Nepal and China on Wednesday signed eight agreements worth US$ 2.4 billion in Beijing during the second day of official visit of Prime Minister KP Oli to China. These agreements are reached between the two governments and private sectors of Nepal and China where Chinese investors will put the money on developing hydroelectricity, water resources, … Read more
Asian stocks had a muted start to trading Thursday as concern simmers about an escalation of trade tensions between the U.S. and China. Benchmarks edged higher in Japan, while South Korean shares were little changed. Australian stocks rose, cementing gains at an eight-year high. Futures in Hong Kong pointed to a muted opening. The Singapore-traded … Read more
Prime Minister Narendra Modi will lay the foundation stone of Rs 6,800 crore strategic Zojila tunnel, Asia’s longest bi-directional tunnel, two Ring Roads-one each in Jammu and Srinagar, Pakal Dul in Kishtwar and inaugurate Kishanganga hydro-electric projects and Tarakote Marg from Katra to Adh-Kunwari during his day-long visit to Jammu and Kashmir. He will also … Read more
The Water Research Foundation recently awarded contracts for three water reuse projects: Evaluating Economic and Environmental Benefits of Water Reuse for Agriculture (Reuse-16-06), FDA Food Safety Modernization Act (FSMA) Produce Safety Rule: Opportunities and Impacts on Potential Water Reuse for Agricultural Irrigation (Reuse-16-07), and Demonstrating Real-Time Collection System Monitoring as Part of Enhanced Source Control for Potable … Read more
Adani Group today signed an agreement with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including development of a greenfield port at Bhavanapadu, in next five years. Group Chairman Gautam Adani said that the company would also be investing in a multi-modal logistics park. He said Andhra Pradesh is also … Read more
India will set up a $350 million fund to finance solar projects, Power Minister R.K. Singh said, as the country steps up efforts to achieve its ambitious target of adding 175 gigawatts (GW) in renewable energy by 2022. India will need at least $125 billion to fund a plan to increase the share of renewable power supply … Read more
The Comptroller and Auditor General (CAG) came down heavily on the Railways for the delay in processing, assigning and completing the projects for electrification. It also said that the Railways did not adopt the e-tendering system to reduce the tender processing period. The CAG in its report, which was tabled in Parliament on Friday said it had done an audit on … Read more