy

Just a couple of months ago, major oil trading houses were predicting the return of $100 crude. Now, with oil prices at half that level, here’s a look at what the slump means for the world economy.

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Metro To Bengaluru Airport Hits Funding Barrier: BMRCL Seeks Loan, Central Aid After UDF Plan Falls Through

Metro To Bengaluru Airport Hits Funding Barrier: BMRCL Seeks Loan, Central Aid After UDF Plan Falls Through

The Bangalore Metro Rail Corporation Limited (BMRCL) is planning to seek a loan of 500 million dollars to gain momentum on the airport metro project, Deccan Herald has reported. The BMRCL

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New toll policy for national highways! Soon pay only for the stretch on which you travel; check details

New toll policy for national highways! Soon pay only for the stretch on which you travel; check details

Good news for those who travel by road! The toll policy for national highways is being revamped by the government in order to allow people to pay the toll or user fee only for the stretch they travel instead of the current practice of paying

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99.7% Of Indian Railway Tracks Not Solid Enough To Handle High Speed Trains Of 160 Kmph

99.7% Of Indian Railway Tracks Not Solid Enough To Handle High Speed Trains Of 160 Kmph

India seems to be on a roll when it comes to the development of the railway infrastructure. We have a bullet train under way between Ahmedabad and Mumbai, a train that will connect India to Nepal, another project that will lead us

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Railway station to be built for Sikh pilgrims in Kartarpur: Report

Railway station to be built for Sikh pilgrims in Kartarpur: Report

The Pakistan government would provide land for a railway station in Kartarpur and the construction of lodging and boarding facilities near all Sikh pilgrimage sites in the country, a media report said on Thursday.

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Noida Metro Aqua Line: Rs 2,600 crore extension project to be taken up in phases; here’s why

Noida Metro Aqua Line: Rs 2,600 crore extension project to be taken up in phases; here’s why

Noida Metro Aqua Line: With both the Noida and Greater Noida authorities citing funds crunch as a reason for being unable to contribute their share in the project, the construction of Aqua Line extension, expected to cost Rs 2,600 crore, is likely to be taken up in phases.

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Indian Railways to launch engine-less semi-high speed Train 18, but only 0.3% of tracks fit for 160 kmph!

Indian Railways to launch engine-less semi-high speed Train 18, but only 0.3% of tracks fit for 160 kmph!

Even as Indian Railways tests its first ‘Make in India’ engine-less Train 18, an assessment made in an internal document states that only 0.3% of the country’s railway tracks are fit to handle trains running at 160 kmph speeds.

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Planning begins for 6 new townships along Mumbai-Nagpur Expressway

Planning begins for 6 new townships along Mumbai-Nagpur Expressway

The Maharashtra government has started planning the development of six townships that will come up along the 701-km Mumbai-Nagpur Expressway by appointing consultants to prepare a development plan.

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Coach of Howrah-bound passenger train catches fire

Coach of Howrah-bound passenger train catches fire

A fire broke out in the front coach of Kalka-Howrah Express between Dhirpur to Dhoda Khedi Railway Station near Kurukshetra on Tuesday at around 02:55 am.

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Railways has a message for flyers after airlines charge for web check-ins

Railways has a message for flyers after airlines charge for web check-ins

In an apparent dig at airlines decision to levy web check-in fee for all seats, the Ministry of Railways has asked passengers not to pay extra for this facility, instead they can travel by train at affordable rates.

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