Power outages hit China, threatening economy and Christmas

Power outages hit China, threatening economy and Christmas

Power cuts and even blackouts have slowed or closed factories across China in recent days, adding a new threat to the country’s slowing economy and potentially further snarling global supply chains ahead of the Christmas shopping season in the West. The outages have rippled across most of eastern China, where the bulk of the population … Read more

Australia Covid updates live: Victoria records 779 new cases and two deaths as regions await lockdown fate

Australia Covid updates live: Victoria records 779 new cases and two deaths as regions await lockdown fate

Victorian regions plunged into a seven-day lockdown will find out today if restrictions will lift amid concerns over case numbers in Geelong and Mitchell Shire. Follow the latest updates live NSW frontline medical staff gagged as health system braces for Covid peak NSW and Vic restrictions; Vic hotspots Vaccine rollout and rates tracker; Cases and … Read more

India’s June infrastructure output grows 8.9% y/y

India’s June infrastructure output grows 8.9% y/y

India’s infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed. Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial output, rose by 25.3% on year in the first quarter of the fiscal year beginning in … Read more

Punjab: Power outages to spike as farmers’ rail blockade cuts off thermal plants’ coal supply

Punjab: Power outages to spike as farmers’ rail blockade cuts off thermal plants’ coal supply

Punjab government has requested farmers who are staging an indefinite rail blockade in opposition to the Centre’s new agriculture laws, to spare goods trains since the state’s thermal power plants are now left with only two days of coal supply. Farmers blocking railway tracks at Devi Dass Pura village in Amritsar on October 7 (Photo … Read more

Coal miner’s daughter survives ISIS blast, tops country-wide university exam in Afghanistan

Coal miner’s daughter survives ISIS blast, tops country-wide university exam in Afghanistan

Eighteen-year-old Shamsia Alizada survived a deadly suicide-attack blast by ISIS on her academy two years ago. It killed more than 40 students and wounded numerous others. Scared, she briefly dropped out from Mawood Education Centre, but then went back with encouragement from her teachers. This deadly incident however couldn’t stop her from topping the university … Read more

Divestment Plans: 18 sectors including coal, crude oil, power, telecom among others are ‘strategic’ for government

Divestment Plans: 18 sectors including coal, crude oil, power, telecom among others are ‘strategic’ for government

New Delhi: The government has identified 18 strategic sectors for disinvestment purposes, including coal, crude oil, power, steel, telecom, atomic energy and defence, allowing three to four PSUs in each space while gradually moving out of all other sectors. The 18 sectors have been classified into three categories, which are mining and exploration, manufacturing and … Read more