NTPC, 10 others in fray for subsidy on LNG for power plants
NEW DELHI: As many as 11 bidders including NTPC are in the fray on Wednesday for the Rs 298 crore government subsidy on offer for plants receiving inadequate domestic natural gas. The power plants can use the subsidy support from the government to buy expensive imported LNG to make up for the fuel... read more »
Indian Authorities Reject Uber’s Application for Delhi License
NEW DELHI—Uber Technologies Inc.’s application for a license to operate in the Indian capital has been rejected for a second time, according to an order passed by transport authorities in the city. The ride-hailing company applied for a license after its services were banned in Delhi in... read more »
Sensex trades firm amid global rally, Nifty above 7,850; Banking stocks gai...
2.22 pm: GAIL (India) shares advanced over 1 per cent on BSE after the company announced during market hours on Wednesday, that pipeline welding of 12 inch pipeline connecting HFCL Barauni to IOCL, Barauni commenced on Tuesday at Barauni, marking the first phase implementation of company’s... read more »
Exports declined by 20.7 percent in August, says Commerce Ministry
The Ministry of Commerce and Industry has said that India’s exports plunged 20.7 per cent in August this year, to 21.3 billion dollars. In data appearing in the public domain, the ministry said that this was ninth consecutive month when exports have slumped and global economic slowdown and... read more »
Defence veterans end fast-unto-death, protests to continue
Defence veterans, who were on fast-unto-death, on Sunday called off their hunger strike following a clarification from Prime Minister Narendra Modi on the voluntary retirement issue, a day... read more »
Migrant crisis: Germany to release funds to help regions cope
Germany’s coalition government has agreed to spend 6bn euros (£4.4m) to support record numbers of migrants and other measures to deal with the influx. Critics at home have accused... read more »
North, South Korea begin family reunion talks
North and South Korean Red Cross officials kicked off talks on Monday on organising a rare and emotional reunion for families separated by the Korean War. The discussions at the border... read more »
Saudi-led coalition forces kill 20 at a wake in Yemen
Saudi-led coalition’s jets killed at least 20 people at a wake in northern Yemen on Sunday, as warplanes pounded Houthis and other forces behind a missile strike that had killed... read more »
OROP: Parrikar says ‘small issues’ will be sorted, Na...
Defence minister Manohar Parrikar has said the “small issues” in the implementation of the one rank one pension (OROP) scheme will be addressed in due course. “OROP as a principle... read more »
