199

Pradhan Says Revival Of Gas Power Plants To Boost Consumption

in DNDQuick

New Delhi: Oil minister Dharmendra Pradhan has asserted that revival of 25 GW stranded gas-based capacity can push consumption of the fuel and transform the nation into a gas-based economy.

"We taking country towards a gas-based economy. Power industry is one of the important industry. If we revive 25,000 MW stranded gas-based capacity and bring them under competitive price mechanism then our gas consumption will definitely increase," Pradhan told reporters on the sidelines of the India Energy Forum by CERAWeek.

The minister said, "In world, the gas constitutes 24 per of energy basket. In Gujarat it is 26 per cent. We want to replicate this success story (in other states). Power industry is primary growth and driving point (for gas-based economy)." 

Written by Khabar Bureau
Hits: 540
198

China’s Forex Reserves Jump To USD 3.1 Trillion

in DNDQuick

New Delhi: China’s forex reserves, the highest in the world, has risen for the eighth month in a row to over USD 3.1 trillion in September as pressure from capital outflow eased.

In January, the forex reserves plunged below USD 3 trillion, but as the economy stands on a firmer footing and the yuan continues to stabilise, the stockpile has increased steadily since February, according to official data released today.

Written by Khabar Bureau
Hits: 539
188

Ball Is In EU's Court As Brexit Talks Resume: Theresa May

in DNDQuick

New Delhi: British Prime Minister Theresa May will tell the European Union on Monday that "the ball is in their court" as her divided government resumes Brexit negotiations in Brussels.

She will use a speech in the House of Commons to urge both sides to show "flexibility" in seeking a deal on Britain's withdrawal from the EU, her Downing Street office said.

"A new, deep and special partnership between a sovereign United Kingdom and a strong and successful European Union is our ambition and our offer to our European friends," May will say.

Written by Khabar Bureau
Hits: 540
182

Madras HC Adjourns Case Against Disqualification Of 18 AIADMK MLAs To Nov 2

in DNDQuick

New Delhi: The Madras High Court has adjourned the case against disqualification of 18 AIADMK MLAs loyal to its sidelined leader TTV Dhinakaran to November 2. 

When the case came up for hearing today before Justice K Ravichandra Babu, senior counsel Abhishek Manu Singhvi appearing on behalf of the disqualified MLAs sought permission to file additional affidavits. 

The counsels of the Speaker, the Assembly Secretary, the AIADMK Whip and the Chief Minister sought more time to reply if additional affidavits are allowed to be filed by the petitioner. 

Written by Khabar Bureau
Hits: 525
187

Sharad Yadav Accuses Nitish Of Choosing Path Of Power Over Party Philosophy

in DNDQuick

New Delhi: Rebel JD(U) leader Sharad Yadav has accused Bihar Chief Minister Nitish Kumar of choosing the path of power than following the party’s philosophy.

In a show of strength, he addressed the national council meeting of the JD(U) where he targeted the BJP as well as Nitish.

Yadav would submit the affidavits signed by the council members to the Election Commission to prove that he has the support and the party name and symbol should be given to him.

The poll panel had recently refused to consider his plea on the grounds that it lacked supporting documents such as affidavits.

He said the BJP had promised to support the cause of development in the run up to the Lok Sabha polls, but it preferred to spend its energy on issues such as love jihad and cow protection.

Written by Khabar Bureau
Hits: 550