Highlights

  • New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..

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  • New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..

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  • New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..

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  • PFC extended 3 crores support for construction of Dr. KB Hegdewar School..

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  • New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..

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  • New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..

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  • New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..

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  • New Delhi:GAIL honored with Golden Peacock Award..

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  • New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..

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  • New Delhi: Capex utilisation in DFCCIL increased 21%-Railway Minister reviewed the progress..

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International News

Iran's sole nuclear power plant undergoes emergency shutdown

Iran's sole nuclear power plant has undergone a temporary emergency shutdown, state TV reported on Sunday.   An official from the state electric energy company, Gholamali Rakhshanimehr, said on a talk show that the Bushehr plant shutdown began on Saturday and would last "for thre

Posted Date :  21-06-21

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Europe powers up electric car battery drive

Paris: As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent but it remains far from reducing its dependence on Asia. China, Japan, and South Korea produce most of the world's electric car batteries.   Europe now has projects

Posted Date :  21-06-21

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Canada biggest electricity producer enters energy storage market

MONTREAL: Hydro-Québec, Canada’s largest electricity producer, on Wednesday entered the fast-growing market for storing renewable energy, where it could face competition from the likes of Tesla.   Hydro-Quebec launched its EVLO unit as countries push to reduce emissions,

Posted Date :  09-12-20

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Oil rises on vaccine hopes despite U S stock build

LONDON: Oil prices rose on Wednesday as news about COVID-19 vaccines lifted investor hopes for a recovery in fuel demand and outweighed concerns sparked by figures indicating U.S. oil inventories jumped last week.   The American Petroleum Institute (API) said on Tuesday that U.S. cru

Posted Date :  09-12-20

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Oil slips amid surging virus cases and US-China tensions

New York: Oil prices slipped on Monday as the positive impact from COVID-19 vaccine news and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the United States and China.   Both oil contracts gained around 2% last week a

Posted Date :  07-12-20

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Volatile oil prices poised for second monthly decline

London: Global oil prices moved in and out of negative territory on Friday but remained on course for a second monthly fall as rising COVID-19 cases in Europe and the United States heighten concerns over fuel consumption.   Brent crude was down 3 cents at $37.62 a barrel by 1140 GMT

Posted Date :  30-10-20

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USAID launches three regional energy programs in South Asia

The U.S. Agency for International Development (USAID) announced three regional energy programs in South Asia, valued at more than USD28 million through the US Government's Asia Enhancing Development and Growth through Energy (Asia EDGE) initiative that would improve access to affordable, secu

Posted Date :  28-10-20

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Libya NOC resumes oil exports from key terminals in the east

Tripoli: Libya's National Oil Corporation announced Friday the resumption of oil exports from two key terminals in the east of the conflict-strewn country, as rival administrations struck a ceasefire deal.   "Force majeure is being lifted from Ras Lanuf and Al-Sidra starting

Posted Date :  24-10-20

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Singapore fuel oil stocks slip exports to Saudi resurface

SINGAPORE: Singapore’s residual fuel oil inventories slipped by 1.4% to a two-week low in the week ended Oct. 21 amid limited net import volumes and a jump in unusual exports to Saudi Arabia, official data showed on Thursday. The lower stockpiles, which snapped five straight weeks of i

Posted Date :  22-10-20

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Poland to seek EU approval for state aid to build nuclear plant

WARSAW: Poland will ask the European Commission to approve state aid for the construction of a nuclear power station, the minister responsible for energy infrastructure said on Thursday.   “It is impossible these days to build a nuclear power plan without state support,”

Posted Date :  22-10-20

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In Dubai oil-rich UAE sees a new coal power plant

DUBAI, United Arab Emirates: A new wonder is rising in the southern desert of Dubai against the backdrop of Persian Gulf beaches, but it’s not another skyscraper to grace the futuristic sheikhdom. Instead, it’s one of mankind’s oldest power sources gaining its own space on the o

Posted Date :  22-10-20

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Israel and UAE companies sign MoU for energy collaboration

Israel: Israeli state-owned company Europe Asia Pipeline Company (EAPC) and MED-RED Land Bridge (MRLB), a joint venture between Petromal – an integrated oil and gas company based in Abu Dhabi – and other Israeli companies, have signed a binding MoU for energy collaboration.  

Posted Date :  21-10-20

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EU opens anti dumping probe into Chinese steel wind towers

Brussels: The European Union has begun an anti-dumping investigation into imports from China of steel towers used for wind turbines, the EU official journal said on Wednesday.   The investigation follows a complaint by the European Wind Tower Association, which says the volumes and l

Posted Date :  21-10-20

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KEPCO cancels foreign coal power investment

South Korea: South Korea’s majority state-owned utility KEPCO plans to cancel or convert to LNG two remaining overseas coal power projects in its pipeline, which includes the 630MW Thabametsi plant in South Africa and the 1,000MW Sual 2 project in the Philippines.   According t

Posted Date :  21-10-20

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Oil prices steady but rising infections and oil supply weigh

Melbourne/Singapore: Oil prices were little changed on Tuesday, steadying after three days of declines due to worries that a resurgence of coronavirus cases globally is stifling a recovery in fuel demand, while growing output from Libya adds to plentiful supply. Brent crude futures were trading d

Posted Date :  20-10-20

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UK and EU tell each other to move on trade

London/Brussels: Britain and the European Union said on Monday the door was still open to a deal, calling on each other to compromise to find a way to protect billions of dollars of trade between the neighbours. With just over two months before Britain ends a status-quo transition arran

Posted Date :  19-10-20

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UK launches clinical trial of BCG vaccine against Covid-19

As part of a large-scale global trial, scientists in Britain have launched a study to test if the widely-used Bacillus Calmette-Guerin (BCG) vaccine could help protect people against Covid-19.   Developed almost a century ago, BCG vaccine was originally designed to fight tuberculosis (TB

Posted Date :  12-10-20

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Meet the Americans standing by for possible election violence

A common fear is that the Nov. 3 contest between President Donald Trump and Democratic challenger Joe Biden remains undecided, leading to protests that could escalate into civil unrest, or even sectarian conflict. An illustration of those concerns came in Michigan on Thursday, with the announce

Posted Date :  09-10-20

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Oman reintroduces nightly coronavirus curfew from 11 to 24 Oct

Dubai: Oman will re-introduce a night-time ban on movement and enforce the overnight closure of shops and public places between Oct. 11 and 24, to help contain the coronavirus, state media reported on Friday.   The restrictions will apply from 8 p.m. (2000 GMT) to 5 a.m. (0500 GMT)

Posted Date :  09-10-20

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Greece’s Neo-Nazi leaders found guilty of running a crime gang

Greece: A Greek court on Wednesday found the leadership of Greece's neo-Nazi party convicted of running a criminal organization. This trail has been lasting for more than five years.    The judge gave the verdict on 68 defendants, a large number of people gathered outside the court

Posted Date :  07-10-20

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Russia records over 11,000 COVID-19 cases in past 24-hour

Russia has registered 11,615 COVID 19 cases total to 1,237,504, the country’s corona virus response center said on Tuesday.   “In past 24 hours, Russia has confirmed 11,615 COVID 19 cases in 83 regions, of which 3,282 (28.3 percent) were detected actively, with people showing no clin

Posted Date :  06-10-20

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Google defers Indian in-app commission fees after startups complain

Bengaluru: Alphabet Inc’s Google has extended its deadline for Indian app developers to comply with a new billing system by six months to March 31, 2022, the U.S. tech giant said in a blog post on Monday. Google also said it was setting up "listening sessions" with leading startups to unde

Posted Date :  05-10-20

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Hong Kong protester carries Indian flag said STAND WITH INDIA

Hong Kong: Hong Kong protestors protesting against the Chinese government and supporting India on China’s national day. People came out on the roads to raise their voices against the Chinese government. The pro-democracy protesters have been on streets on and off since last year after

Posted Date :  03-10-20

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Tesla CEO Musk suggests India entry in 2021

“Thanks for waiting,” Musk said. Tesla’s entry could come at a time when Prime Minister Narendra Modi is increasingly becoming focussed on promoting the use and manufacture of electric vehicles.

Posted Date :  02-10-20

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