PM Modi meets with Sher Bahadur Deuba, his Nepalese counterpart, in Lumbini

India and Nepal

Prime Minister Narendra Modi met with his Nepalese counterpart Sher Bahadur Deuba on Monday in Lumbini, the birthplace of Gautam Buddha, to discuss ways to deepen current cooperation and expand new areas in the comprehensive bilateral partnership. Modi visited Deuba after giving prayers at the historic Maya Devi shrine in the Himalayan nation at Deuba’s …

With a 5.3 percent rise, jet fuel costs are at an all-time high; this is the tenth increase this year

jet fuel prices

In keeping with a jump in global energy costs, jet fuel prices were boosted by a whopping 5.3 percent on Monday, marking the ninth consecutive increase this year. According to a price announcement issued by state-owned fuel dealers, the price of aviation turbine fuel (ATF), which lets planes fly, has increased by Rs 6,188.25 per …

PM Modi speaks in Bharuch’s ‘Utkarsh Samaroh’ and communicates with people

Prime Minister Narendra Modi

Prime Minister Narendra Modi spoke through video conference to “Utkarsh Samaroh” in Gujarat’s Bharuch on Thursday to commemorate the district’s 100% saturation of four key state government initiatives that will help deliver prompt financial assistance to individuals in need. During his speech, he chatted with the audience and discussed how the “Utkarsh Initiative” schemes benefited …

India is trying to expand its edible oil sector, according to Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman

Following the war between Ukraine and Russia, India is looking to reach new markets for the import of edible oils, according to Union Finance Minister Nirmala Sitharaman. According to her, the country’s ability to acquire edible oils has been hampered by the fighting. “Everyone is aware of the ongoing conflict between Russia and Ukraine. Importing …

Despite India’s energy problem, power equities are gaining traction

India's power consumption

In April, India’s power consumption reached an all-time high of 132.98 billion units, owing to the country’s rising mercury levels. The country’s electricity demand is likely to grow to 220 gigawatts in the next two months, according to India’s power ministry, as the meteorological department predicts above-normal maximum temperatures in the west-central, north-west, north, and …

Adani Group raises $250 million in debt to support airport expansion at six locations

Mumbai International Airport

Adani Group stated on Monday that it has raised $250 million in three-year debt from Standard Chartered Bank and Barclays Bank for capital expenditure at six airports managed through a public-private partnership. According to the firm, the consortium has the option to raise an additional $200 million through the existing facility. The Adani group owns …

In 24 hours, India has recorded 3,545 new Covid cases and 27 deaths

new Covid cases

According to Union Health Ministry data updated on Friday, India recorded 3,545 new Covid infections in a single day, bringing the total number of cases reported to 4,30,94,938, while the number of active cases decreased to 19,688. The death toll has risen to 5,24,002 with 27 more fatalities, according to figures updated at 8 a.m. …

Over 300 people have been evacuated from Mariupol, according to the United Nations

the United Nations

According to the UN, more than 300 residents have been evacuated from the beleaguered southeastern city of Mariupol and four other towns to Ukrainian-held Zaporizhzhia in a second successful operation to transfer civilians out of areas susceptible to Russian shelling and bombing. According to Osnat Lubrani, the UN humanitarian chief in Ukraine, many residents from …

Since the start of the crisis, Ukraine has received 4.5 billion euros in international aid

Ukraine Prime Minister

According to the official press office, Ukrainian Prime Minister Denys Shmyhal has stated that Ukraine has received 4.5 billion euros (about $4.73 billion) in financial international aid since the conflict with Russia began. Ukraine has received $500 million in grant monies from the World Bank in the last week, according to Shmyhal. “We are especially …