(PTI) The facts of another case have found mention in the Delhi High Court order denying bail to former union finance minister P Chidambaram in the INX Media money-laundering case. In his 41-page verdict on November 15, Justice Suresh Kumar Kait of the high court reproduced some paragraphs from a 2017 Supreme Court order rejecting bail to Delhi-based lawyer Rohit Tandon in a money-laundering case. The judge also referred to a previous 2017 order of the high court in the case of Rohit Tandon versus Enforcement Directorate in which it was observed that “there is a provision of trial by a…
Author: Amit Bhanot
(ET) It may well have been September: clear blue skies and strong winds greeted Delhiites on Sunday morning. Except, it wasn’t. Deep into November and right after one of Delhi’s worst smog episodes, the capital experienced its cleanest air in terms of AQI since November 6, with a reading of 215 (poor) on Central Pollution Control Board’s daily bulletin at 4pm. In contrast, the AQI reading on Friday was 458 (severe). The dramatic turnaround was because of a number of meteorological factors, which included strong winds ranging between 25 and 30 km/hr, clear skies, reduced humidity and a high boundary…
(PTI) The government has notified a Steel Scrap Recycling Policy (SSRP) to provide for a framework to facilitate and promote establishment of metal scrapping centers in India for scientific processing and recycling. Union Steel and Petroleum Minister Dharmendra Pradhan said in Lok Sabha that the policy framework provides standard guidelines for collection, dismantling and shredding activities in an organised, safe and environmentally sound manner. “The Steel Scrap Recycling Policy has been notified in the Gazette of India vide No. 354 dated November 7, 2019. The policy provides a framework to facilitate and promote establishment of metal scrapping centers in India…
(ET) Development plans entailing total investments of Rs 50,000 crore in power, solar energy, education and tourism sectors are in the pipeline for the newly-created Union territory of Ladakh, home minister Amit Shah said on Sunday. Launching the sale of winter-grade diesel in Ladakh’s capital Leh through video-conference, Shah said the government has made a provision to ensure that budget allocations for Ladakh will not lapse in case they are not utilized fully within the fiscal. This has been done in view Ladakh’s special development needs and to allow the local administration to make full use of funds as per their development needs.This is the first…
(PTI) The government is planning to set up a project management unit for expediting the operationalisation of allotted coal blocks. The coal ministry will hire a consultant to set up the project management unit, the ministry said in a notice while inviting bids from eligible entities. “Ministry of Coal plans to take services of a consulting firm to set up a project management unit to support on ‘expediting coal block operationalisation’,” the notice for Request for Bid (RFB) stated.”The bidder selected in accordance with the provisions of the RFB, shall assist the Authority by deploying dedicated professionals in order to provide assistance and coordinate various implementation…
(ET) In 2008-09, billboards were displayed across Ahmedabad claiming Gujarat will show the way to the rest of India how to be pollution-free by use of compressed natural gas (CNG). The campaign was aimed at discouraging autorickshaw drivers and owners who mixed kerosene with petrol to fuel their vehicles, causing heavy air pollution, said a senior government official. In June this year, Gujarat chief minister Vijay Rupani announced the ‘CNG Sahbhagi Yojana’. It aims to resolve the issue of long queues at CNG stations by adding another 300 stations in two years. Further, the state government recently gave its nod for what it claims…
(ET) Indian Oil Corporation (IOC), the country’s largest fuel retailer, plans to double its base-oil production from Haldia refinery in West Bengal by adding a new 270 Thousand Tonne Per Annum (TMTPA) Catalytic Dewaxing Unit (CDU) at a cost of Rs 1,085 crore, the company said in an application to the environment ministry. “The proposed new plant, which is expected to run on neat-hydrocracked residuum in conjunction with the existing cat-dewaxing plant, should be able to increase the base oil production ex refinery by around 100 per cent,” IOC said. Base-oil is a name given to the lubricant grade oil initially produced from…
Bharat Heavy Electricals Limited (BHEL) has commissioned two more pumping units each for Package-6 (7×116 MW) and Package-8 (7×139 MW) of Kaleshwaram Lift Irrigation Scheme (LIS). Notably, with this, BHEL has successfully commissioned all 14 pumping units of these packages within a record period of six months and well within the scheduled time. These are very large size pump sets with each pump designed to lift 89 cumecs of water against a head of 100 to 125 metres. Kaleshwaram is a greenfield irrigation project and is being developed by the Irrigation & CAD (I&CAD) department of the Government of Telangana. While, Package 6 is…
In its 323rd meeting held on 14th November, 2019, ONGC Board approved the results for Second Quarter (Q2) of FY 2019-20 (FY’20). ONGC registered a net profit of Rs. 6,263 crore on the gross revenue of Rs. 24,493 crore during Q2 FY’20. During this period ONGC produced 5.842 MMT of crude oil and 6.265 BCM of natural gas. Details are as under: Financial Performance (Standalone) Q2 H1 Actual FY’19 FY’20 FY’19 % Var FY’20 FY’19 % Var Gross Revenue (Rs. Crore) 24,493 27,989 (12.5) 51,047 55,202 (7.5) 1,09,655 Net Profit (Rs.Crore) 6,263 8,265 (24.2) 12,167 14,408 (15.6) 26,716 Crude Oil…
(PTI) Gold prices on Thursday witnessed a marginal rise of Rs 15 to Rs 38,995 per 10 gram in the national capital as rupee appreciation limited the upside, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 38,980 per 10 gram. “Spot gold prices for 24 Karat in Delhi were trading up by Rs 15 and the upside was limited on rupee appreciation. The spot rupee was trading 16 paise stronger against the dollar during the day,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said. Silver prices also gained Rs 50 to Rs 45,726 per…