The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
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Modi makes ‘farm outreach’ with Jewar airport project -Virendra Singh Rawat
-RuralVoice.in Even as Prime Minister Narendra Modi laid the foundation of the Rs 30,000-crore Jewar International Airport in Uttar Pradesh (UP) today, he made a subtle outreach to the farmers too in the wake of protests over the three central farm laws. Last week, Modi announced to repeal the contentious laws and on November 24, the Union Cabinet approved his proposal. A bill will be tabled in the winter session of Parliament...
More »Finance Ministry and Niti Aayog had raised red flags before Adani’s clean sweep of six airports -Pranav Mukul and Anil Sasi
-The Indian Express This assumes significance given that on August 31 last year, the Adani Group signed another deal to acquire a controlling interest in the country’s second largest airport, in Mumbai — the Airports Authority of India cleared that takeover on January 12. BOTH THE FINANCE Ministry and Niti Aayog had put on record objections regarding the 2019 airport bidding process, which were over-ruled, clearing the way for a clean sweep...
More »Big beneficiaries of Tranche IV stimulus: Adani, Vedanta, Tata Power, Anil Ambani's Reliance -Nevin John
-BusinessToday.in Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...
More »Explained: How 100 frauds hit banks -Rahul Tripathi
-The Indian Express CVC report analyses 100 major frauds on public sector banks, committed by borrowers from 13 sectors. Among them, an aviation firm that got loans based on its brand name in spite of a poor credit rating; and jewellers who allegedly inflated value of diamonds and submitted fake details on debtors. New Delhi: The Central Vigilance Commission (CVC) recently came out with a report that analyses the top 100 bank...
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