The Centre has allocated more than Rs 1,600 crore under two schemes -- one of them to combat pollution in Delhi-NCR and the other to prevent stubble burning, according to an official response to an RTI query. In order to prevent stubble burning, a new scheme -- 'Promotion of Agricultural Mechanisation for In-Situ Management of Crop Residue in the states of Punjab, Haryana, Uttar Pradesh and NCT of Delhi' is being implemented from 2018-19 to 2019-20, it stated."It (the scheme) is being implemented by the Ministry of Agriculture and Farmers' Welfare with the total release from the central funds of Rs 1,178.47 crore," the Ministry of Environment, Forest and Climate Change (MoEFF) stated in the reply.Also, it said the government had last year launched a separate programme 'Control of Pollution' with a total outlay of Rs 460.96 crore for 2019-20 with objectives to provide assistance for abatement of pollution to state pollution control boards and committees and for implementation … [Read more...] about Over Rs 1,600 cr central funds to combat pollution, stubble burning: RTI
Air quality
Realme Buds Air confirmed to support wireless charging case
Realme is gearing up for the launch of Realme X2 and the Realme Buds Air. Days before the launch, Realme has started teasing various features of its first truly wireless earbuds. Realme India CEO Madhav Sheth has revealed more Realme Buds Air features, which includes wireless charging support.Previously, it was reported that Realme Buds Air could come with a wireless charging case out of the box. The latest update by Sheth confirms the report, which also revealed that the Realme Buds Air will support Qi wireless charging standard.What makes #realmeBudsAir truly disruptive?Isn't it amazing guys!Get ready for the launch at 12:30PM on 17th Dec.RT if excited. #TrueWirelessRealSeamless pic.twitter.com/0gY1AVDSTN— Madhav 'Super50w' (@MadhavSheth1) December 12, 2019Close Francis Wang, CMO of Realme India, shared a picture of the Realme Buds Air charging on a wireless charging pad, placed next to the Realme X2 in Avocado Green colour. related news Samsung Galaxy M11, Galaxy … [Read more...] about Realme Buds Air confirmed to support wireless charging case
Cleartrip sees 15% growth in business this year despite slowdown in air passenger traffic
Online travel company Cleartrip has seen little impact on its business this year despite the slowdown in the aviation industry in India.Headquartered in Mumbai, the company which sees India market growing upwards of 20 percent, faced a difficult year, but still managed to clock about 10-15 percent growth, said company’s Senior Vice President, Balu Ramachandran.Talking to Moneycontrol, he said, “This year the company rolled out a bunch of tech-enabled industry-first initiatives.”Close Cleartrip launched Flexifly this year that lets travellers amend their travel schedule. Probably a step in the right direction as Ramachandran said that they saw more impulsive travellers on the platform this year as compared to the previous year. related news Buzz everywhere, other than in my office: FM Nirmala Sitharaman on GST rate increase reports TCS share price up 2.43% after Shapoorji Pallonji Group sells more shares in open market: Report Indian airlines likely to post … [Read more...] about Cleartrip sees 15% growth in business this year despite slowdown in air passenger traffic
Indian airlines likely to post loss of over $600 mn in FY20: Report
Indian carriers are estimated to report a consolidated net loss of over USD 600 million (over Rs 4,230 crore) in 2019-20, according to aviation consultancy CAPA as it downgraded its full-year profitability projection made in June. In June, it projected a consolidated net profit of USD 500-700 million in the optimistic case.Currently, there are four budget carriers and two full service airlines -- IndiGo, GoAir, SpiceJet, AirAsia India, Vistara and Air India.In its quarterly market update report on aviation outlook FY2020, CAPA India said it is the "most significant downgrade within one quarter in more than 16 years".Close The carriers are anticipated to post a consolidated net loss of more than USD 600 million this financial year, as per projection at the end of November. related news Moneycontrol Ultimate Business Quiz #76: Test your knowledge AU Small Fin Bank raises Rs 525 cr from Temasek arm Camas Investments Pte Buzz everywhere, other than in my office: FM Nirmala … [Read more...] about Indian airlines likely to post loss of over $600 mn in FY20: Report
Corporate Buzz podcast | Tax cuts the only silver lining in an overall dark year for India Inc
India Inc witnessed a lot of ups and downs in 2019. From Jet Airways shutting operations to the turmoil in the telecom sector and the demise of VG Siddhartha, in this week’s episode of the Corporate Buzz podcast, Moneycontrol’s Prince Thomas tells Jerome Anthony what transpired in the sector in 2019.After a lengthy court battle, ArcelorMittal managed to take over Essar Steel, thus paving the way for Lakshmi Mittal to get a presence in India. Dark clouds surrounding India Inc were pushed away after the finance ministry decided to cut corporate tax rates and is looking to boost the sector through the disinvestment of BPCL and Air India.Close Tune in to the Corporate Buzz podcast to find out what happened in the sector in 2019. related news On the Ball podcast | EPL gameweek 17 preview: City look to bounce back against Arsenal after derby loss; Leicester playing catch-up with Liverpool The Market Podcast | 2019 bull run was most hated; all eyes on Budget 2020 for … [Read more...] about Corporate Buzz podcast | Tax cuts the only silver lining in an overall dark year for India Inc
