Anil Sasi is National Business Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.
An estimated 85 per cent of this equipment has been imported from three countries — primarily China, alongside Vietnam and Malaysia — with a surge coinciding with the rollout of the Centre’s ‘Make-in-India’ programme.
Restaurant owners have pointed to the street violence in urban centres such as Delhi, Lucknow and Kolkata, alongside prohibitory orders imposed by state administrations, having a direct impact on the food business.
Of the 1.26 lakh GPs that have been made service ready so far, WiFi hotspots are functional only in 15,000. The plan to provide fibre to the home (FTTH) connectivity is operational only at 27,856 GPs till end-December, the official added.
Two senior government officials, who are aware of the deliberations to tighten the regulatory framework, said the move to “step back” on the drone policy has been prompted by fresh red flags raised by security agencies.
It is estimated that a $10-per-barrel increase in the price of oil would negatively impact India’s growth by 0.2-0.3 percentage points and worsen the Current Account Deficit (CAD) by $9-10 billion dollars.
Discom losses, which had progressively reduced in the first couple of years since the scheme’s rollout in November 2015, have rebounded in FY ’19 to nearly double the losses recorded the previous year.
Supreme Court has asked government to look into the feasibility of hydrogen-based tech to deal with vehicular air pollution in capital. India is looking closely at Japan, which has made progress in this field.
Research on hydrogen-based vehicle technology, or fuel cells, done at the International Research Center for Hydrogen Energy at Kyushu University is learnt to be a crucial input in the submissions set to be presented by the Centre in the Supreme Court on December 3.
Paytm, the flagship brand of One97, partnered SoftBank and Yahoo Japan in October last year. PayPay’s claimed user base of nearly 15 million users till October 2019, includes consumers of an existing wallet inherited by the Paytm app on launch.
A closer examination of the data for the last six years, however, shows that ONGC’s expenditure on exploratory wells has almost halved from Rs 11,687 crore in the year ended March 2014 to Rs 6,016 crore in the year ended March 2019.
Of the country’s total installed generation capacity of 3,63,370 MW, the peak demand met was a little less than half at just around 1,88,072 MW on November 7, according to official data available with grid managers and analysed by The Indian Express.
In all, over 15 discoms have fallen back on their payment obligations against electricity supplied by solar and wind energy developers — the only bright spark in an otherwise sluggish electricity sector.
The PMC scam went undetected for around 11 years despite the RBI requiring all regulated entities — including cooperative banks — to submit details of transactions and accounts to it since February 2016.
Lord Mayor of the City of London Peter Estlin said that Brexit provides the UK with an opportunity to start a global dialogue by itself on how financial technology companies are regulated across the world.