(FPJ) India has issued Notice to Airmen (NOTAM) closing its airspace for Civilian and Military aircrafts owned, operated and leased by Pakistan amid escalating tensions between India and Pakistan in the wake of the Pahalgam terror attack. The closure is effective from April 30 to May 23, 2025, a similar decision was taken by Pakistan to shut its airspace for Indian flights last week. This step adds in the already announced series of measures against Pakistan, including the suspension of the Indus Waters Treaty, shutting down of the Integrated Check Post (ICP) at Attari, the suspension of visas for Pakistani…
Author: Aruna Sharma
(HT) India’s average crude oil import price fell 42-month low to about $71.20 a barrel in the first fortnight of March primarily because of the Chinese slowdown, the US efforts for ceasefires in ongoing conflicts and President Donald Trump’s resolve to boost American oil output. India, which imports over 88% crude oil its processes, had last witnessed average monthly oil import price of the Indian basket below $70 a barrel in August 2021. Since then, monthly average saw an upward movement due to various geopolitical and economic reasons that was aggravated by the Ukraine war in early 2022, followed by…
(HT) Indian Oil Corporation, the country’s top refiner, has agreed to a five-year liquefied natural gas (LNG) import deal with trader Trafigura, with prices linked to the US Henry Hub benchmark, three trade sources said on Wednesday. Trafigura will supply three to four LNG cargoes this year and six cargoes annually from next year, said one of the sources. No immediate comment was available from Trafigura and Indian Oil. India is looking to raise its imports of US energy to fix its trade balance with the world’s top economy and traders are looking to re-route some of the LNG meant…
(HT) Indian billionaire Gautam Adani’s group has paused discussions with Israel’s Tower Semiconductor for a $10 billion chip project as it did not make strategic and commercial sense for the group, two people familiar with the matter told Reuters. India’s western Maharashtra state in September announced approval for Adani and Tower to set up a facility which would produce 80,000 wafers per month and create 5,000 jobs, helping Prime Minister Narendra Modi’s ambition of making India a chipmaking hub. Adani Group had previously said the project was being evaluated, but the talks with Tower have been now been put on hold…
(The Pioneer) Prime Minister Narendra Modi asserted on Tuesday that the armed forces have ‘complete operational freedom’ to decide on the mode, targets and timing of India’s response to the Pahalgam terror attack, as he chaired a meeting with the top defence establishment. During the high-level meeting, which was attended by Defence Minister Rajnath Singh, National Security Advisor Ajit Doval and the chiefs of three services, Modi affirmed that it is the national resolve to deal a crushing blow to terrorism, government sources said. Modi expressed complete faith and confidence in the professional abilities of the armed forces. Chief of…
(HT) The commerce ministry said on Tuesday that India and the US are looking at “early mutual wins” indicating that the two may work towards an early harvest deal even before they finalise the first tranche of their proposed bilateral trade agreement (BTA). People familiar with the matter said that India and the US will hold in-person sectoral trade engagements from the end of May. An early deal will potentially avert additional US tariffs set to trigger on July 9, these people added, speaking of discussions after trade negotiators from India held crucial meetings last week. “While productive sectoral expert…
(HT) The Uttar Pradesh government is advancing policy-driven efforts to accelerate green revolution in the state and has signed initial agreements with the Smart Energy Council of Australia and the Hinduja Group. The government has set an ambitious target to generate 500 gigawatts of solar energy by 2030, an official statement said. With a vision to transform Uttar Pradesh, especially regions like Bundelkhand, Vindhya, and adjoining areas, into a hub for solar energy, the government is taking policy-driven efforts, it added. “The state recently signed a Memorandum of Understanding (MoU) with the Smart Energy Council of Australia and the Hinduja…
(HT) Adani Green Energy Ltd., India’s largest renewable power producer by capacity, said its fourth quarter profit rose 53% from a year earlier, following a sharp jump in capacity addition and energy sales. The company reported ₹230 crore ($27 million) profit for the three months that ended in March, it said in a stock exchange filing Monday. Total income rose 15% to ₹3,280 crore. The jump in profit came on the back of a record capacity addition over the year, with the company’s solar portfolio driving the expansion. Rising profits may help restore investors’ confidence after it faced scrutiny in…
(Amar Ujala) राष्ट्रीय स्वयंसेवक संघ (आरएसएस) के सरसंघचालक मोहन भागवत बुधवार की दोपहर करीब 12 बजे बाबतपुर एयरपोर्ट पहुंचेंगे। एयरपोर्ट से सड़क मार्ग के जरिये खोजवां स्थित शंकुलधारा पहुंचेंगे और कन्यादान महोत्सव में हिस्सा लेंगे। यहां पांव पखार कर एक बेटी का कन्यादान करेंगे। उनका संबोधन भी होगा। भागवत की सुरक्षा व्यवस्था को लेकर एयरपोर्ट पर अफसरों ने बैठक की और जिम्मेदारी तय की। शंकुलधारा पोखरे से द्वारकाधीश मंदिर पहुंचेगी बरात अक्षय तृतीया के मौके पर बुधवार को सरसंघचालक मोहन भागवत की मौजूदगी में 125 बेटियों का कन्यादान किया जाएगा। कार्यक्रम की तैयारियां पूरी कर ली गई हैं। बरात शाम…
(Amar Ujala) हिमाचल पथ परिवहन निगम (एचआरटीसी) ने नई 297 ई-बसों के लिए सप्लाई ऑर्डर जारी कर दिया है। यह बसें बंगलूरू में बनेंगी। 9 महीने के भीतर कंपनी 50 फीसदी बसें बनाकर देगी, जबकि 11 महीने के भीतर सभी ई-बसें मिल जाएंगी। निगम और कंपनी के बीच इस बारे में समझौता हुआ है। इन बसों को हिमाचल के 18 डिपुओं में भेजा जाएगा। एक बस की कीमत एक करोड़ से अधिक है। पहले बसों की अपेक्षा इन बसों की माइलेज ज्यादा है। बैटरी क्षमता भी बेहतर है। एक बार बैटरी चार्ज करने के बाद ई-बस 190 से 200 किलोमीटर…