Business

power minister criticizes states for the escalating electrical situation 1
- Business
- April 29, 2022
RK Singh, the electricity minister, claimed on April 28 that there is a power shortage in several states because payments to generation companies have not been made. According to Singh, several governments were not lifting indigenous coal on a war footing, instead of increasing fuel imports and enabling high fuel costs to be passed through. “The
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FM Nirmala Sitharaman: India plans to bring digital currency by next year 0
- Business
- April 28, 2022
India plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. “The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile),” she said. India’s Finance Minister, Nirmala Sitharaman, stated that the country’s goal is to
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DGCA bars 90 SpiceJet pilots from flying 737 Max planes after finding them improperly trained 0
- Business
- April 13, 2022
Indian aviation regulator DGCA has barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft after finding them not properly trained. “For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,” DGCA chief Arun Kumar said in a statement. He also said that the
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India to build Sri Lanka wind farms after China pushed aside 0
- Business
- March 30, 2022
India has agreed to develop three Sri Lankan wind farms on islets between the countries, officials said on Tuesday, in a victory for New Delhi after the project was taken away from a Chinese firm. New Delhi has long been alarmed about the growing Chinese influence in the region. In 2020, 20 Indian soldiers and four
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India’s ONGC sells Russia’s Sokol oil to Indian refiners 0
- Business
- March 29, 2022
India’s ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said. Indian companies are snapping up Russian oil as it is available at a deep discount after
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Oil and gas stocks tumble as Brent hits $100 mark on Russia-Ukraine crisis; IGL, RIL, Petronet fall 0
- Business
- February 24, 2022
Stock markets across the world are feeling the heat as Russian President Vladimir Putin announced a military operation in Ukraine to defend separatists in the east of the country. He also vowed retaliation against those who interfere with the Russian Ukraine operation. The Indian stock market following global peers has tumbled over 3 percent with Sensex
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