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    Coal handling at Goa port to be reduced by 50 per cent: CM

    Coal handling at Goa's only major port, the Mormugao Port Trust, would be reduced by 50 per cent, said Chief Minister Pramod Sawant on Wednesday amid environmental concerns over the increased handling and transportation of the fossil fuel.Addressing a press conference at the state Secretariat after chairing a cabinet meeting, Sawant said his cabinet had empowered him to discuss the...

    • 23 hrs ago
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    Govt to infuse Rs 6K cr equity in NIIF Debt Platform

    The Central government will infuse equity of Rs 6,000 crore into the National Investment and Infrastructure Fund (NIIF) Debt Platform, subject to certain conditions, the Union Cabinet decided on Wednesday.The platform comprises of Aseem Infrastructure Finance Ltd (AIFL) and NIIF Infrastructure Finance Ltd (NIIF-IFL).

    • 23 hrs ago
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    On the revival, IGIA handling around 600 domestic flight movements per day

    Rising passenger traffic along with more domestic flights has triggered an accelerated operational revival of the national capital's IGI Airport.Having been the pivotal logistics hub during the lockdown days, the airport is now handling around 60 per ent of domestic flight movements during the pre-Covid era.

    • 23 hrs ago
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    Banking operations to be hit on Nov 26 due to strike

    Banking operations will be affected across the country on Thursday with about 4.5 lakh bank employees joining the nationwide strike called by the central trade unions, said a top official of the All India Bank Employees Association (AIBEA).The strike was called to protest against the "anti-people policies" of the Central government.

    • 23 hrs ago
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    LVB moratorium ends on Nov 26, cap on withdrawals goes Nov 27

    The moratorium period on Lakshmi Vilas Bank (LVB) will come to an end on Thursday and normal banking operations would commence thereafter, RBI-appointed administrator T.N. Manoharan said."The moratorium period ends on November 26. From November 27 (Friday) onwards, normal operations will resume," Manoharan told IANS. According to the RBI, the amalgamation of the LVB with DBS...

    • 23 hrs ago
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    Profit booking, return of Covid norms drag markets lower, realty stocks plunge

    Reimposition of certain travel restrictions in few states along with investors' disappointment over the ambiguity surrounding the Covid-19 vaccine's availability in the domestic market dragged key the Indian equity markets lower on Wednesday.The three-sessions long gaining streak of both the S&P BSE Sensex and the NSE Nifty50 came to grinding halt as...

    • 23 hrs ago
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    58K women banking correspondents to begin training in UP

    Uttar Pradesh chief minister Adityanath has asked the rural development and panchayati raj departments to go ahead with the training of 58,000 women banking correspondent (BC) Sakhis before they begin their job.The state government has completed the first-of-its-kind technology driven process for selecting 58,000 women for as many posts of banking correspondent Sakhis.

    • 2 days ago
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    BIS quality standards needed for aluminium scrap imports into India

    Experts have emphasized the urgent need for BIS standards for Aluminium Scrap to address quality, environment and safety concerns, as per global benchmarks and check the recycling, usage, and imports of sub-standard scrap.This will help facilitate fair trade of scrap and will enable the availability of the right quality of scrap at the right price and ensure quality end products...

    • 2 days ago
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    Govt no to additional performance security on abnormally low bids

    The government has decided not to seek additional performance security on abnormally low bids received on government contracts to provide relief to contractors already facing liquidity issues in the wake of the ongoing pandemic.The finance ministry has asked all government ministries and departments not to ask for additional security deposit or bank guarantees in cases of low bids...

    • 2 days ago
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    'Power demand can be enhanced with energy efficient appliances'

    Power demand can be enhanced through energy efficient appliances, according to a report by Smart Power India (SPI), a subsidiary of The Rockefeller Foundation.The survey titled 'Demand Generation Manual for Solar Mini-grid' noted that meeting the needs of energy-efficient appliances contributes up to 40 to 45 per cent of the total demand for electricity of the mini-grid....

    • 2 days ago

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