ECONOMY
Delhi citizens grapple with crippling medical deficiencies amid second wave of pandemic
Scarce and overpriced medical supplies, non-availability of oxygen and exorbitantly priced ambulances to take those seriously ill or dying to far flung corners of the national capital; these are some of the outstanding features that constitute life in the metro today
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COVID-19 | Government comes out with guidelines for vaccinating of aviation personnel
The Ministry of Civil Aviation, in a notification, has asked airport operators to tie-up with State governments or private service providers such as hospitals to set up COVID-19 vaccination centres.
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Exclusive | Adani Ports’ acquisition of Gangavaram Port hits stumbling block
Gangavaram Port promoters fear ties with Myanmar military could hurt Adani Ports valuations; want cash for half their stake instead of shares in Adani Ports.
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COVID-19 crisis: Air India pilots' union threatens strike if members not vaccinated at the earliest
In its statement, the union said with no healthcare support to the flying crew, no insurance, and a massive opportunistic pay cut pilots are in no position to continue risking their lives without vaccination.
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Government makes vehicle location tracking essential for oxygen containers
The road ministry said that GPS tracking will ensure that there is no diversion or delay in delivering oxygen tankers, which have been in high demand across the country due to the outbreak of the second wave of the COVID-19 pandemic.
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Seven trains carrying 422 MT of oxygen on their way to states currently: Indian Railways
Of the aforementioned seven trains carrying 27 tankers, two trains carrying 120 MT and 85 MT of oxygen are expected to reach Dehli and Gurugram, respectively on May 4th.
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How BV Srinivas and his team are answering cries of medical help during COVID
The Youth Congress leader and his team of volunteers are able to procure and pass medical supplies, including oxygen cylinders, to patients with apparent ease. How are they doing it?
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Government extends income tax, GST compliance timelines due to outbreak of second wave of COVID-19
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Will deliver 120 metric tonnes of oxygen to Delhi by May 2: Indian Railways
The national carrier will also deliver 124.26 metric tonnes of oxygen to Telangana by May 2.
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Minister Nitin Gadkari invites US companies to invest in India's road sector, assures handsome returns
Gadkari said he was confident that companies would get at least twice the return in India as compared to investing in the US.
INDIA
Rising COVID cases and lockdowns may force railways to cut train operations further
The Indian Railways has adopted a flexible approach, cancelling trains when demand drops, and quickly adding new ones if there is a rush. Officials said that if the pandemic continues to rage and more restrictions are imposed, railway operations may take a significant hit.
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Coronavirus update | Indian Railways converts 4,000 coaches into COVID-19 wards with 64,000 beds
As many as 169 coaches have been handed over to Delhi, Uttar Pradesh, Madhya Pradesh, and Maharashtra.
INDIA
Govt in talks with multiple countries for import of oxygen concentrators after China imposes travel ban
Govt is also in talks with private firms like BPL Medical Technologies and Philips India to increase their domestic production of oxygen concentrators and increase imports. Govt has also granted full exemption of basic customs duty and health cess on import of medical-grade oxygen and oxygen concentrators for three months.
BUSINESS
Explained | How the resurgence of COVID-19 will hit the government's asset monetisation plans for road and aviation
A fall in the speed of construction, work-from-home and lockdown restrictions is expected to hit valuations and market interest, attributable to a drop in the utilization of highways and airways
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COVID-19 second wave | Delhi, Andhra Pradesh have asked for liquid medical oxygen: Railway Board chairman
The Indian Railways is looking to supply oxygen to Delhi from Rourkela in Odisha, while demand for Andhra Pradesh will be met from Angul in Odisha.
TECHNOLOGY
Maruti Suzuki looking to cut shifts at its Gurugram and Manesar plants for COVID protocols
The automobile industry, including market leader Maruti Suzuki, is following safety protocols, but there are concerns that sales would fall if restrictions imposed to control the alarming rise in the number of COVID-19 cases are prolonged
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In Delhi, hospitals run out of supplies, ask patients’ kin to get oxygen, Remdesivir
As hospitals run at full capacities, even non-COVID patients are not being admitted. One doctor even advised people to go to hospitals only in an emergency, as the chances of contracting COVID are high.
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Govt mulls reducing seating capacity in domestic flights amid sharp spike in COVID-19 cases
Top officials from the Directorate General of Civil Aviation, Airports Authority of India, and the Civil Aviation Ministry are likely to meet next week to come out with a decision, the source said.
BUSINESS
Explained | Here’s what the government is doing to supply oxygen across hospitals in the country
PM suggests increasing oxygen production, using surplus stocks in steel plants; 100 hospitals with PSA plants for manufacturing nutrient identified; 162 sanctioned under PM-Cares; permit-free movement of tankers cleared
BUSINESS
Have urged Tesla to start manufacturing in India as early as possible: Union minister Nitin Gadkari
Gadkari said he had spoken to the management of Tesla and had assured them that the government would help them set up industrial clusters in the country.
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Jewar Airport starts pre-qualification process for construction tenders
The two-stage international competitive e-tender process includes an award for engineering, procurement, and construction of the terminal building and associated works as part of the first package, and airside, landside and associated works as part of the second package.
BUSINESS
Govt expects bids for Air India to be lower due to COVID-19 as assets maybe devalued
The lower valuation of Air India is also in line with valuations of other domestic airlines like Jet Airways India Ltd, and InterGlobe Aviation owned IndiGo falling in the past year
BUSINESS
Freight traffic handled by 12 major ports in India contracted 4.6% Y-o-Y in FY21
Ports' freight traffic showed a year-on-year increase for the fifth consecutive month in March. Ports' freight traffic boomed in March, rising 16.4 percent on year, the largest in at least a year.
BUSINESS
Adani Ports to acquire remaining 25% stake in Krishnapatnam Port, shares fall
Adani Ports and Special Economic Zone Ltd is acquiring the residual 25% stake in Adani Krishnapatnam Port for Rs 2,800 crore.
