Why stubble burning is done

NEW DELHI: Opening of the coal sector to private players will generate jobs, reduce dependence on fuel import, stimulate the economy and catalyse the country's path towards a USD 5-trillion economy, the industry said on Thursday. Prime Minister Narendra Modi launched the virtual auction process for 41 coal blocks for commercial mining, which is expected to garner Rs 33,000 crore of capital investment in the country over next 5-7 years. Industry body Ficci said that commercial mining will modernise the coal sector. "This landmark reform will unlock country's natural resources," Ficci President Sangita Reddy said. CII stated that the de-nationalisation of the coal sector will help in bringing new investment and advancement in technology. "It is a watershed moment in the history of the coal sector for India. The step reflects the GOI's firm commitment in moving towards AtmaNirbhar Bharat. It is also important to look at important aspects as quality of coal and coal prices at the … [Read more...] about ‘Commercial coal mining to stimulate economy; catalyse path toward $5 trillion economy’

Bikru: After Vikas Dubey’s arrest, his house in Bikru village resembled a ruined fortress. Many villagers have fled too for fear of being harassed by the police. The remaining, however, seemed largely unconcerned with the development. To most villagers, Dubey was some sort of a modern day Robin Hood. He is friend of the poor, they said. Dubey’s family has been controlling the village panchayat for over 15 years and is credited with development of a road, a colony, tap water and toilets. A road, inaugurated four years ago by Dubey and his wife Richa, connects Bikru to the town of Shivli, where the gangster and his aide Prabhat Kumar spent two days after fleeing from the site of attack. Kumar’s grandmother was seen wailing outside her house. “We are sad that policemen lost their lives and happy that justice would now be done. However, he (Dubey) never really troubled the poor here but helped them whenever they were in need,” said Mithilesh. Her sentiment … [Read more...] about Dubey is face of Vikas in Bikru village

Mumbai: Budget carrier IndiGo is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJet's losses during the quarter are likely to be at around Rs 1,000 crore, owing to operational disruptions and low fixed cost coverage, a report said on Wednesday. Regular operations of the domestic airlines remained shut between March 25 and May 24 on account of a nationwide lockdown to curb the spread of the coronavirus pandemic. The government allowed partial (one-third capacity) resumption of domestic commercial passenger flight services from May 25. The international operations, which were suspended from March 22, will however, remain grounded till at least July 31. However, both IndiGo and SpiceJet along with some other carriers, including state-owned Air India, continued with cargo operations under the government's LifeLine Udan scheme. "We expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic … [Read more...] about IndiGo may report Rs 2,670 crore loss for June quarter, SpiceJet losses likely to be at Rs 1,000 crore: Report