Month: May 2021

Public Sector Indian Renewable Energy Development Agency (IREDA) under Ministry of New and Renewable Energy reported an all-time high annual Profit Before Tax (PBT) of 570 crore rupees in the financial year 2020-21 that was severely affected by Covid 19 Pandemic. The PBT of the company was Rs. 241 crores during FY 2019-20. The company has posted Profit After Tax (PAT) of Rs. 346 crores as against Rs. 215 crores in the last financial year, registering a massive growth of 61%. The Board of Directors of IREDA approved the Audited Financial Results for Financial Year 2020-21 in a meeting held ... Read more

According to the National Weather Forecasting Centre of the India Meteorological Department (IMD): All India Weather Warning Bulletin (MID-DAY) (Sunday, 30 May 2021 Time of Issue: 1415 hours IST) 30 May (Day 1): ♦ Thunderstorm with lightning & gusty winds (speed reaching 40-50 kmph) very likely at isolated places over Haryana, Chandigarh & Delhi; with lightning & gusty winds (speed reaching 30-40 kmph) at isolated places over Uttarakhand, north Punjab, East Rajasthan, Bihar, Jharkhand, West Bengal & Sikkim, Odisha, Andaman & Nicobar Islands, Madhya Maharashtra, Marathwada, Konkan & Goa, Telangana and Kerala & Mahe and with lightning at isolated places over Himachal Pradesh, Madhya Pradesh, Vidarbha, Chhattisgarh, Arunachal Pradesh, Assam & Meghalaya, Nagaland, Manipur, Mizoram & Tripura, Coastal Andhra Pradesh & Yanam, Rayalaseema, Karnataka, Tamil Nadu, Puducherry & Karaikal and Lakshadweep. Thunderstorm/Duststorm with lightning & gusty winds (speed reaching 30-40 kmph) very likely at isolated places over West Rajasthan. Heat Wave conditions very likely in isolated pockets over West Rajasthan. Heavy Rainfall at isolated places very likely over Bihar, Sub-Himalayan West Bengal & Sikkim, Assam & Meghalaya and Kerala & Mahe. Squally Weather (wind speed 40-50 kmph) very likely over Eastcentral & Southwest Arabian Sea,  Comorin area and Southeast  Arabian Sea off Kerala coast. Fishermen are advised not to venture into these areas. 31 ... Read more

On account of the disruptions caused by the second wave of COVID 19 pandemic to businesses across various sectors of the economy,Government has further enlarged the scope of Emergency Credit Line Guarantee Scheme as under: (i) ECLGS 4.0:100% guarantee cover to loans up to Rs.2 crore to hospitals/nursing homes/clinics/medical colleges for setting up on-site oxygen generation plants, interest rate capped at 7.5%; (ii) Borrowers who are eligible for restructuring as per RBI guidelines of May 05, 2021 and had availed loans under ECLGS 1.0 of overall tenure of four years comprising of  repayment of interest only during the first 12 ... Read more

The partners of the Hamburg Green Hydrogen Hub, namely Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and the municipal company Warme Hamburg can continue to be optimistic about receiving EU funding to implement their plans. The project in Hamburg has been included in the German Federal Ministry of Economics’ shortlist of projects under consideration for funding under the EU’s “Important Projects of Common European Interest” (IPCEI) program. The shortlist includes 62 projects from initially around 200 individual projects that applied for funding under the IPCEI program. The HH-WIN project, by the Hamburg gas network, which will provide the pipeline infrastructure for ... Read more

Centre for Food Safety launches new online services ***************************************************      The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department today (May 31) launched a number of new services to expand the functions of the Food Trader Portal (FTP), allowing traders to apply for import permission for eggs; report the arrival of food consignments of eggs, meat, poultry and game as well as consignments of other food types imported by air; and handle matters concerning the release of the consignments online.      A CFS spokesperson said, “The CFS has been rolling out different online services at the FTP in ... Read more