BUSINESS AWAAZ

Power Minister RK Singh interacts with members of US-India Business Council

WEB DESK UNION Minister for Power and New and Renewable Energy R. K. Singh interacted with members of the US-India Business Council, USIBC in a virtual event. The agenda of the meeting was advancing cleaner, more sustainable and affordable energy to mitigate climate change and power India’s economic growth. More than 50 industry leaders cutting … Continue reading Power Minister RK Singh interacts with members of US-India Business Council →

RBI cancels license of Raigad based Karnala Nagari Sahakari Bank

NEWS DESK The Reserve Bank has canceled the license of Raigad based Karnala Nagari Sahakari Bank Limited in Maharashtra. In a press release, RBI said the bank has been directed to cease all its operations from 13th August. As informed by the Reserve Bank of India, the license of Karnala Nagari Sahakari Bank was canceled … Continue reading RBI cancels license of Raigad based Karnala Nagari Sahakari Bank →

Domestic flight tickets to cost more as govt revises fare cap: Report

WEB DESK Domestic flight tickets likely to cost 9 to 12 percent more as government has reviewed the fare cap on domestic flight tickets, the fourth such hike after the government capped the fares in May 2020 when operations resumed after a nationwide lockdown, according to Hindustan Times The civil aviation ministry has officially revised … Continue reading Domestic flight tickets to cost more as govt revises fare cap: Report →

NITI Aayog issues guidelines for states to frame policies for setting up charging networks for electric vehicles

Staff Reporter NITI Aayog has released a handbook to guide state governments and local bodies to frame policies and norms towards setting up charging networks for electric vehicles. The objective is to enhance charging infrastructure and facilitate a rapid transition to electric mobility in the country. The Handbook for Electric Vehicle Charging Infrastructure Implementation has … Continue reading NITI Aayog issues guidelines for states to frame policies for setting up charging networks for electric vehicles →

India stands at 4th position in world in terms of renewable energy capacity

Country achieves installed renewable energy capacity of 100 GigaWatts BISHAHSWAR MISHRA Union Ministry of Power has said that the total installed renewable energy capacity in India has crossed the mile-stone of 100 GigaWatts. Today, India stands at 4th position in the world in terms of installed renewable energy capacity, 5th in solar and 4th in … Continue reading India stands at 4th position in world in terms of renewable energy capacity →

New India is ready and committed to grow with new world, says PM at CII meet

The government has utilized the pandemic to undertake bold reforms to revive growth: PM Modi By Andalib Akhter Prime Minister Narendra Modi today asserted that the new India was ready and committed to grow with the new world. He said that the country was no longer apprehensive of foreign investments and was taking major leaps … Continue reading New India is ready and committed to grow with new world, says PM at CII meet →

Digital revolution will be key driver of growth: Singapore’s Dy PM at CII

Staff Reporter Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies Heng Swee Keat expressed confidence in India’s strong economic fundamentals. He said that as the global economy recovers, India, with its resilient fundamentals, would bounce back strongly. India has a vast number of young adults, a large and growing market, and is rapidly … Continue reading Digital revolution will be key driver of growth: Singapore’s Dy PM at CII →

Govt target is to achieve 100 kms per day of highway construction: Gadkari at CII Meet

By Andalib Akhter Union Minister of Road Transport and Highways, Nitin Gadkari today said that Government target was to achieve 100 kms per day of highway construction from present level of 40 kms per day in coming times. During Plenary Session on “Infra – Connectivity: To Fast Track Economy” as part of CII Annual Meeting … Continue reading Govt target is to achieve 100 kms per day of highway construction: Gadkari at CII Meet →

5 lakh 17 thousand electric vehicles registered in last three years: Govt

AMN / NEW DELHI The Government has said that over five lakh 17 thousand electric vehicles have been registered in the country over the last three years. The Heavy Industries Ministry formulated the Faster Adoption and Manufacturing of Electric Vehicles in India, (FAME India) Scheme in 2015 to promote adoption of electric and hybrid vehicles … Continue reading 5 lakh 17 thousand electric vehicles registered in last three years: Govt →

Oil prices fall more than four percent

Oil prices fell more than four percent extending last week’s steep losses. In intra-day trade, Brent crude was trading around 67 dollars and 90 cents per barrel.