(LiveMint) India is set to announce measures to further open up its economy based on Prime Minister Narendra Modi’s interaction with chief ministers on Monday as the 54-day national lockdown nears its end on 17 May. Balancing efforts to contain covid-19 with the need to help revive the economy, the government will further ease curbs on economic activities in the coming days even as efforts to check the spread of the pandemic will continue, a senior home ministry official said, citing Modi. “Slowly but surely, economic activities have begun to pick up. In the coming days, this process will further gather…
Author: Aruna Sharma
(ET) Indian Oil Corporation (IOC), the country’s largest fuel retailer, intends to operate its oil refineries at 80 per cent capacity by end of May in anticipation of increased demand during the month, the company said in a statement today. With the demand for petroleum products gradually picking up, IOC has re-started several process units at its refineries that were down due to the lockdown. “With throughputs gradually picking up pace, the refineries are currently operating at about 60 per cent of their design capacities with plans to scale up to 80 per cent % of the design levels by…
(AU) हिमाचल कैबिनेट की बैठक बुधवार 11 बजे बुलाई गई है। इस बैठक में विभिन्न विभागों से संबंधित फैसले होंगे। एपीएल के राशन की कटौती, बिजली बोर्ड और शिक्षा विभाग से संबंधित फैसले होंगे। मुख्यमंत्री जयराम ठाकुर की अध्यक्षता में यह बैठक राज्य अतिथि गृह पीटरहॉफ में होगी। वहीं, कोरोना वायरस से बचाव के लिए हिमाचल के सरकारी और निजी स्कूलों को अभी खोलने का सरकार जोखिम नहीं उठाना चाहती है। ऐसे में स्कूलों को 31 मई तक बंद रखने का फैसला लिया गया है।कॉलेजों में 25 मई से होने वाली छुट्टियों को 18 मई से 10 जून तक देने…
(AU) देशभर में कोरोना वायरस से संक्रमित मरीजों की संख्या में लगातार बढ़ोतरी हो रही है। केंद्रीय स्वास्थ्य एवं परिवार कल्याण मंत्रालय की ओर से जारी आंकड़ों के मुताबिक, पिछले 24 घंटे में 3604 नए मामले सामने आए हैं और 87 लोगों की मौत हुई है। इसके बाद देशभर में कोरोना पॉजिटिव मामलों की कुल संख्या 70,756 हो गई है, जिनमें 46,008 सक्रिय हैं, 22,455 लोग स्वस्थ हो चुके हैं या उन्हें अस्पताल से छुट्टी दे दी गई है और 2293 लोगों की मौत हो चुकी है। वहीं, आज राजस्थान में 47 और बिहार में 12 नए मामले दर्ज किए गए हैं।…
(ET) Tata Power Strategic Engineering Division (Tata Power SED) on Monday announced the signing of a Rs 1,200 crore contract with Ministry of Defence for modernisation of infrastructure of 37 airfields of Indian Air Force, Indian Navy and Indian Coast Guard. To be executed over the next four years, the contract involves supply, installation and commissioning of modern airfield equipment like CAT II instrument landing system and CAT II airfield lighting system along with other navigational aids and air traffic management system besides creating the required civil and electrical infrastructure. In March 2011, Tata Power SED had obtained from Ministry of Defence a contract for about Rs 1,220…
(ET) Indian energy companies have deferred some cargoes and spot bookings but not cancelled any long-term contracts for procuring Liquefied Natural Gas (LNG) or crude oil supplies, oil minister Dharmendra Pradhan said. In a conversation with Daniel Yergin, Vice Chairman of research and consultancy firm IHS Markit, Pradhan said India has 5.3 million tonne (MT) of strategic storage capacity. “By mid-May it will be full. Apart from that, our companies have 7 MT of floating oil in their contracts. We have booked them, we have purchased them. With our domestic online capacity in crude oil or products we have storage of around 25 MT,”…
(PTI) India’s top oil and gas producer ONGC is likely to see its loss on natural gas sales widen by nearly 50 per cent to Rs 6,000 crore in the current fiscal after the government-mandated rates for the fuel dropped to a decade low. Oil and Natural Gas Corp (ONGC) had posted Rs 4,272 crore loss on gas business in 2017-18, which is likely to widen to over Rs 6,000 crore in the current fiscal (April 2020 to March 2021), sources said citing a company communique to the government. The accounts for 2019-20 are yet to be finalised but the loss on gas business…
(FE) The Centre has released Rs 21,753 crore or 35% of the annual budget outlay under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MG-NREGS) in the first 40 days of the current financial year, as it sought to use the popular scheme to alleviate the distress of migrant workers returning to their villages in large numbers. The average daily release of funds under the scheme till May 10 in the current financial year was Rs 544 crore, against Rs 196 crore in 2019-20 and Rs 170 crore in 2018-19. However, it is not immediately ascertainable if how much of the MG-NREGS…
(PTI) Delhi Chief Minister Arvind Kejriwal on Sunday said. 75 per cent of COVID-19 cases in the city are asymptomatic or with mild symptoms. The chief minister said the government has also issued an order for requisition of ambulances of private hospitals, adding that the decision has been taken in the wake of shortage of state-run ambulances. “They (private ambulances) will have to be pressed into service when the government requires their service,” Kejriwal said while addressing an online media briefing. The government has made arrangements for treatment of those at their homes with mild COVID-19 symptoms in accordance with the Centre’s guidelines.
(FE) The sugar industry in Uttar Pradesh, which has been reeling under the impact of the Covid-19 pandemic and has a burden of cane dues worth Rs 14,300 crore, has sought a bailout package from the state government. In a letter to chief minister Yogi Adityanath, the president of Uttar Pradesh Sugar Millers Association, CB Patodia, has asked the government to bailout the industry by way of a cash subsidy, which shall help augment the mills’ cash flows and ensure continuation of cane crushing operations and cane price payments. Highlighting the stress areas, Patodia wrote that the lockdown has brought in…