Category «India»

Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting

Eknath Shinde

Eknath Shinde asked Mumbai civic authorities to depute 5,000 “Swatchhta Doots” (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in the city on a mission mode. Shinde asked Mumbai civic authorities …

Delhi Police Issues Traffic Advisory Ahead of India International Trade Fair

delhi police

Entry to the fair will be restricted to business visitors from November 14 to 18. It will be opened for general public from November 19 to 27. The Delhi Police on Sunday issued a traffic advisory ahead of the India International Trade Fair and mentioned the roads where congestion is expected. It said traffic congestion …

Developing Countries Need $1 Trillion a Year in Climate Finance:

Developing countries

Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The report, released ahead of talks on climate change finance at the …

To increase efficiency, SBI and its subsidiaries rearrange top management

State Bank of India (SBI)

The State Bank of India (SBI) has reshuffled its senior management and subsidiaries to improve efficiency, according to a media report published on Thursday. The portfolios of all four MDs have been reshuffled, according to the Indian Express story. SBI’s fourth MD, Alok Kumar Choudhary, DMD (Finance), was inducted. According to the article, he is …

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 …

 Power ministry: The total amount of power consumed in India has exceeded 201.

Union Minister for Power RK Singh

The central government said the greatest all-India power demand met on Tuesday was 201.066 GW, despite complaints of coal shortages at power facilities across the country. The demand exceeded last year’s maximum demand of 200.539 GW, which occurred on July 7, 2021, according to the Ministry of Power. The country’s economic expansion is reflected in …

Two top IndiGo’s executives quit in 2 days as Rahul Bhatia is named MD

Two top IndiGo's executives

IndiGo’s Chief Commercial Officer Willy Boulter said he will resign after July, just a day after Chief Financial Officer Jiten Chopra quit the biggest budget airline in Asia by market value. The top management churn at IndiGo, operated by InterGlobe Aviation Ltd., comes after billionaire co-founder Rahul Bhatia was appointed in a newly-created executive role …

First direct flight between Gorakhpur-Varanasi under UDAN-RCS flagged-off

First direct flight between Gorakhpur-Varanasi

The first direct flight between Gorakhpur and Varanasi was flagged-off on Sunday. SpiceJet was awarded the route under the RCS-UDAN 4.1, as per a press release by the Ministry of Civil Aviation. The airline will be operating daily flights and will deploy its Q400, 78-seater turboprop aircraft designed for shorter-distance flights on the route. SpiceJet is India’s largest regional carrier. The airline operates …

Delhi High Court stays RBI order on Religare unit debt recast

RBI order on Religare unit

The Delhi High Court (HC) put an order by the central bank against the debt recast of shadow lender Religare Finvest on hold until the next hearing. Religare Finvest, a fully-owned unit of Religare Enterprises (REL), said it filed a petition in the Delhi HC against the Reserve Bank of India’s order that said the debt recast cannot be …