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Modi’s 2017 travel bill: Rs 765 million

Modi spent 32 days out of the country in 2017. IMAGE: Prime Minister Narendra D Modi boards a flight to Kabul in 2015. That year, Modi traveled overseas 12 times. Photograph: Mohammad Ismail Prime Minister Narendra D Modi's foreign travel expenditure has been the lowest so far in 2017, according to the latest numbers made available by the government. The cost for chartered flights to overseas destinations in 2017 was Rs 765 million, which was even lower than the foreign travel expenditure during 2014 when Modi took over as the PM on May 26. For the seven months in 2014 (June to December), the PM's foreign travel expenditure was pegged at Rs 779 million. Last year's expenditure was half of that incurred in 2016 towards the PM's foreign travel at Rs 1.52 billion. The year before that, in 2015, Modi's foreign travel expenses were at Rs 1.34 billion. The PM went on seven overseas trips in 2017, compared with eight in 2016, 12 in 2015 and seven in 2014. So ... » Learn More about Modi’s 2017 travel bill: Rs 765 million

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Reviving the Iran deal: On Biden attempt to revive JCPOA

U.S. President Joe Biden’s attempts to revive the Joint Comprehensive Plan of Action (JCPOA), better known as the Iran nuclear deal , have not seen any breakthrough with both sides waiting for the other to blink. The Biden administration says it would return to the deal if Iran starts complying with its terms. Tehran, on the other side, asks the U.S., which unilaterally quit the deal under the Donald Trump administration in May 2018, to return to the agreement first and lift sanctions on Iran. The EU’s efforts to organise direct U.S.-Iran talks were also unsuccessful as Tehran reportedly rejected the offer. Iran has also accelerated its nuclear programme. This game of chicken continues as the clock is ticking. Iran will elect a new President in June. Hassan Rouhani, who bet his presidency on the deal — only to be repudiated by Mr. Trump — cannot stand in a third consecutive election. There is no guarantee that a moderate like Mr. Rouhani would be elected this time. And it is not a ... » Learn More about Reviving the Iran deal: On Biden attempt to revive JCPOA

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Jaiprakash Power Ventures plans to sell 74 per cent stake in JPL to PGCIL

Jaiprakash Power Ventures Ltd (JPVL) on Tuesday said its board has approved disinvestment of 74 per cent stake in Jaypee Powergrid to PGCIL . Jaypee Powergrid Ltd ( JPL ) is a joint venture of Power Grid Corporation of India (PGCIL) and JPVL. "Board of Directors of the company, in its 131st Meeting held on 2nd March, 2021 has approved disinvestment of 74 per cent shareholding in Jaypee Powergrid," a BSE filing said. The company said the stake sale is expected to be complete by March 31, 2021. The amount of consideration shall be informed on execution of Share Purchase Agreement, it stated. PGCIL , the buyer, is a Government of India Enterprise engaged in the business of transmission lines. The buyer does not belong to the promoter or promoter group companies , it added. ... » Learn More about Jaiprakash Power Ventures plans to sell 74 per cent stake in JPL to PGCIL

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Magenta Power sets up street lamp integrated EV charging stations

EV charging solutions provider Magenta Power on Wednesday announced the setting up of its first set of street lamp integrated charger ChargeGrid Flare, in partnership with HPCL. The facility has initially been installed at HPCL outlets in two locations in the Bandra Kurla Complex of Bandra suburb of Mumbai, and the other one at Niti Marg in New Delhi, Magenta said in a release. Designed exclusively to offer an energy-efficient streetlight combined with an EV charging point, the charger provides integrated EV charging facilities from within a durable, traditional-looking, streetlight, the company said. It also said it is looking to set up over 1,000 such facilities by this year. The ChargeGrid Flare is a smartly built, inclusive of power saving efficient LED lamp, robust street light pole and electric vehicle supply equipment made for Indian climatic conditions enabling online and remote monitoring of the chargers, said the release. It has automated payment gateway ... » Learn More about Magenta Power sets up street lamp integrated EV charging stations

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Tata Power to provide green energy in Jharkhand

Mumbai (Maharashtra): TP Saurya Ltd, a wholly-owned subsidiary of Tata Power, has signed a power purchase agreement with Tata Steel to develop a 15 megawatt solar project at Jamshedpur in Jharkhand . The energy will be supplied to Tata Steel under a power purchase agreement valid for a period of 25 years from scheduled commercial operation date. The project is required to be commissioned within six months from the date of power purchase agreement's execution. The plant is expected to generate an average of 32 million units of energy per year and will annually offset average 25.8 million kg of carbon dioxide. Tata Power's renewable capacity will increase to 4,047 MW out of which 2,687 MW is operational and 1,360 MW is under implementation, including 15 MW won under this power purchase agreement. "We are glad to collaborate with Tata Steel to reduce their carbon footprint and reaffirm the Tata Group's commitment for sustainability," said Praveer Sinha , CEO and ... » Learn More about Tata Power to provide green energy in Jharkhand

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Another Mumbai-like blackout? Telangana power utilities thwart Chinese hacking attempt

#Telangana Ex-PM Narasimha Rao's daughter is KCR's candidate for legislative council #Telangana Telangana: HC lawyer couple stabbed to death in broad daylight in Peddapalli district #Telangana GHMC Mayor Election: G Vijayalakshmi becomes new Mayor, Latha Sobhan Reddy as Deputy Mayor #Telangana Is Y S Sharmila planning to launch a regional party in Telangana? #Telangana TRS meet: No change of guard in Telangana, clarifies KCR #Telangana Telangana SSC Exam 2021: Number of questions papers reduced, check details For Quick Alerts Subscribe Now India-made Covaxin showed 81% interim efficacy: Bharat Biotech on Phase 3 results View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 6 min ago Jan Sangh founded by Bengal's son, still Mamata calls BJP 'outsider party': Nitin Gadkari 1 hr ago BJP has no right to chant ‘Bharat Mata ... » Learn More about Another Mumbai-like blackout? Telangana power utilities thwart Chinese hacking attempt

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High housing prices depress spending power

National Bureau of Statistics data show that the increase in housing prices in 70 major Chinese cities from December to January was higher than from November to December. According to the central bank, housing mortgage accounted for 65 percent of residents' loans last year, when residents' financial leverage rate increased to 62.2 percent from 56.1 percent in 2019. Zhang Xiaojing, head of the financial institute of the Chinese Academy of Social Sciences, attributes the rising leverage rate to soaring real estate prices that boost the fast growth of housing mortgage loans. Zhang said the Chinese residents' housing mortgage was 15.9 percent of the country's gross domestic product in 2010, and the proportion has grown to 40.1 percent now. According to the central bank's survey of more than 30,000 families in 30 provinces and regions in October 2019, 43.4 percent of the families paid housing mortgage, and about 29 percent of their income went toward repaying the loan. The survey ... » Learn More about High housing prices depress spending power

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‘Never aspired for power, post or authority’, says VK Sasikala as she quits politics

Chennai: VK Sasikala on Wednesday announced that she was quitting politics claiming that she never aspired for power, post or authority. In a statement, Sasikala said, "Will always be grateful to Tamil people and followers of Amma. Staying away from politics, I'll always pray to the almighty and Amma for amma's rule to continue." Further, she urged AIADMK cadres to stay united and defeat DMK in the upcoming polls. In her letter, she asks for MGR-Jaya's golden rule to continue in Tamil Nadu and requests Amma's (Jayalalithaa's) loyalists to ensure that evil force DMK doesn't come to power. This comes nearly a month after she was released from prison, at that time she had said that she would soon meet people and play active role in politics. Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage . ... » Learn More about ‘Never aspired for power, post or authority’, says VK Sasikala as she quits politics

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US firm report on cyber attack not just about Mumbai: Maharashtra Home Minister

After a US firm claimed a Chinese government-linked group of hackers targeted India's critical power grid system through malware , Maharashtra Home Minister Anil Deshmukh on Tuesday said Union Power Minister R K Singh spoke to him over the issue and stressed on the need to remain vigilant. Interacting with media persons outside the Vidhan Bhavan in Mumbai, Deshmukh said the US company's report on suspected cyber attack on India's power grid should not be seen from a political point of view as it concerns the entire country not just Mumbai or Maharashtra. He said during their telephonic talk, Singh expressed concern over the issue and called for all to remain alert. The home minister on Monday said the massive power outage in Mumbai on October 12 last year may have been the result of a cyber sabotage as he cited a probe report of the state's Cyber Cell. Deshmukhs comments on Monday came in the wake of the US company's report which also raised suspicion whether the ... » Learn More about US firm report on cyber attack not just about Mumbai: Maharashtra Home Minister

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Singapore’s Union Gas considers switch to electric charging at fuel station

SINGAPORE: Singapore fuel distributor Union Gas Holdings Ltd is looking at converting its fuel station to supply electricity from cleaner energy sources such as natural gas , solar and hydrogen , it said on Wednesday. The move comes after Singapore stepped up its target for electric vehicles and charging stations in a 2030 green plan announced in February. Union Gas has commissioned a study from builder Surbana Jurong to redevelop its sole fuel station in the island's west, the companies said in a joint statement. The study will explore options such as adding solar and micro-wind generators, battery storage systems and electric-vehicle charging stations. To be completed in six months, the study may also include a natural gas-based power generation station, they said. The aim is to convert it into a "multi-fuel, multi-energy station" that could be replicated elsewhere in southeast Asia, Union Gas' deputy chief executive, Ng Yong Hwee, told Reuters. Union Gas ... » Learn More about Singapore’s Union Gas considers switch to electric charging at fuel station

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